CHARLOTTE, N.C., March 14, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its first quarter ending March 30, 2024. Nucor expects first quarter earnings to be in the range of $3.55 to $3.65 per diluted share. Nucor reported net earnings of $3.16 per diluted share in the fourth quarter of 2023 and $4.45 per diluted share in the first quarter of 2023. The steel mills segment's earnings are expected to increase in the first quarter of 2024 due to higher average selling prices an ...

Nucor (NUE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this steel company have returned -0.4%, compared to the Zacks S&P 500 composite's +2.7% change. During this period, the Zacks Steel - Producers industry, which Nucor falls in, has lost 0.7%. The key question now is: What could be the stock's future direction?While media releases or rumors about a ...

Nucor (NUE) ended the recent trading session at $184.65, demonstrating a -0.08% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.51% for the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.58%.The steel company's shares have seen an increase of 1.9% over the last month, not keeping up with the Basic Materials sector's gain of 4.25% and the S&P 500's gain of 2.94%.Analysts and investors alike will be keeping a close ...

Nucor (NUE) closed the latest trading day at $192.30, indicating a +0.06% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.52%. Elsewhere, the Dow saw an upswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.9%.The steel company's stock has climbed by 2.81% in the past month, exceeding the Basic Materials sector's loss of 0.45% and lagging the S&P 500's gain of 3.85%.Investors will be eagerly watching for the performance of Nucor in its upcom ...

A month has gone by since the last earnings report for Nucor (NUE) . Shares have added about 2.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Nucor due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Nucor's Earnings and Revenues Top Estimates in Q4Nucor reported ...

The Zacks Steel Producers industry has lost some momentum after enjoying a strong recovery during the final quarter of 2023 as steel prices have again come under pressure lately. Soft demand in China amid the economic slowdown is also a concern.However, a resilient non-residential construction market and improved demand in the automotive space augur well for the industry. Industry players like Nucor Corporation (NUE) , Steel Dynamics, Inc. (STLD) and Universal Stainless & Alloy Products, Inc. (USAP) are wor ...

K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15( d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 1-4119 NUCOR CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-1860817 (State or other jurisdicti ...

Nucor (NUE) closed the most recent trading day at $189.99, moving +1.79% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.04%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.28%.The steel company's stock has climbed by 6.84% in the past month, exceeding the Basic Materials sector's gain of 1.21% and the S&P 500's gain of 5.01%.Market participants will be closely following the financial results of Nu ...

CHARLOTTE, N.C., Feb. 21, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the company's Board of Directors approved $860 million to construct a 650,000-tons-per-year rebar micro mill in the Pacific Northwest. This will be Nucor's fourth and largest rebar micro mill, with approximately 50 percent more production capacity than the mill currently under construction in North Carolina. Nucor continues to evaluate potential locations, and the project is expected to take two years to constr ...

CHARLOTTE, N.C., Feb. 20, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock.  This cash dividend is payable on May 10, 2024 to stockholders of record on March 28, 2024 and is Nucor's 204th consecutive quarterly cash dividend. About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced i ...