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Nucor (NUE)

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

Company profile

Ticker
NUE
Exchange
NYSE
Website
www.nucor.com
CEO
Leon Topalian
Employees
Incorporated
Delaware
Location
North Carolina
Fiscal year end
Dec 31
Sector
Manufacturing > Iron and Steel Mills and Ferroalloy Manufacturing
Industry (SIC)
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Mechel PJSC • United States Steel • Ak Steel Holding • Commercial Metals • Steel Dynamics • Carpenter Technology • SunCoke Energy • Titan International • TimkenSteel • SunCoke Energy Partners ...
SEC CIK
0000073309
Corporate docs
Subsidiaries
Nucor Steel Auburn, Inc. • Nucor Steel Birmingham, Inc. • Nucor Steel Decatur, LLC • Nucor Steel Gallatin LLC • Nucor Steel Jackson, Inc. • Nucor Steel Kankakee, Inc. • Nucor Steel Kingman, LLC • Nucor Steel Marion, Inc. • Nucor Steel Memphis, Inc. • Nucor Steel Seattle, Inc. ...
IRS number
131860817

NUE stock data

News

From Benzinga Pro
$1000 Invested In Nucor 10 Years Ago Would Be Worth This Much Today
3 Aug 22
Nucor (NYSE:NUE) has outperformed the market over the past 10 years by 1.05% on an annualized basis producing an average annual return of 12.43%. Currently, Nucor has a market capitalization of $34.62 billion.
Nucor Whale Trades Spotted
28 Jul 22
Someone with a lot of money to spend has taken a bullish stance on Nucor (NYSE:NUE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Danaher And 2 Other Stocks Insiders Are Selling
27 Jul 22
US stocks traded higher on Wednesday. Investors, meanwhile, focused on some notable insider trades.
Expert Ratings for Nucor
25 Jul 22
Morgan Stanley Maintains Equal-Weight on Nucor, Lowers Price Target to $115
25 Jul 22

Press releases

From Benzinga Pro
Nucor Reports Record Quarterly Earnings for the Second Quarter of 2022
21 Jul 22
CHARLOTTE, N.C., July 21, 2022 /PRNewswire/ -- Nucor Corporation (NYSE:NUE) today announced record quarterly consolidated net earnings of $2.56 billion, or $9.67 per diluted share, for the second quarter of 2022. By
Nucor Invites You to Join Its Second Quarter of 2022 Conference Call on the Web
7 Jul 22
CHARLOTTE, N.C., July 7, 2022 /PRNewswire/ -- In conjunction with Nucor's (NYSE:NUE) second-quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's
Nucor Completes Acquisition of C.H.I. Overhead Doors
24 Jun 22
CHARLOTTE, N.C., June 24, 2022 /PRNewswire/ -- Nucor Corporation (NYSE:NUE) announced today that it has completed its acquisition of C.H.I. Overhead Doors (C.H.I.) from KKR & Co. Inc. (NYSE:KKR) for $3.0 billion.
Nucor Expects Record Quarterly Earnings in the Second Quarter of 2022
15 Jun 22
Nucor Announces 197th Consecutive Cash Dividend
9 Jun 22

Analyst ratings and price targets

Last 3 months
Current price
Average target
$123.33
Low target
$115.00
High target
$130.00
Morgan Stanley
Maintains
Equal-Weight
$115.00
25 Jul 22
JP Morgan
Maintains
Neutral
$125.00
14 Jun 22
Goldman Sachs
Maintains
Neutral
$130.00
31 May 22

Calendar

11 May 22
9 Aug 22
31 Dec 22

Financial summary

Financial statements Chart NUE financial data
Quarter (USD) Apr 22 Dec 21 Oct 21 Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Financial data from Nucor earnings reports.

Recent insider trades

NUE insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
26 Jul 22 Allen C Behr Common Stock Sell Dispose S No No 122.57 4,119 504.87K 59,734.16
26 Jul 22 Allen C Behr Common Stock Sell Dispose S No No 122.55 209 25.61K 63,853.16
26 Jul 22 Allen C Behr Common Stock Sell Dispose S No No 122.54 25 3.06K 64,062.16
25 Jul 22 Allen C Behr Common Stock Sell Dispose S No No 122.17 3,407 416.23K 64,087.16
17 Jun 22 Topalian Leon J Common Stock Gift Dispose G No No 0 6,000 0 129,809
17 Jun 22 Topalian Leon J Common Stock Sell Dispose S No No 112.179 20,000 2.24M 135,809
17 Jun 22 Topalian Leon J Common Stock Sell Dispose S No No 112.915 28,768 3.25M 155,809
17 Jun 22 Topalian Leon J Common Stock Option exercise Acquire M No No 48 28,768 1.38M 184,577
17 Jun 22 Topalian Leon J Stock Option Common Stock Option exercise Dispose M No No 48 28,768 1.38M 0
1 Jun 22 West Nadja Common Stock Grant Acquire A No No 0 1,262 0 6,148
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

NUE institutional ownership history Ownership history
79.2% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1081 1035 +4.4%
Opened positions 156 207 -24.6%
Closed positions 110 112 -1.8%
Increased positions 335 328 +2.1%
Reduced positions 419 364 +15.1%
13F shares Current Prev Q Change
Total value 30.73B 24.39B +26.0%
Total shares 210.79M 214.12M -1.6%
Total puts 5.12M 4.73M +8.1%
Total calls 4.84M 4.75M +2.0%
Total put/call ratio 1.1 1.0 +6.0%
Largest owners Shares Value Change
Vanguard 35.27M $5.24B -1.6%
State Farm Mutual Automobile Insurance 27.24M $4.05B 0.0%
BLK Blackrock 23.35M $3.47B +4.0%
STT State Street 15.8M $2.36B +2.4%
Capital World Investors 8.48M $1.26B -37.6%
FMR 7.06M $1.05B +6.0%
Geode Capital Management 5.58M $829.37M -0.3%
Dimensional Fund Advisors 4.78M $710.91M +9.3%
NTRS Northern Trust 4.57M $679.09M -1.5%
CFS Investment Advisory Services 4.06M $27K +14509.4%
Largest transactions Shares Bought/sold Change
Norges Bank 0 -5.99M EXIT
Capital World Investors 8.48M -5.12M -37.6%
CFS Investment Advisory Services 4.06M +4.03M +14509.4%
BLK Blackrock 23.35M +897.14K +4.0%
1832 Asset Management 804.82K +804.42K +201104.5%
Vanguard 35.27M -572.35K -1.6%
Ardevora Asset Management 555K +555K NEW
Castleview Partners 0 -508.15K EXIT
Aqr Capital Management 929.81K +460.38K +98.1%
Lord, Abbett & Co. 445.88K +445.88K NEW
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

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Competition
Emerge Health International • Canada • Insteel Industries • Cornerstone Building Brands • Schnitzer Steel Industries • Northwest Pipe • Gerdau • Mittal Steel USA • TimkenSteel

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: assembled, California, capability, chain, confident, conflict, CSI, discount, disrupted, enterprise, ERW, expanding, final, Finally, flow, ii, implied, indenture, inflation, issued, JFE, pickled, pipe, premium, presence, pursuant, range, rapidly, redeem, redeemed, region, resistance, shareholder, softening, subsidiary, typically, Ukraine, Vale, Virginia, welded, West, Western, wider, workforce
Removed: additional, age, allocating, amendment, approach, approval, assessed, attainment, award, balanced, band, Basin, begin, capitalization, charge, Colorado, Committee, composite, conservative, contractually, converted, credited, cycle, decision, decline, defer, deferral, determined, development, direction, director, discretion, dramatically, Duferdofin, earlier, elevated, eligible, employed, employee, employment, enforcement, ensure, entitled, environment, equal, established, event, evolving, exacerbated, exercisable, exist, exited, experienced, expired, extend, fully, Gallatin, governmental, grant, granted, greatest, greenfield, growth, highly, historically, improved, improvement, inactive, Inherent, initiate, January, large, lean, lease, leasehold, long, maintaining, maintenance, maturity, maximize, met, notably, occurred, oil, onset, optimize, outlook, participant, past, payment, Piceance, positive, potentially, power, preservation, prioritizing, priority, prolonged, proved, recovery, reduction, referred, reinvest, remediation, rescheduling, reserved, resilient, restated, restatement, retained, revise, satisfying, selectively, serving, short, shown, South, spending, technology, term, termination, today, transfer, turned, undiscounted, undrawn, unfavorable, unknown, unproved, utilize, venture, vest, vested, vote, warehouse
From filing 10-Q 2022 Q1
Financial reports
View all
10-Q
2022 Q1
Quarterly report
11 May 22
10-K
2021 FY
Annual report
28 Feb 22
10-Q
2021 Q3
Quarterly report
10 Nov 21
10-Q
2021 Q2
Quarterly report
11 Aug 21
10-Q
2021 Q1
Quarterly report
12 May 21
10-K
2020 FY
Annual report
25 Feb 21
10-Q
2020 Q3
Quarterly report
12 Nov 20
10-Q
2020 Q2
Quarterly report
12 Aug 20
10-Q
2020 Q1
Quarterly report
13 May 20
10-K
2019 FY
Annual report
28 Feb 20
Current reports
View all
8-K
Nucor Announces the Addition of Michael W. Lamach
9 Aug 22
8-K
Nucor Reports Record Quarterly Earnings for the Second Quarter of 2022
21 Jul 22
8-K/A
Departure of Directors or Certain Officers
25 May 22
8-K
Entry into a Material Definitive Agreement
23 May 22
8-K
Submission of Matters to a Vote of Security Holders
16 May 22
8-K
Nucor to Acquire C.H.I. Overhead Doors from KKR
15 May 22
8-K
Nucor Reports Results for the First Quarter of 2022
21 Apr 22
8-K
Entry into a Material Definitive Agreement
11 Mar 22
8-K
Entry into a Material Definitive Agreement
7 Mar 22
8-K/A
Departure of Directors or Certain Officers
4 Mar 22
Registration and prospectus
View all
424B2
Prospectus for primary offering
20 May 22
FWP
Free writing prospectus
18 May 22
424B3
Prospectus supplement
18 May 22
424B2
Prospectus for primary offering
4 Mar 22
FWP
Free writing prospectus
2 Mar 22
424B3
Prospectus supplement
2 Mar 22
424B3
Prospectus supplement
6 Oct 21
S-4
Registration of securities issued in business combination transactions
19 Aug 21
S-8
Registration of securities for employees
14 Aug 20
S-3ASR
Automatic shelf registration
14 Aug 20
Proxies
View all
DEFA14A
Additional proxy soliciting materials
25 Mar 22
DEF 14A
Definitive proxy
25 Mar 22
DEFA14A
Additional proxy soliciting materials
26 Mar 21
DEF 14A
Definitive proxy
26 Mar 21
DEFA14A
Additional proxy soliciting materials
14 Apr 20
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEF 14A
Definitive proxy
27 Mar 20
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 18
Other
View all
SD
Conflict minerals disclosure
31 May 22
UPLOAD
Letter from SEC
16 Sep 21
CORRESP
Correspondence with SEC
9 Sep 21
EFFECT
Notice of effectiveness
27 Aug 21
CORRESP
Correspondence with SEC
23 Aug 21
UPLOAD
Letter from SEC
22 Aug 21
CORRESP
Correspondence with SEC
18 Aug 21
UPLOAD
Letter from SEC
13 Jul 21
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
29 May 20
Ownership
View all
4
NUCOR / Allen C Behr ownership change
27 Jul 22
4
NUCOR / Allen C Behr ownership change
26 Jul 22
4
NUCOR / Leon J Topalian ownership change
21 Jun 22
4
NUCOR / NORMA CLAYTON ownership change
3 Jun 22
4
NUCOR / JOHN H WALKER ownership change
3 Jun 22
4
NUCOR / CHRISTOPHER J KEARNEY ownership change
3 Jun 22
4
NUCOR / LAURETTE T KOELLNER ownership change
3 Jun 22
4
NUCOR / JOSEPH D RUPP ownership change
3 Jun 22
4
NUCOR / Gregory J Murphy ownership change
3 Jun 22
4
NUCOR / Douglas J Jellison ownership change
3 Jun 22

Patents

View all
Utility
Method and System of Reducing Non-ferrous Metal Content of Scrap Steel
28 Jul 22
Methods of reducing copper metal content of shredded scrap steel are provided.
Utility
Material Handling Tool
12 May 22
A material handling tool having a support member, a magnet, a magnet control, a power source, and a magnet coupling.
Utility
System for On-site Tracking, Managing, Planning and Staging Construction Projects
5 May 22
A construction management system allows a user to capture an item identifier from an item (e.g., shipment, group of components, and/or one or more components) using a mobile device.
Utility
Aluminum-free steel alloys and methods for making the same
29 Mar 22
Disclosed herein are TRIP (transformation induced plasticity) steel alloy thin metal strips or, stated differently, high strength, high ductility steel alloy thin metal strips formed of a composition described herein, being substantially free or free of aluminum.
Utility
Electrical Steel Processing without a Post Cold-rolling Intermediate Anneal
24 Mar 22
Embodiments of the present invention comprise; annealing steel sheets (e.g., hot rolled steel sheets or thin cast strip steel); cold rolling the sheets in one or more cold rolling steps (e.g., with annealing steps between multiple cold rolling steps); and performing one or more of tension leveling, a rough rolling, or a coating process on the sheets after cold rolling, without an intermediate annealing step between the final cold rolling step and the tension leveling, the rough rolling, or the coating process, or the customer stamping or final customer annealing.

Transcripts

View all
2022 Q2
Earnings call transcript
21 Jul 22
2022 Q1
Earnings call transcript
21 Apr 22
2021 Q4
Earnings call transcript
27 Jan 22
2021 Q3
Earnings call transcript
22 Oct 21
2021 Q2
Earnings call transcript
22 Jul 21
2021 Q1
Earnings call transcript
23 Apr 21
2020 Q4
Earnings call transcript
29 Jan 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
28 Apr 20

Reddit threads

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