Nucor (NYSE:NUE) will announce its earnings results before the market opens on Thursday, April 19th. Analysts expect the company to announce earnings of $1.16 per share for the quarter. Nucor has set its Q1 guidance at above $0.65 EPS.

Nucor (NYSE:NUE) last issued its quarterly earnings results on Tuesday, January 30th. The basic materials company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.10. The business had revenue of $5.09 billion during the quarter, compared to the consensus estimate of $4.86 billion. Nucor had a net margin of 6.58% and a return on equity of 13.03%. The company’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 earnings per share. On average, analysts expect Nucor to post $6 EPS for the current fiscal year and $5 EPS for the next fiscal year.

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Shares of NYSE NUE opened at $62.46 on Tuesday. The stock has a market cap of $19,594.44, a PE ratio of 17.79, a PEG ratio of 0.92 and a beta of 1.53. Nucor has a 12 month low of $51.67 and a 12 month high of $70.48. The company has a quick ratio of 1.19, a current ratio of 2.42 and a debt-to-equity ratio of 0.36.

The business also recently announced a quarterly dividend, which will be paid on Friday, May 11th. Investors of record on Thursday, March 29th will be issued a $0.38 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $1.52 dividend on an annualized basis and a yield of 2.43%. Nucor’s payout ratio is 43.30%.

A number of equities research analysts recently issued reports on NUE shares. Zacks Investment Research downgraded shares of Nucor from a “hold” rating to a “sell” rating in a report on Tuesday, December 26th. ValuEngine upgraded shares of Nucor from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Bank of America set a $75.00 target price on shares of Nucor and gave the company a “buy” rating in a report on Monday, January 8th. Longbow Research upgraded shares of Nucor from a “neutral” rating to a “buy” rating in a report on Wednesday, December 20th. Finally, BMO Capital Markets boosted their target price on shares of Nucor to $72.00 and gave the company a “market perform” rating in a report on Wednesday, January 31st. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $69.32.

In other Nucor news, Chairman John J. Ferriola sold 14,313 shares of Nucor stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $64.12, for a total transaction of $917,749.56. Following the transaction, the chairman now directly owns 333,775 shares of the company’s stock, valued at $21,401,653. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Raymond S. Napolitan, Jr. sold 8,000 shares of Nucor stock in a transaction that occurred on Monday, March 19th. The shares were sold at an average price of $65.11, for a total transaction of $520,880.00. Following the transaction, the executive vice president now directly owns 78,381 shares in the company, valued at $5,103,386.91. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 64,350 shares of company stock worth $4,312,607. 0.80% of the stock is currently owned by corporate insiders.

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About Nucor

Nucor Corporation (Nucor) manufactures steel and steel products. The Company produces direct reduced iron (DRI) for use in its steel mills. It operates in three segments: steel mills, steel products and raw materials. The steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality).

Earnings History for Nucor (NYSE:NUE)

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