Nucor (NYSE:NUE) is scheduled to post its quarterly earnings results before the market opens on Tuesday, January 30th. Analysts expect Nucor to post earnings of $0.77 per share for the quarter.
Nucor (NUE) opened at $68.99 on Tuesday. The company has a market capitalization of $21,930.00, a PE ratio of 19.22, a PEG ratio of 1.17 and a beta of 1.58. The company has a quick ratio of 1.12, a current ratio of 2.11 and a debt-to-equity ratio of 0.37. Nucor has a twelve month low of $51.67 and a twelve month high of $70.48.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 9th. Stockholders of record on Friday, December 29th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.20%. This is an increase from Nucor’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Thursday, December 28th. Nucor’s dividend payout ratio (DPR) is 42.34%.
A number of equities research analysts have recently issued reports on the company. KeyCorp reiterated a “hold” rating on shares of Nucor in a research note on Thursday, October 19th. Zacks Investment Research lowered Nucor from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 26th. Credit Suisse Group lowered their target price on Nucor from $68.00 to $63.00 and set a “buy” rating for the company in a research note on Thursday, September 28th. Bank of America lowered their target price on Nucor from $73.00 to $71.00 and set a “buy” rating for the company in a research note on Friday, October 20th. Finally, Longbow Research lowered Nucor from a “buy” rating to a “neutral” rating and increased their target price for the company from $55.01 to $56.04 in a research note on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $68.37.
WARNING: This piece of content was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/23/nucor-nue-to-release-earnings-on-tuesday.html.
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).
Receive News & Ratings for Nucor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nucor and related companies with MarketBeat.com's FREE daily email newsletter.