Nucor

Open: 154.62 Close: 153.45 Change: -1.17

Don't invest before reading what an AI found about Nucor Company Inc Stock.

This document will help you to evaluate Nucor without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Nucor are: Nucor, steel, company, share, year, Nucors, Steel, and the …

Concept Map

Semantic Network

Stock Summary

Nucor Corporation engages in manufacture and sale of steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled and galvanized sheet steel products; plate steel products, wide-flange beams, beam.

Today's Summary

Nucor Corp. stock falls friday, underperforms market - marketwatch.nucor Corporation (NUE) stock is down -1.64% while the S&P 500 has gained 0.14% as of 2:11 PM on Friday, Apr 21. Wall Street analysts forecast NUE stock price to rise.

Today's News

nucor corp. stock falls friday, underperforms market - marketwatch.nucor Corp. stock fell friday. Nucor (Nue) gears up for q1 earnings: whats in the cards? - april 18, 2023. Nucor shares are down 14% over a year compared with the industry s 5.1% decline. The Zacks Consensus Estimate for first-quarter consolidated revenues is currently pegged at $8,169 million, reflecting a year-over-year decline of 22.2%. If a recession hits this year, Nucors revenue will be impacted, but the company will still be able to recover quickly because of its flexible cost structure. Nucor has increased its annual dividend payout in 50 consecutive years starting from 1973. The Steel Mills segment consists of carbon and alloy steel in sheet, bars, structural and plate, steel trading businesses, and rebar distribution businesses. NUE : 153.45 (-1.46%) RGLD : 130.01 (-0.60%) NUE Invites You to Join Its First Quarter of 2023 Conference Call. Nucor Steel Gallatin in Kentucky previews things to come in West Virginia. Company announced the purchase of the Gallatin Steel Company in September 2014. Nucor announced a $164 million investment to build its new tube mill on the Gallatin site. The new mill will have the capacity to produce approximately 250,000 tons. Nucor Steel West Virginia hopeful for summer groundbreaking for new sheet mill. Site preparation work continued on March 15, 2023. Nucor (NUE) came out with quarterly earnings of $4.45 per share, beating the Zacks Consensus Estimate of $3.81 per share. The company sees higher earnings in its steel mills unit on a sequential comparison basis. Fisher Asset Management LLC. holds Nucor Corp.s shares valued at 29M. Fisher Asset management LLC. It is one of the largest hedge funds holding Nucors share. Hedge Fund Trend Decreased By 48.2K Shares Last Quarter. Nucor Corp reports strong Q1 Earnings and Optimistic 12-Month Price Forecasts amid Robust Demand for Steel Products. 11 analysts offering 12-month price forecasts had a median target of 156.00. Nucor Corporation (NUE) stock is down -1.64% while the S&P 500 has gained 0.14% as of 2:11 PM on Friday, Apr 21. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucors. Nucor filed new subsidy allegations against U.S. Steel. Company says it had a very strong quarter driven by solid performance in raw steel products. The call can be accessed via webcast from the Investor Relations section of Nucors website(nucor.com/investors) A presentation with supplemental informationto accompany the call has been posted to Nucor Investor Relations website. In the first quarter, Nucor generated EBITDA of approximately $1.9 billion and net earnings of $4.45 per diluted share. We were ranked number one amongst steel companies for the second consecutive year as one of the worlds most admired companies. Leon J Topalian: We remain optimistic that 2023 will be another strong year of earnings for Nucor The construction and nonresi construction segment represents over half of Nucors overall mix. Shares in Nucor last closed at $153.45 and the price had moved by -12.61% over the past 365 days. The overall consensus recommendation for Nucors is Hold. Last year, the company paid a total dividend of $2.01 and it currently has a trailing dividend yield. Wall Street analysts forecast NUE stock price to rise over the next 12 months. Nucor is the largest steel producer in the US. The origins of the steel manufacturer can be traced back to 1905 when the founder of an automobile company established Americas nuclear corporation. Nucor is considered to be the largest manufacturer of steel in the US. The company has a high geographical presence in comparison to many other companies. The steel manufacturing company is responsible for generating significant environmental carbon emissions.

Stock Profile

"Nucor Corporation engages in manufacture and sale of steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. The company was founded in 1905 and is headquartered in Charlotte, North Carolina."

Keywords

How much time have you spent trying to decide whether investing in Nucor? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Nucor are: Nucor, steel, company, share, year, Nucors, Steel, and the most common words in the summary are: nucor, steel, stock, earnings, price, nue, corp, . One of the sentences in the summary was: Nucor Corp. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #nucor #steel #stock #earnings #price #nue #corp.