Nucor Corporation (NUE) is a dominant player in the US steel industry as highlighted by the 209 consecutive cash dividend payments and a reported ownership of 79% of the shares being held by institutional owners. Analysts highlight the potential for substantial earnings, given the possibility of tariff hikes, governmental deregulation, and ambitious capital investments, despite recent lower selling prices and expected revenue decreases. There has been mixed performance recorded with
shares falling 5.58% on Jun 11, 7.9% since the last earnings report, and a reported decrease of 33% YTD, offset by stock rallies evidenced through a surge of over 14% and an 8.36% uplift on Jun 2. Although the company's stocks have been dipping, Jim Cramer, TV personality and former hedge fund manager, sees longer-term potential, repeatedly acknowledging
Nucor as the 'best steel company' and predicts significant future performance that could see stock values rise to $80. Meanwhile, the death of steel industry pioneer Dave Aycock and significant HR leadership changes suggest some turbulence within the company. Additionally,
Nucor's reported Q1 2025 earnings highlight strong financial performance, suppressing challenges and offering a promising outlook, despite some bearish sentiments.
Nucor Corporation NUE News Analytics from Tue, 12 Nov 2024 08:00:00 GMT to Fri, 13 Jun 2025 21:14:21 GMT -
Rating 3
- Innovation -1
- Information 5
- Rumor -3
