Nucor Share News

After a shaky debate performance from President Biden, stocks that could be winners in a Trump presidency are rallying Friday. Green energy stocks are lower.

Shares of Nucor Corp. NUE, -0.21% dropped 2% toward a 7 1/2-month low in premarket trading Friday, and a sixth straight loss, after the steel and steel products maker warned of a second-quarter earnings shortfall, citing weakness at its steel mills business. The company said it expects earnings per share for the current quarter of $2.20 to $2.30, down from $5.81 in the same period a year ago, a...

CHARLOTTE, N.C. , June 14, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its second quarter ending June 29, 2024.

CHARLOTTE, N.C., June 6, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock.

Nucor announced an acquisition of Rytec as it diversifies its business, which should be an incremental positive. Q1 earnings showed strong steel mill profits but some moderation in the value-add segment, but Q2 guidance was softer. Nucor's cash flow and balance sheet remain strong, with potential for further buybacks and future growth.

Nucor is a well-regarded player in the steel industry, combining operating excellence with capital discipline. The business has seen peak earnings come down, but earnings remain impressive nonetheless. Despite near-term headwinds, Nucor continues to invest in the business and recently announced a $565 million cash deal to acquire Rytec Corp. to create a more stable business.

CHARLOTTE, N.C., June 3, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has entered into an agreement to acquire Rytec Corporation, a manufacturer and seller of high-speed, high-performance commercial doors.

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