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Nucor Corporation

NUE · NYSE

Market closed$236.61$0.940000 (+0.40%)After hours $237.78 · +0.49%

Key statistics

Previous close$235.67
Open$232.08
Day high$237.52
Day low$231.13
52-week high$270.90
52-week low$131.32
Market cap53.89B
Volume1.49M
Average volume1.61M
P/E ratio23.22
Forward P/E—
EPS10.19
Dividend yield+0.94%

Market context

Why it moved

NUE edged higher as new US tariffs on Brazilian steel imports are expected to reduce foreign competition and provide a tailwind for domestic steel producers like Nucor.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Nucor edged higher, outperforming a broader market weighed down by tech and semiconductor selloffs, as investors focused on the steel giant's strong fundamental story ahead of its Q2 2026 earnings call on July 28. The company recently reported record Q1 shipments of 7 million tons, raised its quarterly dividend to $0.56/share, and guided for earnings and cash flow to trend 'significantly higher' than 2025 — momentum reinforced by Barclays raising its price target to $272 (Overweight) and multiple analysts maintaining Buy ratings with an average consensus target near $267.

0.3989

July 17, 2026Nucor closed modestly lower, edging down as tech-led market weakness and rotation weighed on industrial materials. Investor attention is building ahead of the company's Q2 2026 earnings call on July 28, where CEO Leon Topalian is expected to detail results following a record Q1 that saw 7 million tons shipped and EPS of $3.23—beating guidance by ~$0.50. Barclays maintained its Overweight rating and raised its price target to $272, while multiple DCF analyses suggest the stock trades at a significant discount to intrinsic value estimates ranging from $286 to $414 per share.

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July 16, 2026Nucor edged higher, outpacing its Basic Materials peers, as a pair of analyst updates reinforced the bullish case ahead of the company's Q2 2026 earnings call scheduled for July 28. Barclays nudged its price target to $272 (from $270) while maintaining an Overweight rating, and J.P. Morgan reiterated its Buy with a $282 target — both well above current levels. Multiple valuation analyses flagged NUE as meaningfully undervalued, with DCF models pointing to intrinsic values ranging from $286 to $414 per share. The broader backdrop was constructive, with the S&P 500 near 52-week highs on a cooler-than-expected June CPI print. In after-hours trading, shares slipped modestly to ~$233.51.

1.1573

July 15, 2026Nucor edged higher, modestly outperforming the broader materials sector (XLB closed lower), as investors focused on the upcoming Q2 2026 earnings call announced for July 28 with CEO Leon Topalian. Analyst sentiment remains broadly constructive — J.P. Morgan reiterated a Buy with a $282 target, BofA maintains Buy at $280, and KeyBanc holds Overweight at $274 — while a fresh valuation analysis suggests the stock may be ~44% undervalued relative to intrinsic value estimates. Tariff-supported domestic steel pricing and record Q1 shipments continue to underpin the bull case, with a softer-than-expected June CPI print providing a tailwind for cyclical industrials.

0.4979

July 14, 2026Nucor shares rose roughly 2.5%, outperforming the broader materials sector (XLB closed modestly lower) as Wall Street analysts reiterated confidence in the steelmaker. J.P. Morgan maintained its Buy rating with a $282 price target, while BofA Securities also held Buy at $280, reflecting conviction in Nucor's diversified US industrial demand base and its dominant position supplying over 95% of steel used in data centers. The broader steel sector drew attention as tariff dynamics remain in focus, with EU import safeguards reshaping global steel trade and ongoing US Section 301 tariff discussions potentially benefiting domestic producers like Nucor.

2.4761

July 11, 2026Nucor gained about 2.3% on July 10, outperforming the broader basic materials sector (XLB was roughly flat) as investors responded to a fresh buy rating and constructive analyst sentiment ahead of its Q2 2026 earnings report due July 27. The rally comes on the heels of strong Q2 guidance issued in June — with GAAP EPS projected at $4.70–$4.80, nearly double the year-ago period — supported by tariff-driven pricing power near $1,200/ton and volume growth across all three operating segments.

2.2899

July 10, 2026Nucor closed lower amid a broad market selloff driven by renewed U.S.-Iran military escalation, which sent oil prices surging and reignited inflation fears, pressuring materials stocks broadly. Despite the macro headwinds, Nucor's fundamental backdrop remains constructive: Q2 2026 EPS guidance of $4.70–$4.80 implies nearly double the year-ago profit, Q1 revenue surged 21% YoY to $9.5B, and Bank of America maintained its Buy rating (with price target lowered to $280), while investor positioning in the materials sector fell to the 1st percentile, suggesting sentiment-driven selling ahead of its July 27 earnings report.

-1.9411

July 9, 2026Nucor closed modestly lower amid a broad market risk-off session triggered by President Trump declaring the U.S.-Iran ceasefire 'over,' sending oil prices surging over 5% and pressuring equities broadly. Despite the macro headwinds, the steel giant's fundamental outlook remains constructive: BNP Paribas raised its price target to $274 and BofA maintained a Buy rating (adjusting target to $280), while the company's Q2 EPS guidance of $4.70–$4.80 — nearly double year-ago levels — keeps Nucor atop the materials sector earnings-revisions leaderboard ahead of its July 27 report.

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Simply Wall Street · July 18, 2026Record Shipments And Dividend Hike Might Change The Case For Investing In Nucor (NUE)Simply Wall Street · July 17, 2026Nucor (NUE) Reports Record Shipments And Lifts Dividend, Is The Stock Still Cheap?TIKR.com · July 16, 2026NUE Stock Dividend Yield: Why Nucor Offers Unique Cyclical ProtectionMoomoo · July 16, 2026Nucor Price Target Raised to $272.00/Share From $270.00 by BarclaysTradingView · July 14, 2026Nucor Invites You to Join Its Second Quarter of 2026 Conference Call on the WebGMK Center · July 14, 2026Nucor has resumed raising prices for hot-rolled coilsStock Titan · July 14, 2026Nucor CEO to Review Steel Results in July 28 Online CallPR Newswire · April 27, 2026Nucor Reports Results for the First Quarter of 2026
Benzinga · July 16, 2026Barclays Maintains Overweight on Nucor, Raises Price Target to $272
Mt Newswire · July 15, 2026Barclays Adjusts Price Target on Nucor to $272 From $270, Maintains Overweight Rating
Benzinga · July 9, 2026B of A Securities Maintains Buy on Nucor, Lowers Price Target to $280
Mt Newswire · July 8, 2026BofA Securities Adjusts Price Target on Nucor to $280 From $290, Maintains Buy Rating
Mt Newswire · July 8, 2026BNP Paribas Adjusts Price Target on Nucor to $274 From $248
Mt Newswire · July 6, 2026Goldman Sachs Adjusts Price Target on Nucor to $275 From $284
Benzinga · July 3, 2026$1000 Invested In Nucor 10 Years Ago Would Be Worth This Much Today
Benzinga · June 24, 2026Keybanc Upgrades Nucor to Overweight, Announces $274 Price Target

Peers

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