Nucor Corporation's stock price is currently at $221.33, marking a significant increase of $6.33 (2.94%) from the previous close of $215. The trading volume is notably higher today, reaching $923,047, which is 57.14% above the average volume.
Nucor's latest quarterly earnings report for Sunday, April 26th, exceeded expectations with a consensus estimate EPS of 2.78.
The company's forward dividend yield stands at 1%, with a dividend per share of 56 cents on a trailing twelve-month basis.
Nucor's operating cash flow is strong at $799 million. The net change in cash for the period is $39 million, with a closing cash balance of $2.26 billion.
The company reported a revenue of $7.69 billion, resulting in a gross profit of $862 million. Net income stands at $378 million, translating to an EPS of $1.64.
Key ratios show Nucor's healthy financial position, with notable metrics including a gross profit margin of 11.21%, return on equity of 1.81, and a price-to-earnings ratio of 24.74.
Nucor's balance sheet reflects a strong financial standing, with total assets amounting to $35.10 billion and total liabilities at $12.98 billion, resulting in a net debt of $4.86 billion.
This real-time financial report highlights Nucor Corporation's robust performance and sound financial fundamentals, positioning it well in the market.
Nucor Corporation manufactures and sells 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 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, as well as engages in the natural gas drilling operations. 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. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.