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How to buy Nucor stock in Canada
Learn how to buy Nucor stock in 5 easy steps.
Nucor is a steel business based in the US. Nucor stocks (NUE.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $133.03 – an increase of 3.78% over the previous week. Nucor employs 31,400 staff and has a trailing 12-month revenue of around $39.7 billion.
How to buy Nucor stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – NUE. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Nucor?
- Has coronavirus impacted Nucor shares?
- Nucor shares summary
- Compare share dealing platforms
- Is Nucor stock a buy or sell?
- Nucor performance over time
- Is Nucor suitable for ethical investing?
- Are Nucor shares over-valued?
- Nucor's financials
- How volatile are Nucor shares?
- Does Nucor pay a dividend?
- Have Nucor shares ever split?
- Other common questions
Nucor stock price (NYSE:NUE)Use our graph to track the performance of NUE stocks over time.
Nucor shares at a glance
|Latest market close||$141.29|
|52-week range||$98.94 - $182.06|
|50-day moving average||$144.16|
|200-day moving average||$143.20|
|Wall St. target price||$150.08|
|Dividend yield||$2.02 (1.53%)|
|Earnings per share (TTM)||$27.16|
Buy Nucor Corporation stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Nucor stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Nucor price performance over time
Historical closes compared with the close of $141.29 from 2023-06-02
|1 week (2023-05-26)||3.78%|
|1 month (2023-05-05)||-0.72%|
|3 months (2023-03-03)||-20.79%|
|6 months (2022-12-01)||N/A|
|1 year (2022-06-01)||N/A|
|2 years (2021-06-02)||34.52%|
|3 years (2020-06-05)||210.73%|
|5 years (2018-06-05)||113.17%|
Is Nucor stock undervalued or overvalued?
Valuing Nucor stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nucor's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Nucor's P/E ratio
Nucor's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Nucor shares trade at around 5x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Nucor's PEG ratio
Nucor's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.75. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Nucor's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Nucor's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $10.3 billion.
The EBITDA is a measure of a Nucor's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$39.7 billion|
|Operating margin TTM||22.87%|
|Gross profit TTM||$12.5 billion|
|Return on assets TTM||18.65%|
|Return on equity TTM||39.28%|
|Market capitalisation||$35.5 billion|
TTM: trailing 12 months
Nucor's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Nucor.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Nucor's total ESG risk score
Total ESG risk: 38.15
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Nucor's overall score of 38.15 (as at 12/31/2018) is pretty weak – landing it in it in the 81st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Nucor is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Nucor's environmental score
Environmental score: 16.03/100
Nucor's environmental score of 16.03 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Nucor is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Nucor's social score
Social score: 12.79/100
Nucor's social score of 12.79 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Nucor is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Nucor's governance score
Governance score: 10.82/100
Nucor's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Nucor is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Nucor's controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Nucor scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Nucor hasn't always managed to keep its nose clean.
Nucor share dividends
Dividend payout ratio: 7.92% of net profits
Recently Nucor has paid out, on average, around 7.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nucor shareholders could enjoy a 1.53% return on their shares, in the form of dividend payments. In Nucor's case, that would currently equate to about $2.02 per share.
While Nucor's payout ratio might seem low, this can signify that Nucor is investing more in its future growth.
Nucor's most recent dividend payout was on 10 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 29 March 2023 (the "ex-dividend date").
Have Nucor's shares ever split?
Nucor's shares were split on a 2:1 basis on 31 May 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Nucor shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Nucor shares which in turn could have impacted Nucor's share price.
Nucor share price volatility
Over the last 12 months, Nucor's shares have ranged in value from as little as $98.9403 up to $182.0585. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nucor's is 1.5714. This would suggest that Nucor's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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.
Stocks similar to Nucor
Nucor in the news
ExxonMobil Signs Deal to Capture Carbon From Nucor's Plant
Nucor (NUE) Gains But Lags Market: What You Should Know
Exxon signs decarbonization contract with steel maker Nucor
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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