Nucor (NUE)
Recycles scrap into steel and downstream products for construction, infrastructure, and manufacturing.
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Melts scrap and iron substitutes in electric-arc furnaces to sell sheet, bar, structural, and plate steel, then converts part of that output into construction and infrastructure products. A raw-materials arm brokers and processes scrap and produces direct reduced iron, creating a vertically connected North American supply chain.
Turns scrap and scrap substitutes into sheet, bar, structural, and plate steel through electric-arc-furnace mills. The Steel Mills segment is the largest business, selling chiefly to service centers, fabricators, and manufacturers across the United States, Canada, and Mexico.
The Steel Products segment converts steel into joists and deck, rebar assemblies, tubing and conduit, metal buildings, insulated panels, racking, overhead doors, and utility structures. Highly automated mills and decentralized operating teams connect production with downstream fabrication.
The Raw Materials segment brokers and processes scrap through The David J. Joseph Company and produces direct reduced iron for the mills. Most facilities and customers are in North America. Results remain exposed to steel prices, construction and industrial demand, scrap and energy costs, imports, and trade policy.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 18, 2026 | Wells Fargo | Reiterate | Rating: —Target: $297 | Target: $280 |
| Sep 18, 2026 | Freedom Broker | Downgrade | ||
| Jul 29, 2026 | BMO Capital | Reiterate | Rating: —Target: $235 | Target: $295 |
| Jul 29, 2026 | Wells Fargo | Reiterate | Rating: —Target: $283 | Target: $297 |
| Jul 29, 2026 | Barclays | Reiterate | Rating: —Target: $272 | Target: $295 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.69B · Total debt $7.10B · Total assets $36.95B · Shareholders' equity $22.11B
- Revenue
- $10.40B
- Operating income
- $1.63B
- Net income
- $1.16B
HistoryDividendAnnual yieldUpcoming
| Institutions | 80.44% | 183.19M shares | |
|---|---|---|---|
| 1,611 holders · as of Jun 30, 2026 | |||
| Insiders | 0.61% | 1.38M shares | |
| 23 holders · as of Aug 19, 2026 | |||
| Other | 18.95% | 43.17M shares | |
| remainder | |||
227.74M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
State Farm Mutual Automobile Insurance CoInstitution | 10.63% | 24.21M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 8.78% | 19.99M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.53% | 14.87M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.36% | 12.20M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.08% | 11.56M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 14, 2026 | Leon J. Topalian | officer: Chair and CEO | −26,000 | $268.52 |
| Aug 14, 2026 | Allen C. Behr | officer: Executive Vice President | −7,739 | $274.14 |
| Aug 3, 2026 | Thomas J. Batterbee | officer: Executive Vice President | −4,000 | $261.02 |
| Jul 30, 2026 | Stephen D. Laxton | officer: President and COO | −3,968 | $256.96 |
| Jun 3, 2026 | John J. Hollatz | officer: Executive Vice President | −10,560 | $258.46 |
- Steel Dynamics
Closest EAF peer; overlaps on sheet, long, structural, fab, and scrap recycling.
- Cleveland-Cliffs
Largest US integrated flat-rolled producer; leads auto-grade sheet via BF/BOF.
- Commercial Metals
Primary rebar rival; ~25% of N. American long-steel market via EAF and fab.
- ArcelorMittal (ADR)
World's largest steelmaker; US mills and import volumes pressure domestic HRC.
- Griffon
Clopay, #1 North American garage-door brand, competes directly with CHI Doors.
- ATI
Specialty alloy plate; competes with Nucor plate mills at high-spec grades.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Nucor | $242.30 | −0.04% | $55.20B | 19.3 | 11.4 | 1.5 | +23.0% |
| Steel Dynamics | $230.68 | +0.30% | $32.96B | 20.9 | 10.8 | 1.6 | +33.4% |
| Cleveland-Cliffs | $12.51 | +3.60% | $6.89B | — | 20.3 | 0.4 | +5.9% |
| Commercial Metals | $64.32 | +0.53% | $7.08B | 12.0 | 9.1 | 0.8 | +22.9% |
| ArcelorMittal (ADR) | $72.78 | +0.33% | $55.21B | 30.7 | — | 0.9 | +5.2% |
| Griffon | $97.40 | +2.40% | $4.36B | 21.5 | 16.3 | 2.0 | −21.6% |
| ATI | $186.09 | −1.62% | $25.81B | 55.5 | 32.7 | 5.5 | +10.6% |
| Median | 21.5 | 16.3 | 1.2 | +8.3% |