NUE
Nucor Corporation
September 17, 2026 · after-hours
- Rarity
- 1.79
- Peak move
- −6.79%
- Float cap
- $60.2B
Nucor Corporation manufactures steel and steel products and produces and procures ferrous and non-ferrous materials, primarily using recycled scrap steel. It operates steel mills, steel products, and raw materials segments, supplying sheet, plate, structural, and bar steel, along with joists, deck, and metal buildings. Its customers are mainly in North America, including steel service centers, fabricators, manufacturers, and end markets such as construction, automotive, appliance, energy, and infrastructure.
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What we found
14 events · 0 from SEC or newswire · 2 timed with the move- Key eventTimed with the move
guidance_changeNucor guided Q3 2026 earnings to $5.55-$5.65 per diluted share, up from $5.04 in Q2 2026 and $2.63 in Q3 2025, with steel mills and steel products earnings up and raw materials down.
- Key eventTimed with the move
buybackNucor repurchased approximately 2.03 million shares during Q3 2026 at an average price of $247.04 per share and has returned about $1.36 billion to stockholders via buybacks and dividends year-to-date.
commodity_eventIndia's imported ferrous scrap prices strengthened on September 17, 2026, with HMS 1&2 (80:20) rising above $375/t CFR India and shredded scrap up to about $410-415/t CFR.
- Key event
peer_disclosureSteel Dynamics guided Q3 2026 earnings to $5.34-$5.38 per diluted share, below FactSet consensus, expecting record steel shipments and metal margin expansion on lower scrap costs.
analyst_ratingWells Fargo lowered its price target on Nucor to $280 from $285 while keeping an Overweight rating, citing Q3 guidance that missed expectations on elevated costs.
analyst_ratingBank of America analyst Lawson Winder reiterated a Buy rating on Nucor with a $280 price target, calling the Q3 2026 EPS guidance shortfall a timing issue tied to delayed capture of higher spot steel prices.
dividend_changeNucor's board declared its regular quarterly cash dividend of $0.56 per share, payable November 10, 2026 to stockholders of record on September 30, 2026, marking its 214th consecutive cash dividend.
commodity_eventUS ferrous scrap prices held broadly stable in the September trading round, with Midwest shredded scrap around $420-425/t DAP, busheling up $10/t month-over-month to $465-470/t DAP, and US-origin HMS 80:20 traded at $398-400/t CFR Turkey.
commodity_eventEleven Korean steelmakers' ferrous scrap inventories fell 0.8% week-over-week to 1.063 million tonnes as of September 15, 2026, after electric-arc furnaces cut prices from September 11.
institutional_flowCorient Private Wealth LP cut its Nucor stake by 6.3% in the second quarter, selling 4,595 shares to hold 68,231 shares worth about $15.2 million.
regulatory_approvalExxonMobil began carbon capture and storage operations at Nucor's direct reduced iron facility in Convent, Louisiana, capturing, transporting and storing up to 800,000 metric tons of CO2 per year.
pricing_changeNucor raised its hot-rolled coil spot price by $10 to $1,200 per short tonne, with its California Steel Industries joint venture also rising $10 to $1,260/t and merchant bar increases of $30-50 per short tonne.
commodity_eventUS hot-rolled coil market averages stood at $1,225 per short ton as of September 8, up $20 week over week, with domestic mills citing limited availability.
analyst_ratingJPMorgan analyst Bill Peterson raised his price target on Nucor to $308 from $294, keeping an Overweight rating, citing better pricing and bipartisan support for Section 232 steel tariffs.