Analyst Activity – BMO Capital Markets Reiterates Hold on Nucor (NYSE:NUE)

10

Analyst Ratings For Nucor (NYSE:NUE)

Today, BMO Capital Markets reiterated its Hold rating on Nucor (NYSE:NUE).

There are 1 sell rating, 5 hold ratings, 9 buy ratings on the stock.

The current consensus rating on Nucor (NYSE:NUE) is Buy (Score: 2.53) with a consensus target price of $67.50 per share, a potential 11.85% upside.

Some recent analyst ratings include

  • 4/21/2017-BMO Capital Markets Reiterated Rating of Hold.
  • 4/20/2017-Barclays PLC Reiterated Rating of Buy.
  • 4/19/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 2/13/2017-Morgan Stanley Upgrade from a “Equal Weight ” rating to a ” Overweight” rating.
  • 2/5/2017-Berenberg Bank Reiterated Rating of Buy.

Dividend information for Nucor (NYSE:NUE)

Nucor (NYSE:NUE) pays an annual dividend of $1.51 with a yield of 2.50% and an average dividend growth of -8.50% based on a 3 Year Average..

Dividend History for Nucor (NYSE:NUE)

  • On 2/21/2017 Nucor announced a quarterly dividend of $0.38 2.39% with an ex dividend date of 3/29/2017 which will be payable on 5/11/2017.
  • On 11/30/2016 Nucor announced a quarterly dividend of $0.38 2.44% with an ex dividend date of 12/28/2016 which will be payable on 2/10/2017.
  • On 9/15/2016 Nucor announced a quarterly dividend of $0.38 3.28% with an ex dividend date of 9/28/2016 which will be payable on 11/10/2016.
  • On 6/6/2016 Nucor announced a quarterly dividend of $0.38 2.98% with an ex dividend date of 6/28/2016 which will be payable on 8/11/2016.
  • On 2/23/2016 Nucor announced a quarterly dividend of $0.38 3.84% with an ex dividend date of 3/29/2016 which will be payable on 5/11/2016.
  • On 12/2/2015 Nucor announced a quarterly dividend of $0.38 3.64% with an ex dividend date of 12/29/2015 which will be payable on 2/11/2016.
  • On 9/2/2015 Nucor announced a quarterly dividend of $0.37 3.47% with an ex dividend date of 9/28/2015 which will be payable on 11/10/2015.

Recent Insider Trading Activity For Nucor (NYSE:NUE)
Nucor (NYSE:NUE) has insider ownership of 0.63% and institutional ownership of 76.41%.

  • On 3/15/2017 James D Frias, CFO, sold 52,631 with an average share price of $62.57 per share and the total transaction amounting to $3,293,121.67. View SEC Filing
  • On 2/22/2017 Raymond S Napolitan Jr, Insider, sold 12,400 with an average share price of $63.74 per share and the total transaction amounting to $790,376.00. View SEC Filing
  • On 7/28/2016 James D Frias, CFO, sold 9,000 with an average share price of $53.14 per share and the total transaction amounting to $478,260.00. View SEC Filing
  • On 7/27/2016 John J Ferriola, Chairman, sold 12,128 with an average share price of $54.12 per share and the total transaction amounting to $656,367.36. View SEC Filing
  • On 7/25/2016 James R Darsey, Insider, sold 71,465 with an average share price of $52.45 per share and the total transaction amounting to $3,748,339.25. View SEC Filing
  • On 4/29/2016 Robert J Stratman, EVP, sold 52,631 with an average share price of $49.90 per share and the total transaction amounting to $2,626,286.90. View SEC Filing
  • On 4/28/2016 D. Chad Utermark, EVP, sold 2,050 with an average share price of $50.65 per share and the total transaction amounting to $103,832.50. View SEC Filing

About Nucor (NYSE:NUE)
Nucor Corporation (Nucor) manufactures steel and steel products. The Company produces direct reduced iron (DRI) for use in its steel mills. It operates in three segments: steel mills, steel products and raw materials. The steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality). The steel products segment produces steel joists and joist girders, steel deck, fabricated concrete reinforcing steel and cold finished steel. The raw materials produces DRI; brokers ferrous and nonferrous metals, pig iron, HBI and DRI; supplies ferro-alloys, and processes ferrous and nonferrous scrap metal. It also processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI) and DRI.

Recent Trading Activity for Nucor (NYSE:NUE)
Shares of Nucor closed the previous trading session at 60.35 up +2.73 4.74% with 5,916,216 shares trading hands.

An ad to help with our costs