Nucor Stock Price, News & Analysis

Nucor reported Q1 2025 net earnings of $156 million ($0.67 per share), with adjusted earnings of $179 million ($0.77 per share) excluding one-time charges. Net sales reached $7.83 billion, with total shipments of 6.83 million tons.

Key performance metrics include:

• 11% increase in net sales vs Q4 2024
• 80% steel mill operating rate
• $4.06 billion cash and investments on hand
• 2.3 million shares repurchased at $133.17 average price

The company saw solid demand despite market volatility, with steel mill shipments up 14% from previous quarter. Average sales price decreased 2% compared to Q4 2024. Looking ahead, Nucor expects increased earnings in Q2 2025 across all segments, with the steel mills segment leading growth due to higher sheet and plate mill prices.

The quarterly dividend of $0.55 per share marks Nucor's 208th consecutive payout, demonstrating continued financial strength backed by top credit ratings in North American steel sector.

Nucor (NYSE: NUE) has announced key leadership changes in its Human Resources and Talent division, effective May 11, 2025. Thomas J. Batterbee, a 35-year veteran of the company, has been promoted to Executive Vice President of Human Resources and Talent. Additionally, Elizabeth Bledsoe has been appointed to the newly created position of President of Human Resources and Talent.

Batterbee, who joined Nucor in 1989, has held various leadership positions within the company, most recently serving as President of the Vulcraft/Verco Group. Bledsoe brings external expertise from her previous role as Senior Vice President of HR and Chief People Officer at MSC Industrial Direct Co., Inc., and her extensive experience at Ingersoll-Rand plc.

Nucor, North America's largest recycler, operates facilities across the United States, Canada, and Mexico, manufacturing various steel and steel products including bars, beams, sheet, plate, and other steel-related products.

Nucor (NYSE: NUE) has announced its first quarter 2025 earnings conference call, scheduled for April 29, 2025, at 10:00 a.m. Eastern Time. The live webcast will be hosted by Leon Topalian, Nucor's Chair, President and CEO, featuring Q1 results for the period ended April 5, 2025, followed by a Q&A session.

The event will be accessible through two web portals: https://events.q4inc.com/attendee/311579408 and https://nucor.com/. An archived version will be available at http://www.nucor.com for those unable to attend the live broadcast.

Nucor operates steel manufacturing facilities across the United States, Canada, and Mexico. Their product portfolio includes:

• Carbon and alloy steel in various forms
• Structural components and building materials
• Metal products and systems
• Recycling services

Nucor (NYSE: NUE) announced that Chad Utermark, Executive Vice President of New Markets and Innovation, will retire effective June 7, 2025. Utermark's 33-year career at Nucor began in 1992 as a utility operator, progressing through various leadership positions before his promotion to Executive Vice President in 2014.

During his tenure, Utermark played a important role in implementing Nucor's Expand Beyond vision, leading strategic acquisitions that established several key divisions including Nucor Data Systems, Door Technologies, Insulated Panel Group, Towers & Structures, and Warehouse Systems. The company, recognized as North America's largest recycler, operates facilities across the United States, Canada, and Mexico, manufacturing a diverse range of steel and steel products.

Nucor (NYSE: NUE) has released its Q1 2025 earnings guidance, expecting earnings of $0.45 to $0.55 per diluted share. After adjusting for one-time charges of $0.05 per share related to facility closures, adjusted earnings are projected at $0.50 to $0.60 per share.

This represents a significant decrease from $1.22 per share in Q4 2024 and $3.46 per share in Q1 2024. The company expects steel mills segment earnings to remain stable, while anticipating decreases in both steel products and raw materials segments due to lower selling prices and reduced DRI facility margins.

Quarter-to-date, Nucor has repurchased approximately 2.3 million shares at an average price of $133.17, returning about $428 million to stockholders through share repurchases and dividends. The company plans to release detailed Q1 2025 earnings after market close on April 28, 2025.

Nucor (NYSE: NUE) announced leadership changes as Executive Vice President Gregory J. Murphy plans to retire on June 7, 2025, after serving the company since 2015. Murphy will transition from his current role as Executive VP of Business Services and General Counsel on March 9, 2025.

Two key promotions were announced: Benjamin M. Pickett will become Executive Vice President of Business Services, and Douglas R. Wilner will assume the role of President of Corporate Legal Affairs and General Counsel. Murphy will serve as an advisor to CEO Leon Topalian during the transition period.

Both Pickett and Wilner bring significant legal experience to their new roles. Pickett joined Nucor in 2018 and was previously a Partner at Moore & Van Allen, while Wilner joined in 2016 after serving as Assistant General Counsel at Monsanto Company.

Nucor (NYSE: NUE) has declared its 208th consecutive quarterly cash dividend of $0.55 per share on its common stock. The dividend will be payable on May 12, 2025, to stockholders of record on March 31, 2025.

Nucor operates manufacturing facilities across the United States, Canada, and Mexico, producing various steel and steel products including carbon and alloy steel, hollow structural sections, electrical conduit, steel racking, and numerous other steel-based products. Through The David J. Joseph Company, Nucor also engages in metal brokerage and scrap processing, maintaining its position as North America's largest recycler.

Nucor (NYSE: NUE) reported fourth quarter 2024 earnings of $287 million ($1.22 per diluted share), compared to $785 million ($3.16 per share) in Q4 2023. Full-year 2024 earnings were $2.03 billion ($8.46 per share), down from $4.53 billion ($18.00 per share) in 2023.

Q4 2024 net sales decreased 5% to $7.08 billion from Q3 2024, and fell 8% year-over-year. The company shipped approximately 6,058,000 tons to outside customers in Q4 2024, a 2% decrease from Q3 2024. Operating rates at steel mills were 74% in Q4 2024.

The company maintained strong financial position with $4.14 billion in cash and cash equivalents. During Q4 2024, Nucor repurchased 2.1 million shares at an average price of $149.81 per share and declared a quarterly dividend of $0.55 per share, marking its 207th consecutive quarterly dividend.