Nucor stock pre-market at EUR 214.50: plus 0.42 percent
Nucor stock is trading pre-market at EUR 214.50, up 0.42 percent compared to its prior close. The company expects third-quarter earnings to be between $5.55 and $5.65 per diluted share and has declared a quarterly cash dividend of $0.56 per share. Nucor will release its third-quarter results on October 26, 2026.
Nucor stock gained 1.87 percent on October 2 as Q3 guidance set the next test
Nucor stock rose by 1.87% on October 2, reaching USD 240.39, despite being 14.18% below its 52-week high. The company's Q3 EPS guidance of USD 5.55-5.65, which is higher than Q2, has set expectations for the upcoming earnings report. Analysts have a "Moderate Buy" consensus with an average price target of USD 276.07, indicating potential upside as the market awaits further operational clarity.
Nucor stock gains 1.87 percent while Q3 guidance trails consensus
Nucor Corporation's stock rose 1.87% on October 2, 2026, closing at USD 240.39, but its Q3 diluted EPS guidance of USD 5.55-5.65 trails the consensus estimate of USD 6.20. Despite this, the company reported strong Q2 revenue of USD 10.40 billion, up 23% year-over-year, and expects improved earnings from steel mills and products, though raw materials earnings may face challenges. Nucor has also been actively returning capital to shareholders, repurchasing 2.03 million shares in Q3 and returning USD 1.36 billion year-to-date through buybacks and dividends.
ExxonMobil wins Texas permit for Rose CCS project and launches CO2 capture at Nucor's Louisiana steel plant
ExxonMobil achieved two significant milestones in its Gulf Coast carbon storage strategy, securing a Texas Class VI CCS permit for its Rose project in Jefferson County and commencing CO2 capture operations at Nucor's direct reduced iron plant in Convent, Louisiana. The Rose project, approved after a 2-1 vote by the Railroad Commission of Texas, will store approximately 53 million metric tons of CO2 over 13 years, serving multiple industrial emitters. Concurrently, the Nucor plant will capture up to 800,000 metric tons of CO2 annually, marking ExxonMobil's third operational CCS project for a third-party customer and underscoring its expanding role in large-scale decarbonization efforts.
Nucor stock after-hours at EUR 213.35: plus 1.64 percent after the Xetra close
Nucor stock closed at EUR 213.35 after hours on October 2, 2026, marking a 1.64 percent increase from its prior close. The company expects third-quarter earnings to be between USD 5.55 and USD 5.65 per diluted share and will release results on October 26, 2026. Nucor also declared a quarterly cash dividend of USD 0.56 per share, payable on November 10, 2026.
Nucor guides below consensus: JPMorgan targets Nucor stock at USD 308.00
Nucor (ISIN US6703461052) issued a third-quarter 2026 diluted earnings guidance of USD 5.55-5.65 per share, falling short of the USD 6.17 consensus. Despite the lower guidance, the company expects improvements in its steel mills and products segments, though raw material earnings are projected to decrease. JPMorgan subsequently raised its target price for Nucor stock to USD 308.00, while Wells Fargo slightly lowered its target to USD 280.00.
BNP Paribas Adjusts Nucor Price Target to $310 From $300, Maintains Outperform Rating
BNP Paribas has raised its price target for Nucor (NUE) to $310 from $300, while reiterating an Outperform rating on the stock. This adjustment reflects the firm's continued positive outlook on the steel production group. The article also briefly lists recent news headlines related to Nucor, including dividend declarations and other analyst rating changes.
Nucor-Yamato, Gerdau Increase Structural Steel Prices by $50/ton - News and Statistics
Nucor-Yamato Steel and Gerdau Long Steel North America have both announced a $50 per short tonne price increase on various beams, piles, and other structural steel products, effective for orders placed on or after October 1st. This move follows Nucor's recent weekly increases in hot-rolled coil prices. Both companies stated they would continue to monitor market conditions to maintain competitiveness.
Nucor stock after-hours at EUR 209.90: plus 1.75 percent versus prior close
Nucor stock closed after-hours trading at EUR 209.90, marking a 1.75% increase from its previous close. This rise occurred on October 1, 2026, with the stock up EUR 3.60. The company also provided third-quarter earnings guidance, expecting $5.55 to $5.65 per diluted share, and announced a quarterly cash dividend of $0.56 per share.
Nucor (NYSE:NUE) Flags Firmer Steel Prices
Nucor (NYSE:NUE) has issued quarterly guidance indicating stronger earnings, though these gains are tempered by rising product and input costs. The company, a major player in the metals and mining sector, is navigating firmer steel prices while managing the expense of raw materials like scrap, energy, and alloying elements. This update places Nucor in the spotlight as the market assesses its ability to balance robust demand from construction and infrastructure with fluctuating operational costs.
Porto Sudeste offers opportunity to boost mining competitiveness, Gerdau CEO says
Gerdau CEO Gustavo Werneck stated that the company sees Porto Sudeste as a key opportunity to enhance its competitiveness in iron ore mining and is pursuing a joint bid with partners like Vale for the asset. He also stressed the importance for the next federal administration to maintain existing trade defense measures for the steel industry and preserve reforms such as tax reform. Werneck emphasized that while logistics are highly relevant for the company's iron ore expansion plans, a final decision on Porto Sudeste is still some time away, with an expansion decision expected within 12 months.
Friedman Industries, Incorporated (FRD) Stock Price, News, Quote & History
This article provides a comprehensive overview of Friedman Industries, Incorporated (FRD) stock, including its current price, historical performance, and key financial metrics. It details the company's operations in flat-roll and tubular steel products, serving various manufacturing sectors, and highlights recent dividend announcements and performance against benchmarks like the S&P 500.
Largo Inc. raises $5.7M via direct offering of shares and warrants at $0.56 each.
Largo Inc. successfully raised approximately $5.7 million through a registered direct offering, selling 10.2 million common shares and warrants at $0.56 each. The warrants are immediately exercisable at $0.70 per share and expire in five years, with proceeds allocated for working capital, including paying trade creditors. Insiders, including the CEO, participated in the offering without affecting company control.
Nucor falls as investors continue to digest softer-than-expected third-quarter guidance
Nucor (NUE) stock is down 3.4% today due to investors digesting its softer-than-expected third-quarter guidance, which forecast mixed operating results and earnings below market expectations. The decline was potentially amplified by a weaker overall equities market and rising Treasury yields. The article also highlights significant insider selling activity and mixed institutional investor movements, alongside recent analyst ratings and price targets for NUE.
Nucor (NYSE:NUE) Lifts Hot-Rolled Coil Price Again as Steel Stays Tight
Nucor has once again raised its weekly hot-rolled coil consumer spot price, continuing a trend of increases throughout September. This steady upward movement in steel prices is attributed to limited spot availability, tariffs restricting imports, and lean customer inventories, creating a tight domestic market. Nucor's pricing decisions are significant as the largest domestic steel producer, often setting the benchmark for the industry.
Why is Rentokil Initial stock sliding today?
Rentokil Initial ADR stock fell 3.1% to a 52-week low after Morgan Stanley downgraded its shares from "Overweight" to "Equal Weight" and cut its price target. The downgrade was attributed to intensifying competitive pressure in the U.S. pest control market from private equity-backed operators and compressed peer valuation multiples. Morgan Stanley also anticipates a weak third-quarter report and a lengthy turnaround for Rentokil under its new CEO, while maintaining an "Overweight" rating on rival Rollins.
A $15 Billion Iowa Steel Mill Is Coming. What It Means for Nucor and Cleveland-Cliffs
A new $15 billion foreign-owned steel mill in Iowa, set to begin production in 2030, will significantly impact Nucor and Cleveland-Cliffs. This mill, utilizing electric arc furnaces similar to Nucor, is expected to pressure steel prices. While Nucor appears well-positioned due to its existing model and profitability, Cleveland-Cliffs faces challenges with its higher-cost integrated operations and substantial debt.
Trump Unveils $15 Billion Iowa Steel Plant, the First Major in 50 Years — Credits 50% Tariffs for 'Roaring' Steel Industry Revival
President Donald Trump announced plans for a new $15 billion steel plant in Iowa, which he claims will be the largest in the U.S. This project, undertaken by Mesabi Metallics, is expected to create thousands of jobs and generate significant economic activity. Trump credited his administration's 50% tariffs on steel imports for the revival of the American steel industry.
Nucor (NUE) Moves To Join FERC Fight Over MISO Power Rules
Nucor (NUE) and Steel Dynamics have jointly filed a motion to intervene with the Federal Energy Regulatory Commission (FERC) regarding electricity market rules within the MISO region. This move signifies the steel producers' intent to have a formal say in power market design, which directly impacts their energy-intensive operations and manufacturing costs. The intervention aligns with Nucor's strategy to influence key inputs and manage power pricing and reliability for its new mills and downstream assets.
Transcript: Nucor Q2 2026 Earnings Conference Call
Nucor reported strong Q2 2026 results with $2 billion in EBITDA and $4.84 adjusted earnings per share, returning $479 million to shareholders. The company achieved record steel mill shipments of 7.1 million tons and significant growth in steel products, driven by robust demand in key markets and strategic investments. Nucor anticipates continued strong demand and shipment growth for the remainder of 2026, focusing future investments on megatrends like energy infrastructure and reshoring, while maintaining capital discipline.
BMO Capital Adjusts Price Target on Steel Dynamics to $290 From $296, Maintains Outperform Rating
BMO Capital has revised its price target for Steel Dynamics (STLD) shares, lowering it to $290 from the previous $296. Despite this adjustment, the firm has chosen to maintain its "Outperform" rating on the stock. The article also lists recent analyst adjustments and news regarding Steel Dynamics, including earnings guidance and dividend announcements.
Nucor increases hot-rolled coil spot prices by $10 per short ton
Nucor Corporation, the largest steel producer in the US, has increased its hot-rolled coil (HRC) spot price by US$10 per short ton to US$1,220 per short ton. This marks the eighth consecutive week of price increases for Nucor and its joint venture California Steel Industries, driven by tight market supply. The total monthly increase for Nucor's HRC prices now stands at US$30 per short ton since early September, reflecting a sustained upward trend in domestic steel prices.
Nucor stock falls 1.11 percent as Q3 guidance trails estimates
Nucor Corporation's stock fell 1.11% after its Q3 EPS guidance of $5.55 to $5.65 trailed the consensus estimate of $6.17. Despite the lower outlook compared to analyst expectations and previous quarter results, the company repurchased shares and returned $1.36 billion to stockholders in 2026. Analysts maintain elevated price targets for Nucor, with JPMorgan raising its target to $308, indicating potential upside.
Cleveland-Cliffs Sinks 9% as Selloff Outruns Steel Group; Nucor and Steel Dynamics Pull Back
Cleveland-Cliffs (CLF) shares plunged 9%, significantly more than its rivals Nucor (NUE) and Steel Dynamics (STLD), due to tariff uncertainty surrounding its Canadian Stelco unit. The company's unique two-sided tariff exposure, impacting both its U.S. and Canadian operations depending on policy changes, and its heavier debt load are identified as key factors for the outsized selloff. While some argue the drop overstates the risk, investors are advised to keep positions modest due to ongoing policy uncertainty.
Cleveland-Cliffs Sinks 9% as Selloff Outruns Steel Group; Nucor and Steel Dynamics Pull Back
Cleveland-Cliffs (CLF) shares plunged 9%, significantly more than its rivals Nucor (NUE) and Steel Dynamics (STLD), due to uncertainty surrounding U.S.-Canada steel tariffs. The company's ownership of Canadian producer Stelco exposes it to a two-sided risk from any tariff changes, a vulnerability not shared by its domestic competitors. This unique exposure and a heavier debt load are pressuring CLF stock, while bulls argue the selloff overstates the actual risk.
What Comes Next For Nucor (NYSE:NUE) After Its Guidance Update?
Nucor (NYSE:NUE) recently provided a quarterly guidance update indicating a significant year-over-year increase in earnings, driven by firm steel prices and record mill shipments. However, the projected earnings fell short of consensus estimates due to rising product costs, leading to a decline in after-hours trading. The company's mini-mill model and diverse product offerings position it to adapt to changing demand, despite ongoing challenges from cost inflation.
Nucor invests $59 million to expand Vulcraft Indiana plant
Nucor is investing $59 million to expand its Vulcraft manufacturing facility in Indiana, a move expected to create 20 new full-time jobs. This expansion is the fourth major investment by Nucor in Indiana since 2021, bringing the total investment to over $433 million and adding approximately 300 jobs in the state. The Vulcraft facility specializes in producing open-web steel joists, joist girders, and steel decking, essential for non-residential construction.
Nucor Corp stock enters Q3 results countdown ahead of October 26
Nucor Corp is preparing to release its Q3 2026 results on October 26, 2026, with an immediate earnings signal of diluted EPS guidance between USD 5.55 and USD 5.65, which is above previous quarters. Despite the positive guidance, raw materials earnings are expected to decline, and an analyst downgraded the stock from Buy to Hold, setting a target of USD 285. The stock's market capitalization stands at USD 56.3 billion, with its last trading price at USD 247.25, below its 52-week high.
Nucor's Shares Rally 50% in 6 Months: What's Driving the Momentum?
Nucor's shares have rallied 50.1% in the past six months, outperforming the Zacks Steel Producers industry. This momentum is driven by strong earnings, robust demand in key markets like non-residential construction and infrastructure, strategic expansions, and higher U.S. steel prices. The company also projects a sequential increase in third-quarter earnings, further contributing to investor optimism.
Cleveland-Cliffs (NYSE:CLF) In Focus As Steel Pricing Takes Center Stage
Cleveland-Cliffs (NYSE:CLF) is garnering market attention due to its position as a major North American flat-rolled steel producer and the significant impact of steel pricing on its financial performance. The company benefits from tariff measures on imported steel, which support domestic prices, and steady demand from the automotive industry, its primary end market. Its vertical integration, controlling the entire raw-material chain from iron ore mining to steelmaking, distinguishes it from many peers and provides resilience against input cost fluctuations.
Steel Dynamics, Inc. (STLD) Latest Stock News & Headlines - Yahoo Finance
This Yahoo Finance page provides the latest stock news and headlines for Steel Dynamics, Inc. (STLD), including recent dividend announcements, analyst opinions, and stock performance data. It highlights articles from various financial news sources discussing STLD's Q3 earnings guidance, stock valuation, and market performance. The page also presents current stock prices and historical returns for STLD compared to the S&P 500.
Freedom Broker opened an investment idea on Nucor with nearly 9% upside potential
Freedom Broker analysts recommend buying Nucor Corporation (NUE) shares, setting a target price of $270, which indicates an 8.9% upside. They believe the market overreacted to Nucor's Q3 2026 outlook, as the company often surpasses its own guidance and benefits from strong hot-rolled coil prices and share buybacks. Despite some risks like the scrap-processing economy and potential HRC price slowdown, Freedom Broker expects Nucor's Q3 earnings to reach $6.45 per share, exceeding company guidance.
Could Grid Dynamics Holdings, Inc. (GDYN) Be the Next Big Technical Analysis Story?
Grid Dynamics Holdings, Inc. (GDYN) is drawing market attention after a narrow price range ahead of a physical AI summit, prompting technical analysis discussions. The company's focus is now on execution, customer response, and sector conditions to translate this development into sustained operational success. Investors will be watching for consistent delivery and transparent reporting in subsequent disclosures to validate the company's direction.
Is U.S. Global Investors, Inc. (GROW) Rewriting the Dividend Stocks Playbook?
U.S. Global Investors, Inc. (GROW) is under market scrutiny after approving continued monthly dividends and reporting stronger travel spending, positioning it prominently in the dividend stocks conversation. The article emphasizes that market attention will be tied to the quality of GROW's execution rather than just the announcement, urging investors to monitor consistent delivery in subsequent disclosures. It also highlights the importance of considering sector-wide conditions and company-specific risks when evaluating GROW's performance.
Nucor stock reports higher third-quarter earnings guidance
Nucor Corporation announced higher third-quarter earnings guidance for 2026, projecting USD 5.55 to USD 5.65 per diluted share, significantly up from USD 2.63 in the same period last year. This positive outlook is driven by increased average selling prices and stable volumes in Steel Mills, and higher volumes and pricing in Steel Products. Despite an expected decrease in Raw Materials earnings, the company's Q2 adjusted EPS of USD 4.84 already beat consensus estimates.
Nucor Corp stock heads into the open after a 0.40 percent gain
Nucor Corp stock closed with a 0.40 percent gain at USD 247.96 on September 24, 2026, outperforming the Nasdaq Composite. The stock traded between USD 245.50 and USD 249.20 with a volume of 1,234,567 shares. The broader market was mixed, with the Dow Jones Industrial Average and S&P 500 falling, while the Nasdaq Composite saw a slight gain.
Metalurgica Gerdau stock reports BRL 17.87 billion in Q2 revenue
Metalurgica Gerdau (GOAU3) reported Q2 2026 net income of BRL 1.4643 billion and revenue of BRL 17.8706 billion, a 6.91% increase from Q1. The company's operating profit and free cash flow also saw significant increases, contributing to a positive market outlook. Despite a modest daily gain, the stock remained close to its 52-week high, with a market capitalization of BRL 10.13 billion.
Nucor stock gains 1 percent as Q3 guidance trails estimates
Nucor Corporation's stock gained 1% despite its Q3 earnings guidance of USD 5.55 to USD 5.65 per diluted share falling below the analyst consensus of USD 6.17. The company's Q2 sales rose 23% year-over-year, setting a high bar for comparison, with Q3 guidance trailing consensus by 9.2%. Investors are now focused on whether higher steel prices can offset the absence of one-time benefits that boosted Q2 results.
Greenpro Capital Corp. (NASDAQ: GRNQ) to Utilize HK$3.5M from Subsidiary Sale for Corporate Growth
Greenpro Capital Corp. (NASDAQ: GRNQ) has agreed to sell six subsidiaries for HK$3.5 million (approximately US$446,486) to Chen Yanhong. The transaction is expected to close by the end of September 2026. The funds generated from this sale will be used for general corporate purposes, including working capital, internal operational improvements, and business development initiatives.
Nucor Corporation (NUE) Options Chain - Yahoo Finance
This Yahoo Finance page displays the options chain for Nucor Corporation (NUE). It provides detailed options data including strike prices, last trade dates, last prices, bid/ask, change, volume, open interest, and implied volatility for both call and put options. The page also shows Nucor's current stock price and recent dividend announcement.
Nucor Corp. stock underperforms Tuesday when compared to competitors despite daily gains
Shares of Nucor Corp. (NUE) rose 1.34% on Tuesday, closing at $245.66, breaking a two-day losing streak. This occurred despite a mixed trading session for the broader market, with the S&P 500 Index remaining mostly unchanged and the Dow Jones Industrial Average falling. Despite its daily gain, the stock underperformed compared to some of its competitors.
Nucor Corp stock gains 0.74 percent ahead of the open
Nucor Corp stock rose 0.74 percent to USD 244.20 in pre-market trading, outperforming the Nasdaq Composite's 0.45 percent gain. The steelmaker has seen a significant 50.59 percent year-to-date increase. Nucor is expected to report its Q3 earnings on October 26, 2026, with guided earnings per share of USD 5.55 to USD 5.65, below analyst consensus.
Nucor (NUE): Strong Shipments, but Q3 Guidance Raises Earnings Questions
Nucor Corporation (NYSE:NUE) received a downgrade from Freedom Broker due to Q3 2026 earnings guidance that fell below analyst expectations, despite strong steel mill shipments. While the lower forecast has put short-term pressure on the stock, analyst sentiment remains largely positive, and the company continues to return capital to shareholders and invest in expansion. The main question for investors is whether shipment strength can overcome higher costs to deliver stronger earnings.
Cleveland-Cliffs Jumps 5% as Month-Long Rebound Extends; Nucor and Steel Dynamics Tick Up
Cleveland-Cliffs (NYSE:CLF) surged 5% on Tuesday, extending a month-long rebound, even though it remains down 5% year-to-date. This performance contrasts sharply with Nucor and Steel Dynamics, which are up 51% and 38% respectively for the year. The article suggests that Cleveland-Cliffs' lagging performance makes it an attractive option for valuation-driven investors looking for a cheaper entry into the steel market.
Cleveland-Cliffs Jumps 5% as Month-Long Rebound Extends; Nucor and Steel Dynamics Tick Up
Cleveland-Cliffs (CLF) stock jumped 5% on Tuesday, extending a month-long rebound, even though it remains down 5% year-to-date. This surge is notable as there's no specific company news or steel-sector headline driving the action. The article suggests this movement is driven by "rebound buying" and valuation-hunting, given that CLF is a significant laggard compared to peers like Nucor (NUE) and Steel Dynamics (STLD), which have seen much larger year-to-date gains.
Enterprise Products Partners (NYSE:EPD) Earns Outperform Rating from Royal Bank Of Canada
Royal Bank of Canada has reiterated its "outperform" rating for Enterprise Products Partners (NYSE:EPD), setting a $42 price target which suggests a 9.85% upside from its previous close. This comes after EPD reported strong quarterly earnings, beating analyst estimates with $0.84 per share and revenue of $18.27 billion. Despite mixed analyst sentiment with an overall "hold" consensus, institutional investors have recently increased their stakes in the company.
Nucor Corp stock falls 6.3 percent as Q3 outlook turns cautious
Nucor Corp's stock fell 6.3% after the company issued cautious third-quarter guidance, despite expecting improved sequential results for Steel Mills and Steel Products. The outlook is mixed due to higher product costs and the absence of a $130 million cash refund from raw-material procurement, which overshadowed improved steel pricing. Investors are now awaiting the Q3 report on October 26, 2026, to assess the impact of these factors.
Enterprise Products Partners (NYSE:EPD) Coverage Initiated by Analysts at Melius Research
Melius Research has initiated coverage on Enterprise Products Partners (NYSE:EPD) with a "hold" rating and a $42.00 price target. This target suggests an 8.53% upside from the stock's previous close. The company reported strong quarterly earnings, beating estimates with an EPS of $0.84 and revenue of $18.27 billion, a 60.8% increase year-over-year.
Nucor (NUE)’s Stronger Steel Prices Fail to Offset Rising Costs in Q3 Outlook
Nucor (NUE) issued third-quarter earnings guidance below Wall Street expectations, causing its shares to decline. While higher average selling prices are expected, increased product costs, lower raw material pricing, and higher corporate expenses are anticipated to offset these gains. Despite a strengthening steel cycle, the company faces risks from fluctuating input costs, global steel overcapacity, and rising short interest.
Nucor Projects Higher Q3 Earnings on Improved Steel Pricing
Nucor Corporation announced a projection for higher third-quarter 2026 earnings, expected to range between $5.55 and $5.65 per share, up from $5.04 in Q2 2026. This increase is attributed to improved selling prices in the Steel Mills segment and higher volumes and pricing in the Steel Products segment, despite anticipated weaker performance in Raw Materials. The company also continued its capital return to shareholders, repurchasing approximately 2.03 million shares during the quarter.
