Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
8/15/2024 | $187.00 → $176.00 | Equal-Weight → Overweight | Morgan Stanley | |
8/12/2024 | $32.00 → $38.00 | Sell → Buy | UBS | |
8/2/2024 | Underperform → Peer Perform | Wolfe Research | ||
6/26/2024 | $43.00 → $45.00 | Market Perform → Outperform | BMO Capital Markets | |
6/21/2024 | $36.50 → $50.00 | Equal-Weight → Overweight | Morgan Stanley | |
5/20/2024 | $45.00 | Buy | Jefferies | |
5/20/2024 | $150.00 | Hold | Jefferies | |
5/20/2024 | $190.00 | Hold | Jefferies |
4 - NUCOR CORP (0000073309) (Issuer)
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
Morgan Stanley upgraded Nucor from Equal-Weight to Overweight and set a new price target of $176.00 from $187.00 previously
UBS upgraded Alcoa from Sell to Buy and set a new price target of $38.00 from $32.00 previously
Wolfe Research upgraded Alcoa from Underperform to Peer Perform
SC 13D/A - CENTURY ALUMINUM CO (0000949157) (Subject)
SC 13G/A - CENTURY ALUMINUM CO (0000949157) (Subject)
SC 13G/A - STEEL DYNAMICS INC (0001022671) (Subject)
8-K - STEEL DYNAMICS INC (0001022671) (Filer)
10-Q - CENTURY ALUMINUM CO (0000949157) (Filer)
IRANNOTICE - CENTURY ALUMINUM CO (0000949157) (Filer)
Nucor Corporation (NYSE:NUE) shares are trading lower today. Yesterday, the company reported better-than-expected second-quarter financial results. Nucor reported quarterly earnings of $2.68 per share, which beat the analyst consensus estimate of $2.35 by 14.04%. Quarterly sales came in at $8.08 billion, which beat the analyst consensus estimate of $7.69 billion by 5.13%. Nucor anticipates a decline in third-quarter 2024 earnings compared to the second quarter, primarily due to lower average selling prices impacting the steel mills segment. KeyBanc Capital Markets analyst Philip Gibbs says that 3Q24 guidance suggests weaker earnings in Steel Products and Raw Materials than his curre
Nucor Corporation (NYSE:NUE) shares are climbing after the company reported its second-quarter financial results Monday. Here's a look at the key figures from the report. The Details: Nucor reported quarterly earnings of $2.68 per share which beat the analyst consensus estimate of $2.35 by 14.04%. Quarterly sales came in at $8.08 billion, which beat the analyst consensus estimate of $7.69 billion by 5.13%. A total of approximately 6.289 million tons were shipped to outside customers in the second quarter of 2024, a 1% increase compared with the first quarter of 2024 and a 5% decrease compared with the second quarter of 2023. Total steel mill shipments in the second quarter of 2024
FORT WAYNE, Ind., Aug. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2024 and is payable on or about October 11, 2024. About Steel Dynamics, Inc.Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, based on estimated annual steelmaking and metals recycling capability, with facilities located throughout t
CHICAGO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ:CENX) today announced its second quarter 2024 results. Business Highlights Net sales of $560.8 millionRealized LME aluminum price of $2,288/MT in second quarter is up $98/MT from prior quarterReported net loss attributable to Century stockholders of $2.5 million and adjusted EBITDA attributable to Century stockholders of $34.2 million1Cash and cash equivalents of $41.3 million and strong liquidity of $342.6 million as of June 30, 2024 Second Quarter 2024 Financial Results $MM (except shipments and per share data) Q2 2024Q1 2024Aluminum shipments (tonnes) 167,908 174,627 Net sales$560.8 $489.5 Net (loss) incom
United States Steel Corporation (NYSE:X) ("U. S. Steel") announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, September 11, 2024, to stockholders of record at the close of business on Monday, August 12, 2024. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company's customer-centric Best for All® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging indus
Alcoa Corporation (NYSE:AA, ASX: AAI))) today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company's investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations and Pension Investments, who will retire on September 1 after more than 30 years of service. Mr. Langlois is currently senior vice president and treasurer. He will continue to report to Executive Vice President and Chief Financial Officer Molly Beerman. "Louis will extend the strong relationships he currently has with o
CHARLOTTE, N.C., April 18, 2024 /PRNewswire/ -- Nucor Corporation (NYSE:NUE) announced today the appointment of Nicole B. Theophilus to the newly created position of Executive Vice President of Talent and Human Resources, effective April 29, 2024. In this role, Ms. Theophilus will focus on Nucor's enterprise talent development and human resources strategy. Ms. Theophilus, 54, most recently served as Executive Vice President and Chief Human Resources Officer of Wabtec Corporation, a global provider of equipment, systems, digital solutions and services for the freight and transi
Alcoa Corporation (NYSE:AA) today announced that it has appointed Matt Reed as Alcoa's Executive Vice President and Chief Operations Officer, effective January 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231220861728/en/Matt Reed, Alcoa Corporation's new EVP and Chief Operations Officer effective January 1, 2024. (Photo: Business Wire) Reed, who will be based in Western Australia, will lead Alcoa's global operations, including bauxite mines, alumina refineries, and aluminum smelters. He will be accountable for operational excellence, focusing on safety, environmental management, productivity, cost management, and lon
TOKYO, Aug. 28, 2024 /PRNewswire/ -- Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) today announced additional project investments to be made at Mon Valley Works and Gary Works, as part of its pending acquisition ("Transaction") of United States Steel Corporation ("U. S. Steel") (NYSE:X). The investments announced today are major growth investments and represent additional capital spending that will extend the production life of two of U. S. Steel's critical integrated assets and enhance the security of steel supply to American manufacturers. The investments will require significant expenditures beyond calendar year 2026 and are incremental to the $1.4 billion capital commitment prev
Alcoa Corporation Executive Vice President and Chief Financial Officer Molly S. Beerman will participate in two investor conferences, engaging in question-and-answer sessions regarding Alcoa's business and outlook in the current market, including factors that could affect the present quarter's financial results. Jefferies 2024 Industrial Conference At 1:20 p.m. EDT on Thursday, September 5, 2024, Molly S. Beerman will participate in a live webcast session at the Jefferies 2024 Industrials Conference in New York, New York. Morgan Stanley 12th Annual Laguna Conference At 10:00 a.m. EDT on Thursday, September 12, 2024, Molly S. Beerman will participate in a live webcast session at the M
FORT WAYNE, Ind., Aug. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2024 and is payable on or about October 11, 2024. About Steel Dynamics, Inc.Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, based on estimated annual steelmaking and metals recycling capability, with facilities located throughout t