NUE
Nucor Corporation Materials - Steel Investor Relations →
Nucor Corporation (NUE) closed at $192.84 as of 2026-02-02, trading 33.9% above its 200-week moving average of $144.01. The stock moved further from the line this week, up from 23.6% last week. With a 14-week RSI of 76, NUE is in overbought territory.
Over the past 2346 weeks of data, NUE has crossed below its 200-week moving average 35 times. On average, these episodes lasted 18 weeks. Historically, investors who bought NUE at the start of these episodes saw an average one-year return of +10.9%.
With a market cap of $44.1 billion, NUE is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 9.4%. The stock trades at 2.1x book value.
NUE is a Dividend Aristocrat, having increased its dividend for 25 or more consecutive years. The current yield is 116.00%. The company has been aggressively buying back shares, reducing its share count by 14.5% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in NUE would have grown to $4007, compared to $2849 for the S&P 500. That represents an annualized return of 11.8% vs 10.6% for the index — confirming NUE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -44.1% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: NUE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NUE Crosses Below the Line?
Across 30 historical episodes, buying NUE when it crossed below its 200-week moving average produced an average return of +12.2% after 12 months (median +14.0%), compared to +14.5% for the S&P 500 over the same periods. 61% of those episodes were profitable after one year. After 24 months, the average return was +48.3% vs +34.7% for the index.
Each line shows $100 invested at the moment NUE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NUE has crossed below its 200-week MA 35 times with an average 1-year return of +10.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 1981 | Nov 1982 | 60 | 39.2% | -29.1% | +34465.5% |
| Nov 1982 | Dec 1982 | 4 | 2.8% | +38.1% | +36616.3% |
| Apr 1984 | Aug 1984 | 16 | 14.1% | +25.1% | +35275.5% |
| Oct 1984 | Dec 1984 | 12 | 9.3% | +45.7% | +32934.6% |
| Nov 1987 | Dec 1987 | 1 | 2.3% | +47.2% | +21937.2% |
| Sep 1995 | Oct 1995 | 4 | 6.9% | +11.4% | +3373.4% |
| Oct 1995 | Nov 1995 | 3 | 3.3% | +3.9% | +3320.9% |
| Jun 1996 | Jun 1996 | 1 | 0.7% | +16.1% | +3007.9% |
| Jun 1996 | Nov 1996 | 22 | 11.6% | +14.5% | +3000.2% |
| Dec 1996 | Jan 1997 | 4 | 5.3% | -8.0% | +2945.3% |
| Jan 1997 | May 1997 | 14 | 14.7% | -7.7% | +2903.9% |
| Sep 1997 | Mar 1998 | 24 | 17.7% | -25.8% | +2837.5% |
| May 1998 | Apr 1999 | 45 | 27.8% | -1.9% | +2902.9% |
| May 1999 | Aug 1999 | 10 | 9.0% | -12.8% | +3192.9% |
| Aug 1999 | Oct 1999 | 9 | 13.7% | -23.4% | +3056.0% |
| Jan 2000 | Mar 2000 | 6 | 4.2% | -9.8% | +3011.6% |
| Apr 2000 | Apr 2001 | 53 | 36.2% | -12.3% | +3130.3% |
| Sep 2001 | Nov 2001 | 8 | 20.3% | +23.0% | +3348.1% |
| Sep 2002 | Nov 2002 | 7 | 14.4% | +16.8% | +3573.3% |
| Dec 2002 | May 2003 | 25 | 15.3% | +15.4% | +3107.9% |
| Sep 2008 | Jan 2011 | 123 | 39.5% | +9.4% | +603.1% |
| Mar 2011 | Mar 2011 | 1 | 1.0% | +1.2% | +531.3% |
| May 2011 | Jan 2012 | 36 | 28.3% | -11.1% | +542.8% |
| Apr 2012 | Jul 2012 | 14 | 12.4% | +12.8% | +595.8% |
| Aug 2012 | Sep 2012 | 2 | 2.8% | +23.9% | +600.1% |
| Sep 2012 | Oct 2012 | 3 | 1.7% | +32.0% | +608.2% |
| Jul 2015 | Jul 2015 | 2 | 1.6% | +37.5% | +478.0% |
| Aug 2015 | Mar 2016 | 29 | 18.6% | +19.6% | +469.3% |
| May 2019 | Jun 2019 | 4 | 9.1% | -20.1% | +333.0% |
| Jul 2019 | Oct 2019 | 12 | 12.0% | -17.2% | +318.4% |
| Dec 2019 | Nov 2020 | 46 | 43.7% | +1.6% | +301.2% |
| Jan 2021 | Feb 2021 | 1 | 5.5% | +108.4% | +327.8% |
| Dec 2024 | Jul 2025 | 30 | 25.4% | +34.2% | +57.2% |
| Jul 2025 | Aug 2025 | 2 | 0.6% | N/A | +40.1% |
| Sep 2025 | Oct 2025 | 6 | 6.5% | N/A | +45.7% |
| Average | 18 | — | +10.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02