How To Earn $500 A Month From Nucor Stock Ahead Of Q3 Earnings

Nucor Corporation (NYSE:NUE) will release earnings results for its third quarter, before the opening bell on Monday, Oct. 21.

Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at $1.47 per share, down from $4.57 per share in the year-ago period. Nucor projects to report revenue of $7.28 billion for the recent quarter, according to data from Benzinga Pro.

On Oct. 9, JPMorgan analyst Bill Peterson maintained Nucor with an Overweight and lowered the price target from $174 to $170.

With the recent buzz around Nucor, some investors may be eyeing potential gains from the company's dividends too. As of now, Nucor offers an annual dividend yield of 1.37%, which is a quarterly dividend amount of 54 cents per share ($2.16 a ...