Nucor Corp. (NUE, Financial), Exxon Mobil Corp. (XOM, Financial), Williams Companies Inc. (WMB, Financial) and Franklin Resources Inc. (BEN, Financial) have declined to their three-year lows.
Nucor declined to $47.92
The price of Nucor shares declined to $47.92 on Feb. 7, which is only 3.8% above the three-year low of $46.10.
Nucor is the largest steel producer in the United States. The company has many subsidiaries that operate independently, including Nucor Steel, Nucor Cold Finish and Nucor Fastener. The company is also a component of the S&P 500.
Nucor has a market cap of $14.46 billion; its shares were traded around $47.92 with a price-earnings ratio of 11.59 and a price-sales ratio of 0.65. The trailing 12-month dividend yield is 3.34%. The forward dividend yield is 3.28%. Nucor had an annual average earnings growth of 17.80% over the past 10 years.
On Jan. 28, Nucor reported financial results for the fourth quarter and year ended 2019. Consolidated net earnings for the quarter were $107.8 million, or 35 cents per diluted share, compared to consolidated net earnings of $646.8 million, or $2.07 per diluted share, during the prior-year quarter. Consolidated net sales decreased 18% to $5.13 billion from $6.30 billion a year ago.
Exxon Mobil declined to $61.47
The price of Exxon Mobil shares declined to $61.47 on Feb. 7, which is only 2.6% above the three-year low of $59.89.
Exxon Mobil is an international oil and gas corporation. The company is the largest direct descendant of John D. Rockefeller’s Standard Oil Company and was ranked second in the Fortune 500 rankings of the largest United States corporations by total revenue in 2018.
Exxon Mobil has a market cap of $260.26 billion; its shares were traded around $61.47 with a price-earnings ratio of 18.31 and a price-sales ratio of 1.01. The trailing 12-month dividend yield is 5.60%. The forward dividend yield is 5.62%.
On Dec. 30, Exxon Mobil announced that it acquired more than 1.7 million acres for exploration in offshore Egypt. Exploration operations in the new acquisition are set to begin later this year.
Williams Companies declined to $21.06
The price of Williams Companies shares declined to $21.06 on Feb. 7, which is only 3.3% above the three-year low of $20.36.
Williams Companies is an American Fortune 500 energy company. Its core business lies in natural gas processing and transportation, with additional petroleum and electricity generation assets. The company owns and operates midstream gathering and processing assets, concentrated around of the Gulf of Mexico.
Williams Companies has a market cap of $25.53 billion; its shares were traded around $21.06 with a price-earnings ratio of 162.01 and a price-sales ratio of 3.07. The trailing 12-month dividend yield is 7.22%. The forward dividend yield is 7.46%.
On Jan. 28, Williams Companies announced its board of directors approved a regular dividend of 40 cents per share on the company’s annual stock. The dividend is payable on March 30 to shareholders of record at the close of business on March 13.
Franklin Resources declined to $25.60
The price of Franklin Resources shares declined to $25.60 on Feb. 7, which is only 4.4% above the three-year low of $24.47.
Franklin Resources is an American international investment management company that provides services to retail, institutional and sovereign wealth clients in over 170 countries. The company is also a component of the S&P 500.
Franklin Resources has a market cap of $12.72 billion; its shares were traded around $25.60 with a price-earnings ratio of 10.22 and a price-sales ratio of 2.21. The trailing 12-month dividend yield is 4.13%. The forward dividend yield is 4.14%. The company had an annual average earnings growth of 3.70% over the past 10 years.
On Jan. 22, Franklin Resources announced that Fiduciary Trust Company, a wholly-owned subsidiary, entered into an agreement to acquire The Pennsylvania Trust Company, a wealth management firm in the Philadelphia area. The acquisition will strengthen Fiduciary Trust’s offerings for servicing multiple generations of high-net-worth clients and will allow the subsidiary to expand its presence in the Philadelphia marketplace.
Disclosure: I do not own stock in any of the companies mentioned in the article.
Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.
