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NYSE:X

United States Steel (X) Stock Price, News & Analysis

$40.72
+0.09 (+0.22%)
(As of 07/26/2024 ET)
Today's Range
$40.39
$40.84
50-Day Range
$35.21
$40.72
52-Week Range
$22.26
$50.20
Volume
2.84 million shs
Average Volume
2.39 million shs
Market Capitalization
$9.16 billion
P/E Ratio
11.94
Dividend Yield
0.49%
Price Target
$40.00

United States Steel MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
1.8% Downside
$40.00 Price Target
Short Interest
Bearish
9.63% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.31
Upright™ Environmental Score
News Sentiment
0.50mentions of United States Steel in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.91%
From $2.38 to $2.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

Basic Materials Sector

71st out of 175 stocks

Blast Furnaces & Steel Mills Industry

8th out of 13 stocks

X stock logo

About United States Steel Stock (NYSE:X)

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical steel products. This segment serves customers in the automotive, construction, pipe and tube, sheet converter, electrical, solar industrial equipment, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. It also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

X Stock Price History

X Stock News Headlines

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3 Stocks Upgraded by Analysts: Home Depot, U.S. Steel, Alcoa
Investors should take Wall Street's view of a particular sector or stock with a grain of salt, as there are typically conflicts of interest behind these views. Think about it: if an analyst working for an investment bank decides that a company's future is bearish, that analyst could risk losing his or her job over a particular stock's rating.
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3 Stocks Upgraded by Analysts: Home Depot, U.S. Steel, Alcoa (X)
Three stocks came to be analyst favorites this time around, all riding on the same construction and infrastructure tailwinds
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MarketBeat Week in Review – 6/24 - 6/28 (X)
A benign reading on inflation may keep the stock market rally going as traders and investors get a break with a holiday-shortened week before earnings season
StockNews.com Initiates Coverage on United States Steel (NYSE:X)
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United States Steel (X) to Release Earnings on Thursday
United States Steel (NYSE:X) Price Target Cut to $40.00
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/12 Dividend
5/10/2024
Dividend Payable
6/12/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel
CUSIP
91290910
Employees
21,803
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.00
High Stock Price Target
$48.00
Low Stock Price Target
$31.00
Potential Upside/Downside
-1.8%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$895 million
Pretax Margin
5.67%

Debt

Sales & Book Value

Annual Sales
$18.05 billion
Cash Flow
$9.25 per share
Book Value
$49.79 per share

Miscellaneous

Free Float
222,646,000
Market Cap
$9.16 billion
Optionable
Optionable
Beta
1.93
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X Stock Analysis - Frequently Asked Questions

How have X shares performed this year?

United States Steel's stock was trading at $48.65 on January 1st, 2024. Since then, X stock has decreased by 16.3% and is now trading at $40.72.
View the best growth stocks for 2024 here
.

How were United States Steel's earnings last quarter?

United States Steel Co. (NYSE:X) posted its quarterly earnings data on Thursday, May, 2nd. The basic materials company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.01. The basic materials company earned $4.16 billion during the quarter, compared to analysts' expectations of $4.22 billion. United States Steel had a net margin of 4.89% and a trailing twelve-month return on equity of 10.61%.

How will United States Steel's stock buyback program work?

United States Steel's Board of Directors authorized a stock buyback plan on Thursday, July 28th 2022, which permits the company to repurchase $500,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 8.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

What is David Burritt's approval rating as United States Steel's CEO?

116 employees have rated United States Steel Chief Executive Officer David Burritt on Glassdoor.com. David Burritt has an approval rating of 41% among the company's employees. This puts David Burritt in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 45.0% of employees surveyed would recommend working at United States Steel to a friend.

Who are United States Steel's major shareholders?

Top institutional investors of United States Steel include Bank of New York Mellon Corp (0.91%), Equitec Proprietary Markets LLC, Sanders Morris Harris LLC (0.17%) and Summit Securities Group LLC. Insiders that own company stock include David B Burritt, Christine S Breves, Scott D Buckiso, Duane D Holloway, Daniel R Brown, Kenneth E Jaycox, Richard Fruehauf, James E Bruno, Manpreet Grewal, Alicia J Davis and Andrea J Ayers.
View institutional ownership trends
.

How do I buy shares of United States Steel?

Shares of X stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of United States Steel own?

Based on aggregate information from My MarketBeat watchlists, some other companies that United States Steel investors own include NVIDIA (NVDA), Bank of America (BAC), Netflix (NFLX), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA) and Ford Motor (F).

This page (NYSE:X) was last updated on 7/27/2024 by MarketBeat.com Staff

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