Should I buy or sell United States Steel stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United States Steel in the last year. There are currently 3 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" X shares. View X analyst ratings or view top-rated stocks .

What is United States Steel's stock price target for 2024?

11 brokers have issued 1-year price objectives for United States Steel's stock. Their X share price targets range from $19.00 to $40.00. On average, they anticipate the company's stock price to reach $28.10 in the next twelve months. This suggests that the stock has a possible downside of 20.9%. View analysts price targets for X or view top-rated stocks among Wall Street analysts .

How have X shares performed in 2023?

United States Steel's stock was trading at $25.05 at the beginning of the year. Since then, X stock has increased by 41.8% and is now trading at $35.51. View the best growth stocks for 2023 here .

When is United States Steel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our X earnings forecast .

How were United States Steel's earnings last quarter?

United States Steel Co. (NYSE:X) announced its quarterly earnings results on Thursday, October, 26th. The basic materials company reported $1.36 EPS for the quarter, topping analysts' consensus estimates of $1.11 by $0.25. The basic materials company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.39 billion. United States Steel had a net margin of 6.30% and a trailing twelve-month return on equity of 11.67%.

How often does United States Steel pay dividends? What is the dividend yield for United States Steel?

United States Steel declared a quarterly dividend on Thursday, October 26th. Investors of record on Monday, November 6th will be paid a dividend of $0.05 per share on Thursday, December 7th. This represents a $0.20 annualized dividend and a dividend yield of 0.56%. The ex-dividend date is Friday, November 3rd. Read our dividend analysis for X .

Is United States Steel a good dividend stock?

United States Steel (NYSE:X) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.57%. The dividend payout ratio is 4.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, X will have a dividend payout ratio of 10.99% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for X .

What ETFs hold United States Steel's stock?

ETFs with the largest weight of United States Steel (NYSE:X) stock in their portfolio include First Trust Materials AlphaDEX Fund (FXZ) , SPDR S&P Metals & Mining ETF (XME) , VanEck Steel ETF (SLX) , Direxion Daily Metals & Mining Bull 2X Shares (MNM) , Invesco S&P MidCap 400 Pure Value ETF (RFV) , Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) , Euclidean Fundamental Value ETF (ECML) and Invesco S&P MidCap 400 Revenue ETF (RWK) .

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

United States Steel announced that its Board of Directors has authorized a stock repurchase plan on Thursday, July 28th 2022, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 8.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

What guidance has United States Steel issued on next quarter's earnings?

United States Steel issued an update on its third quarter 2023 earnings guidance on Monday, September, 18th. The company provided earnings per share guidance of $1.10-$1.15 for the period, compared to the consensus EPS estimate of $1.01. The company issued revenue guidance of -.

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.

What other stocks do shareholders of United States Steel own?

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

Who are United States Steel's major shareholders?

United States Steel's stock is owned by many different institutional and retail investors. Top institutional shareholders include Third Point LLC (2.13%), KGH Ltd (2.01%), UBS Group AG (0.00%), Charles Schwab Investment Management Inc. (1.08%), Bank of New York Mellon Corp (1.05%) and AQR Capital Management LLC (0.90%). Insiders that own company stock include Alicia J Davis , Andrea J Ayers , Christine S Breves , Daniel R Brown , David B Burritt , Duane D Holloway , James E Bruno , Kenneth E Jaycox , Manpreet Grewal , Richard Fruehauf , Scott D Buckiso and Tracy A Atkinson . 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$35.58

+0.16 (+0.45%)

(As of 12:51 PM ET)

Compare

Today's Range: $35.38
▼
$35.68
50-Day Range: $31.24
▼
$35.42
52-Week Range: $20.40
▼
$35.76

Volume: 2.62 million shs
Average Volume: 7.28 million shs
Market Capitalization: $7.94 billion

P/E Ratio: 7.82
Dividend Yield: 0.56%
Price Target: $28.10

United States Steel MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.82 Rating Score
Upside/Downside: 21.0% Downside
$28.10 Price Target
Short Interest: Healthy
5.99% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -4.31
Upright™ Environmental Score
News Sentiment: 0.24
Based on 5 Articles This Week
Insider Trading: Selling Shares
$945,632 Sold Last Quarter
Proj. Earnings Growth: -55.39%
From $4.08 to $1.82 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Basic Materials Sector

121st out of 165 stocks

Blast Furnaces & Steel Mills Industry

11th out of 14 stocks

1.9

Analyst's Opinion

Consensus Rating
United States Steel has received a consensus rating of Reduce. The company's average rating score is 1.82, and is based on 1 buy rating, 7 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.10, United States Steel has a forecasted downside of 21.0% from its current price of $35.57.
Amount of Analyst Coverage
United States Steel has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
5.99% of the float of United States Steel has been sold short.
Short Interest Ratio / Days to Cover
United States Steel has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in United States Steel has recently decreased by 3.02%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
United States Steel has a dividend yield of 0.57%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
United States Steel does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of United States Steel is 4.40%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, United States Steel will have a dividend payout ratio of 10.99% next year. This indicates that United States Steel will be able to sustain or increase its dividend.

0.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
United States Steel has received a -89.43% net impact score from Upright. The largest negative impact of United States Steel in category "GHG emissions" seems to be driven mostly by its "Tin plates", "Steel coating services", "Carbon steel pipes", and "Stainless steel pipes" products. See details.
Environmental Sustainability
The Environmental Impact score for United States Steel is -4.31.

1.8

News and Social Media Coverage

News Sentiment
United States Steel has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for United States Steel this week, compared to 7 articles on an average week.
Search Interest
72 people have searched for X on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added United States Steel to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, United States Steel insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $945,632.00 in company stock.
Percentage Held by Insiders
Only 0.98% of the stock of United States Steel is held by insiders.
Percentage Held by Institutions
74.60% of the stock of United States Steel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for United States Steel are expected to decrease by -55.39% in the coming year, from $4.08 to $1.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of United States Steel is 7.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of United States Steel is 7.82, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 87.28.
Price to Book Value per Share Ratio
United States Steel has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). 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, appliance, construction, container, pipe and tube, sheet converter, electrical, 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. The company 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

30 days | 90 days | 365 days | Advanced Chart

X Stock News Headlines

November 29, 2023 | americanbankingnews.com

United States Steel Target of Unusually Large Options Trading (NYSE:X)

November 28, 2023 | finance.yahoo.com

U.S. Steel Stock Is Rising on Hope for More Bidders

November 29, 2023 | Autonomix (Ad)

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November 28, 2023 | americanbankingnews.com

Insider Selling: United States Steel Co. (NYSE:X) SVP Sells 5,000 Shares of Stock

November 22, 2023 | americanbankingnews.com

United States Steel Co. (NYSE:X) Given Average Recommendation of "Reduce" by Analysts

November 21, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on United States Steel (NYSE:X)

November 20, 2023 | finance.yahoo.com

U. S. Steel Releases 2023 Task Force on Climate-Related Financial Disclosures Report

November 19, 2023 | benzinga.com

United States Steel Stock (NYSE:X) Dividends: History, Yield and Dates

November 29, 2023 | Tomorrow Investor (Ad)

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There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 9, 2023 | finance.yahoo.com

ArcelorMittal Profit Drops as Steel Market Demand Weakens

November 9, 2023 | finance.yahoo.com

This Industrial Stock Is Finally Ready to Shine. Is It a Buy?

November 9, 2023 | finance.yahoo.com

3 Things You Need to Know If You Buy United States Steel Today

November 3, 2023 | seekingalpha.com

United States Steel Corporation: Not Buying So Close To The Top

November 2, 2023 | bloomberg.com

US Steel Auction to Near End With Site Visits Next Week

November 2, 2023 | msn.com

US Steel final bids due soon after site visits next week - report

November 2, 2023 | seekingalpha.com

U.S. Steel Is A Buy In Light Of Megatrends, M&A, And Strategic Investments

November 1, 2023 | msn.com

United States Steel (X) Price Target Increased by 9.15% to 29.73

October 31, 2023 | finance.yahoo.com

U.S. Steel Needs to Pump Up the Volume (Like All the Way to X)

October 31, 2023 | finance.yahoo.com

UPDATE 1-Automakers oppose Cleveland-Cliffs push to buy U.S. Steel

October 30, 2023 | finance.yahoo.com

U. S. Steel’s Operations in Pennsylvania Generated $3.6 Billion in Economic Impact

October 28, 2023 | finance.yahoo.com

Q3 2023 United States Steel Corp Earnings Call