NYSE:XUnited States Steel Stock Price, Forecast & News

United States Steel's stock was trading at $5.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, X stock has increased by 31.7% and is now trading at $7.89.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United States Steel in the last year. There are currently 7 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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United States Steel is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for United States Steel.

United States Steel Co. (NYSE:X) issued its quarterly earnings results on Thursday, July, 30th. The basic materials company reported ($2.67) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($2.74) by $0.07. The basic materials company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $1.69 billion. United States Steel had a negative return on equity of 18.78% and a negative net margin of 16.25%.
View United States Steel's earnings history.

United States Steel declared a quarterly dividend on Thursday, July 30th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.01 per share on Thursday, September 10th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend is Friday, August 7th.
View United States Steel's dividend history.

United States Steel declared that its board has authorized a share repurchase program on Thursday, November 1st 2018, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

United States Steel updated its second quarter 2020 Pre-Market earnings guidance on Wednesday, June, 17th. The company provided earnings per share (EPS) guidance of -3.06--3.06 for the period, compared to the Thomson Reuters consensus estimate of $-1.75.

16 analysts have issued twelve-month target prices for United States Steel's stock. Their forecasts range from $4.00 to $10.50. On average, they expect United States Steel's stock price to reach $7.60 in the next year. This suggests that the stock has a possible downside of 3.7%.
View analysts' price targets for United States Steel.

Media headlines about X stock have been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. United States Steel earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about United States Steel.

Some companies that are related to United States Steel include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Cleveland-Cliffs (CLF), Worthington Industries (WOR), Allegheny Technologies (ATI), Carpenter Technology (CRS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other United States Steel investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Bank of America (BAC), Micron Technology (MU), AK Steel (AKS), Tesla (TSLA), General Electric (GE), Ford Motor (F) and Advanced Micro Devices (AMD).

United States Steel trades on the New York Stock Exchange (NYSE) under the ticker symbol "X."

United States Steel's stock is owned by a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.40%), Swiss National Bank (0.29%), Smith Graham & Co. Investment Advisors LP (0.26%), Virtu Financial LLC (0.23%), Mutual of America Capital Management LLC (0.12%) and New York State Common Retirement Fund (0.11%). Company insiders that own United States Steel stock include James E Bruno, Kevin Bradley, Michael H Mcgarry and Stephen J Girsky.
View institutional ownership trends for United States Steel.

X stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State Board of Administration of Florida Retirement System, New York State Common Retirement Fund, HighTower Advisors LLC, Creative Planning, Exane Derivatives, NuWave Investment Management LLC, and Amalgamated Bank.
View insider buying and selling activity for United States Steel.

X stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Swiss National Bank, Principal Financial Group Inc., GWM Advisors LLC, Mutual of America Capital Management LLC, WINTON GROUP Ltd, ProShare Advisors LLC, and Comerica Bank. Company insiders that have bought United States Steel stock in the last two years include Kevin Bradley, Michael H Mcgarry, and Stephen J Girsky.
View insider buying and selling activity for United States Steel.

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

One share of X stock can currently be purchased for approximately $7.89.

United States Steel has a market capitalization of $1.74 billion and generates $12.94 billion in revenue each year. The basic materials company earns $-630,000,000.00 in net income (profit) each year or $0.09 on an earnings per share basis. United States Steel employs 27,500 workers across the globe.

The official website for United States Steel is www.ussteel.com.

United States Steel's mailing address is 600 GRANT STREET, PITTSBURGH PA, 15219. The basic materials company can be reached via phone at 412-433-1121 or via email at [email protected]