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 (WHO). Since then, X stock has increased by 29.4% and is now trading at $7.75.
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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) posted its earnings results on Thursday, July, 30th. The basic materials company reported ($2.67) earnings per share (EPS) for the quarter, topping 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 net margin of 16.25% and a negative return on equity of 18.78%.
View United States Steel's earnings history.

United States Steel announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Monday, August 10th will be given 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 0.52%. The ex-dividend date of this dividend is Friday, August 7th.
View United States Steel's dividend history.

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

United States Steel issued an update on 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 earnings per share estimate of $-1.75.

16 brokers 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 twelve months. This suggests that the stock has a possible downside of 1.9%.
View analysts' price targets for United States Steel.

Headlines about X stock have trended negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. United States Steel earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
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), Netflix (NFLX), Alibaba Group (BABA), Bank of America (BAC), Micron Technology (MU), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Tesla (TSLA), AK Steel (AKS) and Ford Motor (F).

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 number of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.40%), Prudential Financial Inc. (0.29%), Swiss National Bank (0.29%), Smith Graham & Co. Investment Advisors LP (0.26%), Virtu Financial LLC (0.23%) and California Public Employees Retirement System (0.17%). 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 Prudential Financial Inc., 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, and NuWave Investment Management LLC.
View insider buying and selling activity for United States Steel.

X stock was acquired 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 $7.75.

United States Steel has a market capitalization of $1.71 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]