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 shares have increased by 32.4% and is now trading at $7.93.
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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 data 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 analysts' expectations 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. Investors 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 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Friday, August 7th.
View United States Steel's dividend history.

United States Steel declared that its board has initiated a share buyback program on Thursday, November 1st 2018, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

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

16 equities research analysts have issued twelve-month price objectives for United States Steel's stock. Their forecasts range from $4.00 to $10.50. On average, they anticipate United States Steel's stock price to reach $7.60 in the next year. This suggests that the stock has a possible downside of 4.2%.
View analysts' price targets for United States Steel.

Media stories about X stock have been trending negative on Thursday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. United States Steel earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about United States Steel.

United States Steel saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 54,110,000 shares, a decrease of 15.5% from the April 15th total of 64,020,000 shares. Based on an average daily volume of 17,090,000 shares, the short-interest ratio is currently 3.2 days. Approximately 32.3% of the shares of the company are sold short.
View United States Steel's Short Interest.

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 Bank of New York Mellon Corp (1.32%), Principal Financial Group Inc. (0.40%), Prudential Financial Inc. (0.29%), American International Group Inc. (0.25%), Swiss National Bank (0.29%) and Smith Graham & Co. Investment Advisors LP (0.26%). 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 purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Virtu Financial LLC, American International Group Inc., Swiss National Bank, Principal Financial Group Inc., GWM Advisors LLC, UBS Oconnor LLC, and Mutual of America Capital Management LLC. 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 $7.93.

United States Steel has a market capitalization of $1.75 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]