NYSE:XUnited States Steel Stock Price, Forecast & News

United States Steel's stock was trading at $5.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, X stock has increased by 21.9% and is now trading at $7.30. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United States Steel in the last year. There are currently 7 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for United States Steel.

United States Steel is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for United States Steel.

United States Steel Co. (NYSE:X) announced its quarterly earnings data on Thursday, April, 30th. The basic materials company reported ($0.73) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.80) by $0.07. The basic materials company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.79 billion. United States Steel had a negative return on equity of 4.63% and a negative net margin of 8.92%. United States Steel's revenue for the quarter was down 21.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.47 earnings per share. View United States Steel's earnings history.

United States Steel announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Monday, May 11th will be given a dividend of $0.01 per share on Wednesday, June 10th. This represents a $0.04 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend is Friday, May 8th. View United States Steel's dividend history.

United States Steel declared that its Board of Directors has authorized a stock repurchase program on Thursday, November 1st 2018, which authorizes the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 6.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are 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 earnings per share estimate of $-1.75.

15 Wall Street analysts have issued 12-month target prices for United States Steel's shares. Their forecasts range from $4.00 to $10.50. On average, they expect United States Steel's share price to reach $8.11 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View analysts' price targets for United States Steel.

News stories about X stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. United States Steel earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave media coverage 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 impact on the stock's share price in the near term. 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). View all competitors.

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 number of institutional and retail investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.03%), Envestnet Asset Management Inc. (0.02%), Exane Derivatives (0.01%), NuWave Investment Management LLC (0.01%) and FNY Investment Advisers LLC (0.00%). 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 Exane Derivatives, NuWave Investment Management LLC, and Envestnet Asset Management Inc.. 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 Louisiana State Employees Retirement System, and FNY Investment Advisers 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 $7.30.

United States Steel has a market capitalization of $1.24 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]