NYSE:XUnited States Steel Stock Price, Forecast & News

United States Steel's stock was trading at $5.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, X stock has increased by 70.1% and is now trading at $10.19. 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, 5 hold ratings and 3 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, beating the consensus estimate of ($0.80) by $0.07. The basic materials company had revenue of $2.75 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 earnings per share. View United States Steel's earnings history.

United States Steel announced a quarterly dividend on Thursday, April 30th. Investors of record on Monday, May 11th will be paid a dividend of $0.01 per share on Wednesday, June 10th. This represents a $0.04 dividend on an annualized basis and a yield of 0.39%. 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 has authorized a share repurchase plan on Thursday, November 1st 2018, which authorizes the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

United States Steel updated its first quarter 2020 Pre-Market earnings guidance on Friday, March, 20th. The company provided earnings per share guidance of -0.8--0.8 for the period, compared to the Thomson Reuters consensus estimate of $-0.84.

15 brokerages have issued 1 year price targets 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 $8.11 in the next twelve months. This suggests that the stock has a possible downside of 20.4%. View analysts' price targets for United States Steel.

News stories about X stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. United States Steel earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutUnited States Steel.

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

Some companies that are related to United States Steel include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Cleveland-Cliffs (CLF), Commercial Metals (CMC), Worthington Industries (WOR), Allegheny Technologies (ATI), Carpenter Technology (CRS), AK Steel (AKS), 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.66%), State Street Corp (3.36%), Morgan Stanley (3.16%), Morgan Stanley (3.16%), Bank of New York Mellon Corp (1.44%) and Luminus Management LLC (1.16%). 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 BNP Paribas Arbitrage SA, BlackRock Inc., Retirement Systems of Alabama, State Street Corp, South Dakota Investment Council, Principal Financial Group Inc., CoreCommodity Management LLC, and First Trust Advisors LP. 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 Morgan Stanley, Morgan Stanley, Luminus Management LLC, Two Sigma Advisers LP, Voloridge Investment Management LLC, Drexel Morgan & Co., Advisor Group Holdings Inc., and Thrivent Financial for Lutherans. 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 $10.19.

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]