United States Steel Stock Forecast, Price & 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. Since then, X stock has increased by 47.2% and is now trading at $8.82.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United States Steel in the last year. There are currently 5 sell ratings, 7 hold ratings and 1 buy rating 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) released its quarterly earnings data on Thursday, July, 30th. The basic materials company reported ($2.67) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($2.74) by $0.07. The basic materials company earned $2.09 billion during 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 declared a quarterly dividend on Thursday, July 30th. Stockholders 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 0.45%. 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 share repurchase plan 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 reacquire up to 6.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.

United States Steel issued an update on its third quarter earnings guidance on Friday, September, 18th. The company provided EPS guidance of ($1.45) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($1.52).

13 analysts have issued 1-year price objectives 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 $7.38 in the next year. This suggests that the stock has a possible downside of 16.4%.
View analysts' price targets for United States Steel.

United States Steel saw a drop in short interest during the month of August. As of August 14th, there was short interest totaling 50,110,000 shares, a drop of 13.8% from the July 30th total of 58,130,000 shares. Based on an average daily volume of 14,270,000 shares, the days-to-cover ratio is currently 3.5 days.
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), Cleveland-Cliffs (CLF), Commercial Metals (CMC), 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), Tesla (TSLA), Ford Motor (F), AK Steel (AKS), Advanced Micro Devices (AMD) and General Electric (GE).

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.47%), Bank of New York Mellon Corp (1.32%), Tudor Investment Corp Et Al (0.94%), Charles Schwab Investment Management Inc. (0.87%), Nuveen Asset Management LLC (0.40%) and Principal Financial Group Inc. (0.40%). 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 Two Sigma Advisers LP, 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, and Exane Derivatives.
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 Vanguard Group Inc., Tudor Investment Corp Et Al, Charles Schwab Investment Management Inc., Bridgeway Capital Management Inc., Bank of New York Mellon Corp, Man Group plc, Virtu Financial LLC, and Nuveen Asset 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 $8.82.

United States Steel has a market capitalization of $1.94 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]