United States Steel - X Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for United States Steel in the last year. There are currently 3 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" X shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in X, but not buy additional shares or sell existing shares.
View X analyst ratings or view top-rated stocks.

7 analysts have issued twelve-month price targets for United States Steel's shares. Their X share price forecasts range from $21.50 to $37.00. On average, they anticipate the company's stock price to reach $25.61 in the next year. This suggests a possible upside of 36.7% from the stock's current price.
View analysts price targets for X or view top-rated stocks among Wall Street analysts.

United States Steel's stock was trading at $23.81 at the start of the year. Since then, X shares have decreased by 21.3% and is now trading at $18.73.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our X earnings forecast.

United States Steel Co. (NYSE:X) issued its quarterly earnings data on Thursday, July, 28th. The basic materials company reported $3.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.85 by $0.01. The basic materials company had revenue of $6.29 billion for the quarter, compared to analyst estimates of $5.82 billion. United States Steel had a trailing twelve-month return on equity of 49.21% and a net margin of 21.59%. The firm's quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.37 EPS.

United States Steel announced a quarterly dividend on Saturday, July 30th. Shareholders of record on Monday, August 8th will be given a dividend of $0.05 per share on Thursday, September 8th. This represents a $0.20 annualized dividend and a yield of 1.07%. The ex-dividend date is Friday, August 5th.
Read our dividend analysis for X.

United States Steel (NYSE:X) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.07%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 1.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, X will have a dividend payout ratio of 10.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for X.

United States Steel announced that its Board of Directors has approved a stock repurchase program on Thursday, July 28th 2022, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 8.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

United States Steel updated its third quarter 2022 earnings guidance on Thursday, September, 29th. The company provided earnings per share guidance of $1.90-$1.95 for the period, compared to the consensus estimate of $1.90. The company issued revenue guidance of -.

116 employees have rated United States Steel Chief Executive Officer David Burritt on Glassdoor.com. David Burritt has an approval rating of 41% among the company's employees. This puts David Burritt in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 45.0% of employees surveyed would recommend working at United States Steel to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other United States Steel investors own include NVIDIA (NVDA), Bank of America (BAC), Netflix (NFLX), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), Ford Motor (F), Advanced Micro Devices (AMD), General Electric (GE) and AK Steel (AKS).

United States Steel trades on the New York Stock Exchange (NYSE) under the ticker symbol "X."

Shares of X stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of X stock can currently be purchased for approximately $18.73.

United States Steel (NYSE:X) has a market capitalization of $4.44 billion and generates $20.28 billion in revenue each year. The basic materials company earns $4.17 billion in net income (profit) each year or $17.16 on an earnings per share basis.

The company employs 24,540 workers across the globe.

United States Steel's mailing address is 600 GRANT STREET, PITTSBURGH PA, 15219. The official website for the company is www.ussteel.com. The basic materials company can be reached via phone at (412) 433-1121, via email at klewis@uss.com, or via fax at 302-674-5266.