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 reached pandemic status according to the World Health Organization (WHO). Since then, X stock has increased by 16.7% and is now trading at $6.99. 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) posted its quarterly earnings results on Thursday, April, 30th. The basic materials company reported ($0.73) EPS for the quarter, beating the consensus estimate of ($0.80) by $0.07. The basic materials company earned $2.75 billion during 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%. The business's revenue was down 21.5% on a year-over-year basis. During the same quarter last year, the company earned $0.47 EPS. View United States Steel's earnings history.

United States Steel declared a quarterly dividend on Thursday, April 30th. Investors 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 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend is Friday, May 8th. View United States Steel's dividend history.

United States Steel announced that its Board of Directors has authorized a share buyback program 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 shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors 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 EPS estimate of $-1.75.

15 brokerages 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 $8.11 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View analysts' price targets for United States Steel.

Media coverage about X stock has trended negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -2.1 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. 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."

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 $6.99.

United States Steel has a market capitalization of $1.19 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]