United States Steel Corporation is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). The Flat-Rolled segment includes the operating results of its integrated steel plants and equity investees in the United States involved in the production of slabs, rounds, strip mill plates, sheets and tin mill products, as well as all iron ore and coke production facilities in the United States. The USSE segment includes the operating results of U. S. Steel Kosice (USSK) and its integrated steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of its tubular production facilities, primarily in the United States and equity investees in the United States and Brazil.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Steel - NEC
- Sub-Industry: Steel
- Symbol: NYSE:X
- CUSIP: 91290910
- Web: www.ussteel.com
Capitalization:- Market Cap: $4.14541 billion
- Outstanding Shares: 174,911,000
Average Prices:- 50 Day Moving Avg: $23.42
- 200 Day Moving Avg: $27.50
- 52 Week Range: $15.72 - $41.83
P/E:- Trailing P/E Ratio: 48.37
- Foreward P/E Ratio: 9.19
- P/E Growth: 1.69
Sales & Book Value:- Annual Revenue: $11.21 billion
- Price / Sales: 0.37
- Book Value: $14.60 per share
- Price / Book: 1.62
Dividend:- Annual Dividend: $0.20
- Dividend Yield: 0.8%
Profitability:- EBIDTA: $838 million
- Net Margins: 0.24%
- Return on Equity: 6.50%
- Return on Assets: 1.67%
Debt:- Debt-to-Equity Ratio: 1.08%
- Current Ratio: 1.72%
- Quick Ratio: 1.09%
Misc:- Average Volume: 18.25 million shs.
- Beta: 2.88
- Short Ratio: 1.46
Frequently Asked Questions for United States Steel Corporation (NYSE:X)
What is United States Steel Corporation's stock symbol?
United States Steel Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "X."
How often does United States Steel Corporation pay dividends? What is the dividend yield for United States Steel Corporation?
United States Steel Corporation declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Wednesday, August 9th will be paid a dividend of $0.05 per share on Friday, September 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date is Monday, August 7th. View United States Steel Corporation's Dividend History.
How were United States Steel Corporation's earnings last quarter?
United States Steel Corporation (NYSE:X) announced its earnings results on Tuesday, July, 25th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.66. The business earned $3.14 billion during the quarter, compared to analyst estimates of $2.98 billion. United States Steel Corporation had a net margin of 0.24% and a return on equity of 6.50%. The firm's revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.32) earnings per share. View United States Steel Corporation's Earnings History.
When will United States Steel Corporation make its next earnings announcement?
What guidance has United States Steel Corporation issued on next quarter's earnings?
United States Steel Corporation updated its FY17 earnings guidance on Tuesday, July, 25th. The company provided EPS guidance of $1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.08.
Where is United States Steel Corporation's stock going? Where will United States Steel Corporation's stock price be in 2017?
17 analysts have issued 12-month price objectives for United States Steel Corporation's shares. Their forecasts range from $1.48 to $51.00. On average, they expect United States Steel Corporation's share price to reach $27.59 in the next twelve months. View Analyst Ratings for United States Steel Corporation.
What are analysts saying about United States Steel Corporation stock?
Here are some recent quotes from research analysts about United States Steel Corporation stock:
- 1. According to Zacks Investment Research, "The estimates for the current quarter and fiscal for U.S. Steel have been going down lately. The company is facing certain operational issues in its Flat-Rolled unit. U.S Steel also cut its EBITDA (earnings before interest, income taxes, depreciation and amortization) and earnings guidance for 2017. U.S. Steel has underperformed the Zacks Categorized Steel-Producers industry over the past six months. Moreover, downtime associated with the implementation of the asset revitalization plan is expected to affect its production volumes in 2017. Its tubular business also faces weak demand in the energy market." (5/23/2017)
- 2. Rosenblatt Securities analysts commented, "We increased estimates for U.S. Steel (X) to reflect the favorable trends evident throughout the Oil-Country Tubular Goods (OCTG) market. Communications with energy-related metal distributors implies potential upside opportunity for the domestic manufacturers during 2H17. Specifically, we believe the X Tubular Segment could realize a 30-40% volume improvement over the next 4- 5 quarters, supported by real consumption growth and a channel refill (in certain areas). Our revised 2017 EPS forecast is $2.83 (up $0.11), which is supporting a new 12-month price target of $35 per share (up from $29-30)." (2/27/2017)
- 3. Jefferies Group LLC analysts commented, "X last night reported 4Q16 adj. EPS of $0.27, exceeding JEFe -$0.18 and cons -$0.03, and reported EBITDA of $211m, exceeding JEFe $166m and cons $181m. However, 2017 EBITDA guidance of $1.3b likely falls short investors' expectations ~$1.5b, despite coming above cons $1.2b. Encouragingly, X noted it starts 2017 with improving market conditions and with continued savings benefits from Carnegie Way as it embarks on asset revitalization investment. Reiterate Buy." (2/1/2017)
Are investors shorting United States Steel Corporation?
United States Steel Corporation saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 28,642,807 shares, a decrease of 9.4% from the July 14th total of 31,628,804 shares. Based on an average trading volume of 20,938,192 shares, the short-interest ratio is presently 1.4 days. Currently, 16.6% of the shares of the company are sold short.
Who are some of United States Steel Corporation's key competitors?
Some companies that are related to United States Steel Corporation include Steel Dynamics (STLD), Gerdau S.A. (GGB), National Steel Company (SID), Cliffs Natural Resources (CLF), Commercial Metals Company (CMC), Grupo Simec SAB de CV (SIM), Carpenter Technology Corporation (CRS), Mechel PAO (MTL), Gibraltar Industries (ROCK), SunCoke Energy Partners, L.P. (SXCP), SunCoke Energy (SXC), Dynamic Materials Corp. (BOOM), L.B. Foster Company (FSTR), Olympic Steel (ZEUS), Northwest Pipe Company (NWPX), Synalloy Corporation (SYNL) and Bushveld Minerals Limited (BMN).
Who are United States Steel Corporation's key executives?
United States Steel Corporation's management team includes the folowing people:
- David B. Burritt, President, Chief Executive Officer, Director
- Kevin P. Bradley, Chief Financial Officer, Executive Vice President
- Barry Melnkovic, Chief Human Resource Officer, Vice President
- Suzanne Rich Folsom, Senior Vice President - Government Affairs, Chief Compliance Officer, General Counsel
- James E. Bruno, Senior Vice President - Automotive Solutions
- Douglas R. Matthews, Senior Vice President - Industrial, Service Center and Mining Solutions
- David J. Rintoul, Senior Vice President - Tubular Business
- Sara A. Ulbrich-Greenstein, Senior Vice President - Consumer Solutions
- Pipasu H. Soni, Vice President - Finance
- Colleen M. Darragh, Vice President, Controller
Who owns United States Steel Corporation stock?
United States Steel Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.27%), BlackRock Inc. (8.20%), State Street Corp (3.37%), Gallagher Fiduciary Advisors LLC (2.15%), Dimensional Fund Advisors LP (1.86%) and Bank of New York Mellon Corp (1.10%). Company insiders that own United States Steel Corporation stock include David B Burritt, David J Rintoul, David Sutherland, James E Bruno, Mario Longhi Filho, Paul Anthony Mascarenas, Sara A Greenstein and Stephen J Girsky. View Institutional Ownership Trends for United States Steel Corporation.
Who sold United States Steel Corporation stock? Who is selling United States Steel Corporation stock?
United States Steel Corporation's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Teachers Advisors LLC, TIAA CREF Investment Management LLC, Cornerstone Capital Management Holdings LLC., Chicago Equity Partners LLC, Teacher Retirement System of Texas, Bluestein R H & Co. and Prudential Financial Inc.. Company insiders that have sold United States Steel Corporation stock in the last year include David B Burritt, David J Rintoul, James E Bruno, Mario Longhi Filho and Sara A Greenstein. View Insider Buying and Selling for United States Steel Corporation.
Who bought United States Steel Corporation stock? Who is buying United States Steel Corporation stock?
United States Steel Corporation's stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Hodges Capital Management Inc., Jennison Associates LLC, Ameriprise Financial Inc., Marshall Wace North America L.P., State Street Corp, Russell Investments Group Ltd. and Honeywell International Inc.. Company insiders that have bought United States Steel Corporation stock in the last two years include David Sutherland, Paul Anthony Mascarenas and Stephen J Girsky. View Insider Buying and Selling for United States Steel Corporation.
How do I buy United States Steel Corporation stock?
Shares of United States Steel Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is United States Steel Corporation's stock price today?
One share of United States Steel Corporation stock can currently be purchased for approximately $23.70.
MarketBeat Community Rating for United States Steel Corporation (NYSE X)MarketBeat's community ratings are surveys of what our community members think about United States Steel Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for United States Steel Corporation (NYSE:X) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Sell Ratings, 7 Hold Ratings, 7 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.24) |
| Consensus Price Target: | $27.59 (16.42% upside) |
Analysts' Ratings History for United States Steel Corporation (NYSE:X)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/9/2017 | Barclays PLC | Reiterated Rating | Equal Weight | $24.00 -> $25.00 | Low |  |
| 7/28/2017 | Argus | Boost Price Target | Buy | $1.48 | Low | |
| 7/28/2017 | Citigroup Inc. | Downgrade | Neutral -> Sell | $26.00 -> $20.00 | High | |
| 7/27/2017 | J P Morgan Chase & Co | Reiterated Rating | Top Pick -> Overweight | $51.00 | High | |
| 7/27/2017 | Longbow Research | Downgrade | Buy -> Neutral | | High | |
| 7/27/2017 | Cowen and Company | Boost Price Target | Market Perform -> Market Perform | $21.00 -> $24.00 | High | |
| 7/26/2017 | Credit Suisse Group | Reiterated Rating | Outperform | $29.00 -> $34.00 | Low | |
| 7/25/2017 | Axiom Securities | Reiterated Rating | Sell | | High | |
| 7/21/2017 | Morgan Stanley | Reiterated Rating | Overweight | | Low | |
| 7/19/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $33.00 | High | |
| 7/4/2017 | BMO Capital Markets | Set Price Target | Hold | $24.00 | Low | |
| 6/23/2017 | Deutsche Bank AG | Upgrade | Hold -> Buy | $30.00 | High | |
| 6/7/2017 | Standpoint Research | Upgrade | Hold -> Buy | $28.00 | High | |
| 4/28/2017 | Macquarie | Downgrade | Neutral -> Underperform | $30.00 -> $18.00 | Medium | |
| 4/26/2017 | Bank of America Corporation | Downgrade | Buy -> Neutral | | High | |
| 2/27/2017 | Rosenblatt Securities | Reiterated Rating | Neutral | $35.00 | N/A | |
| 11/3/2016 | Clarkson Capital | Upgrade | Sell -> Neutral | | N/A | |
| 8/19/2016 | KeyCorp | Downgrade | Sector Weight -> Underweight | $21.81 -> $18.00 | N/A | |
| 3/9/2016 | Northland Securities | Boost Price Target | Neutral | $8.00 -> $11.00 | N/A | |
| 3/9/2016 | Nomura | Lower Price Target | Neutral | $11.00 -> $8.00 | N/A | |
| 9/9/2015 | BB&T Corporation | Initiated Coverage | Hold | | N/A | |
(Data available from 8/20/2015 forward)
Earnings History for United States Steel Corporation (NYSE:X)Earnings History by Quarter for United States Steel Corporation (NYSE X)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2017 | | $0.74 | | | | | N/A | |
| 7/25/2017 | Q2 2017 | $0.41 | $1.07 | $2.98 billion | $3.14 billion | View | N/A | |
| 4/25/2017 | Q1 2017 | $0.35 | ($0.83) | $2.91 billion | $2.73 billion | View | N/A | |
| 1/31/2017 | Q4 2016 | $0.01 | $0.27 | $2.65 billion | $2.65 billion | View | N/A | |
| 7/26/2016 | Q2 | ($0.49) | ($0.31) | $2.68 billion | $2.58 billion | View | N/A | |
| 4/26/2016 | Q1 | ($1.23) | ($2.15) | $2.51 billion | $2.34 billion | View | N/A | |
| 1/26/2016 | Q4 | ($0.83) | ($0.23) | $2.52 billion | $2.57 billion | View | Listen | |
| 11/3/2015 | Q3 | ($0.18) | ($0.70) | $2.97 billion | $2.83 billion | View | Listen | |
| 7/28/2015 | Q215 | ($0.65) | ($0.79) | $3.06 billion | $2.90 billion | View | Listen | |
| 4/28/2015 | Q115 | $0.12 | ($0.07) | $3.43 billion | $3.27 billion | View | N/A | |
| 1/27/2015 | Q414 | $0.87 | $1.83 | $3.96 billion | $4.07 billion | View | N/A | |
| 10/28/2014 | Q314 | $1.17 | $2.16 | $4.56 billion | $4.59 billion | View | N/A | |
| 7/29/2014 | Q214 | ($0.27) | $0.17 | $4.23 billion | $4.40 billion | View | Listen | |
| 4/29/2014 | Q114 | $0.32 | $0.27 | $4.51 billion | $4.45 billion | View | Listen | |
| 1/28/2014 | Q413 | ($0.25) | ($0.41) | $4.36 billion | | View | Listen | |
| 7/30/2013 | Q2 2013 | ($0.77) | ($0.54) | $4.61 billion | $4.43 billion | View | Listen | |
| 4/30/2013 | Q1 2013 | ($0.19) | ($0.16) | $4.66 billion | $4.60 billion | View | Listen | |
| 1/29/2013 | Q4 2012 | ($0.78) | ($0.35) | $4.33 billion | $4.49 billion | View | Listen | |
| 10/30/2012 | Q312 | | $0.01 | $4.64 billion | $4.65 billion | View | N/A | |
| 7/31/2012 | | $0.48 | $0.69 | | | View | N/A | |
| 4/24/2012 | | $0.46 | $0.67 | | | View | N/A | |
| 1/31/2012 | | ($0.84) | ($1.14) | | | View | N/A | |
| 10/25/2011 | | $0.55 | $0.72 | | | View | N/A | |
| 7/25/2011 | | $1.21 | $1.33 | | | View | N/A | |
| 4/26/2011 | | ($0.37) | ($0.60) | | | View | N/A | |
| 1/25/2011 | | ($1.12) | ($1.86) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for United States Steel Corporation (NYSE:X)2017 EPS Consensus Estimate: $2.27
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.25 | $0.45 | $0.35 |
| Q2 2017 | 2 | $0.28 | $0.79 | $0.54 |
| Q3 2017 | 2 | $0.57 | $0.60 | $0.59 |
| Q4 2017 | 1 | $0.80 | $0.80 | $0.80 |
(Data provided by Zacks Investment Research)
Current Dividend Information for United States Steel Corporation (NYSE:X)| Next Dividend: | 9/8/2017 |
| Annual Dividend: | $0.20 |
| Dividend Yield: | 0.84% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 125.00% (Trailing 12 Months of Earnings)
12.74% (Based on This Year's Estimates)
7.75% (Based on Next Year's Estimates)
|
Dividend History by Quarter for United States Steel Corporation (NYSE X)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/25/2017 | quarterly | $0.05 | 0.76% | 8/7/2017 | 8/9/2017 | 9/8/2017 |
| 4/25/2017 | quarterly | $0.05 | 0.88% | 5/8/2017 | 5/10/2017 | 6/9/2017 |
| 1/31/2017 | quarterly | $0.05 | 0.64% | 2/8/2017 | 2/10/2017 | 3/10/2017 |
| 11/2/2016 | Quarterly | $0.05 | | 11/8/2016 | 11/11/2016 | 12/12/2016 |
| 11/1/2016 | quarterly | $0.05 | | 11/9/2016 | 11/11/2016 | 12/10/2016 |
| 7/26/2016 | quarterly | $0.05 | | 8/8/2016 | 8/10/2016 | 9/10/2016 |
| 4/26/2016 | quarterly | $0.05 | | 5/9/2016 | 5/11/2016 | 6/10/2016 |
| 1/26/2016 | quarterly | $0.05 | | 2/9/2016 | 2/11/2016 | 3/10/2016 |
| 11/3/2015 | quarterly | $0.05 | | 11/10/2015 | 11/13/2015 | 12/10/2015 |
| 7/28/2015 | quarterly | $0.05 | | 8/10/2015 | 8/12/2015 | 9/10/2015 |
| 4/28/2015 | quarterly | $0.05 | 0.84% | 5/11/2015 | 5/13/2015 | 6/10/2015 |
| 1/30/2015 | quarterly | $0.05 | 0.82% | 2/9/2015 | 2/11/2015 | 3/10/2015 |
| 10/28/2014 | quarterly | $0.05 | 0.5% | 11/7/2014 | 11/12/2014 | 12/10/2014 |
| 7/29/2014 | quarterly | $0.05 | 0.61% | 8/11/2014 | 8/13/2014 | 9/10/2014 |
| 4/29/2014 | quarterly | $0.05 | 0.77% | 5/12/2014 | 5/14/2014 | 6/10/2014 |
| 1/28/2014 | quarterly | $0.05 | 0.78% | 2/10/2014 | 2/12/2014 | 3/10/2014 |
| 10/29/2013 | quarterly | $0.05 | 0.81% | 11/8/2013 | 11/13/2013 | 12/10/2013 |
| 7/30/2013 | quarterly | $0.05 | 1.15% | 8/12/2013 | 8/14/2013 | 9/10/2013 |
| 4/30/2013 | quarterly | $0.05 | 1.16% | 5/10/2013 | 5/14/2013 | 6/10/2013 |
| 1/29/2013 | quarterly | $0.05 | 0.9% | 2/8/2013 | 2/12/2013 | 3/8/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for United States Steel Corporation (NYSE:X)Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 69.00%
Insider Trades by Quarter for United States Steel Corporation (NYSE:X)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/18/2017 | Paul Anthony Mascarenas | Director | Buy | 1,500 | $19.31 | $28,965.00 | |
| 5/16/2017 | Stephen J Girsky | Director | Buy | 2,500 | $19.94 | $49,850.00 | |
| 5/12/2017 | David Sutherland | Director | Buy | 10,000 | $19.96 | $199,600.00 | |
| 12/7/2016 | Sara A Greenstein | VP | Sell | 2,128 | $35.34 | $75,203.52 | |
| 12/5/2016 | Mario Longhi Filho | CEO | Sell | 54,500 | $35.00 | $1,907,500.00 | |
| 12/2/2016 | David J Rintoul | VP | Sell | 16,353 | $33.48 | $547,498.44 | |
| 11/28/2016 | James E Bruno | VP | Sell | 704 | $32.10 | $22,598.40 | |
| 11/28/2016 | Mario Longhi Filho | CEO | Sell | 277,200 | $32.25 | $8,939,700.00 | |
| 11/23/2016 | David B Burritt | VP | Sell | 51,791 | $32.56 | $1,686,314.96 | |
| 11/16/2016 | David J Rintoul | VP | Sell | 18,330 | $28.19 | $516,722.70 | |
| 5/5/2016 | Stephen J Girsky | Director | Buy | 2,000 | $18.94 | $37,880.00 | |
| 2/4/2015 | David B Burritt | CFO | Buy | 40,083 | $24.90 | $998,066.70 | |
| 2/2/2015 | Patricia Diaz Dennis | Director | Buy | 1,000 | $24.00 | $24,000.00 | |
| 1/30/2015 | Robert J Stevens | Director | Buy | 1,000 | $22.86 | $22,860.00 | |
| 11/11/2014 | Mario Longhi Filho | CEO | Buy | 28,362 | $35.24 | $999,476.88 | |
| 11/10/2014 | David B Burritt | CFO | Buy | 26,489 | $37.56 | $994,926.84 | |
| 11/7/2014 | Michael S Williams | SVP | Sell | 44,807 | $37.39 | $1,675,333.73 | |
| 5/8/2014 | Michael Williams | SVP | Sell | 5,000 | $25.57 | $127,850.00 | |
| 3/4/2014 | Michael Williams | SVP | Sell | 3,000 | $24.41 | $73,230.00 | |
| 2/4/2014 | Murry Gerber | Director | Buy | 14,400 | $25.21 | $363,024.00 | |
| 1/3/2014 | Robert Mcdonald | Director | Buy | 1,000 | $29.84 | $29,840.00 | |
| 5/13/2013 | Murry Gerber | Director | Buy | 72,075 | $18.99 | $1,368,704.25 | |
| 5/8/2013 | Murry Gerber | Director | Buy | 12,925 | $18.50 | $239,112.50 | |
| 5/2/2013 | Thomas William Lasorda | Director | Buy | 2,000 | $17.44 | $34,880.00 | |
| 8/7/2012 | Murry Gerber | Director | Buy | 1,000 | $23.40 | $23,400.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for United States Steel Corporation (NYSE:X)
Latest Headlines for United States Steel Corporation (NYSE:X)
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United States Steel Corporation (X) Chart for Sunday, August, 20, 2017
