United States Steel - X Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for United States Steel in the last twelve months. There are currently 3 sell ratings, 1 hold rating and 1 buy rating 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.
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5 equities research analysts have issued 12 month target prices for United States Steel's stock. Their X share price forecasts range from $18.00 to $37.00. On average, they anticipate the company's share price to reach $25.14 in the next twelve months. This suggests that the stock has a possible downside of 16.3%.
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United States Steel's stock was trading at $25.05 on January 1st, 2023. Since then, X stock has increased by 20.0% and is now trading at $30.05.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
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United States Steel Co. (NYSE:X) posted its quarterly earnings results on Friday, February, 3rd. The basic materials company reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.27. The basic materials company earned $4.34 billion during the quarter, compared to analysts' expectations of $4.01 billion. United States Steel had a net margin of 11.98% and a trailing twelve-month return on equity of 26.82%. The firm's quarterly revenue was down 22.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.64 EPS.

United States Steel declared a quarterly dividend on Thursday, February 2nd. Shareholders of record on Monday, February 13th will be paid a dividend of $0.05 per share on Tuesday, March 14th. This represents a $0.20 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Friday, February 10th.
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 0.67%. The dividend payout ratio is 2.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, X will have a dividend payout ratio of 13.99% next year. This indicates that the company will be able to sustain or increase its dividend.
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United States Steel announced that its board has initiated a stock repurchase plan on Thursday, July 28th 2022, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 8.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

United States Steel issued an update on its fourth quarter 2022 earnings guidance on Thursday, December, 15th. The company provided EPS guidance of $0.58-$0.63 for the period, compared to the consensus earnings per share estimate of $0.43. 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."

United States Steel's stock is owned by many different institutional and retail investors. Top institutional investors include New York State Teachers Retirement System (0.12%), Wedge Capital Management L L P NC (0.11%), Smith Graham & Co. Investment Advisors LP (0.07%), Private Advisor Group LLC (0.06%), Leuthold Group LLC (0.06%) and State of New Jersey Common Pension Fund D (0.06%). Insiders that own company stock include Christine S Breves, David B Burritt, Duane D Holloway, James E Bruno, Manpreet Grewal, Scott D Buckiso and Tracy A Atkinson.
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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.
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One share of X stock can currently be purchased for approximately $30.05.

United States Steel (NYSE:X) has a market capitalization of $7.04 billion and generates $21.07 billion in revenue each year. The basic materials company earns $4.17 billion in net income (profit) each year or $8.97 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.