NYSE:XUnited States Steel Stock Price, Forecast & News

United States Steel's stock was trading at $5.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, X shares have increased by 14.7% and is now trading at $6.87. View which stocks have been mosted impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United States Steel in the last year. There are currently 8 sell ratings, 5 hold ratings and 3 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, May 7th 2020. View our earnings forecast for United States Steel.

United States Steel Co. (NYSE:X) issued its quarterly earnings results on Thursday, January, 30th. The basic materials company reported ($0.64) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.11) by $0.47. The basic materials company earned $2.82 billion during the quarter, compared to analysts' expectations of $2.77 billion. United States Steel had a positive return on equity of 0.36% and a negative net margin of 4.96%. United States Steel's quarterly revenue was down 23.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.82 earnings per share. View United States Steel's earnings history.

United States Steel declared a quarterly dividend on Thursday, January 30th. Investors of record on Monday, February 10th will be paid a dividend of $0.01 per share on Tuesday, March 10th. This represents a $0.04 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend is Friday, February 7th. View United States Steel's dividend history.

United States Steel announced that its Board of Directors has authorized a stock repurchase program on Thursday, November 1st 2018, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

United States Steel issued an update on its first quarter 2020 Pre-Market earnings guidance on Friday, March, 20th. The company provided EPS guidance of -0.8--0.8 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.84.

16 brokerages have issued 1-year price targets for United States Steel's shares. Their forecasts range from $6.00 to $14.00. On average, they anticipate United States Steel's share price to reach $10.15 in the next year. This suggests a possible upside of 47.7% from the stock's current price. View analysts' price targets for United States Steel.

News articles about X stock have been trending very negative on Wednesday, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. United States Steel earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutUnited States Steel.

Some companies that are related to United States Steel include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Worthington Industries (WOR), Cleveland-Cliffs (CLF), Allegheny Technologies (ATI), Carpenter Technology (CRS), AK Steel (AKS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).

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), Micron Technology (MU), Bank of America (BAC), AK Steel (AKS), Tesla (TSLA), Ford Motor (F), General Electric (GE) 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 $6.87.

United States Steel has a market capitalization of $1.17 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. View additional information about United States Steel.

The official website for United States Steel is http://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]