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NYSE:XUnited States Steel Stock Price, Forecast & News

$8.04
-0.23 (-2.78 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$7.89
Now: $8.04
$8.20
50-Day Range
$6.51
MA: $7.35
$8.54
52-Week Range
$4.54
Now: $8.04
$15.90
Volume9.69 million shs
Average Volume12.14 million shs
Market Capitalization$1.37 billion
P/E RatioN/A
Dividend Yield0.48%
Beta2.63
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through three segments: North American Flat-Rolled (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, strip mill plates, sheets and tin mill products, as well as all iron ore and coke. This segment serves customers in the service center, conversion, automotive, construction, container, and appliance and electrical markets. The USSE segment provides slabs, strip mill plate, sheet, tin mill products, and spiral welded pipes, as well as heating radiators, and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.8Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.54 out of 5 stars


Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
CUSIP91290910
Phone412-433-1121

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.94 billion
Cash Flow$3.61 per share
Book Value$21.87 per share

Profitability

Net Income$-630,000,000.00

Miscellaneous

Employees27,500
Market Cap$1.37 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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United States Steel (NYSE:X) Frequently Asked Questions

How has United States Steel's stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, X shares have increased by 34.2% and is now trading at $8.04. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of United States Steel?

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.

When is United States Steel's next earnings date?

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.

How were United States Steel's earnings last quarter?

United States Steel Co. (NYSE:X) issued its quarterly earnings data on Thursday, April, 30th. The basic materials company reported ($0.73) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.80) by $0.07. The basic materials company had revenue of $2.75 billion for the quarter, compared to analysts' expectations 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 firm's revenue for the quarter was down 21.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.47 EPS. View United States Steel's earnings history.

How often does United States Steel pay dividends? What is the dividend yield for United States Steel?

United States Steel declared a quarterly dividend on Thursday, April 30th. Stockholders 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 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Friday, May 8th. View United States Steel's dividend history.

How will United States Steel's stock buyback program work?

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

What guidance has United States Steel issued on next quarter's earnings?

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

What price target have analysts set for X?

16 equities research analysts have issued 1-year price objectives for United States Steel's stock. Their forecasts range from $4.00 to $12.00. On average, they expect United States Steel's stock price to reach $8.50 in the next year. This suggests a possible upside of 5.7% from the stock's current price. View analysts' price targets for United States Steel.

Has United States Steel been receiving favorable news coverage?

News articles about X stock have trended extremely negative on Sunday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. United States Steel earned a media sentiment score of -4.3 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutUnited States Steel.

Are investors shorting United States Steel?

United States Steel saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 54,110,000 shares, a decrease of 15.5% from the April 30th total of 64,020,000 shares. Based on an average daily trading volume, of 17,090,000 shares, the short-interest ratio is presently 3.2 days. Currently, 32.3% of the company's stock are sold short. View United States Steel's Current Options Chain.

Who are some of United States Steel's key competitors?

What other stocks do shareholders of United States Steel own?

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).

Who are United States Steel's key executives?

United States Steel's management team includes the following people:
  • Mr. David Boyd Burritt, Pres, CEO & Director (Age 64)
  • Mr. Kevin Patrick Bradley, Exec. VP & CFO (Age 56)
  • Mr. Duane D. Holloway, Sr. VP, Gen. Counsel, Chief Ethics & Compliance Officer and Corp. Sec. (Age 46)
  • Mr. Douglas R. Matthews, Sr. VP of Industrial, Service Center & Mining Solutions and Interim Head of Tubular (Age 53)
  • Mr. Scott D. Buckiso, Sr. VP of Automotive Solutions (Age 52)

What is United States Steel's stock symbol?

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

Who are United States Steel's major shareholders?

United States Steel's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.66%), State Street Corp (3.36%), Morgan Stanley (3.16%), Morgan Stanley (3.16%), Bank of New York Mellon Corp (1.44%) and Luminus Management LLC (1.16%). Company insiders that own United States Steel stock include James E Bruno, Kevin Bradley, Michael H Mcgarry, Sara A Greenstein and Stephen J Girsky. View institutional ownership trends for United States Steel.

Which major investors are selling United States Steel stock?

X stock was sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, BlackRock Inc., Retirement Systems of Alabama, State Street Corp, South Dakota Investment Council, Principal Financial Group Inc., CoreCommodity Management LLC, and First Trust Advisors LP. View insider buying and selling activity for United States Steel.

Which major investors are buying United States Steel stock?

X stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Luminus Management LLC, Two Sigma Advisers LP, Voloridge Investment Management LLC, Drexel Morgan & Co., Advisor Group Holdings Inc., and Thrivent Financial for Lutherans. Company insiders that have bought United States Steel stock in the last two years include Kevin Bradley, Michael H Mcgarry, and Stephen J Girsky. View insider buying and selling activity for United States Steel.

How do I buy shares of United States Steel?

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.

What is United States Steel's stock price today?

One share of X stock can currently be purchased for approximately $8.04.

How big of a company is United States Steel?

United States Steel has a market capitalization of $1.37 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.

What is United States Steel's official website?

The official website for United States Steel is www.ussteel.com.

How can I contact United States Steel?

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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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