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. Since then, X stock has increased by 22.9% and is now trading at $7.36. 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) released its earnings results 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 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%. United States Steel's revenue for the quarter was down 21.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 EPS. View United States Steel's earnings history.

United States Steel announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, May 11th will be paid a dividend of $0.01 per share on Wednesday, June 10th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.54%. 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 has approved a share repurchase plan on Thursday, November 1st 2018, which allows the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

United States Steel updated its second quarter 2020 Pre-Market earnings guidance on Wednesday, June, 17th. The company provided 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 12 month price objectives for United States Steel's shares. Their forecasts range from $4.00 to $10.50. On average, they expect United States Steel's stock price to reach $8.11 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View analysts' price targets for United States Steel.

Media stories about X stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. 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 coverage optimism score of -3.8 on InfoTrie's scale. They also assigned press 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 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."

United States Steel's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), Exane Derivatives (0.01%) and FNY Investment Advisers LLC (0.00%). Company insiders that own United States Steel stock include James E Bruno, Kevin Bradley, Michael H Mcgarry and Stephen J Girsky. View institutional ownership trends for United States Steel.

X stock was sold by a variety of institutional investors in the last quarter, including Exane Derivatives, and Envestnet Asset Management Inc.. View insider buying and selling activity for United States Steel.

X stock was bought by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. 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.

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 $7.36.

United States Steel has a market capitalization of $1.25 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]