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 (WHO). Since then, X shares have increased by 18.0% and is now trading at $7.07. 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, topping the Zacks' consensus estimate of ($0.80) by $0.07. The basic materials company earned $2.75 billion during the quarter, compared to analysts' expectations of $2.79 billion. United States Steel had a negative net margin of 8.92% and a negative return on equity of 4.63%. The company's revenue was down 21.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 EPS. View United States Steel's earnings history.

United States Steel announced a quarterly dividend on Thursday, April 30th. Investors 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 yield of 0.57%. The ex-dividend date is Friday, May 8th. View United States Steel's dividend history.

United States Steel declared that its board has initiated a stock buyback plan on Thursday, November 1st 2018, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 6.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

United States Steel issued an update on its second quarter 2020 Pre-Market earnings guidance on Wednesday, June, 17th. The company provided earnings per share guidance of -3.06--3.06 for the period, compared to the Thomson Reuters consensus estimate of $-1.75.

15 Wall Street analysts have issued twelve-month target prices for United States Steel's shares. Their forecasts range from $4.00 to $10.50. On average, they anticipate United States Steel's share price to reach $8.11 in the next year. This suggests a possible upside of 14.7% from the stock's current price. View analysts' price targets for United States Steel.

News headlines about X stock have been trending negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive 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 five, with scores closest to five being the most favorable. United States Steel earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media 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 impact on the company's share price in the near 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."

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 $7.07.

United States Steel has a market capitalization of $1.20 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]