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 stock has increased by 14.7% and is now trading at $6.87.
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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."
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United States Steel is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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United States Steel Co. (NYSE:X) announced its earnings results on Thursday, July, 30th. The basic materials company reported ($2.67) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($2.74) by $0.07. The basic materials company earned $2.09 billion during the quarter, compared to analysts' expectations of $1.69 billion. United States Steel had a negative return on equity of 18.78% and a negative net margin of 16.25%.
View United States Steel's earnings history.

United States Steel announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.01 per share on Thursday, September 10th. This represents a $0.04 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Friday, August 7th.
View United States Steel's dividend history.

United States Steel announced that its Board of Directors has authorized a share buyback plan on Thursday, November 1st 2018, which allows the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 6.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors 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 earnings per share estimate of $-1.75.

15 Wall Street analysts have issued 12-month target prices for United States Steel's stock. Their forecasts range from $4.00 to $10.50. On average, they expect United States Steel's share price to reach $8.11 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
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News coverage about X stock has been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. United States Steel earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock'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), Worthington Industries (WOR), Cleveland-Cliffs (CLF), Carpenter Technology (CRS), Allegheny Technologies (ATI), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).
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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 a variety of institutional and retail investors. Top institutional shareholders include Smith Graham & Co. Investment Advisors LP (0.26%), Comerica Bank (0.08%), First Trust Advisors LP (0.08%), Creative Planning (0.06%), State of Michigan Retirement System (0.05%) and GWM Advisors LLC (0.03%). 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 First Trust Advisors LP, Creative Planning, Exane Derivatives, NuWave Investment Management LLC, and Envestnet Asset Management Inc..
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X stock was bought by a variety of institutional investors in the last quarter, including GWM Advisors LLC, ProShare Advisors LLC, Comerica Bank, State of Michigan Retirement System, Regal Investment Advisors LLC, Centric Wealth Management, Profund Advisors LLC, and National Asset Management Inc.. 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 $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.

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]