NYSE:X - United 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 decreased by 0.5% and is now trading at $5.96. 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) posted its quarterly earnings results on Thursday, January, 30th. The basic materials company reported ($0.64) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($1.11) by $0.47. The basic materials company had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.77 billion. United States Steel had a positive return on equity of 0.36% and a negative net margin of 4.96%. The firm's quarterly revenue was down 23.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $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 given a dividend of $0.01 per share on Tuesday, March 10th. This represents a $0.04 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Friday, February 7th. View United States Steel's dividend history.

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

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

16 analysts have issued 1 year price objectives for United States Steel's shares. Their forecasts range from $6.00 to $14.00. On average, they expect United States Steel's stock price to reach $10.15 in the next year. This suggests a possible upside of 70.3% from the stock's current price. View analysts' price targets for United States Steel.

Headlines about X stock have trended very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news 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 media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines 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 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), Advanced Micro Devices (AMD) and General Electric (GE).

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 $5.96.

United States Steel has a market capitalization of $1.01 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]