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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, X shares have increased by 70.1% and is now trading at $10.19. 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, 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, August 6th 2020. View our earnings forecast for United States Steel.

United States Steel Co. (NYSE:X) announced its quarterly earnings data on Thursday, April, 30th. The basic materials company reported ($0.73) EPS for the quarter, beating analysts' consensus estimates of ($0.80) by $0.07. The basic materials company earned $2.75 billion during the quarter, compared to the consensus estimate 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 firm's revenue was down 21.5% compared to the same quarter last year. During the same period in the previous 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. Investors 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 annualized dividend and a dividend yield of 0.39%. 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 initiated a stock buyback program on Thursday, November 1st 2018, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

United States Steel updated 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 estimate of $-0.84.

15 Wall Street analysts have issued 12 month target prices for United States Steel's shares. 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 twelve months. This suggests that the stock has a possible downside of 20.4%. View analysts' price targets for United States Steel.

Media stories about X stock have trended positive this week, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. United States Steel earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave headlines 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 impact on the company's share price in the near future. View the latest news aboutUnited States Steel.

United States Steel saw a decrease in short interest in 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 shares are sold short. View United States Steel's Current Options Chain.

Some companies that are related to United States Steel include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Cleveland-Cliffs (CLF), Commercial Metals (CMC), Worthington Industries (WOR), 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). 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 retail and institutional 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 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 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.

X stock was bought 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.

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 $10.19.

United States Steel has a market capitalization of $1.74 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]