KeyCorp Estimates United States Steel's Q2 Earnings (NYSE:X)

United States Steel Co. (NYSE:X - Free Report) - Stock analysts at KeyCorp issued their Q2 2026 earnings estimates for United States Steel in a research report issued on Sunday, February 9th. KeyCorp analyst P. Gibbs forecasts that the basic materials company will post earnings per share of $0.92 for the quarter. The consensus estimate for United States Steel's current full-year earnings is $1.75 per share. KeyCorp also issued estimates for United States Steel's Q3 2026 earnings at $0.93 EPS and FY2026 earnings at $3.39 EPS.

United States Steel (NYSE:X - Get Free Report) last issued its earnings results on Thursday, January 30th. The basic materials company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.38). United States Steel had a net margin of 2.46% and a return on equity of 4.27%.

A number of other research firms have also weighed in on X. Bank of America initiated coverage on shares of United States Steel in a research report on Monday, January 6th. They issued a "neutral" rating and a $35.00 price objective on the stock. Jefferies Financial Group lowered their price objective on shares of United States Steel from $45.00 to $40.00 and set a "buy" rating on the stock in a research report on Monday, January 6th. BMO Capital Markets lowered their price objective on shares of United States Steel from $43.00 to $40.00 and set an "outperform" rating on the stock in a research report on Friday, December 20th. Morgan Stanley restated an "equal weight" rating and set a $39.00 target price on shares of United States Steel in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased their target price on shares of United States Steel from $44.00 to $40.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $39.82.

United States Steel Stock Down 1.0 %

X stock traded down $0.40 during midday trading on Wednesday, reaching $38.42. 5,491,066 shares of the company were exchanged, compared to its average volume of 5,718,949. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.91 and a current ratio of 1.55. United States Steel has a 1-year low of $26.92 and a 1-year high of $48.13. The stock's 50-day simple moving average is $35.00 and its 200 day simple moving average is $36.99. The company has a market cap of $8.65 billion, a price-to-earnings ratio of 25.79, a price-to-earnings-growth ratio of 1.30 and a beta of 1.86.

United States Steel Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Monday, February 10th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Monday, February 10th. United States Steel's payout ratio is currently 13.42%.

Hedge Funds Weigh In On United States Steel

Institutional investors and hedge funds have recently bought and sold shares of the stock. Empirical Asset Management LLC purchased a new position in United States Steel in the 4th quarter worth approximately $525,000. ARS Investment Partners LLC purchased a new position in shares of United States Steel during the 4th quarter valued at approximately $15,510,000. Rockefeller Capital Management L.P. boosted its stake in shares of United States Steel by 646.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 506,694 shares of the basic materials company's stock valued at $17,902,000 after buying an additional 438,771 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of United States Steel by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 3,839,684 shares of the basic materials company's stock valued at $135,691,000 after buying an additional 37,528 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of United States Steel by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,600,708 shares of the basic materials company's stock valued at $91,883,000 after buying an additional 28,293 shares during the last quarter. Hedge funds and other institutional investors own 81.92% of the company's stock.

United States Steel Company Profile

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.