United States Steel (X) Projected to Post Quarterly Earnings on Thursday

United States Steel (NYSE:X - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.35) per share and revenue of $3.54 billion for the quarter.

United States Steel (NYSE:X - Get Free Report) last released its quarterly earnings data 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%. On average, analysts expect United States Steel to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

United States Steel Trading Up 0.4 %

NYSE:X traded up $0.17 on Tuesday, reaching $43.42. The stock had a trading volume of 416,951 shares, compared to its average volume of 5,457,575. The company has a market cap of $9.83 billion, a price-to-earnings ratio of 29.14, a P/E/G ratio of 1.53 and a beta of 1.79. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.55 and a quick ratio of 0.91. The firm's fifty day moving average is $40.51 and its two-hundred day moving average is $38.12. United States Steel has a 12-month low of $26.92 and a 12-month high of $46.18.

United States Steel Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, February 10th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $0.20 dividend on an annualized basis and a yield of 0.46%. United States Steel's dividend payout ratio (DPR) is 13.42%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on X. BMO Capital Markets restated a "market perform" rating and issued a $45.00 price target on shares of United States Steel in a report on Monday, March 31st. Morgan Stanley raised their price target on shares of United States Steel from $39.00 to $43.00 and gave the company an "equal weight" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $38.00 price objective (down from $43.00) on shares of United States Steel in a report on Wednesday, April 16th. Jefferies Financial Group reduced their target price on shares of United States Steel from $45.00 to $40.00 and set a "buy" rating for the company in a report on Monday, January 6th. Finally, Bank of America began coverage on shares of United States Steel in a research note on Monday, January 6th. They issued a "neutral" rating and a $35.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, United States Steel has a consensus rating of "Hold" and an average price target of $39.94.

About United States Steel

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.