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NYSE:X

United States Steel (X) Stock Price, News & Analysis

$37.21
+0.43 (+1.17%)
(As of 11:15 AM ET)

About United States Steel Stock (NYSE:X)

Key Stats

Today's Range
$37.04
$37.94
50-Day Range
$29.39
$42.28
52-Week Range
$26.92
$50.20
Volume
1.76 million shs
Average Volume
4.51 million shs
Market Capitalization
$8.37 billion
P/E Ratio
10.91
Dividend Yield
0.54%
Price Target
$39.76
Consensus Rating
Moderate Buy

Company Overview

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. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical steel products. This segment serves customers in the automotive, construction, pipe and tube, sheet converter, electrical, solar industrial equipment, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. It also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

United States Steel Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 83rd Percentile

United States Steel scored higher than 83% of companies evaluated by MarketBeat, and ranked 63rd out of 197 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    United States Steel has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    United States Steel has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about United States Steel's stock forecast and price target.
  • Earnings Growth

    Earnings for United States Steel are expected to grow by 20.47% in the coming year, from $2.15 to $2.59 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of United States Steel is 10.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.52.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of United States Steel is 10.91, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 126.96.

  • Price to Book Value per Share Ratio

    United States Steel has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about United States Steel's valuation and earnings.
  • Percentage of Shares Shorted

    8.87% of the float of United States Steel has been sold short.
  • Short Interest Ratio / Days to Cover

    United States Steel has a short interest ratio ("days to cover") of 4.2.
  • Change versus previous month

    Short interest in United States Steel has recently increased by 9.69%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    United States Steel has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    United States Steel does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of United States Steel is 5.87%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, United States Steel will have a dividend payout ratio of 7.72% next year. This indicates that United States Steel will be able to sustain or increase its dividend.

  • Read more about United States Steel's dividend.
  • Percentage of Shares Shorted

    8.87% of the float of United States Steel has been sold short.
  • Short Interest Ratio / Days to Cover

    United States Steel has a short interest ratio ("days to cover") of 4.2.
  • Change versus previous month

    Short interest in United States Steel has recently increased by 9.69%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    United States Steel has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 32 news articles for United States Steel this week, compared to 12 articles on an average week.
  • Search Interest

    47 people have searched for X on MarketBeat in the last 30 days. This is an increase of 68% compared to the previous 30 days.
  • MarketBeat Follows

    Only 7 people have added United States Steel to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, United States Steel insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.98% of the stock of United States Steel is held by insiders.

  • Percentage Held by Institutions

    81.92% of the stock of United States Steel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about United States Steel's insider trading history.

X Stock News Headlines

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MarketBeat Week in Review – 9/9 - 9/13 (X)
Markets were mostly positive this week as benign inflation numbers did nothing to dampen expectations that the Federal Reserve will cut interest rates
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3 Steel Stocks to Buy for a Tariff Tailwind
The combination of sustained tariffs on Chinese steel and lower interest rates make these three steel stocks ones to watch heading into 2025
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A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
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3 Stocks to Watch as Call Option Activity Heats Up (X)
Three stocks were the choice for option traders to buy thousands of call options on, as the potential upside is confirmed by Wall Street analysts
Different metal rolled products. Stainless steel profiles United States Steel
Don’t Miss Out: U.S. Steel Stock Poised for a Major Rally
United States Steel stock has sold off by 30% recently, and now responsive buyers are starting to pour into the stock as they realize the upside is unfair today
U.S. Steel Stock Is Rising. 3 Reasons Why.
United States Steel (NYSE:X) Updates Q3 2024 Earnings Guidance
See More Headlines

X Stock Analysis - Frequently Asked Questions

United States Steel's stock was trading at $48.65 at the beginning of the year. Since then, X stock has decreased by 23.5% and is now trading at $37.21.
View the best growth stocks for 2024 here
.

United States Steel Co. (NYSE:X) announced its earnings results on Thursday, August, 1st. The basic materials company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.72 by $0.12. The company's quarterly revenue was down 17.8% on a year-over-year basis.

United States Steel's top institutional investors include Pentwater Capital Management LP, Bluefin Capital Management LLC, Dimensional Fund Advisors LP (3.38%) and Donald Smith & CO. Inc. (1.95%). Insiders that own company stock include David B Burritt, Christine S Breves, Scott D Buckiso, Duane D Holloway, Daniel R Brown, Kenneth E Jaycox, Richard Fruehauf, James E Bruno, Manpreet Grewal, Alicia J Davis and Andrea J Ayers.
View institutional ownership trends
.

Shares of X stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that United States Steel investors own include NVIDIA (NVDA), Bank of America (BAC), Netflix (NFLX), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA) and Ford Motor (F).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 9/11 Dividend
8/12/2024
Dividend Payable
9/11/2024
Today
9/19/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel
CUSIP
91290910
Employees
21,803
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$39.76
High Stock Price Target
$49.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+5.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$895 million
Pretax Margin
3.70%

Debt

Sales & Book Value

Annual Sales
$18.05 billion
Cash Flow
$9.61 per share
Book Value
$49.79 per share

Miscellaneous

Free Float
222,646,000
Market Cap
$8.52 billion
Optionable
Optionable
Beta
1.88

This page (NYSE:X) was last updated on 9/19/2024 by MarketBeat.com Staff
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