United States Steel Corporation (X)
| Market Cap | 8.54B |
| Revenue (ttm) | 17.74B |
| Net Income (ttm) | 867.00M |
| Shares Out | 224.85M |
| EPS (ttm) | 3.47 |
| PE Ratio | 10.95 |
| Forward PE | 10.85 |
| Dividend | $0.20 (0.53%) |
| Ex-Dividend Date | May 10, 2024 |
| Volume | 1,605,069 |
| Open | 38.08 |
| Previous Close | 37.97 |
| Day's Range | 37.82 - 38.35 |
| 52-Week Range | 20.40 - 50.20 |
| Beta | 2.07 |
| Analysts | Hold |
| Price Target | 34.73 (-8.61%) |
| Earnings Date | May 2, 2024 |
About X
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. ... [Read more]
Full Company ProfileFinancial Performance
In 2023, X's revenue was $18.05 billion, a decrease of -14.30% compared to the previous year's $21.07 billion. Earnings were $895.00 million, a decrease of -64.54%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for X stock is "Hold." The 12-month stock price forecast is $34.73, which is a decrease of -8.61% from the latest price.
News
US Steel Stock Rises After European Approval of Sale to Nippon Steel
U.S. Steel (X) shares finished 4.3% higher at $38.04 Monday after European regulators gave their approval of Nippon Steel's $14.9 billion purchase of the American steelmaker.
Nippon Steel delays closing of U.S. Steel acquisition after Justice Department request
TOKYO — Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation rel...
United States Steel Corporation Declares Dividend
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. T...
United States Steel Corporation Reports First Quarter 2024 Results
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) reported first quarter 2024 net earnings of $171 million, or $0.68 per diluted share. Adjusted net earnings was $206 million, or ...
U. S. Steel Battery-Powered Locomotives Receive “Governor's Award for Environmental Excellence” from the Pennsylvania Department of Environmental Protection
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) received the “Governor's Award for Environmental Excellence” from the Pennsylvania Department of...
Top 4 Materials Stocks That May Explode In Q2
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
US Steel ‘Guaranteed' to Stay American-Owned, President Biden Says
President Joe Biden vowed to keep United States Steel Corp. American-owned and called for higher tariffs on Chinese steel and aluminum as he sought to woo union workers ahead of November's election. K...
Biden to triple taxes on Chinese steel and block Japanese takeover of US Steel
President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucial
Biden says U.S. Steel should remain an American company
U.S. Steel should stay a U.S.-owned company, President Joe Biden said on Wednesday during remarks to steelworkers at an event in Pittsburgh.
Biden Goes Big on Steel. He's for Raising Tariffs and Against Japan's Bid for U.S. Steel.
The Administration argues that China is using unfair trade practices to flood the market.
Biden calls for tripling tariffs on Chinese steel, probing Beijing's potential unfair trade practices in shipbuilding
President Joe Biden's administration on Wednesday rolled out new measures that aim to protect U.S. industries and target China, with the effort coming as Biden is due to speak later in the day in Pitt...
Buy U.S. Steel Stock. It Won't Be Stuck in Deal Limbo Forever.
Its merger with Japan's Nippon is in doubt, but shares still look attractive.
United States Steel Corporation to Release First Quarter 2024 Financial Results on May 2, 2024
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2024 on Thursday, May 2, 2024, follo...
Opposition to Nippon Steel buyout of U.S. Steel '100% because of the election': Research firm
Timna Tanners, managing director at Wolfe Research, discusses U.S. lawmakers' opposition to the proposed $14.9 billion acquisition of U.S. Steel by Japan's Nippon Steel, saying "in a normal year, I th...
U.S. Steel shareholders vote on controversial Nippon deal
Japan's Nippon Steel cleared one hurdle in acquiring U.S. Steel with a key vote on Friday even as lawmakers raise red flags about foreign ownership of an American company.
U.S. Steel Shareholders Approve $14.9 Billion Nippon Steel Sale Amid Biden's Pushback
United States Steel announced Friday its shareholders approved the $14.1 billion sale of the company to Japan-based Nippon Steel, which has received pushback from regulators and President Joe Biden, w...
U. S. Steel Stockholders Approve Transaction with Nippon Steel Corporation (NSC)
PITTSBURGH--(BUSINESS WIRE)--Following the special meeting of stockholders (the “Special Meeting”) held earlier today, United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced that, based o...
U.S. Steel shareholders approve $14.9 bln buyout by Nippon Steel, Bloomberg reports
U.S. Steel shareholders have voted to approve the proposed $14.9 billion acquisition by Japan's Nippon Steel , taking the merger one step closer towards completion even as political opposition to the ...
U.S. Steel shareholders vote on Nippon Steel takeover: Here's what you need to know
Dan DiMicco, chairman emeritus at Nucor, joins CNBC's Squawk Box to explain why he is doesn't favor the acquisition of Pittsburgh-based U.S. Steel by Japanese-owned manufacturing giant Nippon Steel.
Nippon Steel Merger Scrutinized by Lawmakers
Opposition to the Nippon steel acquisition of US steel reaches Capitol Hill. Bloomberg's Tyler Kendall speaks to proponents and critics of the deal in Congress.
EU to decide on Nippon Steel's US Steel bid by May 17, approval a formality
Nippon Steel's $14.9 billion acquisition of U.S. Steel Corp will be decided by European Union antitrust regulators by May 17, with their approval a formality, a European Commission filing showed.
U.S. Steel, Nippon Merger Faces Another Hurdle. The Stock Is Down.
The Justice Department will look into the proposed takeover of U.S. Steel by Nippon Steel, according to reports.
Biden, Japanese leader decline to say if they talked about Nippon's buyout of U.S. Steel
U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida didn't respond to a reporter's question Wednesday about whether they discussed Nippon Steel Corp.'s proposed $14 billion buyout of Un...
Biden Backs Workers Opposed to US Steel Sale
President Joe Biden reiterated his support for US workers opposed to the sale of United States Steel to Japan's Nippon Steel. "I stand by my commitment to American workers," Biden said Wednesday durin...
Biden-Kishida Summit Not Focused on US Steel: Marcus
Tobin Marcus of Wolfe Research talks about how the Nippon bid for US Steel looms over the visit of Japanese Prime Minister Fumio Kishida to President Joe Biden. He's on "Bloomberg Surveillance.