United States Steel Corporation (X)
| Market Cap | 8.45B |
| Revenue (ttm) | 16.28B |
| Net Income (ttm) | 393.00M |
| Shares Out | 225.17M |
| EPS (ttm) | 1.57 |
| PE Ratio | 23.82 |
| Forward PE | 17.83 |
| Dividend | $0.20 (0.53%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 7,450,080 |
| Open | 38.62 |
| Previous Close | 40.95 |
| Day's Range | 36.85 - 38.62 |
| 52-Week Range | 26.92 - 50.20 |
| Beta | 1.85 |
| Analysts | Strong Buy |
| Price Target | 42.71 (+13.86%) |
| Earnings Date | Oct 31, 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]
Financial Performance
In 2023, United States Steel'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 6 analysts, the average rating for X stock is "Strong Buy." The 12-month stock price forecast is $42.71, which is an increase of 13.86% from the latest price.
News
Trump doubles down on vow to block Nippon-US Steel deal, make US Steel ‘strong and great again'
Trump had repeatedly slammed the deal during his presidential campaign, but this was the first time he reinforced his promise to block the acquisition since he won the presidential election.
ZS Slides, Trump Vows to Block X & Nippon Deal, T $40B Buyback
Investors did not reward ZScaler's (ZS) soft guidance despite the company's earnings beat. President-elect Donald Trump vows to prevent Nippon Steel from buying U.S. Steel (X) once in office.
US Stocks: Premarket Action on AT&T, Credo, and U.S. Steel to Drive Sentiment
Mixed market outlook as labor data and Fed policy loom. AT&T rises 4%, U.S. Steel tumbles 7%, and Super Micro gains after clearing misconduct claims.
U.S. Steel shares drop on Trump's pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday's pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel's plans to acquire the 123-year-old Pittsburgh-headquartered co...
Trump says he will block Nippon Steel takeover of US Steel: 'Buyer Beware'
President-elect Trump said he would use a series of tax incentives and tariffs to block Nippon Steel's planned purchase of American manufacturing firm U.S. Steel.
Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel
U.S. President-elect Donald Trump has pledged to block Japanese company Nippon Steel's planned purchase of U.S. Steel. "I am totally against the once great and powerful U.S. Steel being bought by a fo...
Trump says tax incentives and tariffs will make US Steel stronger
U.S. President-elect Donald Trump said on Monday a series of tax incentives and tariffs will make U.S. Steel strong again, as he reiterated his opposition to Nippon Steel's planned purchase of the com...
U.S. Steelmakers to Trump: Bring On More Tariffs
The companies are urging the president-elect to reimpose duties on steel from the U.K., the EU and Japan, accusing foreign rivals of unfair market practices.
Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal
Nippon Steel will not import steel to the U.S. from its international mills, the Japanese company's Executive Vice President Takahiro Mori said on Monday in a letter to United Steelworkers union membe...
Buy, Sell Or Hold X Stock?
United States Steel stock dropped nearly 6% during Wednesday's trading, accelerating the losing streak from the past week. Nippon Steel Corporation, Japan's largest steelmaker, set out to acquire Unit...
Is US Steel stock poised for more gains as Trump gears up for second term?
Following Donald Trump's win in the 2024 US presidential election, US Steel Corporation (NYSE: X) surged 5% on Wednesday. This rally aligns with expectations that Trump may reintroduce protectionist m...
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 Third Quarter 2024 Results
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) reported third quarter 2024 net earnings of $119 million, or $0.48 per diluted share. Adjusted net earnings was $140 million, or ...
Xsolla and AurumDust Launch Charity Campaign With Ash of Gods: The Way to Support Games For Change
LOS ANGELES--(BUSINESS WIRE)--Xsolla, a global video game commerce company, is excited to announce a collaboration with AurumDust, the developer of Ash of Gods: The Way. The company will donate 50% of...
U. S. Steel Featured in Episode of “Inside the Blueprint” Airing on Bloomberg TV
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) is featured in “Inside the Blueprint,” an award-winning B2B TV series airing nationally on Bloomberg TV as indepe...
Trump Would Block the U.S. Steel Sale, but There's a Chance It Will Happen
Former President Trump still opposes Nippon Steel's potential buy of United States Steel, but he says he might not be able to block it.
Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal
ArcelorMittal said it would take on Nippon Steel's 50% stake in the joint venture if the Japanese steelmaker managed to acquire U.S. Steel.
Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed
Nippon Steel said on Friday it will sell its entire 50% stake in the joint venture steel plant in Calvert, Alabama, with ArcelorMittal if the top Japanese steelmaker's buyout bid for United States Ste...
United States Steel Corporation to Release Third Quarter 2024 Financial Results on October 31, 2024
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the third quarter 2024 on Thursday, October 31, 2024, ...
U.S. Steel sale to Nippon Steel an issue of national defense, critical supply chains: USW president
David McCall, President of USW, joins 'The Exchange' to discuss why McCall's thoughts on the U.S. Steel sale to Nippon Steel, if Nippon Steel's operations are superior, and McCall's thoughts on the ge...
Nippon Steel Investment Would Generate Incremental Economic Impact of Nearly $1 Billion in Pennsylvania Beyond Base Investment
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) released a new economic impact analysis today, conducted by Parker Strategy Group, that assesses how the proposed...
Trump to reiterate pledge to block Nippon Steel's planned purchase of U.S. Steel
Republican presidential candidate Donald Trump will on Sunday reiterate a pledge that if elected, he will block Nippon Steel's planned purchase of U.S. Steel , according to an advance excerpt of his s...
China stimulus: top 3 commodities stocks to consider
China announced several measures, including lowering the amount of cash that banks must have in reserve, to resurrect its housing market and the broader economy this week.
Arbitration board gives green light to US Steel-Nippon Steel merger over union's objections
Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.