United States Steel Corporation (X)
| Market Cap | 7.38B |
| Revenue (ttm) | 16.28B |
| Net Income (ttm) | 393.00M |
| Shares Out | 225.17M |
| EPS (ttm) | 1.57 |
| PE Ratio | 20.82 |
| Forward PE | 24.93 |
| Dividend | $0.20 (0.61%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 5,998,774 |
| Open | 33.15 |
| Previous Close | 33.30 |
| Day's Range | 32.03 - 33.45 |
| 52-Week Range | 26.92 - 48.85 |
| Beta | 1.88 |
| Analysts | Strong Buy |
| Price Target | 41.91 (+27.85%) |
| Earnings Date | Jan 30, 2025 |
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 $41.91, which is an increase of 27.85% from the latest price.
News
President Carter 'would not have intervened' in the US-Nippon Steel deal, says Alan Wolff
Alan Wolff, Peterson Institute for International Economics distinguished visiting fellow, joins 'Squawk Box' to discuss Carter's presidency and where the U.S. is now relative to before his time in off...
U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash
American investment could become less welcome, undermining Japan's progress on corporate reforms.
Yellen on U.S. Steel-Nippon deal as chair of CFIUS
Here's what Treasury Secretary Yellen said to CNBC's Sara Eisen about the U.S. Steel-Nippon deal.
U. S. Steel Recognized With Human Rights Campaign's Equality 100 Award
PITTSBURGH--(BUSINESS WIRE)--U. S. Steel (NYSE: X) announced today that for a fifth consecutive year it has scored a perfect 100 on the Human Rights Campaign Foundation's (HRCF) 2025 Corporate Equalit...
U.S. Steel CEO urges Donald Trump to look into Nippon deal
U.S. Steel CEO David Burritt called Joe Biden's blocking of the deal “corrupt.” Transcript: Conway Gittens: Tech stocks led Tuesday's market decline as strong economic data decreased chances of a Janu...
U.S. Steel CEO on lawsuit against Biden: 'We are trying to right the wrongs of this president'
U.S. Steel CEO David Burritt on Tuesday appealed to President-elect Donald Trump to reverse President Joe Biden's decision to block the company's sale to Japan's Nippon Steel. "The president can step ...
U.S. Steel CEO on Nippon merger: Biden tainted the process of CFIUS
David Burritt, US Steel CEO, joins ‘Squawk on the Street' to discuss the company's decision to partner with Nippon Steel to sue the Biden administration following the fallen merger.
US Steel CEO on lawsuit to Biden administration following dissolved merger with Nippon Steel
David Burritt, US Steel CEO, joins 'Squawk on the Street' to discuss the company's decision to partner with Nippon Steel to sue the Biden administration following the fallen merger.
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
U.S. Steel CEO David Burritt called for President-elect Donald Trump to reverse President Joe Biden's decision to block the company's sale to Nippon Steel. Biden formally blocked the more than $14 bil...
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is "a bad idea" as the billion-dollar deal was legally blocked.
Cleveland-Cliffs CEO punches back after being named in Nippon-US Steel lawsuit
Cleveland-Cliffs Chairman and CEO Lourenco Goncalves argues that the Sen. Marco Rubio serving as Secretary of State will be ‘bad news' for Japan.
U.S. Steel and Nippon Steel sue Biden administration for blocking $15 billion deal
Nippon Steel and U.S. Steel filed a federal lawsuit challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company and said that the head of t...
It's a national security threat to have US Steel run by a foreign company, John Carney says
Breitbart economics and finance editor John Carney breaks down the business controversy on 'The Bottom Line.'
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan's Nippon Steel CEO emphasized on Tuesday that the company is not giving up on its takeover of U.S. Steel, a day after it sued the Joe Biden administration over blocking the proposed merger. "The...
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
Nippon Steel and U.S. Steel are unlikely to convince a court to scrap President Joe Biden's decision to block their $14.9 billion merger, but their lawsuit could give them more time to reach a deal wi...
Blinken visits Japan as Nippon Steel decision weighs on relations
U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings wit...
US Steel, Nippon Steel Sue US Government Over Blocked $14.1B Deal
U.S. Steel (X) and Nippon Steel said Monday they are suing the U.S. government over President Joe Biden's blocking last week of the $14.1 billion sale of the iconic American company to the Japanese fi...
Nippon and US Steel launch legal challenge after Biden administration blocks $15 billion deal
Nippon Steel and US Steel have initiated a federal lawsuit against the Biden administration, challenging its decision to block a proposed nearly $15 billion acquisition of the Pittsburgh-based US Stee...
U.S. Steel, Nippon Steel Challenge Biden's Decision to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt'
The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal's review process, and harming American steel workers by blocking the deal.
'THE GOVERNMENT FAILED US': US Steel, Nippon Steel to file lawsuit against US government
U.S. Steel and Nippon Steel have announced they are filing joint lawsuits against the U.S. government and others following President Biden's move to block the deal. FOX Business' Lydia Hu with more.
US Steel and Nippon file lawsuit over Biden's order blocking $14.9bn deal
Companies say Biden's blocking of the proposed purchase over national security concerns violates constitution
Nippon Steel says it's suing Biden admin for blocking US Steel acquisition
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.
U.S. Steel And Nippon Sue Biden Administration For Blocking Merger
U.S. Steel and Japan's Nippon Steel have filed a federal lawsuit challenging President Joe Biden's decision last week to block a $14.9 billion merger between the two, the companies announced on Monday...
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger
Steel companies are suing the government and a rival over their botched deal.