United States Steel Corporation (X)

NYSE: X · IEX Real-Time Price · USD
47.38
-0.27 (-0.57%)
At close: Feb 27, 2024, 4:00 PM
47.16
-0.22 (-0.46%)
Pre-market: Feb 28, 2024, 4:19 AM EST
-0.57%
Market Cap 10.61B
Revenue (ttm) 18.05B
Net Income (ttm) 895.00M
Shares Out 223.73M
EPS (ttm) 3.56
PE Ratio 13.31
Forward PE 13.50
Dividend $0.20 (0.42%)
Ex-Dividend Date Feb 9, 2024
Volume 2,141,935
Open 47.64
Previous Close 47.65
Day's Range 47.35 - 47.69
52-Week Range 20.40 - 50.20
Beta 2.04
Analysts Hold
Price Target 31.48 (-33.56%)
Earnings Date Feb 1, 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]

Industry Steel
Sector Materials
Founded 1901
Employees 21,803
Stock Exchange NYSE
Ticker Symbol X
Full Company Profile

Financial 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 Statements

Analyst Forecast

According to 8 analysts, the average rating for X stock is "Hold." The 12-month stock price forecast is $31.48, which is a decrease of -33.56% from the latest price.

Price Target
$31.48
(-33.56% downside)
Analyst Consensus: Hold
Stock Forecasts

News

US steel worker sounds off as WV tin plant shuts its doors, putting 900 jobs on the line: 'Total travesty'

Mark Glyptis, United Steelworkers Local 2911 union president, warned the consequences of closing a West Virginia tin mill in favor of imported products could spell disaster for the U.S.

8 days ago - Fox Business

US steel workers outraged over billion-dollar deal 'selling out' employees to a foreign entity

U.S. Steel has allegedly "sold off to the highest bidder to line their own pockets," according to local union presidents who now worry about their job security and livelihoods.

19 days ago - Fox Business

United States Steel Corporation Publishes Video Highlighting Fourth Quarter and Full-Year 2023 Results

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today published a video in which President and Chief Executive Officer, David B. Burritt and Senior Vice Presiden...

25 days ago - Business Wire

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...

26 days ago - Business Wire

United States Steel Corporation Reports Fourth Quarter and Full-Year 2023 Results

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) reported fourth quarter 2023 net loss of $80 million, or $0.36 per diluted share and adjusted net earnings was $167 million, or $...

26 days ago - Business Wire

Japan's 3 megabanks to loan Nippon Steel $16 bln for U.S. Steel acquisition -Bloomberg

Sumitomo Mitsui Financial Group , Mitsubishi UFJ Financial Group and Mizuho Financial Group will lend Nippon Steel a combined $16 billion for its planned acquisition of U.S. Steel , Bloomberg reported...

4 weeks ago - Reuters

U.S. Steel agrees to $42 million in improvements and fines over air-pollution violations after 2018 fire

HARRISBURG, Pa. — U.S. Steel Corp. has agreed to settle a lawsuit that accused the Pittsburgh-based company of violating federal clean-air laws by operating plants without its desulfurization controls...

4 weeks ago - Market Watch

Nippon Steel's Purchase Of U.S. Steel Will Improve The Economy

There has been a rare showing of bipartisanship over the past month; unfortunately, the consensus is founded on economic myths that, if acted upon, would cost jobs, increase inflationary pressures, an...

4 weeks ago - Forbes

UNITED STATES STEEL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United States Steel Corporation - X

NEW ORLEANS , Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

4 weeks ago - PRNewsWire

U. S. Steel Reaches Agreement for Clairton Plant Incidents; Includes Significant Funding to Support Local Communities

PITTSBURGH--(BUSINESS WIRE)--Today, United States Steel Corporation (NYSE: X) signed a Consent Decree with the Allegheny County Health Department (ACHD), Clean Air Council, and PennEnvironment to addr...

4 weeks ago - Business Wire

United States Steel Corporation to Release Fourth Quarter and Full Year 2023 Financial Results on February 1, 2024

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2023 on Thursday, Feb...

5 weeks ago - Business Wire

3 steel stocks to play the manufacturing comeback

Every new cycle brings on a new set of opportunities to investor portfolios, and markets provide new waves of shifts between sector performances. Today's market is different from the one you witnessed...

Other symbols: NUESTLD
5 weeks ago - MarketBeat

Summers Urges Approval of Nippon-US Steel Deal

Former US Treasury Secretary Lawrence H. Summers says there's no national-security justification for questioning the proposed takeover of US Steel by Japan's Nippon Steel.

5 weeks ago - Bloomberg Markets and Finance

It Isn't Just U.S. Steel. Japanese Companies Could Target These Sectors for M&A.

Japan's Sumitomo Corporation might get in on the M&A action.

6 weeks ago - Barrons

U.S. Steel Acquisition Proposal Tests Biden's Industrial Policy

The president is under pressure from Democrats and Republicans to block the sale to Japan's Nippon Steel, which could upset a key foreign ally.

7 weeks ago - NYTimes

U.S. Steel Merger Objections Rooted In A 1970s-Era Perspective

Earlier this month U.S. Steel announced that it agreed to be purchased by Nippon Steel, which was the highest bidder in a months-long sale of the company. Since the acquisition's announcement there ha...

2 months ago - Forbes

U.S. Steel Is No Longer a Force. The Nippon Steel Purchase Puts It Back in the Spotlight.

The former corporate colossus is now dwarfed by steel makers in China and India.

2 months ago - Barrons

U.S. Steel's Epic Entanglement In Taxes

Nippon Steel's purchase of United States Steel, the venerable company J.P. Morgan founded by buying out Carnegie in 1901, gets the old company off the hook for huge tax payments, and their cognates, t...

2 months ago - Forbes

Biden rips Japan's billion-dollar US Steel sale: This deserves ‘serious scrutiny'

The United Steelworkers President David McCall joins ‘Cavuto: Coast to Coast' to discuss Nippon Steel's controversial acquisition of U.S. Steel.

2 months ago - Fox Business

White House scrutinizing $14.1B Nippon-U.S. Steel deal

The White House is keeping a close eye on the $14.

2 months ago - Yahoo Finance

White House Signals Nippon Steel's Acquisition Of U.S. Steel May Face Federal Scrutiny

The White House expressed national security concerns about Nippon Steel's proposed acquisition of U.S. Steel on Thursday, calling for the $14.9 billion deal to be closely scrutinized.

2 months ago - Forbes

Biden believes U.S. Steel sale to Nippon Steel warrants ‘serious scrutiny,' White House says

WASHINGTON — President Joe Biden believes “serious scrutiny” is warranted for the planned acquisition of U.S. Steel by Japan's Nippon Steel, the White House said Thursday after days of silence on a tr...

2 months ago - Market Watch

Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says

WASHINGTON, Dec 21 (Reuters) - The White House on Thursday said Nippon Steel Corp's (5401.T) $14.9 billion proposed acquisition of U.S. Steel Corp (X.N) deserves "serious scrutiny," given the company'...

2 months ago - Reuters

Onetime Bob Casey ‘confidante' lobbied for US Steel before foreign acquisition

A former “confidante” and campaign manager for Sen. Bob Casey (D-Pa.

2 months ago - New York Post

US Steel forges ahead on news of $14.1 billion acquisition

United States Steel NYSE: X was once a more important American company than it is today, having been a Dow component until 1990. But it's back in the headlines after Japan's Nippon Steel Corp. OTCMKTS...

2 months ago - MarketBeat