Shares of United States Steel Corp. (NYSE:X) have been given an average rating of “Hold” by the twenty-two analysts that are currently covering the stock. Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $21.50.

A number of equities analysts have issued reports on X shares. Jefferies Group reaffirmed a “sell” rating on shares of United States Steel Corp. in a report on Sunday, June 12th. Vetr cut United States Steel Corp. from a “strong-buy” rating to a “buy” rating and set a $18.76 target price for the company. in a report on Wednesday, June 15th. Credit Suisse Group AG set a $29.00 target price on United States Steel Corp. and gave the stock a “buy” rating in a report on Wednesday, July 27th. Bank of America Corp. raised United States Steel Corp. from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $10.00 to $18.00 in a report on Wednesday, June 15th. Finally, Zacks Investment Research cut United States Steel Corp. from a “buy” rating to a “hold” rating in a report on Friday, July 1st.

United States Steel Corp. (NYSE:X) opened at 15.91 on Wednesday. The company has a 50-day moving average price of $21.86 and a 200 day moving average price of $18.02. The company’s market cap is $2.33 billion. United States Steel Corp. has a 12-month low of $6.15 and a 12-month high of $27.64.

United States Steel Corp. (NYSE:X) last released its earnings results on Tuesday, July 26th. The company reported ($0.31) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.49) by $0.18. The firm earned $2.58 billion during the quarter, compared to the consensus estimate of $2.68 billion. United States Steel Corp. had a negative return on equity of 20.96% and a negative net margin of 15.09%. The company’s revenue was down 10.9% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.79) EPS. On average, analysts forecast that United States Steel Corp. will post $3.28 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Saturday, September 10th. Stockholders of record on Wednesday, August 10th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Monday, August 8th. United States Steel Corp.’s dividend payout ratio (DPR) is presently -1.88%.

Several hedge funds have recently modified their holdings of the company. OMERS ADMINISTRATION Corp increased its stake in shares of United States Steel Corp. by 0.4% in the first quarter. OMERS ADMINISTRATION Corp now owns 25,200 shares of the company’s stock worth $404,000 after buying an additional 100 shares during the last quarter. IFP Advisors Inc increased its stake in shares of United States Steel Corp. by 1.3% in the first quarter. IFP Advisors Inc now owns 10,895 shares of the company’s stock worth $175,000 after buying an additional 135 shares during the last quarter. Arizona State Retirement System increased its stake in shares of United States Steel Corp. by 0.3% in the first quarter. Arizona State Retirement System now owns 69,555 shares of the company’s stock worth $1,116,000 after buying an additional 200 shares during the last quarter. Cubist Systematic Strategies LLC increased its stake in shares of United States Steel Corp. by 2.0% in the second quarter. Cubist Systematic Strategies LLC now owns 17,267 shares of the company’s stock worth $291,000 after buying an additional 337 shares during the last quarter. Finally, State Treasurer State of Michigan increased its stake in shares of United States Steel Corp. by 0.7% in the second quarter. State Treasurer State of Michigan now owns 58,800 shares of the company’s stock worth $991,000 after buying an additional 400 shares during the last quarter. 63.56% of the stock is owned by hedge funds and other institutional investors.

United States Steel Corp. Company Profile

United States Steel Corporation (U. S. Steel) is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).

5 Day Chart for NYSE:X

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