X - United States Steel Corporation

NYSE - NYSE Delayed Price. Currency in USD
29.13
-0.72 (-2.41%)
At close: 4:02PM EDT
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Previous Close29.85
Open29.96
Bid28.93 x 1400
Ask0.00 x 1100
Day's Range28.76 - 29.96
52 Week Range23.39 - 47.64
Volume10,670,060
Avg. Volume7,854,144
Market Cap5.163B
Beta4.20
PE Ratio (TTM)9.63
EPS (TTM)3.03
Earnings DateOct 29, 2018 - Nov 2, 2018
Forward Dividend & Yield0.20 (0.69%)
Ex-Dividend Date2018-08-08
1y Target Est43.93
Trade prices are not sourced from all markets
  • AK Steel: Does the Rally Have Any Steam Left?
    Market Realistyesterday

    AK Steel: Does the Rally Have Any Steam Left?

    AK Steel (AKS) has gained more than 15% from its 2018 lows. U.S. Steel Corporation (X) has lost 15.3% YTD. Nucor (NUE) and Cleveland-Cliffs (CLF) have gained 2.3% and 69.2% YTD, respectively, based on the closing prices on September 18.

  • AK Steel: Could Things Turn Around in the Fourth Quarter?
    Market Realist2 days ago

    AK Steel: Could Things Turn Around in the Fourth Quarter?

    So far in this series, we’ve discussed Nucor (NUE), Steel Dynamics (STLD), and U.S. Steel Corporation’s (X) third-quarter earnings guidance. In this part, we’ll see how things look for AK Steel (AKS) in the third quarter and beyond. AK Steel has underperformed the broader steel space (XME) in 2018. The stock saw a selling spree after its first and second-quarter earnings release. In the second quarter, AK Steel missed the consensus estimates and its third-quarter guidance also spooked the markets. Let’s see what analysts project for the company’s third-quarter earnings.

  • U.S. Steel Corporation: What to Expect in 2019
    Market Realist2 days ago

    U.S. Steel Corporation: What to Expect in 2019

    U.S. Steel Corporation (X) is having a dismal run in 2018. The stock has lost 15.3% year-to-date based on the closing prices on September 18. AK Steel (AKS) has lost 17.3% YTD, while Nucor (NUE) has risen 2.3%. Cleveland-Cliffs (CLF) has outperformed US steel stocks (XME) in 2018 with gains of 69.2%. Let’s see what could drive U.S. Steel Corporation’s performance in 2019.

  • U.S. Steel Corporation and AK Steel Missed Section 232 Windfall
    Market Realist2 days ago

    U.S. Steel Corporation and AK Steel Missed Section 232 Windfall

    Nucor (NUE), the largest US-based steel producer, posted its highest second-quarter earnings ever in the second quarter of 2018. Steel Dynamics (STLD) also posted record earnings in the second quarter. The Section 232 tariffs lifted US steel prices to multiyear highs. ArcelorMittal (MT) only gets a quarter of its revenues from NAFTA. ArcelorMittal also posted its highest earnings in seven years. However, U.S. Steel Corporation (X) and AK Steel’s (AKS) earnings have lagged other steel companies in 2018.

  • No way out? US, China tariffs may become the 'new normal'
    Associated Press3 days ago

    No way out? US, China tariffs may become the 'new normal'

    WASHINGTON (AP) — The path to peace in a trade war between the United States and China is getting harder to find as the world's two biggest economies pile ever more taxes on each other's products.

  • CNBC3 days ago

    Steel workers gear up for strike, potentially derailing Trump's steel resurgence

    It would follows another strike by 16,000 U.S. Steel workers that was approved earlier this month, and together, they could hinder what President Trump calls a "thriving" industry in the U.S.

  • U.S. Steel Corporation’s Earnings Momentum
    Market Realist3 days ago

    U.S. Steel Corporation’s Earnings Momentum

    Previously in this series, we discussed Nucor (NUE) and Steel Dynamics’ (STLD) third-quarter earnings guidance. In this part, we’ll discuss U.S. Steel Corporation’s (X) third-quarter earnings estimates compared to the company’s guidance.

  • US Steel Companies Upbeat on Outlook despite Trade War
    Market Realist3 days ago

    US Steel Companies Upbeat on Outlook despite Trade War

    In the previous part, we discussed Nucor’s (NUE) third-quarter earnings guidance. In this part, we’ll discuss Steel Dynamics’ third-quarter guidance. The guidance was released after the markets closed on September 17.

  • Nucor’s Q3 2018 Guidance: Markets Were Disappointed
    Market Realist3 days ago

    Nucor’s Q3 2018 Guidance: Markets Were Disappointed

    Last week, Nucor (NUE), the largest US-based steel producer, released its third-quarter guidance. The company expects to post an EPS of $2.35–$2.40 in the quarter. Nucor posted an EPS of $2.13 in the second quarter and $0.79 in the third quarter of 2017. Nucor’s third-quarter earnings guidance was in line with analysts’ estimates. Previously, Nucor posted better-than-expected guidance in the second quarter.

  • Steel Companies in Q3 2018: Earnings, Tariffs, and the Trade War
    Market Realist3 days ago

    Steel Companies in Q3 2018: Earnings, Tariffs, and the Trade War

    Now, we’re approaching the end of the third quarter. Nucor (NUE) released its third-quarter earnings guidance on September 14, while Steel Dynamics (STLD) released its earnings guidance on September 17. In this series, we’ll discuss Nucor and Steel Dynamics’ third-quarter guidance. We’ll also analyze the third-quarter guidance provided by other steel companies during their second-quarter earnings call. We’ll discuss steel companies’ outlook.

  • Metals and Mining Stocks Gain amid Toned-Down Tariffs
    Market Realist4 days ago

    Metals and Mining Stocks Gain amid Toned-Down Tariffs

    Metals and mining stocks are showing strength. As of 1:00 PM EDT on September 18, Freeport-McMoRan (FCX) and Alcoa (AA) have risen 2.9% and 1.1%, respectively. In the steel space, U.S. Steel Corporation (X) and Cleveland-Cliffs (CLF) are trading with gains of 2.5% and 3.1%, respectively.

  • Should the US Be Competing in Commoditized Industries?
    Market Realist5 days ago

    Should the US Be Competing in Commoditized Industries?

    Earlier this year, President Trump imposed tariffs on US steel and aluminum imports. US steel companies like U.S. Steel Corporation (X) and AK Steel (AKS) have blamed more imports for their woes. Notably, China’s share in the global steel and aluminum markets has grown multi-fold.

  • As Trump Touts Steel Revival, Investors Still Await Payoff
    Bloomberg5 days ago

    As Trump Touts Steel Revival, Investors Still Await Payoff

    A lot of investors seem to have lost the memo on the revival of the American steel industry. U.S. President Donald Trump took to Twitter to boast about new plants amid robust demand. While he’s right that the industry is thriving, it’s also worth noting that gains in steel stocks since the U.S. announced import tariffs on the metal have trailed the broader market.

  • What Will 2019 Bring for US Steel Companies?
    Market Realist9 days ago

    What Will 2019 Bring for US Steel Companies?

    As noted in the previous article, steel companies’ valuations look attractive based on forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiples. However, these multiples are based on analysts’ earnings estimates, so it is prudent to read the multiples in conjunction with earnings estimates.

  • Do Steel Companies’ Valuations Look Tempting?
    Market Realist9 days ago

    Do Steel Companies’ Valuations Look Tempting?

    This month we’ve seen share buyback announcements by both Nucor (NUE) and Steel Dynamics (STLD). Share buybacks are a tool for management to return cash to shareholders. Generally, companies pursue share buybacks when they have surplus cash or they find their stocks undervalued. Steel companies’ cash flows have certainly improved amid higher steel prices. But do their valuations look tempting?

  • Why US Businesses Aren’t Excited about ‘Make in America’
    Market Realist10 days ago

    Why US Businesses Aren’t Excited about ‘Make in America’

    Last month, at the restart of Century Aluminum’s (CENX) smelter in Kentucky, Commerce Secretary Wilbur Ross said, “This administration remains steadfast in our Made in the U.S.A. commitment.” The Trump administration has used tariffs to curb imports and boost domestic manufacturing. To be sure, we’ve seen some impact from the Section 232 tariffs, as US steel imports have seen a year-over-year fall this year.

  • Concerns about Chinese Steel Prices Could Be Overblown
    Market Realist10 days ago

    Concerns about Chinese Steel Prices Could Be Overblown

    China (FXI) is the world’s largest steel producer and consumer. The country’s steel overcapacity and exports have been blamed for depressing global steel prices. However, Chinese steel exports have come down sharply from their 2015 highs. In August, China exported 5.8 million metric tons of steel products, a yearly fall of 9.8%. In the first eight months of 2018, Chinese steel exports have fallen 13.3% to 47.2 million metric tons.

  • Will Trump Appease Metal End Users?
    Market Realist10 days ago

    Will Trump Appease Metal End Users?

    President Trump has relaxed the quota rules for countries that have been exempted from the Section 232 tariffs. The news triggered a selling spree in US steel stocks like U.S. Steel (X). Notably, uncertainty over Section 232 exemptions has been among the key concerns for steel investors. In this article, we’ll see why the concerns could be overblown.

  • Do Section 232 Exemptions Pose a Big Risk to US Steel Stocks?
    Market Realist10 days ago

    Do Section 232 Exemptions Pose a Big Risk to US Steel Stocks?

    President Trump has left the door open for exemptions from Section 232 tariffs. The exemptions would be on a product level as well as a country level. So far, countries like South Korea, Brazil, and Argentina have managed to see exemptions from Section 232 tariffs. The uncertainty about Section 232 exemptions is one reason why investors have shied away from steel stocks. In this article, we’ll see how Section 232 exemptions could impact US steel prices.

  • The Wall Street Journal11 days ago

    Steelworkers Demand Higher Pay as Tariffs Lift Profits

    Workers at two of the biggest U.S. steelmakers are demanding higher compensation as tariffs on foreign metal push prices and profits to their highest point in years in a buoyant economy. Leaders for some 30,000 members of the United Steelworkers union say United States Steel Corp. and ArcelorMittal SA aren’t passing those benefits to their workers, who have gone without raises in recent years even as wages have started to climb more broadly. President Trump has said the 25% tariff his administration placed on steel imports earlier this year aimed to bring back good-paying blue collar jobs.“The steel industry is one of the great things to be talking about,” Mr. Trump told a crowd in North Dakota last week.

  • What Risks Could Steel Stocks Face at the End of 2018?
    Market Realist11 days ago

    What Risks Could Steel Stocks Face at the End of 2018?

    In this article, we’ll look at some of the risks that the US steel industry faces towards the end of 2018. We’ll look at global as well as domestic challenges.

  • US Steel Industry Reaches Key Milestone Wilbur Ross Wanted
    Market Realist11 days ago

    US Steel Industry Reaches Key Milestone Wilbur Ross Wanted

    According to AISI (American Iron and Steel Institute) data, US steel production rose 9.8% YoY in the week ending September 8. On a year-to-date basis, US steel production has risen 4.1% compared to the same period in 2017.

  • US Steel Stocks: Tough to Love, Even Tougher to Hate
    Market Realist11 days ago

    US Steel Stocks: Tough to Love, Even Tougher to Hate

    While several industries have been crying foul over President Trump’s trade policies, the US steel industry has been among the biggest benefactors of these trade policies. Earlier this year, Trump imposed a 25% tariff on US steel imports, triggering a wave of joy in US steel companies. To be sure, we’ve started to see the impact of these tariffs on the US steel industry. US steel production has gained traction, while imports have fallen on a yearly basis this year.