United States Steel Co. Forecasted to Earn FY2025 Earnings of $2.53 Per Share (NYSE:X)

United States Steel Co. (NYSE:X) – Stock analysts at Zacks Research lowered their FY2025 earnings per share (EPS) estimates for United States Steel in a research note issued to investors on Friday, September 13th. Zacks Research analyst A. Barman now anticipates that the basic materials company will post earnings per share of $2.53 for the year, down from their previous estimate of $2.62. The consensus estimate for United States Steel’s current full-year earnings is $2.15 per share.

United States Steel (NYSE:X) last released its quarterly earnings data on Thursday, August 1st. The basic materials company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.12. The business had revenue of $4.12 billion during the quarter, compared to analysts’ expectations of $4.01 billion. United States Steel had a net margin of 3.40% and a return on equity of 7.93%. The company’s revenue for the quarter was down 17.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.92 EPS.

Several other equities analysts have also issued reports on X. BMO Capital Markets raised United States Steel from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $43.00 to $45.00 in a report on Wednesday, June 26th. BNP Paribas upgraded United States Steel from a “neutral” rating to an “outperform” rating and set a $40.00 price target on the stock in a research note on Friday, September 6th. Glj Research upgraded United States Steel from a “sell” rating to a “buy” rating and set a $38.57 price objective for the company in a research note on Monday, September 9th. JPMorgan Chase & Co. raised United States Steel from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $40.00 to $42.00 in a report on Monday, September 9th. Finally, Morgan Stanley lifted their target price on shares of United States Steel from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, United States Steel has a consensus rating of “Moderate Buy” and a consensus price target of $39.76.

United States Steel Price Performance

X stock opened at $36.21 on Monday. The stock has a market cap of $8.14 billion, a price-to-earnings ratio of 10.62 and a beta of 1.88. United States Steel has a fifty-two week low of $26.92 and a fifty-two week high of $50.20. The company has a quick ratio of 1.14, a current ratio of 1.72 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average price of $38.14 and a 200 day moving average price of $38.78.

Institutional Trading of United States Steel

Institutional investors have recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC grew its position in shares of United States Steel by 0.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 26,880 shares of the basic materials company’s stock valued at $1,016,000 after purchasing an additional 241 shares during the last quarter. Parallel Advisors LLC grew its holdings in United States Steel by 28.7% during the 4th quarter. Parallel Advisors LLC now owns 1,363 shares of the basic materials company’s stock valued at $66,000 after buying an additional 304 shares during the last quarter. Quadrant Capital Group LLC increased its position in United States Steel by 18.5% during the fourth quarter. Quadrant Capital Group LLC now owns 2,004 shares of the basic materials company’s stock worth $97,000 after buying an additional 313 shares in the last quarter. Diversified Trust Co raised its holdings in shares of United States Steel by 4.0% in the first quarter. Diversified Trust Co now owns 8,373 shares of the basic materials company’s stock worth $341,000 after acquiring an additional 324 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in shares of United States Steel by 8.3% in the second quarter. Signaturefd LLC now owns 4,673 shares of the basic materials company’s stock worth $177,000 after acquiring an additional 360 shares during the last quarter. 81.92% of the stock is currently owned by hedge funds and other institutional investors.

United States Steel Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Monday, August 12th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend was Monday, August 12th. United States Steel’s dividend payout ratio (DPR) is 5.87%.

United States Steel Company Profile

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.