United States Steel Corporation (NYSE: X) recently received a number of ratings updates from brokerages and research firms:

  • 9/18/2017 – United States Steel Corporation had its “buy” rating reaffirmed by analysts at Jefferies Group LLC.
  • 9/15/2017 – United States Steel Corporation had its price target raised by analysts at Citigroup Inc. from $20.00 to $22.00. They now have a “sell” rating on the stock.
  • 9/8/2017 – United States Steel Corporation had its “market perform” rating reaffirmed by analysts at BMO Capital Markets.
  • 9/6/2017 – United States Steel Corporation is now covered by analysts at Macquarie. They set an “outperform” rating and a $31.00 price target on the stock.
  • 9/5/2017 – United States Steel Corporation was upgraded by analysts at Bank of America Corporation from a “neutral” rating to a “buy” rating. They now have a $31.00 price target on the stock, up previously from $29.00.
  • 9/5/2017 – United States Steel Corporation was downgraded by analysts at Standpoint Research from a “buy” rating to a “reduce” rating.
  • 9/1/2017 – United States Steel Corporation had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $24.00 price target on the stock.
  • 8/31/2017 – United States Steel Corporation had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $32.00 price target on the stock.
  • 8/26/2017 – United States Steel Corporation was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/9/2017 – United States Steel Corporation had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $25.00 price target on the stock, up previously from $24.00.
  • 8/3/2017 – United States Steel Corporation was given a new $25.00 price target on by analysts at Barclays PLC. They now have an “equal weight” rating on the stock.
  • 7/28/2017 – United States Steel Corporation was downgraded by analysts at Citigroup Inc. from a “neutral” rating to a “sell” rating. They now have a $20.00 price target on the stock, down previously from $26.00.
  • 7/28/2017 – United States Steel Corporation had its price target raised by analysts at Argus to $1.48. They now have a “buy” rating on the stock.
  • 7/27/2017 – United States Steel Corporation had its price target raised by analysts at Cowen and Company from $21.00 to $24.00. They now have a “market perform” rating on the stock.
  • 7/27/2017 – United States Steel Corporation was downgraded by analysts at Longbow Research from a “buy” rating to a “neutral” rating.
  • 7/27/2017 – United States Steel Corporation had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a $51.00 price target on the stock.
  • 7/26/2017 – United States Steel Corporation had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a $34.00 price target on the stock, up previously from $29.00.
  • 7/26/2017 – United States Steel Corporation had its “neutral” rating reaffirmed by analysts at Longbow Research. They now have a $30.00 price target on the stock.
  • 7/25/2017 – United States Steel Corporation had its “sell” rating reaffirmed by analysts at Axiom Securities.
  • 7/21/2017 – United States Steel Corporation had its “overweight” rating reaffirmed by analysts at Morgan Stanley.

Shares of United States Steel Corporation (NYSE:X) traded up 1.99% during trading on Monday, hitting $25.59. 9,956,878 shares of the stock traded hands. The firm has a market cap of $4.48 billion, a P/E ratio of 161.96 and a beta of 2.88. United States Steel Corporation has a 52 week low of $15.72 and a 52 week high of $41.83. The company has a 50-day moving average of $24.89 and a 200-day moving average of $26.01.

United States Steel Corporation (NYSE:X) last issued its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.66. United States Steel Corporation had a return on equity of 6.50% and a net margin of 0.24%. The company had revenue of $3.14 billion during the quarter, compared to analyst estimates of $2.98 billion. During the same quarter in the previous year, the company posted ($0.32) earnings per share. United States Steel Corporation’s revenue was up 21.7% compared to the same quarter last year. On average, analysts forecast that United States Steel Corporation will post $1.76 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Wednesday, August 9th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Monday, August 7th. United States Steel Corporation’s payout ratio is currently 125.00%.

In related news, CFO Kevin Bradley acquired 36,762 shares of the firm’s stock in a transaction on Friday, September 8th. The shares were acquired at an average cost of $27.23 per share, for a total transaction of $1,001,029.26. Following the completion of the transaction, the chief financial officer now directly owns 30,415 shares in the company, valued at approximately $828,200.45. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Murry Gerber acquired 4,000 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were bought at an average price of $26.89 per share, for a total transaction of $107,560.00. Following the completion of the transaction, the director now owns 168,457 shares of the company’s stock, valued at $4,529,808.73. The disclosure for this purchase can be found here. Insiders purchased 63,597 shares of company stock valued at $1,739,292 in the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

United States Steel Corporation 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).

Receive News & Ratings for United States Steel Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Steel Corporation and related companies with MarketBeat.com's FREE daily email newsletter.