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

United States Steel Co. (NYSE:X) – Research analysts at Zacks Research dropped their FY2025 earnings per share (EPS) estimates for United States Steel in a research report issued on Friday, September 13th. Zacks Research analyst A. Barman now expects that the basic materials company will post earnings per share of $2.53 for the year, down from their prior forecast 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 posted its quarterly earnings results on Thursday, August 1st. The basic materials company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.12. United States Steel had a net margin of 3.40% and a return on equity of 7.93%. The firm had revenue of $4.12 billion for the quarter, compared to analysts’ expectations of $4.01 billion. During the same period in the prior year, the business posted $1.92 earnings per share. The business’s revenue for the quarter was down 17.8% on a year-over-year basis.

Several other equities analysts have also commented on the company. Glj Research upgraded United States Steel from a “sell” rating to a “buy” rating and set a $38.57 price target on the stock in a research note on Monday, September 9th. Morgan Stanley raised their target price on shares of United States Steel from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Thursday, August 15th. BMO Capital Markets raised shares of United States Steel from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $43.00 to $45.00 in a research report on Wednesday, June 26th. JPMorgan Chase & Co. raised shares of United States Steel from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $40.00 to $42.00 in a report on Monday, September 9th. Finally, StockNews.com started coverage on shares of United States Steel in a research note on Monday, August 19th. They issued a “hold” rating for the company. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, United States Steel has a consensus rating of “Moderate Buy” and an average target price of $39.76.

United States Steel Price Performance

Shares of X stock opened at $36.07 on Monday. United States Steel has a one year low of $26.92 and a one year high of $50.20. The company has a market capitalization of $8.11 billion, a P/E ratio of 10.58 and a beta of 1.88. The company’s 50-day simple moving average is $38.24 and its two-hundred day simple moving average is $38.93. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.72 and a quick ratio of 1.14.

Institutional Investors Weigh In On United States Steel

Several institutional investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC purchased a new position in shares of United States Steel in the second quarter worth $491,000. KGH Ltd raised its stake in United States Steel by 68.2% in the 2nd quarter. KGH Ltd now owns 4,255,000 shares of the basic materials company’s stock worth $160,839,000 after acquiring an additional 1,724,670 shares during the last quarter. Regal Investment Advisors LLC lifted its position in United States Steel by 6.3% during the 2nd quarter. Regal Investment Advisors LLC now owns 13,925 shares of the basic materials company’s stock worth $526,000 after acquiring an additional 825 shares during the period. Water Island Capital LLC grew its stake in United States Steel by 5.3% during the 2nd quarter. Water Island Capital LLC now owns 906,092 shares of the basic materials company’s stock valued at $34,250,000 after purchasing an additional 45,567 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of United States Steel by 3.2% in the second quarter. Creative Planning now owns 17,980 shares of the basic materials company’s stock valued at $680,000 after purchasing an additional 556 shares during the period. Institutional investors and hedge funds own 81.92% of the company’s stock.

United States Steel Announces Dividend

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