United States Steel Co. (NYSE:X) to Post FY2025 Earnings of $2.53 Per Share, Zacks Research Forecasts

United States Steel Co. (NYSE:X) – Analysts at Zacks Research cut their FY2025 earnings per share estimates for shares of United States Steel in a note issued to investors on Friday, September 13th. Zacks Research analyst A. Barman now forecasts that the basic materials company will post earnings of $2.53 per share 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.

Several other equities research analysts have also recently issued reports on the stock. BNP Paribas raised shares of United States Steel from a “neutral” rating to an “outperform” rating and set a $40.00 target price on the stock in a research report on Friday, September 6th. JPMorgan Chase & Co. upgraded shares of United States Steel from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $40.00 to $42.00 in a report on Monday, September 9th. Morgan Stanley upped their price objective on United States Steel from $48.00 to $49.00 and gave the stock an “overweight” rating in a report on Thursday, August 15th. StockNews.com assumed coverage on United States Steel in a report on Monday, August 19th. They issued a “hold” rating on the stock. Finally, Glj Research upgraded United States Steel from a “sell” rating to a “buy” rating and set a $38.57 price target for the company in a research note on Monday, September 9th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $39.76.

United States Steel Stock Down 0.4 %

X opened at $36.21 on Monday. United States Steel has a 12 month low of $26.92 and a 12 month high of $50.20. The business has a 50-day moving average of $38.14 and a two-hundred day moving average of $38.78. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.72 and a quick ratio of 1.14. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of 10.62 and a beta of 1.88.

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

Hedge Funds Weigh In On United States Steel

Institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank purchased a new position in United States Steel in the 4th quarter valued at about $200,952,000. Massachusetts Financial Services Co. MA boosted its holdings in United States Steel by 4,305.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,634,364 shares of the basic materials company’s stock valued at $137,379,000 after purchasing an additional 3,551,870 shares during the last quarter. KRYGER CAPITAL Ltd acquired a new stake in United States Steel during the 4th quarter valued at approximately $95,529,000. KGH Ltd increased its holdings in United States Steel by 68.2% during the 2nd quarter. KGH Ltd now owns 4,255,000 shares of the basic materials company’s stock worth $160,839,000 after purchasing an additional 1,724,670 shares during the last quarter. Finally, Bank of Nova Scotia purchased a new stake in United States Steel during the 4th quarter worth approximately $53,338,000. Hedge funds and other institutional investors own 81.92% of the company’s stock.

United States Steel Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Monday, August 12th were given a $0.05 dividend. 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 payout ratio 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.