Equities Analysts Offer Predictions for United States Steel Co.’s FY2025 Earnings (NYSE:X)

United States Steel Co. (NYSE:X) – Research analysts at Zacks Research cut their FY2025 earnings estimates for 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 prior 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 issued its quarterly earnings results on Thursday, August 1st. The basic materials company reported $0.84 EPS for the quarter, topping the consensus estimate 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 company had revenue of $4.12 billion during the quarter, compared to analysts’ expectations of $4.01 billion. During the same quarter in the previous year, the company earned $1.92 EPS. United States Steel’s revenue was down 17.8% on a year-over-year basis.

Several other brokerages have also recently commented on X. Jefferies Financial Group lowered their price target on shares of United States Steel from $47.00 to $41.00 and set a “buy” rating for the company in a research report on Thursday, September 5th. StockNews.com assumed coverage on shares of United States Steel in a report on Monday, August 19th. They set a “hold” rating for the company. BMO Capital Markets upgraded shares of United States Steel from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $43.00 to $45.00 in a report on Wednesday, June 26th. BNP Paribas upgraded shares of United States Steel from a “neutral” rating to an “outperform” rating and set a $40.00 price objective for the company in a report on Friday, September 6th. Finally, Morgan Stanley boosted their price objective 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $39.76.

United States Steel Stock Up 0.8 %

Shares of NYSE:X opened at $36.36 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 50 day moving average of $38.19 and a 200-day moving average of $38.86. 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 cap of $8.18 billion, a price-to-earnings ratio of 10.66 and a beta of 1.88.

United States Steel Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date was Monday, August 12th. United States Steel’s dividend payout ratio is presently 5.87%.

Institutional Trading of United States Steel

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in United States Steel during the second quarter worth $26,000. Riverview Trust Co acquired a new position in shares of United States Steel in the first quarter valued at $29,000. Pineridge Advisors LLC acquired a new position in shares of United States Steel in the fourth quarter valued at $44,000. Newbridge Financial Services Group Inc. acquired a new position in shares of United States Steel in the first quarter valued at $41,000. Finally, Blue Trust Inc. increased its holdings in shares of United States Steel by 339.0% in the second quarter. Blue Trust Inc. now owns 1,001 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 773 shares during the last quarter. 81.92% of the stock is owned by institutional investors.

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.