US Steel's stock symbol is X, which is listed on the NYSE. The company is a leading steel producer in the US.
The stock has a market capitalization of over $10 billion, making it one of the largest steel companies in the world. US Steel has a strong presence in the steel industry.
The company's stock price has fluctuated over the years, influenced by various market trends and economic factors.
Broaden your view: Stainless Steel
Financial Performance
United States Steel's revenue in 2024 was $15.64 billion, a decrease of -13.37% from the previous year.
The company's earnings were $384.00 million, a significant decrease of -57.09% from the previous year.
US Steel's share price has been quite volatile, with a 1 Month Change of 20.94% and a 3 Month Change of -5.71%.
Here's a summary of the company's share price performance over the past year:
Overall, US Steel's financial performance has been impacted by a decline in revenue and earnings, but its share price has shown some volatility and growth over the past year.
Stock Information
U.S. Steel's stock symbol is "X", which is a straightforward and easy-to-remember code.
The stock is listed on the New York Stock Exchange (NYSE), which is the primary exchange where you can buy and sell U.S. Steel shares.
This means you can find U.S. Steel's stock on the NYSE, making it easily accessible to investors.
Explore further: Stock Exchange
U.S. Stock Exchange Listings
The U.S. Steel Common Stock is listed on the New York Stock Exchange (NYSE).
You can find the stock symbol for U.S. Steel Corporation, which is "X", on the NYSE.
The NYSE is also known as the Principal Exchange for U.S. Steel Common Stock.
U.S. Steel Common Stock is also listed on the Chicago Stock Exchange.
Broaden your view: Stock Ticker List with Exchange Symbol
Cost Basis Calculator
Calculating your cost basis can be a real headache, especially during tax time. The NetBasis Cost Basis system is a game-changer for shareholders of United States Steel Corporation.
This system automatically calculates your cost basis by adjusting for corporate actions or dividend reinvestments. You can use it to determine your cost basis in no time.
All you need to use NetBasis are your purchase/acquisition and sale dates, number of shares or dollar amount acquired. That's it!
If you have any questions about using NetBasis, you can call their 24/7 Customer Care Call Center at 1-888-80-BASIS (1-888-802-2747) or use the Live Web Chat service located on the Help button once you're logged on.
Explore further: Call Kazakhstan
Dividend Information
If you're considering investing in US Steel stock, it's essential to understand the company's dividend history. US Steel has been paying dividends since at least 1999, with the highest dividend payment being $1.00 per share in both 1999 and 2000.
The dividend yield varies from year to year, with the highest yield being 5.56% in 2000. In contrast, the lowest yield was 0.24% in 2020.
Here's a breakdown of the dividend yield for US Steel over the years:
Keep in mind that this is just one aspect of US Steel's financial performance, and you should do your own research before making any investment decisions.
News and Events
US Steel has a history of significant earnings releases, with actual EPS ranging from -0.390 USD to 3.750 USD.
The company's Q2 2022 earnings release was particularly notable, with actual EPS of 3.420 USD.
Here are some key earnings release dates for US Steel, highlighting their quarterly actual EPS:
US Steel's stock has seen significant fluctuations, including a notable jump in 2022 after a potential buyout was reported.
Past Events
United States Steel has had a mix of profitable and unprofitable quarters in recent years. The company's earnings per share (EPS) have varied significantly.
The company's EPS was -$0.390 USD in Q4 2024, a decrease from previous quarters. This was reported in the Q4 2024 Earnings Release on January 30, 2025.
In contrast, the company's EPS was $0.480 USD in Q3 2024, a significant improvement from the previous quarter. This was reported in the Q3 2024 Earnings Release on October 31, 2024.
You might enjoy: Brcc Stock Symbol
Here are some key events from United States Steel's past:
The company's Q2 2024 EPS was $0.720 USD, which was reported in the Q2 2024 Earnings Release on August 1, 2024.
New Actor Enters Merger Drama
A new player has entered the merger drama surrounding U.S. Steel. Cleveland-Cliffs is seeking to acquire the company, which has been a target of Nippon Steel's $14.1 billion buyout bid.
The Biden administration blocked Nippon Steel's acquisition, creating an opportunity for Cleveland-Cliffs to make a move. Cleveland-Cliffs CEO Laurenco Goncalves has expressed interest in buying U.S. Steel.
Cleveland-Cliffs has been exploring a potential bid for U.S. Steel since the failed acquisition by Nippon Steel. Goncalves has stated that he has a plan to buy U.S. Steel.
In a recent press conference, Goncalves expressed frustration with Japan, which he believes is a threat to U.S. Steel's interests. This outburst may be seen as a way to rally support for Cleveland-Cliffs' bid.
Cleveland-Cliffs is teaming up with rival Nucor to prepare a potential bid for U.S. Steel. This partnership could strengthen their chances of acquiring the company.
Worth a look: Steel Ladle
Frequently Asked Questions
Is U.S. Steel a good stock?
United States Steel has a Strong Buy consensus rating with 4 buy ratings and 0 sell ratings, indicating a promising investment opportunity. However, it's essential to consider multiple factors before making a decision, including your individual financial goals and risk tolerance.
Who owns U.S. Steel stock?
United States Steel is primarily owned by institutional investors, with Blackrock Inc being the largest shareholder. Institutional investors hold approximately 84.79% of the company's shares.
Is U.S. Steel in debt?
Yes, U.S. Steel has a total debt of $4.32 Billion USD as of September 2024. This includes both current and non-current debts, according to the company's latest financial reports.
Featured Images: pexels.com
