Zacks Research Has Pessimistic Outlook of X FY2026 Earnings

United States Steel Co. (NYSE:X) – Zacks Research dropped their FY2026 earnings per share (EPS) estimates for shares of United States Steel in a note issued to investors on Wednesday, April 23rd. Zacks Research analyst A. Barman now expects that the basic materials company will post earnings per share of $2.91 for the year, down from their prior forecast of $3.07. The consensus estimate for United States Steel’s current full-year earnings is $1.43 per share.

Other research analysts have also recently issued reports about the company. Morgan Stanley upped their price objective on United States Steel from $39.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, March 7th. Jefferies Financial Group lowered their price target on United States Steel from $45.00 to $40.00 and set a “buy” rating for the company in a report on Monday, January 6th. Bank of America started coverage on shares of United States Steel in a report on Monday, January 6th. They issued a “neutral” rating and a $35.00 price objective on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $38.00 target price (down previously from $43.00) on shares of United States Steel in a research note on Wednesday, April 16th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $45.00 price target on shares of United States Steel in a research note on Monday, March 31st. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, United States Steel currently has a consensus rating of “Hold” and a consensus target price of $39.94.

United States Steel Stock Up 0.6 %

Shares of X opened at $42.26 on Thursday. The stock has a fifty day simple moving average of $40.34 and a two-hundred day simple moving average of $37.99. The company has a quick ratio of 0.91, a current ratio of 1.55 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $9.57 billion, a PE ratio of 28.36, a price-to-earnings-growth ratio of 1.53 and a beta of 1.79. United States Steel has a 52-week low of $26.92 and a 52-week high of $46.18.

United States Steel (NYSE:X) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.38). United States Steel had a net margin of 2.46% and a return on equity of 4.27%.

Institutional Trading of United States Steel

Institutional investors have recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC raised its stake in shares of United States Steel by 643.8% during the 1st quarter. Golden State Wealth Management LLC now owns 595 shares of the basic materials company’s stock worth $25,000 after buying an additional 515 shares during the last quarter. Bessemer Group Inc. increased its holdings in United States Steel by 64.0% during the 4th quarter. Bessemer Group Inc. now owns 710 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 277 shares in the last quarter. Ameliora Wealth Management Ltd. acquired a new position in United States Steel during the fourth quarter worth about $27,000. ORG Wealth Partners LLC purchased a new stake in shares of United States Steel in the fourth quarter valued at about $30,000. Finally, Versant Capital Management Inc grew its position in shares of United States Steel by 45.3% in the first quarter. Versant Capital Management Inc now owns 911 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 284 shares during the last quarter. Hedge funds and other institutional investors 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, March 12th. Shareholders of record on Monday, February 10th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend was Monday, February 10th. United States Steel’s payout ratio is 13.42%.

About United States Steel

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.