US Steel
X

$31.27

4.44%

Market Cap: $7.03B

About: United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.

Employees: 21,803

Materials Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

8% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 151

0.25% more ownership

Funds ownership: 87.37% [Q1] → 87.62% (+0.25%) [Q2]

4% less funds holding

Funds holding: 483 [Q1] → 462 (-21) [Q2]

6% less capital invested

Capital invested by funds: $7.95B [Q1] → $7.44B (-$508M) [Q2]

13% less funds holding in top 10

Funds holding in top 10: 31 [Q1] → 27 (-4) [Q2]

26% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 81

54% less call options, than puts

Call options by funds: $1.05B | Put options by funds: $2.27B

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Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$40

28%

upside

Avg. target

$44

40%

upside

High target

$49

57%

upside

4 analyst ratings

3 positive

75%

1 neutral

25%

0 negative

0%

Jefferies Christopher LeFemina 33% 1-year accuracy 1 / 3 met price target	31%upside $41	Buy Maintained	5 Sept 2024
Morgan Stanley Carlos De Alba 31% 1-year accuracy 8 / 26 met price target	57%upside $49	Overweight Maintained	15 Aug 2024
JP Morgan Bill Peterson 26% 1-year accuracy 5 / 19 met price target	28%upside $40	Neutral Maintained	16 Jul 2024
BMO Capital Katja Jancic 11% 1-year accuracy 1 / 9 met price target	44%upside $45	Outperform Upgraded	26 Jun 2024

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Financial journalist opinion

Based on 40 articles about X published over the past 30 days

U. S. Steel, USW and Wheeling-Nippon File Trade Cases on Imports of Corrosion-Resistant Steel

PITTSBURGH--(BUSINESS WIRE)--On September 5, 2024, U. S. Steel, along with the United Steelworkers union (“USW”) and Wheeling-Nippon, has filed antidumping and countervailing duty petitions with the United States Department of Commerce (“DOC”) and the United States International Trade Commission (“ITC”), on imports of corrosion-resistant steel (“CORE”) from Australia, Brazil, Canada1, Mexico, Netherlands, South Africa, Taiwan, Turkey, United Arab Emirates, and Vietnam. Duane D. Holloway, Senior.

U. S. Steel, USW and Wheeling-Nippon File Trade Cases on Imports of Corrosion-Resistant Steel

CNBC Television

Former Commerce Secretary Gutierrez on why Nippon-U.S. Steel deal needs to happen

Former Commerce Secretary Carlos Gutierrez and former Commerce Secretary Gary Locke join 'The Exchange' to discuss the steel wars and trade.

Former Commerce Secretary Gutierrez on why Nippon-U.S. Steel deal needs to happen

Business Insider

The fight over US Steel is intensifying, and a top competitor now wants in

One of US Steel's rivals has entered the fight over the steelmaker's sale. US Steel threatened to close its mills if Biden blocks its sale to Japan's Nippon Steel.

The fight over US Steel is intensifying, and a top competitor now wants in

Bloomberg Markets and Finance

Summers Says Nippon Should be Allowed to Buy US Steel

Lawrence H. Summers, former US Treasury Secretary and Wall Street Week contributor, says Nippon Steel should be allowed to buy United States Steel Corp. President Joe Biden plans to kill it as soon as the so-called CFIUS referral lands on his desk, Bloomberg reported this week.

Summers Says Nippon Should be Allowed to Buy US Steel

U.S. Steel Stock Still Has Value. Wall Street Is Weighing In.

The average target for the stock price among analysts tracked by FactSet is about $42, while shares were at about $30 on Friday morning.

U.S. Steel Stock Still Has Value. Wall Street Is Weighing In.

Japan's top business lobby on alert over US review of Nippon's bid for US Steel

Japanese companies, especially those considering investing in the U.S., are closely watching Washington's review of Nippon Steel's proposed $15 billion acquisition of U.S. Steel , Japan's biggest business lobby Keidanren said on Friday.

Japan's top business lobby on alert over US review of Nippon's bid for US Steel

Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase

Nippon Steel and U.S. Steel are pushing back on reports their merger would undermine U.S. national security amid reports the Biden-Harris administration is preparing to block the deal.

Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase

CNBC Television

Herb Greenberg on the dealmaking landscape for U.S. Steel, Verizon and Topgolf

Herb Greenberg, Herb Greenberg on the Street editor, joins 'Squawk on the Street' to discuss the current dealmaking environment, what to glean from the Topgolf deal, and much more.

Herb Greenberg on the dealmaking landscape for U.S. Steel, Verizon and Topgolf

The Motley Fool

Why U.S. Steel Stock Fell This Week

The White House is reportedly preparing to block U.S. Steel's proposed acquisition by Nippon Steel. The U.S. government has the power to block transactions involving foreign buyers if national security issues are identified.

Why U.S. Steel Stock Fell This Week

Is Nippon Steel's acquisition of US Steel a real national security concern?

The US government is reportedly considering blocking Japan's Nippon Steel Corp (TYO: 5401) from acquiring United States Steel Corporation (NYSE: X) for $14.1 billion, citing national security concerns. However, no clear public evidence supports this claim, according to Matthew Slaughter, Dean of Dartmouth's Tuck School of Business.

Is Nippon Steel's acquisition of US Steel a real national security concern?

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