(usda loan mortgage companies, qualifications for a conventional mortgage loan, mortgage home loan process, va mortgage loan credit score requirements, what is the mortgage rate for a va loan, how to apply for a va mortgage loan, mortgage loan omaha, movement mortgage va loan, sierra pacific mortgage my home loan, when to refinance mortgage loan, how much is a jumbo mortgage loan, mortgage loan options for first time home buyers, mortgage loan income to debt ratio, what does it take to be a mortgage loan officer, refinance mortgage and equity loan, qualify for a fha mortgage loan, second mortgage or home equity loan, advantages of a va mortgage loan, va mortgage loan closing costs, apply for mortgage loan online with bad credit, mortgage loan disclosures within 3 days, how to get home mortgage loan, federal home loan mortgage company, prequalify for mortgage loan online, refinance mortgage vs home equity loan, citigroup mortgage loan trust inc phone number, mortgage loan pre approval online, mortgage loan expenses, apply online for mortgage loan, second mortgage loan companies, harp loan second mortgage, fha loan without mortgage insurance, home loan mortgage broker, can i refinance my mortgage and home equity loan together, what is the maximum loan amount for a reverse mortgage, 200k loan mortgage, can i get a home improvement loan with my mortgage, 21st mortgage loan requirements, no mortgage home equity loan, pre approved mortgage but denied loan, bank or mortgage company for home loan, mortgage loan grants, va loan mortgage companies, 100 loan to value mortgage refinance, mortgage loan rate vs apr, veterans mortgage loan, estimate mortgage loan approval amount, who can get a va mortgage loan, is a home equity loan the same as a mortgage, va mortgage loan eligibility, difference between mortgage and home loan, reverse mortgage loan rates, reverse mortgage home loan, reverse mortgage loan scheme sbi, best cheapest car insurance company, who is the best car insurance company for young drivers, best term insurance company, best online car insurance company, best insurance company for drivers with points, best cheap car insurance company, best company for auto insurance, best cheapest auto insurance company, best car insurance company for new drivers, best company for car insurance, cheapest best auto insurance company, which is the best insurance company for auto, what is the best home and auto insurance company, what is the best and cheapest auto insurance company, best and cheapest car insurance company, best company for home and auto insurance, navigators insurance company am best rating, best car insurance company 2015, what is the best insurance company for auto, best car insurance company california, what is the cheapest and best car insurance company, best car insurance company in california, best online insurance company, who is the best rated auto insurance company, best insurance company for auto and home, automotive accident lawyers, accident automotive, automotive insurance company, cheap automotive insurance, automotive insurance, automotive insurance quotes, automotive insurance new york, automotive insurance companies, automotive certification online)

United States Steel Co. to Issue Quarterly Dividend of $0.05 (NYSE:X)

United States Steel Co. (NYSE:X – Get Rating) introduced a quarterly dividend on Thursday, October 27, investing.com experiences. Shareholders of report on Monday, November 7 will obtain a dividend of $0.05 per share on Thursday, December 8 from the supplies firm. That’s an annual dividend of $0.20 and a yield of 0.98%. The ex-dividend date of this dividend is Friday November 4th.

United States Steel has diminished its dividend by a median of 26.3% per yr for the final three years and has elevated its dividend yearly for the final 1 consecutive yr. United States Steel has a dividend payout ratio of 7.8%, which suggests its dividend is sufficiently backed by earnings. Equity analysts count on United States Steel to earn $2.12 per share over the following yr, that means the corporate ought to nonetheless have the opportunity to pay its annual dividend of $0.20 with an anticipated future payout ratio of 9.4% to cowl.

US metal inventory efficiency

X’s shares opened at $20.51 on Friday. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of 1.70 and a beta of 2.15. The firm has a fast ratio of 1.32, a present ratio of 1.98 and a debt to fairness ratio of 0.38. The firm’s 50-day shifting common is $21.08 and its 200-day shifting common is $23.15. United States Steel has a 52-week low of $16.41 and a 52-week excessive of $39.25.

United States Steel (NYSE:X – Get Rating) final launched its earnings outcomes on Friday, October twenty eighth. The supplies firm reported earnings per share of $1.95 for the quarter, beating the consensus estimate of $1.93 by $0.02. United States Steel had a web margin of 21.59% and a return on fairness of 49.21%. The firm had income of $5.20 billion for the quarter, in contrast to the consensus estimate of $4.99 billion. In the identical quarter final yr, the corporate earned $5.36 per share. The firm’s income fell 12.8% yr over yr. Analysts are forecasting that United States Steel will put up 9.83 EPS for the present fiscal yr.

Wall Street analyst ponders

A quantity of equities analysts have issued experiences on the inventory. Morgan Stanley raised its worth goal on United States Steel shares to $21.50 from $20.00 and gave a ranking on the inventory in a report on Monday, March 1. Credit Suisse Group lowered its worth goal on United States Steel from $44.00 to $37.00 and rated the corporate as Outperform in a analysis report on Friday, September 16. Citigroup raised its goal worth on United States Steel to $27.00 in a analysis report on Tuesday, September 13. Goldman Sachs Group has lowered its worth goal on shares of United States Steel from $21.00 to $18.00 and put the corporate on a promote rank in a report on Thursday, October sixth. Finally, on Wednesday, October twelfth, StockInformation.com started protection of United States Steel inventory in a report. They gave the inventory a “hold” ranking. Three equities analysis analysts have assigned a promote ranking to the inventory, three have given a maintain ranking and one has given a purchase ranking to the corporate’s inventory. Based on information from MarketBeat, the inventory at present has a median ranking of Hold and a consensus goal of $25.19.

Institutional buying and selling in US metal

Several institutional buyers and hedge funds have lately elevated or diminished their holdings in X. Captrust Financial Advisors elevated its place in United States Steel by 1.5% throughout the second quarter. Captrust Financial Advisors now owns 35,254 shares of the supplies firm, valued at $631,000, having bought a further 514 shares throughout the interval. Legal & General Group Plc elevated its place in United States Steel shares by 29.6% within the second quarter. Legal & General Group Plc now owns 644,466 shares of the supplies firm, valued at $11,542,000, after buying a further 147,015 shares final quarter. Walleye Capital LLC bought a brand new place in United States Steel inventory valued at roughly $359,000 throughout the second quarter. The United Services Automobile Association acquired a brand new curiosity in United States Steel inventory valued at roughly $500,000 throughout the second quarter. Finally, Thrivent Financial for Lutherans elevated its place in United States Steel by 4.1% throughout the second quarter. Thrivent Financial for Lutherans now owns 279,083 shares of the supplies firm, valued at $4,998,000, after buying a further 11,066 shares final quarter. 79.08% of the shares are owned by institutional buyers and hedge funds.

United States Steel introduced that its Board of Directors initiated a inventory repurchase program on Thursday, July 28, permitting the Company to repurchase $500.00 million of excellent shares. This buyback authorization permits the supplies firm to purchase up to 8.8% of its inventory via open market purchases. Stock buyback packages are often an indication that the corporate’s board of administrators believes its inventory is undervalued.

About United States Steel

(get ranking)

United States Steel Corporation manufactures and sells flat rolled and tubular metal merchandise primarily in North America and Europe. It operates via 4 segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, US Steel Europe (USSE) and Tubular Products (Tubular). The Flat-Rolled section provides slabs, rolled plates, sheets and tinplate merchandise in addition to iron ore and coke.

Further studying

Dividend History for United States Steel (NYSE:X)

This instantaneous information alert was generated by MarketBeat’s narrative science know-how and monetary information to present readers with the quickest, most correct reporting. This story was reviewed by the MarketBeat editorial staff prior to publication. Please ship questions or feedback about this story to [email protected]

Before you consider United States Steel, it is best to hear this.

MarketBeat tracks Wall Street’s best-in-class, top-performing analysis analysts and the shares they advocate to their shoppers each day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their shoppers to purchase now, earlier than the broader market takes maintain… and United States Steel wasn’t on the record.

While United States Steel is at present rated a Hold by analysts, prime analysts consider these 5 shares are higher buys.

Check out the 5 shares right here

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button