JP Morgan Maintains Neutral on United States Steel, Lowers Price Target to $40
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Steel/Iron Ore
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JP Morgan analyst Bill Peterson maintains United States Steel (NYSE:X) with a Neutral and lowers the price target from $43 to $40.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/9/2024 | $40.00 → $42.00 | Neutral → Overweight | JP Morgan |
| 9/6/2024 | $40.00 | Neutral → Outperform | Exane BNP Paribas |
| 6/26/2024 | $43.00 → $45.00 | Market Perform → Outperform | BMO Capital Markets |
| 5/20/2024 | $45.00 | Buy | Jefferies |
| 5/6/2024 | $51.00 → $48.00 | Equal-Weight → Overweight | Morgan Stanley |
| 4/9/2024 | $46.00 | Peer Perform → Outperform | Wolfe Research |
| 2/15/2024 | $40.00 → $51.00 | Overweight → Equal-Weight | Morgan Stanley |
| 2/9/2024 | $52.00 → $47.00 | Neutral | JP Morgan |
United States Steel Corporation (NYSE:X) ("U. S. Steel") announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, December 11, 2024, to stockholders of record at the close of business on Monday, November 11, 2024. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company's customer-centric Best for All® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging indus
Third quarter 2024 net earnings of $119 million, or $0.48 per diluted share. Third quarter 2024 adjusted net earnings of $140 million, or $0.56 per diluted share. Third quarter 2024 adjusted EBITDA of $319 million. United States Steel Corporation (NYSE:X) reported third quarter 2024 net earnings of $119 million, or $0.48 per diluted share. Adjusted net earnings was $140 million, or $0.56 per diluted share. This compares to third quarter 2023 net earnings of $299 million, or $1.20 per diluted share. Adjusted net earnings for the third quarter 2023 was $350 million, or $1.40 per diluted share. Commenting on the Company's third quarter performance, U. S. Steel President and Chief Exe
United States Steel Corporation (NYSE:X) ("U. S. Steel") today announced that it will release financial results for the third quarter 2024 on Thursday, October 31, 2024, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be acquired by Nippon Steel Corporation. In light of the pending transaction, the company will not hold an earnings conference call. Instead, the company's earnings release, presentation, and segment and financial operational data will be issued concurrently. To access the materials, visit the company's website at www.ussteel.com and click "Investors." Fina
United States Steel Corporation (NYSE:X) ("U. S. Steel") announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, December 11, 2024, to stockholders of record at the close of business on Monday, November 11, 2024. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company's customer-centric Best for All® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging indus
Third quarter 2024 net earnings of $119 million, or $0.48 per diluted share. Third quarter 2024 adjusted net earnings of $140 million, or $0.56 per diluted share. Third quarter 2024 adjusted EBITDA of $319 million. United States Steel Corporation (NYSE:X) reported third quarter 2024 net earnings of $119 million, or $0.48 per diluted share. Adjusted net earnings was $140 million, or $0.56 per diluted share. This compares to third quarter 2023 net earnings of $299 million, or $1.20 per diluted share. Adjusted net earnings for the third quarter 2023 was $350 million, or $1.40 per diluted share. Commenting on the Company's third quarter performance, U. S. Steel President and Chief Exe
United States Steel Corporation (NYSE:X) ("U. S. Steel") today announced that it will release financial results for the third quarter 2024 on Thursday, October 31, 2024, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be acquired by Nippon Steel Corporation. In light of the pending transaction, the company will not hold an earnings conference call. Instead, the company's earnings release, presentation, and segment and financial operational data will be issued concurrently. To access the materials, visit the company's website at www.ussteel.com and click "Investors." Fina
4 - UNITED STATES STEEL CORP (0001163302) (Issuer)
4 - UNITED STATES STEEL CORP (0001163302) (Issuer)
4 - UNITED STATES STEEL CORP (0001163302) (Issuer)
SC 13G - UNITED STATES STEEL CORP (0001163302) (Subject)
SC 13G/A - UNITED STATES STEEL CORP (0001163302) (Subject)
SC 13G/A - UNITED STATES STEEL CORP (0001163302) (Subject)
United States Steel (NYSE:X) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 1 1 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $44.2, a high estimate of $48.00, and a low estimate of $40.00. This current av
JP Morgan analyst Bill Peterson maintains United States Steel (NYSE:X) with a Neutral and lowers the price target from $43 to $40.
U. S. Steel's Big River Steel, located in Osceola, Arkansas, passed a rigorous set of standards in environmental, social, and governance categories that raise the bar for sustainability across the steel supply chain. United States Steel Corporation (NYSE:X) ("U. S. Steel") today announced it is the first steel company in the world to qualify to sell its products as ResponsibleSteel Certified Steel at its Big River facility in Osceola, Arkansas. Big River received the first ResponsibleSteel Site Certification in North America in 2022 and is once again at the forefront of innovation by achieving certification for sustainably sourced and manufactured steel. This press release features multime
United States Steel Corporation (NYSE:X) ("U. S. Steel") today announced the appointment of Emily Chieng as Investor Relations Officer, effective September 2023. She succeeds Kevin Lewis who was appointed Vice President, Finance in December 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230801604874/en/Emily Chieng (Photo: Business Wire) In her role, Chieng will focus on enhancing understanding and awareness of the company's Best for All® strategy by facilitating communications between current and prospective investors, the company's senior leadership team and the broader financial community. She will report to Lewis. "A
United States Steel Corporation (NYSE:X) ("U. S. Steel") announced the appointment of two new executive leaders, Christian Gianni as Senior Vice President & Chief Technology Officer (CTO) and John Gordon as Senior Vice President, Raw Materials & Sustainable Resources. Mr. Gianni and Mr. Gordon report directly to David B. Burritt, President and Chief Executive Officer, as members of the Company's executive management team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221221005632/en/Christian Gianni (Photo: Business Wire) These appointments will help accelerate U. S. Steel's Best for All® strategy and our ability to deliver high
JP Morgan upgraded U.S. Steel from Neutral to Overweight and set a new price target of $42.00 from $40.00 previously
Exane BNP Paribas upgraded U.S. Steel from Neutral to Outperform and set a new price target of $40.00
BMO Capital Markets upgraded U.S. Steel from Market Perform to Outperform and set a new price target of $45.00 from $43.00 previously
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