에 대한 최신 뉴스 United States Steel (NYSE:X) 주식

United States Steel

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.

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파산 블록 미국의 교도소 의료 서비스 제공업체인 웰패스 홀딩스(Wellpath Holdings Inc.)는 파산 신청을 준비 중이다. H.I.G. 캐피털 소유 테네시주 내슈빌에 본사를 둔 이 회사는 부채와 인건비 문제로 어려움을 겪고 있다. 대출 기관들과의 유예 계약을 포함한 노력에도 불구하고 재정적 부담은 지속되었다.

딜 디스패치: 선거 이후 교도소 회사들에 초점, 트립어드바이저는 11억 달러 현금 보유 등

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US 스틸(NYSE:X)은 목요일 시장 마감 후 3분기 실적을 발표했다. 이 발표로 주가는 시간외 거래에서 1% 상승했다. 보고서의 세부사항은 다음과 같다.

US 스틸, 예상을 뛰어넘는 3분기 실적 발표, 일본제철과의 거래 연말까지 마무리 목표

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2024년 5월 31일 주요 뉴스: 프랭크 R. 크루즈(Frank R. Cruz)의 법률 사무소에서는 잠재적인 연방 증권법 위반 여부에 대해 U.S. 스틸 (NYSE:X)을 조사하고 있다.

금요일 주요 광업 뉴스: U.S. 스틸, 카이저 알루미늄, 커머셜 메탈스, 골드 로열티

United States Steel Corporation Common Stock

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Whales with a lot of money to spend have taken a noticeably bearish stance on United States Steel.
Looking at options history for United States Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 11% of the investors opened trades with bullish expectations and 74% with bearish.
From the overall spotted trades, 20 are puts, for a total amount of $2,790,881 and 7, calls, for a total amount of $1,272,720.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $30.0 and $50.0 for United States Steel, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for United States Steel's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across United States Steel's significant trades, within a strike price range of $30.0 to $50.0, over the past month.
<h3>United States Steel 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731524423_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>X</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.85</td>
<td>$3.3</td>
<td>$3.4</td>
<td>$43.00</td>
<td>$1.0M</td>
<td>15.6K</td>
<td>3.0K</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.66</td>
<td>$2.35</td>
<td>$2.65</td>
<td>$35.00</td>
<td>$795.0K</td>
<td>5.8K</td>
<td>3.0K</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.6</td>
<td>$6.2</td>
<td>$6.3</td>
<td>$40.00</td>
<td>$598.5K</td>
<td>130.9K</td>
<td>3.5K</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.55</td>
<td>$6.2</td>
<td>$6.55</td>
<td>$40.00</td>
<td>$163.7K</td>
<td>130.9K</td>
<td>4.0K</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.6</td>
<td>$6.15</td>
<td>$6.55</td>
<td>$40.00</td>
<td>$163.7K</td>
<td>130.9K</td>
<td>3.7K</td>
</tr>
</tbody>
</table>

<h3>About United States Steel</h3>
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.
In light of the recent options history for United States Steel, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is United States Steel Standing Right Now?</h3>
<ul>
<li>With a trading volume of 4,361,438, the price of X is up by 0.77%, reaching $40.34.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 78 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for United States Steel</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $43.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from BMO Capital has decided to maintain their Outperform rating on United States Steel, which currently sits at a price target of $43. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest United States Steel options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

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Smart Money Is Betting Big In United States Steel Options

<h3 class="wp-block-heading">Bankruptcy Block</h3>
Wellpath Holdings Inc., a major provider of healthcare services to jails across the U.S., is preparing <a href="https://www.benzinga.com/topic/bankruptcy">to file for bankruptcy</a>. 
Owned by H.I.G. Capital, the Nashville, Tenn.-based company has struggled with debt and labor costs. Despite efforts, including a forbearance agreement with lenders, financial strains have persisted. 
This move comes as prison stocks Geo Group (NYES: GEO) and CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) moved positively to the news that Donald Trump won <a href="https://www.benzinga.com/general/politics/24/11/41779902/prison-stocks-geo-group-corecivic-rally-on-trump-2024-election-win-history-shows-the-gains-may-n">the 2024 presidential election</a>.
Meanwhile, Toronto-based Slang Worldwide Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/SLNG#CSE">SLNG</a>) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/SLGWF#OTCQB">SLGWF</a>) is entering receivership in Colorado and declared bankruptcy in Canada. Unable to repay amounts owed under its credit agreement, which matures on Nov. 15, 2024, Slang will likely dispose of or sell its assets <a href="https://www.benzinga.com/markets/cannabis/24/11/41778383/another-one-bites-the-dust-slang-worldwide-files-for-bankruptcy-due-to-inability-to-pay-debt">through a receivership process</a>.
<h3 class="wp-block-heading">New On The Block</h3>
Tripadvisor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) is currently exploring &#8220;strategic alternatives,&#8221; which is corporate jargon for a sale. According <a href="https://uk.finance.yahoo.com/news/q3-2024-tripadvisor-inc-earnings-133036809.html">to </a>CFO Mike Noonan, the company ended Q3 with $1.1 billion in cash. Should a firm make an offer, it would have to woo Liberty Media, which owns about 21% of Tripadvisor common stock — an approximate 57% voting interest.
KKR &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>) wants to sell its stake in JB Chemicals &amp; Pharmaceuticals Ltd. via a block trade in the market, <a href="https://www.bloomberg.com/news/articles/2024-11-06/kkr-is-said-to-consider-selling-750-million-stake-in-jb-pharma">per</a> Bloomberg. The private equity firm is working with an investment bank as it considers selling about $750 million worth of stock in the Indian-listed company. The size of the deal could jump to $1 billion depending on demand.
See Also: <a href="https://www.benzinga.com/news/24/11/41698607/kamala-harris-ready-if-trump-decides-to-falsely-declare-victory-we-are-prepared-to-respond">Harris &#8216;Ready&#8217; If Trump Decides To &#8216;Falsely&#8217; Declare Victory: &#8216;We Are Prepared To Respond&#8217;</a>
<h3 class="wp-block-heading">Off The Block</h3>
Anglo American (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AAUKF#OTC">AAUKF</a>) has agreed to sell its 33.3% stake in the Jellinbah Group to Zashvin for $1.1 billion. Per the plan laid out <a href="https://www.benzinga.com/news/large-cap/24/05/38826363/anglo-american-expedites-plan-to-divest-de-beers-other-assets-after-rebuffing-bhp-takeover-bid" target="_blank" rel="noreferrer noopener">earlier this year</a>, the company is focusing on <a href="https://www.benzinga.com/topic/copper" target="_blank" rel="noreferrer noopener">copper</a>, iron ore, and crop nutrients. The joint venture holds a 70% interest in two major metallurgical coal mines in Queensland: Jellinbah East and Lake Vermont. Anglo did not operate these mines <a href="https://www.benzinga.com/news/large-cap/24/11/41739206/anglo-american-offloads-1-1-billion-coal-stake-proceeds-with-restructuring">nor market their output</a>.
Blackstone agreed to buy Retail Opportunity Investments Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIC#NASDAQ">ROIC</a>), a U.S. shopping mall owner. The Stephen A. Schwarzman-run private equity firm valued the real estate investment trust at <a href="https://www.benzinga.com/markets/24/11/41803407/is-blackstone-finalizing-a-deal-to-acquire-one-of-americas-largest-retail-reits">around $4 billion, including debt</a>.
Air Transport Services Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATSG#NASDAQ">ATSG</a>) is going private. Investment firm Stonepeak is acquiring the aircraft lessor for $3.1 billion, including debt.
<h3 class="wp-block-heading">Updates From The Block</h3>
Nippon Steel Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NISTF#OTC">NISTF</a>) remains optimistic about finalizing its $14.1 billion acquisition of United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) by the end of the year. The Japanese company is navigating opposition from unions and the Biden administration, while also facing potential hurdles from the recent election of Donald Trump, who <a href="https://www.benzinga.com/m-a/24/11/41806893/nippon-steel-remains-confident-in-14b-us-steel-deal-despite-trumps-resistance-there-can-be-construct">plans to block the deal</a>.
Brookfield launched a sale process for Aveo, a Sydney-based retirement home operator, in June. The Australian reports that the $3-billion company will likely not get sold until 2025. 
<h3 class="wp-block-heading">Notes From The Block</h3>
Jim Cramer expressed optimism about a resurgence in M&amp;A with <a href="https://www.benzinga.com/24/11/41857971/trumps-win-sends-wall-street-to-record-highs-small-caps-tesla-outperform-fed-cuts-interest-rates-this-week-in-the-market">the incoming Trump administration</a>. Cramer predicts a more lenient approach to M&amp;A approvals compared to the previous administration, which was known for its stringent antitrust scrutiny. The &#8220;Mad Money&#8221; host also highlighted that the regional banking sector could significantly benefit from increased M&amp;A activity, allowing banks to grow by acquiring smaller entities or merging to <a href="https://www.benzinga.com/m-a/24/11/41805370/jim-cramer-hopes-m-a-to-come-back-bigly-under-trump-administration">form larger "super regionals.&#8221;</a>
For last week&#8217;s column, <a href="https://www.benzinga.com/m-a/24/11/41700829/deal-dispatch-tgi-fridays-goes-bankrupt-bhp-backtracks-comments-and-more-m-a-news">click here.</a>
Now Read: 
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Deal Dispatch: Prison Companies In Focus Post-Election, Tripadvisor Boasts $11B In Cash

Amid political challenges, Nippon Steel Corp.(OTC:<a class="ticker" href="https://www.benzinga.com/stock/NISTF#OTC">NISTF</a>) remains optimistic about finalizing its $14.1 billion acquisition of United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) by the end of the year. The Japanese company is navigating opposition from unions and the Biden administration, while also facing potential hurdles from the recent election of Donald Trump, who plans to block the deal.
What Happened: Nippon Steel is determined to proceed with its acquisition of U.S. Steel, despite facing resistance from several fronts. The company argues that the deal will benefit the U.S. economy by creating jobs and enhancing competitiveness against China&#8217;s steel industry, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-11-07/nippon-steel-still-thinks-us-deal-can-be-completed-this-year">reported </a>on Thursday.
However, Trump&#8217;s election victory has introduced new complications, as he intends to block the acquisition in line with his anticipated isolationist policies. The United Steelworkers union also opposes the deal, citing concerns over job security for its members.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41763537/bitcoin-hits-71k-ethereum-dogecoin-surge-as-results-trickle-in-for-trump-harris-presidenti?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin Hits $71K, Ethereum, Dogecoin Surge As Results Trickle In For Trump-Harris Presidential Battle: A</a>
Vice Chairman Takahiro Mori of Nippon Steel expressed optimism. "Now that the election is over, we believe that there can be constructive discussions about this deal," he said.
The company has received approval from the Committee on Foreign Investment in the United States to refile its bid, extending its timeline to finalize the acquisition. Nippon Steel has also committed to a $1.3 billion investment in U.S. Steel operations and plans to sell its stake in an Alabama mill to address antitrust concerns.
Why It Matters: The acquisition of U.S. Steel by Nippon Steel has been a topic of significant interest, especially following U.S. Steel&#8217;s <a href="https://www.benzinga.com/news/earnings/24/10/41665667/us-steel-reports-better-than-expected-q3-results-aims-to-close-nippon-steel-deal-by-year-end">better-than-expected third-quarter results</a>, which bolstered confidence in the deal&#8217;s completion by year-end. However, political opposition has been a major hurdle. 
In October, <a href="https://www.benzinga.com/markets/equities/24/10/41445066/as-trump-kamala-harris-and-biden-unite-against-nippon-steels-15b-us-steel-acquisition-japanese-s">Trump, Kamala Harris, and Biden</a> voiced against the acquisition, leading Nippon Steel to increase its lobbying efforts in Washington, spending $1.3 million between July and September. This acquisition is crucial for Nippon Steel&#8217;s strategy to expand its global footprint and compete with Chinese steelmakers, making the outcome of this deal significant for the international steel industry.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41794596/bitcoin-ethereum-dogecoin-slingshot-to-the-moon-after-trump-victory-but-sharp-correction-m?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Slingshot To The Moon After Trump Victory But &#8216;Sharp&#8217; Correction Might Be In Store: Analyst Views BTC Between $80-90K By End Of Year</a></li>
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors
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General

Nippon Steel Remains Confident In $14B US Steel Deal Despite Trump's Resistance: 'There Can Be Constructive Discussions'

The U.S. election results have stirred up first reactions in the markets. Analysts from JPMorgan Chase &amp; Co see Donald Trump&#8217;s return to the White House as a potential shift in the <a href="https://www.benzinga.com/markets/commodities">commodity market</a>.
The bank&#8217;s equity research analyst, Bill Peterson, noted Trump&#8217;s history of deregulation and tariff-heavy policies, suggesting that this approach could lead to greater domestic support for the U.S. steel industry.
&#8220;We expect a broad-based positive knee-jerk reaction for steel equities," Peterson said in a note, pointing to the likely impact of more tariffs on Chinese and Mexican steel. In contrast, metals closely tied to the Chinese market, such as copper, may face downward pressure due to heightened U.S.-China trade tensions.
United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) shares closed the day rallying over 8%. 
Concerns about tariffs are particularly high in Canada, where Toronto's commodity-heavy market is sensitive to U.S. economic policy. The Toronto Stock Exchange's materials sector has already felt the impact, with GreenFirst Forest Products (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ICLTF#OTC">ICLTF</a>) closing Wednesday down 3.40%.
While the U.S. dollar had periods of decoupling from its typically inverse correlation to commodity prices, that was not the case following the election results.
&#8220;A strong U.S. dollar has somewhat weighed on commodity prices," Douglas Porter, chief economist at BMO Capital Markets, said <a href="https://www.reuters.com/markets/tsx-futures-surge-more-than-1-after-trumps-election-victory-2024-11-06/">per</a> Reuters.
Notably, Porter was one of the voices pointing out the elephant in the room: the budget deficit issue. 
"The reality is that neither presidential candidate has offered any serious path to reining in the budget deficit — quite the opposite for the most part," he <a href="https://economics.bmo.com/en/publications/detail/8f1107e4-aca6-4249-8b06-e7f638059877/">wrote</a> in September.
Porter&#8217;s current insight reflects a broader worry that if Trump imposes aggressive tariffs, the Canadian market's reliance on resource exports could be at risk, impacting commodity-driven industries across North America.
Over his first term, Trump has consistently supported the U.S. mining sector. In 2020, he issued an executive order backing critical mineral mining, stating, "A strong America cannot be dependent on imports from foreign adversaries for the critical minerals necessary to maintain our economic and military strength."
Trump&#8217;s 25% tariff on imported steel and 10% on aluminum from 2018 was eventually revoked by the Biden administration.
Trump's emphasis on "American independence" in mining could signal more federal backing for domestic projects if he pursues similar policies in his second term.
Still, experts warn about the necessity from the demand side.
"There's not actually much being done on the demand side to make sure that these products are going to have an off-taker," said John Jacobs, a senior policy analyst at the Bipartisan Policy Center <a href="https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/trump-harris-back-mining-but-producers-unsatisfied-83216353">per</a> S&amp;P Global.
Yet, the mining issue might be too complex for any administration to address over a single term. Currently, there are no operational U.S. mines focused on essential battery metals like cobalt or graphite and only one active nickel mine.
Read Next: • <a href="https://www.benzinga.com/markets/equities/24/11/41785495/us-treasuries-take-sharpest-plunge-in-a-year-ahead-of-fed-meeting-could-powell-adjust-stance-in-">US Treasuries Take Sharpest Plunge In A Year Ahead Of Fed Meeting: Could Powell Adjust Stance In Response To Trump?</a>
Photo by QinJin on Shutterstock

Politics

ICLTF

Trump's Victory A Tailwind For Domestic Steel, Risk For Canada, Say Analysts

United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) announced Thursday its <a href="https://www.benzinga.com/news/earnings/24/10/41665667/us-steel-reports-better-than-expected-q3-results-aims-to-close-nippon-steel-deal-by-year-end">third-quarter earnings</a>, reporting a profit of 56 cents per share, exceeding analyst forecasts of 47 cents. The company also generated revenue of $3.85 billion, surpassing expectations of $3.77 billion.
The company achieved an adjusted EBITDA of $319 million, demonstrating resilience despite lower selling prices. CEO David B. Burritt noted strong performance in the North American Flat-Rolled (NAFR) segment.
Looking ahead, U.S. Steel expects fourth-quarter adjusted EBITDA between $225 million and $275 million, and continues to work towards finalizing its deal with Nippon Steel by year-end. 
Here&#8217;s how analysts <a href="https://www.benzinga.com/quote/X/analyst-ratings">view the company</a> following third-quarter results.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41690154/shock-october-jobs-report-leaves-fed-in-tight-spot-experts-say-interest-rate-cuts-a">Shock October Jobs Report Leaves Fed In &#8216;Tight Spot&#8217;: Experts Say Interest Rate Cuts Ahead</a>
KeyBanc analyst Philip Gibbs highlighted positive factors such as better NAFR pricing and European carbon credit benefits, though performance in the Mini Mill/Big River and Tubular segments lagged.
U.S. Steel&#8217;s fourth quarter adjusted EBITDA expectations came in higher than KeyBanc&#8217;s $205 million estimate, but anticipates a decline in NAFR pricing and weaker European results. The company also raised its 2024 capex budget to $2.3 billion due to cost overruns, with a 2025 capex plan of $1 billion.
Regarding the potential transaction with Nippon Steel, U.S. Steel hopes to close the deal by year-end. However, there are concerns about political opposition and regulatory reviews.
BMO Capital Markets analyst Katja Jancic noted how capex has increased for the second consecutive quarter to approximately $2.3 billion, which is disappointing; however, half of this increase is attributed to costs being pulled forward. 
Despite this, a significant decline in capex is expected for 2025 and beyond, with plans to reduce it to around $1 billion. BMO is lowering their estimates due to ongoing demand and pricing softness, setting a new price target of $43, down from the previous target of $45 alongside an Outperform rating.
Overall, BMO maintains a positive outlook on U.S. Steel&#8217;s investments translating into improved profitability and free cash flow over time.
Read Also: <a href="https://www.benzinga.com/news/large-cap/24/11/41689431/oil-prices-almost-recoup-week-losses-as-iran-mulls-retaliatory-attack-against-israel-prior-to-us-e">Oil Prices Almost Recoup Week Losses As Iran Mulls Retaliatory Attack On Israel Prior To US Elections</a>
<h2 class="wp-block-heading">How To Buy X Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange-traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in United States Steel&#8217;s case, it is in the Materials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, X has a 52-week high of $50.20 and a 52-week low of $26.92.
Read Next:
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<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41663633/biggest-gold-etf-posts-highest-monthly-inflows-in-2-5-years-as-investors-rush-to-" target="_blank" rel="noreferrer noopener">Biggest Gold ETF Posts Highest Monthly Inflows In 2.5 Years As Investors Rush To Safe Haven Ahead Of Presidential Election</a></li>
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Image: Shutterstock

US Steel Releases Q3 Earnings, Raises Capital Expenditures To $2.3 Billion

United States Steel's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) short percent of float has risen 4.9% since its last report. The company recently reported that it has 16.74 million shares sold short, which is 7.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.27 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>United States Steel Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730484051_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for United States Steel has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing United States Steel's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, United States Steel's peer group average for short interest as a percentage of float is 4.39%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into United States Steel's Recent Short Interest

BMO Capital analyst Katja Jancic maintains United States Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) with a Outperform and lowers the price target from $45 to $43.

Price Target

Analyst Ratings

BMO Capital Maintains Outperform on United States Steel, Lowers Price Target to $43

Guidance

United States Steel Now Expects 2024 Capital Spending Will Be $2.3B; Expects Total Capital Spend For BR2 Will Be About $3.6B

United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) reported its third-quarter results after Thursday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/10/b41664441/united-states-steel-corporation-reports-third-quarter-2024-results">details from the report.  </a>
The Details: U.S. Steel reported quarterly earnings of 56 cents per share which beat the analyst consensus estimate of 47 cents. Quarterly revenue came in at $3.85 billion, which beat the consensus estimate of $3.77 billion.
U.S. Steel said it will continue to work to close the deal with Nippon Steel by the year&#8217;s end. 
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41631795/reddit-remains-a-favorite-for-wall-street-after-emphatic-beat-and-raise-in-q3">Reddit &#8216;Remains A Favorite&#8217; For Wall Street After &#8216;Emphatic Beat And Raise&#8217; In Q3</a>
&#8220;Third quarter adjusted EBITDA of $319 million demonstrated resilience in our business model despite the weaker average selling prices experienced across our operating segments. The North American Flat-Rolled segment continued to benefit from a strong commercial strategy that leveraged a diverse product mix and a purposeful increase in contracted volumes across the end markets we serve,&#8221; said U. S. Steel CEO David B. Burritt. 
Outlook: U.S. Steel said it expects fourth-quarter adjusted EBITDA in the range of $225 million to $275 million.
X Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, U.S. Steel shares are down 0.90% after-hours at $38.50 at the time of publication Thursday.
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Image: Shutterstock

US Steel Reports Better-Than-Expected Q3 Results, Aims To Close Nippon Steel Deal By Year End

United States Steel Corp Says Continue To Work Towards Closing Transaction With Nippon Steel By Year-End

Q4 2024 Outlook
We expect fourth quarter adjusted EBITDA in the range of $225 million and $275 million. Our North American Flat-Rolled segment results should decrease slightly, driven largely by lower lagging average selling price expectations for the quarter. We expect an improvement in Mini Mill segment results, even after accounting for $25 million of related start-up and one-time construction costs at BR2, reflecting an expected improvement in average selling prices. In Europe, results are expected to be lower given the absence of the positive CO2 allocations and weak underlying demand and pricing conditions. Our Tubular segment results should be largely consistent with the third quarter.

U.S. Steel Sees Q4 Adjusted EBITDA In The Range Of $225M-$275M

United States Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.47 by 19.15 percent. This is a 60 percent decrease over earnings of $1.40 per share from the same period last year. The company reported quarterly sales of $3.85 billion which beat the analyst consensus estimate of $3.77 billion by 2.20 percent. This is a 13.04 percent decrease over sales of $4.43 billion the same period last year.

Earnings Beats

United States Steel Q3 Adj $0.56 Beats $0.47 Estimate, Sales $3.85B Beat $3.77B Estimate

Financial giants have made a conspicuous bearish move on United States Steel. Our analysis of options history for United States Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) revealed 8 unusual trades.
Delving into the details, we found 12% of traders were bullish, while 87% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $388,727, and 3 were calls, valued at $213,302.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $25.0 to $45.0 for United States Steel over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for United States Steel's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of United States Steel's whale trades within a strike price range from $25.0 to $45.0 in the last 30 days. 
<h3>United States Steel Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730320242_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>X</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$1.41</td>
<td>$1.06</td>
<td>$1.3</td>
<td>$25.00</td>
<td>$260.0K</td>
<td>40.2K</td>
<td>2.0K</td>
</tr>
<tr>
<td>X</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.0</td>
<td>$3.7</td>
<td>$3.7</td>
<td>$45.00</td>
<td>$102.8K</td>
<td>62.8K</td>
<td>501</td>
</tr>
<tr>
<td>X</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.75</td>
<td>$3.7</td>
<td>$3.75</td>
<td>$45.00</td>
<td>$69.3K</td>
<td>62.8K</td>
<td>223</td>
</tr>
<tr>
<td>X</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$1.43</td>
<td>$0.97</td>
<td>$1.05</td>
<td>$40.50</td>
<td>$41.0K</td>
<td>2.0K</td>
<td>401</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.55</td>
<td>$3.5</td>
<td>$3.55</td>
<td>$35.00</td>
<td>$35.8K</td>
<td>97.5K</td>
<td>725</td>
</tr>
</tbody>
</table>

<h3>About United States Steel</h3>
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.
Having examined the options trading patterns of United States Steel, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>United States Steel's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,414,302, the price of X is up by 0.18%, reaching $39.53.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 1 days from now.</li>
</ul>
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for United States Steel with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Unpacking the Latest Options Trading Trends in United States Steel

To secure its proposed acquisition of United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), Japanese steelmaker Nippon Steel (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NPSCY#OTC">NPSCY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NISTF#OTC">NISTF</a>) has boosted its lobbying spending in Washington.
What Happened: Nippon Steel has spent $1.3 million on lobbying between July and September, a substantial increase from the $1.1 million spent in the preceding seven months, according to a <a href="https://lda.senate.gov/filings/public/filing/4966e2b0-b81c-4186-b0c7-32633e4acc86/print/">disclosure</a> by the firm hired by the Japanese steelmaker.
The company is facing resistance from U.S. lawmakers, who have expressed concerns over the proposed $15 billion acquisition.
Nippon Steel hired Akin Gump Strauss Hauer &amp; Feld to lobby on issues related to the merger. The firm <a href="https://lda.senate.gov/filings/public/filing/c57e786a-a603-4359-b96a-bea177a6fa78/print/">disclosed</a> lobbying activities with various government bodies, including the House, Senate, and the Office of the U.S. Trade Representative.
The surge in lobbying spending coincides with a crucial phase for the merger in Washington. President Joe Biden was reportedly <a href="https://www.benzinga.com/m-a/24/09/40724057/biden-administration-reportedly-warns-nippon-steels-14-9b-acquisition-of-us-steel-poses-national-sec">set to block the acquisition in September</a>, prompting Nippon Steel&#8217;s vice chair to make a last-ditch effort to save the deal. 
The Committee on Foreign Investment in the United States (CFIUS) subsequently allowed Nippon Steel to refile its <a href="https://www.benzinga.com/government/24/09/40922003/us-steel-merger-faces-post-election-decision-as-national-security-fears-stall-nippon-deal">bid after the election</a>.
Nippon Steel did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41422633/investors-lost-over-95-of-their-wealth-in-this-nvidia-linked-etf-while-jensen-huang-led-chip-gia?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Investors Lost Over 95% Of Their Wealth In This Nvidia-Linked ETF While Jensen Huang-Led Chip Giant Gained 220% In The Past Year: Here&#8217;s More</a>
Why It Matters: The increased lobbying expenditure by Nippon Steel comes amid strong opposition to the acquisition from both sides of the political spectrum. This move reflects the company&#8217;s determination to push through the deal despite the challenges it faces in Washington.
Earlier in September, Democratic presidential candidate Kamala Harris <a href="https://www.benzinga.com/markets/equities/24/09/41045029/amid-nippon-us-steel-debacle-kamala-harris-stresses-importance-of-us-steel-production-even-if-it">emphasized the importance of maintaining domestic control over steel production</a>, even if it results in job losses. This stance aligns with the concerns expressed by U.S. lawmakers regarding the potential impact of the acquisition on American jobs and national security.
Meanwhile, former President&nbsp;Donald Trump&nbsp;has vowed to <a href="https://www.benzinga.com/markets/equities/24/09/40912183/amid-trump-and-harris-opposition-to-nippon-steels-14b-bid-for-us-steel-national-security-panel-t">block the deal if he is re-elected</a>.
Despite the opposition, Nippon Steel secured a favorable arbitration ruling in its <a href="https://www.benzinga.com/markets/equities/24/09/41038172/amid-resistance-from-harris-and-trump-nippon-steel-scores-favorable-arbitration-ruling-in-14-9b-">$15 billion acquisition of U.S. Steel</a>. The ruling, however, did not change the United Steelworkers&#8217; (USW) opposition to the deal.
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Equities

NPSCY

As Trump, Kamala Harris, And Biden Unite Against Nippon Steel's $15B US Steel Acquisition, Japanese Steelmaker Spends $1.3M On Lobbying Efforts

Former President Donald Trump shared his thoughts on tariffs, a potential breakup of Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), taxes, the Federal Reserve and more during an interview Tuesday at the Economic Club of Chicago, covering several topics that could be key to winning the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a>
What Happened: The interview, which was conducted by Bloomberg Editor-in-Chief John Micklethwait was tense at times over <a href="https://www.benzinga.com/real-estate/24/10/41333498/trumps-tariffs-vs-harriss-taxes-which-will-hit-luxury-real-estate-harder-experts-weigh-in">topics like tariffs</a>.
During the interview and shortly after, shares of Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) fell and were halted, potentially due to the former president's comments.
Shares of Trump Media &amp; Technology fell as low as $25.11 on Tuesday and finished the day down 9.6% at $27.06.
The stock rose Monday after the media company<a href="https://www.benzinga.com/news/24/10/41317581/whats-going-on-with-trump-media-technology-stock-monday"> announced the launch </a>of the Truth+ streaming platform.
Trump on Economy: Trump said his policies will bring back growth to the United States.
"We're all about growth," Trump said, as <a href="https://www.bloomberg.com/news/articles/2024-10-15/trump-defends-economic-agenda-saying-tariffs-will-fuel-growth?sref=TBDibEcD">reported </a>by Bloomberg. "We're going to bring companies back to our country."
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent101524">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
 Trump on Tariffs: During the interview, Trump argued against the notion that increasing tariffs on foreign goods could negatively impact American jobs, saying higher tariffs could protect "the companies that we have here and the new companies that will move in."
"It's going to have a massive effect, positive effect," Trump said. "The higher the tariff, the more likely it is that the company will come into the United States, and build a factory in the United States so it doesn't have to pay the tariff."
The comments come as Trump has proposed a 60% tariff on imports from China and 10% on the rest of the world.
Trump also said Tuesday that he would block the sale of United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) to Nippon Steel Corp if he's able.
"I think it sets a horrible tone. There are certain companies you have to have."
Trump said steel is critical to the country&#8217;s national security.
Trump on Federal Reserve: During the interview, Trump was asked Tuesday about removing Federal Reserve Chairman Jerome Powell.
The former president said if he is reelected, he should be able to give input on if interest rates should change, regardless of who is in charge of the Federal Reserve.
"I think that if you're a very good president with good sense, you should be able to at least talk to him."
Trump did not confirm whether he would remove Powell but joked about how easy the job is to be Federal Reserve chairman.
"I think it's the greatest job in government. You show up to the office once a month and you say, ‘let's flip a coin' and everybody talks about you like you're a God."
Trump on Breaking Up Google: Another economic topic that came up during the interview was the <a href="https://www.benzinga.com/general/politics/24/07/39873381/trump-vp-pick-j-d-vance-worth-watching-for-potential-google-breakup-market-strategist-says-not-a">breakup of big technology companies</a> like Alphabet Inc, the parent company of Google.
Trump wouldn't say if he would push to have the company broken up if he returns to the presidency, but he would like to see changes made.
"What you can do without breaking it up is make sure that it's more fair. They do treat me very badly."
Trump&#8217;s comments come as the Department of Justice considers breaking up the company over alleged monopolistic practices in the online search sector.
Trump on Vladimir Putin: Trump brushed off a question on whether he had remained in contact with Russian President Vladimir Putin since leaving the White House, which comes as a book by Bob Woodward<a href="https://www.benzinga.com/general/politics/24/10/41235596/trump-secretly-stayed-in-contact-with-putin-after-leaving-office-upcoming-bob-woodward-book-alle"> alleges the two have talked since</a> then.
"Well, I don't comment on that, but I will tell you that if I did, it's a smart thing," Trump said. "If I'm friendly with people, if I have a relationship with people, that's a good thing, not a bad thing."
Trump said his strong relationship with Putin was a positive while he was in office.
Trump on 2024 Election: Asked about the 2024 election being a close head-to-head battle with Kamala Harris, Trump said he remains confident in a victory in November.
"Based on the votes that are coming in so far, we're doing very well," Trump said.
The former president said Pennsylvania and Michigan are two of the top states he's watching for the election as swing states continue to play a pivotal role in deciding the winner. &nbsp;
DJT Price Action: Trump Media &amp; Technology shares are up 31% over the last five days. The stock has been increasingly volatile during the 2024 election cycle.
Since the <a href="https://www.benzinga.com/m-a/24/03/37943780/exclusive-trump-media-company-goes-public-financial-experts-say-djt-a-meme-stock-this-is-going-to-be">company completed its merger </a>with Digital World Acquisition Corporation in March, the stock has often traded with heavy volume or been halted due to key election events like the presidential debates, election polls, and President Joe Biden dropping out of the race. The stock has also been volatile due to legal proceedings involving the former president.
Sometimes considered a meme stock, Trump Media &amp; Technology Group has often traded more as a play on backing Trump and his potential election win and less so on fundamentals and valuation of the social media company and assets.
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Watching Shares Of United States Steel; Donald Trump Says If Elected He Will Stop The Merger Between U.S. Steel And Japan's Nippon If Not Completed

United States Steel's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) short percent of float has fallen 32.03% since its last report. The company recently reported that it has 15.95 million shares sold short, which is 7.15% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.58 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>United States Steel Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729008922_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for United States Steel has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing United States Steel's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, United States Steel's peer group average for short interest as a percentage of float is 4.28%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About United States Steel?

The Transaction has been entered in to at the request of NSC to address regulatory concerns pursuant to its agreed acquisition of US Steel. The Transaction is subject to NSC completing its pending acquisition of US Steel, which is subject to various other regulatory requirements.
Under the terms of the agreement, ArcelorMittal will pay&nbsp;$1&nbsp;consideration for the Transaction; further, NSC will inject cash and forgive partner loans in an amount estimated to be approximately&nbsp;$0.9 billion.

Nippon Steel Exits Calvert Joint Venture, Selling Stake To ArcelorMittal In Strategic Move Tied To U.S. Steel Deal

5 analysts have expressed a variety of opinions on United States Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $42.11, along with a high estimate of $49.00 and a low estimate of $38.57. This current average represents a 5.37% decrease from the previous average price target of $44.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1728572502_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive United States Steel is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gordon Johnson</td>
<td>GLJ Research</td>
<td>Announces</td>
<td>Buy</td>
<td>$38.57</td>
<td>-</td>
</tr>
<tr>
<td>Bill Peterson</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$42.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Christopher LeFemina</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$41.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Carlos De Alba</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$49.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Bill Peterson</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$43.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to United States Steel. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of United States Steel compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
For valuable insights into United States Steel's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/X/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on United States Steel analyst ratings.</a>
<h2>About United States Steel</h2>
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.
<h3>Understanding the Numbers: United States Steel's Finances</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Negative Revenue Trend: Examining United States Steel's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -17.77% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.
Net Margin: United States Steel's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 4.44%, the company may face hurdles in effective cost management.
Return on Equity (ROE): United States Steel's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.62% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.9%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.38, United States Steel adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Ratings For United States Steel

Deep-pocketed investors have adopted a bearish approach towards United States Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in X usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 17 extraordinary options activities for United States Steel. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 41% leaning bullish and 52% bearish. Among these notable options, 13 are puts, totaling $1,496,460, and 4 are calls, amounting to $133,520.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $25.0 to $52.5 for United States Steel during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in United States Steel's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to United States Steel's substantial trades, within a strike price spectrum from $25.0 to $52.5 over the preceding 30 days.
<h3>United States Steel Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727972422_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>X</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$9.2</td>
<td>$9.0</td>
<td>$9.2</td>
<td>$40.00</td>
<td>$183.9K</td>
<td>5.6K</td>
<td style="text-align: right;">802</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$9.2</td>
<td>$9.0</td>
<td>$9.2</td>
<td>$40.00</td>
<td>$183.9K</td>
<td>5.6K</td>
<td style="text-align: right;">602</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$9.2</td>
<td>$9.0</td>
<td>$9.2</td>
<td>$40.00</td>
<td>$183.9K</td>
<td>5.6K</td>
<td style="text-align: right;">402</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$16.75</td>
<td>$15.6</td>
<td>$15.9</td>
<td>$50.00</td>
<td>$157.4K</td>
<td>7.3K</td>
<td style="text-align: right;">101</td>
</tr>
<tr>
<td>X</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$16.0</td>
<td>$15.6</td>
<td>$16.0</td>
<td>$50.00</td>
<td>$156.8K</td>
<td>7.3K</td>
<td style="text-align: right;">100</td>
</tr>
</tbody>
</table>

<h3>About United States Steel</h3>
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.
<h3>Present Market Standing of United States Steel</h3>
<ul>
<li>With a volume of 768,153, the price of X is up 0.9% at $34.91. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 21 days.</li>
</ul>
<h3>Professional Analyst Ratings for United States Steel</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $40.52333333333333.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on United States Steel with a target price of $41. 
&#x2A; Showing optimism, an analyst from GLJ Research upgrades its rating to Buy with a revised price target of $38. 
&#x2A; Showing optimism, an analyst from JP Morgan upgrades its rating to Overweight with a revised price target of $42. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for United States Steel with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On United States Steel

Morgan Stanley analyst Carlos De Alba maintained a Buy rating on United States Steel (X – Research Report) today and set a price target of $47.00. ...

Morgan Stanley Sticks to Its Buy Rating for United States Steel (X)

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Shares of U.S. Steel ($X) are little changed in today's trading even though Japanese steelmaker Nippon Steel ($JP:5401) still expects to close its ...

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Bearish flow noted in US Steel with 13,563 puts trading, or 3x expected. Most active are Jan-25 35 puts and Dec-24 35 puts, with total volume in th...

US Steel put volume heavy and directionally bearish

STLD

ZEUS

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

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Board of Arbitration Rules in Favor of U. S. Steel, Affirming Transaction with Nippon Steel

Nippon Steel Investment Would Generate Incremental Economic Impact of Nearly $1 Billion in Pennsylvania Beyond Base Investment

United States Steel Corporation to Release Third Quarter 2024 Financial Results on October 31, 2024

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