U.S. Steel (X) Reports Q4 Loss Per Share of 23c, Offers Outlook
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January 27, 2016 9:31 AM EST
Rosenblatt reiterated a Neutral rating and $11.00 price target on US Steel (NYSE: X) following the company's 4Q earnings report. Rosenblatt calculated a clean EPS result for US Steel of ($0.86), which was $0.06 below forecasts. Due to the nature of certain contracts, this company historically lags the industry peer group during periods of rapid upward price momentum. Rosenblatt expects investors to focus on the outlook... More
January 26, 2016 4:36 PM EST
U.S. Steel (NYSE: X) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.
The dividend will be payable on March 10, 2016, to stockholders of record on February 11, 2016, with an ex-dividend date of February 9, 2016.
The annual yield on the dividend is 2.6... More
