Previous close | 36.47 |
Open | 37.20 |
Bid | 37.36 x 800 |
Ask | 37.37 x 1400 |
Day's range | 37.13 - 37.72 |
52-week range | 20.40 - 50.20 |
Volume | |
Avg. volume | 4,223,808 |
Market cap | 8.435B |
Beta (5Y monthly) | 2.06 |
PE ratio (TTM) | 10.84 |
EPS (TTM) | 3.46 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 0.20 (0.55%) |
Ex-dividend date | 10 May 2024 |
1y target est | 40.19 |
The approval by the European Commission was expected to be a formality but in the U.S., the deal is facing resistance from several lawmakers worried about national security and U.S. Steel's union, which is concerned about job losses. While U.S. President Joe Biden has said Pennsylvania-based U.S. Steel should remain domestically owned, Republican front runner for the presidential race, Donald Trump said he would block the deal if elected.
U.S. Steel's (X) first-quarter earnings and revenues miss estimates on lower shipments.
Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal. Tokyo-based Nippon Steel Corp. said the deal, already approved by U.S. Steel's shareholders, is still expected to go through. “Nippon Steel will continue to fully cooperate with the examination of the relevant authorities,” it said in a statement.