How to Buy United States Steel Stock
United States Steel Corp
United States Steel is a steel company located in Pennsylvania, United States, which is part of the Basic Materials sector, and is traded under the ticker X on the NYSE exchange.
United States Steel stock last closed at $41.82, up 1.04% from the previous day, and has increased 3.77% in one year. It has overperformed other stocks in the Steel industry by 0.27 percentage points. United States Steel stock is currently +55.38% from its 52-week low of $26.92, and -9.44% from its 52-week high of $46.18.
At the moment, there are 225.22M shares of X outstanding. The market cap of X is $9.42B. In the past 24 hours, 5.1M X shares were traded.
How to Buy United States Steel Stock
Not sure how to invest in United States Steel stock? Here's how.
- Choose where to buy United States Steel stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy United States Steel stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your method of payment and add your info.
- Evaluate United States Steel stock: The United States Steel ticker symbol is X. Is United States Steel stock a good investment? Should you buy shares of X? How do X's underlying business fundamentals look? Do top analysts think United States Steel is a good buy? Why has X's stock price moved recently? (Hint: Our stock analysis website can help you decide if X is a good stock to buy).
- Place your X buy order: Decide if you will purchase X shares at the current market price or use a limit order to buy X stock at a specific price.
- Track your investment in X: Create a watchlist to keep tabs on your position in United States Steel stock.
Step 1: Choose where to buy United States Steel stock
You need a brokerage account to access the NYSE market and buy X stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Energy, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you can buy X stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the best stock market app for beginners, you need to deposit funds:
Check out the walkthrough below for more details depositing funds into your brokerage account.
Step 4: Evaluate United States Steel stock
After you have identified the best place to buy United States Steel stock, it's important to analyze their stock before you buy, so you can understand the risk and opportunity.
Overview of key X info
X Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on X's stock page.
Is X stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge X's true value.
Using relative valuations measures:
- X may be overvalued based on its P/E ratio of 24.46x, relative to Steel industry P/E ratio of 17.53x
- X could be overvalued based on its P/B ratio of 0.83x, relative to Steel industry P/B ratio of 0.75x
- X could be undervalued based on its PEG ratio of 0.65x
You can do additional valuation analysis on X's stock here.
How do X Financials look?
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the X balance sheet.
- X has cash burn of 1363000000. It has enough cash and short-term investments to cover this for at least one year.
- Total X debt is lower than 5 years ago, relative to shareholder equity.
- X has $1.37B in cash and short term investments. This is enough to cover its annual cash burn of $1.36B.
Failed Health Checks:
- X profit margin has gone down from 5% to 2.5% in the past year.
- X has a relatively high debt to equity ratio of 0.78.
- There are more long-term liabilities than short-term assets on the X balance sheet.
Is X stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Wall Street analysts who give ratings on X, the consensus analyst rating on X is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the United States Steel stock forecast page.
X Technicals
X Earnings
Last year, X earnings were $384.00M. Over the past three year, X's earnings have gone up by -96.25% per year. This was slower than the Steel industry average of -17.42%.
Last year, X revenue was $15.64B. Over the last 5 year, X's revenue has increased by 3.87% per year. This was slower than the Steel industry average of 4.94%.
Dig into X's earnings and revenue performance here.
Who is buying/selling X?
Over the last year, insiders at X have sold more shares than they have bought.
Daniel R. Brown, SVP Adv. Tech. Steelmaking of X, was the latest X insider to sell. They sold $95,499.71 worth of X stock on Feb 28, 2025.
Get more info about who owns X stock here.
Can I rely on X as an income stream?
No, United States Steel doesn't provide an income stream by paying out dividends.
What others are saying about X
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your X buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, place a limit order.
Press the Open button and eToro will execute your order.
If you want more help buying stocks on eToro, click the how to video below:
Step 6: Track your investment in X
Now that you own some X stock, you'll want to stay up-to-date on your investment.
Put X on a watchlist to monitor your X stock.
X Feed
How to Buy Stock in United States Steel
To summarize, here are the 6 steps you need to take to buy United States Steel stock right now:
- Choose where to buy United States Steel stock
- Create your brokerage account
- Fund your investment account
- Evaluate United States Steel stock
- Place your X buy order
- Track your investment in X
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in United States Steel, hit the button below to create your watchlist.
Related Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.