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U.S. Steel Corporation - Growth & Income - Zacks Rank Buy
Alex Kolb (September 18th, 2008) Writes:
U.S. Steel Corporations (X) record results signal stellar growth. The companys strong cash flow enables it to hike dividends, which is what occurred in late July when U.S. Steel upped its dividend by 5 cents per share, declaring a 30-cent dividend. The companys earnings per share are expected to grow by 14% over the next 3 to 5 years, outpacing the industry average projection of 10%.
Company Description
United States Steel Corporation produces steel, running major production operations in the United States, Canada and Central Europe. The company manufactures a wide range of value-added steel sheet and tubular products for the automotive, appliance, container, industrial machinery, construction, and oil and gas industries. U.S. Steel is headquartered in Pittsburgh, PA.
Bullish Forecasts
United States Steel Corporation has seen analysts boost full-year earnings estimates. Forecasts of $20.61 per share climbed from $16.98 over the past 60 trading days. The most accurate estimate is
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Canada, Central Europe, cents, Growth & Income - Zacks Rank Buy U.S. Steel Corpora, Growth & Income - Zacks Rank Buy U.S. Steel Corpora, industrial machinery, John P. Surma, oil and gas industries, Pennsylvania, Pittsburgh, SGD, steel, steel sheet, Stocks to Watch, Tubular Products, U.S. Steel Corporation, United States, united states steel corporation, USD
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