ArcelorMittal (MT) to Release Quarterly Earnings on Thursday

ArcelorMittal (NYSE:MT - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, July 31st. Analysts expect ArcelorMittal to post earnings of $1.17 per share and revenue of $15.48 billion for the quarter.

ArcelorMittal (NYSE:MT - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The basic materials company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.33. ArcelorMittal had a net margin of 1.98% and a return on equity of 4.11%. The business had revenue of $14.80 billion for the quarter, compared to analyst estimates of $15.11 billion. During the same period last year, the firm earned $1.16 earnings per share. ArcelorMittal's revenue for the quarter was down 9.1% compared to the same quarter last year. On average, analysts expect ArcelorMittal to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

ArcelorMittal Stock Performance

NYSE:MT traded up $0.07 during mid-day trading on Friday, reaching $33.66. 1,644,911 shares of the company's stock were exchanged, compared to its average volume of 1,378,382. The firm has a market capitalization of $27.57 billion, a PE ratio of 22.00, a price-to-earnings-growth ratio of 0.15 and a beta of 1.63. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.58 and a current ratio of 1.35. ArcelorMittal has a one year low of $20.52 and a one year high of $34.90. The business's fifty day simple moving average is $31.65 and its two-hundred day simple moving average is $29.31.

ArcelorMittal Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 11th. Shareholders of record on Monday, May 19th were paid a dividend of $0.2338 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a yield of 1.44%. ArcelorMittal's payout ratio is 30.07%.

Institutional Investors Weigh In On ArcelorMittal

An institutional investor recently raised its position in ArcelorMittal stock. AQR Capital Management LLC grew its stake in ArcelorMittal (NYSE:MT - Free Report) by 75.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,038 shares of the basic materials company's stock after purchasing an additional 14,593 shares during the period. AQR Capital Management LLC's holdings in ArcelorMittal were worth $982,000 as of its most recent filing with the Securities and Exchange Commission. 9.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on MT. Wall Street Zen downgraded shares of ArcelorMittal from a "buy" rating to a "hold" rating in a research note on Sunday, July 20th. The Goldman Sachs Group upgraded shares of ArcelorMittal from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $29.00 to $31.70 in a research note on Thursday, April 10th. Barclays downgraded shares of ArcelorMittal from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, July 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of ArcelorMittal in a research note on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $32.95.

ArcelorMittal Company Profile

ArcelorMittal SA, together with its subsidiaries, operates as integrated steel and mining companies in the United States, Europe, and internationally. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes.