ArcelorMittal Company Profile (NYSE:MT)

About ArcelorMittal (NYSE:MT)

ArcelorMittal logoArcelorMittal S.A. (ArcelorMittal) is a holding company. The Company, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia and Africa. ArcelorMittal operates through five segments, which include NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment produces flat, long and tubular products. The Brazil segment includes the flat operations of Brazil, and the long and tubular operations of Brazil and neighboring countries. The Europe segment is the flat steel producer in Europe. The ACIS segment produces a combination of flat, long products and tubular products. The Mining segment comprises all mines owned by ArcelorMittal in the Americas, Asia, Europe and Africa. It produces a range of finished and semi-finished steel products (semis).

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Steel
  • Sub-Industry: N/A
  • Symbol: NYSE:MT
  • CUSIP: N/A
  • Web: www.arcelormittal.com
Capitalization:
  • Market Cap: $27.41074 billion
  • Outstanding Shares: 1,020,000,000
Average Prices:
  • 50 Day Moving Avg: $26.50
  • 200 Day Moving Avg: $24.31
  • 52 Week Range: $16.65 - $28.11
P/E:
  • Trailing P/E Ratio: 8.47
  • Foreward P/E Ratio: 8.77
  • P/E Growth: 0.79
Sales & Book Value:
  • Annual Revenue: $61.98 billion
  • Price / Sales: 0.44
  • Book Value: $33.36 per share
  • Price / Book: 0.80
Profitability:
  • EBIDTA: $7.47 billion
  • Net Margins: 5.50%
  • Return on Equity: 10.52%
  • Return on Assets: 4.58%
Debt:
  • Debt-to-Equity Ratio: 0.28%
  • Current Ratio: 1.23%
  • Quick Ratio: 0.42%
Misc:
  • Average Volume: 5.97 million shs.
  • Beta: 2.1
  • Short Ratio: 1.43
 

Frequently Asked Questions for ArcelorMittal (NYSE:MT)

What is ArcelorMittal's stock symbol?

ArcelorMittal trades on the New York Stock Exchange (NYSE) under the ticker symbol "MT."

When did ArcelorMittal's stock split? How did ArcelorMittal's stock split work?

ArcelorMittal's stock reverse split on the morning of Monday, May 22nd 2017. The 1-3 reverse split was announced on Thursday, May 11th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, May 19th 2017. An investor that had 100 shares of ArcelorMittal stock prior to the reverse split would have 33 shares after the split.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal (NYSE:MT) issued its earnings results on Thursday, July, 27th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.55. The company had revenue of $17.24 billion for the quarter, compared to the consensus estimate of $16.88 billion. ArcelorMittal had a net margin of 5.50% and a return on equity of 10.52%. The firm's revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.38 EPS. View ArcelorMittal's Earnings History.

When will ArcelorMittal make its next earnings announcement?

ArcelorMittal is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates for ArcelorMittal.

Where is ArcelorMittal's stock going? Where will ArcelorMittal's stock price be in 2017?

13 analysts have issued 1-year price targets for ArcelorMittal's shares. Their predictions range from $23.10 to $45.00. On average, they anticipate ArcelorMittal's stock price to reach $31.90 in the next year. View Analyst Ratings for ArcelorMittal.

What are analysts saying about ArcelorMittal stock?

Here are some recent quotes from research analysts about ArcelorMittal stock:

  • 1. According to Zacks Investment Research, "ArcelorMittal saw higher profits in second-quarter 2017. Earnings for the quarter topped the Zacks Consensus Estimate. Revenues rose by double digits on higher metals pricing, and surpassed expectations. The company raised its steel demand outlook for 2017. ArcelorMittal outperformed the industry it belongs to over the past one year. ArcelorMittal should gain from its efforts to reduce debt, expand capacity and improve efficiency. It is also making a significant progress in reducing costs and expanding its advanced high strength steel product line under the Action 2020 program. The proposed acquisition of Ilva represents another attractive growth opportunity for the company. However, ArcelorMittal continues to contend with challenging steel market conditions in Europe. Demand for steel remains weak in Europe and Brazil. Moreover, cheap steel exports from China is still causing a problem." (8/7/2017)
  • 2. Cowen and Company analysts commented, "We are upgrading shares of MT to Outperform, from Market Perform, as we think shares are undervalued due to the efficiency and cost cutting initiatives, leverage to rising global metal prices, and attractive relative valuation. We are raising our price target to $11, from $10." (3/23/2017)
  • 3. Jefferies Group LLC analysts commented, "This week, we hosted a roadshow with MT Head of Finance Genuino Christino and Head of IR Daniel Fairclough to discuss the firm's outlook following solid Q4 results. Steel industry conditions are improving, driven by Chinese supply reform, rising trade protection and growing Western demand. But, MT's confidence stems from effective self-help measures, driving strong earnings and FCF momentum and improving the co's long-term prospects. Reiterate Buy." (2/10/2017)

Who are some of ArcelorMittal's key competitors?

Who are ArcelorMittal's key executives?

ArcelorMittal's management team includes the folowing people:

  • Lakshmi Narayan Mittal, Chairman of the Board, Chief Executive Officer, Member of the Executive Board
  • Aditya Mittal, Group Chief Financial Officer, Member of the Executive Board, Chief Executive Officer ArcelorMittal Europe
  • Henri Blaffart, Executive Vice President, Member of the Executive Board, Group Head of Human Resources and Corporate Services
  • Brian Aranha, Executive Vice President, Member of the Executive Board, Head of Strategy, CTO, R&D, CCM, and Global Automotive
  • Jefferson de Paula, Executive Vice President, Member of the Executive Board, Chief Executive Officer ArcelorMittal South America Long
  • Robrecht Himpe, Executive Vice President, Member of the Executive Board, President and CEO AM/NS Calvert, CEO ArcelorMittal North America
  • Kleber Silva, Executive Vice President, Member of Management Committee, Head of Iron Ore, ArcelorMittal Mining
  • Geert Maurice Van Poelvoorde, Executive Vice President, Member of the Executive Board, Chief Executive Officer ArcelorMittal Europe Flat
  • Simon C. Wandke, Executive Vice President, Member of the Executive Board, Chief Executive Officer of ArcelorMittal Mining
  • David Clarke, Vice President, Member of the Management Committee, Head of Strategy and Chief Technology Officer

Who owns ArcelorMittal stock?

ArcelorMittal's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Cambiar Investors LLC (0.49%), Dimensional Fund Advisors LP (0.17%), Northern Trust Corp (0.13%), Parametric Portfolio Associates LLC (0.08%), TIAA CREF Investment Management LLC (0.06%) and UBS Oconnor LLC (0.05%). View Institutional Ownership Trends for ArcelorMittal.

Who sold ArcelorMittal stock? Who is selling ArcelorMittal stock?

ArcelorMittal's stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, FMR LLC, Dimensional Fund Advisors LP, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., Northern Trust Corp, TD Asset Management Inc. and Alpine Woods Capital Investors LLC. View Insider Buying and Selling for ArcelorMittal.

Who bought ArcelorMittal stock? Who is buying ArcelorMittal stock?

ArcelorMittal's stock was purchased by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, TIAA CREF Investment Management LLC, State Street Corp, Quantitative Investment Management LLC, Cetera Investment Advisers, Exane Derivatives, M&T Bank Corp and People s United Financial Inc.. View Insider Buying and Selling for ArcelorMittal.

How do I buy ArcelorMittal stock?

Shares of ArcelorMittal can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ArcelorMittal's stock price today?

One share of ArcelorMittal stock can currently be purchased for approximately $26.85.


MarketBeat Community Rating for ArcelorMittal (NYSE MT)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  500 (Vote Outperform)
Underperform Votes:  627 (Vote Underperform)
Total Votes:  1,127
MarketBeat's community ratings are surveys of what our community members think about ArcelorMittal and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ArcelorMittal (NYSE:MT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.77)
Consensus Price Target: $31.90 (18.82% upside)

Analysts' Ratings History for ArcelorMittal (NYSE:MT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/18/2017Jefferies Group LLCReiterated RatingBuyLowView Rating Details
8/23/2017Cowen and CompanySet Price TargetBuy$32.00MediumView Rating Details
8/17/2017Deutsche Bank AGReiterated RatingBuyMediumView Rating Details
7/30/2017SBG SecuritiesDowngradeBuy -> HoldMediumView Rating Details
7/14/2017ING GroupUpgradeHold -> BuyLowView Rating Details
6/6/2017Bank of America CorporationDowngradeBuy -> UnderperformMediumView Rating Details
5/25/2017MacquarieUpgradeNeutral -> OutperformLowView Rating Details
3/31/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$25.20 -> $25.32LowView Rating Details
3/25/2017Credit Suisse GroupSet Price TargetBuy$45.00MediumView Rating Details
2/17/2017Goldman Sachs Group, Inc. (The)Reiterated RatingBuyN/AView Rating Details
1/18/2017Commerzbank AgUpgradeHold -> BuyN/AView Rating Details
11/25/2016Royal Bank Of CanadaUpgradeSector Perform -> OutperformN/AView Rating Details
11/15/2016Citigroup Inc.Reiterated RatingBuyN/AView Rating Details
8/9/2016Clarkson CapitalUpgradeNeutral -> BuyN/AView Rating Details
5/29/2016Berenberg BankReiterated RatingBuyN/AView Rating Details
5/19/2016Nord/LBSet Price TargetNeutral€12.00N/AView Rating Details
5/11/2016Independent Research GmbHSet Price TargetNeutral€13.50N/AView Rating Details
5/10/2016Barclays PLCSet Price TargetNeutral€13.50N/AView Rating Details
3/29/2016Morgan StanleySet Price TargetBuy€13.20N/AView Rating Details
2/8/2016BNP ParibasSet Price TargetNeutral€10.50N/AView Rating Details
2/5/2016S&P Equity ResearchSet Price TargetSell€9.60N/AView Rating Details
2/5/2016Societe GeneraleSet Price TargetBuy€27.00N/AView Rating Details
1/28/2016HSBC Holdings plcSet Price TargetNeutral€11.10N/AView Rating Details
(Data available from 9/21/2015 forward)

Earnings

Earnings History for ArcelorMittal (NYSE:MT)
Earnings by Quarter for ArcelorMittal (NYSE:MT)
Earnings History by Quarter for ArcelorMittal (NYSE MT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/14/2017        
7/27/20176/30/2017$0.78$1.33$16.88 billion$17.24 billionViewN/AView Earnings Details
5/12/20173/31/2017$0.81$0.99$16.81 billion$16.09 billionViewN/AView Earnings Details
2/10/2017Q416$0.39$0.48$14.03 million$14.13 billionViewN/AView Earnings Details
11/8/2016Q316$0.54$0.66$15.59 million$14.52 billionViewN/AView Earnings Details
7/29/2016Q2$0.24$1.14$15.23 billion$14.74 billionViewN/AView Earnings Details
5/6/2016Q1 2016($0.60)($0.30)$14.25 billion$13.40 billionViewN/AView Earnings Details
11/6/2015Q315($0.06)($0.63)$15.71 billion$15.60 billionViewN/AView Earnings Details
7/31/2015Q215($0.75)$0.30$17.39 billion$16.90 billionViewN/AView Earnings Details
5/7/2015Q1 15($0.21)($1.23)$16.95 billion$17.12 billionViewN/AView Earnings Details
2/13/2015Q4$0.75($1.29)$18.72 billionViewN/AView Earnings Details
11/7/2014Q114$0.33$0.03$20.37 billion$20.07 billionViewN/AView Earnings Details
8/1/2014Q2 2014$0.60$0.09$20.42 billion$10.70 billionViewN/AView Earnings Details
2/7/2014Q413$1.17($2.07)$19.31 billion$19.85 billionViewN/AView Earnings Details
11/7/2013Q313($0.03)($0.36)$19.84 billion$19.64 billionViewN/AView Earnings Details
8/1/2013Q213$0.27($1.32)$20.70 million$20.20 billionViewN/AView Earnings Details
5/10/2013Q113($0.15)($0.63)$20.86 billion$19.75 billionViewN/AView Earnings Details
2/6/2013Q412($8.34)($1.74)$19.74 billion$19.31 billionViewN/AView Earnings Details
10/31/2012Q312$0.45($1.38)$21.19 billion$19.72 billionViewN/AView Earnings Details
7/25/2012$0.87$1.86ViewN/AView Earnings Details
5/10/2012$0.15$0.03ViewN/AView Earnings Details
2/7/2012$0.42($1.95)ViewN/AView Earnings Details
11/3/2011$1.89$1.29ViewN/AView Earnings Details
7/27/2011$2.70$2.97ViewN/AView Earnings Details
5/11/2011$1.44$2.07ViewN/AView Earnings Details
2/8/2011$0.54($1.53)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ArcelorMittal (NYSE:MT)
Current Year EPS Consensus Estimate: $3.29 EPS
Next Year EPS Consensus Estimate: $3.06 EPS

Dividends

Current Dividend Information for ArcelorMittal (NYSE:MT)
Most Recent Dividend:3/15/2016
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ArcelorMittal (NYSE:MT)

Dividend History by Quarter for ArcelorMittal (NYSE MT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/4/2016$3.753/14/20163/14/20163/15/2016
2/19/2014quarterly$0.604.86%5/12/20145/14/20147/15/2014
5/6/2013quarterly$0.606.25%5/10/20135/14/20137/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for ArcelorMittal (NYSE:MT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for ArcelorMittal (NYSE:MT)
Latest Headlines for ArcelorMittal (NYSE:MT)
Source:
DateHeadline
americanbankingnews.com logoFinancial Review: ArcelorMittal (MT) & POSCO (PKX)
www.americanbankingnews.com - September 21 at 8:52 AM
msn.com logoThyssenkrupp works council softens opposition to Tata Steel deal
www.msn.com - September 20 at 6:32 AM
reuters.com logoThyssenkrupp, Tata Steel merger should not happen at any price: German minister
www.reuters.com - September 20 at 6:32 AM
marketwatch.com logoEuropean stocks mark time as investors stay focused on Fed decision
www.marketwatch.com - September 20 at 6:32 AM
americanbankingnews.com logoArcelorMittal (MT) Given Buy Rating at Jefferies Group LLC
www.americanbankingnews.com - September 18 at 2:38 PM
seekingalpha.com logoFerroglobe: Earnings Shifting Into High Gear
seekingalpha.com - September 16 at 6:43 AM
nasdaq.com logoEuropean Equity Benchmarks Close Lower; Banks, Mining Companies Burden Markets
www.nasdaq.com - September 16 at 6:43 AM
marketwatch.com logoOhio senators press Ross on steel import probe
www.marketwatch.com - September 16 at 6:43 AM
americanbankingnews.com logoSunCoke Energy (SXC) versus ArcelorMittal (MT) Head-To-Head Survey
www.americanbankingnews.com - September 7 at 2:20 PM
americanbankingnews.com logoArcelorMittal SA (MT) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - September 7 at 2:46 AM
nasdaq.com logoArcelorMittal Poised on Debt Cuts, Action 2020 Initiatives - Nasdaq
www.nasdaq.com - September 6 at 6:30 AM
reuters.com logoEU's Vestager says Essilor-Luxottica merger requires thorough vetting - Reuters
www.reuters.com - September 2 at 7:50 PM
nasdaq.com logoSteel Industry Stock Outlook - Aug 2017 - Nasdaq
www.nasdaq.com - August 30 at 6:51 AM
americanbankingnews.com logoCowen and Company Reiterates "$32.00" Price Target for ArcelorMittal (MT)
www.americanbankingnews.com - August 24 at 6:28 PM
finance.yahoo.com logoU.S. Steel or AK Steel: Which Has Higher Financial Leverage?
finance.yahoo.com - August 23 at 8:41 AM
americanbankingnews.com logoFinancial Survey: ArcelorMittal (MT) vs. Mechel PAO (MTL)
www.americanbankingnews.com - August 20 at 6:20 PM
americanbankingnews.com logoArcelorMittal (MT) Rating Reiterated by Deutsche Bank AG
www.americanbankingnews.com - August 20 at 4:26 PM
nasdaq.com logoCarpenter Technology Corporation (CRS) Ex-Dividend Date Scheduled for August ...
www.nasdaq.com - August 17 at 3:42 PM
seekingalpha.com logoThe Nest Egg Portfolio: ArcelorMittal - A Forgotten Dividend Star Ready To Shine Again?
seekingalpha.com - August 13 at 7:21 PM
americanbankingnews.com logoArcelorMittal SA (NYSE:MT) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - August 13 at 2:40 AM
americanbankingnews.com logoArcelorMittal (NYSE:MT) vs. SunCoke Energy Partners (SXCP) Financial Review
www.americanbankingnews.com - August 9 at 4:16 PM
americanbankingnews.com logoArcelorMittal (NYSE:MT) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - August 7 at 8:02 PM
marketwatch.com logoEuropean stocks catch their breath after downbeat German data
www.marketwatch.com - August 7 at 5:17 AM
americanbankingnews.com logoFY2018 EPS Estimates for ArcelorMittal Increased by Jefferies Group (MT)
www.americanbankingnews.com - July 31 at 9:44 AM
americanbankingnews.com logoArcelorMittal (MT) Downgraded by SBG Securities to Hold
www.americanbankingnews.com - July 30 at 9:46 PM
americanbankingnews.com logoArcelorMittal (MT) Releases Earnings Results, Beats Estimates By $0.55 EPS
www.americanbankingnews.com - July 29 at 10:56 PM
nasdaq.com logoEarnings Reaction History: ArcelorMittal, 37.5% Follow-Through Indicator, 1.6% Sensitive - Nasdaq
www.nasdaq.com - July 29 at 8:04 PM
seekingalpha.com logoArcelorMittal's (MT) CEO Lakshmi Mittal on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 5:40 AM
finance.yahoo.com logoInvestor Network: ArcelorMittal SA to Host Earnings Call
finance.yahoo.com - July 28 at 5:40 AM
rttnews.com logoArcelor Mittal Q2 Income Advances 19%
www.rttnews.com - July 27 at 4:34 AM
nasdaq.com logoArcelorMittal sees higher steel demand, but fears imports
www.nasdaq.com - July 27 at 4:33 AM
seekingalpha.com logoArcelorMittal beats by $0.25, beats on revenue
seekingalpha.com - July 27 at 4:33 AM
feeds.benzinga.com logoArcelorMittal reports second quarter 2017 and half year 2017 results
feeds.benzinga.com - July 27 at 1:31 AM
globenewswire.com logoArcelorMittal announces the publication of second quarter and first half 2017 Ebitda sell-side analyst consensus figure - GlobeNewswire (press release)
globenewswire.com - July 24 at 6:01 AM
americanbankingnews.com logoArcelorMittal to Post FY2018 Earnings of $3.22 Per Share, Jefferies Group Forecasts (NYSE:MT)
www.americanbankingnews.com - July 21 at 3:30 PM
americanbankingnews.com logoArcelorMittal (NYSE:MT) Given "Buy" Rating at Cowen and Company
www.americanbankingnews.com - July 19 at 4:32 PM
americanbankingnews.com logoArcelorMittal (NYSE:MT) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - July 19 at 11:08 AM
americanbankingnews.com logoJefferies Group LLC Reaffirms Buy Rating for ArcelorMittal (NYSE:MT)
www.americanbankingnews.com - July 18 at 1:16 PM
americanbankingnews.com logoArcelorMittal (MT) Upgraded to "Buy" by ING Group
www.americanbankingnews.com - July 15 at 9:40 PM
streetinsider.com logoUPDATE: Deutsche Bank Upgrades Arcelor Mittal (MT) to Buy - StreetInsider.com
www.streetinsider.com - July 14 at 6:37 AM
nasdaq.com logoOptions Traders Expect Huge Moves in ArcelorMittal (MT) Stock - Nasdaq
www.nasdaq.com - July 14 at 6:37 AM
seekingalpha.com logoArcelorMittal upgraded to Buy at Deutsche Bank on free cash flow yield
seekingalpha.com - July 13 at 7:01 AM
nasdaq.com logoTraders make long bet on Arcelor Mittal
www.nasdaq.com - July 12 at 5:19 AM
finance.yahoo.com logoWhy the US Needs to Protect Its Steel Industry
finance.yahoo.com - July 12 at 5:19 AM
americanbankingnews.com logoArcelorMittal (NYSE:MT) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - July 11 at 4:10 PM
americanbankingnews.com logoFinancial Analysis: Gerdau (GGB) versus ArcelorMittal (NYSE:MT)
www.americanbankingnews.com - July 10 at 6:22 PM
americanbankingnews.com logoCritical Review: Synalloy (SYNL) versus ArcelorMittal (MT)
www.americanbankingnews.com - July 9 at 12:24 AM
americanbankingnews.com logoArcelorMittal (MT) Upgraded by BidaskClub to "Buy"
www.americanbankingnews.com - July 6 at 9:04 PM
globenewswire.com logoArcelorMittal holds Investor Event - GlobeNewswire (press release)
globenewswire.com - July 5 at 8:51 PM
americanbankingnews.com logoTraders Buy High Volume of ArcelorMittal Put Options (MT)
www.americanbankingnews.com - July 5 at 7:24 AM

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Chart

ArcelorMittal (MT) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff