S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
NYSE:MT

ArcelorMittal Stock Forecast, Price & News

$32.13
+0.21 (+0.66 %)
(As of 10/15/2021 04:00 PM ET)
Add
Compare
Today's Range
$31.97
$32.36
50-Day Range
$28.39
$36.27
52-Week Range
$13.40
$36.58
Volume3.68 million shs
Average Volume4.76 million shs
Market Capitalization$33.18 billion
P/E Ratio5.20
Dividend Yield0.78%
Beta1.99
30 days | 90 days | 365 days | Advanced Chart
Receive MT News and Ratings via Email

Sign-up to receive the latest news and ratings for ArcelorMittal and its competitors with MarketBeat's FREE daily newsletter.


ArcelorMittal logo

About ArcelorMittal

ArcelorMittal SA is a holding company, which engages in steelmaking and mining activities. It operates through the following business segments: NAFTA, Brazil, Europe, Africa and Commonwealth of Independent States (ACIS), Mining, and Others. The NAFTA segment consists of flat products such as slabs, hot-rolled coil, cold-rolled coil, coated steel, and plate. The Brazil segment covers wire rod, bar and rebars, billets, blooms, and wire drawing. The Europe segment offers hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. The ACIS segment produces a combination of flat, long, and tubular products. The Mining segment focuses on steel operations. The Others segment represents the corporate and shared services, financial activities, and shipping and logistics. The company was founded by Lakshmi Niwas Mittal in 1976 and is headquartered in Luxembourg.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
N/A
Employees
168,000
Year Founded
2006

Sales & Book Value

Annual Sales
$53.27 billion
Cash Flow
$2.02 per share
Book Value
$39.76 per share

Profitability

Net Income
$-733 million

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,032,810,000
Market Cap
$33.18 billion
Next Earnings Date
11/11/2021 (Confirmed)
Optionable
Optionable

Social Links


MarketRank

Overall MarketRank

2.29 out of 5 stars

Basic Materials Sector

68th out of 225 stocks

Blast Furnaces & Steel Mills Industry

5th out of 18 stocks

Analyst Opinion: 4.5Community Rank: 4.3Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












ArcelorMittal (NYSE:MT) Frequently Asked Questions

Is ArcelorMittal a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ArcelorMittal stock.
View analyst ratings for ArcelorMittal
or view top-rated stocks.

What stocks does MarketBeat like better than ArcelorMittal?

Wall Street analysts have given ArcelorMittal a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ArcelorMittal wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting ArcelorMittal?

ArcelorMittal saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,260,000 shares, an increase of 47.9% from the September 15th total of 2,880,000 shares. Based on an average daily volume of 4,020,000 shares, the short-interest ratio is currently 1.1 days. Currently, 0.4% of the shares of the stock are sold short.
View ArcelorMittal's Short Interest
.

When is ArcelorMittal's next earnings date?

ArcelorMittal is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for ArcelorMittal
.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal (NYSE:MT) posted its quarterly earnings data on Thursday, July, 29th. The basic materials company reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.70 by $0.76. The basic materials company earned $19.34 billion during the quarter, compared to analysts' expectations of $19.67 billion. ArcelorMittal had a trailing twelve-month return on equity of 15.22% and a net margin of 11.49%.
View ArcelorMittal's earnings history
.

How has ArcelorMittal's stock price been impacted by Coronavirus (COVID-19)?

ArcelorMittal's stock was trading at $10.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MT stock has increased by 215.0% and is now trading at $32.13.
View which stocks have been most impacted by COVID-19
.

How often does ArcelorMittal pay dividends? What is the dividend yield for ArcelorMittal?

ArcelorMittal declared an annual dividend on Wednesday, June 2nd. Shareholders of record on Friday, June 11th will be given a dividend of $0.30 per share on Tuesday, June 15th. This represents a yield of 0.92%. The ex-dividend date is Thursday, June 10th.
View ArcelorMittal's dividend history
.

Is ArcelorMittal a good dividend stock?

ArcelorMittal pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.78%.
View ArcelorMittal's dividend history.

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

ArcelorMittal's stock reverse split before market open on 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.

What price target have analysts set for MT?

9 brokers have issued 12-month price targets for ArcelorMittal's stock. Their forecasts range from $30.89 to $55.00. On average, they anticipate ArcelorMittal's stock price to reach $41.97 in the next twelve months. This suggests a possible upside of 30.6% from the stock's current price.
View analysts' price targets for ArcelorMittal
or view top-rated stocks among Wall Street analysts.

Who are ArcelorMittal's key executives?

ArcelorMittal's management team includes the following people:
  • Aditya Mittal, Chief Executive Officer & Director
  • Genuino M. Christino, Chief Financial Officer & Executive Vice President
  • Pinakin Chaubal, Chief Technology Officer
  • Henk Scheffer, Secretary & Group Compliance Officer
  • Simon C. Wandke, Executive Vice President

What is Lourenco Goncalves' approval rating as ArcelorMittal's CEO?

1 employees have rated ArcelorMittal CEO Lourenco Goncalves on Glassdoor.com. Lourenco Goncalves has an approval rating of 100% among ArcelorMittal's employees. This puts Lourenco Goncalves in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of ArcelorMittal own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ArcelorMittal investors own include AT&T (T), (CGC), Energy Transfer (ET), Ford Motor (F), Micron Technology (MU), Bank of America (BAC), Intel (INTC), General Electric (GE), Gilead Sciences (GILD) and Cisco Systems (CSCO).

What is ArcelorMittal's stock symbol?

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

Who are ArcelorMittal's major shareholders?

ArcelorMittal's stock is owned by a variety of institutional and retail investors. Top institutional investors include FNY Investment Advisers LLC (0.00%), XR Securities LLC (0.00%), Shilanski & Associates Inc. (0.00%) and NEXT Financial Group Inc (0.00%).
View institutional ownership trends for ArcelorMittal
.

Which major investors are selling ArcelorMittal stock?

MT stock was sold by a variety of institutional investors in the last quarter, including NEXT Financial Group Inc.
View insider buying and selling activity for ArcelorMittal
or view top insider-selling stocks.

Which major investors are buying ArcelorMittal stock?

MT stock was purchased by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, XR Securities LLC, and Shilanski & Associates Inc..
View insider buying and selling activity for ArcelorMittal
or or view top insider-buying stocks.

How do I buy shares of ArcelorMittal?

Shares of MT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ArcelorMittal's stock price today?

One share of MT stock can currently be purchased for approximately $32.13.

How much money does ArcelorMittal make?

ArcelorMittal has a market capitalization of $33.18 billion and generates $53.27 billion in revenue each year. The basic materials company earns $-733 million in net income (profit) each year or ($0.77) on an earnings per share basis.

How many employees does ArcelorMittal have?

ArcelorMittal employs 168,000 workers across the globe.

When was ArcelorMittal founded?

ArcelorMittal was founded in 2006.

What is ArcelorMittal's official website?

The official website for ArcelorMittal is www.arcelormittal.com.

Where are ArcelorMittal's headquarters?

ArcelorMittal is headquartered at 24-26 Boulevard d'Avranches, Luxembourg N4, 1160.

How can I contact ArcelorMittal?

ArcelorMittal's mailing address is 24-26 Boulevard d'Avranches, Luxembourg N4, 1160. The basic materials company can be reached via phone at 35247921 or via email at [email protected].


This page was last updated on 10/16/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.