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NYSE:MT

ArcelorMittal (MT) Stock Price, News & Analysis

$22.72
+0.21 (+0.93%)
(As of 07/26/2024 ET)
Today's Range
$22.50
$22.79
50-Day Range
$22.25
$26.72
52-Week Range
$21.30
$29.15
Volume
1.26 million shs
Average Volume
1.40 million shs
Market Capitalization
$18.30 billion
P/E Ratio
25.53
Dividend Yield
1.89%
Price Target
$30.30

ArcelorMittal MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
33.4% Upside
$30.30 Price Target
Short Interest
Healthy
0.56% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.44mentions of ArcelorMittal in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.64%
From $3.92 to $4.69 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.72 out of 5 stars

Basic Materials Sector

22nd out of 175 stocks

Blast Furnaces & Steel Mills Industry

1st out of 13 stocks

MT stock logo

About ArcelorMittal Stock (NYSE:MT)

ArcelorMittal S.A., 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. The company also provides mining products, such as iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Liberia, Mexico, South Africa, and Ukraine. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.

MT Stock Price History

MT Stock News Headlines

ArcelorMittal SA (MT.MX)
ArcelorMittal (MT) to Release Earnings on Thursday
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
ArcelorMittal (NYSE:MT) Shares Gap Down to $23.44
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Blackrock Inc. shareholding notification
ArcelorMittal Announces Pricing of Bond Issue
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/12 Dividend
5/16/2024
Dividend Payable
6/12/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel Works
Employees
126,756
Year Founded
2006

Price Target and Rating

Average Stock Price Target
$30.30
High Stock Price Target
$31.00
Low Stock Price Target
$29.60
Potential Upside/Downside
+33.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$919 million
Pretax Margin
1.67%

Debt

Sales & Book Value

Annual Sales
$68.28 billion
Cash Flow
$9.59 per share
Book Value
$69.62 per share

Miscellaneous

Free Float
804,855,000
Market Cap
$18.30 billion
Optionable
Optionable
Beta
1.77

Social Links

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Key Executives

  • Mr. Lakshmi Nivas Mittal B.Com. (Age 74)
    Executive Chairman of the Board
  • Mr. Aditya Mittal (Age 47)
    CEO & Director
  • Mr. Genuino Jose Magalhaes Christino (Age 52)
    Executive VP & CFO
  • Mr. Daniel Fairclough
    Head of Investor Relations & VP of Corporate Finance
  • Mr. Henk Scheffer (Age 61)
    Group Compliance, Data Protection Officer & Company Secretary
  • Ms. Nicola Davidson
    Vice President of Communications & Sustainable Development
  • Ms. Stephanie Werner-Dietz (Age 52)
    Executive VP & Global Head of HR
  • Mr. Augustine Kochuparampil (Age 72)
    VP & CEO of Long Products Europe
  • Dr. Gregory Ludkovsky (Age 74)
    VP and CEO of Global Research & Development
  • Mr. Vijay Krishna Goyal (Age 51)
    Executive VP & CEO of ArcelorMittal CIS

MT Stock Analysis - Frequently Asked Questions

How have MT shares performed this year?

ArcelorMittal's stock was trading at $28.39 at the beginning of the year. Since then, MT shares have decreased by 20.0% and is now trading at $22.72.
View the best growth stocks for 2024 here
.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal S.A. (NYSE:MT) announced its quarterly earnings data on Thursday, May, 2nd. The basic materials company reported $1.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.23. The business's revenue was down 12.0% on a year-over-year basis.

When did ArcelorMittal's stock split?

ArcelorMittal shares 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 market closes on Friday, May 19th 2017. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

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

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

Who are ArcelorMittal's major shareholders?

Top institutional shareholders of ArcelorMittal include Bank of New York Mellon Corp (0.10%), QRG Capital Management Inc. (0.01%), Raymond James & Associates (0.01%) and Trust Co. of Toledo NA OH.
View institutional ownership trends
.

How do I buy shares of ArcelorMittal?

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

What other stocks do shareholders of ArcelorMittal own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ArcelorMittal investors own include AT&T (T), Energy Transfer (ET), Ford Motor (F), Micron Technology (MU), Bank of America (BAC) and Intel (INTC).

This page (NYSE:MT) was last updated on 7/27/2024 by MarketBeat.com Staff

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