NYSE:MT - ArcelorMittal Stock Price, News, & Analysis

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$23.28 +0.20 (+0.87 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$23.28
Today's Range$23.23 - $23.60
52-Week Range$19.50 - $36.51
Volume1.62 million shs
Average Volume3.51 million shs
Market Capitalization$23.74 billion
P/E Ratio4.04
Dividend Yield0.37%
Beta2.03
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. It operates through NAFTA, Brazil, Europe, ACIS, and Mining segments. The company produces finished and semi-finished steel products with various specifications. Its principal steel products include semi-finished flat products, such as slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company's principal mining products comprise iron ore lump, fines, concentrate, pellets, and sinter feed; and coking, pulverized coal injection, and thermal coal. It provides its steel products to the automotive, appliance, engineering, construction, energy, and machinery industries. The company sells its products in local markets and through a centralized marketing organization to customers in approximately 160 countries. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.

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Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone352-4792-2151

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$76.03 billion
Cash Flow$9.3871 per share
Book Value$43.25 per share

Profitability

Net Income$5.15 billion

Miscellaneous

Employees197,108
Outstanding Shares1,019,920,000
Market Cap$23.74 billion
Next Earnings Date5/10/2019 (Estimated)
OptionableOptionable

ArcelorMittal (NYSE:MT) Frequently Asked Questions

What is ArcelorMittal's stock symbol?

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

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

ArcelorMittal announced a quarterly dividend on Friday, March 16th. Investors of record on Friday, May 18th will be given a dividend of $0.10 per share on Wednesday, June 13th. This represents a $0.40 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, May 17th. View ArcelorMittal's Dividend History.

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

Shares of ArcelorMittal reverse split 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 market closes 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 will ArcelorMittal's stock buyback program work?

ArcelorMittal declared that its Board of Directors has authorized a share buyback plan on Tuesday, March 13th 2018, which allows the company to repurchase $280,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal SA (NYSE:MT) announced its quarterly earnings results on Thursday, February, 7th. The basic materials company reported $1.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.52. The basic materials company earned $18.33 billion during the quarter, compared to analysts' expectations of $18.47 billion. ArcelorMittal had a net margin of 6.77% and a return on equity of 13.24%. ArcelorMittal's revenue was up 3.5% compared to the same quarter last year. View ArcelorMittal's Earnings History.

When is ArcelorMittal's next earnings date?

ArcelorMittal is scheduled to release their next quarterly earnings announcement on Friday, May 10th 2019. View Earnings Estimates for ArcelorMittal.

What price target have analysts set for MT?

9 equities research analysts have issued 12-month price targets for ArcelorMittal's stock. Their predictions range from $38.00 to $38.00. On average, they expect ArcelorMittal's share price to reach $38.00 in the next year. This suggests a possible upside of 63.2% from the stock's current price. View Analyst Price Targets for ArcelorMittal.

What is the consensus analysts' recommendation for ArcelorMittal?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ArcelorMittal.

Has ArcelorMittal been receiving favorable news coverage?

News stories about MT stock have trended neutral on Saturday, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. ArcelorMittal earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of ArcelorMittal's key competitors?

What other stocks do shareholders of ArcelorMittal own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ArcelorMittal investors own include Micron Technology (MU), Bank of America (BAC), Ford Motor (F), General Electric (GE), Cisco Systems (CSCO), Intel (INTC), Alibaba Group (BABA), United States Steel (X), Freeport-McMoRan (FCX) and NVIDIA (NVDA).

Who are ArcelorMittal's key executives?

ArcelorMittal's management team includes the folowing people:
  • Mr. Lakshmi Nivas Mittal B.Com., Chairman & CEO (Age 69)
  • Mr. Aditya Mittal, Pres & Group CFO (Age 42)
  • Mr. Daniel Fairclough, Head of Investor Relations & VP of Corp. Fin.
  • David Clarke, CTO, Head of Corp. Strategy & VP (Age 54)
  • Ms. Nicola Davidson, VP of Corp. Communications and Corp. Responsibility

Who are ArcelorMittal's major shareholders?

ArcelorMittal's stock is owned by a number of of retail and institutional investors. Top institutional investors include Cambiar Investors LLC (0.41%), Dimensional Fund Advisors LP (0.25%), Bank of America Corp DE (0.14%), Northern Trust Corp (0.11%), Standard Life Aberdeen plc (0.05%) and Susquehanna International Group Ltd. (0.02%).

Which major investors are selling ArcelorMittal stock?

MT stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Cambiar Investors LLC, Exane Derivatives, BlackRock Inc., Millennium Management LLC, Van ECK Associates Corp, Suntrust Banks Inc. and Northern Trust Corp.

Which major investors are buying ArcelorMittal stock?

MT stock was purchased by a variety of institutional investors in the last quarter, including Susquehanna International Group Ltd., Two Sigma Advisers LP, Dimensional Fund Advisors LP, SPX Equities Gestao de Recursos Ltda, Hsbc Holdings PLC, Squarepoint Ops LLC, Standard Life Aberdeen plc and Commonwealth Equity Services LLC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ArcelorMittal's stock price today?

One share of MT stock can currently be purchased for approximately $23.28.

How big of a company is ArcelorMittal?

ArcelorMittal has a market capitalization of $23.74 billion and generates $76.03 billion in revenue each year. The basic materials company earns $5.15 billion in net income (profit) each year or $5.76 on an earnings per share basis. ArcelorMittal employs 197,108 workers across the globe.

What is ArcelorMittal's official website?

The official website for ArcelorMittal is http://www.arcelormittal.com.

How can I contact ArcelorMittal?

ArcelorMittal's mailing address is 24-26 Boulevard d'Avranches, Luxembourg N4, L-1160. The basic materials company can be reached via phone at 352-4792-2151 or via email at [email protected]


MarketBeat Community Rating for ArcelorMittal (NYSE MT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  679 (Vote Outperform)
Underperform Votes:  800 (Vote Underperform)
Total Votes:  1,479
MarketBeat's community ratings are surveys of what our community members think about ArcelorMittal and other stocks. Vote "Outperform" if you believe MT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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