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 - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:MT
  • CUSIP: N/A
  • Web: www.arcelormittal.com
Capitalization:
  • Market Cap: $25.68929 billion
  • Outstanding Shares: 1,021,904,000
Average Prices:
  • 50 Day Moving Avg: $22.37
  • 200 Day Moving Avg: $23.90
  • 52 Week Range: $16.14 - $28.11
P/E:
  • Trailing P/E Ratio: 8.36
  • Foreward P/E Ratio: 8.82
  • P/E Growth: 0.64
Sales & Book Value:
  • Annual Revenue: $59.48 billion
  • Price / Sales: 0.43
  • Book Value: $31.13 per share
  • Price / Book: 0.81
Profitability:
  • EBIDTA: $7.12 billion
  • Net Margins: 5.38%
  • Return on Equity: 10.08%
  • Return on Assets: 4.34%
Debt:
  • Debt-to-Equity Ratio: 0.33%
  • Current Ratio: 1.23%
  • Quick Ratio: 0.43%
Misc:
  • Average Volume: 7.71 million shs.
  • Beta: 2.06
  • Short Ratio: 1.86
 
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 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 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 were ArcelorMittal's earnings last quarter?

ArcelorMittal (NYSE:MT) announced its quarterly earnings results on Friday, May, 12th. The company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.18. The business earned $16.09 billion during the quarter, compared to analyst estimates of $16.81 billion. ArcelorMittal had a net margin of 5.38% and a return on equity of 10.08%. The business's revenue for the quarter was up 20.1% on a year-over-year basis. During the same period last year, the firm posted ($0.69) earnings per share. View ArcelorMittal's Earnings History.

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

13 equities research analysts have issued twelve-month price objectives for ArcelorMittal's stock. Their predictions range from $23.10 to $45.00. On average, they anticipate ArcelorMittal's share price to reach $31.90 in the next twelve months. 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 outperformed the Zacks categorized Steel-Producers industry over the past one year. ArcelorMittal should gain from its efforts to reduce debt, lower costs, expand capacity and improve efficiency. It is making a significant progress in its cost reduction initiatives under the Action 2020 program. Moreover, ArcelorMittal is looking to sell its non-core assets to focus on important operations and also expanding its advanced high strength steel product line." (7/11/2017)
  • 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 number of of retail and institutional investors. Top institutional shareholders include Creative Planning (0.02%), Exane Derivatives (0.02%), Nepsis Capital Management Inc. (0.02%), Aperio Group LLC (0.02%), Capstone Asset Management Co. (0.00%) and BB&T Corp (0.00%). 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 Nepsis Capital Management Inc., Creative Planning, Aperio Group LLC, Capstone Asset Management Co., Highland Capital Management LLC and Berson & Corrado Investment Advisors LLC. View Insider Buying and Selling for ArcelorMittal.

Who bought ArcelorMittal stock? Who is buying ArcelorMittal stock?

ArcelorMittal's stock was acquired by a variety of institutional investors in the last quarter, including Exane Derivatives, Integrated Investment Consultants LLC and BB&T Corp. 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 $25.22.


MarketBeat Community Rating for ArcelorMittal (NYSE MT)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  470 (Vote Outperform)
Underperform Votes:  594 (Vote Underperform)
Total Votes:  1,064
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, 12 Buy Ratings
Consensus Rating:Buy (Score: 2.85)
Consensus Price Target: $31.90 (26.50% upside)

Analysts' Ratings History for ArcelorMittal (NYSE:MT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/19/2017Cowen and CompanyReiterated RatingBuy$32.00MediumView Rating Details
7/18/2017Jefferies Group LLCReiterated RatingBuy$31.50 -> $34.00LowView Rating Details
7/14/2017ING GroupUpgradeHold -> BuyLowView Rating Details
7/12/2017Deutsche Bank AGUpgradeHold -> Buy$25.00 -> $32.00LowView 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
8/5/2015ABN AmroUpgradeAdd -> BuyN/AView Rating Details
(Data available from 7/23/2015 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
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: $2.93 EPS
Next Year EPS Consensus Estimate: $2.86 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 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
finanznachrichten.de logoArcelorMittal S.A.: ArcelorMittal holds Investor Event
www.finanznachrichten.de - July 3 at 9:39 PM
finance.yahoo.com logoSteel Could Be the Trump Administration’s Biggest Test
finance.yahoo.com - July 3 at 9:39 PM
finance.yahoo.com logoWhat Could It Cost to Make US Steel Great Again?
finance.yahoo.com - July 3 at 9:39 PM
americanbankingnews.com logoCliffs Natural Resources (CLF) and ArcelorMittal (MT) Financial Review
www.americanbankingnews.com - July 3 at 6:06 PM
feeds.benzinga.com logoArcelorMittal holds Investor Event
feeds.benzinga.com - July 3 at 1:59 PM
americanbankingnews.com logoArcelorMittal (MT) Earns "Buy" Rating from Jefferies Group LLC
www.americanbankingnews.com - June 30 at 3:35 PM
seekingalpha.com logoSteel stocks should be owned ahead of Section 232 news, Jefferies says
seekingalpha.com - June 30 at 1:55 AM
nasdaq.com logoCould ArcelorMittal (MT) Stock Impress the Value Investors? - Nasdaq
www.nasdaq.com - June 29 at 5:40 AM
americanbankingnews.com logoArcelorMittal Target of Unusually High Options Trading (MT)
www.americanbankingnews.com - June 28 at 7:18 AM
nasdaq.com logoArcelorMittal publishes its 2016 Report on Payments to ... - Nasdaq - Nasdaq
www.nasdaq.com - June 27 at 11:48 PM
benzinga.com logoPete Najarian Sees Unusual Options Activity In ArcelorMittal
www.benzinga.com - June 24 at 7:08 PM
americanbankingnews.com logoArcelorMittal (MT) Upgraded at BidaskClub
www.americanbankingnews.com - June 24 at 5:32 PM
americanbankingnews.com logoArcelorMittal (MT) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - June 24 at 12:50 AM
forbes.com logo6 Old Name Stocks Trading Below Book Value
www.forbes.com - June 23 at 7:10 PM
finance.yahoo.com logoBulls bet on steel stocks
finance.yahoo.com - June 23 at 7:10 PM
streetinsider.com logoArcelorMittal (MT) Consortium Reaches Agreement on Ilva Lease and Purchase Agreement
www.streetinsider.com - June 18 at 12:26 AM
streetinsider.com logoArcelorMittal (MT) Consortium Reaches Agreement on Ilva Lease and Purchase Agreement - StreetInsider.com
www.streetinsider.com - June 17 at 12:38 AM
americanbankingnews.com logoArcelorMittal (MT) Sees Large Drop in Short Interest
www.americanbankingnews.com - June 15 at 7:08 AM
americanbankingnews.com logoArcelorMittal SA (MT) Lowered to Underperform at Bank of America Corp
www.americanbankingnews.com - June 11 at 2:38 PM
americanbankingnews.com logoStock Traders Purchase High Volume of Call Options on ArcelorMittal SA (MT)
www.americanbankingnews.com - June 11 at 7:04 AM
americanbankingnews.com logoArcelorMittal SA (MT) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - June 8 at 10:58 AM
americanbankingnews.com logoArcelorMittal SA (MT) Rating Increased to Strong-Buy at ValuEngine
www.americanbankingnews.com - June 4 at 7:16 AM
americanbankingnews.com logoArcelorMittal SA's (MT) Buy Rating Reaffirmed at Jefferies Group LLC
www.americanbankingnews.com - May 30 at 1:51 PM
americanbankingnews.com logoArcelorMittal SA (MT) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 30 at 12:38 AM
americanbankingnews.com logoArcelorMittal SA (MT) Raised to Outperform at Macquarie
www.americanbankingnews.com - May 25 at 1:20 PM
finance.yahoo.com logo5 Excellent Value Picks with Discounted PEG
finance.yahoo.com - May 24 at 10:36 AM
americanbankingnews.com logoArcelorMittal SA (MT) Cut to Hold at ValuEngine
www.americanbankingnews.com - May 23 at 3:08 PM
finance.yahoo.com logoDespite Gloomy Outlook, It’s Not the End of Road for Steel Stocks
finance.yahoo.com - May 22 at 10:01 AM
americanbankingnews.com logoArcelorMittal SA (MT) Receives Outperform Rating from Cowen and Company
www.americanbankingnews.com - May 19 at 10:52 AM
americanbankingnews.com logoArcelorMittal SA (MT) Lifted to B- at TheStreet
www.americanbankingnews.com - May 17 at 6:32 PM
americanbankingnews.com logoBrokers Issue Forecasts for ArcelorMittal SA's FY2017 Earnings (MT)
www.americanbankingnews.com - May 17 at 8:50 AM
americanbankingnews.com logoJefferies Group Equities Analysts Boost Earnings Estimates for ArcelorMittal SA (MT)
www.americanbankingnews.com - May 16 at 12:18 PM
americanbankingnews.com logoArcelorMittal SA (MT) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - May 15 at 11:00 AM
americanbankingnews.com logoArcelorMittal SA (MT) Short Interest Update
www.americanbankingnews.com - May 14 at 9:48 AM

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Chart

ArcelorMittal (MT) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff