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

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$22.17 +0.60 (+2.78 %)
(As of 12/13/2018 03:06 AM ET)
Previous Close$21.57
Today's Range$22.14 - $22.51
52-Week Range$21.05 - $37.50
Volume2.09 million shs
Average Volume3.00 million shs
Market Capitalization$22.03 billion
P/E Ratio4.15
Dividend Yield0.40%
Beta2.24
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

Stock Exchange NYSE
Industry Blast furnaces & steel mills
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSE:MT
Previous Symbol
CUSIPN/A
Phone352-4792-2151

Debt

Debt-to-Equity Ratio0.21
Current Ratio1.38
Quick Ratio0.60

Price-To-Earnings

Trailing P/E Ratio4.15
Forward P/E Ratio4.28
P/E Growth2.27

Sales & Book Value

Annual Sales$68.68 billion
Price / Sales0.33
Cash Flow$8.3034 per share
Price / Cash Flow2.67
Book Value$40.06 per share
Price / Book0.55

Profitability

EPS (Most Recent Fiscal Year)$5.34
Net Income$4.57 billion
Net Margins6.62%
Return on Equity12.59%
Return on Assets6.09%

Miscellaneous

Employees197,108
Outstanding Shares1,019,920,000
Market Cap$22.03 billion
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. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Thursday, May 17th. View ArcelorMittal's Dividend History.

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

ArcelorMittal's stock 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 has approved a stock buyback program on Tuesday, March 13th 2018, which permits the company to repurchase $280,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal SA (NYSE:MT) issued its earnings results on Thursday, November, 1st. The basic materials company reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.38 by $0.11. The basic materials company had revenue of $18.52 billion for the quarter, compared to analyst estimates of $19.33 billion. ArcelorMittal had a net margin of 6.62% and a return on equity of 12.59%. The company's quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.18 earnings per share. View ArcelorMittal's Earnings History.

When is ArcelorMittal's next earnings date?

ArcelorMittal is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for ArcelorMittal.

What price target have analysts set for MT?

10 brokers have issued twelve-month price objectives for ArcelorMittal's stock. Their forecasts range from $38.00 to $42.00. On average, they expect ArcelorMittal's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 80.4% from the stock's current price. View Analyst Price Targets for ArcelorMittal.

What is the consensus analysts' recommendation for ArcelorMittal?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ArcelorMittal.

Has ArcelorMittal been receiving favorable news coverage?

Headlines about MT stock have trended very positive this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ArcelorMittal earned a daily sentiment score of 3.6 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of ArcelorMittal's key competitors?

Who are ArcelorMittal's key executives?

ArcelorMittal's management team includes the folowing people:
  • Mr. Lakshmi Nivas Mittal B.Com., Chairman & CEO (Age 68)
  • Mr. Aditya Mittal, Pres & Group CFO (Age 41)
  • Mr. Daniel Fairclough, Head of Investor Relations & VP of Corp. Fin.
  • Mr. David Clarke, CTO, Head of Corp. Strategy & VP (Age 53)
  • Ms. Nicola Davidson, VP of Corp. Communications and Corp. Responsibility

Who are ArcelorMittal's major shareholders?

ArcelorMittal's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Cambiar Investors LLC (0.43%), Dimensional Fund Advisors LP (0.24%), Deutsche Bank AG (0.12%), Renaissance Technologies LLC (0.10%), Marshall Wace North America L.P. (0.09%) and JPMorgan Chase & Co. (0.09%).

Which institutional investors are selling ArcelorMittal stock?

MT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Marshall Wace LLP, Morgan Stanley, Marshall Wace North America L.P., Quantbot Technologies LP, First Trust Advisors LP, Wells Fargo & Company MN and Jefferies Group LLC.

Which institutional investors are buying ArcelorMittal stock?

MT stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, JPMorgan Chase & Co., JPMorgan Chase & Co., Credit Suisse AG, Renaissance Technologies LLC, Lombard Odier Asset Management USA Corp, SPX Equities Gestao de Recursos Ltda and Exane Derivatives.

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 $22.17.

How big of a company is ArcelorMittal?

ArcelorMittal has a market capitalization of $22.03 billion and generates $68.68 billion in revenue each year. The basic materials company earns $4.57 billion in net income (profit) each year or $5.34 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:  668 (Vote Outperform)
Underperform Votes:  794 (Vote Underperform)
Total Votes:  1,462
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 12/13/2018 by MarketBeat.com Staff

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