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

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$29.69 +0.18 (+0.61 %)
(As of 08/22/2018 03:39 AM ET)
Previous Close$29.51
Today's Range$29.66 - $30.12
52-Week Range$24.74 - $37.50
Volume1.62 million shs
Average Volume3.08 million shs
Market Capitalization$29.68 billion
P/E Ratio5.61
Dividend Yield0.29%
Beta2.31
ArcelorMittal logoArcelorMittal, 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
SymbolNYSE:MT
CUSIPN/A
Phone352-4792-2151

Debt

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

Price-To-Earnings

Trailing P/E Ratio5.61
Forward P/E Ratio5.46
P/E GrowthN/A

Sales & Book Value

Annual Sales$68.68 billion
Price / Sales0.44
Cash Flow$8.2472 per share
Price / Cash3.60
Book Value$40.06 per share
Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$5.34
Net Income$4.57 billion
Net Margins7.11%
Return on Equity12.62%
Return on Assets6.02%

Miscellaneous

Employees197,108
Outstanding Shares1,019,920,000
Market Cap$29.68 billion

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. Shareholders of record on Friday, May 18th will be paid a dividend of $0.10 per share on Wednesday, June 13th. This represents a $0.40 dividend on an annualized basis and a yield of 1.35%. 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?

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.

How will ArcelorMittal's stock buyback program work?

ArcelorMittal announced that its Board of Directors has approved a share buyback program on Tuesday, March 13th 2018, which permits the company to buyback $280,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal SA (NYSE:MT) posted its quarterly earnings results on Wednesday, August, 1st. The basic materials company reported $1.83 EPS for the quarter, beating analysts' consensus estimates of $1.55 by $0.28. The basic materials company had revenue of $20 billion for the quarter, compared to analysts' expectations of $20.25 billion. ArcelorMittal had a net margin of 7.11% and a return on equity of 12.62%. The business's quarterly revenue was up 16.0% on a year-over-year basis. During the same period last year, the business posted $1.29 EPS. View ArcelorMittal's Earnings History.

When is ArcelorMittal's next earnings date?

ArcelorMittal is scheduled to release their next quarterly earnings announcement on Friday, November, 9th 2018. View Earnings Estimates for ArcelorMittal.

What price target have analysts set for MT?

10 equities research analysts have issued 1 year target prices for ArcelorMittal's stock. Their predictions range from $38.00 to $42.00. On average, they anticipate ArcelorMittal's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 34.7% 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 1 sell rating, 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ArcelorMittal.

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, 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

Has ArcelorMittal been receiving favorable news coverage?

News headlines about MT stock have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ArcelorMittal earned a media and rumor sentiment score of 0.15 on Accern's scale. They also gave news headlines about the basic materials company an impact score of 47.31 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for ArcelorMittal.

Who are ArcelorMittal's major shareholders?

ArcelorMittal's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cambiar Investors LLC (0.43%), FMR LLC (0.28%), Dimensional Fund Advisors LP (0.24%), Bank of America Corp DE (0.16%), Scopus Asset Management L.P. (0.09%) and Renaissance Technologies LLC (0.08%).

Which institutional investors are selling ArcelorMittal stock?

MT stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC, US Bancorp DE, Van ECK Associates Corp, Barings LLC, Oppenheimer & Co. Inc., Crossmark Global Holdings Inc., World Asset Management Inc and Dimensional Fund Advisors LP.

Which institutional investors are buying ArcelorMittal stock?

MT stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Standard Life Aberdeen plc, Renaissance Technologies LLC, Millennium Management LLC, FMR LLC, OLD Mission Capital LLC, Connor Clark & Lunn Investment Management Ltd. and Cambiar Investors 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 $29.69.

How big of a company is ArcelorMittal?

ArcelorMittal has a market capitalization of $29.68 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.

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:  648 (Vote Outperform)
Underperform Votes:  773 (Vote Underperform)
Total Votes:  1,421
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 8/22/2018 by MarketBeat.com Staff

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