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NYSE:MT - ArcelorMittal Stock Price, Forecast & News

$18.51
+0.80 (+4.52 %)
(As of 12/13/2019 07:49 AM ET)
Today's Range
$17.51
Now: $18.51
$18.55
50-Day Range
$14.76
MA: $16.67
$18.48
52-Week Range
$12.53
Now: $18.51
$24.24
Volume4.51 million shs
Average Volume2.38 million shs
Market Capitalization$18.88 billion
P/E Ratio3.21
Dividend Yield0.96%
Beta2.49
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 five segments: NAFTA, Brazil, Europe, ACIS, and Mining. The company produces finished and semi-finished steel products with various specifications. Its principal steel products include semi-finished flat products; 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. Read More…

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$8.90 per share
Book Value$43.25 per share

Profitability

Net Income$5.15 billion

Miscellaneous

Employees208,583
Outstanding Shares1,019,920,000
Market Cap$18.88 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

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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 an annual dividend on Wednesday, March 13th. Stockholders of record on Friday, May 17th will be given a dividend of $0.20 per share on Thursday, June 13th. This represents a dividend yield of 0.92%. The ex-dividend date is Thursday, May 16th. View ArcelorMittal's Dividend History.

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

Shares of ArcelorMittal 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 plan on Tuesday, March 13th 2018, which authorizes the company to buyback $280,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal SA (NYSE:MT) issued its earnings results on Thursday, November, 7th. The basic materials company reported ($0.53) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.29) by $0.24. The basic materials company earned $16.63 billion during the quarter, compared to the consensus estimate of $16.70 billion. ArcelorMittal had a return on equity of 4.20% and a net margin of 0.85%. The company's revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.89 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 Thursday, February 6th 2020. View Earnings Estimates for ArcelorMittal.

What price target have analysts set for MT?

7 brokerages have issued 12-month price objectives for ArcelorMittal's stock. Their forecasts range from $18.00 to $29.00. On average, they expect ArcelorMittal's share price to reach $23.00 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for ArcelorMittal.

What is the consensus analysts' recommendation for ArcelorMittal?

7 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 5 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 headlines about MT stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. ArcelorMittal earned a daily sentiment score of -2.7 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for ArcelorMittal.

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 Canopy Growth (CGC), Micron Technology (MU), AT&T (T), Ford Motor (F), Energy Transfer LP Unit (ET), Bank of America (BAC), Cisco Systems (CSCO), General Electric (GE), Intel (INTC) and Advanced Micro Devices (AMD).

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)
  • Paul Weigh, Head of Media Relations

Who are ArcelorMittal's major shareholders?

ArcelorMittal's stock is owned by many different of institutional and retail investors. Top institutional investors include Parametric Portfolio Associates LLC (0.09%), Millennium Management LLC (0.07%), Comerica Bank (0.01%), SG Americas Securities LLC (0.00%), Crossmark Global Holdings Inc. (0.00%) and First Trust Advisors LP (0.00%).

Which institutional investors are selling ArcelorMittal stock?

MT stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Crossmark Global Holdings Inc., World Asset Management Inc, Comerica Bank, Envestnet Asset Management Inc., First Trust Advisors LP and Creative Planning.

Which institutional investors are buying ArcelorMittal stock?

MT stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Parametric Portfolio Associates LLC, State Street Corp, Quadrant Capital Group LLC, Advisor Partners LLC, Campbell & CO Investment Adviser LLC, Lindbrook Capital LLC and Signaturefd 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, Robinhood, Fidelity and Charles Schwab.

What is ArcelorMittal's stock price today?

One share of MT stock can currently be purchased for approximately $18.51.

How big of a company is ArcelorMittal?

ArcelorMittal has a market capitalization of $18.88 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 208,583 workers across the globe.View Additional Information About ArcelorMittal.

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:  722 (Vote Outperform)
Underperform Votes:  868 (Vote Underperform)
Total Votes:  1,590
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 12/13/2019 by MarketBeat.com Staff

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