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ArcelorMittal Stock Price, Forecast & Analysis (NYSE:MT)

$16.25
-0.47 (-2.81 %)
(As of 11/19/2019 06:24 AM ET)
Today's Range
$16.13
Now: $16.25
$16.39
50-Day Range
$12.88
MA: $15.11
$17.18
52-Week Range
$12.53
Now: $16.25
$24.90
Volume2.80 million shs
Average Volume3.18 million shs
Market Capitalization$16.57 billion
P/E Ratio2.82
Dividend Yield1.02%
Beta2.42
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$8.29 per share
Book Value$43.25 per share

Profitability

Net Income$5.15 billion

Miscellaneous

Employees208,583
Outstanding Shares1,019,920,000
Market Cap$16.57 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. Shareholders of record on Friday, May 17th will be paid a dividend of $0.20 per share on Thursday, June 13th. This represents a yield of 0.92%. The ex-dividend date of this dividend is Thursday, May 16th. View ArcelorMittal's Dividend History.

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

ArcelorMittal shares 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 will ArcelorMittal's stock buyback program work?

ArcelorMittal declared that its board has approved a share buyback plan on Tuesday, March 13th 2018, which permits the company to repurchase $280,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally 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 Thursday, November, 7th. The basic materials company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.29) by $0.24. The basic materials company had revenue of $16.63 billion for the quarter, compared to analysts' expectations of $16.70 billion. ArcelorMittal had a net margin of 0.85% and a return on equity of 4.20%. The business's quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted $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 analysts have issued 1 year price targets for ArcelorMittal's shares. Their forecasts range from $18.00 to $29.00. On average, they expect ArcelorMittal's stock price to reach $23.19 in the next twelve months. This suggests a possible upside of 42.7% 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, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ArcelorMittal.

Has ArcelorMittal been receiving favorable news coverage?

News stories about MT stock have trended very negative this week, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. ArcelorMittal earned a news sentiment score of -3.9 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for ArcelorMittal.

Are investors shorting ArcelorMittal?

ArcelorMittal saw a increase in short interest in October. As of October 15th, there was short interest totalling 11,080,000 shares, an increase of 44.1% from the September 15th total of 7,690,000 shares. Based on an average trading volume of 3,360,000 shares, the short-interest ratio is currently 3.3 days. Currently, 1.1% of the company's shares are sold short. View ArcelorMittal's Current Options Chain.

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

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 a variety of of retail and institutional investors. Top institutional shareholders include Comerica Bank (0.01%), SG Americas Securities LLC (0.00%), Crossmark Global Holdings Inc. (0.00%), First Trust Advisors LP (0.00%), Creative Planning (0.00%) and Quadrant Capital Group LLC (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 bought by a variety of institutional investors in the last quarter, including Quadrant Capital Group LLC, Advisor Partners LLC, Campbell & CO Investment Adviser LLC, Lindbrook Capital LLC, Signaturefd LLC and Wetherby Asset Management Inc..

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 $16.25.

How big of a company is ArcelorMittal?

ArcelorMittal has a market capitalization of $16.57 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:  716 (Vote Outperform)
Underperform Votes:  860 (Vote Underperform)
Total Votes:  1,576
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 11/19/2019 by MarketBeat.com Staff

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