ArcelorMittal Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ArcelorMittal stock.
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Wall Street analysts have given ArcelorMittal a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ArcelorMittal wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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ArcelorMittal saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 6,250,000 shares, a decline of 12.6% from the June 30th total of 7,150,000 shares. Based on an average trading volume of 4,590,000 shares, the short-interest ratio is presently 1.4 days.
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ArcelorMittal is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for ArcelorMittal.

ArcelorMittal (NYSE:MT) posted its quarterly earnings data on Thursday, July, 29th. The basic materials company reported $3.46 earnings per share for the quarter, topping analysts' consensus estimates of $2.70 by $0.76. ArcelorMittal had a net margin of 4.89% and a trailing twelve-month return on equity of 5.03%.
View ArcelorMittal's earnings history.

ArcelorMittal's stock was trading at $10.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MT stock has increased by 245.5% and is now trading at $35.24.
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ArcelorMittal announced an annual dividend on Wednesday, June 2nd. Stockholders of record on Friday, June 11th will be paid a dividend of $0.30 per share on Tuesday, June 15th. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, June 10th.
View ArcelorMittal's dividend history.

ArcelorMittal pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.71%.
View ArcelorMittal's dividend history.

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.

12 brokerages have issued 12 month target prices for ArcelorMittal's stock. Their forecasts range from $24.00 to $47.00. On average, they expect ArcelorMittal's share price to reach $35.47 in the next year. This suggests a possible upside of 0.7% from the stock's current price.
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1 employees have rated ArcelorMittal CEO Lourenco Goncalves on Glassdoor.com. Lourenco Goncalves has an approval rating of 100% among ArcelorMittal's employees. This puts Lourenco Goncalves in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to ArcelorMittal include Nucor (NUE), CITIC (CTPCY), POSCO (PKX), Sumitomo (SSUMY), Steel Dynamics (STLD), Tenaris (TS), Ternium (TX), United States Steel (X), Aperam (APEMY), Commercial Metals (CMC), Grupo Simec (SIM), Usinas Siderúrgicas de Minas Gerais (USNZY), Carpenter Technology (CRS), SunCoke Energy (SXC) and TimkenSteel (TMST).
View all of MT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other ArcelorMittal investors own include AT&T (T), (CGC), Energy Transfer (ET), Ford Motor (F), Micron Technology (MU), Bank of America (BAC), Intel (INTC), General Electric (GE), Gilead Sciences (GILD) and Cisco Systems (CSCO).

ArcelorMittal trades on the New York Stock Exchange (NYSE) under the ticker symbol "MT."

ArcelorMittal's stock is owned by many different retail and institutional investors. Top institutional investors include Symmetry Investments LP (0.00%), Harel Insurance Investments & Financial Services Ltd. (0.00%) and Equitec Specialists LLC (0.00%).
View institutional ownership trends for ArcelorMittal.

MT stock was sold by a variety of institutional investors in the last quarter, including Equitec Specialists LLC, and Harel Insurance Investments & Financial Services Ltd..
View insider buying and selling activity for ArcelorMittal or view top insider-selling stocks.

MT stock was acquired by a variety of institutional investors in the last quarter, including Symmetry Investments LP.
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Shares of MT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MT stock can currently be purchased for approximately $35.24.

ArcelorMittal has a market capitalization of $35.67 billion and generates $53.27 billion in revenue each year. The basic materials company earns $-733,000,000.00 in net income (profit) each year or ($0.77) on an earnings per share basis.

ArcelorMittal employs 167,743 workers across the globe.

ArcelorMittal was founded in 2006.

The official website for ArcelorMittal is www.arcelormittal.com.

ArcelorMittal is headquartered at 24-26 Boulevard d'Avranches, Luxembourg N4, 1160.

ArcelorMittal's mailing address is 24-26 Boulevard d'Avranches, Luxembourg N4, 1160. The basic materials company can be reached via phone at 352-4792-2151 or via email at [email protected]