NYSE:MT - ArcelorMittal Stock Price, Price Target & More

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

ArcelorMittal declared 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 1.37%. The ex-dividend date of this dividend is Thursday, May 17th. View ArcelorMittal's Dividend History.

ArcelorMittal's stock reverse split on the morning of 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.

ArcelorMittal announced that its Board of Directors has authorized a stock 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 purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

ArcelorMittal SA (NYSE:MT) issued its quarterly earnings results on Friday, May, 11th. The basic materials company reported $1.17 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.99 by $0.18. The basic materials company had revenue of $19.19 billion for the quarter, compared to analyst estimates of $19.38 billion. ArcelorMittal had a return on equity of 11.85% and a net margin of 6.63%. View ArcelorMittal's Earnings History.

ArcelorMittal is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for ArcelorMittal.

11 Wall Street analysts have issued 12 month target prices for ArcelorMittal's shares. Their predictions range from $38.00 to $42.00. On average, they expect ArcelorMittal's stock price to reach $40.00 in the next year. This suggests a possible upside of 36.9% from the stock's current price. View Analyst Ratings for ArcelorMittal.

11 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to ArcelorMittal include POSCO (PKX), Tenaris (TS), Nucor (NUE), SUMITOMO Corp/S (SSUMY), Steel Dynamics (STLD), EVRAZ (EVRZF), Ternium (TX), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), Carpenter Technology (CRS), Commercial Metals (CMC), AK Steel (AKS), USINAS SIDERURG/S (USNZY), SunCoke Energy (SXC) and Timkensteel (TMST).

News stories about MT stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. ArcelorMittal earned a media sentiment score of 0.15 on Accern's scale. They also gave headlines about the basic materials company an impact score of 46.13 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

ArcelorMittal's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Cambiar Investors LLC (0.43%), World Asset Management Inc (0.00%), FNY Investment Advisers LLC (0.00%), Fox Run Management L.L.C. (0.00%), Lourd Capital LLC (0.00%) and Campbell & CO Investment Adviser LLC (0.00%). View Institutional Ownership Trends for ArcelorMittal.

MT stock was sold by a variety of institutional investors in the last quarter, including World Asset Management Inc, Creative Planning and Lourd Capital LLC. View Insider Buying and Selling for ArcelorMittal.

MT stock was acquired by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, FNY Investment Advisers LLC, Fox Run Management L.L.C., Campbell & CO Investment Adviser LLC and Benjamin F. Edwards & Company Inc.. View Insider Buying and Selling for 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.

One share of MT stock can currently be purchased for approximately $29.22.

ArcelorMittal has a market capitalization of $29.80 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.

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]