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

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

ArcelorMittal announced a quarterly dividend on Friday, March 16th. Investors 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 yield of 1.27%. The ex-dividend date is Thursday, May 17th. 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 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.

ArcelorMittal declared that its Board of Directors has initiated a share buyback plan on Tuesday, March 13th 2018, which authorizes the company to repurchase $280,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's management believes its shares are undervalued.

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

ArcelorMittal is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for ArcelorMittal.

10 brokerages have issued 12 month price objectives for ArcelorMittal's shares. Their forecasts range from $32.00 to $42.00. On average, they anticipate ArcelorMittal's share price to reach $37.3333 in the next twelve months. View Analyst Ratings for ArcelorMittal.

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

Media coverage about MT stock has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ArcelorMittal earned a news sentiment score of 0.07 on Accern's scale. They also assigned media headlines about the basic materials company an impact score of 45.44 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

ArcelorMittal's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (0.24%), Northern Trust Corp (0.10%), Russell Investments Group Ltd. (0.05%), Alpine Woods Capital Investors LLC (0.05%), Wells Fargo & Company MN (0.04%) and Van ECK Associates Corp (0.02%). View Institutional Ownership Trends for ArcelorMittal.

MT stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Alpine Woods Capital Investors LLC, Northern Trust Corp, BlackRock Inc., ING Groep NV, Daiwa Securities Group Inc., Profund Advisors LLC and Bayesian Capital Management LP. View Insider Buying and Selling for ArcelorMittal.

MT stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., US Bancorp DE, SG Americas Securities LLC, Aperio Group LLC, Element Capital Management LLC, Van ECK Associates Corp, Global X Management Co. LLC and Brookfield Asset Management 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 $31.52.

ArcelorMittal has a market capitalization of $33.17 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]