S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:MT

ArcelorMittal (MT) Stock Forecast, Price & News

$29.17
+0.53 (+1.85%)
(As of 05/20/2022 07:00 PM ET)
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Today's Range
$28.26
$29.59
50-Day Range
$26.91
$34.56
52-Week Range
$26.36
$37.87
Volume
3.37 million shs
Average Volume
5.00 million shs
Market Capitalization
$27.36 billion
P/E Ratio
1.85
Dividend Yield
1.10%
Beta
1.92
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ArcelorMittal logo

About ArcelorMittal

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. Its principal steel products include semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, which includes 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. The company's principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.

Headlines

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Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
N/A
Employees
157,909
Year Founded
2006

Sales & Book Value

Annual Sales
$76.57 billion
Cash Flow
$18.94 per share
Book Value
$59.92 per share

Profitability

Net Income
$14.96 billion
Pretax Margin
24.35%

Debt

Price-To-Earnings

Miscellaneous

Free Float
937,247,000
Market Cap
$27.36 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 6/10 Dividend
5/13/2022
Today
5/22/2022
Dividend Payable
6/10/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.56 out of 5 stars

Basic Materials Sector

55th out of 238 stocks

Blast Furnaces & Steel Mills Industry

6th out of 17 stocks

Analyst Opinion: 3.4Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -













ArcelorMittal (NYSE:MT) Frequently Asked Questions

Is ArcelorMittal a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last twelve months. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ArcelorMittal stock.
View analyst ratings for ArcelorMittal
or view top-rated stocks.

Are investors shorting ArcelorMittal?

ArcelorMittal saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 5,050,000 shares, a decline of 18.7% from the April 15th total of 6,210,000 shares. Based on an average trading volume of 4,710,000 shares, the short-interest ratio is currently 1.1 days. Approximately 0.6% of the company's stock are short sold.
View ArcelorMittal's Short Interest
.

When is ArcelorMittal's next earnings date?

ArcelorMittal is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for ArcelorMittal
.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal S.A. (NYSE:MT) released its earnings results on Thursday, May, 5th. The basic materials company reported $4.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.25 by $1.02. The basic materials company earned $21.84 billion during the quarter, compared to the consensus estimate of $21.11 billion. ArcelorMittal had a net margin of 20.43% and a trailing twelve-month return on equity of 32.88%.
View ArcelorMittal's earnings history
.

How often does ArcelorMittal pay dividends? What is the dividend yield for ArcelorMittal?

ArcelorMittal declared an annual dividend on Wednesday, February 16th. Stockholders of record on Monday, May 16th will be given a dividend of $0.38 per share on Friday, June 10th. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, May 13th. This is a positive change from ArcelorMittal's previous annual dividend of $0.30.
View ArcelorMittal's dividend history
.

Is ArcelorMittal a good dividend stock?

ArcelorMittal pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.13%. The dividend payout ratio of ArcelorMittal is 2.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ArcelorMittal will have a dividend payout ratio of 3.44% next year. This indicates that ArcelorMittal will be able to sustain or increase its dividend.
View ArcelorMittal's dividend history.

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

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.

What price target have analysts set for MT?

10 analysts have issued 12-month price objectives for ArcelorMittal's shares. Their forecasts range from $30.89 to $50.00. On average, they anticipate ArcelorMittal's stock price to reach $43.82 in the next year. This suggests a possible upside of 50.2% from the stock's current price.
View analysts' price targets for ArcelorMittal
or view top-rated stocks among Wall Street analysts.

Who are ArcelorMittal's key executives?
ArcelorMittal's management team includes the following people:
  • Mr. Lakshmi Nivas Mittal B.Com., Exec. Chairman (Age 72, Pay $4.67M)
  • Mr. Aditya Mittal, CEO & Director (Age 45, Pay $4.22M)
  • Mr. Genuino Jose Magalhaes Christino, Exec. VP & CFO (Age 50)
  • Mr. Daniel Fairclough, Head of Investor Relations & VP of Corp. Fin.
  • Mr. Henk Scheffer, Group Compliance, Data Protection Officer & Company Sec. (Age 59)
  • Ms. Nicola Davidson, VP and Head of Corp. Communications & Corp. Responsibility
  • Mr. Bart Wille, Exec. VP & Head of HR (Age 60)
  • Mr. Augustine Kochuparampil, VP & CEO of Long Products Europe (Age 70)
  • Dr. Gregory Ludkovsky, VP and CEO of Global R&D (Age 72)
  • Mr. Vijay Krishna Goyal, Exec. VP & CEO of ArcelorMittal CIS (Age 50)
What is Lourenco Goncalves' approval rating as ArcelorMittal's CEO?

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.

What other stocks do shareholders of ArcelorMittal own?

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).

What is ArcelorMittal's stock symbol?

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

Who are ArcelorMittal's major shareholders?

ArcelorMittal's stock is owned by a variety of institutional and retail investors. Top institutional investors include GQG Partners LLC (0.92%), Arrowstreet Capital Limited Partnership (0.57%), Dimensional Fund Advisors LP (0.41%), BlackRock Inc. (0.40%), Clearbridge Investments LLC (0.33%) and Renaissance Technologies LLC (0.18%).
View institutional ownership trends for ArcelorMittal
.

Which major investors are selling ArcelorMittal stock?

MT stock was sold by a variety of institutional investors in the last quarter, including GQG Partners LLC, PEAK6 Investments LLC, JPMorgan Chase & Co., Castle Hook Partners LP, Russell Investments Group Ltd., Bank of Montreal Can, Causeway Capital Management LLC, and New York State Common Retirement Fund.
View insider buying and selling activity for ArcelorMittal
or view top insider-selling stocks.

Which major investors are buying ArcelorMittal stock?

MT stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, BlackRock Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Twin Tree Management LP, Connectus Wealth LLC, Clearbridge Investments LLC, and Capital Fund Management S.A..
View insider buying and selling activity for ArcelorMittal
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ArcelorMittal's stock price today?

One share of MT stock can currently be purchased for approximately $29.17.

How much money does ArcelorMittal make?

ArcelorMittal has a market capitalization of $27.36 billion and generates $76.57 billion in revenue each year. The basic materials company earns $14.96 billion in net income (profit) each year or $15.81 on an earnings per share basis.

How many employees does ArcelorMittal have?

ArcelorMittal employs 157,909 workers across the globe.

When was ArcelorMittal founded?

ArcelorMittal was founded in 2006.

What is ArcelorMittal's official website?

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

How can I contact ArcelorMittal?

ArcelorMittal's mailing address is 24-26 Boulevard d'Avranches, Luxembourg N4, 1160. The basic materials company can be reached via phone at 35247921, via email at [email protected], or via fax at 352-4792-2235.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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