About ArcelorMittal (NYSE:MT)
ArcelorMittal S.A. (ArcelorMittal) is a holding company. The Company, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia and Africa. ArcelorMittal operates through five segments, which include NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment produces flat, long and tubular products. The Brazil segment includes the flat operations of Brazil, and the long and tubular operations of Brazil and neighboring countries. The Europe segment is the flat steel producer in Europe. The ACIS segment produces a combination of flat, long products and tubular products. The Mining segment comprises all mines owned by ArcelorMittal in the Americas, Asia, Europe and Africa. It produces a range of finished and semi-finished steel products (semis).
Industry, Sector and Symbol:
- Industry: Steel
- Sub-Industry: N/A
- Sector: Basic Materials
- Symbol: NYSE:MT
- CUSIP: N/A
- Web: www.arcelormittal.com
- Debt-to-Equity Ratio: 0.24%
- Current Ratio: 1.21%
- Quick Ratio: 0.44%
Sales & Book Value:
- Trailing P/E Ratio: 7.03
- Forward P/E Ratio: 7.45
- P/E Growth: 0.66
- Annual Sales: $56.791 billion
- Price / Sales: 0.50
- Cash Flow: $4.02 per share
- Price / Cash: 6.97
- Book Value: $31.71 per share
- Price / Book: 0.88
- Trailing EPS: $3.85
- Net Income: $1.779 billion
- Net Margins: 6.04%
- Return on Equity: 11.57%
- Return on Assets: 5.11%
- Employees: 198,517
- Outstanding Shares: 1,018,610,000
Frequently Asked Questions for ArcelorMittal (NYSE:MT)
What is ArcelorMittal's stock symbol?
ArcelorMittal trades on the New York Stock Exchange (NYSE) under the ticker symbol "MT."
When did ArcelorMittal's stock split? How did ArcelorMittal's stock split work?
Shares of ArcelorMittal 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.
How were ArcelorMittal's earnings last quarter?
ArcelorMittal (NYSE:MT) issued its quarterly earnings data on Friday, November, 10th. The basic materials company reported $1.18 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.86 by $0.32. The basic materials company earned $17.64 billion during the quarter, compared to analyst estimates of $17.08 billion. ArcelorMittal had a net margin of 6.04% and a return on equity of 11.57%. The company's revenue for the quarter was up 21.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS. View ArcelorMittal's Earnings History.
When will ArcelorMittal make its next earnings announcement?
Where is ArcelorMittal's stock going? Where will ArcelorMittal's stock price be in 2017?
12 analysts have issued twelve-month price objectives for ArcelorMittal's stock. Their forecasts range from $25.32 to $45.00. On average, they anticipate ArcelorMittal's stock price to reach $33.66 in the next year. View Analyst Ratings for ArcelorMittal.
What are Wall Street analysts saying about ArcelorMittal stock?
Here are some recent quotes from research analysts about ArcelorMittal stock:
- 1. According to Zacks Investment Research, "ArcelorMittal has outperformed the industry it belongs to over the past year. ArcelorMittal should gain from its efforts to reduce debt. It is also making a significant progress in reducing costs and expanding its advanced high strength steel product line under the Action 2020 program. The planned acquisition of Ilva S.p.A. in Italy represents another attractive growth opportunity for the company. However, falling iron ore and steel prices pose concerns for the company. Lower expected steel demand in the United States and Brazil is another concern. ArcelorMittal also faces challenging steel market conditions in Europe." (11/8/2017)
- 2. Cowen and Company analysts commented, "We are upgrading shares of MT to Outperform, from Market Perform, as we think shares are undervalued due to the efficiency and cost cutting initiatives, leverage to rising global metal prices, and attractive relative valuation. We are raising our price target to $11, from $10." (3/23/2017)
- 3. Jefferies Group LLC analysts commented, "This week, we hosted a roadshow with MT Head of Finance Genuino Christino and Head of IR Daniel Fairclough to discuss the firm's outlook following solid Q4 results. Steel industry conditions are improving, driven by Chinese supply reform, rising trade protection and growing Western demand. But, MT's confidence stems from effective self-help measures, driving strong earnings and FCF momentum and improving the co's long-term prospects. Reiterate Buy." (2/10/2017)
Who are some of ArcelorMittal's key competitors?
Some companies that are related to ArcelorMittal include POSCO (PKX), Nucor Corporation (NUE), Steel Dynamics (STLD), Gerdau S.A. (GGB), United States Steel Corporation (X), National Steel Company (SID), Carpenter Technology Corporation (CRS), Commercial Metals Company (CMC), Cleveland-Cliffs (CLF), Grupo Simec SAB de CV (SIM), Gibraltar Industries (ROCK), Mechel PAO (MTL), SunCoke Energy Partners, L.P. (SXCP), SunCoke Energy (SXC), Dynamic Materials Corp. (BOOM), L.B. Foster Company (FSTR), Olympic Steel (ZEUS) and Northwest Pipe Company (NWPX).
Who are ArcelorMittal's key executives?
ArcelorMittal's management team includes the folowing people:
- Lakshmi Narayan Mittal, Chairman of the Board, Chief Executive Officer, Member of the Executive Board (Age 67)
- Aditya Mittal, Group Chief Financial Officer, Member of the Executive Board, Chief Executive Officer ArcelorMittal Europe (Age 41)
- Henri Blaffart, Executive Vice President, Member of the Executive Board, Group Head of Human Resources and Corporate Services (Age 62)
- Brian Aranha, Executive Vice President, Member of the Executive Board, Head of Strategy, CTO, R&D, CCM, and Global Automotive (Age 61)
- Jefferson de Paula, Executive Vice President, Member of the Executive Board, Chief Executive Officer ArcelorMittal South America Long (Age 58)
- Robrecht Himpe, Executive Vice President, Member of the Executive Board, President and CEO AM/NS Calvert, CEO ArcelorMittal North America (Age 58)
- Kleber Silva, Executive Vice President, Member of Management Committee, Head of Iron Ore, ArcelorMittal Mining
- Geert Maurice Van Poelvoorde, Executive Vice President, Member of the Executive Board, Chief Executive Officer ArcelorMittal Europe Flat
- Simon C. Wandke, Executive Vice President, Member of the Executive Board, Chief Executive Officer of ArcelorMittal Mining
- David Clarke, Vice President, Member of the Management Committee, Head of Strategy and Chief Technology Officer (Age 52)
Who owns ArcelorMittal stock?
ArcelorMittal's stock is owned by a number of of retail and institutional investors. Top institutional investors include Cambiar Investors LLC (0.52%), Dimensional Fund Advisors LP (0.23%), Alpine Woods Capital Investors LLC (0.05%), Van ECK Associates Corp (0.03%), Jane Street Group LLC (0.03%) and Exane Derivatives (0.02%). View Institutional Ownership Trends for ArcelorMittal.
Who sold ArcelorMittal stock? Who is selling ArcelorMittal stock?
ArcelorMittal's stock was sold by a variety of institutional investors in the last quarter, including Stevens Capital Management LP, Nepsis Capital Management Inc., Van ECK Associates Corp, Cetera Advisors LLC, First Republic Investment Management Inc. and Ladenburg Thalmann Financial Services Inc.. View Insider Buying and Selling for ArcelorMittal.
Who bought ArcelorMittal stock? Who is buying ArcelorMittal stock?
ArcelorMittal's stock was bought by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Dimensional Fund Advisors LP, Cambiar Investors LLC, Alpine Woods Capital Investors LLC, Daiwa Securities Group Inc., Bbva Compass Bancshares Inc., Comerica Bank and Crossmark Global Holdings Inc.. View Insider Buying and Selling for ArcelorMittal.
How do I buy ArcelorMittal stock?
Shares of ArcelorMittal 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.
What is ArcelorMittal's stock price today?
One share of ArcelorMittal stock can currently be purchased for approximately $28.00.
How big of a company is ArcelorMittal?
ArcelorMittal has a market capitalization of $28.52102 billion and generates $56.791 billion in revenue each year. The basic materials company earns $1.779 billion in net income (profit) each year or $3.85 on an earnings per share basis. ArcelorMittal employs 198,517 workers across the globe.
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)MarketBeat's community ratings are surveys of what our community members think about ArcelorMittal and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for ArcelorMittal (NYSE:MT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 2 Hold Ratings, 9 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$33.66 (20.23% upside)|
Consensus Price Target History for ArcelorMittal (NYSE:MT)
Analysts' Ratings History for ArcelorMittal (NYSE:MT)
(Data available from 11/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/17/2017||Deutsche Bank AG||Reiterated Rating||Buy||N/A|
|11/17/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Buy||N/A|
|11/13/2017||Cowen and Company||Boost Price Target||Market Perform||$27.00 -> $32.00||N/A|
|9/18/2017||Jefferies Group LLC||Reiterated Rating||Buy||Low|
|7/30/2017||SBG Securities||Downgrade||Buy -> Hold||Medium|
|7/14/2017||ING Group||Upgrade||Hold -> Buy||Low|
|6/6/2017||Bank of America Corporation||Downgrade||Buy -> Underperform||Medium|
|5/25/2017||Macquarie||Upgrade||Neutral -> Outperform||Low|
|3/31/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$25.20 -> $25.32||Low|
|3/25/2017||Credit Suisse Group||Set Price Target||Buy||$45.00||Medium|
|1/18/2017||Commerzbank Ag||Upgrade||Hold -> Buy||N/A|
|11/25/2016||Royal Bank Of Canada||Upgrade||Sector Perform -> Outperform||N/A|
|11/15/2016||Citigroup Inc.||Reiterated Rating||Buy||N/A|
|8/9/2016||Clarkson Capital||Upgrade||Neutral -> Buy||N/A|
|5/29/2016||Berenberg Bank||Reiterated Rating||Buy||N/A|
|5/19/2016||Nord/LB||Set Price Target||Neutral||€12.00||N/A|
|5/11/2016||Independent Research GmbH||Set Price Target||Neutral||€13.50||N/A|
|5/10/2016||Barclays PLC||Set Price Target||Neutral||€13.50||N/A|
|3/29/2016||Morgan Stanley||Set Price Target||Buy||€13.20||N/A|
|2/8/2016||BNP Paribas||Set Price Target||Neutral||€10.50||N/A|
|2/5/2016||S&P Equity Research||Set Price Target||Sell||€9.60||N/A|
|2/5/2016||Societe Generale||Set Price Target||Buy||€27.00||N/A|
Earnings History and Estimates Chart for ArcelorMittal (NYSE:MT)
Earnings History by Quarter for ArcelorMittal (NYSE MT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/9/2018|| || || || || || || || |
|11/10/2017||Q3||$0.86||$1.18||$17.08 billion||$17.64 billion||View||N/A|
|7/27/2017||6/30/2017||$0.78||$1.33||$16.88 billion||$17.24 billion||View||N/A|
|5/12/2017||3/31/2017||$0.81||$0.99||$16.81 billion||$16.09 billion||View||N/A|
|2/10/2017||Q416||$0.39||$0.48||$14.03 million||$14.13 billion||View||N/A|
|11/8/2016||Q316||$0.54||$0.66||$15.59 million||$14.52 billion||View||N/A|
|7/29/2016||Q2||$0.24||$1.14||$15.23 billion||$14.74 billion||View||N/A|
|5/6/2016||Q1 2016||($0.60)||($0.30)||$14.25 billion||$13.40 billion||View||N/A|
|11/6/2015||Q315||($0.06)||($0.63)||$15.71 billion||$15.60 billion||View||N/A|
|7/31/2015||Q215||($0.75)||$0.30||$17.39 billion||$16.90 billion||View||N/A|
|5/7/2015||Q1 15||($0.21)||($1.23)||$16.95 billion||$17.12 billion||View||N/A|
|11/7/2014||Q114||$0.33||$0.03||$20.37 billion||$20.07 billion||View||N/A|
|8/1/2014||Q2 2014||$0.60||$0.09||$20.42 billion||$10.70 billion||View||N/A|
|2/7/2014||Q413||$1.17||($2.07)||$19.31 billion||$19.85 billion||View||N/A|
|11/7/2013||Q313||($0.03)||($0.36)||$19.84 billion||$19.64 billion||View||N/A|
|8/1/2013||Q213||$0.27||($1.32)||$20.70 million||$20.20 billion||View||N/A|
|5/10/2013||Q113||($0.15)||($0.63)||$20.86 billion||$19.75 billion||View||N/A|
|2/6/2013||Q412||($8.34)||($1.74)||$19.74 billion||$19.31 billion||View||N/A|
|10/31/2012||Q312||$0.45||($1.38)||$21.19 billion||$19.72 billion||View||N/A|
Earnings Estimates for ArcelorMittal (NYSE:MT)
Current Year EPS Consensus Estimate: $3.76 EPS
Next Year EPS Consensus Estimate: $3.3 EPS
Current Dividend Information for ArcelorMittal (NYSE:MT)
|Most Recent Dividend:||3/15/2016|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for ArcelorMittal (NYSE MT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for ArcelorMittal (NYSE MT)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for ArcelorMittal (NYSE MT)
|ArcelorMittal's (MT) Buy Rating Reiterated at The Goldman Sachs Group, Inc.|
www.americanbankingnews.com - November 18 at 11:02 AM
|DowDuPont to Expand Capacity to Meet DuPont Zytel HTN Demand|
finance.yahoo.com - November 18 at 5:32 AM
|Celanese (CE) to Hike Acetyl Intermediates Price in Asia|
finance.yahoo.com - November 18 at 5:32 AM
|ArcelorMittal's (MT) Buy Rating Reaffirmed at Deutsche Bank AG|
www.americanbankingnews.com - November 17 at 11:48 AM
|ArcelorMittal (MT) Q3 Earnings Top, Sales Miss Estimates - Nasdaq ... - Nasdaq|
www.nasdaq.com - November 14 at 3:13 AM
|ArcelorMittal (MT): Brazil May Have Bottomed, PT To $32 - Cowen - StreetInsider.com|
www.streetinsider.com - November 14 at 3:13 AM
|ArcelorMittal (MT) Price Target Raised to $32.00|
www.americanbankingnews.com - November 13 at 8:04 AM
|ArcelorMittal upbeat about 2018 after strong third quarter|
finance.yahoo.com - November 12 at 8:49 AM
|ArcelorMittal posts 3Q profit|
finance.yahoo.com - November 12 at 8:49 AM
|[$$] ArcelorMittal upbeat on global steel market as it lifts earnings|
finance.yahoo.com - November 12 at 8:49 AM
|ArcelorMittal Upbeat on Steel Outlook Following Strong Quarter|
finance.yahoo.com - November 12 at 8:49 AM
|Investors In ArcelorMittal (MT) Are Paying Above The Intrinsic Value|
finance.yahoo.com - November 12 at 8:48 AM
|Comparing ArcelorMittal (MT) and Northwest Pipe (NWPX)|
www.americanbankingnews.com - November 11 at 11:26 PM
|ArcelorMittal (MT) Announces Quarterly Earnings Results, Beats Estimates By $0.32 EPS|
www.americanbankingnews.com - November 10 at 4:16 PM
|ArcelorMittal Stock Heads Higher on Strong Quarter, Outlook|
investorplace.com - November 10 at 12:11 PM
|ArcelorMittal reports third quarter 2017 results|
feeds.benzinga.com - November 10 at 1:23 AM
|ValuEngine Lowers ArcelorMittal (MT) to Buy|
www.americanbankingnews.com - November 9 at 10:30 PM
|EU To Investigate ArcelorMittal-Ilva Deal|
www.nasdaq.com - November 9 at 6:03 AM
|EU regulator to probe ArcelorMittal's plan to buy Ilva|
seekingalpha.com - November 9 at 6:02 AM
|ArcelorMittal (MT) Consortium to Continue Discussions with EC Regarding Proposed Acquisition of Ilva|
www.streetinsider.com - November 9 at 6:02 AM
|Key Events Steel Investors Should Watch in November|
finance.yahoo.com - November 9 at 6:02 AM
|Can ArcelorMittal’s 3Q17 Earnings Boost Steel Market Sentiments?|
finance.yahoo.com - November 9 at 6:02 AM
|ArcelorMittal Sees Unusually High Options Volume (MT)|
www.americanbankingnews.com - November 9 at 1:52 AM
|ArcelorMittal (MT) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - November 8 at 2:20 PM
|ArcelorMittal-led consortium will continue discussions with the European Commission regarding the proposed acquisition of Ilva|
feeds.benzinga.com - November 8 at 12:43 PM
|ArcelorMittal (MT) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - November 6 at 12:16 PM
|ArcelorMittal (MT) Set to Announce Earnings on Friday|
www.americanbankingnews.com - November 3 at 1:10 AM
|ArcelorMittal SA (MT) vs. Nucor (NUE) Critical Comparison|
www.americanbankingnews.com - October 29 at 3:08 AM
|Reviewing L.B. Foster (FSTR) & ArcelorMittal (MT)|
www.americanbankingnews.com - October 27 at 7:24 PM
|ArcelorMittal (MT) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - October 27 at 5:46 AM
|ArcelorMittal's (MT) "Buy" Rating Reiterated at UBS Group AG|
www.americanbankingnews.com - October 26 at 11:37 AM
|ArcelorMittal (MT) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - October 25 at 4:14 PM
|FY2017 EPS Estimates for ArcelorMittal (MT) Raised by Jefferies Group|
www.americanbankingnews.com - October 25 at 9:16 AM
|ArcelorMittal offers EU concessions over Ilva - Reuters - Reuters|
www.reuters.com - October 21 at 6:48 AM
|ArcelorMittal (MT) Raised to "Buy" at UBS AG|
www.americanbankingnews.com - October 20 at 1:46 PM
|ArcelorMittal (MT) vs. Its Rivals Head-To-Head Review|
www.americanbankingnews.com - October 20 at 10:36 AM
|ArcelorMittal offers EU concessions over Ilva|
www.reuters.com - October 20 at 6:32 AM
|Tata Steel, Thyssenkrupp will not spin off joint venture in next 2-3 years|
www.reuters.com - October 17 at 5:47 AM
|ArcelorMittal (MT) Surges: Stock Moves 8.4% Higher|
finance.yahoo.com - October 17 at 5:47 AM
|European shares climb to four-month high, boosted by Bayer|
www.reuters.com - October 14 at 5:19 AM
|Why HP, ArcelorMittal, and Sohu.com Jumped Today|
www.fool.com - October 13 at 4:49 PM
|Mid-Afternoon Market Update: Applied Optoelectronics Drops On Q3 Warning; PhaseRx Shares Surge|
feeds.benzinga.com - October 13 at 3:37 PM
|DAX on track for another record as Bayer rises on deal news|
www.marketwatch.com - October 13 at 7:07 AM
|Thyssenkrupp unions fear loss of rights in Tata deal structure|
www.reuters.com - October 7 at 6:18 AM
|ArcelorMittal (MT) Rating Lowered to Sell at Zacks Investment Research|
www.americanbankingnews.com - October 5 at 11:16 AM
|Technical Research on Steel and Iron Equities -- ArcelorMittal, Commercial Metals, Companhia Siderurgica Nacional, and Nucor|
www.bizjournals.com - October 5 at 9:32 AM
|ANALYSIS: Thyssen-Tata merger puts fate of UK's top steel plant at risk amid dismal earnings - Reuters|
www.reuters.com - October 2 at 10:38 PM
|ArcelorMittal SA (MT) Given Average Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - October 2 at 2:38 AM
|ArcelorMittal S.A.: ArcelorMittal announces US$1.0 billion three-year investment programme in Mexico|
www.finanznachrichten.de - September 30 at 9:43 AM
|ArcelorMittal to invest $1B in Mexico over three years|
seekingalpha.com - September 28 at 6:56 PM
Financials are not available for this stock.
ArcelorMittal (NYSE MT) Chart for Monday, November, 20, 2017