NYSE:MT

ArcelorMittal Stock Forecast, Price & News

$35.24
+0.11 (+0.31 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$34.70
$35.43
50-Day Range
$28.42
$35.13
52-Week Range
$10.89
$35.45
Volume3.41 million shs
Average Volume5.06 million shs
Market Capitalization$35.67 billion
P/E Ratio15.87
Dividend Yield0.71%
Beta2.07
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ArcelorMittal logo

About ArcelorMittal

ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as 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, such as 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. Its principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. The company 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. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, and Ukraine; and coal mining activities in Kazakhstan. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.

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MarketRank

Overall MarketRank

1.67 out of 5 stars

Basic Materials Sector

214th out of 919 stocks

Blast Furnaces & Steel Mills Industry

8th out of 24 stocks

Analyst Opinion: 2.5Community Rank: 3.2Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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ArcelorMittal (NYSE:MT) Frequently Asked Questions

Is ArcelorMittal a buy right now?

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.
View analyst ratings for ArcelorMittal
or view top-rated stocks.

What stocks does MarketBeat like better than ArcelorMittal?

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.
View MarketBeat's top stock picks here.

Are investors shorting ArcelorMittal?

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.
View ArcelorMittal's Short Interest
.

When is ArcelorMittal's next earnings date?

ArcelorMittal is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for ArcelorMittal
.

How were ArcelorMittal's earnings last quarter?

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
.

How has ArcelorMittal's stock been impacted by Coronavirus (COVID-19)?

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.
View which stocks have been most impacted by COVID-19
.

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

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
.

Is ArcelorMittal a good dividend stock?

ArcelorMittal pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.71%.
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?

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.
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 71, Pay $1.42M)
  • Mr. Aditya Mittal, CEO & Director (Age 44, Pay $2.38M)
  • Mr. Genuino Jose Magalhaes Christino, Exec. VP & CFO (Age 49)
  • Mr. Daniel Fairclough, Head of Investor Relations & VP of Corp. Fin.
  • Mr. Henk Scheffer, Group Compliance, Data Protection Officer & Company Sec. (Age 58)
  • Ms. Nicola Davidson, VP and Head of Corp. Communications & Corp. Responsibility
  • Mr. Bart Wille, Exec. VP & Head of HR (Age 59)
  • Mr. Augustine Kochuparampil, VP & CEO of Long Products Europe (Age 69)
  • Dr. Gregory Ludkovsky, VP and CEO of Global R&D (Age 71)
  • Mr. Vijaj Krishna Goyal, VP & CEO of ArcelorMittal CIS

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.

Who are some of ArcelorMittal's key competitors?

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 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
.

Which institutional investors are selling ArcelorMittal stock?

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.

Which institutional investors are buying ArcelorMittal stock?

MT stock was acquired by a variety of institutional investors in the last quarter, including Symmetry Investments LP.
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 $35.24.

How much money does ArcelorMittal make?

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.

How many employees does ArcelorMittal have?

ArcelorMittal employs 167,743 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.

Where are ArcelorMittal's headquarters?

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

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 352-4792-2151 or via email at [email protected]


This page was last updated on 7/30/2021 by MarketBeat.com Staff
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