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NYSE:MT - ArcelorMittal Stock Price, Forecast & News

$15.06
-1.17 (-7.21 %)
(As of 02/25/2020 04:53 AM ET)
Today's Range
$14.88
Now: $15.06
$15.23
50-Day Range
$14.66
MA: $16.39
$18.00
52-Week Range
$12.53
Now: $15.06
$24.19
Volume3.93 million shs
Average Volume3.06 million shs
Market Capitalization$15.21 billion
P/E RatioN/A
Dividend Yield1.05%
Beta2.48
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. It operates through five segments: NAFTA, Brazil, Europe, ACIS, and Mining. The company produces finished and semi-finished steel products with various specifications. Its principal steel products include semi-finished flat products; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and 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. Read More…

Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone352-4792-2151

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$70.62 billion
Cash Flow$4.86 per share
Book Value$40.08 per share

Profitability

Net Income$-2,454,000,000.00

Miscellaneous

Employees208,583
Outstanding Shares1,010,000,000
Market Cap$15.21 billion
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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ArcelorMittal (NYSE:MT) Frequently Asked Questions

What is ArcelorMittal's stock symbol?

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

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

ArcelorMittal announced an annual dividend on Wednesday, March 13th. Investors of record on Friday, May 17th will be paid a dividend of $0.20 per share on Thursday, June 13th. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, May 16th. View ArcelorMittal's Dividend History.

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 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.

How will ArcelorMittal's stock buyback program work?

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

How were ArcelorMittal's earnings last quarter?

ArcelorMittal SA (NYSE:MT) released its quarterly earnings results on Thursday, November, 7th. The basic materials company reported ($0.53) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.29) by $0.24. The basic materials company earned $16.63 billion during the quarter, compared to the consensus estimate of $16.70 billion. ArcelorMittal had a negative net margin of 3.48% and a positive return on equity of 0.63%. ArcelorMittal's revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.89 earnings per share. View ArcelorMittal's Earnings History.

When is ArcelorMittal's next earnings date?

ArcelorMittal is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for ArcelorMittal.

What price target have analysts set for MT?

7 equities research analysts have issued twelve-month target prices for ArcelorMittal's shares. Their forecasts range from $18.00 to $29.00. On average, they anticipate ArcelorMittal's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View Analyst Price Targets for ArcelorMittal.

What is the consensus analysts' recommendation for ArcelorMittal?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ArcelorMittal.

Has ArcelorMittal been receiving favorable news coverage?

News headlines about MT stock have trended neutral this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ArcelorMittal earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for ArcelorMittal.

Are investors shorting ArcelorMittal?

ArcelorMittal saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 10,660,000 shares, a drop of 6.2% from the January 15th total of 11,360,000 shares. Based on an average daily trading volume, of 2,660,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 1.1% of the company's stock are sold short. View ArcelorMittal's Current Options Chain.

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 Canopy Growth (CGC), AT&T (T), Micron Technology (MU), Ford Motor (F), Energy Transfer LP Unit (ET), Bank of America (BAC), General Electric (GE), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Intel (INTC).

Who are ArcelorMittal's key executives?

ArcelorMittal's management team includes the folowing people:
  • Mr. Lakshmi Nivas Mittal B.Com., Chairman & CEO (Age 69)
  • Mr. Aditya Mittal, Pres & Group CFO (Age 42)
  • Mr. Daniel Fairclough, Head of Investor Relations & VP of Corp. Fin.
  • David Clarke, CTO, Head of Corp. Strategy & VP (Age 54)
  • Paul Weigh, Head of Media Relations

Who are ArcelorMittal's major shareholders?

ArcelorMittal's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (0.75%), Scopus Asset Management L.P. (0.17%), Goldman Sachs Group Inc. (0.08%), Point72 Asset Management L.P. (0.07%), FMR LLC (0.03%) and Credit Suisse AG (0.02%).

Which institutional investors are selling ArcelorMittal stock?

MT stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., UBS Group AG, Credit Suisse AG, FMR LLC, Connor Clark & Lunn Investment Management Ltd., SG Americas Securities LLC, Jefferies Group LLC and Wedbush Securities Inc..

Which institutional investors are buying ArcelorMittal stock?

MT stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Scopus Asset Management L.P., Point72 Asset Management L.P., Anchor Bolt Capital LP, Jane Street Group LLC, FNY Investment Advisers LLC, Oxford Asset Management LLP and CoreCommodity Management LLC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is ArcelorMittal's stock price today?

One share of MT stock can currently be purchased for approximately $15.06.

How big of a company is ArcelorMittal?

ArcelorMittal has a market capitalization of $15.21 billion and generates $70.62 billion in revenue each year. The basic materials company earns $-2,454,000,000.00 in net income (profit) each year or $0.30 on an earnings per share basis. ArcelorMittal employs 208,583 workers across the globe.View Additional Information About ArcelorMittal.

What is ArcelorMittal's official website?

The official website for ArcelorMittal is http://www.arcelormittal.com/.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  726 (Vote Outperform)
Underperform Votes:  879 (Vote Underperform)
Total Votes:  1,605
MarketBeat's community ratings are surveys of what our community members think about ArcelorMittal and other stocks. Vote "Outperform" if you believe MT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/25/2020 by MarketBeat.com Staff

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