NYSE:MT ArcelorMittal - MT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding ArcelorMittal S.A. Please log in to your account or sign up in order to add this asset to your watchlist. $31.32 -0.60 (-1.88%) (As of 01/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$31.29▼$31.7150-Day Range$25.35▼$32.2552-Week Range$19.25▼$34.59Volume1.83 million shsAverage Volume2.30 million shsMarket Capitalization$29.37 billionP/E Ratio2.31Dividend Yield1.01%Price Target$32.94 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ArcelorMittal MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside5.2% Upside$32.94 Price TargetShort InterestHealthy0.43% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth-77.33%From $10.28 to $2.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.93 out of 5 starsBasic Materials Sector108th out of 160 stocksBlast Furnaces & Steel Mills Industry8th out of 14 stocks 1.0 Analyst's Opinion Consensus RatingArcelorMittal has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.94, ArcelorMittal has a forecasted upside of 5.2% from its current price of $31.32.Amount of Analyst CoverageArcelorMittal has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.43% of the float of ArcelorMittal has been sold short.Short Interest Ratio / Days to CoverArcelorMittal has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ArcelorMittal has recently decreased by 7.22%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldArcelorMittal pays a meaningful dividend of 1.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthArcelorMittal has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of ArcelorMittal is 2.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ArcelorMittal will have a dividend payout ratio of 13.73% next year. This indicates that ArcelorMittal will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MT. Previous Next 3.1 News and Social Media Coverage News SentimentArcelorMittal has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.36 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 12 news articles for ArcelorMittal this week, compared to 4 articles on an average week.Search Interest10 people have searched for MT on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added ArcelorMittal to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ArcelorMittal insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.06% of the stock of ArcelorMittal is held by insiders.Percentage Held by InstitutionsOnly 5.40% of the stock of ArcelorMittal is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for ArcelorMittal are expected to decrease by -77.33% in the coming year, from $10.28 to $2.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ArcelorMittal is 2.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.28.Price to Earnings Ratio vs. SectorThe P/E ratio of ArcelorMittal is 2.31, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 83.46.Price to Book Value per Share RatioArcelorMittal has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ArcelorMittal (NYSE:MT) StockArcelorMittal SA is a holding company, which engages in steelmaking and mining activities. It operates through the following business segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), Mining, and Others. The NAFTA segment consists of flat products such as slabs, hot-rolled coil, cold-rolled coil, coated steel, and plate. The Brazil segment covers wire rod, bar and rebars, billets, blooms, and wire drawing. The Europe segment offers hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. The ACIS segment produces a combination of flat, long, and tubular products. The Mining segment focuses on steel operations. The company was founded by Lakshmi Niwas Mittal in 1976 and is headquartered in Luxembourg.Read More Receive MT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ArcelorMittal and its competitors with MarketBeat's FREE daily newsletter. Email Address MT Stock News HeadlinesJanuary 19, 2023 | marketbeat.comHigh-Dividend-Yielding BHP Sees China Driving '23 Growth (MT)On Thursday, Mining giant BHP reported its operational review for the first half of fiscal 2023. It said China’s reopening will stabilize commodity demand.January 29, 2023 | americanbankingnews.comArcelorMittal S.A. Expected to Earn FY2023 Earnings of $3.00 Per Share (NYSE:MT)January 30, 2023 | Investing Trends (Ad)"We need batteries. Literally everywhere."Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense." January 27, 2023 | finance.yahoo.comArcelorMittal announces the publication of its fourth quarter 2022 sell-side analyst consensus figuresJanuary 27, 2023 | finance.yahoo.comArcelorMittal S.A.: ArcelorMittal invests $36 million in steel decarbonisation disruptor Boston MetalJanuary 27, 2023 | finance.yahoo.comArcelorMittal leads $120 mln funding for green steel tech firmJanuary 27, 2023 | finance.yahoo.comArcelorMittal leads $120 million funding for green steel tech firmJanuary 26, 2023 | finance.yahoo.comCalculating The Intrinsic Value Of ArcelorMittal S.A. (AMS:MT)January 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 20, 2023 | americanbankingnews.comArcelorMittal (NYSE:MT) Cut to Sell at UBS GroupJanuary 20, 2023 | americanbankingnews.comArcelorMittal (NYSE:MT) Cut to "Sell" at UBS GroupJanuary 19, 2023 | finance.yahoo.comThis Steel Maker Is Looking to Defy a Recession. That Could Drive the Stock Higher.January 17, 2023 | seekingalpha.comArcelorMittal Should Rebound Post Destocking Cycle PeakJanuary 6, 2023 | finance.yahoo.comArcelorMittal: A Tale of (at Least) Two ChartsDecember 29, 2022 | finance.yahoo.comArcelorMittal S.A. (NYSE:MT) Q3 2022 Earnings Call TranscriptDecember 25, 2022 | fool.comArcelorMittal (NYSE: MT)December 24, 2022 | finance.yahoo.comInvesting in ArcelorMittal South Africa (JSE:ACL) three years ago would have delivered you a 292% gainDecember 22, 2022 | finance.yahoo.comDestroyed Ukrainian Energy Grids Impact Steel ProductionDecember 19, 2022 | finance.yahoo.com13 Best Materials Stocks To Invest InDecember 10, 2022 | finance.yahoo.comInvesting in ArcelorMittal (AMS:MT) three years ago would have delivered you a 63% gainDecember 9, 2022 | finance.yahoo.comArcelorMittal Stock Hits 80-Plus Relative Strength Rating BenchmarkDecember 8, 2022 | finance.yahoo.comArcelorMittal S.A.: ArcelorMittal inaugurates flagship carbon capture and utilisation project at its steel plant in Ghent, BelgiumDecember 2, 2022 | finance.yahoo.comArcelorMittal S.A.: ArcelorMittal announces financial calendar for 2023November 28, 2022 | finance.yahoo.comArcelorMittal Nippon Steel's India Renewables EffortNovember 27, 2022 | msn.comArcelorMittal plant in Ukraine aims to resume production as soon as possibleNovember 27, 2022 | finance.yahoo.comIndividual investors own 16% of ArcelorMittal South Africa Ltd (JSE:ACL) shares but public companies control 69% of the companyNovember 22, 2022 | finance.yahoo.comArcelorMittal Announces Pricing of Bond IssueSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ArcelorMittal and its competitors with MarketBeat's FREE daily newsletter. Email Address MT Company Calendar Last Earnings11/10/2022Today1/30/2023Next Earnings (Confirmed)2/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Blast furnaces & steel mills Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:MT CUSIPN/A CIK1243429 Webwww.arcelormittal.com Phone35247921Fax352-4792-2235Employees157,909Year Founded2006Price Target and Rating Average Stock Price Forecast$32.94 High Stock Price Forecast$50.00 Low Stock Price Forecast$20.70 Forecasted Upside/Downside+5.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$13.54 Trailing P/E Ratio2.31 Forward P/E Ratio3.05 P/E GrowthN/ANet Income$14.96 billion Net Margins15.62% Pretax Margin18.92% Return on Equity24.32% Return on Assets14.09% Debt Debt-to-Equity Ratio0.12 Current Ratio1.62 Quick Ratio0.70 Sales & Book Value Annual Sales$76.57 billion Price / Sales0.38 Cash Flow$18.21 per share Price / Cash Flow1.72 Book Value$54.75 per share Price / Book0.57Miscellaneous Outstanding Shares937,810,000Free Float937,247,000Market Cap$29.37 billion OptionableOptionable Beta1.89 Social Links Key ExecutivesAditya MittalChief Executive Officer & DirectorGenuino M. ChristinoChief Financial Officer & Executive Vice PresidentPinakin ChaubalChief Technology OfficerHenk SchefferSecretary & Group Compliance OfficerJohn L. BrettCEO-ArcelorMittal North America & Executive VPKey CompetitorsSteel DynamicsNASDAQ:STLDNucorNYSE:NUEPOSCONYSE:PKXTerniumNYSE:TXFranco-NevadaNYSE:FNVView All CompetitorsInsiders & InstitutionsSignaturefd LLCBought 4,146 shares on 1/30/2023Ownership: 0.002%Natixis Advisors L.P.Sold 9,286 shares on 1/27/2023Ownership: 0.004%Whittier Trust Co. of Nevada Inc.Bought 1,306 shares on 1/25/2023Ownership: 0.000%Veriti Management LLCSold 940 shares on 1/20/2023Ownership: 0.002%Ritholtz Wealth ManagementBought 2,100 shares on 1/19/2023Ownership: 0.004%View All Institutional Transactions MT Stock - Frequently Asked Questions Should I buy or sell ArcelorMittal stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MT, but not buy additional shares or sell existing shares. View MT analyst ratings or view top-rated stocks. What is ArcelorMittal's stock price forecast for 2023? 6 Wall Street analysts have issued 12-month target prices for ArcelorMittal's stock. Their MT share price forecasts range from $20.70 to $50.00. On average, they anticipate the company's share price to reach $32.94 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View analysts price targets for MT or view top-rated stocks among Wall Street analysts. How have MT shares performed in 2023? ArcelorMittal's stock was trading at $26.22 at the beginning of 2023. Since then, MT shares have increased by 19.8% and is now trading at $31.41. View the best growth stocks for 2023 here. When is ArcelorMittal's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023. View our MT earnings forecast. How were ArcelorMittal's earnings last quarter? ArcelorMittal S.A. (NYSE:MT) announced its earnings results on Thursday, November, 10th. The basic materials company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.28. The basic materials company had revenue of $18.98 billion for the quarter, compared to the consensus estimate of $17.22 billion. ArcelorMittal had a trailing twelve-month return on equity of 24.32% and a net margin of 15.62%. 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 the stock's previous annual dividend of $0.30. Read our dividend analysis for MT. Is ArcelorMittal a good dividend stock? ArcelorMittal (NYSE:MT) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.01%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 2.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MT will have a dividend payout ratio of 13.73% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MT. When did ArcelorMittal's stock split? ArcelorMittal shares reverse split 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 stock prior to the reverse split would have 33 shares after the split. What is Lourenco Goncalves' approval rating as ArcelorMittal's CEO? 1 employees have rated ArcelorMittal Chief Executive Officer Lourenco Goncalves on Glassdoor.com. Lourenco Goncalves has an approval rating of 100% among the company'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), 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 shareholders include Natixis Advisors L.P. (0.00%), Ritholtz Wealth Management (0.00%), Crossmark Global Holdings Inc. (0.00%), Signaturefd LLC (0.00%), Veriti Management LLC (0.00%) and Gallacher Capital Management LLC (0.00%). View institutional ownership trends. How do I buy shares of ArcelorMittal? Shares of MT stock 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 $31.41. How much money does ArcelorMittal make? ArcelorMittal (NYSE:MT) has a market capitalization of $29.46 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 $13.54 on an earnings per share basis. How many employees does ArcelorMittal have? The company employs 157,909 workers across the globe. How can I contact ArcelorMittal? ArcelorMittal's mailing address is 24-26 Boulevard d'Avranches, Luxembourg N4, 1160. The official website for the company is www.arcelormittal.com. The basic materials company can be reached via phone at 35247921, via email at investor.relations@arcelormittal.com, or via fax at 352-4792-2235. This page (NYSE:MT) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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