NYSE:MT - ArcelorMittal Stock Price, Price Target & More

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

ArcelorMittal announced a quarterly dividend on Friday, March 16th. Investors of record on Friday, May 18th will be paid a dividend of $0.10 per share on Wednesday, June 13th. This represents a $0.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, May 17th. View ArcelorMittal's Dividend History.

ArcelorMittal shares reverse split on the morning of 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.

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

ArcelorMittal SA (NYSE:MT) issued its quarterly earnings data on Friday, May, 11th. The basic materials company reported $1.17 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.99 by $0.18. The basic materials company earned $19.19 billion during the quarter, compared to analysts' expectations of $19.38 billion. ArcelorMittal had a return on equity of 11.85% and a net margin of 6.63%. View ArcelorMittal's Earnings History.

ArcelorMittal is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for ArcelorMittal.

10 Wall Street analysts have issued 1 year target prices for ArcelorMittal's stock. Their predictions range from $32.00 to $42.00. On average, they anticipate ArcelorMittal's share price to reach $37.3333 in the next year. View Analyst Ratings for ArcelorMittal.

Some companies that are related to ArcelorMittal include POSCO (PKX), SUMITOMO Corp/S (SSUMY), Nucor (NUE), Tenaris (TS), Steel Dynamics (STLD), EVRAZ (EVRZF), Ternium (TX), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), Commercial Metals (CMC), Carpenter Technology (CRS), AK Steel (AKS), USINAS SIDERURG/S (USNZY), SunCoke Energy (SXC) and Timkensteel (TMST).

Headlines about MT stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ArcelorMittal earned a news impact score of 0.16 on Accern's scale. They also gave media coverage about the basic materials company an impact score of 43.76 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

ArcelorMittal's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (0.24%), Northern Trust Corp (0.10%), Russell Investments Group Ltd. (0.05%), Alpine Woods Capital Investors LLC (0.05%), Wells Fargo & Company MN (0.04%) and Van ECK Associates Corp (0.02%). View Institutional Ownership Trends for ArcelorMittal.

MT stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Alpine Woods Capital Investors LLC, Northern Trust Corp, BlackRock Inc., ING Groep NV, Daiwa Securities Group Inc., Profund Advisors LLC and Bayesian Capital Management LP. View Insider Buying and Selling for ArcelorMittal.

MT stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., US Bancorp DE, SG Americas Securities LLC, Aperio Group LLC, Element Capital Management LLC, Van ECK Associates Corp, Global X Management Co. LLC and Brookfield Asset Management Inc.. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of MT stock can currently be purchased for approximately $32.84.

ArcelorMittal has a market capitalization of $33.17 billion and generates $68.68 billion in revenue each year. The basic materials company earns $4.57 billion in net income (profit) each year or $5.34 on an earnings per share basis. ArcelorMittal employs 197,108 workers across the globe.

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]