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
Phone352-4792-2151
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$76.03 billion
Profitability
Miscellaneous
Employees208,583
Next Earnings Date2/6/2020 (Confirmed)
OptionableOptionable
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 declared 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 yield of 0.92%. The ex-dividend date is Thursday, May 16th. View ArcelorMittal's Dividend History.
When did ArcelorMittal's stock split? How did ArcelorMittal's stock split work?
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 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 initiated a share repurchase plan on Tuesday, March 13th 2018, which permits the company to repurchase $280,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.
How were ArcelorMittal's earnings last quarter?
ArcelorMittal SA (NYSE:MT) issued its earnings results on Thursday, November, 7th. The basic materials company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.29) by $0.24. The basic materials company had revenue of $16.63 billion for the quarter, compared to the consensus estimate of $16.70 billion. ArcelorMittal had a return on equity of 4.20% and a net margin of 0.85%. The firm's revenue was down 10.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.89 earnings per share. View ArcelorMittal's Earnings History.
When is ArcelorMittal's next earnings date?
What price target have analysts set for MT?
7 Wall Street analysts have issued 1-year price objectives for ArcelorMittal's stock. Their forecasts range from $18.00 to $29.00. On average, they anticipate ArcelorMittal's stock price to reach $23.00 in the next year. This suggests a possible upside of 41.7% 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?
Press coverage about MT stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research group 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 five, with scores closest to five being the most favorable. ArcelorMittal earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for ArcelorMittal.
Are investors shorting ArcelorMittal?
ArcelorMittal saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 11,400,000 shares, an increase of 8.9% from the November 28th total of 10,470,000 shares. Based on an average trading volume of 3,040,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 1.1% of the shares of the stock are short sold. View ArcelorMittal's Current Options Chain.
Who are some of ArcelorMittal's key competitors?
Some companies that are related to ArcelorMittal include SUMITOMO CORP/S (SSUMY), POSCO (PKX), Nucor (NUE), Tenaris (TS), Steel Dynamics (STLD), Ternium (TX), APERAM/SH N Y REGISTRY SH (APEMY), Commercial Metals (CMC), Carpenter Technology (CRS), United States Steel (X), USINAS SIDERURG/S (USNZY), AK Steel (AKS), Mechel PAO (MTL), SunCoke Energy (SXC) and Timkensteel (TMST).
What other stocks do shareholders of ArcelorMittal own?
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 many different of retail and institutional investors. Top institutional investors include FNY Investment Advisers LLC (0.01%) and Wedbush Securities Inc. (0.00%).
Which major investors are selling ArcelorMittal stock?
MT stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc..
Which major investors are buying ArcelorMittal stock?
MT stock was purchased by a variety of institutional investors in the last quarter, including FNY Investment Advisers 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 $16.23.
How big of a company is ArcelorMittal?
ArcelorMittal has a market capitalization of $16.39 billion and generates $76.03 billion in revenue each year. The basic materials company earns $5.15 billion in net income (profit) each year or $5.76 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?
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 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.
