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NYSE:MT

ArcelorMittal Stock Forecast, Price & News

$13.60
-0.06 (-0.44 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$13.40
Now: $13.60
$13.70
50-Day Range
$12.09
MA: $13.62
$14.77
52-Week Range
$6.64
Now: $13.60
$18.89
Volume2.95 million shs
Average Volume4.64 million shs
Market Capitalization$13.76 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.93
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, 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. 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, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
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ArcelorMittal logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.39 out of 5 stars

Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustryN/A
CUSIPN/A
Phone352-4792-2151
Employees191,248

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$70.62 billion
Cash Flow$3.20 per share
Book Value$40.00 per share

Profitability

Net Income$-2,454,000,000.00

Miscellaneous

Outstanding Shares1,012,080,000
Market Cap$13.76 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$13.60
-0.06 (-0.44 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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ArcelorMittal (NYSE:MT) Frequently Asked Questions

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 shares have increased by 33.3% and is now trading at $13.60.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of ArcelorMittal?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for ArcelorMittal
.

When is ArcelorMittal's next earnings date?

ArcelorMittal is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for ArcelorMittal
.

How were ArcelorMittal's earnings last quarter?

ArcelorMittal (NYSE:MT) released its earnings results on Thursday, July, 30th. The basic materials company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.50) by $0.20. The basic materials company had revenue of $10.98 billion for the quarter, compared to analysts' expectations of $10.40 billion. ArcelorMittal had a negative return on equity of 4.35% and a negative net margin of 7.07%.
View ArcelorMittal's earnings history
.

When did ArcelorMittal's stock split? How did ArcelorMittal's stock split work?

ArcelorMittal's stock 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.

What price target have analysts set for MT?

13 brokers have issued 1-year price targets for ArcelorMittal's stock. Their forecasts range from $11.00 to $21.00. On average, they anticipate ArcelorMittal's share price to reach $16.33 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price.
View analysts' price targets for ArcelorMittal
.

Are investors shorting ArcelorMittal?

ArcelorMittal saw a decrease in short interest during the month of October. As of October 15th, there was short interest totaling 5,720,000 shares, a decrease of 29.1% from the September 30th total of 8,070,000 shares. Based on an average daily volume of 3,810,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.6% of the company's shares are sold short.
View ArcelorMittal's Short Interest
.

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), Canopy Growth (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).

Who are ArcelorMittal's key executives?

ArcelorMittal's management team includes the following people:
  • Mr. Lakshmi Nivas Mittal B.Com., Chairman & CEO (Age 70, Pay $4.81M)
  • Mr. Aditya Mittal, Pres, CFO & Director (Age 43)
  • Mr. Daniel Fairclough, Head of Investor Relations & VP of Corp. Fin.
  • Mr. Brian Edward Aranha, EVP, Head of Strategy & CTO of R&D, CCM, Global Automotive, Communications & Corp.. Responsibility (Age 64)
  • Mr. Henk Scheffer, Group Compliance, Data Protection Officer & Company Sec. (Age 57)
  • Paul Weigh, Head of Media Relations
  • Mr. Bart Wille, Exec. VP & Head of HR (Age 58)
  • Mr. Augustine Kochuparampil, VP & CEO of Long Products Europe (Age 68)
  • Dr. Gregory Ludkovsky, Head of Global R&D and VP (Age 70)
  • Mr. Vijaj Krishna Goyal, VP & CEO of Arcelormittal Downstream Solutions

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 a number of institutional and retail investors. Top institutional investors include BNP Paribas Arbitrage SA (0.02%), FNY Investment Advisers LLC (0.01%), Envestnet Asset Management Inc. (0.01%), Crossmark Global Holdings Inc. (0.00%), Parallel Advisors LLC (0.00%) and NEXT Financial Group 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 Envestnet Asset Management Inc., and Crossmark Global Holdings Inc..

Which major investors are buying ArcelorMittal stock?

MT stock was bought by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, BNP Paribas Arbitrage SA, NEXT Financial Group Inc, and Parallel Advisors 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 $13.60.

How big of a company is ArcelorMittal?

ArcelorMittal has a market capitalization of $13.76 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 191,248 workers across the globe.

What is ArcelorMittal's official website?

The official website for ArcelorMittal is www.arcelormittal.com.

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 10/31/2020 by MarketBeat.com Staff

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