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.
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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 Date11/7/2019 (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 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 is Thursday, May 16th. View ArcelorMittal's Dividend 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.
How will ArcelorMittal's stock buyback program work?
ArcelorMittal announced that its board has approved a share repurchase plan 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 plans are generally an indication that the company's management believes its stock is undervalued.
How were ArcelorMittal's earnings last quarter?
ArcelorMittal SA (NYSE:MT) posted its earnings results on Thursday, August, 1st. The basic materials company reported $0.49 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.49. The basic materials company earned $19.28 billion during the quarter, compared to analysts' expectations of $18.90 billion. ArcelorMittal had a net margin of 2.73% and a return on equity of 8.39%. The firm's revenue was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.83 earnings per share. View ArcelorMittal's Earnings History.
When is ArcelorMittal's next earnings date?
What price target have analysts set for MT?
5 Wall Street analysts have issued 1 year price objectives for ArcelorMittal's stock. Their predictions range from $18.00 to $29.00. On average, they anticipate ArcelorMittal's stock price to reach $23.19 in the next year. This suggests a possible upside of 54.6% from the stock's current price. View Analyst Price Targets for ArcelorMittal.
What is the consensus analysts' recommendation for ArcelorMittal?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last year. There are currently 2 hold ratings and 3 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 stories about MT stock have trended somewhat negative on Wednesday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ArcelorMittal earned a news sentiment score of -1.7 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for ArcelorMittal.
Are investors shorting ArcelorMittal?
ArcelorMittal saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 7,690,000 shares, an increase of 17.8% from the August 30th total of 6,530,000 shares. Based on an average daily trading volume, of 3,250,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.8% of the shares of the company are sold short. 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), EVRAZ (EVRZF), Steel Dynamics (STLD), Ternium (TX), Carpenter Technology (CRS), Commercial Metals (CMC), APERAM/SH N Y REGISTRY SH (APEMY), United States Steel (X), USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC) and Mechel PAO (MTL).
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 a variety of of retail and institutional investors. Top institutional shareholders include Crossmark Global Holdings Inc. (0.00%), Envestnet Asset Management Inc. (0.00%), World Asset Management Inc (0.00%), Advisor Partners LLC (0.00%), Campbell & CO Investment Adviser LLC (0.00%) and Signaturefd LLC (0.00%).
Which institutional investors are selling ArcelorMittal stock?
MT stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., World Asset Management Inc and Envestnet Asset Management Inc..
Which institutional investors are buying ArcelorMittal stock?
MT stock was acquired by a variety of institutional investors in the last quarter, including Advisor Partners LLC, Campbell & CO Investment Adviser LLC and Signaturefd 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 $15.00.
How big of a company is ArcelorMittal?
ArcelorMittal has a market capitalization of $15.30 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.
