ArcelorMittal S.A. (MT)

NYSE: MT · IEX Real-Time Price · USD
22.87
+0.04 (0.18%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.18%
Market Cap 18.74B
Revenue (ttm) 68.28B
Net Income (ttm) 919.00M
Shares Out 819.27M
EPS (ttm) 1.09
PE Ratio 23.39
Forward PE 6.60
Dividend $0.50 (2.19%)
Ex-Dividend Date Nov 12, 2024
Volume 911,589
Open 22.78
Previous Close 22.83
Day's Range 22.67 - 22.94
52-Week Range 21.30 - 29.15
Beta 1.80
Analysts Hold
Price Target 30.30 (+32.49%)
Earnings Date Aug 1, 2024

About MT

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the United States, Europe, and internationally. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-pr... [Read more]

Industry Steel
Sector Materials
IPO Date Aug 8, 1997
Employees 126,756
Stock Exchange NYSE
Ticker Symbol MT
Full Company Profile

Financial Performance

In 2023, ArcelorMittal's revenue was $68.28 billion, a decrease of -14.49% compared to the previous year's $79.84 billion. Earnings were $919.00 million, a decrease of -90.12%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for MT stock is "Hold." The 12-month stock price forecast is $30.3, which is an increase of 32.49% from the latest price.

Price Target
$30.3
(32.49% upside)
Analyst Consensus: Hold
Stock Forecasts

News

ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Payments to Governments in respect of Extractive Industries report

01 July 2024, 11.30 CET ArcelorMittal ('the Company') has today filed its 2023 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments ma...

1 day ago - GlobeNewsWire

Mexico steelworkers hold up 300,000 tons of steel, ArcelorMittal says

An ongoing "illegal blockade" at ArcelorMittal's western Mexico site since the end of May has now held up an estimated 300,000 metric tons of steel, the company told Reuters on Monday.

15 days ago - Reuters

Blackrock Inc. shareholding notification

12 June 2024, 18:30 CET ArcelorMittal (the ‘Company') announces that on 12 June 2024 it received a shareholding notification from BlackRock Inc.. According to this notification, the following threshol...

20 days ago - GlobeNewsWire

ArcelorMittal Announces Pricing of Bond Issue

11 June 2024, 08:00 CET ArcelorMittal (‘the Company' or ‘the Issuer') priced yesterday an offering of US$500 million aggregate principal amount of 6.00% notes due 17 June 2034 and US$500 million aggre...

21 days ago - GlobeNewsWire

ArcelorMittal Cautious Despite Earnings Beat

ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restoc...

2 months ago - WSJ

ArcelorMittal S.A.: ArcelorMittal reports first quarter 2024 results

Luxembourg, May 2 , 20 24 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated s...

2 months ago - GlobeNewsWire

ArcelorMittal announces results of its General Meeting

30 April 2024, 18:15 CET The Annual General Meeting (‘General Meeting') of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions by a strong majority. 78.47% of the voting ri...

2 months ago - GlobeNewsWire

ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2024 sell-side analyst consensus figures

25 April 2024, 14:30 CET ArcelorMittal (‘the Company') today announces the publication of its first quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts' estim...

2 months ago - GlobeNewsWire

ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Integrated Annual Review

23 April 2024, 15:00 CET Today, ArcelorMittal (‘the company') published its 2023 Integrated Annual Review (‘IAR'), which can be accessed here annualreview2023.arcelormittal.com . The 2023 IAR, ‘Prepar...

2 months ago - GlobeNewsWire

Prilenia to Present Latest Research from its Pridopidine Programs for Huntington Disease and ALS at AAN 2024

NAARDEN, Netherlands & WALTHAM, Mass.--(BUSINESS WIRE)--Prilenia Therapeutics B.V., a clinical stage biotechnology company focused on the urgent mission to develop novel therapeutics to slow the progr...

2 months ago - Business Wire

ArcelorMittal S.A.: ArcelorMittal publishes interim update on its company-wide safety audit

10 April 2024, 16:45 CET ArcelorMittal (‘the Company') announced in December 2023 that it had engaged dss+, a leading provider of sustainable operations management consulting services, to conduct a co...

2 months ago - GlobeNewsWire

ArcelorMittal launches ‘The Steel Works'

New content series features insights from ArcelorMittal's global leadership team through ‘ Steel Thoughts ' opinion column and ‘ Steel Talks ' podcast

3 months ago - GlobeNewsWire

ArcelorMittal publishes convening notice for its Annual General Meeting of shareholders

29 March 2024, 08:00 CET  ArcelorMittal (the ‘Company') announces the publication of the convening notice for its Annual General Meeting of shareholders (the ‘General Meeting'), which will be held on ...

3 months ago - GlobeNewsWire

Designated person notification

28 March 2024, 12:15 CET With reference to Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations), Arcel...

3 months ago - GlobeNewsWire

ArcelorMittal announces publication of the 2023 statutory financial statements of ArcelorMittal parent company

27 March 2024, 20:15 CET ArcelorMittal has published the statutory financial statements of ArcelorMittal parent company for the year ended 31 December 2023. These financial statements have been filed ...

3 months ago - GlobeNewsWire

ArcelorMittal publishes revised analyst model per new segmental reporting

27 March 2024, 10:30 CET As announced with ArcelorMittal's (‘the Company') fourth quarter 2023 financial results, the Company has amended its presentation of reportable segments and EBITDA. The change...

3 months ago - GlobeNewsWire

ArcelorMittal S.A.: ArcelorMittal announces Kleber Silva to be new CEO of ArcelorMittal Mining

19 March 2024, 10:00 CET ArcelorMittal, the world's leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Ex...

3 months ago - GlobeNewsWire

ArcelorMittal: Designated person notification

With reference to Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations), ArcelorMittal announces that a...

3 months ago - GlobeNewsWire

Vallourec continues to implement its strategic plan with the arrival of ArcelorMittal, new reference shareholder

Vallourec continues to implement its strategic plan with the arrival of ArcelorMittal, new reference shareholder

4 months ago - GlobeNewsWire

ArcelorMittal to buy about 28.4% stake in Vallourec

Steelmaker ArcelorMittal said on Tuesday it will acquire an about 28.4% stake in Vallourec for around 955 million euros ($1.04 billion).

4 months ago - Reuters

ArcelorMittal S.A.: ArcelorMittal acquires strategic stake in Vallourec

12 March 2024, 22:00 CET ArcelorMittal (the ‘Company') today announces that it has signed a Share Purchase Agreement to acquire 65,243,206 shares, representing c.28.4% equity interest in Vallourec, fo...

4 months ago - GlobeNewsWire

ArcelorMittal S.A.: ArcelorMittal announces the publication of its 2023 annual report

28 February 2024, 21:40 CET   ArcelorMittal has published its annual report for the year ended 31 December 2023. The report has been filed with the electronic database of the Luxembourg Stock Exchange...

4 months ago - GlobeNewsWire

ArcelorMittal S.A.: ArcelorMittal publishes its Annual Report 2023 on Form 20-F

28 February 2024, 20:55 CET ArcelorMittal has filed its Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available at http://corporate.arcelorm...

4 months ago - GlobeNewsWire

EU approves German state aid to ArcelorMittal for decarbonisation

The EU Commission on Friday said it had approved 1.3 billion euros ($1.41 billion) in German state aid for steel producer ArcelorMittal to help it decarbonise part of its production processes.

4 months ago - Reuters

Statement re Acciaierie d'Italia being placed into extraordinary administration

20 February 2024, 17:30 CET Earlier today the Italian Government announced that it has placed Acciaierie d'Italia SpA (‘ADI') into extraordinary administration subsequent to the request of Invitalia, ...

4 months ago - GlobeNewsWire