ArcelorMittal S.A. (MT)
| Market Cap | 17.66B |
| Revenue (ttm) | 62.28B |
| Net Income (ttm) | -1.24B |
| Shares Out | 778.00M |
| EPS (ttm) | -1.54 |
| PE Ratio | n/a |
| Forward PE | 6.78 |
| Dividend | $0.50 (2.23%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 2,713,858 |
| Open | 22.45 |
| Previous Close | 22.29 |
| Day's Range | 22.34 - 22.51 |
| 52-Week Range | 20.52 - 28.95 |
| Beta | 1.74 |
| Analysts | Buy |
| Price Target | 30.30 (+35.03%) |
| Earnings Date | Feb 6, 2025 |
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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for MT stock is "Buy." The 12-month stock price forecast is $30.3, which is an increase of 35.03% from the latest price.
News
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 n...
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ArcelorMittal's South Africa Business to Wind Down Long-Steel Production
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the company.
ArcelorMittal: My 2025 Industrial Pick As European Production Wakes Up
ArcelorMittal is poised for recovery in 2025, driven by improved steel prices, a European market rebound, and strategic M&A activities. Despite 2024 challenges, MT's strong cash position, lower debt, ...
ArcelorMittal Stock Could Double And Touch $70
Is ArcelorMittal pricey at six times forward earnings in the coming years? Not at all.
ArcelorMittal Announces Pricing of Bond Issue
ArcelorMittal priced yesterday an offering of €500,000,000 3.125 per cent notes due 13 December 2028 (the “2028 Notes”) and €500,000,000 3.500 per cent notes due 13 December 2031 (the “2031 Notes” and...
ArcelorMittal announces financial calendar for 2025
ArcelorMittal today announces its financial calendar for 2025. Earnings results announcements: 6 February 2025: Q4 and full year 2024 2 May 2025: Q1 2025 31 July 2025: Q2 and half year 2025 6 November...
ArcelorMittal delays green transition plans blaming lack of EU support
ArcelorMittal, the world's second largest steelmaker, said it would be delaying plans to replace its coal fired blast furnaces with hydrogen powered facilities, citing a lack of EU support
ArcelorMittal provides update on its European decarbonization plans
26 November 2024, 08:30 CET ArcelorMittal is today providing an update on its decarbonization plans in Europe. The Company has previously announced the intention to invest in lower carbon emissions “h...
ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound
ArcelorMittal, a global steel producer, is strategically exiting challenging markets and investing in high-value assets, despite an 11.6% YTD stock decline. Q3 2024 results showed revenue fell 8.5% Yo...
South African labour union to strike at ArcelorMittal over job cuts
South Africa's metal workers' union said it will go on strike at ArcelorMittal South Africa Ltd on Thursday to protest job cuts that have impacted 107 workers.
ArcelorMittal S.A. (MT) Q3 2024 Earnings Call Transcript
ArcelorMittal S.A. (NYSE:MT) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Daniel Fairclough – Investor Relations Genuino Christino – Group Chief Financial Officer...
ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results
Luxembourg, November 7 , 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 integra...
ArcelorMittal announces the publication of its third quarter 2024 sell-side analyst consensus figures
ArcelorMittal (‘the Company') today announces the publication of its third quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts' estimates recorded on an exter...
VELUX Group signs long-term agreement with ArcelorMittal to supply low carbon-emission steel
The VELUX Group has entered a 10-year agreement with ArcelorMittal concerning the supply of recycled and renewably produced steel.
Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal
ArcelorMittal said it would take on Nippon Steel's 50% stake in the joint venture if the Japanese steelmaker managed to acquire U.S. Steel.
Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed
Nippon Steel said on Friday it will sell its entire 50% stake in the joint venture steel plant in Calvert, Alabama, with ArcelorMittal if the top Japanese steelmaker's buyout bid for United States Ste...
Nippon Steel agrees to sell its interest in Calvert to ArcelorMittal, at the request of NSC pursuant to its agreed acquisition of US Steel
11 October 2024, 08:30 CET ArcelorMittal (the “Company”, “Group”) announces it has entered into a definitive Equity Purchase Agreement (the “Agreement”) with Nippon Steel Corporation (“NSC”) pursuant ...
ArcelorMittal announces recommendations from dss+ workplace safety audit
9 October 2024, 08:00 CET ArcelorMittal (the 'Company' or the 'Group') has today published the recommendations of the comprehensive dss+ workplace safety audit that was commissioned at the end of 2023...
On the 20th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for a firm action plan for steel
30th September 2024, 15:45 CET On the occasion of the 20 th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for European Union support for emergency trade meas...
Top 4 Materials Stocks That May Implode In Q3
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Utility Global Raises $53 Million of Ongoing Series C Financing
HOUSTON--(BUSINESS WIRE)--Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, today announced that it has r...
ArcelorMittal's XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
ArcelorMittal's XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
ArcelorMittal holds investor day in India
Event highlights India's position as world's fastest growing steel market and AM/NS India's vision to become the benchmark for quality, scale and sustainability in Indian steelmaking
ArcelorMittal's India JV seeks duty-free LNG imports, letter shows
ArcelorMittal's India joint venture has called on New Delhi to remove the import tax on liquefied natural gas (LNG) for steelmaking to help the company cut its production costs and meet decarbonisatio...