ArcelorMittal S.A. (MT)
Market Cap | 20.68B |
Revenue (ttm) | 79.84B |
Net Income (ttm) | 9.30B |
Shares Out | 837.84M |
EPS (ttm) | 5.13 |
PE Ratio | 4.88 |
Forward PE | 4.53 |
Dividend | $0.22 (0.89%) |
Ex-Dividend Date | Nov 13, 2023 |
Volume | 1,659,198 |
Open | 24.93 |
Previous Close | 25.03 |
Day's Range | 24.54 - 25.06 |
52-Week Range | 20.26 - 32.49 |
Beta | 1.93 |
Analysts | Strong Buy |
Price Target | 38.00 (+53.97%) |
Earnings Date | Nov 9, 2023 |
About MT
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. 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-products; ... [Read more]
Financial Performance
In 2022, ArcelorMittal's revenue was $79.84 billion, an increase of 4.27% compared to the previous year's $76.57 billion. Earnings were $9.30 billion, a decrease of -37.80%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for MT stock is "Strong Buy." The 12-month stock price forecast is $38.0, which is an increase of 53.97% from the latest price.
News

What's New With ArcelorMittal Stock?
ArcelorMittal has declined by about 3% this year, underperforming the broader indices amid mixed performance of the steel sector.

ArcelorMittal S.A.: Blackrock Inc. shareholding notification
2 5 August 202 3 , 13:00 CET

Steel union head calls ArcelorMittal bid for US Steel 'foolish'
United Steel Workers (USW) International President Tom Conway on Wednesday called ArcelorMittal's bid consideration for U.S. Steel "foolish" and said the union wouldn't endorse any buyers other than C...

U.S. Steel Stock Is Surging. Another Bidder Could Appear.
Reuters reported Wednesday that ArcelorMittal was considering a bid for United States Steel. That has U.S. Steel shares on the move.

ArcelorMittal mulling over bid for U.S. Steel: report
ArcelorMittal SA MT is considering a potential offer for U.S. Steel Corp. X, Reuters reported Wednesday citing people familiar with the matter. That would be a third proposal for U.S. Steel, which has...

Exclusive: ArcelorMittal weighs possible bid for US Steel -sources
ArcelorMittal SA , the world's second-largest steelmaker, is considering a potential offer for U.S. Steel Corp , people familiar with the matter said on Wednesday.

ArcelorMittal S.A.: ArcelorMittal announces publication of its 2023 half-year report
2 8 July 202 3 , 16 :45 CET

ArcelorMittal reports second quarter 2023 and half year 2023 results
Luxembourg, Ju ly 27, 20 23 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mini...

CHAR Technologies Investor “Fireside Chat” with ArcelorMittal on July 19th: Strategic Partnership Discussion
TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to invite investors and other interested pa...

ArcelorMittal announces the publication of its second quarter 2023 sell-side analyst consensus figures
18 July 20 2 3 , 12 :00 CET

ArcelorMittal launches XCarb™ Innovation Fund Accelerator Programme for breakthrough climate tech start-ups in India
ArcelorMittal together with the Indian Institute of Technology Madras (IIT Madras) will identify, support and mentor start-ups focused on the most promising industrial decarbonisation technologies in ...

CHAR Technologies Announces C$6.6M Strategic Investment by ArcelorMittal and Annual Biocarbon Purchase Agreement
TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is thrilled to announce that the Company has closed a ...

ArcelorMittal announces results of its XCarb™ Innovation Fund Accelerator Programme and invests $5 million in CHAR Technologies
Strategic partnerships established with runners up Carbon Upcycling and D-CRBN

ArcelorMittal S.A.: ArcelorMittal publishes its 2022 Payments to Governments in respect of Extractive Industries report
29 June 202 3 , 18 :00 CET ArcelorMittal ('the Company') has today filed its 2022 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments...

ArcelorMittal and John Cockerill announce plans to develop world's first industrial scale low temperature, iron electrolysis plant
Vol teron ™ plant targeted to start-up in 2027

Mandatory conversion of ArcelorMittal outstanding 5.50% mandatorily convertible subordinated notes due 18 May 2023
19 May 2023, 18:45 CET ArcelorMittal (‘the Company') announces that upon mandatory conversion of the 24,290,025 outstanding 5.50% Mandatorily Convertible Subordinated Notes due 18 May 2023, it deliver...

ArcelorMittal announces the commencement of a new share buyback program of 85 million shares for 2023-2025
5 May 20 2 3 , 12:00 CET

ArcelorMittal first quarter sales down 15% to $18.5 billion.
ArcelorMittal MT, +1.12% said Thursday that its first-quarter sales and earnings declined, but still exceeded analysts' expectations as market conditions showed improvement.

ArcelorMittal announces results of its General Meetings
2 May 202 3 , 15:15 CET

ArcelorMittal cancels 25 million treasury shares
28 April 202 3 , 1 7 : 30 CET

Correction: ArcelorMittal S.A.: Blackrock Inc. shareholding notification
27 April 202 3 , 20 :05 CET * correction

ArcelorMittal S.A.: Blackrock Inc. shareholding notification
26 April 202 3 , 16 :05 CET

ArcelorMittal S.A.: ArcelorMittal publishes 2022 Integrated Annual Review
26 April 2023, 14:30 CET ArcelorMittal (‘the Company') has today published its 2022 integrated annual review. The review, which can be accessed here - annualreview2022.arcelormittal.com - underpins th...

ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2023 sell-side analyst consensus figures
2 5 April 20 2 3 , 12:30 CET

ArcelorMittal S.A.: ArcelorMittal establishes renewable energy JV with Casa dos Ventos in Brazil
JV to construct a 554MW wind power project 18 April 202 3 , 0 8 : 00 CET ArcelorMittal (‘the Company') today announces that its Brazilian entity, ArcelorMittal Brazil, will form a joint venture partne...