ArcelorMittal S.A. (MT)
Market Cap | 20.56B |
Revenue (ttm) | 68.28B |
Net Income (ttm) | 919.00M |
Shares Out | 819.27M |
EPS (ttm) | 1.09 |
PE Ratio | 23.10 |
Forward PE | 6.60 |
Dividend | $0.44 (1.75%) |
Ex-Dividend Date | Nov 13, 2023 |
Volume | 2,196,419 |
Open | 25.39 |
Previous Close | 25.11 |
Day's Range | 25.04 - 25.49 |
52-Week Range | 21.30 - 29.49 |
Beta | 1.88 |
Analysts | Hold |
Price Target | 31.00 (+23.48%) |
Earnings Date | May 2, 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]
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 3 analysts, the average rating for MT stock is "Hold." The 12-month stock price forecast is $31.0, which is an increase of 23.48% from the latest price.
News
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...
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...
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
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 ...
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...
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 ...
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...
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...
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...
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
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).
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...
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...
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...
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.
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, ...
ArcelorMittal Positive on Demand
ArcelorMittal posted slightly better-than-expected underlying earnings for the fourth quarter despite a negative impact from the disposal of its Kazakh operations, and said it sees improving steel dem...
ArcelorMittal S.A.: ArcelorMittal reports fourth quarter and full year 2023 results
Luxembourg, February 8 , 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 fourth quarter and full year 2023 sell-side analyst consensus figures
5 February 2024, 22:15 CET ArcelorMittal (‘the Company') today announces the publication of its fourth quarter and full year 2023 sell-side analysts' consensus figures. The consensus figures are based...
ArcelorMittal S.A.: Vestas introduces ArcelorMittal's low carbon-emissions steel offering for wind turbine
16 January 2024 A low carbon-emissions steel production partnership between Vestas and ArcelorMittal will make its first delivery of XCarb® recycled and renewably produced heavy plate steel to an offs...
ArcelorMittal engages dss+ to conduct group-wide safety audit
22 December 2023, 08:00 CET ArcelorMittal (‘the Company') today announces that it has engaged dss + , a leading provider of sustainable operations management consulting services, to conduct a company-...
Designated Person Notification
21 December 2023, 18:00 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), Ar...
Steelmaker ArcelorMittal inks Mexico natgas supply deal worth $2.7 bln
MEXICO CITY, Dec 21 (Reuters) - ArcelorMittal has renewed a contract with Mexico's state power utility CFE to be supplied with natural gas for 10 years, in a deal worth $2.7 billion, the steelmaker sa...
ArcelorMittal completes sale of ArcelorMittal Temirtau
8 December 2023, 08:40 CET ArcelorMittal (‘the Company') today announces it has completed the sale of ArcelorMittal Temirtau, its Kazakh steel and mining operation, to the Qazaqstan Investment Corpora...
ArcelorMittal S.A.: ArcelorMittal announces financial calendar for 2024
5 December 2023, 10:30 CET ArcelorMittal today announces its financial calendar for 2024. Earnings results announcements: 8 February 2024: Q4 and full year 2023 2 May 2024: Q1 2024 1 August 2024: Q2 a...