ArcelorMittal S.A. (MT)
| Market Cap | 31.10B |
| Revenue (ttm) | 53.27B |
| Net Income (ttm) | -733.00M |
| Shares Out | 974.44M |
| EPS (ttm) | 6.08 |
| PE Ratio | 5.25 |
| Forward PE | 10.30 |
| Dividend | $0.30 (0.94%) |
| Ex-Dividend Date | Jun 10, 2021 |
| Volume | 2,741,118 |
| Open | 31.88 |
| Previous Close | 31.74 |
| Day's Range | 31.48 - 32.27 |
| 52-Week Range | 13.28 - 36.58 |
| Beta | 1.88 |
| Analysts | Buy |
| Price Target | 50.26 (+57.5%) |
| Est. Earnings Date | Nov 11, 2021 |
About MT
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as 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, including bars, wire-rods, structural s...
Financial Performance
In 2020, ArcelorMittal's revenue was $53.27 billion, a decrease of -24.56% compared to the previous year's $70.62 billion. Losses were -$733.00 million, -70.13% less than in 2019.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ArcelorMittal stock is "Buy." The 12-month stock price forecast is 50.26, which is an increase of 57.46% from the latest price.
News
ArcelorMittal (MT) Gains As Market Dips: What You Should Know
ArcelorMittal (MT) closed the most recent trading day at $31.92, moving +0.57% from the previous trading session.
Here's Why ArcelorMittal (MT) is a Strong Momentum Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
5 Steel Stocks That Fit the Value Profile
Each one of the stocks on this list is trading at or below book value. These names are also trading with price-earnings ratio that are lower than the overall market.
ArcelorMittal (MT) Gains But Lags Market: What You Should Know
ArcelorMittal (MT) closed the most recent trading day at $32.13, moving +0.66% from the previous trading session.
Should Value Investors Buy These Steel Stocks?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Top Ranked Value Stocks to Buy for October 14th
GGAL, MT, and SBOW made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 14, 2021.
All You Need to Know About ArcelorMittal (MT) Rating Upgrade to Strong Buy
ArcelorMittal (MT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
ArcelorMittal (MT) Gains As Market Dips: What You Should Know
ArcelorMittal (MT) closed the most recent trading day at $30.19, moving +1.14% from the previous trading session.
Why Has ArcelorMittal Stock Seen A Double-Digit Drop In A Month?
ArcelorMittal stock has dropped more than 12% in the last one month and currently trades at $29 per share. The sharp decline in the stock was driven by the recent weakness in global steel and iron ore p...
ArcelorMittal (MT) Gains But Lags Market: What You Should Know
ArcelorMittal (MT) closed the most recent trading day at $29.02, moving +1.01% from the previous trading session.
Should Value Investors Buy ArcelorMittal (MT) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Has ArcelorMittal (MT) Outpaced Other Basic Materials Stocks This Year?
Is (MT) Outperforming Other Basic Materials Stocks This Year?
ArcelorMittal (MT) Inks Letter of Intent for Gent DRI Plant
ArcelorMittal (MT) gets backing from Belgium and Flanders governments for a Euro 1.1-billion DRI plant project in Gent, which will be a significant effort toward achieving carbon neutrality by 2050.
7 Low Price-to-Sales Stocks for Value-Focused Investors
Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like SIG, GIII, NUS, MET, MT, MOS and HIBB are promising picks.
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
We have screened bargain stocks ASO, MHO, MET, MT and NUS based on EV-to-EBITDA ratio that offers a clearer picture of valuation and earnings potential.
ArcelorMittal announces Stefan Buys to be new CEO of ArcelorMittal Mining
30 September 2021, 17 : 15 CET
ArcelorMittal signs letter of intent with the governments of Belgium and Flanders, supporting €1.1 billion investment...
ArcelorMittal Belgium will reduce CO2 emissions by 3 .9 million tonnes per year by 20 30 , by bu ilding a 2.5 million - tonne direct reduced iron (DRI) plant and two electric furnaces at its Gent site ,...
ArcelorMittal (MT) Gains As Market Dips: What You Should Know
ArcelorMittal (MT) closed at $30.42 in the latest trading session, marking a +0.6% move from the prior day.
Global Steel August Production Slips as China Deepens Curbs
Crude steel production from China tumbled 13.2% year over year to 83.2 Mt in August as Beijing stepped up measures to curb production to clean up the environment.
ArcelorMittal cancels 50 million treasury shares
22 September 2021, 17:20 CET
ArcelorMittal (MT) Dips More Than Broader Markets: What You Should Know
ArcelorMittal (MT) closed the most recent trading day at $29.14, moving -0.85% from the previous trading session.
Here's Why You Should Buy ArcelorMittal (MT) Stock Right Now
ArcelorMittal (MT) benefits from a strong rebound in end-market demand, productivity actions and higher steel prices.