ArcelorMittal S.A. (MT)

NYSE: MT · IEX Real-Time Price · USD
24.68
-0.35 (-1.40%)
Oct 2, 2023, 4:00 PM EDT - Market closed
-1.4%
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]

Industry Steel
Sector Materials
IPO Date Aug 8, 1997
Employees 154,352
Stock Exchange NYSE
Ticker Symbol MT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$38.0
(53.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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.

12 days ago - Forbes

ArcelorMittal S.A.:   Blackrock Inc. shareholding notification

2 5 August 202 3 , 13:00 CET

5 weeks ago - GlobeNewsWire

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...

Other symbols: X
6 weeks ago - Reuters

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.

Other symbols: X
6 weeks ago - Barrons

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...

Other symbols: X
6 weeks ago - Market Watch

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.

Other symbols: X
6 weeks ago - Reuters

ArcelorMittal S.A.: ArcelorMittal announces publication of its 2023 half-year report

2 8 July 202 3 , 16 :45  CET

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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.

5 months ago - Market Watch

ArcelorMittal announces results of its General Meetings

2 May 202 3 , 15:15 CET

5 months ago - GlobeNewsWire

ArcelorMittal cancels 25 million treasury shares

28 April 202 3 , 1 7 : 30 CET

5 months ago - GlobeNewsWire

Correction: ArcelorMittal S.A.: Blackrock Inc. shareholding notification

27 April 202 3 , 20 :05  CET * correction

5 months ago - GlobeNewsWire

ArcelorMittal S.A.: Blackrock Inc. shareholding notification

26 April 202 3 , 16 :05  CET

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire