ArcelorMittal S.A. (MT)

NYSE: MT · IEX Real-Time Price · USD
25.11
0.00 (-0.02%)
Apr 18, 2024, 2:54 PM EDT - Market open
-0.02%
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]

Industry Steel
Sector Materials
IPO Date Aug 8, 1997
Employees 126,756
Stock Exchange NYSE
Ticker Symbol MT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$31.0
(23.48% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

6 days ago - Business Wire

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...

8 days ago - GlobeNewsWire

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

16 days ago - GlobeNewsWire

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 ...

20 days ago - GlobeNewsWire

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...

21 days ago - GlobeNewsWire

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 ...

21 days ago - GlobeNewsWire

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...

22 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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

5 weeks ago - GlobeNewsWire

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).

5 weeks ago - Reuters

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...

5 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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.

7 weeks ago - Reuters

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, ...

2 months ago - GlobeNewsWire

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...

2 months ago - WSJ

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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-...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Reuters

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire