MT - ArcelorMittal

NYSE - Nasdaq Real-time price. Currency in USD
24.70
-0.09 (-0.38%)
As of 11:22AM EST. Market open.
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Previous close24.80
Open24.68
Bid24.82 x 1100
Ask24.83 x 800
Day's range24.57 - 24.99
52-week range23.80 - 37.50
Volume798,884
Avg. volume2,753,990
Market cap24.866B
Beta (3Y monthly)3.36
PE ratio (TTM)5.06
EPS (TTM)4.88
Earnings date21 Feb 2017 - 27 Feb 2017
Forward dividend & yield0.10 (0.39%)
Ex-dividend date2018-05-17
1y target est41.78
Trade prices are not sourced from all markets
  • How US Steel Companies Have Utilized Their Bumper Earnings
    Market Realistyesterday

    How US Steel Companies Have Utilized Their Bumper Earnings

    As noted in the previous articles, US steel companies’ earnings have improved this year after Section 232 tariffs lifted US steel prices. In this article, we’ll see what companies are doing with their bumper earnings.

  • How U.S. Steel’s Free Cash Flows Look This Year
    Market Realistyesterday

    How U.S. Steel’s Free Cash Flows Look This Year

    In this part, we’ll discuss steel companies’ third-quarter free cash flows. Free cash flow is operating cash flow minus capital expenditure. U.S. Steel (X) generated free cash flows of $164 million in the third quarter as compared to $219 million in the second quarter and $128 million in the third quarter of 2017.

  • What Lies Ahead for US Steel Mills after This Year’s Windfall?
    Market Realist2 days ago

    What Lies Ahead for US Steel Mills after This Year’s Windfall?

    US steel prices rose sharply in the first half of 2018 as President Trump’s Section 232 tariffs lifted US steel prices with the benchmark HRC (hot roll coil) prices rising to a decade high. Higher spot steel prices supported US steel companies’ average selling prices (or ASP) in the last two quarters. However, spot steel prices fell last month. Although prices have stabilized after companies like Nucor (NUE) and ArcelorMittal (MT) announced price hikes, they are still below their 2018 highs.

  • Steel Companies’ Selling Prices Spike amid Trump’s Tariffs
    Market Realist2 days ago

    Steel Companies’ Selling Prices Spike amid Trump’s Tariffs

    Previously in this series, we compared steel companies’ third-quarter shipments. In this part, we’ll look at their ASP (average selling price). The ASP is a key driver of steel companies’ performance and impacts their profitability. We saw a sharp rise in steel companies’ ASP this year after President Trump’s Section 232 tariffs lifted US steel prices (SPY) to multiyear highs.

  • US Steel Demand: Is the ‘Buyer Strike’ Over?
    Market Realist3 days ago

    US Steel Demand: Is the ‘Buyer Strike’ Over?

    As noted previously, steel companies like ArcelorMittal (MT), Nucor (NUE), and AK Steel (AKS) reported lower sequential shipments in the third quarter. ArcelorMittal also pointed to “temporary market weakness in the US.” According to Steel Dynamics, “customers took a temporary purchasing hiatus in anticipation of lower transaction prices as scrap pricing dipped a little and imports moderated some.” However, Nucor’s response was a bit more nuanced.

  • Why Steel Companies’ Q3 Shipment Profile Was Disappointing
    Market Realist3 days ago

    Why Steel Companies’ Q3 Shipment Profile Was Disappointing

    Steel companies’ revenues are a function of average steel prices and shipments. In this part, we’ll compare steel companies’ third-quarter shipments.

  • Subdued Earnings: Most Steel Companies Missed Q3 Estimates
    Market Realist3 days ago

    Subdued Earnings: Most Steel Companies Missed Q3 Estimates

    We’re towards the end of the third-quarter earnings season, and all of the leading US steel producers have released their quarterly earnings. Steel Dynamics was the first major steel company to release its quarterly results on October 17. Nucor (NUE) released earnings on October 18.

  • GlobeNewswire3 days ago

    Designated person notification

    Luxembourg, 13 November 2018 - 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.

  • Why Are US Steel Stocks in a Tight Bear Grip?
    Market Realist7 days ago

    Why Are US Steel Stocks in a Tight Bear Grip?

    As we noted previously, steel stocks like AK Steel (AKS) and ArcelorMittal (MT) are trading with a year-to-date loss. Steel stocks have underperformed broader equity markets (DIA) in 2018 despite President Trump’s Section 232 tariffs. In this part, we’ll discuss the key reasons why bears love steel stocks.

  • Analysts Maintain the Status Quo on Steel Stocks
    Market Realist9 days ago

    Analysts Maintain the Status Quo on Steel Stocks

    Now, we’re towards the end of the third-quarter earnings season. Talking of steel stocks, all of the leading US steel producers have released their quarterly earnings. Steel Dynamics was the first major steel company to release its quarterly performance on October 17. Nucor’s (NUE) earnings were released on October 18.

  • Can Cleveland Cliffs’ Valuations Catch Up to Its Fundamentals?
    Market Realist10 days ago

    Can Cleveland Cliffs’ Valuations Catch Up to Its Fundamentals?

    In the final article of this series, we’ll look at Cleveland-Cliffs’ (CLF) valuation and compare it to those of its US steel peers (SLX). Among US (SPY) steel stocks (XME), U.S. Steel Corporation (X) and ArcelorMittal (MT) are trading at the lowest forward EV-to-EBITDA multiples of 3.06x and 3.65x, respectively. Cleveland-Cliffs, on the other hand, is trading at the highest multiple of 5.9x.

  • ArcelorMittal (MT) Gains But Lags Market: What You Should Know
    Zacks11 days ago

    ArcelorMittal (MT) Gains But Lags Market: What You Should Know

    ArcelorMittal (MT) closed at $25.52 in the latest trading session, marking a +0.08% move from the prior day.

  • Cleveland Cliffs to Benefit as US Steel Production Is on the Rise
    Market Realist14 days ago

    Cleveland Cliffs to Benefit as US Steel Production Is on the Rise

    US steel production is the key factor driving US steelmakers’ (SLX) (XME) revenues. Investors track production data to get a sense of the direction of overall volumes.

  • Could Stimulus Help Revive Chinese Steel Demand?
    Market Realist14 days ago

    Could Stimulus Help Revive Chinese Steel Demand?

    As noted in the previous article, Chinese steel production is up handsomely this year and is running at record levels. China’s car sales have fallen for three consecutive months. China is the world’s largest automotive market.

  • ArcelorMittal's (MT) Earnings Drop, Revenues Rise Y/Y in Q3
    Zacks14 days ago

    ArcelorMittal's (MT) Earnings Drop, Revenues Rise Y/Y in Q3

    ArcelorMittal's (MT) Q3 results benefit from higher steel selling prices. The company also keeps 2018 outlook unchanged citing favorable market conditions and healthy demand.

  • While Metals Plunge, Steel Production Paints a Different Picture
    Market Realist14 days ago

    While Metals Plunge, Steel Production Paints a Different Picture

    In the previous articles, we looked at indicators pertaining to the US steel industry. Steel production is a key metric that investors should track, as it gives insight into the supply side of the equation. According to the World Steel Association, global steel production rose 4.4% YoY in September.

  • GlobeNewswire14 days ago

    ArcelorMittal reaches agreement with Liberty House for the sale of finishing lines in Dudelange and Liège

    The assets are the final part of a divestment package the Company agreed with the European Commission (‘EC’) during its merger control investigation into the Company’s acquisition of Ilva S.p.A (‘Ilva’).

  • US Steel Prices Stabilize after Price Hikes
    Market Realist15 days ago

    US Steel Prices Stabilize after Price Hikes

    Steel prices are the key driver of steel companies’ earnings. We saw a sharp rally in US steel prices this year after Section 232 tariffs. Steel companies like Nucor (NUE) and Steel Dynamics (STLD) are posting record earnings amid higher US steel prices. AK Steel (AKS) also posted its highest third-quarter earnings in a decade. Cleveland-Cliffs (CLF) also benefits from higher US steel prices.

  • US Steel Demand Outlook Muddied amid Fed’s Tightening
    Market Realist15 days ago

    US Steel Demand Outlook Muddied amid Fed’s Tightening

    So far in this series, we’ve looked at US steel supply indicators like domestic production and imports. Along with supply, we also need to look at steel demand indicators. In this article, we’ll look at some indicators of US steel demand (SPY).

  • Simply Wall St.15 days ago

    Is ArcelorMittal’s (AMS:MT) CEO Paid Enough Relative To Peers?

    Lakshmi Mittal became the CEO of ArcelorMittal (AMS:MT) in 1976. This analysis aims first to contrast CEO compensation with other large companies. Next, we’ll consider growth that the business demonstrates. Read More...

  • GlobeNewswire15 days ago

    ArcelorMittal completes transaction to acquire Ilva S.p.A. and launches ArcelorMittal Italia

    1 November 2018 – ArcelorMittal (‘the Company’) announces that AM Investco Italy Srl (‘AM Investco’)’s transaction to acquire Ilva S.p.A. (‘Ilva’) has completed today. ArcelorMittal is the principal partner in AM Investco with a 94.4 per cent equity stake in the consortium, with Banca Intesa Sanpaolo holding 5.6 per cent. AM Investco’s lease and purchase agreement is effective from today (1 November 2018). Following completion of the transaction, ArcelorMittal has now assumed full management control of Ilva, which will form a new business cluster within ArcelorMittal Europe - Flat Products and be known as ArcelorMittal Italia.

  • GlobeNewswire15 days ago

    ArcelorMittal reports third quarter 2018 and nine months 2018 results

    Luxembourg, November 1, 2018 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading.