MT - ArcelorMittal

NYSE - NYSE Delayed price. Currency in USD
34.67
-0.33 (-0.94%)
At close: 4:02PM EST

34.86 +0.19 (0.55%)
Pre-market: 5:37AM EST

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Previous close35.00
Open35.42
Bid34.72 x 3400
Ask34.76 x 3200
Day's range34.65 - 35.48
52-week range19.59 - 37.50
Volume2,619,264
Avg. volume3,500,836
Market cap32.921B
Beta3.38
PE ratio (TTM)7.77
EPS (TTM)4.46
Earnings date21 Feb 2017 - 27 Feb 2017
Forward dividend & yield0.00 (0.00%)
Ex-dividend date2015-05-07
1y target est41.65
Trade prices are not sourced from all markets
  • Could Import Tariffs Help US Steelmakers Regain Market Share?
    Market Realist2 days ago

    Could Import Tariffs Help US Steelmakers Regain Market Share?

    Although Donald Trump had resolved to protect the domestic US steel industry from the onslaught of subsidized imports, they rose in 2017. On multiple instances, US steelmakers (SLX) such as ArcelorMittal (MT), U.S. Steel Corporation (X), and Nucor (NUE) have urged the US administration to act on the Section 232 probe and end subsidized steel imports, which have been impacting their market share and pricing.

  • Goal Posts Move for ArcelorMittal as Steel Markets Revive
    Market Realist2 days ago

    Goal Posts Move for ArcelorMittal as Steel Markets Revive

    On the 4Q17 earnings call, ArcelorMittal’s (MT) CEO, Lakshmi Mittal, outlined a new capital allocation strategy. According to Mittal, “Mostly, we will continue to prioritize deleveraging, we believe that a net debt level of $6 billion with an appropriate target to sustain investment-grade rating metrics and support positive free cash flow even in the low point on the cycle. A few years back, ArcelorMittal set itself a medium-term net debt target of $15 billion.

  • How U.S. Steel Plans to Strengthen Its Balance Sheet
    Market Realist2 days ago

    How U.S. Steel Plans to Strengthen Its Balance Sheet

    On the 4Q17 earnings call, Kevin Bradley, U.S. Steel Corporation’s (X) CFO, said the company is “committed to strengthening the balance sheet.” He also talked about derisking the balance sheet and touched upon the redemption of $200 million of secured debt in 4Q17.

  • How’s Nucor Is Enhancing Its Earnings Capacity
    Market Realist2 days ago

    How’s Nucor Is Enhancing Its Earnings Capacity

    This year, Nucor expects its capital expenditure to more than double from the 2017 levels. According to Jim Frias, Nucor’s CFO, “Approximately two thirds of planned 2018 capital expenditures are for expansion, product improvement and cost-saving projects, with the remaining one third for maintenance purposes.” The company has invested ~$2 billion since 3Q16, and it expects these capital investments to add $400 million to its annual EBITDA (earnings before interest, tax, depreciation, and amortization) in a normal business cycle.

  • How AK Steel Plans to Use Its Cash in 2018
    Market Realist2 days ago

    How AK Steel Plans to Use Its Cash in 2018

    During their 4Q17 earnings call, Roger Newport, AK Steel’s (AKS) CEO, noted that in 2017 the company “took actions to strengthen our balance sheet by refinancing $680 million of our debt. The company also outlined a long-term strategic plan under which it would work toward generating an economic profit, assuming its weighted average cost of capital of 10.5%. Under its transformation strategy (XME), among other targets, U.S. Steel Corporation (X) is also working to generate an economic profit.

  • Why Does U.S. Steel Have So Much Cash on Its Balance Sheet?
    Market Realist2 days ago

    Why Does U.S. Steel Have So Much Cash on Its Balance Sheet?

    ArcelorMittal (MT) has a current ratio of 1.25, based on its 4Q17 financial data. You can define the current ratio as current assets divided by current liabilities. U.S. Steel Corporation (X) has a current ratio of 1.75, while AK Steel’s (AKS) current ratio is 1.83, according to the most recent financial data.

  • Gauging U.S. Steel’s Financial Leverage in 2018
    Market Realist2 days ago

    Gauging U.S. Steel’s Financial Leverage in 2018

    Comparing US Steel Producers’ Financial Leverage

  • Why Net Debt Rose for Nucor and AK Steel Last Year
    Market Realist2 days ago

    Why Net Debt Rose for Nucor and AK Steel Last Year

    Comparing US Steel Producers’ Financial Leverage

  • AK Steel’s Interest Coverage Ratio versus U.S. Steel’s
    Market Realist2 days ago

    AK Steel’s Interest Coverage Ratio versus U.S. Steel’s

    Comparing US Steel Producers’ Financial Leverage

  • Comparing US Steel Producers’ Financial Leverage
    Market Realist2 days ago

    Comparing US Steel Producers’ Financial Leverage

    Comparing US Steel Producers’ Financial Leverage

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    Zacks2 days ago

    New Strong Buy Stocks for February 20th

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  • The Zacks Analyst Blog Highlights: Nordisk, TJX, Cigna, Regeneron and ArcelorMittal
    Zacks2 days ago

    The Zacks Analyst Blog Highlights: Nordisk, TJX, Cigna, Regeneron and ArcelorMittal

    The Zacks Analyst Blog Highlights: Nordisk, TJX, Cigna, Regeneron and ArcelorMittal

  • Arcelor, VTB Hit Snag in Pursuit of $6 Billion Indian Steelmaker
    Bloomberg2 days ago

    Arcelor, VTB Hit Snag in Pursuit of $6 Billion Indian Steelmaker

    Advisers evaluating the offers for Essar Steel India Ltd. are recommending that both bids for the insolvent company be disqualified, according to people with knowledge of the matter.

  • GlobeNewswire6 days ago

    ArcelorMittal announces the publication of its 2017 annual report

    16 February 2018- ArcelorMittal has published its annual report for the year ended December 31, 2017. The report has been filed with the electronic database of the Luxembourg Stock Exchange and is available ...

  • GlobeNewswire6 days ago

    ArcelorMittal publishes its Annual Report 2017 on Form 20-F

    15 February 2018- ArcelorMittal has today filed its Annual Report 2017 on Form 20- F with the U.S. The report is now available on ArcelorMittal's website http://corporate.arcelormittal.com under SEC filings. ...

  • U.S. Steel’s Free Cash Flow in 2017
    Market Realist8 days ago

    U.S. Steel’s Free Cash Flow in 2017

    Comparing Steel Companies’ 4Q17 Performance

  • Why U.S. Steel Expects Its Earnings to Fall in 1Q18
    Market Realist8 days ago

    Why U.S. Steel Expects Its Earnings to Fall in 1Q18

    In this article, we’ll look at steel companies’ 1Q18 earnings guidance from their 4Q17 earnings calls. On AK Steel’s (AKS) 4Q17 call, Jaime Vasquez, AK Steel’s CFO, said, “We expect that our average flat-rolled steel selling price per ton in the first quarter will be up marginally compared to the fourth quarter of 2017.” However, the company expects its adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) margin to rise by 150 basis points in 1Q18 compared to the sequential quarter. Since AK Steel’s revenues are expected to be flat in 1Q18, higher margins should translate into higher EBITDA.

  • ArcelorMittal’s 4Q17 Earnings versus U.S. Steel
    Market Realist8 days ago

    ArcelorMittal’s 4Q17 Earnings versus U.S. Steel

    Comparing Steel Companies’ 4Q17 Performance

  • How U.S. Steel’s 4Q17 Average Selling Prices Compare with AKS
    Market Realist8 days ago

    How U.S. Steel’s 4Q17 Average Selling Prices Compare with AKS

    Comparing Steel Companies’ 4Q17 Performance

  • Why Nucor’s 4Q17 Shipment Profile Looks Encouraging
    Market Realist8 days ago

    Why Nucor’s 4Q17 Shipment Profile Looks Encouraging

    Comparing Steel Companies’ 4Q17 Performance

  • Comparing Steel Companies’ 4Q17 Performance
    Market Realist8 days ago

    Comparing Steel Companies’ 4Q17 Performance

    Comparing Steel Companies’ 4Q17 PerformanceSteel companies’ 4Q17 performance

  • How ArcelorMittal’s Acquisitions Could Benefit Investors
    Market Realist9 days ago

    How ArcelorMittal’s Acquisitions Could Benefit Investors

    As we discussed previously, ArcelorMittal (MT) has submitted its bid for Essar Steel. The acquisition, if completed, will provide ArcelorMittal with a strong platform in India. Notably, ArcelorMittal doesn’t have a major presence in India.

  • Can ArcelorMittal Succeed in India by Acquiring Essar Steel?
    Market Realist9 days ago

    Can ArcelorMittal Succeed in India by Acquiring Essar Steel?

    ArcelorMittal’s (MT) subsidiary ArcelorMittal India Private Limited has made a bid to acquire troubled Indian steelmaker Essar Steel. Because China’s steel demand (RIO) (BHP) is estimated to have peaked after years of rapid growth, analysts see India as a bright spot for global steel markets (PKX).

  • Steel Companies Look to Inorganic Growth amid Market Revival
    Market Realist9 days ago

    Steel Companies Look to Inorganic Growth amid Market Revival

    Earlier this week, ArcelorMittal (MT), the world’s largest steel producer, announced that it would bid for the stressed assets of Indian steel company Essar Steel (EPI). The announcement came after a couple of other acquisitions by ArcelorMittal. Last year, a consortium led by ArcelorMittal reached a binding agreement to buy the Ilva steel plant in Italy.

  • ArcelorMittal: Analysts’ Ratings after Its 4Q17 Earnings
    Market Realist9 days ago

    ArcelorMittal: Analysts’ Ratings after Its 4Q17 Earnings

    How Analysts Rate Steel Stocks amid Market Carnage