MT - ArcelorMittal

NYSE - Nasdaq Real-time price. Currency in USD
34.85
-0.40 (-1.13%)
As of 10:56AM EDT. Market open.
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Previous close35.25
Open35.43
Bid34.86 x 1800
Ask34.87 x 4000
Day's range34.67 - 35.45
52-week range19.59 - 37.50
Volume1,763,597
Avg. volume2,880,108
Market cap35.58B
Beta3.22
PE ratio (TTM)7.81
EPS (TTM)4.46
Earnings date21 Feb 2017 - 27 Feb 2017
Forward dividend & yield0.10 (0.28%)
Ex-dividend date2018-05-17
1y target est41.73
Trade prices are not sourced from all markets
  • ArcelorMittal gives bullish outlook after earnings beat
    Reuters Videos10 days ago

    ArcelorMittal gives bullish outlook after earnings beat

    The world's largest steelmaker ArcelorMittal says the outlook for 2018 has improved after a sharp pick-up in steel prices helped it deliver higher-than-expected first-quarter earnings. As David Pollard reports, its shares were one of the strongest performers on Europe's leading share index after it posted Q1 EBITDA at $2.51 bln.

  • Why Cleveland-Cliffs Stock Could See Valuation Upside in 2018
    Market Realist2 hours ago

    Why Cleveland-Cliffs Stock Could See Valuation Upside in 2018

    In this final part of the series, we’ll see how the markets are valuing Cleveland-Cliffs (CLF) stock compared to its peers and the historical multiple.

  • Top Ranked Value Stocks to Buy for May 18th
    Zacks3 days ago

    Top Ranked Value Stocks to Buy for May 18th

    Top Ranked Value Stocks to Buy for May 18th

  • Should U.S. Steel’s Negative Free Cash Flow Concern Investors?
    Market Realist5 days ago

    Should U.S. Steel’s Negative Free Cash Flow Concern Investors?

    In this article, we’ll do a comparative analysis of steel companies’ 1Q18 free cash flows. You can define free cash flow as operating cash flow minus capital expenditure (or capex). It’s a measure of a business’s cash flow generation capacity.

  • How ArcelorMittal’s 1Q18 Earnings Compare to U.S. Steel’s
    Market Realist5 days ago

    How ArcelorMittal’s 1Q18 Earnings Compare to U.S. Steel’s

    Previously in this series, we compared steel companies’ 1Q18 shipments and ASPs (average selling price). In this article, we’ll take a look at their 1Q18 EBITDAs (earnings before interest, tax, depreciation, and amortization).

  • GlobeNewswire5 days ago

    ArcelorMittal announces result of its Extraordinary General Meeting

    16 May 2018 - The Extraordinary General Meeting (EGM) of shareholders of ArcelorMittal held today in Luxembourg approved the resolution on the EGM agenda by a strong majority. The results of the votes will be posted shortly on corporate.arcelormittal.com under "Investors Equity Investors Shareholders' meetings Extraordinary General Meeting of shareholders, 16 May 2018" where the full documentation regarding to the general meeting is available. ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 18 countries.

  • How U.S. Steel’s 1Q18 Selling Prices Stack Up against NUE’s
    Market Realist6 days ago

    How U.S. Steel’s 1Q18 Selling Prices Stack Up against NUE’s

    Previously in this series, we did a comparative analysis of steel companies’ 1Q18 shipments. In this article, we’ll look at their ASPs (average selling price).

  • 1Q18 Steel Shipments: Why U.S. Steel Was an Outlier
    Market Realist7 days ago

    1Q18 Steel Shipments: Why U.S. Steel Was an Outlier

    Steel companies’ revenues are a function of average steel prices and shipments, so it’s pertinent for steel investors to follow quarterly production and shipment data.

  • ArcelorMittal: Investors Might Have to Wait for Hefty Dividends
    Market Realist7 days ago

    ArcelorMittal: Investors Might Have to Wait for Hefty Dividends

    During the 4Q17 earnings call, ArcelorMittal (MT) announced its plan to restore the annual dividend program that was suspended in 2015. The company has reinstated its annual dividend at $0.10 per share from this year. Meanwhile, ArcelorMittal intends to pay dividends as a percentage of its free cash flows once its net debt falls below $6 billion. As of March 31, ArcelorMittal had a net debt of $11.1 billion. The company’s net debt rose almost $1 billion from the sequential quarter amid working capital buildup, a share buyback, and the forex impact in the quarter.

  • Steel Companies’ 1Q18 Report Card: Gains and Losses
    Market Realist7 days ago

    Steel Companies’ 1Q18 Report Card: Gains and Losses

    The US steel industry has seen considerable action in 1Q18. In March, President Donald Trump imposed tariffs on steel imports, acting on the results of the US Department of Commerce’s Section 232 investigation.

  • Why ArcelorMittal’s Revenues Have Struggled for Years
    Market Realist7 days ago

    Why ArcelorMittal’s Revenues Have Struggled for Years

    In this part, we’ll discuss some of the key takeaways from ArcelorMittal’s 1Q18 financial results. The company reported revenues of $19.2 billion in 1Q18—compared to $17.7 billion in 4Q17 and $16.0 billion in 1Q17. ArcelorMittal’s 1Q18 revenues were the highest since 3Q14. The company recorded multiyear highs on several other metrics during the quarter.

  • ArcelorMittal (MT) Q1 Earnings Rise on Higher Steel Prices
    Zacks7 days ago

    ArcelorMittal (MT) Q1 Earnings Rise on Higher Steel Prices

    Higher average steel selling prices drove ArcelorMittal's (MT) top and bottom lines in Q1.

  • Financial Times7 days ago

    [$$] ArcelorMittal takes leadership training direct to employees

    François Perras has worked for only one company since graduating from university 18 years ago. First, his employer, ArcelorMittal, the world’s largest steel producer, is big enough to offer career progression through different parts of the business every couple of years. The second reason is that ArcelorMittal has the resources to develop his skills as a leader through its own university, so Perras has not felt the need to quit his job to study at business school full time.

  • Bitter Court Battles Bog Down Arcelor, Tata as India Law Tested
    Bloomberg8 days ago

    Bitter Court Battles Bog Down Arcelor, Tata as India Law Tested

    India’s new bankruptcy law is being bogged down by bitter court room disputes that include the likes of ArcelorMittal and the Tata Group -- jeopardizing the law’s promise of time-bound resolution in a country famous for its sluggish legal system. None of the 12 large debtor companies that the central bank forced into bankruptcy court in June have been sold yet. The National Company Law Tribunal or NCLT, in charge of the process, has extended a 270-day deadline enshrined in the law for Bhushan Power & Steel Ltd. and Essar Steel India Ltd. by excluding the days under litigation.

  • How ArcelorMittal Fared in 1Q18
    Market Realist10 days ago

    How ArcelorMittal Fared in 1Q18

    ArcelorMittal (MT), the world’s largest steel producer, released its 1Q18 earnings today, May 11. ArcelorMittal’s 1Q18 EBITDA (earnings before interest, tax, depreciation, and amortization) jumped 12.6% year-over-year to $2.5 billion. ArcelorMittal’s 1Q18 earnings were better-than-expected, and the stock was trading higher in initial trade on European exchanges.

  • GlobeNewswire10 days ago

    ArcelorMittal reports results for the first quarter 2018

    Luxembourg, May 11, 2018- ArcelorMittal, the world's leading integrated steel and mining company, today announced results for the three-month period ended March 31, 2018.. Lakshmi N. Mittal, ArcelorMittal ...

  • How Analysts View Steel Stocks after Their 1Q18 Earnings
    Market Realist11 days ago

    How Analysts View Steel Stocks after Their 1Q18 Earnings

    The 1Q18 earnings season is nearly over, and most US-based steel companies have released their quarterly earnings. ArcelorMittal (MT), the world’s largest steel producer, is scheduled to release its 1Q18 earnings on May 11. You can read Word on the Street ahead of ArcelorMittal’s 1Q18 Earnings to explore what analysts are projecting for ArcelorMittal’s 1Q18 earnings.

  • What Could Boost U.S. Steel Corporation’s Depressed Valuation?
    Market Realist12 days ago

    What Could Boost U.S. Steel Corporation’s Depressed Valuation?

    U.S. Steel Corporation: Has the Storm Settled Down? U.S. Steel Corporation (X) is valued at an EV of 4.35x its 2018 consensus EBITDA and 4.13x its 2019 expected EBITDA. AK Steel (AKS) and Steel Dynamics (STLD) are trading at 2018 EV-to-EBITDA multiples of 6.42x and 6.22x, respectively.

  • Zacks Industry Outlook Highlights: Nucor, Commercial Metals, ArcelorMittal and Steel Dynamics
    Zacks12 days ago

    Zacks Industry Outlook Highlights: Nucor, Commercial Metals, ArcelorMittal and Steel Dynamics

    Zacks Industry Outlook Highlights: Nucor, Commercial Metals, ArcelorMittal and Steel Dynamics

  • GlobeNewswire12 days ago

    ArcelorMittal announces results of its Annual General Meeting

    9 May 2018 - The Annual General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions by a strong majority. 70.12% of the voting rights were represented at the general meeting. The results of the votes will be posted shortly on www.arcelormittal.com under "Investors Equity Investors Shareholders' meetings Annual General Meeting of shareholders, 9 May 2018" where the full documentation regarding the general meeting is available.

  • Here's How the Steel Industry's Getting Hot
    Zacks13 days ago

    Here's How the Steel Industry's Getting Hot

    Here's How the Steel Industry's Getting Hot

  • Why ArcelorMittal Is Focusing on Essar Steel
    Market Realist13 days ago

    Why ArcelorMittal Is Focusing on Essar Steel

    ArcelorMittal (MT) subsidiary ArcelorMittal India Private has bid to acquire Essar Steel. According to ArcelorMittal CEO Lakshmi Mittal, “Essar provides a compelling opportunity for ArcelorMittal to enter the high growth Indian steel market.”

  • After Winning Ilva, ArcelorMittal Sets Sight on Next Goal
    Market Realist13 days ago

    After Winning Ilva, ArcelorMittal Sets Sight on Next Goal

    On May 7, ArcelorMittal (MT), the world’s biggest steel producer, announced that it had received permission from the European Commission to acquire Ilva. The acquisition is expected to enhance ArcelorMittal’s presence in Italy, Europe’s second-largest steel-consuming region. Despite getting most its revenue from Europe, ArcelorMittal had a limited presence in Italy prior to this deal. The European Commission’s final permission was largely expected after ArcelorMittal agreed to divest some of its assets in Europe.

  • Import Quotas Could Help U.S. Steel Corporation Stock Recover
    Market Realist13 days ago

    Import Quotas Could Help U.S. Steel Corporation Stock Recover

    U.S. Steel Corporation: Has the Storm Settled Down? Like other steel producers, 2018 has been dismal for U.S. Steel Corporation (X). In our coverage of steel stocks, AK Steel (AKS) has lost 23.7%—the most during this period.

  • ArcelorMittal (MT) Receives EC's Approval for Ilva Buyout
    Zacks13 days ago

    ArcelorMittal (MT) Receives EC's Approval for Ilva Buyout

    ArcelorMittal (MT) is granted merger clearance by the EC on the basis that it has committed to dispose of some assets.