ArcelorMittal (MT) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ArcelorMittal in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MT, but not buy additional shares or sell existing shares.
View MT analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued twelve-month price targets for ArcelorMittal's stock. Their MT share price targets range from $31.00 to $31.00. On average, they anticipate the company's share price to reach $31.00 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price.
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ArcelorMittal's stock was trading at $28.39 at the beginning of the year. Since then, MT stock has decreased by 11.6% and is now trading at $25.09.
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ArcelorMittal saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 5,560,000 shares, an increase of 34.0% from the February 29th total of 4,150,000 shares. Based on an average daily volume of 1,470,000 shares, the short-interest ratio is presently 3.8 days.
View ArcelorMittal's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MT earnings forecast.

ArcelorMittal S.A. (NYSE:MT) released its quarterly earnings data on Thursday, February, 8th. The basic materials company reported ($3.57) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.08) by $1.49. The basic materials company earned $14.55 billion during the quarter, compared to analysts' expectations of $16.39 billion. ArcelorMittal had a trailing twelve-month return on equity of 8.55% and a net margin of 1.35%. ArcelorMittal's quarterly revenue was down 13.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.37 EPS.

ArcelorMittal declared a Semi-Annual dividend on Monday, April 15th. Stockholders of record on Friday, May 17th will be given a dividend of $0.213 per share on Wednesday, June 12th. The ex-dividend date of this dividend is Thursday, May 16th.
Read our dividend analysis for MT.

ArcelorMittal (NYSE:MT) pays an annual dividend of $0.37 per share and currently has a dividend yield of 1.49%. The dividend payout ratio is 37.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MT will have a dividend payout ratio of 6.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MT.

ETFs with the largest weight of ArcelorMittal (NYSE:MT) stock in their portfolio include VanEck Steel ETF (SLX).Amplify International Enhanced Dividend Income ETF (IDVO).

ArcelorMittal's stock reverse split before market open on Monday, May 22nd 2017. The 1-3 reverse split was announced on Thursday, May 11th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, May 19th 2017. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

1 employees have rated ArcelorMittal Chief Executive Officer Lourenco Goncalves on Glassdoor.com. Lourenco Goncalves has an approval rating of 100% among the company's employees. This puts Lourenco Goncalves in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ArcelorMittal investors own include AT&T (T), Energy Transfer (ET), Ford Motor (F), Micron Technology (MU), Bank of America (BAC), Intel (INTC), General Electric (GE), Gilead Sciences (GILD) and Cisco Systems (CSCO).

ArcelorMittal's stock is owned by many different institutional and retail investors. Top institutional shareholders include Trust Co. of Toledo NA OH (0.00%) and Atlas Capital Advisors LLC (0.00%).
View institutional ownership trends.

Shares of MT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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