MT - ArcelorMittal
| Previous Close | 32.38 |
| Open | 32.51 |
| Bid | 32.39 x 1100 |
| Ask | 32.40 x 800 |
| Day's Range | 32.24 - 32.48 |
| 52 Week Range | 24.74 - 37.50 |
| Volume | 551,475 |
| Avg. Volume | 2,461,228 |
| Market Cap | 32.41B |
| Beta | 3.33 |
| PE Ratio (TTM) | 6.23 |
| EPS (TTM) | 5.18 |
| Earnings Date | Feb 21, 2017 - Feb 27, 2017 |
| Forward Dividend & Yield | 0.10 (0.34%) |
| Ex-Dividend Date | 2018-05-17 |
| 1y Target Est | 43.80 |
- Zacks•36 minutes ago
Has ArcelorMittal (MT) Outpaced Other Basic Materials Stocks This Year?
Is (MT) Outperforming Other Basic Materials Stocks This Year?
- Zacks•56 minutes ago
Should Value Investors Buy ArcelorMittal (MT) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Market Realist•3 hours ago
AK Steel: Does the Rally Have Any Steam Left?
AK Steel (AKS) has gained more than 15% from its 2018 lows. U.S. Steel Corporation (X) has lost 15.3% YTD. Nucor (NUE) and Cleveland-Cliffs (CLF) have gained 2.3% and 69.2% YTD, respectively, based on the closing prices on September 18.
- Zacks•yesterday
5 Solid Steel Stocks Set to Run Higher Amid Trade Tensions
While the steel industry faces risks from escalating trade tensions, it is gaining from favorable demand and pricing fundamentals.
Market Realist•yesterdayU.S. Steel Corporation and AK Steel Missed Section 232 Windfall
Nucor (NUE), the largest US-based steel producer, posted its highest second-quarter earnings ever in the second quarter of 2018. Steel Dynamics (STLD) also posted record earnings in the second quarter. The Section 232 tariffs lifted US steel prices to multiyear highs. ArcelorMittal (MT) only gets a quarter of its revenues from NAFTA. ArcelorMittal also posted its highest earnings in seven years. However, U.S. Steel Corporation (X) and AK Steel’s (AKS) earnings have lagged other steel companies in 2018.
- CNBC•2 days ago
Steel workers gear up for strike, potentially derailing Trump's steel resurgence
It would follows another strike by 16,000 U.S. Steel workers that was approved earlier this month, and together, they could hinder what President Trump calls a "thriving" industry in the U.S.
GuruFocus.com•4 days agoIs ArcelorMittal a Bargain?
ArcelorMittal (MT), a multinational steel producer, is trading at such low prices that it is worth taking a look at. Following a nearly 10% drop in the share price since early August, the stock in the Luxemburg-based multinational steel manufacturing corporation is now trading below the 200-, 100 and 50-day simple moving average lines. The chart also depicts an 8% climb in the market value of ArcelorMittal to $29.40 per share for the 52 weeks through Friday.
- Zacks•7 days ago
ECB Maintains Accommodative Monetary Policy: 5 Top Picks
ECB's accommodative monetary policy is likely to spur growth in the Eurozone over the medium term.
- Simply Wall St.•8 days ago
Estimating The Intrinsic Value Of ArcelorMittal (AMS:MT)
I am going to run you through how I calculated the intrinsic value of ArcelorMittal (AMS:MT) by taking the foreast future cash flows of the company and discounting them backRead More...
Market Realist•8 days agoDo Steel Companies’ Valuations Look Tempting?
This month we’ve seen share buyback announcements by both Nucor (NUE) and Steel Dynamics (STLD). Share buybacks are a tool for management to return cash to shareholders. Generally, companies pursue share buybacks when they have surplus cash or they find their stocks undervalued. Steel companies’ cash flows have certainly improved amid higher steel prices. But do their valuations look tempting?
- Zacks•9 days ago
ArcelorMittal Submits Revised Offer for Essar Steel Buyout
ArcelorMittal's (MT) revised offer provides significant value to all concerned creditors.
- Zacks•9 days ago
Trade Actions Help US Steel Industry Capacity Break Above 80%
The trade tariffs are boosting production capacity of U.S. steel mills amid lower imports.
- The Wall Street Journal•10 days ago
Steelworkers Demand Higher Pay as Tariffs Lift Profits
Workers at two of the biggest U.S. steelmakers are demanding higher compensation as tariffs on foreign metal push prices and profits to their highest point in years in a buoyant economy. Leaders for some 30,000 members of the United Steelworkers union say United States Steel Corp. and ArcelorMittal SA aren’t passing those benefits to their workers, who have gone without raises in recent years even as wages have started to climb more broadly. President Trump has said the 25% tariff his administration placed on steel imports earlier this year aimed to bring back good-paying blue collar jobs.“The steel industry is one of the great things to be talking about,” Mr. Trump told a crowd in North Dakota last week.
- Reuters•10 days ago
ArcelorMittal's sweetened offer for Essar Steel knocks shares
ArcelorMittal shares fell more than 2 percent on Tuesday after the company raised its offer for India's debt-laden Essar Steel, prompting concerns that it was paying too much. The world's largest steelmaker is forming a joint venture with Japan's Nippon Steel & Sumitomo Metal Corp to bid for Essar in competition with Russian lender VTB and Vedanta Resources. ArcelorMittal said on Monday that it had submitted a revised proposal representing a "material increase" on its two previous offers, adding on Tuesday that media reports on the amount it was offering were "broadly accurate".
- GlobeNewswire•10 days ago
ArcelorMittal submits revised proposal for the acquisition of Essar Steel
11 September 2018 - In response to media speculation, ArcelorMittal (the Company) confirms that yesterday, 10 September 2018, it submitted a revised proposal to Essar Steel India Limited’s (ESIL) Committee of Creditors for the acquisition of ESIL. The Company can also confirm that media reports speculating on the financial value of the revised offer are broadly accurate.
- The Wall Street Journal•9 days ago
[$$] Steelworkers Demand Higher Pay as Tariffs Lift Profits
Workers at two of the biggest U.S. steelmakers are demanding higher compensation as tariffs on foreign metal push prices and profits to their highest point in years in a buoyant economy. Leaders for some 30,000 members of the United Steelworkers union say United States Steel Corp. and ArcelorMittal SA aren’t passing those benefits to their workers, who have gone without raises in recent years even as wages have started to climb more broadly. President Trump has said the 25% tariff his administration placed on steel imports earlier this year aimed to bring back good-paying blue collar jobs.“The steel industry is one of the great things to be talking about,” Mr. Trump told a crowd in North Dakota last week.
- Bloomberg•10 days ago
ArcelorMittal Is Said to Boost Essar Steel Bid
ArcelorMittal has raised its bid for indebted Essar Steel India Ltd. to about 420 billion rupees ($5.8 billion), people with knowledge of the matter said. The world’s biggest steelmaker company has offered ...
- Bloomberg•10 days ago
Mittal's Good Essar Show Mired in Legal Farce
It’s a forlorn sight when emerging markets stage a creditable performance and investors don’t turn up. While it’s still grappling with the second problem, India also has a third. It has a good show going, for which the likes of ArcelorMittal are reluctantly paying a $1 billion cover charge, but legal plot twists are spoiling the entertainment.
Market Realist•11 days agoAK Steel: Why 2019 Could Treat the Stock Better
As we saw in the previous part, AK Steel’s (AKS) 2018 price action has lagged other steel companies, including U.S. Steel Corporation (X), Nucor (NUE), and ArcelorMittal (MT). Now let’s look at some of AK Steel’s near-term drivers.
- Market Realist•11 days ago
After Two Upgrades, Is AK Steel Ready to Break Free?
Upgrades and Buybacks: Are US Steel Stocks at a Tipping Point? AK Steel (AKS) has been one of the worst-performing steel stocks this year based on a year-to-date price action. U.S. Steel Corporation (X) and ArcelorMittal (MT) have fallen 17.2% and 11%, respectively, over that period.
- Bloomberg•11 days ago
ArcelorMittal Boosts Essar Steel Bid to $5.8 Billion
ArcelorMittal has raised its bid for indebted Essar Steel India Ltd. to about 420 billion rupees ($5.8 billion), people with knowledge of the matter said. The world’s biggest steelmaker recently sent a letter to Essar Steel’s lenders informing them of its new proposal, the people said, asking not to be identified because the information is private. The company has offered to repay all of Essar Steel’s secured debt, one of the people said.
- Reuters•11 days ago
ArcelorMittal ups bid for Essar Steel
MUMBAI (Reuters) - Steel giant ArcelorMittal SA (MT.AS) has raised its bid for India's debt-laden Essar Steel in competition with Russia's VTB (VTBR.MM) and Vedanta Resources (VED.L). "The financial ...
- CNBC Videos•21 hours ago
Options traders say these four stocks set to move
What the options market says about these 4 big names.
Bloomberg Video•10 days agoArcelorMittal Is Said to Boost Essar Steel Bid
Sep.11 -- ArcelorMittal has raised its bid for indebted Essar Steel India Ltd. to about 420 billion rupees ($5.8 billion), people with knowledge of the matter said. The world’s biggest steelmaker company has offered to repay all of Essar Steel’s secured debt, one of the people said. Bloomberg's Saloni Shukla reports on "Bloomberg Markets: Asia."
