MT - ArcelorMittal

NYSE - Nasdaq Real Time Price. Currency in USD
32.28
-0.10 (-0.31%)
As of 10:06AM EDT. Market open.
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Previous Close32.38
Open32.51
Bid32.39 x 1100
Ask32.40 x 800
Day's Range32.24 - 32.48
52 Week Range24.74 - 37.50
Volume551,475
Avg. Volume2,461,228
Market Cap32.41B
Beta3.33
PE Ratio (TTM)6.23
EPS (TTM)5.18
Earnings DateFeb 21, 2017 - Feb 27, 2017
Forward Dividend & Yield0.10 (0.34%)
Ex-Dividend Date2018-05-17
1y Target Est43.80
Trade prices are not sourced from all markets
  • Has ArcelorMittal (MT) Outpaced Other Basic Materials Stocks This Year?
    Zacks36 minutes ago

    Has ArcelorMittal (MT) Outpaced Other Basic Materials Stocks This Year?

    Is (MT) Outperforming Other Basic Materials Stocks This Year?

  • Should Value Investors Buy ArcelorMittal (MT) Stock?
    Zacks56 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.

  • AK Steel: Does the Rally Have Any Steam Left?
    Market Realist3 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.

  • 5 Solid Steel Stocks Set to Run Higher Amid Trade Tensions
    Zacksyesterday

    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.

  • U.S. Steel Corporation and AK Steel Missed Section 232 Windfall
    Market Realistyesterday

    U.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.

  • CNBC2 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.

  • New Strong Buy Stocks for September 18th
    Zacks3 days ago

    New Strong Buy Stocks for September 18th

    New Strong Buy Stocks for September 18th

  • Is ArcelorMittal a Bargain?
    GuruFocus.com4 days ago

    Is 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.

  • ECB Maintains Accommodative Monetary Policy: 5 Top Picks
    Zacks7 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.

  • Estimating The Intrinsic Value Of ArcelorMittal (AMS:MT)
    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...

  • Do Steel Companies’ Valuations Look Tempting?
    Market Realist8 days ago

    Do 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?

  • ArcelorMittal Submits Revised Offer for Essar Steel Buyout
    Zacks9 days ago

    ArcelorMittal Submits Revised Offer for Essar Steel Buyout

    ArcelorMittal's (MT) revised offer provides significant value to all concerned creditors.

  • Trade Actions Help US Steel Industry Capacity Break Above 80%
    Zacks9 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 Journal10 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.

  • Reuters10 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".

  • GlobeNewswire10 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 Journal9 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.

  • ArcelorMittal Is Said to Boost Essar Steel Bid
    Bloomberg10 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 ...

  • Mittal's Good Essar Show Mired in Legal Farce
    Bloomberg10 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.

  • AK Steel: Why 2019 Could Treat the Stock Better
    Market Realist11 days ago

    AK 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.

  • After Two Upgrades, Is AK Steel Ready to Break Free?
    Market Realist11 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.

  • ArcelorMittal Boosts Essar Steel Bid to $5.8 Billion
    Bloomberg11 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.

  • Reuters11 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 ...

  • Options traders say these four stocks set to move
    CNBC Videos21 hours ago

    Options traders say these four stocks set to move

    What the options market says about these 4 big names.

  • ArcelorMittal Is Said to Boost Essar Steel Bid
    Bloomberg Video10 days ago

    ArcelorMittal 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."