MT - ArcelorMittal

NYSE - NYSE Delayed Price. Currency in USD
29.53
-0.06 (-0.20%)
At close: 4:02PM EDT
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Previous Close29.59
Open29.59
Bid0.00 x 3200
Ask0.00 x 800
Day's Range29.20 - 29.68
52 Week Range24.74 - 37.50
Volume2,481,318
Avg. Volume2,735,065
Market Cap30.334B
Beta3.16
PE Ratio (TTM)6.35
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.10 (0.33%)
Ex-Dividend Date2018-05-17
1y Target EstN/A
Trade prices are not sourced from all markets
  • Zacks.com featured highlights include: Magna International, MGM, Domtar, Hitachi and ArcelorMittal
    Zacks16 hours ago

    Zacks.com featured highlights include: Magna International, MGM, Domtar, Hitachi and ArcelorMittal

    Zacks.com featured highlights include: Magna International, MGM, Domtar, Hitachi and ArcelorMittal

  • How ArcelorMittal’s India Plans Have Been Stuck in Limbo
    Market Realist6 days ago

    How ArcelorMittal’s India Plans Have Been Stuck in Limbo

    ArcelorMittal (MT) has made several attempts to gain a foothold in Indian steel markets. In the last decade, there have been reports of ArcelorMittal setting up a multibillion-dollar steel project in India. ArcelorMittal also acquired a stake in Indian steelmaker Uttam Galva Steels.

  • What’s Holding Back ArcelorMittal’s Expansion Spree?
    Market Realist6 days ago

    What’s Holding Back ArcelorMittal’s Expansion Spree?

    Over the last year, ArcelorMittal (MT) has been looking at acquisitions to further bolster its presence. The company, already the largest steel producer globally, has been looking at new markets like Italy and India, as global steel markets have shown signs of a sustained revival. ArcelorMittal is no stranger to mergers and acquisitions.

  • Why ArcelorMittal Stock Is Popular among Analysts
    Market Realist7 days ago

    Why ArcelorMittal Stock Is Popular among Analysts

    Among the analysts surveyed by Thomas Reuters on July 6, nine analysts rate ArcelorMittal (MT) as a “strong buy,” seven analysts rate the stock as a “buy,” one analyst rates the stock as a “hold,” and one analyst rates the stock as a “sell.” The stock has the highest percentage of “buy” ratings among the steel stocks that we’re covering in this series. ArcelorMittal has received a mean consensus target price of 34.7 euros, which represents a 36.3% upside over its closing prices on July 6. U.S. Steel Corporation (X) and AK Steel (AKS) are trading 32.6% and 23.0%, respectively, below their consensus target prices.

  • Italy wants 'much better' proposal from ArcelorMittal on Ilva
    Reuters7 days ago

    Italy wants 'much better' proposal from ArcelorMittal on Ilva

    Italian Industry Minister Luigi Di Maio said on Monday he expected a "much better" proposal from ArcelorMittal regarding the environment and jobs at the heavily polluting Ilva steel works in southern Italy. The plant, Europe's largest, has been under state-supervised special administration since 2015, after magistrates said it must be cleaned up or closed. ArcelorMittal, the world's largest steelmaker, agreed last year to buy it and fix the problems.

  • Reuters7 days ago

    Italy wants "much better" proposal from ArcelorMittal on Ilva

    Italian Industry Minister Luigi Di Maio said on Monday he expected a "much better" proposal from ArcelorMittal regarding the environment and jobs at the heavily polluting Ilva steel works in southern Italy. The plant, Europe's largest, has been under state-supervised special administration since 2015, after magistrates said it must be cleaned up or closed. ArcelorMittal, the world's largest steelmaker, agreed last year to buy it and fix the problems.

  • A Pair of Steals in Steel Stocks for Bears and Bulls
    InvestorPlace12 days ago

    A Pair of Steals in Steel Stocks for Bears and Bulls

    Shorting a sector like steel stocks may seems like a good idea on the surface these days given recent macro events and the cyclical nature of the industry. Reviewing the options market for AKS, in this steel stock purchasing the slightly out-of-the-money September $4 put for 25 cents looks attractive.

  • Reuters17 days ago

    Thyssenkrupp, Tata Steel seal landmark joint venture deal

    FRANKFURT/DUESSELDORF (Reuters) - Germany's Thyssenkrupp and India's Tata Steel signed a final agreement on Saturday to establish a long-expected steel joint venture, the European steel industry's biggest shake-up in more than a decade. Both companies hope it will help them respond to challenges in the volatile steel industry, including overcapacity. The largest European steel deal since the takeover of Arcelor by Mittal in 2006, the 50-50 joint venture - to be named Thyssenkrupp Tata Steel - will have around 48,000 workers and about 17 billion euros ($19.9 billion) in sales.

  • Reuters17 days ago

    Thyssenkrupp seals landmark steel venture with Tata Steel

    FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp's (TKAG.DE) supervisory board on Friday gave the green light for a steel joint venture with Tata Steel (TISC.NS), paving the way for the European steel sector's biggest shake-up in more than a decade. The largest deal in Europe's steel industry since the takeover of Arcelor by Mittal in 2006, the 50-50 joint venture - to be named Thyssenkrupp Tata Steel - will have about 48,000 workers and about 15 billion euros ($17.5 billion) in sales. Based in the Netherlands, it will be the continent's No. 2 steelmaker after ArcelorMittal (MT.AS) and forms the core of Thyssenkrupp CEO Heinrich Hiesinger's plan to turn the steel-to-submarines conglomerate into a technology company.

  • 4 Red-Hot Steel Stocks Forged for Solid Upside in 2H18
    Zacks18 days ago

    4 Red-Hot Steel Stocks Forged for Solid Upside in 2H18

    As the steel industry fundamentals are improving, it would be prudent to invest in steel stocks that are poised to run higher in the second half.

  • Zacks.com highlights: Domtar, Hitachi, ArcelorMittal, Metlife and Xcerra
    Zacks19 days ago

    Zacks.com highlights: Domtar, Hitachi, ArcelorMittal, Metlife and Xcerra

    Zacks.com highlights: Domtar, Hitachi, ArcelorMittal, Metlife and Xcerra

  • Reuters19 days ago

    Italy delays handover of Ilva steelworks to ArcelorMittal

    Italy's new government has postponed its planned handover of the heavily polluting Ilva steel plant, Europe's largest, to ArcelorMittal by two and a half months to Sept. 15 as Rome seeks more time to rejig the terms of the deal. The plant in southern Italy has been under state-supervised special administration since 2015, after magistrates said it must be cleaned up or closed. ArcelorMittal, the world's largest steelmaker, agreed last year to buy it and fix the problems.

  • 7 Low Price-to-Sales Stocks to Design a Profitable Portfolio
    InvestorPlace20 days ago

    7 Low Price-to-Sales Stocks to Design a Profitable Portfolio

    If the price-to-sales ratio is 1, it means that investors are paying $1 for every $1 of revenues generated by the company. Thus, a stock with a lower price-to-sales ratio is a more suitable investment versus a stock with a high price-to-sales ratio.

  • Top Ranked Value Stocks to Buy for June 27th
    Zacks20 days ago

    Top Ranked Value Stocks to Buy for June 27th

    Top Ranked Value Stocks to Buy for June 27th

  • Why Should You Add ArcelorMittal (MT) to Your Portfolio?
    Zacks21 days ago

    Why Should You Add ArcelorMittal (MT) to Your Portfolio?

    Based on its strong fundamentals and compelling prospects, we believe ArcelorMittal (MT) has plenty of upside potential.

  • India’s Push to Fast-Track Bankruptcies
    Bloomberg21 days ago

    India’s Push to Fast-Track Bankruptcies

    On the third floor of a government complex in New Delhi, the National Company Law Tribunal’s appeals court is crammed with lawyers wearing formal black suits and white neckbands that hark back to the British Raj. It might not be immediately apparent, but here in this courtroom, billions of dollars—and the reform record of Prime Minister Narendra Modi—are at stake. On this sweltering afternoon, two of India’s best-known lawyers are arguing over assets belonging to one of many overextended Indian corporations—the bankrupt giant Essar Steel.

  • Italy to ask for postponement of Ilva handover to ArcelorMittal - sources
    Reuters21 days ago

    Italy to ask for postponement of Ilva handover to ArcelorMittal - sources

    Italy's new government will ask for a postponement of a planned July 1 handover of the Ilva steel plant to ArcelorMittal (MT.AS) as it seeks more time to rejig the terms of the deal, two sources with knowledge of the matter said. The government is also thinking of giving Ilva a bridge loan to allow the steelmaker, the largest in Europe, to cover its production costs in the coming months, the sources said. ArcelorMittal declined to comment while a spokeswoman for Industry Minister Luigi Di Maio said she could not confirm the delay or the loan.

  • Top Ranked Value Stocks to Buy for June 25th
    Zacks22 days ago

    Top Ranked Value Stocks to Buy for June 25th

    Top Ranked Value Stocks to Buy for June 25th

  • The Zacks Analyst Blog Highlights: Nike, Morgan Stanley, FedEx, TOTAL and ArcelorMittal
    Zacks25 days ago

    The Zacks Analyst Blog Highlights: Nike, Morgan Stanley, FedEx, TOTAL and ArcelorMittal

    The Zacks Analyst Blog Highlights: Nike, Morgan Stanley, FedEx, TOTAL and ArcelorMittal

  • Commercial Metals (CMC) Q3 Earnings in Line, Revenues Lag
    Zacks25 days ago

    Commercial Metals (CMC) Q3 Earnings in Line, Revenues Lag

    Indicators of macroeconomic and market conditions in both the United States and Poland suggest economic growth and robust long steel product demand, which bodes well for Commercial Metal (CMC).

  • Moody's25 days ago

    ArcelorMittal -- Moody's upgrades ArcelorMittal's ratings to Baa3; stable outlook

    Moody's Investors Service (Moody's) has today assigned a Baa3 long term issuer rating to ArcelorMittal, the world's largest steel producing company. "Today's upgrade reflects our expectation that ArcelorMittal will continue to reduce leverage on the back of improved earnings and operating cash flow, and that it will preserve its strengthened financial profile by prudently managing any future investments and M&A," says Gianmarco Migliavacca, Vice President Senior Credit Officer and the lead analyst for ArcelorMittal. Moody's has also withdrawn ArcelorMittal's corporate family rating (CFR) of Ba1 and probability of default rating (PDR) of Ba1-PD following its upgrade to Baa3, as per the rating agency's practice for corporates with investment grade ratings.

  • 7 Low Price-to-Sales Stocks to Strengthen Your Portfolio
    InvestorPlace26 days ago

    7 Low Price-to-Sales Stocks to Strengthen Your Portfolio

    When considering valuation metrics, price-to-earnings ratio has always been the obvious choice as calculations based on earnings are easy and come in handy. While a loss-making company with a negative price-to-earnings ratio falls out of investor favor, price-to-sales could indicate the hidden strength of its business. A stock’s price-to-sales ratio reflects how much investors are paying for each dollar of revenues generated by the company.

  • Reuters26 days ago

    Exclusive - JSW Steel plans bid for ArcelorMittal's Romanian plant

    LONDON/MUMBAI (Reuters) - India's biggest steelmaker JSW Steel (JSTL.NS) is expected to make a bid for ArcelorMittal's (MT.AS) Galati plant in Romania, three sources told Reuters, potentially competing against Ukraine's Metinvest and Italy's Marcegaglia. ArcelorMittal, the world's biggest steelmaker, has had to put six European assets up for sale to get approval from European competition authorities for its purchase of Italy's giant Ilva plant. Analysts at investment bank Jefferies estimate the combined value of the assets up for sale is $752-940 million and Galati, the country's biggest steel plant employing about 5,600 people, is the largest of those assets.

  • New Strong Buy Stocks for June 21st
    Zacks26 days ago

    New Strong Buy Stocks for June 21st

    New Strong Buy Stocks for June 21st

  • 4 Top Ranked Value Stocks to Buy for June 20th
    InvestorPlace27 days ago

    4 Top Ranked Value Stocks to Buy for June 20th

    Here are four stocks with buy rank and strong value characteristics for investors to consider today, June 20th: