Summary
25.69 0.27(1.04%)10/04/2024
ArcelorMittal (MT)
ArcelorMittal (MT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 1.04 | -1.10 | 16.51 | 10.52 | -6.12 | 6.93 | 101.97 | -58.35 |
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| Trading Data | ||
| Close | 25.69 | |
| Open | 25.63 | |
| High | 25.73 | |
| Low | 25.52 | |
| Volume | 1,346,513 | |
| Change | 0.27 | |
| Change % | 1.04 | |
| Avg Volume (20 Days) | 1,540,923 | |
| Volume/Avg Volume (20 Days) Ratio | 0.87 | |
| 52 Week Range | 20.52 - 29.01 | |
| Price vs 52 Week High | -11.46% | |
| Price vs 52 Week Low | 25.17% | |
| Range | 0.21 | |
| Gap Up/Down | -0.04 | |
Fundamentals | ||
| Market Capitalization (Mln) | 20,365 | |
| EBIDTA | 5,471,000,064 | |
| PE Ratio | 26.3093 | |
| PEG Ratio | 0.6528 | |
| WallStreet Target Price | 32.57 | |
| Book Value | 65.4350 | |
| Earnings Per Share | 0.9700 | |
| EPS Estimate Current Quarter | 0.9400 | |
| EPS Estimate Next Quarter | 0.8700 | |
| EPS Estimate Current Year | 4.2800 | |
| EPS Estimate Next Year | 5.2800 | |
| Diluted EPS (TTM) | 0.9700 | |
| Revenues | ||
| Profit Marging | 0.0115 | |
| Operating Marging (TTM) | 0.0658 | |
| Return on asset (TTM) | 0.0202 | |
| Return on equity (TTM) | 0.0153 | |
| Revenue TTM | 66,055,999,488 | |
| Revenue per share TTM | 39.8170 | |
| Quarterly Revenue Growth (YOY) | -0.1200 | |
| Quarterly Earnings Growth (YOY) | -0.0870 | |
| Gross Profit (TTM) | 14,016,000,000 | |
| Dividends | ||
| Dividend Share | 0.5000 | |
| Dividend Yield | 0.0196 | |
| Valuations | ||
| Trailing PE | 26.3093 | |
| Forward PE | 6.5963 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.4056 | |
| Revenue Enterprise Value | 0.3724 | |
| EBITDA Enterprise Value | 5.1961 | |
| Shares | ||
| Shares Outstanding | 804,009,984 | |
| Shares Float | 478,328,760 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.01 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 4.61 | |
09/30 09:46 EST - globenewswire.com
On the 20th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for a firm action plan for steel
30th September 2024, 15:45 CET On the occasion of the 20 th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for European Union support for emergency trade measures, and a firm action plan for steel, to keep steelmaking alive in Europe It is 20 years since Mittal Steel acquired Polskie Huty Stali in 2004, when the business was put up for privatisation by the Polish government. Since then, the business has been transformed and modernised through significant investment.
On the 20th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for a firm action plan for steel
30th September 2024, 15:45 CET On the occasion of the 20 th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for European Union support for emergency trade measures, and a firm action plan for steel, to keep steelmaking alive in Europe It is 20 years since Mittal Steel acquired Polskie Huty Stali in 2004, when the business was put up for privatisation by the Polish government. Since then, the business has been transformed and modernised through significant investment.
09/27 09:06 EST - benzinga.com
Top 4 Materials Stocks That May Implode In Q3
As of Sept. 27, 2024, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Top 4 Materials Stocks That May Implode In Q3
As of Sept. 27, 2024, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
09/26 12:41 EST - zacks.com
ArcelorMittal's XCarb Fund Invests $5 Million in Utility Global
MT invests $5 million in Utility Global to advance hydrogen technology and carbon capture for steel decarbonization.
ArcelorMittal's XCarb Fund Invests $5 Million in Utility Global
MT invests $5 million in Utility Global to advance hydrogen technology and carbon capture for steel decarbonization.
09/25 14:10 EST - businesswire.com
Utility Global Raises $53 Million of Ongoing Series C Financing
HOUSTON--(BUSINESS WIRE)--Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, today announced that it has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE: MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures. This investment is part of Utility Global's current.
Utility Global Raises $53 Million of Ongoing Series C Financing
HOUSTON--(BUSINESS WIRE)--Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, today announced that it has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE: MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures. This investment is part of Utility Global's current.
09/25 10:07 EST - globenewswire.com
ArcelorMittal's XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
ArcelorMittal's XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
ArcelorMittal's XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
ArcelorMittal's XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
09/25 05:30 EST - globenewswire.com
ArcelorMittal holds investor day in India
Event highlights India's position as world's fastest growing steel market and AM/NS India's vision to become the benchmark for quality, scale and sustainability in Indian steelmaking
ArcelorMittal holds investor day in India
Event highlights India's position as world's fastest growing steel market and AM/NS India's vision to become the benchmark for quality, scale and sustainability in Indian steelmaking
09/23 10:35 EST - businesswire.com
Saudi Arabia Leads G20 Countries in Tourism Growth, According to Latest UN Tourism Barometer
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Saudi Arabia Leads G20 Countries in Tourism Growth, According to Latest UN Tourism Barometer.
Saudi Arabia Leads G20 Countries in Tourism Growth, According to Latest UN Tourism Barometer
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Saudi Arabia Leads G20 Countries in Tourism Growth, According to Latest UN Tourism Barometer.
09/17 07:48 EST - reuters.com
ArcelorMittal's India JV seeks duty-free LNG imports, letter shows
ArcelorMittal's India joint venture has called on New Delhi to remove the import tax on liquefied natural gas (LNG) for steelmaking to help the company cut its production costs and meet decarbonisation goals, a letter seen by Reuters showed.
ArcelorMittal's India JV seeks duty-free LNG imports, letter shows
ArcelorMittal's India joint venture has called on New Delhi to remove the import tax on liquefied natural gas (LNG) for steelmaking to help the company cut its production costs and meet decarbonisation goals, a letter seen by Reuters showed.
09/04 05:09 EST - seekingalpha.com
ArcelorMittal: Likely Past The Cyclical Low
ArcelorMittal's Q2 2024 EBITDA was $1.5 billion, showing resilience despite lower steel prices; management expects further EBITDA decline in Q3 due to weak demand. Steel prices have likely bottomed, with market corrections and production cuts in China positioning ArcelorMittal for recovery. Strategic capex in Brazil and India is set to drive a 25% EBITDA increase, supporting a positive long-term outlook and potential market rebound.
ArcelorMittal: Likely Past The Cyclical Low
ArcelorMittal's Q2 2024 EBITDA was $1.5 billion, showing resilience despite lower steel prices; management expects further EBITDA decline in Q3 due to weak demand. Steel prices have likely bottomed, with market corrections and production cuts in China positioning ArcelorMittal for recovery. Strategic capex in Brazil and India is set to drive a 25% EBITDA increase, supporting a positive long-term outlook and potential market rebound.
08/28 14:30 EST - benzinga.com
ArcelorMittal's Low Valuation Offers Significant Upside, Despite European Market Woes, Says Deutsche Bank
Deutsche Bank analyst Bastian Synagowitz upgraded Arcelor Mittal NY MT to Buy from Hold and raised the price target from $29 to $31.
ArcelorMittal's Low Valuation Offers Significant Upside, Despite European Market Woes, Says Deutsche Bank
Deutsche Bank analyst Bastian Synagowitz upgraded Arcelor Mittal NY MT to Buy from Hold and raised the price target from $29 to $31.
08/22 08:40 EST - zacks.com
ArcelorMittal (MT) Brazil Inks Contracts for Solar Energy Projects
The projects complement ArcelorMittal (MT) Brazil's goals of securing and decarbonizing its future electricity requirements.
ArcelorMittal (MT) Brazil Inks Contracts for Solar Energy Projects
The projects complement ArcelorMittal (MT) Brazil's goals of securing and decarbonizing its future electricity requirements.
08/20 05:26 EST - seekingalpha.com
ArcelorMittal: Further Upside In Steel, Investing More
Despite macroeconomic challenges, ArcelorMittal's strong fundamentals and growth prospects make it a compelling buy for investors. ArcelorMittal is currently undervalued, presenting a good opportunity for investment with potential for significant upside. Recent financial results show positive growth and strategic investments, indicating a promising future for the company.
ArcelorMittal: Further Upside In Steel, Investing More
Despite macroeconomic challenges, ArcelorMittal's strong fundamentals and growth prospects make it a compelling buy for investors. ArcelorMittal is currently undervalued, presenting a good opportunity for investment with potential for significant upside. Recent financial results show positive growth and strategic investments, indicating a promising future for the company.
08/12 12:16 EST - zacks.com
ArcelorMittal (MT) Closes Strategic 28% Stake Buy in Vallourec
ArcelorMittal (MT) acquires a 28.4% stake in Vallourec, emphasizing its strategic alignment with growth in clean energy markets and bolstering its investment portfolio.
ArcelorMittal (MT) Closes Strategic 28% Stake Buy in Vallourec
ArcelorMittal (MT) acquires a 28.4% stake in Vallourec, emphasizing its strategic alignment with growth in clean energy markets and bolstering its investment portfolio.
08/09 10:55 EST - zacks.com
3 Steel Producer Stocks to Watch Amid Industry Challenges
Slumping steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. PKX, MT and CMC are well poised to navigate the current challenging environment.
3 Steel Producer Stocks to Watch Amid Industry Challenges
Slumping steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. PKX, MT and CMC are well poised to navigate the current challenging environment.
08/06 01:29 EST - globenewswire.com
ArcelorMittal S.A.: ArcelorMittal completes acquisition of strategic stake in Vallourec
06 August 2024, 07:30 CET ArcelorMittal today announces that following the signature of a Share Purchase Agreement on 12 March 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition of 65,243,206 shares, representing c.28.41% equity interest in Vallourec, for €14.64 per share from funds managed by Apollo Global Management Inc., for a total consideration of approximately €955 million, subject to successful completion of the settlement. Following completion of this transaction, the appointment of Mr.
ArcelorMittal S.A.: ArcelorMittal completes acquisition of strategic stake in Vallourec
06 August 2024, 07:30 CET ArcelorMittal today announces that following the signature of a Share Purchase Agreement on 12 March 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition of 65,243,206 shares, representing c.28.41% equity interest in Vallourec, for €14.64 per share from funds managed by Apollo Global Management Inc., for a total consideration of approximately €955 million, subject to successful completion of the settlement. Following completion of this transaction, the appointment of Mr.
08/02 12:02 EST - globenewswire.com
ArcelorMittal S.A.: ArcelorMittal announces publication of its 2024 half-year report
02 August 2024, 18:00 CET ArcelorMittal (the ‘Company') has today published its half-year report for the six-month period ended 30 June 2024. The report is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports, and on the electronic database of the Luxembourg Stock Exchange (www.bourse.lu/).
ArcelorMittal S.A.: ArcelorMittal announces publication of its 2024 half-year report
02 August 2024, 18:00 CET ArcelorMittal (the ‘Company') has today published its half-year report for the six-month period ended 30 June 2024. The report is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports, and on the electronic database of the Luxembourg Stock Exchange (www.bourse.lu/).
08/02 09:35 EST - zacks.com
ArcelorMittal's (MT) Q2 Earnings and Revenues Miss Estimates
ArcelorMittal's (MT) second-quarter earnings and sales miss estimates on lower steel shipments and a fall in average selling price.
ArcelorMittal's (MT) Q2 Earnings and Revenues Miss Estimates
ArcelorMittal's (MT) second-quarter earnings and sales miss estimates on lower steel shipments and a fall in average selling price.
08/01 13:54 EST - seekingalpha.com
ArcelorMittal S.A. (MT) Q2 2024 Earnings Call Transcript
ArcelorMittal S.A. (NYSE:MT ) Q2 2024 Results Conference Call August 1, 2024 9:30 AM ET Company Participants Daniel Fairclough - Vice President, Investor Relations Genuino Christino - Chief Financial Officer Conference Call Participants Alain Gabriel - Morgan Stanley Tristan Gresser - BNP Exane Patrick Mann - Bank of America Cole Hathorn - Jefferies Tom Zhang - Barclays Ephrem Ravi - Citi Dominic O'Kane - JPMorgan Matt Greene - Goldman Sachs Andrew Jones - UBS Max Kogge - ODDO Bastian Synagowitz - Deutsche Bank Daniel Fairclough Good afternoon, everyone.
ArcelorMittal S.A. (MT) Q2 2024 Earnings Call Transcript
ArcelorMittal S.A. (NYSE:MT ) Q2 2024 Results Conference Call August 1, 2024 9:30 AM ET Company Participants Daniel Fairclough - Vice President, Investor Relations Genuino Christino - Chief Financial Officer Conference Call Participants Alain Gabriel - Morgan Stanley Tristan Gresser - BNP Exane Patrick Mann - Bank of America Cole Hathorn - Jefferies Tom Zhang - Barclays Ephrem Ravi - Citi Dominic O'Kane - JPMorgan Matt Greene - Goldman Sachs Andrew Jones - UBS Max Kogge - ODDO Bastian Synagowitz - Deutsche Bank Daniel Fairclough Good afternoon, everyone.
08/01 10:36 EST - zacks.com
Compared to Estimates, ArcelorMittal (MT) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for ArcelorMittal (MT) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Compared to Estimates, ArcelorMittal (MT) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for ArcelorMittal (MT) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
08/01 01:00 EST - globenewswire.com
ArcelorMittal S.A.: ArcelorMittal reports second quarter 2024 and half year 2024 results
Luxembourg, August 1 , 20 24 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and six-month periods ended June 30, 2024.
ArcelorMittal S.A.: ArcelorMittal reports second quarter 2024 and half year 2024 results
Luxembourg, August 1 , 20 24 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and six-month periods ended June 30, 2024.