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Market Cap 23.31B P/E 3.87 EPS this Y -47.10% Ern Qtrly Grth -72.90%
Income -595M Forward P/E 5.89 EPS next Y 38.20% 50D Avg Chg 2.00%
Sales 63.7B PEG 0.67 EPS past 5Y 14.55% 200D Avg Chg 1.00%
Dividend 2.00% Price/Book 0.84 EPS next 5Y 12.81% 52W High Chg -14.00%
Recommedations 2.20 Quick Ratio 0.49 Shares Outstanding 777.81M 52W Low Chg 45.00%
Insider Own - ROA 1.44% Shares Float 444.60M Beta 1.75
Inst Own 4.27% ROE -0.96% Shares Shorted/Prior 4.75M/5.12M Price 27.82
Gross Margin 7.62% Profit Margin -0.93% Avg. Volume 2,085,270 Target Price 31.75
Oper. Margin 6.44% Earnings Date Nov 7 Volume 2,038,298 Change -2.42%
About Arcelor Mittal NY Registry Shar

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the United States, Europe, and internationally. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Liberia, Mexico, South Africa, and Ukraine. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.

Arcelor Mittal NY Registry Shar News
10/16/24 ArcelorMittal Partners With VELUX for Low Carbon-Emission Steel
10/15/24 VELUX Group signs long-term agreement with ArcelorMittal to supply low carbon-emission steel
10/15/24 ArcelorMittal to Acquire Nippon Steel's Interest in Calvert JV
10/14/24 ArcelorMittal to buy Nippon Steel’s Calvert stake if US Steel deal successful
10/11/24 Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal
10/11/24 Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed
10/11/24 Nippon Steel agrees to sell its interest in Calvert to ArcelorMittal, at the request of NSC pursuant to its agreed acquisition of US Steel
10/09/24 ‘King of steel’ in £117m legal row with rival British tycoon
10/09/24 New Strong Sell Stocks for October 9th
10/09/24 ArcelorMittal announces recommendations from dss+ workplace safety audit
10/08/24 ArcelorMittal Offers Ladle Furnace for Steel Industry's Transition
09/30/24 On the 20th anniversary of ArcelorMittal Poland, ArcelorMittal Europe CEO Geert Van Poelvoorde calls for a firm action plan for steel
09/26/24 ArcelorMittal Outlines Robust Growth in Indian Market
09/26/24 ArcelorMittal's XCarb Fund Invests $5 Million in Utility Global
09/25/24 ArcelorMittal’s XCarb® Innovation fund invests in Utility Global to progress its gas processing technology
09/25/24 ArcelorMittal holds investor day in India
09/17/24 ArcelorMittal (AMS:MT) shareholders have earned a 11% CAGR over the last five years
08/22/24 ArcelorMittal (MT) Brazil Inks Contracts for Solar Energy Projects
08/22/24 ArcelorMittal Brazil signs contracts for two solar energy projects
08/16/24 National Steel (SID) Q2 Earnings Beat Estimates, Revenues Dip Y/Y
MT Chatroom

User Image BigBreakingWire Posted - 13 hours ago

🚨 Steel Demand Outlook For 2024-2025: Global Demand To Fall By 0.9%, India Projected For 8% Growth While China Faces 3% Decline Read more 👇 https://bigbreakingwire.in/steel-demand-outlook-for-2024-2025-global-demand-to-fall-by-0-9-india-projected-for-8-growth-while-china-faces-3-decline/ $X $MT $TATASTEEL.NSE $SPY $QQQ

User Image Stinger2023 Posted - 1 week ago

$MT $NPSCY $X - they are positioning themselves for this thing to be done. I think with this move, Anti-Trust issues will be resolved with them divesting their stake in that joint venture. That will get passed by regulators as they realize that w is no bad intentions here- it is a clean purchase. The Union will realize it is a losing battle and not good for them.

User Image themacromindset Posted - 1 week ago

$MT - Nippon Steel agrees to sell its interest in Calvert to ArcelorMittal, at the request of NSC pursuant to its agreed acquisition of US Steel

User Image DonCorleone77 Posted - 1 week ago

$MT $X $NPSCY ArcelorMittal to buy Nippon Steel interest in JV to address U.S. Steel concerns ArcelorMittal (MT) announced it has entered into a definitive equity purchase agreement with Nippon Steel (NPSCY), or NSC, pursuant to which ArcelorMittal will purchase NSC's 50% equity interest in the AM/NS Calvert Joint Venture. The transaction has been entered in to at the request of NSC to address regulatory concerns pursuant to its agreed acquisition of U.S. Steel (X). The transaction is subject to NSC completing its pending acquisition of U.S. Steel, which is subject to various other regulatory requirements. Under the terms of the agreement, ArcelorMittal will pay $1 consideration for the transaction; further, NSC will inject cash and forgive partner loans in an amount estimated to be approximately $900M. There are no assurances or guarantees that NSC will complete its acquisition of US Steel. Should NSC not complete its acquisition of U.S. Steel, then the agreement will not come into effect and the AM/NS Calvert Joint Venture will continue.

User Image Stock_Titan Posted - 09/25/24

$MT Utility Global Raises $53 Million of Ongoing Series C Financing https://www.stocktitan.net/news/MT/utility-global-raises-53-million-of-ongoing-series-c-irlxk7eubwea.html

User Image Stock_Titan Posted - 09/25/24

$MT ArcelorMittal’s XCarb® Innovation fund invests in Utility Global to progress its gas processing technology https://www.stocktitan.net/news/MT/arcelor-mittal-s-x-carb-r-innovation-fund-invests-in-utility-global-t63ks67hiawt.html

User Image Aigner_Andreas Posted - 09/24/24

TD SELL $MT at 25.01, Supp 21.75 Resis 27.00 R24 HiLo 52% T1Y 33 buy 1.8 DIV 1.63% #ArcelorMit #stocks #trading #finance #market

User Image YborOgre Posted - 09/24/24

$MT posting here because no one else is. Great day for MT!

User Image Napalm1 Posted - 1 month ago

The uranium sector is already in a global structural deficit that can’t be solved in 2 years time Putin knows this… This is an electroshock for utilities of western reactors While all major uranium producers are already short of uranium to honor all their supply commitments of 2H2024/2025 Bullish URA URNM SRUUF & individual uranium companies $DNN $NXE $RIO $MT $XOM

User Image ChristaBoarts Posted - 1 month ago

$MT This stock operates in the steel and mining sector, providing essential materials for construction and manufacturing. Its performance is influenced by trends in industrial production and global demand for steel.

User Image Stocksrunner Posted - 08/28/24

🔥 Today’s Analyst Upgrades: $VIST Buy rating by BofA for strong Vaca Muerta exposure. $MT Upgraded to Buy by Deutsche Bank for cash flow strength. $AVAV Baird upgrades on $990M U.S. Army contract. $LW Now a Strong Buy. $FI BTIG says Buy, growth investments set to pay off. https://stocksrunner.com/posts?id=1087

User Image erevnon Posted - 08/28/24

Deutsche Bank upgrades ArcelorMittal $MT from Hold to Buy and raises the price target from $29 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image basscat12 Posted - 08/28/24

$DKL $MT $EYPY Morning Mashup, page 4, Highlighted Analyst Activity, courtesy @TheTradeXchange "Built For Traders, By Traders" and presented with @Vegas1 to help prepare for today's market!

User Image insidemoney Posted - 08/27/24

$MT ArcelorMittal 14-Day RSI: 60.2 % from 52-Week Low: +14.0% % from 52-Week High: -19.4% Open Interest: 75,954 % Change: 0% Put/Call Ratio: 0.78 % Change: 0.0%

User Image insidemoney Posted - 08/26/24

$MT ArcelorMittal 14-Day RSI: 59.7 % from 52-Week Low: +13.7% % from 52-Week High: -19.6% Open Interest: 75,937 % Change: 0% Put/Call Ratio: 0.78 % Change: +0.7%

User Image insidemoney Posted - 08/23/24

Options Volume (Aug 22) $WULF Terawulf % Change 0.20% Trade Count 1,263 Total Notional 805.2 K 90 Day Average 1.85 M Calls 779.2 K Puts 26 K $MT Arcelormittal % Change -1.90% Trade Count 132 Total Notional 114.4 K 90 Day Average 263.2 K Calls 64.9 K Puts 49.5 K

User Image Stock_Titan Posted - 2 months ago

$MT ArcelorMittal S.A.: ArcelorMittal completes acquisition of strategic stake in Vallourec https://www.stocktitan.net/news/MT/arcelor-mittal-s-a-arcelor-mittal-completes-acquisition-of-strategic-1mkjcsimely9.html

User Image epsguid Posted - 2 months ago

$MT reported earnings of $0.63, consensus was $1.12 via @eWhispers #epsmiss http://eps.sh/d/mt

User Image DonCorleone77 Posted - 2 months ago

$MT ArcelorMittal reports Q2 EPS 63c, consensus 75c Reports Q2 revenue $16.25B, consensus $16.52B. The company said, "The Company continued to make good progress in the first half of the year. Starting with safety, the comprehensive dss+ audit of all matters safety related is nearing completion. There has been excellent engagement at all levels across the Group and no doubt the learnings and recommendations will be instrumental in helping us achieve our safety goals. Our pipeline of attractive strategic growth projects, which combined with recent acquisitions, have the estimated potential to increase EBITDA by $2.0 billion, are starting to come on-line. The Vega CMC is ramping up and the 1GW renewables project in India has now started commissioning, with several other projects due to complete this year. Demand continues to grow for our XCarb recycled and renewably produced steels, which are currently shining brightly on the Eiffel Tower and Arc de Triomphe in the form of the Olympic "Spectacular" rings and Paralympic "Agitos". As important as our low carbon steel products, are our climate solutions. We have recently launched the new HyMatch brand for hydrogen transport pipelines supporting the implementation of hydrogen infrastructure globally and the recent acquisition of Italpannelli's Italian and Spanish businesses, builds our exposure to the attractive insulation panels market for low carbon emissions buildings. We also continue to progress our decarbonization agenda, with groundbreaking having taken place on the new 1.1 million tonne electric arc furnace in Gijon. Financially, performance in the second quarter was broadly similar to the first, reflecting the continued subdued economic sentiment. Inventories are at a low level which will support apparent steel demand growth ex-China of between 2.5% and 3% this year. The Company enjoys a healthy balance sheet, from which it can continue to invest for growth and market share and consistently return cash to shareholders."

User Image Stock_Titan Posted - 2 months ago

$MT ArcelorMittal S.A.: ArcelorMittal reports second quarter 2024 and half year 2024 results https://www.stocktitan.net/news/MT/arcelor-mittal-s-a-arcelor-mittal-reports-second-quarter-2024-and-ftu0ux0jzzl3.html

User Image epsguid Posted - 07/31/24

Options are priced for bigger-than-average #earnings move for $MT reporting 8/1/2024 via @eWhispers #volatility http://eps.sh/s/mt

User Image Stock_Titan Posted - 07/23/24

$MT ArcelorMittal S.A.: ArcelorMittal announces publication of its second quarter 2024 sell-side analyst consensus figures https://www.stocktitan.net/news/MT/arcelor-mittal-s-a-arcelor-mittal-announces-publication-of-its-z1g2dbfh4y4j.html

User Image Earningwhisperz Posted - 3 months ago

Earningwhisperz Evening whatchlist: $GRWG $CYN $ACB $MT

User Image souldout Posted - 3 months ago

$FXPO Going to surge if Trump tries to stop war https://news.sky.com/story/ukraine-russia-war-latest-updates-putin-sky-news-blog-12541713 $BHP $VALE $MT

User Image Robertbirch Posted - 06/25/24

$MT tangible book value per share.. low debt. One would consider this a buffet/munger type investment.

User Image Aigner_Andreas Posted - 4 months ago

#DeathCross $MT at 23.61 R12 HiLo 33% T1Y 33 buy 1.8 DIV 1.63% #ArcelorMit #stocks #trading #finance #market

User Image Stock_Titan Posted - 4 months ago

$MT ArcelorMittal Announces Pricing of Bond Issue https://www.stocktitan.net/news/MT/arcelor-mittal-announces-pricing-of-bond-svnjc0n5uzld.html

User Image wha1e Posted - 4 months ago

Mining stocks have lagged metal’s gains this year $GLNCY $NHYDY $RIO $MT

User Image DonCorleone77 Posted - 05/22/24

$MT $BHP ArcelorMittal, BHP Group and others begin pilot carbon capture unit operations ArcelorMittal (MT) and partners Mitsubishi Heavy, BHP (BHP), along with Mitsubishi Development have started operating a pilot carbon capture unit on the blast furnace off-gas at ArcelorMittal Gent in Belgium. The pilot carbon capture unit will operate for one to two years at Gent, to test the feasibility of progress to full-scale deployment of the technology, which would be able to capture a sizeable portion of the Gent site emissions, if successful. Engineers have been working on site since January to assemble and commission the unit. In October 2022, the four parties announced their collaboration on a multi-year trial of MHI's carbon capture technology at multiple carbon dioxide emission points, starting at the Gent steelmaking site. The pilot carbon capture unit will be testing initially with blast furnace and reheating furnace gas and has the potential to be trialed to capture other important steelmaking gases such as reformer flue gas from a Direct Reduced Iron plant. The development of the carbon capture solution at Gent could feed into multiple CO2 transport and storage projects under development in the North Sea region and contribute to global technological solutions required for decarbonization of steel production. The EU has an objective to achieve an annual CO2 storage capacity of 50 million tons by 2030, proposed under the Net-Zero Industry Act. To further understand how MHI's carbon capture technology can be incorporated into existing steel plants, ArcelorMittal is facilitating the trial in Gent, Belgium, with MHI supplying its proprietary carbon capture technology and supporting the engineering studies.

User Image erevnon Posted - 5 months ago

Goldman Sachs initiates coverage on ArcelorMittal $MT at Neutral rating and a price target of https://marketsblock.com/stock-upgrades-and-downgrades/

Analyst Ratings
Deutsche Bank Buy Aug 28, 24
Barclays Overweight Aug 19, 24
Deutsche Bank Hold Aug 2, 24
Goldman Sachs Neutral May 9, 24
Deutsche Bank Hold Apr 16, 24
JP Morgan Overweight Dec 12, 23
B of A Securities Neutral Oct 18, 23
Barclays Equal-Weight Apr 3, 23
UBS Buy Mar 29, 23