In the latest trading session,, 0.76 million ArcelorMittal (NYSE:MT) shares changed hands as the company’s beta touched 1.64. With the company’s most recent per share price at $31.45 changing hands around $0.31 or 1.01% at last look, the market valuation stands at $24.17B. MT’s current price is a discount, trading about -10.97% off its 52-week high of $34.90. The share price had its 52-week low at $20.52, which suggests the last value was 34.75% up since then.
Analysts gave the ArcelorMittal (MT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.94. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended MT as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. ArcelorMittal’s EPS for the current quarter is expected to be 1.01.
ArcelorMittal (NYSE:MT) trade information
Instantly MT is in green as seen in intraday trades today. With action 0.27%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 35.99%, with the 5-day performance at 0.27% in the green. However, in the 30-day time frame, ArcelorMittal (NYSE:MT) is 13.27% up.
The consensus price target for the stock as assigned by Wall Street analysts is 36.2, meaning bulls need an upside of 13.12% from its recent market value. According to analyst projections, MT’s forecast low is 36.2 with 36.2 as the target high. To hit the forecast high, the stock’s price needs a -15.1% plunge from its current level, while the stock would need to soar -15.1% for it to hit the projected low.
ArcelorMittal (MT) estimates and forecasts
Year-over-year growth is forecast to reach -3.79% down from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 15.49B. 6 analysts are of the opinion that ArcelorMittal’s revenue for the current quarter will be 15.04B. The company’s revenue for the corresponding quarters a year ago was 16.25B and 15.2B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -4.66%. The estimates for the next quarter sales put growth at -1.04%.
The 2025 estimates are for ArcelorMittal earnings to increase by 131.91%, but the outlook for the next 5-year period is at 47.53% per year.
MT Dividends
ArcelorMittal is expected to release its next quarterly earnings report in June. The 1.67% annual yield figure for the share gives it an annual dividend of 0.53. It is important to note, however, that the 1.67% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds the second largest percentage of outstanding shares, with 0.3617% or 2.92 million shares worth $66.84 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core MSCI EAFE ETF and -Price (T.Rowe) International Value Equity Trust . With 3.04 shares estimated at $95.45 million under it, the former controlled 0.36% of total outstanding shares. On the other hand, -Price (T.Rowe) International Value Equity Trust held about 0.32% of the shares, roughly 2.69 shares worth around $84.51 million.
