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ArcelorMittal (MT)

(Delayed Data from NYSE)

$25.42 USD

25.42
3,171,941

+0.24 (0.95%)

Updated Nov 6, 2024 04:00 PM ET

After-Market: $25.42 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value C Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 14% (215 out of 251)

Industry: Steel - Producers

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Zacks News

ArcelorMittal's (MT) Q2 Earnings Beat, Revenues Lag Estimates

by Zacks Equity Research

ArcelorMittal's (MT) Q2 results benefit from higher average steel pricing.

ArcelorMittal (MT) Gears Up for Q2 Earnings: What's in Store?

by Zacks Equity Research

ArcelorMittal's (MT) Q2 performance is likely to have benefited from cost-reduction actions and higher selling prices.

Do Options Traders Know Something About ArcelorMittal (MT) Stock We Don't?

by Zacks Equity Research

Investors need to pay close attention to ArcelorMittal (MT) stock based on the movements in the options market lately.

ArcelorMittal (MT) Closes 80% Stake Buy in Voestalpine HBI Plant

by Zacks Equity Research

ArcelorMittal's (MT) acquisition improves its ability to manufacture the high-quality input materials required for low-carbon emissions steelmaking.

ArcelorMittal (MT) Signs MoU With RWE for Energy Supply

by Zacks Equity Research

ArcelorMittal (MT) and RWE will work together to develop, build and operate offshore wind farms and hydrogen facilities to supply renewable energy.

Is the Options Market Predicting a Spike in ArcelorMittal (MT) Stock?

by Zacks Equity Research

Investors need to pay close attention to ArcelorMittal (MT) stock based on the movements in the options market lately.

Is Legato Merger (ASTL) a Great Value Stock Right Now?

by Zacks Equity Research

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.

Anindya Barman headshot

U.S. Steelmakers Paint Bullish Q2 Outlook Despite Cooling Prices

by Anindya Barman

While steel prices have witnessed a downward correction, buoyant profit guidance from some major U.S. steel makers has raised optimism about a strong second quarter for the industry.

Should Value Investors Consider ArcelorMittal (MT) Stock Now?

by Zacks Equity Research

Let's see if ArcelorMittal (MT) stock is a good choice for value-oriented investors right now from multiple angles.

The Zacks Analyst Blog Highlights Olympic Steel, Steel Dynamics, Ternium's, Nucor and ArcelorMittal

by Zacks Equity Research

Olympic Steel, Steel Dynamics, Ternium's, Nucor and ArcelorMittal have been included in this Analyst Blog.

Sejuti Banerjea headshot

5 Steel Stocks to Tap Underlying Strength

by Sejuti Banerjea

There is very strong demand ahead for steel producers, so this could be a good time to accumulate some shares.

Wall Street Analysts See a 64% Upside in ArcelorMittal (MT): Can the Stock Really Move This High?

by Zacks Equity Research

The consensus price target hints at a 64.4% upside potential for ArcelorMittal (MT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Is ArcelorMittal (MT) Stock Undervalued Right Now?

by Zacks Equity Research

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.

The Zacks Analyst Blog Highlights Nucor, ArcelorMittal, Olympic Steel, Commercial Metals and TimkenSteel

by Zacks Equity Research

Nucor, ArcelorMittal, Olympic Steel, Commercial Metals and TimkenSteel have been included in this Analyst Blog.

Anindya Barman headshot

Global Steel April Output Dips as Covid Restrictions Hit China

by Anindya Barman

Crude steel production from China slipped 5.2% year over year to 92.8 Mt in April, hit by stringent lockdowns as the country is battling its worst Covid outbreak since the start of the pandemic.

Wall Street Analysts Believe ArcelorMittal (MT) Could Rally 71%: Here's is How to Trade

by Zacks Equity Research

The mean of analysts' price targets for ArcelorMittal (MT) points to a 71.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Is ArcelorMittal (MT) a Great Value Stock Right Now?

by Zacks Equity Research

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.

ArcelorMittal's (MT) Q1 Earnings & Revenues Surpass Estimates

by Zacks Equity Research

ArcelorMittal's (MT) Q1 results benefit from higher average steel pricing and sales.

ArcelorMittal (MT) Buys Majority Stake in Voestalpine HBI Plant

by Zacks Equity Research

ArcelorMittal (MT) acquires an 80% shareholding in Voestalpine's Hot Briquetted Iron plant valued at $1 billion.

ArcelorMittal's (MT) Q4 Earnings and Revenues Beat Estimates

by Zacks Equity Research

ArcelorMittal's (MT) Q4 results benefit from higher average steel pricing. The company raises dividends and announces a new $1-billion share buyback program.

ArcelorMittal (MT) Gains As Market Dips: What You Should Know

by Zacks Equity Research

ArcelorMittal (MT) closed the most recent trading day at $31.83, moving +0.28% from the previous trading session.

ArcelorMittal (MT) Wraps Up Fifth Share Buyback Program

by Zacks Equity Research

ArcelorMittal (MT) bought back 34,080,049 shares and completed the fifth share buyback program.

ArcelorMittal (MT) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

In the latest trading session, ArcelorMittal (MT) closed at $32.50, marking a -0.49% move from the previous day.

ArcelorMittal (MT) Enters Into Share Buyback Transactions

by Zacks Equity Research

ArcelorMittal's (MT) repurchase agreement is a step forward in its ongoing capital return program.

ArcelorMittal (MT) Stock Moves -0.53%: What You Should Know

by Zacks Equity Research

In the latest trading session, ArcelorMittal (MT) closed at $32.03, marking a -0.53% move from the previous day.