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How to buy ArcelorMittal (MT) stocks in Canada

Learn how to easily invest in ArcelorMittal stocks.

ArcelorMittal is a steel business based in the US. ArcelorMittal stocks (MT.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $31.23 – a decrease of 4.45% over the previous week. ArcelorMittal employs 168,000 staff and has a trailing 12-month revenue of around $69.9 billion.

How to buy shares in ArcelorMittal

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MT – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

ArcelorMittal stock price (NYSE:MT)

Use our graph to track the performance of MT stocks over time.

ArcelorMittal shares at a glance

Information last updated 2022-01-18.
Latest market close$35.62
52-week range$20.31 - $37.87
50-day moving average $31.43
200-day moving average $31.72
Wall St. target price$48.87
PE ratio 3.5265
Dividend yield $0.3 (0.81%)
Earnings per share (TTM) $10.55

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Is it a good time to buy ArcelorMittal stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

ArcelorMittal price performance over time

Historical closes compared with the close of $35.62 from 2022-01-19

1 week (2022-01-13) -4.45%
1 month (2021-12-17) 11.21%
3 months (2021-10-20) 8.50%
6 months (2021-07-20) 17.99%
1 year (2021-01-20) 51.77%
2 years (2020-01-17) 119.47%
3 years (2019-01-18) 57.40%
5 years (2017-01-20) 334.92%

Is ArcelorMittal under- or over-valued?

Valuing ArcelorMittal stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ArcelorMittal's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

ArcelorMittal's P/E ratio

ArcelorMittal's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, ArcelorMittal shares trade at around 4x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

ArcelorMittal's PEG ratio

ArcelorMittal's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.6528. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into ArcelorMittal's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

ArcelorMittal's EBITDA

ArcelorMittal's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $17 billion.

The EBITDA is a measure of a ArcelorMittal's overall financial performance and is widely used to measure a its profitability.

ArcelorMittal financials

Revenue TTM $69.9 billion
Operating margin TTM 21.03%
Gross profit TTM $4.8 billion
Return on assets TTM 10.78%
Return on equity TTM 2921.62%
Profit margin 17.32%
Book value $48.52
Market capitalisation $36.5 billion

TTM: trailing 12 months

ArcelorMittal share dividends


Dividend payout ratio: 3.05% of net profits

Recently ArcelorMittal has paid out, on average, around 3.05% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.81% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ArcelorMittal shareholders could enjoy a 0.81% return on their shares, in the form of dividend payments. In ArcelorMittal's case, that would currently equate to about $0.3 per share.

While ArcelorMittal's payout ratio might seem low, this can signify that ArcelorMittal is investing more in its future growth.

ArcelorMittal's most recent dividend payout was on 15 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 10 June 2021 (the "ex-dividend date").

Have ArcelorMittal's shares ever split?

ArcelorMittal's shares were split on a 1:3 basis on 22 May 2017. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your ArcelorMittal shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for ArcelorMittal shares which in turn could have impacted ArcelorMittal's share price.

ArcelorMittal share price volatility

Over the last 12 months, ArcelorMittal's shares have ranged in value from as little as $20.3102 up to $37.87. A popular way to gauge a stock's volatility is its "beta".

MT.US volatility(beta: 2.09)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while ArcelorMittal's is 2.0909. This would suggest that ArcelorMittal's shares are significantly more volatile than the average for this exchange and represent a higher risk.

ArcelorMittal overview

ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as 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, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. Its principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. The company 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. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, and Ukraine; and coal mining activities in Kazakhstan. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg. .

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