ArcelorMittal (MT) Expected to Announce Earnings on Friday

ArcelorMittal (NYSE:MT - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.82 per share and revenue of $15.11 billion for the quarter.

ArcelorMittal (NYSE:MT - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The basic materials company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.61 by ($0.09). ArcelorMittal had a net margin of 2.14% and a return on equity of 4.31%. On average, analysts expect ArcelorMittal to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

ArcelorMittal Stock Performance

MT opened at $29.41 on Friday. The company has a quick ratio of 0.59, a current ratio of 1.35 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average of $28.98 and a 200-day moving average of $26.09. ArcelorMittal has a 12-month low of $20.52 and a 12-month high of $34.90. The stock has a market cap of $24.09 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 0.14 and a beta of 1.60.

ArcelorMittal Dividend Announcement

The business also recently announced a semi-annual dividend, which will be paid on Wednesday, December 3rd. Investors of record on Thursday, November 13th will be issued a dividend of $0.275 per share. This represents a dividend yield of 1.5%. The ex-dividend date is Wednesday, November 12th. ArcelorMittal's payout ratio is 27.88%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised ArcelorMittal from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $29.00 to $31.70 in a report on Thursday, April 10th. Morgan Stanley downgraded ArcelorMittal from an "overweight" rating to an "equal weight" rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of ArcelorMittal in a report on Monday, April 14th. Finally, Jefferies Financial Group lowered ArcelorMittal from a "buy" rating to a "hold" rating and set a $36.20 price objective on the stock. in a research note on Wednesday, March 26th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $32.95.

ArcelorMittal Company Profile

ArcelorMittal SA, 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.

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