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How to Buy Arcelormittal Stock

Arcelormittal

Arcelormittal is a steel company located in Luxembourg, which is part of the Basic Materials sector, and is traded under the ticker MT on the NYSE exchange.

Arcelormittal stock last closed at $25.52, up 1.15% from the previous day, and has decreased 3.7% in one year. It has underperformed other stocks in the Steel industry by 0.21 percentage points. Arcelormittal stock is currently +19.81% from its 52-week low of $21.30, and -21.44% from its 52-week high of $32.49.

As of Dec 7, 2023, there are 805.34M shares of MT outstanding. The market cap of MT is $20.55B. In the past 24 hours, 1.45M MT shares were traded.

How to Buy Arcelormittal Stock

Wondering how to invest in Arcelormittal stock? Here's how.
  1. Choose where to buy Arcelormittal stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Arcelormittal stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Pick your payment method and add your info.
  4. Analyze Arcelormittal stock: The Arcelormittal ticker symbol is MT. Is Arcelormittal stock a good investment? Should you buy shares of MT? How do MT's underlying business fundamentals look? Do top analysts think Arcelormittal is a good buy? Why has MT's stock price moved recently? (Hint: Our stock research tools can help you evaluate if MT is a good stock to buy).
  5. Execute your MT purchase: Decide if you will purchase MT shares at the current market price or use a limit order to buy MT shares at a given price.
  6. Track your MT investment: Create a watchlist to the latest updates on your investment in Arcelormittal stock.

Step 1: Choose where to buy Arcelormittal stock

You need a brokerage account in order to access the NYSE market and buy MT stock.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to invest in MT stock today.

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Step 3: Fund your brokerage account

Now that you have opened your account on one of the most highly reviewed stock trading apps, you need to deposit funds:

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Step 4: Analyze Arcelormittal stock

After you have identified the best place to buy Arcelormittal stock, it's very important to research their stock prior to buying, so you actually understand the risk as well as the opportunity.

Overview of key MT info

MT Price
$25.52
1w %
1.31%
1y %
-3.7%
5y %
18.15%
P/E
N/A
P/B
0.39x
P/S
0.26x
PEG
N/A
Revenue
$79.84B
Earnings
$9.30B
Fore. Rev. Growth
-7.6%
Fore. Earn. Growth
N/A
Market Cap
$20.55B
Next Earnings
Feb 8, 2024
Next Dividend
N/A

MT Zen Score

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on MT's stock page.

Is MT stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge MT's fair value.

Using relative valuations metrics:

  • MT could be undervalued based on its P/B ratio of 0.39x, relative to Steel industry P/B ratio of 0.94x

You can do more valuation analysis on MT's stock here.

MT Financial Health

Passed Health Checks:

  • MT's operating cash flow of $10.20B allows it to safely service it's debt of $11.65B.
  • There are more short-term assets than long-term liabilities on the MT balance sheet.
  • MT earnings of $11.35B is not enough to cover its interest payments.
  • Total MT debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the MT balance sheet.

Failed Health Checks:

  • MT has a relatively high debt to equity ratio of 0.73.
  • MT profit margin has gone down from 19.5% to 11.7% in the past year.

You can dive deeper into what analysts are saying on the Arcelormittal stock forecast page.

Metrics for Advanced MT Traders

SMA10
25.08
SMA20
24.13
SMA50
23.53
SMA100
25.03
SMA200
26.5
MACD
0.62
MACD Signal
0.48
MACD Histogram
0.14
RSI
68.02
Stochastic %K
83.92
Stochastic %D
86.14
StochRSI %K
70.08
StochRSI %D
76.59

How are MT Revenues/Earnings doing?

Last year, MT revenue was $79.84B. Over the past five year, MT's revenue has grown by 3.06% per year. This was slower than the Steel industry average of 9.23%.

Learn more about MT's earnings and revenue performance here.

What are MT insiders up to?

Over the past year, executives and large shareholders at MT have not bought or sold any shares.

Learn more about who owns MT stock here.

Can I get consistent income from MT stock?

Arcelormittal pays a dividend of 1.72%, compared to the Steel industry's average dividend yield of 2.79%. If you owned $1,000 of MT stock, you would have received $17.24 in the past year.

Arcelormittal dividend payments have not consistently grown over the past decade and have not remained stable.

Find more data about Arcelormittal dividend yield and history here.

What do other investors have to say about MT?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your MT purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.

Hit the Open button and your broker will execute your order.

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Step 6: Track your MT investment

Now that you own some MT stock, you'll want to keep up with your new stock purchase.

Start a watchlist to keep tabs on your MT stock.

MT Feed

How to Buy Stock in Arcelormittal

To summarize, here are the 6 steps to buy stock in Arcelormittal:

  1. Choose where to buy Arcelormittal stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Analyze Arcelormittal stock
  5. Execute your MT purchase
  6. Track your MT investment

If you require a brokerage, eToro is our recommended venue.

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If you want to get the latest scoop on your new investment in Arcelormittal, create a watchlist today.

NYSE: MT
$25.52+0.29 (+1.15%)
Updated Dec 7, 2023
Open eToro Account
NYSE: MT
$25.52+0.29 (+1.15%)
Updated Dec 7, 2023
Open eToro Account

FAQ

How much does it cost to buy one Arcelormittal share?

As of Dec 7, 2023, it costs $25.52 to buy one share of Arcelormittal stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.392 shares of MT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Arcelormittal stock?

One way to place an order for Arcelormittal stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.