FY2026 Earnings Estimate for ArcelorMittal Issued By KeyCorp

ArcelorMittal (NYSE:MT) – Equities research analysts at KeyCorp issued their FY2026 earnings per share estimates for ArcelorMittal in a research note issued to investors on Tuesday, January 6th. KeyCorp analyst P. Gibbs forecasts that the basic materials company will post earnings of $4.60 per share for the year. The consensus estimate for ArcelorMittal’s current full-year earnings is $3.72 per share.

Several other equities analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $49.00 price target on shares of ArcelorMittal in a research report on Wednesday, November 26th. UBS Group cut ArcelorMittal from a “buy” rating to a “neutral” rating in a research report on Monday, November 17th. The Goldman Sachs Group reissued a “neutral” rating on shares of ArcelorMittal in a research report on Friday, October 10th. Citigroup restated a “buy” rating on shares of ArcelorMittal in a research note on Wednesday, October 8th. Finally, Morgan Stanley raised ArcelorMittal from an “equal weight” rating to an “overweight” rating in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $38.98.

ArcelorMittal Stock Up 1.2%

Shares of NYSE MT opened at $47.88 on Thursday. The company has a current ratio of 1.39, a quick ratio of 0.58 and a debt-to-equity ratio of 0.19. ArcelorMittal has a 12 month low of $21.59 and a 12 month high of $48.52. The firm has a market capitalization of $37.11 billion, a PE ratio of 14.25, a price-to-earnings-growth ratio of 0.18 and a beta of 1.52. The firm has a fifty day simple moving average of $42.79 and a two-hundred day simple moving average of $37.50.

ArcelorMittal (NYSE:MT) last announced its quarterly earnings results on Thursday, November 6th. The basic materials company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.04. The company had revenue of $15.66 billion during the quarter, compared to analyst estimates of $15.88 billion. ArcelorMittal had a return on equity of 4.94% and a net margin of 4.23%.The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Maple Rock Capital Partners Inc. purchased a new position in ArcelorMittal in the 3rd quarter worth about $41,399,000. UBS Group AG grew its stake in shares of ArcelorMittal by 405.2% in the third quarter. UBS Group AG now owns 1,181,358 shares of the basic materials company’s stock worth $42,706,000 after acquiring an additional 947,532 shares during the period. Man Group plc purchased a new position in shares of ArcelorMittal during the third quarter valued at approximately $11,720,000. Balyasny Asset Management L.P. lifted its position in ArcelorMittal by 202.2% during the third quarter. Balyasny Asset Management L.P. now owns 368,984 shares of the basic materials company’s stock valued at $13,339,000 after purchasing an additional 246,904 shares during the period. Finally, Arrow Capital Pty Ltd bought a new position in ArcelorMittal during the second quarter valued at approximately $5,206,000. Hedge funds and other institutional investors own 9.29% of the company’s stock.

About ArcelorMittal

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.