Should I buy or sell Rio Tinto Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RIO shares. View RIO analyst ratings or view top-rated stocks .

What is Rio Tinto Group's stock price target for 2024?

7 brokerages have issued 12-month price objectives for Rio Tinto Group's shares. Their RIO share price targets range from GBX 5,500 to GBX 7,040. On average, they expect the company's stock price to reach GBX 6,262.86 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. View analysts price targets for RIO or view top-rated stocks among Wall Street analysts .

How have RIO shares performed in 2024?

Rio Tinto Group's stock was trading at GBX 5,842 at the beginning of 2024. Since then, RIO shares have decreased by 7.4% and is now trading at GBX 5,410. View the best growth stocks for 2024 here .

How often does Rio Tinto Group pay dividends? What is the dividend yield for Rio Tinto Group?

Rio Tinto Group announced a dividend on Wednesday, February 21st. Stockholders of record on Thursday, March 7th will be paid a dividend of GBX 203.77 per share on Thursday, April 18th. This represents a yield of 3.9%. The ex-dividend date is Thursday, March 7th. This is an increase from the stock's previous dividend of GBX 137.67. The official announcement can be viewed at this link . Read our dividend analysis for RIO .

Is Rio Tinto Group a good dividend stock?

Rio Tinto Group (LON:RIO) pays an annual dividend of GBX 341 per share and currently has a dividend yield of 6.35%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,945.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for RIO .

What other stocks do shareholders of Rio Tinto Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rio Tinto Group investors own include Anglo American (AAL) , BHP Group (BHP) , Glencore (GLEN) , Citigroup (C) , Alibaba Group (BABA) , BHP Group (BHP) , NVIDIA (NVDA) , Intel (INTC) , Royal Dutch Shell (RDSB) and BP (BP) .

How do I buy shares of Rio Tinto Group?

Shares of RIO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:RIO

Rio Tinto Group (RIO) Share Price, News & Analysis

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Free RIO Stock Alerts

GBX 5,262

-148.00 (-2.74%)

(As of 06:27 AM ET)

Compare

Today's Range: 5,250
▼
5,305
50-Day Range: 4,809.50
▼
5,515
52-Week Range: 4,509.50
▼
5,910

Volume: 487,935 shs
Average Volume: 2.96 million shs
Market Capitalization: £65.78 billion

P/E Ratio: 1,071.69
Dividend Yield: 6.48%
Price Target: GBX 6,262.86

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades Sustainability

Get Rio Tinto Group alerts:

Rio Tinto Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 15.8% Upside
GBX 6,262.86 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -7.44
Upright™ Environmental Score
News Sentiment: -0.01
Based on 4 Articles This Week
Insider Trading: Selling Shares
£20.56 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.66 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Rio Tinto Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Rio Tinto Group has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RIO.

1.7

Dividend Strength

Dividend Leadership
Rio Tinto Group is a leading dividend payer. It pays a dividend yield of 6.35%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rio Tinto Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Rio Tinto Group is 6,945.01%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Rio Tinto Group has received a -151.84% net impact score from Upright. The largest negative impact of Rio Tinto in category "GHG emissions" seems to be driven mostly by its "Construction of mine infrastructure", "Crude coal", "Ship freight transport services", "Uranium fuel", and "Bauxite" products. See details.
Environmental Sustainability
The Environmental Impact score for Rio Tinto Group is -7.44.

1.7

News and Social Media Coverage

News Sentiment
Rio Tinto Group has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Rio Tinto Group this week, compared to 3 articles on an average week.
Search Interest
145 people have searched for RIO on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Rio Tinto Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rio Tinto Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £205,621.08 in company stock.
Percentage Held by Insiders
14.71% of the stock of Rio Tinto Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
47.60% of the stock of Rio Tinto Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Rio Tinto Group is 1,101.83, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 146.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rio Tinto Group is 1,101.83, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 138.42.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Rio Tinto Group, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Rio Tinto Group has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Rio Tinto Group Stock (LON:RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. The Minerals segment is involved in mining and processing of borates, titanium dioxide feedstock, and iron concentrate and pellets; diamond mining, sorting, and marketing; and development projects for battery materials, such as lithium. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

RIO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RIO Stock News Headlines

April 15, 2024 | finance.yahoo.com

Despite the downward trend in earnings at Rio Tinto Group (LON:RIO) the stock lifts 3.7%, bringing five-year gains to 81%

April 10, 2024 | americanbankingnews.com

Rio Tinto Group (LON:RIO) Given "Overweight" Rating at JPMorgan Chase & Co.

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 8, 2024 | finance.yahoo.com

FTSE 100 Live 8 April: CVS Group cyber attack, blue-chips flat

April 8, 2024 | ft.com

Rio Tinto appoints Bold Baatar as commercial chief in step towards top job

April 3, 2024 | msn.com

Should I buy BHP or Rio Tinto shares in April?

March 25, 2024 | finance.yahoo.com

Rio Tinto commits $10 million to boost Tom Price sports and recreation

March 20, 2024 | finance.yahoo.com

The Golden Age of Miner Dividends Might Be Coming to an End

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 14, 2024 | fool.com.au

Buy Rio Tinto and these ASX dividend shares now

March 13, 2024 | fool.com.au

How are these passive income investors earning more than an 8% yield on Rio Tinto shares?

March 12, 2024 | benzinga.com

Rio Tinto Unusual Options Activity For March 12

March 1, 2024 | finance.yahoo.com

How Apache Stronghold's fight to protect Oak Flat in central Arizona has played out over the years

February 21, 2024 | finance.yahoo.com

Australian Iron Ore Port Starts Clearing Ships Ahead of Cyclone

February 20, 2024 | afr.com

Rio Tinto’s giant Queensland bet on Andrew Forrest wind farm

February 20, 2024 | marketwatch.com

Rio Tinto Signs Wind-Energy Deal for Gladstone Operations

February 20, 2024 | fool.com.au

Rio Tinto shares tumble despite massive renewable power agreement

February 20, 2024 | msn.com

Value Pick Or Cautionary Tale? Rio Tinto Faces Investor Scrutiny Post-2023 Recovery

February 20, 2024 | finance.yahoo.com

Rio Tinto signs Australia’s biggest renewable power deal as it works to repower its Gladstone operations

February 20, 2024 | finance.yahoo.com

Rio Tinto inks renewable power purchase deal for Gladstone operations

February 20, 2024 | finance.yahoo.com

Rio Strikes Australia’s Top Clean Energy Pact to Power Aluminum

February 20, 2024 | msn.com

Mining stocks drag on FTSE ahead of Glencore and Rio Tinto results

February 19, 2024 | msn.com

Pavilion Energy, Rio Tinto complete ship-to-ship LNG bunkering operation

February 19, 2024 | finance.yahoo.com

RIO Oct 2024 45.000 put

February 17, 2024 | ca.finance.yahoo.com

RIO Mar 2024 62.500 call

February 17, 2024 | msn.com

I’d buy 266 shares of Rio Tinto stock for £1,000 in yearly passive income

February 9, 2024 | reuters.com

BHP and Rio take competition out of going green

See More Headlines

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Company Calendar

Ex-Dividend for 4/18 Dividend: 3/07/2024
Today: 4/16/2024
Dividend Payable: 4/18/2024

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Industry, Sector and Symbol

Stock Exchange: LON
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Current Symbol: LON:RIO
CUSIP: N/A
CIK: N/A
Web: www.riotinto.com
Phone: +44-20-77811623
Fax: N/A
Employees: 57,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 6,262.86
High Stock Price Target: GBX 7,040
Low Stock Price Target: GBX 5,500
Potential Upside/Downside: +18.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 4.91
Trailing P/E Ratio: 1,074.13
Forward P/E Ratio: 8.71
P/E Growth: -0.64
Net Income: £10.06 billion
Net Margins: 18.61%
Pretax Margin: N/A
Return on Equity: 18.25%
Return on Assets: 9.28%

Debt

Debt-to-Equity Ratio: 25.47
Current Ratio: 1.69
Quick Ratio: 1.34

Sales & Book Value

Annual Sales: £54.04 billion
Price / Sales: 1.22
Cash Flow: GBX 806.96 per share
Price / Cash Flow: 6.54
Book Value: GBX 3,367 per share
Price / Book: 1.57

Miscellaneous

Outstanding Shares: 1,250,000,000
Free Float: N/A
Market Cap: £65.93 billion
Optionable: Not Optionable
Beta: 0.65

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Key Executives

Mr. Jakob Stausholm M.S. (Age 56)
CEO & Executive Director
Comp: $2.15M
Mr. Peter Lloyd Cunningham B.A. (Age 58)
CFO & Director
Comp: $1.26M
Mr. Alfredo Barrios BSc Physics (Age 58)
MSc, Ph.D., Chief Commercial Officer
Comp: $1.12M
Mr. Bold Baatar (Age 50)
Chief Executive of Copper
Comp: $1.28M
Mr. Simon C. Trott BSc(Hon) (Age 48)
GAICD, GradDipFin, Chief Executive of Iron Ore
Comp: $1.19M
Mr. Jerome X. Pecresse (Age 57)
Chief Executive of Aluminium, President & CEO of Renewable Energy
Comp: $1.23M
Mr. Mark Davies
Chief Technical Officer
Mr. Nigel Ian Steward
Head of Grp Tech Processing, Asset Mgmt, Energy, Climate Change, R&D & Tech Strtgy & Chief Scientist
Mr. Menno Gerard Cornelis Sanderse
Head of Investor Relations
Ms. Isabelle Deschamps (Age 54)
Chief Legal, Governance & Corporate Affairs Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy Rio Tinto Group Stock? RIO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Rio Tinto Group:

Rio Tinto Group has shown strong financial performance in recent quarters, with increasing revenue and profitability.
The company has a diversified portfolio across different mineral resources, reducing risk associated with fluctuations in a single commodity market.
Recent strategic investments in innovative technologies and sustainable practices position Rio Tinto well for long-term growth and environmental responsibility.
With a global presence and established operations, Rio Tinto benefits from economies of scale and market stability.
The current stock price of Rio Tinto Group is attractive, offering potential for capital appreciation.

Cons

Investors should be bearish about investing in Rio Tinto Group for these reasons:

The mining industry is subject to regulatory and environmental risks, which could impact Rio Tinto's operations and profitability.
Market volatility and commodity price fluctuations can affect the company's financial performance and stock price.
Geopolitical factors and global economic conditions may introduce uncertainties in Rio Tinto's business outlook.
Environmental concerns and social responsibility issues could lead to reputational damage and operational challenges for Rio Tinto.
Investors should carefully monitor industry trends and company developments to make informed decisions about investing in Rio Tinto Group.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Rio Tinto Group pros and cons to contact@marketbeat.com.

RIO Stock Analysis - Frequently Asked Questions

Should I buy or sell Rio Tinto Group stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RIO shares.
View RIO analyst ratings or view top-rated stocks.
What is Rio Tinto Group's stock price target for 2024?: 7 brokerages have issued 12-month price objectives for Rio Tinto Group's shares. Their RIO share price targets range from GBX 5,500 to GBX 7,040. On average, they expect the company's stock price to reach GBX 6,262.86 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price.
View analysts price targets for RIO or view top-rated stocks among Wall Street analysts.
How have RIO shares performed in 2024?: Rio Tinto Group's stock was trading at GBX 5,842 at the beginning of 2024. Since then, RIO shares have decreased by 7.4% and is now trading at GBX 5,410.
View the best growth stocks for 2024 here.
How often does Rio Tinto Group pay dividends? What is the dividend yield for Rio Tinto Group?: Rio Tinto Group announced a dividend on Wednesday, February 21st. Stockholders of record on Thursday, March 7th will be paid a dividend of GBX 203.77 per share on Thursday, April 18th. This represents a yield of 3.9%. The ex-dividend date is Thursday, March 7th. This is an increase from the stock's previous dividend of GBX 137.67. The official announcement can be viewed at this link.
Read our dividend analysis for RIO.

Is Rio Tinto Group a good dividend stock?: Rio Tinto Group (LON:RIO) pays an annual dividend of GBX 341 per share and currently has a dividend yield of 6.35%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,945.01%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RIO.
What other stocks do shareholders of Rio Tinto Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Rio Tinto Group investors own include Anglo American (AAL), BHP Group (BHP), Glencore (GLEN), Citigroup (C), Alibaba Group (BABA), BHP Group (BHP), NVIDIA (NVDA), Intel (INTC), Royal Dutch Shell (RDSB) and BP (BP).
How do I buy shares of Rio Tinto Group?: Shares of RIO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:RIO) was last updated on 4/16/2024 by MarketBeat.com Staff

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Rio Tinto Group (RIO) Share Price, News & Analysis

Rio Tinto Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Rio Tinto Group Stock (LON:RIO)

RIO Stock Price History

RIO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy Rio Tinto Group Stock? RIO Pros and Cons Explained

Pros

Cons

RIO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™