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MarketBeat Week in Review – 2/19 - 2/23
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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI medical stock landing MASSIVE contracts (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
BREAKING: Tiny biotech successfully treats blindness (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
BREAKING: Tiny biotech successfully treats blindness (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI medical stock landing MASSIVE contracts (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
BREAKING: Tiny biotech successfully treats blindness (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
BREAKING: Tiny biotech successfully treats blindness (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI medical stock landing MASSIVE contracts (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
BREAKING: Tiny biotech successfully treats blindness (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
BREAKING: Tiny biotech successfully treats blindness (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
LON:RIO

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

GBX 5,197
+27.00 (+0.52%)
(As of 02/23/2024 ET)
Today's Range
5,187
5,229
50-Day Range
5,151
5,891
52-Week Range
4,509.50
6,232
Volume
1.33 million shs
Average Volume
2.41 million shs
Market Capitalization
£64.96 billion
P/E Ratio
1,064.96
Dividend Yield
6.56%
Price Target
GBX 6,262.86

Rio Tinto Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
20.5% 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
0.35mentions of Rio Tinto Group in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
£21.51 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.

0.79 out of 5 stars


RIO stock logo

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. It offers aluminum, copper, iron ore, diamonds, gold, borates, titanium dioxide, salt, silver, molybdenum, and lithium. The company also owns and operates open pit and underground mines, refineries, smelters, and concentrator facilities, as well as power stations, research, and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

RIO Stock Price History

RIO Stock News Headlines

Rio Tinto Group (LON:RIO) Price Target Cut to GBX 5,900
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Berenberg Bank Reiterates Buy Rating for Rio Tinto Group (LON:RIO)
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge
Marc Lichtenfeld –Author of the best-selling book Get Rich With Dividends – is giving away his Ultimate Dividend Package… Free of charge!
RIO Oct 2024 45.000 put
RIO Mar 2024 62.500 call
BHP and Rio take competition out of going green
See More Headlines
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Company Calendar

Today
2/24/2024
Ex-Dividend for 4/18 Dividend
3/07/2024
Dividend Payable
4/18/2024

Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
54,000
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
+20.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
£10.06 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£54.04 billion
Cash Flow
GBX 795.18 per share
Book Value
GBX 3,367 per share

Miscellaneous

Outstanding Shares
1,250,000,000
Free Float
N/A
Market Cap
£64.96 billion
Optionable
Not Optionable
Beta
0.67
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Key Executives

  • Mr. Jakob Stausholm M.S. (Age 56)
    CEO & Executive Director
    Comp: $1.99M
  • Mr. Peter Lloyd Cunningham B.A. (Age 56)
    CFO & Executive Director
    Comp: $1.15M
  • Mr. Alfredo Barrios BSc Physics (Age 58)
    MSc, Ph.D., Chief Commercial Officer
    Comp: $1.14M
  • Mr. Bold Baatar (Age 50)
    Chief Executive of Copper
    Comp: $1.01M
  • Mr. Simon C. Trott BSc(Hon) (Age 48)
    GAICD, GradDipFin, Chief Executive of Iron Ore
    Comp: $1.06M
  • Ms. Sinead Kaufman
    Chief Executive of Minerals
  • Mr. Arnaud Soirat (Age 59)
    Group Chief Operating Officer
    Comp: $661.06k
  • 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

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Rio Tinto Group was last updated on Wednesday, February 21, 2024 at 3:30 PM.














RIO Stock Analysis - Frequently Asked Questions

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

7 Wall Street research 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 research 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 1 year target prices for Rio Tinto Group's stock. Their RIO share price targets range from GBX 5,500 to GBX 7,040. On average, they anticipate the company's share price to reach GBX 6,262.86 in the next twelve months. This suggests a possible upside of 20.5% 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 stock has decreased by 11.0% and is now trading at GBX 5,197.
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 declared a dividend on Wednesday, February 21st. Investors of record on Thursday, March 7th will be paid a dividend of GBX 203.77 per share on Thursday, April 18th. This represents a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, March 7th. This is an increase from the stock's previous dividend of GBX 137.67. The official announcement can be accessed 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 6.63%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,987.70%. 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 2/25/2024 by MarketBeat.com Staff