Rio Tinto Group - RIO Share Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RIO, but not buy additional shares or sell existing shares.
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8 equities research analysts have issued twelve-month price objectives for Rio Tinto Group's stock. Their RIO share price forecasts range from GBX 4,200 to GBX 6,800. On average, they anticipate the company's stock price to reach GBX 5,309.17 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price.
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Rio Tinto Group's stock was trading at GBX 4,892 at the start of the year. Since then, RIO shares have increased by 0.1% and is now trading at GBX 4,896.
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Rio Tinto Group declared a dividend on Wednesday, July 27th. Stockholders of record on Thursday, August 11th will be given a dividend of GBX 221.63 per share on Thursday, September 22nd. This represents a dividend yield of 4.59%. The ex-dividend date is Thursday, August 11th. The official announcement can be accessed at this link.
Read our dividend analysis for RIO.

Rio Tinto Group (LON:RIO) pays an annual dividend of GBX 528 per share and currently has a dividend yield of 11.30%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,477.18%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RIO.

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).

Rio Tinto Group trades on the London Stock Exchange (LON) under the ticker symbol "RIO."

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.
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One share of RIO stock can currently be purchased for approximately GBX 4,896.

Rio Tinto Group (LON:RIO) has a market capitalization of £61.17 billion and generates £60.19 billion in revenue each year.

The company employs 49,000 workers across the globe.

Rio Tinto Group's mailing address is 6 St James's Square, LONDON, 00000, United Kingdom. The official website for the company is www.riotinto.com. The company can be reached via phone at +44-20-77811623.