LON:RIO

Rio Tinto Group - RIO Share Forecast, Price & News

GBX 6,128

+64.00 (+1.06%)

(As of 02/3/2023 07:41 PM ET)

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Today's Range: 6,089
▼
6,179.50
50-Day Range: 5,363
▼
6,377
52-Week Range: 4,424.50
▼
6,406

Volume: 3.11 million shs
Average Volume: 2.37 million shs
Market Capitalization: £99.33 billion

P/E Ratio: 691.65
Dividend Yield: 8.29%
Price Target: GBX 6,125.83

Rio Tinto Group MarketRank™ Forecast

Analyst Rating: Hold
1.88 Rating Score
Upside/Downside: 0.5% Downside
GBX 6,098.33 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -7.44
Upright™ Environmental Score
News Sentiment: -0.18
Based on 6 Articles This Week
Insider Trading: Selling Shares
£27.68 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.16 out of 5 stars

1.9

Analyst's Opinion

Consensus Rating
Rio Tinto Group has received a consensus rating of Hold. The company's average rating score is 1.88, and is based on 2 buy ratings, 3 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 6,098.33, Rio Tinto Group has a forecasted downside of 0.5% from its current price of GBX 6,128.
Amount of Analyst Coverage
Rio Tinto Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 8.29%, 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 87.53%. 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.

2.1

News and Social Media Coverage

News Sentiment
Rio Tinto Group has a news sentiment score of -0.18. 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 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Rio Tinto Group this week, compared to 3 articles on an average week.
Search Interest
123 people have searched for RIO on MarketBeat in the last 30 days. This is an increase of 62% compared to the previous 30 days.
MarketBeat Follows
13 people have added Rio Tinto Group to their MarketBeat watchlist in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.

0.8

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 £276,789.76 in company stock.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Rio Tinto Group is 691.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 141.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rio Tinto Group is 691.65, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 103.84.
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 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Rio Tinto Group (LON:RIO) Stock

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

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RIO Stock News Headlines

February 4, 2023 | americanbankingnews.com

Rio Tinto Group (LON:RIO) Earns Underweight Rating from JPMorgan Chase & Co.

February 1, 2023 | finance.yahoo.com

Vale (VALE) Reports 10% Sequential Dip in Q4 Iron Ore Output

February 6, 2023 | Investor Place Media (Ad)

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February 1, 2023 | finance.yahoo.com

First pictures of the tiny Rio Tinto radioactive capsule recovered after ‘relentless’ search of 870-mile stretch of Australian outback: ‘We found a needle in a haystack’

February 1, 2023 | ca.finance.yahoo.com

Rio Tinto to probe incident of missing radioactive capsule

January 29, 2023 | msn.com

Rio Tinto apologises after radioactive capsule lost in Australia

January 26, 2023 | americanbankingnews.com

Bank of America Raises Rio Tinto Group (LON:RIO) Price Target to GBX 7,400

January 25, 2023 | marketwatch.com

Rio Tinto rises Wednesday, outperforms market

February 6, 2023 | Investor Place Media (Ad)

Cash Holders STILL Aren't Taking Steps to Prepare

January 23, 2023 | finance.yahoo.com

BHP inks deal with Canadian firm to explore for copper in Serbia

January 20, 2023 | proactiveinvestors.com.au

BHP Group "reported mixed Q2-23 production with strengths in iron ore and headwinds elsewhere", say Credit Suisse analysts

January 20, 2023 | finance.yahoo.com

Rio Tinto Group (LON:RIO) is a favorite amongst institutional investors who own 63%

January 19, 2023 | finance.yahoo.com

Rio Tinto Group: Miners’ FVEs Generally Increased on Higher Commodity Prices With China Reopening

January 18, 2023 | finance.yahoo.com

China Vows To Crack Down On Illegal Iron Market Manipulation

January 18, 2023 | msn.com

Are Basic Materials Stocks Lagging Rio Tinto (RIO) This Year?

January 17, 2023 | markets.businessinsider.com

Rio Tinto Limited (RTNTF): New Sell Recommendation for This Basic Materials Giant

January 17, 2023 | finance.yahoo.com

Mega Miners Are Hunting for Deals After Decade on the Sidelines

January 17, 2023 | finance.yahoo.com

Rio Tinto Boosts Iron Ore Production as Copper Set to Jump

January 16, 2023 | finance.yahoo.com

Rio Tinto sees increased volatility as China reopens

January 11, 2023 | finanznachrichten.de

Benton Resources Inc.: Benton Receives $100,000 Option Payment from Rio Tinto Exploration for Baril Lake West Project

January 8, 2023 | msn.com

China looks to Guinea’s vast Simandou iron ore mine to secure supply

January 6, 2023 | proactiveinvestors.com

Lion Copper and Gold reaches agreement for stage 2 work with Rio Tinto venture

January 4, 2023 | finance.yahoo.com

Rio Tinto, IBD Stock Of The Day, Nears Buy Point As China Emerges From Covid

December 21, 2022 | finance.yahoo.com

Calculating The Intrinsic Value Of Rio Tinto Group (LON:RIO)

December 16, 2022 | reuters.com

Rio Tinto completes $3.3 billion Turquoise Hill deal for larger share in Mongolia project

December 16, 2022 | finance.yahoo.com

CANADA STOCKS-TSX futures slide as hawkish cenbanks heighten recession fears

December 13, 2022 | reuters.com

Serbian PM sees no chance for reviving Rio Tinto lithium project

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30 days | 90 days | 365 days | Advanced Chart

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RIO Company Calendar

Today: 2/05/2023
Next Earnings (Estimated): 2/22/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Industrial Metals & Minerals
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: LON:RIO
CUSIP: N/A
CIK: N/A
Web: www.riotinto.com
Phone: +44-20-77811623
Fax: N/A
Employees: 49,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 6,098.33
High Stock Price Forecast: GBX 7,400
Low Stock Price Forecast: GBX 4,700
Forecasted Upside/Downside: 0.0%
Consensus Rating: Hold
Rating Score (0-4): 1.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 691.65
Forward P/E Ratio: 1,132.72
P/E Growth: -0.64
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 22.52
Current Ratio: 1.79
Quick Ratio: 1.34

Sales & Book Value

Annual Sales: £60.19 billion
Price / Sales: 1.65
Cash Flow: GBX 937.63 per share
Price / Cash Flow: 6.54
Book Value: GBX 3,122.20 per share
Price / Book: 1.96

Miscellaneous

Outstanding Shares: 1,620,854,000
Free Float: N/A
Market Cap: £99.33 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Jakob Stausholm M.S. (Age 55)
MS, CEO & Exec. Director
Comp: $2.84M

Mr. Peter Lloyd Cunningham B.A. (Age 56)
CFO & Exec. Director
Comp: $1.65M

Mr. Arnaud Soirat (Age 58)
Group Chief Operating Officer
Comp: $833k

Mr. Alfredo Barrios BSc Physics (Age 57)
MSc, Ph.D., Chief Commercial Officer
Comp: $2.35M

Mr. Bold Baatar (Age 49)
Chief Exec. of Copper
Comp: $1.5M

Mr. Simon C. Trott BSc(Hon) (Age 48)
GAICD, GradDipFin, Chief Exec. of Iron Ore
Comp: $1.48M

Mr. Ivan Vella
Chief Exec. of Aluminum

Ms. Sinead Kaufman
Chief Exec. of Minerals

Mr. Mark Davies
Chief Technical Officer

Mr. Menno Gerard Cornelis Sanderse
Head of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions

RIO Stock - Frequently Asked Questions

Should I buy or sell Rio Tinto Group stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last year. 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.
View RIO analyst ratings or view top-rated stocks.
What is Rio Tinto Group's stock price forecast for 2023?: 8 Wall Street analysts have issued 12 month price objectives for Rio Tinto Group's shares. Their RIO share price forecasts range from GBX 4,700 to GBX 7,400. On average, they anticipate the company's stock price to reach GBX 6,098.33 in the next twelve months. This suggests that the stock has a possible downside of 0.5%.
View analysts price targets for RIO or view top-rated stocks among Wall Street analysts.
How have RIO shares performed in 2023?: Rio Tinto Group's stock was trading at GBX 5,798 at the beginning of the year. Since then, RIO shares have increased by 5.7% and is now trading at GBX 6,128.
View the best growth stocks for 2023 here.
When is Rio Tinto Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our RIO earnings forecast.
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, July 27th. Shareholders of record on Thursday, August 11th will be paid a dividend of GBX 221.63 per share on Thursday, September 22nd. This represents a yield of 4.59%. The ex-dividend date of this dividend is Thursday, August 11th. The official announcement can be seen 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 7.76 per share and currently has a dividend yield of 8.29%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 87.53%. 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).
What is Rio Tinto Group's stock symbol?: Rio Tinto Group trades on the London Stock Exchange (LON) under the ticker symbol "RIO."
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.
What is Rio Tinto Group's stock price today?: One share of RIO stock can currently be purchased for approximately GBX 6,128.
How much money does Rio Tinto Group make?: Rio Tinto Group (LON:RIO) has a market capitalization of £99.33 billion and generates £60.19 billion in revenue each year.
How many employees does Rio Tinto Group have?: The company employs 49,000 workers across the globe.
How can I contact Rio Tinto Group?: 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.

This page (LON:RIO) was last updated on 2/6/2023 by MarketBeat.com Staff

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Rio Tinto Group - RIO Share Forecast, Price & News

Rio Tinto Group MarketRank™ Forecast

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 (LON:RIO) Stock

RIO Stock News Headlines

RIO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

RIO Stock - Frequently Asked Questions

Overall MarketRank^™