LON:RIO

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

GBX 5,610
+26.00 (+0.47%)
(As of 05:21 PM ET)
Today's Range
5,550
5,682
50-Day Range
4,809.50
5,591
52-Week Range
4,509.50
5,910
Volume
2.76 million shs
Average Volume
3.03 million shs
Market Capitalization
£70.13 billion
P/E Ratio
1,142.57
Dividend Yield
6.08%
Price Target
GBX 6,301.25

Rio Tinto Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
12.4% Upside
GBX 6,301.25 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.44
Upright™ Environmental Score
News Sentiment
0.24mentions of Rio Tinto Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
£20.55 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.

1.32 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. 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

RIO Stock News Headlines

Biggest hedge fund manager has huge warning for U.S. dollar
Prescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."
Biggest hedge fund manager has huge warning for U.S. dollar
Prescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."
See More Headlines
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Company Calendar

Ex-Dividend for 4/18 Dividend
3/07/2024
Dividend Payable
4/18/2024
Today
5/10/2024

Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
57,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 6,301.25
High Stock Price Target
GBX 7,700
Low Stock Price Target
GBX 5,500
Potential Upside/Downside
+12.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
£10.06 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£54.04 billion
Cash Flow
GBX 859.60 per share
Book Value
GBX 3,367 per share

Miscellaneous

Outstanding Shares
1,250,000,000
Free Float
N/A
Market Cap
£70.23 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

RIO Stock Analysis - 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 1 hold rating and 7 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?

8 Wall Street analysts have issued 1-year price targets for Rio Tinto Group's shares. Their RIO share price targets range from GBX 5,500 to GBX 7,700. On average, they expect the company's share price to reach GBX 6,301.25 in the next twelve months. This suggests a possible upside of 12.4% 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 start of the year. Since then, RIO stock has decreased by 4.1% and is now trading at GBX 5,605.
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. Shareholders of record on Thursday, March 7th will be given 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 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 341 per share and currently has a dividend yield of 6.25%. 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 5/10/2024 by MarketBeat.com Staff

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