Adecoagro (AGRO) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Adecoagro in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AGRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AGRO, but not buy additional shares or sell existing shares.
View AGRO analyst ratings or view top-rated stocks.

5 brokerages have issued 1-year target prices for Adecoagro's stock. Their AGRO share price forecasts range from $9.00 to $10.00. On average, they anticipate the company's stock price to reach $9.55 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price.
View analysts price targets for AGRO or view top-rated stocks among Wall Street analysts.

Adecoagro's stock was trading at $8.29 at the start of the year. Since then, AGRO shares have increased by 15.1% and is now trading at $9.54.
View the best growth stocks for 2023 here.

Adecoagro saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,990,000 shares, an increase of 5.3% from the April 30th total of 1,890,000 shares. Based on an average daily volume of 566,500 shares, the days-to-cover ratio is currently 3.5 days. Currently, 1.9% of the shares of the stock are sold short.
View Adecoagro's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our AGRO earnings forecast.

Adecoagro S.A. (NYSE:AGRO) announced its quarterly earnings results on Monday, May, 14th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.10. The business had revenue of $155.57 million for the quarter. Adecoagro had a trailing twelve-month return on equity of 11.25% and a net margin of 4.79%.

Adecoagro announced a Semi-Annual dividend on Thursday, April 27th. Stockholders of record on Tuesday, May 9th will be paid a dividend of $0.163 per share on Wednesday, May 24th. This represents a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, May 8th.
Read our dividend analysis for AGRO.

ETFs with the largest weight of Adecoagro (NYSE:AGRO) stock in their portfolio include Global X MSCI Argentina ETF (ARGT).VanEck Brazil Small-Cap ETF (BRF).

Adecoagro (NYSE:AGRO) pays an annual dividend of $0.33 per share and currently has a dividend yield of 3.38%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGRO will have a dividend payout ratio of 33.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGRO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Adecoagro investors own include Sorrento Therapeutics (SRNE), ADMA Biologics (ADMA), EnLink Midstream (ENLC), Gran Tierra Energy (GTE), Hallador Energy (HNRG), Matinas BioPharma (MTNB), Organigram (OGI), Bionano Genomics (BNGO), Enerplus (ERF) and Great Panther Mining (GPL).

Adecoagro trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGRO."

Adecoagro's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Route One Investment Company L.P. (12.06%), Grantham Mayo Van Otterloo & Co. LLC (5.53%), Jennison Associates LLC (4.72%), Bank of New York Mellon Corp (2.59%), Herr Investment Group LLC (1.99%) and Russell Investments Group Ltd. (1.73%).

Shares of AGRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AGRO stock can currently be purchased for approximately $9.54.

Adecoagro (NYSE:AGRO) has a market capitalization of $1.06 billion and generates $1.35 billion in revenue each year. The company earns $108.14 million in net income (profit) each year or $0.61 on an earnings per share basis.

The company employs 9,776 workers across the globe.

Adecoagro's mailing address is Vertigo Naos Building 6 Rue Eugene Ruppert, Luxembourg N4, 2453. The official website for the company is www.adecoagro.com. The company can be reached via phone at (522) 644-9372 or via email at ir@adecoagro.com.