Adecoagro - AGRO Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adecoagro in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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.

4 Wall Street analysts have issued twelve-month price objectives for Adecoagro's stock. Their AGRO share price forecasts range from $9.00 to $10.00. On average, they predict the company's stock price to reach $9.50 in the next year. This suggests a possible upside of 23.4% 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 beginning of the year. Since then, AGRO shares have decreased by 7.1% and is now trading at $7.70.
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Adecoagro saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 2,310,000 shares, a decrease of 25.5% from the February 13th total of 3,100,000 shares. Based on an average trading volume of 614,600 shares, the days-to-cover ratio is currently 3.8 days. Approximately 2.0% 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, May 11th 2023.
View our AGRO earnings forecast.

Adecoagro S.A. (NYSE:AGRO) announced its earnings results on Monday, May, 14th. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.10. The business had revenue of $155.57 million for the quarter. Adecoagro had a net margin of 8.02% and a trailing twelve-month return on equity of 14.91%.

Adecoagro declared a dividend on Friday, October 21st. Stockholders of record on Wednesday, November 2nd will be paid a dividend of $0.16 per share on Thursday, November 17th. This represents a yield of 3.6%. The ex-dividend date is Tuesday, November 1st. This is a boost from the stock's previous dividend of $0.16.
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) and VanEck Brazil Small-Cap ETF (BRF).Ranger Equity Bear ETF (HDGE).

Adecoagro (NYSE:AGRO) pays an annual dividend of $0.32 per share and currently has a dividend yield of 4.19%. AGRO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 32.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGRO will have a dividend payout ratio of 33.33% 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 many different retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (4.65%), Herr Investment Group LLC (1.95%), Russell Investments Group Ltd. (1.92%), abrdn plc (0.85%), Amundi (0.71%) and Charles Schwab Investment Management Inc. (0.67%).

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 $7.70.

Adecoagro (NYSE:AGRO) has a market capitalization of $857.63 million and generates $1.35 billion in revenue each year. The company earns $108.14 million in net income (profit) each year or $0.98 on an earnings per share basis.

The company employs 9,104 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.