Nexa Resources Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nexa Resources in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Nexa Resources stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEXA, but not buy additional shares or sell existing shares.
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2 Wall Street analysts have issued twelve-month price targets for Nexa Resources' shares. Their NEXA stock forecasts range from $9.80 to $10.00. On average, they expect Nexa Resources' stock price to reach $9.90 in the next twelve months. This suggests a possible upside of 48.0% from the stock's current price.
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Nexa Resources' stock was trading at $7.86 at the start of the year. Since then, NEXA stock has decreased by 14.9% and is now trading at $6.69.
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Nexa Resources saw a decrease in short interest in May. As of May 31st, there was short interest totaling 61,500 shares, a decrease of 32.8% from the May 15th total of 91,500 shares. Based on an average trading volume of 127,100 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.
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Nexa Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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Nexa Resources S.A. (NYSE:NEXA) released its quarterly earnings results on Thursday, April, 28th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. The firm had revenue of $722.14 million for the quarter, compared to analysts' expectations of $729.48 million. Nexa Resources had a net margin of 5.64% and a trailing twelve-month return on equity of 8.99%.
View Nexa Resources' earnings history.

Nexa Resources announced an annual dividend on Thursday, February 17th. Investors of record on Friday, March 11th will be given a dividend of $0.3775 per share on Friday, March 25th. This represents a yield of 3%. The ex-dividend date is Thursday, March 10th. This is a positive change from Nexa Resources's previous annual dividend of $0.26.
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Nexa Resources(NYSE:NEXA) pays an annual dividend of $0.33 per share and currently has a dividend yield of 5.16%. NEXA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Nexa Resources does not yet have a strong track record of dividend growth. The dividend payout ratio of Nexa Resources is 28.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nexa Resources will have a dividend payout ratio of 12.94% next year. This indicates that Nexa Resources will be able to sustain or increase its dividend.
View Nexa Resources' dividend history.

Some companies that are related to Nexa Resources include Lithium Americas (LAC), Exxaro Resources (EXXAY), Pretium Resources (PVG), Compañía de Minas Buenaventura S.A.A. (BVN), Sigma Lithium (SGML), Ferroglobe (GSM), Centamin (CELTF), Hudbay Minerals (HBM), North American Palladium (PALDF), New Gold (NGD), New Gold (NGD), Fission Uranium (FCUUF), Dakota Territory Resource (DTRC), PolyMet Mining (PLM) and PolyMet Mining (PLM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Nexa Resources investors own include Alibaba Group (BABA), (HON), Johnson & Johnson (JNJ), Home Depot (HD), Raytheon Technologies (RTX), Cisco Systems (CSCO), CVS Health (CVS), Procter & Gamble (PG), Verizon Communications (VZ) and Intel (INTC).

(NEXA) raised $604 million in an IPO on Friday, October 27th 2017. The company issued 31,000,000 shares at $18.00-$21.00 per share. J.P. Morgan, BMO Capital Markets, Morgan Stanley and Credit Suisse acted as the underwriters for the IPO and BofA Merrill Lynch, Citigroup, Scotiabank, Bradesco BBI, Credicorp Capital, ABN AMRO, Banco do Brasil Securities, Macquarie Capital, MUFG, National Bank of Canada Financial Markets and RBC Capital Markets were co-managers.

Nexa Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEXA."

Nexa Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Capital International Investors (4.16%), Renaissance Technologies LLC (0.38%), Bank of Montreal Can (0.12%), Capital International Sarl (0.09%), State Street Corp (0.05%) and Northern Trust Corp (0.05%).

NEXA stock was sold by a variety of institutional investors in the last quarter, including Capital International Sarl, Mackenzie Financial Corp, Capital International Investors, Acadian Asset Management LLC, Northern Trust Corp, and Veriti Management LLC.

NEXA stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Invesco Ltd., Renaissance Technologies LLC, BlackRock Inc., Goldman Sachs Group Inc., State Street Corp, Van ECK Associates Corp, and Counterpoint Mutual Funds LLC.

Shares of NEXA 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 NEXA stock can currently be purchased for approximately $6.69.

Nexa Resources (NYSE:NEXA) has a market capitalization of $886.02 million and generates $2.62 billion in revenue each year. The company earns $114.33 million in net income (profit) each year or $1.169990 on an earnings per share basis.

Nexa Resources employs 5,840 workers across the globe.

Nexa Resources' mailing address is 37A AVENUE J.F. KENNEDY, LUXEMBOURG N4, L-1855. The official website for Nexa Resources is www.nexaresources.com. The company can be reached via phone at 551134054499 or via email at [email protected].