NYSE:NEXA Nexa Resources Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Nexa Resources S.A. Please log in to your account or sign up in order to add this asset to your watchlist. $6.69 +0.29 (+4.53%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$6.27▼$6.8250-Day Range$6.17▼$10.3652-Week Range$6.08▼$12.86Volume91,955 shsAverage Volume148,190 shsMarket Capitalization$886.02 millionP/E Ratio5.72Dividend Yield5.16%Price Target$9.90 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NEXA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nexa Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address NEXA Stock Forecast (MarketRank)Overall MarketRank™2.72 out of 5 starsBasic Materials Sector46th out of 242 stocksMetal Mining Industry4th out of 29 stocksAnalyst Opinion: 3.0Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 - 3.0 Analyst's Opinion Consensus RatingNexa Resources has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.90, Nexa Resources has a forecasted upside of 48.0% from its current price of $6.69.Amount of Analyst CoverageNexa Resources has received no research coverage in the past 90 days. Previous Next 4.1 Community Rank Outperform VotesNexa Resources has received 274 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNexa Resources has received 172 “underperform” votes. (Add your “underperform” vote.)Community SentimentNexa Resources has received 61.43% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Nexa Resources and other stocks. Vote “Outperform” if you believe NEXA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NEXA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipNexa Resources is a leading dividend payer. It pays a dividend yield of 5.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNexa Resources has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Nexa Resources is 28.21%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased 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. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nexa Resources insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 7.25% of the stock of Nexa Resources is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Nexa Resources are expected to decrease by -13.56% in the coming year, from $2.95 to $2.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nexa Resources is 5.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Nexa Resources is 5.72, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 13.24.Price to Earnings Growth RatioNexa Resources has a PEG Ratio of 0.41. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNexa Resources has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nexa Resources (NYSE:NEXA)Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business. The company also produces zinc, silver, gold, copper cement, lead, sulfuric acid, sulfur dioxide, copper sulfate, and limestone deposits. It owns and operates five underground polymetallic mines, including three located in the Central Andes of Peru; and two located in the State of Minas Gerais in Brazil. The company also develops the Aripuanã project located in Mato Grosso, Brazil. It exports its products. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources S.A. is a subsidiary of Votorantim S.A.Read More NEXA Stock News HeadlinesJune 24, 2022 | americanbankingnews.comNexa Resources (NYSE:NEXA) Shares Gap Down to $7.00June 22, 2022 | americanbankingnews.comReviewing New Gold (NYSE:NGD) & Nexa Resources (NYSE:NEXA)June 17, 2022 | finance.yahoo.comNEXA vs. WPM: Which Stock Should Value Investors Buy Now?June 9, 2022 | americanbankingnews.comNexa Resources (NYSE:NEXA) Sees Unusually-High Trading VolumeJune 9, 2022 | americanbankingnews.comNexa Resources (NYSE:NEXA) Sees Strong Trading VolumeJune 8, 2022 | americanbankingnews.comNexa Resources (NYSE:NEXA) Shares Gap Down to $8.72June 7, 2022 | finance.yahoo.comIs Nexa Resources (NEXA) a Suitable Value Investor Pick Now?June 3, 2022 | finance.yahoo.comIs Alpha Metallurgical Resources (AMR) a Great Value Stock Right Now?April 30, 2022 | seekingalpha.comNexa Resources S.A. 2022 Q1 - Results - Earnings Call PresentationApril 28, 2022 | finance.yahoo.comNexa Reports First Quarter 2022 Results including Adjusted EBITDA of US$208 MillionApril 28, 2022 | finance.yahoo.comNexa Resources S.A. (NEXA) Q1 Earnings Surpass EstimatesApril 21, 2022 | finance.yahoo.comNexa Resources S.A. (NEXA) Earnings Expected to Grow: Should You Buy?March 28, 2022 | finance.yahoo.comNEXA vs. MP: Which Stock Is the Better Value Option?See More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Metal mining Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:NEXA CUSIPN/A CIK1713930 Webwww.nexaresources.com Phone551134054499FaxN/AEmployees5,840Year FoundedN/ACompany Calendar Last Earnings4/28/2022Today6/24/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$9.90 High Stock Price Forecast$10.00 Low Stock Price Forecast$9.80 Forecasted Upside/Downside+48.0%Consensus RatingHold Rating Score (0-4)2 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.169990 Trailing P/E Ratio5.72 Forward P/E Ratio2.27 P/E Growth0.41Net Income$114.33 million Net Margins5.64% Pretax Margin14.47% Return on Equity8.99% Return on Assets3.09% Debt Debt-to-Equity Ratio0.90 Current Ratio1.46 Quick Ratio0.93 Sales & Book Value Annual Sales$2.62 billion Price / Sales0.34 Cash Flow$2.90 per share Price / Cash Flow2.31 Book Value$12.41 per share Price / Book0.54Miscellaneous Outstanding Shares132,439,000Free FloatN/AMarket Cap$886.02 million OptionableNot Optionable Beta1.48 Nexa Resources Frequently Asked Questions Should I buy or sell Nexa Resources stock right now? 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. View analyst ratings for Nexa Resources or view top-rated stocks. What is Nexa Resources' stock price forecast for 2022? 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. View analysts' price targets for Nexa Resources or view top-rated stocks among Wall Street analysts. How has Nexa Resources' stock price performed in 2022? 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. View the best growth stocks for 2022 here. Are investors shorting Nexa Resources? 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. View Nexa Resources' Short Interest. When is Nexa Resources' next earnings date? Nexa Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Nexa Resources. How were Nexa Resources' earnings last quarter? 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. How often does Nexa Resources pay dividends? What is the dividend yield for Nexa Resources? 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. View Nexa Resources' dividend history. Is Nexa Resources a good dividend stock? 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. Who are Nexa Resources' key executives? Nexa Resources' management team includes the following people: Mr. Juan Ignacio Rosado Gomez de La Torre, Pres & CEO (Age 52, Pay $639.95k)Mr. Rodrigo Nazareth Menck, Sr. VP of Fin., Group CFO & Treasurer (Age 47, Pay $254.31k)Mr. Jones Aparecido Belther, Sr. VP of Mineral Exploration & Technology (Age 54, Pay $298.02k)Mr. Gustavo Cicilini, VP of HR (Age 46, Pay $221.14k)Mr. Mauro Davi Boletta, Sr. VP of Smelting (Age 61, Pay $319.17k)Mr. Leonardo Nunes Coelho, Sr. VP of Mining (Age 45, Pay $662.44k)Mr. Felipe Baldassari Guardiano, VP of Sustainability, Strategic Planning & Corp. Affairs (Age 59, Pay $354.61k)Mr. Ricardo Moraes Galvao Porto, Sr. VP of Commercial & Supply Chain (Age 48, Pay $618.7k)Mr. Marcio Luis Silva Godoy, Sr. VP of Project Devel. & Execution (Age 56, Pay $534.72k)Ms. Roberta Pimphari Varella, Head of Investor Relations Who are some of Nexa Resources' key competitors? 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). View all of NEXA's competitors. What other stocks do shareholders of Nexa Resources own? 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). When did Nexa Resources IPO? (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. What is Nexa Resources' stock symbol? Nexa Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEXA." Who are Nexa Resources' major shareholders? 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%). Which institutional investors are selling Nexa Resources stock? 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. Which institutional investors are buying Nexa Resources stock? 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. How do I buy shares of Nexa Resources? 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. Compare Top Brokerages Here. What is Nexa Resources' stock price today? One share of NEXA stock can currently be purchased for approximately $6.69. How much money does Nexa Resources make? 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. How many employees does Nexa Resources have? Nexa Resources employs 5,840 workers across the globe. How can I contact Nexa Resources? 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]. This page (NYSE:NEXA) was last updated on 6/24/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. MarketBeat Resources Premium Research Tools MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Discover All Access Market Data and Calendars Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free. View Market Data Investing Education and Resources Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. Financial Terms Details Here