Nexa Resources - NEXA Stock Forecast, Price & News

2 Wall Street 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 research analysts is that investors should "hold" NEXA shares. 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 NEXA analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12 month target prices for Nexa Resources' stock. Their NEXA share price forecasts range from $9.80 to $10.00. On average, they anticipate the company's share price to reach $9.90 in the next twelve months. This suggests a possible upside of 37.5% from the stock's current price.
View analysts price targets for NEXA or view top-rated stocks among Wall Street analysts.

Nexa Resources' stock was trading at $7.86 on January 1st, 2022. Since then, NEXA stock has decreased by 8.4% and is now trading at $7.20.
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Nexa Resources saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 152,500 shares, an increase of 112.1% from the June 30th total of 71,900 shares. Based on an average trading volume of 134,900 shares, the short-interest ratio is presently 1.1 days. Approximately 0.3% of the shares of the company are sold short.
View Nexa Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our NEXA earnings forecast.

Nexa Resources S.A. (NYSE:NEXA) released its quarterly earnings results on Thursday, October, 28th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.80. The firm earned $655.08 million during the quarter, compared to analysts' expectations of $640.01 million. Nexa Resources had a trailing twelve-month return on equity of 8.87% and a net margin of 5.36%. During the same quarter in the previous year, the business earned $0.10 earnings per share.

Nexa Resources declared an annual dividend on Thursday, February 17th. Stockholders of record on Friday, March 11th will be given a dividend of $0.3775 per share on Friday, March 25th. This represents a dividend yield of 3%. The ex-dividend date is Thursday, March 10th. This is an increase from the stock's previous annual dividend of $0.26.
Read our dividend analysis for NEXA.

Nexa Resources (NYSE:NEXA) pays an annual dividend of $0.33 per share and currently has a dividend yield of 4.87%. NEXA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NEXA will have a dividend payout ratio of 24.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NEXA.

Based on aggregate information from My MarketBeat watchlists, some companies that other Nexa Resources investors own include Alibaba Group (BABA), Honeywell International (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 served 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 a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.34%), Bank of Montreal Can (0.10%), LPL Financial LLC (0.05%), Mackenzie Financial Corp (0.02%), Employees Retirement System of Texas (0.01%) and Concourse Financial Group Securities Inc. (0.00%).

Shares of NEXA 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 NEXA stock can currently be purchased for approximately $7.20.

Nexa Resources (NYSE:NEXA) has a market capitalization of $953.57 million and generates $2.62 billion in revenue each year. The company earns $114.33 million in net income (profit) each year or $1.17 on an earnings per share basis.

The company 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 the company is www.nexaresources.com. The company can be reached via phone at 551134054499 or via email at leandro.cappa@nexaresources.com.