Nexa Resources Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nexa Resources in the last year. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

Wall Street analysts have given Nexa Resources a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nexa Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Nexa Resources saw a drop in short interest during the month of January. As of January 29th, there was short interest totaling 131,400 shares, a drop of 23.8% from the January 14th total of 172,400 shares. Based on an average daily trading volume, of 38,200 shares, the short-interest ratio is currently 3.4 days. Approximately 0.3% of the company's shares are sold short.
View Nexa Resources' Short Interest.

Nexa Resources is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Nexa Resources.

Nexa Resources S.A. (NYSE:NEXA) posted its quarterly earnings results on Friday, February, 12th. The company reported $0.38 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.07. The business had revenue of $634.50 million for the quarter, compared to analyst estimates of $595.43 million. Nexa Resources had a negative trailing twelve-month return on equity of 3.22% and a negative net margin of 32.17%.
View Nexa Resources' earnings history.

Nexa Resources' stock was trading at $5.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NEXA stock has increased by 59.7% and is now trading at $9.28.
View which stocks have been most impacted by COVID-19.

Nexa Resources announced an annual dividend on Tuesday, February 16th. Stockholders of record on Friday, March 12th will be paid a dividend of $0.2643 per share on Friday, March 26th. This represents a dividend yield of 2.5%. The ex-dividend date is Thursday, March 11th.
View Nexa Resources' dividend history.

Nexa Resources pays an annual dividend of $0.32 per share and currently has a dividend yield of 3.45%. The dividend payout ratio of Nexa Resources is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Nexa Resources will have a dividend payout ratio of 80.00% in the coming year. This indicates that Nexa Resources may not be able to sustain their current dividend.
View Nexa Resources' dividend history.

8 equities research analysts have issued twelve-month price targets for Nexa Resources' shares. Their forecasts range from $3.10 to $11.00. On average, they anticipate Nexa Resources' share price to reach $6.90 in the next twelve months. This suggests that the stock has a possible downside of 25.6%.
View analysts' price targets for Nexa Resources or view top-rated stocks among Wall Street analysts.

Some companies that are related to Nexa Resources include Compañía de Minas Buenaventura S.A.A. (BVN), Exxaro Resources (EXXAY), Turquoise Hill Resources (TRQ), Pretium Resources (PVG), Hudbay Minerals (HBM), Lithium Americas (LAC), MP Materials (MP), Centamin (CELTF), New Gold (NGD), North American Palladium (PALDF), Augusta Gold (BFGC), Sierra Metals (SMTS), Jaguar Mining (JAGGD), Jaguar Mining (JAGGF) and PolyMet Mining (PLM).
View all of NEXA's competitors.

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), The Home Depot (HD), Raytheon Technologies (RTX), Cisco Systems (CSCO), CVS Health (CVS), The 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 a price of $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 a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (0.82%), ETF Managers Group LLC (0.68%), Norges Bank (0.37%), Renaissance Technologies LLC (0.35%), BW Gestao de Investimentos Ltda. (0.09%) and Northern Trust Corp (0.05%).

NEXA stock was sold by a variety of institutional investors in the last quarter, including BW Gestao de Investimentos Ltda., Northern Trust Corp, and Dimensional Fund Advisors LP.

NEXA stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, ETF Managers Group LLC, Renaissance Technologies LLC, and JPMorgan Chase & Co..

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.

One share of NEXA stock can currently be purchased for approximately $9.28.

Nexa Resources has a market capitalization of $1.24 billion and generates $2.33 billion in revenue each year. The company earns $-146,630,000.00 in net income (profit) each year or $0.36 on an earnings per share basis.

Nexa Resources employs 5,760 workers across the globe.

The official website for Nexa Resources is www.nexaresources.com.

Nexa Resources is headquartered at 37A AVENUE J.F. KENNEDY, LUXEMBOURG N4, L-1855.

Nexa Resources' mailing address is 37A AVENUE J.F. KENNEDY, LUXEMBOURG N4, L-1855. The company can be reached via phone at 352-2600-5343 or via email at [email protected]