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 year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NEXA shares.
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2 brokers have issued 12-month target prices for Nexa Resources' stock. Their NEXA share price forecasts range from $8.00 to $9.80. On average, they predict the company's share price to reach $8.90 in the next year. This suggests a possible upside of 31.3% 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 $6.03 on January 1st, 2023. Since then, NEXA stock has increased by 12.4% and is now trading at $6.78.
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Nexa Resources saw a drop in short interest in January. As of January 15th, there was short interest totaling 216,600 shares, a drop of 16.0% from the December 31st total of 258,000 shares. Based on an average daily trading volume, of 189,700 shares, the short-interest ratio is currently 1.1 days. Currently, 0.5% of the shares of the stock are sold short.
View Nexa Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our NEXA earnings forecast.

Nexa Resources S.A. (NYSE:NEXA) posted its earnings results on Thursday, October, 28th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by $0.80. The business had revenue of $655.08 million for the quarter, compared to the consensus estimate of $640.01 million. Nexa Resources had a trailing twelve-month return on equity of 7.48% and a net margin of 4.51%. During the same period in the prior year, the firm posted $0.10 EPS.

Nexa Resources announced an annual dividend on Thursday, February 17th. Shareholders 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 of this dividend is Thursday, March 10th. This is a boost 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 4.56%. 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 33.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NEXA will have a dividend payout ratio of 23.57% 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), 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 institutional and retail investors. Top institutional shareholders include 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 $6.78.

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 (522) 826-3727 or via email at leandro.cappa@nexaresources.com.