Nexa Resources Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nexa Resources in the last twelve months. There are currently 1 sell rating, 4 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.
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Wall Street analysts have given Nexa Resources a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nexa Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Nexa Resources saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 246,300 shares, an increase of 119.5% from the March 31st total of 112,200 shares. Based on an average trading volume of 124,700 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.5% of the shares of the company are short sold.
View Nexa Resources' Short Interest.

Nexa Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Nexa Resources.

Nexa Resources S.A. (NYSE:NEXA) issued its quarterly earnings results on Thursday, April, 29th. The company reported $0.17 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.08. The firm had revenue of $602.93 million for the quarter. 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 reached pandemic status according to the World Health Organization. Since then, NEXA stock has increased by 100.2% and is now trading at $11.63.
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Nexa Resources declared 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 $0.26 per share and currently has a dividend yield of 2.35%. The dividend payout ratio of Nexa Resources is 72.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nexa Resources will have a dividend payout ratio of 65.00% next year. This indicates that Nexa Resources will be able to sustain or increase its dividend.
View Nexa Resources' dividend history.

8 brokerages have issued 12-month target prices for Nexa Resources' stock. Their forecasts range from $3.10 to $11.00. On average, they anticipate Nexa Resources' share price to reach $7.72 in the next twelve months. This suggests that the stock has a possible downside of 33.6%.
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Some companies that are related to Nexa Resources include MP Materials (MP), Turquoise Hill Resources (TRQ), Compañía de Minas Buenaventura S.A.A. (BVN), Exxaro Resources (EXXAY), Pretium Resources (PVG), Hudbay Minerals (HBM), Centamin (CELTF), Lithium Americas (LAC), New Gold (NGD), North American Palladium (PALDF), Augusta Gold (BFGC), Sierra Metals (SMTS), Jaguar Mining (JAGGF), Jaguar Mining (JAGGD) and Fission Uranium (FCUUF).
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 initial public offering (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 investors include Capital International Investors (4.30%), Dimensional Fund Advisors LP (0.78%), Renaissance Technologies LLC (0.38%), JPMorgan Chase & Co. (0.04%), Northern Trust Corp (0.03%) and Arrowstreet Capital Limited Partnership (0.02%).

NEXA stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Dimensional Fund Advisors LP, and Northern Trust Corp.

NEXA stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Arrowstreet Capital Limited Partnership, JPMorgan Chase & Co., and Van ECK Associates Corp.

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 $11.63.

Nexa Resources has a market capitalization of $1.54 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]