NYSE:NEXA Nexa Resources - NEXA 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. $5.96 -0.07 (-1.16%) (As of 03/22/2023 11:59 AM ET) Add Compare Share Share Today's Range$5.94▼$6.0150-Day Range$5.55▼$7.5152-Week Range$4.27▼$10.54Volume2,825 shsAverage Volume113,542 shsMarket CapitalizationN/AP/E Ratio16.11Dividend Yield5.54%Price Target$8.27 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Nexa Resources MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside37.1% Upside$8.27 Price TargetShort InterestHealthy0.22% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.09Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth34.71%From $1.21 to $1.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.91 out of 5 stars 3.2 Analyst's Opinion Consensus RatingNexa Resources has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.27, Nexa Resources has a forecasted upside of 37.1% from its current price of $6.03.Amount of Analyst CoverageNexa Resources has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.22% of the float of Nexa Resources has been sold short.Short Interest Ratio / Days to CoverNexa Resources has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nexa Resources has recently decreased by 19.40%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipNexa Resources is a leading dividend payer. It pays a dividend yield of 5.96%, 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 89.19%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Nexa Resources will have a dividend payout ratio of 20.25% next year. This indicates that Nexa Resources will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NEXA. Previous Next 1.7 News and Social Media Coverage News SentimentNexa Resources has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.28 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Nexa Resources this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for NEXA on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days. 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 6.78% of the stock of Nexa Resources is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Nexa Resources are expected to grow by 34.71% in the coming year, from $1.21 to $1.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nexa Resources is 16.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Nexa Resources is 16.30, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 77.62.Price to Earnings Growth RatioNexa Resources has a PEG Ratio of 1.89. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNexa Resources has a P/B Ratio of 0.47. 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) StockNexa Resources SA engages in the production of zinc in Latin America. It operates through the Mining and Smelting segments. The Mining segment comprises of mines located in Peru and Brazil, which includes mineral exploration activities and the production of zinc, copper, and lead concentrates. The Smelting segment consists of facilities that recover and produce metallic zinc, zinc oxide, and by-products. The company was founded on February 26, 2014 and is headquartered in Luxembourg.Read More 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 News HeadlinesMarch 20, 2023 | finanznachrichten.deNexa Resources S.A.: Nexa Announces Filing of Annual Report on Form 20-F For The Fiscal Year Ended 2022 and Publication of Mining ReportMarch 20, 2023 | finance.yahoo.comNexa Announces 2022 Year-End Mineral Reserves and Mineral ResourcesMarch 22, 2023 | Investing Daily (Ad)How This Trader Banked A 97% Win RateDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 16, 2023 | finanznachrichten.deNexa Resources S.A.: Nexa Provides Update on Cerro Lindo Mine OperationMarch 16, 2023 | finance.yahoo.comNexa Provides Update on Cerro Lindo Mine OperationMarch 13, 2023 | americanbankingnews.comFinancial Analysis: Nexa Resources (NYSE:NEXA) & International Tower Hill Mines (NYSE:THM)March 9, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Materials Stocks: Teck Resources (TECK), Argonaut Gold (ARNGF)February 24, 2023 | marketwatch.comZinc Market Overview 2023 to 2028 With Top Countries DataMarch 22, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.February 16, 2023 | msn.comNexa Resources to distribute $25M as special dividendFebruary 15, 2023 | finance.yahoo.comNexa Reports Fourth Quarter and Full Year 2022 Results Including Adjusted EBITDA Record of US $760 MillionFebruary 15, 2023 | finance.yahoo.comEarnings Preview: SSR Mining (SSRM) Q4 Earnings Expected to DeclineFebruary 10, 2023 | finance.yahoo.comNexa Resources (NEXA) to Report Q4 Earnings: What's in Store?January 10, 2023 | finance.yahoo.comIs Klabin (KLBAY) Outperforming Other Basic Materials Stocks This Year?January 6, 2023 | finance.yahoo.comZacks Market Edge Highlights: APLE, MAC, NEXA, T, MMPJanuary 5, 2023 | finance.yahoo.comThe Best Investing Advice for 2023January 3, 2023 | msn.comNexa Resources halts zinc production at Peru mine due to protestsJanuary 2, 2023 | finance.yahoo.comEstimating The Fair Value Of Nexa Resources S.A. (NYSE:NEXA)December 17, 2022 | seekingalpha.comNEXA Nexa Resources S.A.December 13, 2022 | finance.yahoo.comShareholders in Nexa Resources (NYSE:NEXA) are in the red if they invested five years agoNovember 15, 2022 | ca.finance.yahoo.comStocks in play: dynaCERTInc.November 1, 2022 | forbes.comHow To Make Mining A Magnet For TikTokersOctober 27, 2022 | finance.yahoo.comNexa Reports Third Quarter 2022 Results including Adjusted EBITDA of US$103 MillionOctober 18, 2022 | finance.yahoo.comNexa Resources Presents Strategic Directions, Purpose, and ESG Program in New YorkOctober 6, 2022 | finance.yahoo.comNEXA Announces ESG Commitments Through 2030September 16, 2022 | seekingalpha.comAlcoa, Teck, Nexa upgraded to Overweight at Morgan StanleySeptember 14, 2022 | finanznachrichten.deNexa Resources S.A.: Nexa Resources Announces New CFOSee More Headlines 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 Company Calendar Last Earnings10/28/2021Ex-Dividend for 3/24 Dividend3/09/2023Today3/22/2023Dividend Payable3/24/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Metal mining Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:NEXA CUSIPN/A CIK1713930 Webwww.nexaresources.com Phone(522) 826-3727FaxN/AEmployees5,840Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.27 High Stock Price Forecast$9.80 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+37.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.37 Trailing P/E Ratio16.30 Forward P/E Ratio4.98 P/E Growth1.89Net Income$49.10 million Net Margins1.62% Pretax Margin7.49% Return on Equity7.00% Return on Assets2.50% Debt Debt-to-Equity Ratio0.95 Current Ratio1.36 Quick Ratio0.92 Sales & Book Value Annual Sales$3.03 billion Price / SalesN/A Cash Flow$3.61 per share Price / Cash Flow1.67 Book Value$12.91 per share Price / Book0.47Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.52 Key ExecutivesJuan Ignacio Rosado Gómez de la TorrePresident & Chief Executive OfficerJosé Carlos del Valle CastroGroup Chief Financial Officer & SVP-FinanceJones Aparecido BeltherSenior VP-Mineral Exploration & TechnologyFelipe Baldassari GuardinoVice President-Sustainability & Strategic PlanningMarcio Luis Silva GodoSenior VP-Project Development & ExecutionKey CompetitorsDRDGOLDNYSE:DRDioneerNASDAQ:IONRU.S. GoldNASDAQ:USAUWestwater ResourcesNASDAQ:WWRAvino Silver & Gold MinesNYSE:ASMView All CompetitorsInstitutional OwnershipMorgan StanleySold 65,456 shares on 2/15/2023Ownership: 0.000%Squarepoint Ops LLCBought 14,678 shares on 2/15/2023Ownership: 0.000%Norges BankBought 12,486 shares on 2/15/2023Ownership: 0.000%Susquehanna International Group LLPSold 5,700 shares on 2/14/2023Ownership: 0.000%PDT Partners LLCBought 11,400 shares on 2/14/2023Ownership: 0.000%View All Institutional Transactions NEXA Stock - Frequently Asked Questions Should I buy or sell Nexa Resources stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nexa Resources in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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. What is Nexa Resources' stock price forecast for 2023? 3 analysts have issued 1 year target prices for Nexa Resources' stock. Their NEXA share price forecasts range from $7.00 to $9.80. On average, they anticipate the company's stock price to reach $8.27 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price. View analysts price targets for NEXA or view top-rated stocks among Wall Street analysts. How have NEXA shares performed in 2023? Nexa Resources' stock was trading at $6.03 at the start of the year. Since then, NEXA shares have increased by 0.0% and is now trading at $6.03. View the best growth stocks for 2023 here. Are investors shorting Nexa Resources? Nexa Resources saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 100,100 shares, a decline of 19.4% from the February 13th total of 124,200 shares. Based on an average trading volume of 139,900 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are sold short. View Nexa Resources' Short Interest. When is Nexa Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our NEXA earnings forecast. How were Nexa Resources' earnings last quarter? Nexa Resources S.A. (NYSE:NEXA) posted its earnings results on Thursday, October, 28th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.66 by $0.80. The business earned $655.08 million during the quarter, compared to the consensus estimate of $640.01 million. Nexa Resources had a net margin of 1.62% and a trailing twelve-month return on equity of 7.00%. During the same period in the previous year, the firm posted $0.10 earnings per share. How often does Nexa Resources pay dividends? What is the dividend yield for Nexa Resources? Nexa Resources announced a None dividend on Wednesday, February 15th. Stockholders of record on Friday, March 10th will be paid a dividend of $0.189 per share on Friday, March 24th. This represents a dividend yield of 5%. The ex-dividend date of this dividend is Thursday, March 9th. Read our dividend analysis for NEXA. What ETFs hold Nexa Resources' stock? ETFs with the largest weight of Nexa Resources (NYSE:NEXA) stock in their portfolio include ETFMG Prime Junior Silver Miners ETF (SILJ).Global X Copper Miners ETF (COPX). 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 5.96%. 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 89.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NEXA will have a dividend payout ratio of 20.25% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NEXA. 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), 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). 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 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. 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 a variety of retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.00%), Dimensional Fund Advisors LP (0.00%), Renaissance Technologies LLC (0.00%), Morgan Stanley (0.00%), HRT Financial LP (0.00%) and Susquehanna International Group LLP (0.00%). How do I buy shares of Nexa Resources? 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. Compare Top Brokerages Here. What is Nexa Resources' stock price today? One share of NEXA stock can currently be purchased for approximately $6.03. How many employees does Nexa Resources have? The company 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 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. This page (NYSE:NEXA) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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