Rio Tinto Group Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last year. There are currently 1 sell rating, 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Rio Tinto Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RIO, but not buy additional shares or sell existing shares.
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Rio Tinto Group saw a increase in short interest during the month of February. As of February 12th, there was short interest totaling 7,570,000 shares, an increase of 30.7% from the January 28th total of 5,790,000 shares. Based on an average daily trading volume, of 2,000,000 shares, the days-to-cover ratio is currently 3.8 days. Approximately 0.6% of the shares of the company are sold short.
View Rio Tinto Group's Short Interest.

Rio Tinto Group's stock was trading at $42.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RIO stock has increased by 104.6% and is now trading at $87.40.
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Rio Tinto Group announced a semi-annual dividend on Thursday, February 18th. Shareholders of record on Friday, March 5th will be paid a dividend of $0.93 per share on Thursday, April 15th. This represents a dividend yield of 4.4%. The ex-dividend date of this dividend is Thursday, March 4th.
View Rio Tinto Group's dividend history.

Rio Tinto Group pays an annual dividend of $3.10 per share and currently has a dividend yield of 3.55%. Rio Tinto Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Rio Tinto Group is 48.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Rio Tinto Group will have a dividend payout ratio of 29.25% next year. This indicates that Rio Tinto Group will be able to sustain or increase its dividend.
View Rio Tinto Group's dividend history.

282 employees have rated Rio Tinto Group CEO Jean-Sébastien Jacques on Glassdoor.com. Jean-Sébastien Jacques has an approval rating of 79% among Rio Tinto Group's employees.

Some companies that are related to Rio Tinto Group include BHP Group (BHP), Vale (VALE), Fortescue Metals Group (FSUGY), Southern Copper (SCCO), Anglo American (NGLOY), Freeport-McMoRan (FCX), Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (NILSY), First Quantum Minerals (FQVLF), Impala Platinum (IMPUY), South32 (SOUHY), Lundin Mining (LUNMF), Cleveland-Cliffs (CLF), Turquoise Hill Resources (TRQ), Exxaro Resources (EXXAY) and Compañía de Minas Buenaventura S.A.A. (BVN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Rio Tinto Group investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), Pfizer (PFE), AbbVie (ABBV), Verizon Communications (VZ), Johnson & Johnson (JNJ), QUALCOMM (QCOM), Bank of America (BAC) and International Business Machines (IBM).

Rio Tinto Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIO."

Rio Tinto Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.97%), Dimensional Fund Advisors LP (0.25%), Northern Trust Corp (0.11%), Todd Asset Management LLC (0.08%), Van ECK Associates Corp (0.08%) and Morgan Stanley (0.07%).
View institutional ownership trends for Rio Tinto Group.

RIO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, JPMorgan Chase & Co., Eaton Vance Management, Gabalex Capital Management LLC, Gabelli Funds LLC, Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., and Raymond James Financial Services Advisors Inc..
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RIO stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Lazard Asset Management LLC, Dimensional Fund Advisors LP, Morgan Stanley, Toroso Investments LLC, Wells Fargo & Company MN, Bank of New York Mellon Corp, and Caas Capital Management LP.
View insider buying and selling activity for Rio Tinto Group or or view top insider-buying stocks.

Shares of RIO 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 RIO stock can currently be purchased for approximately $87.40.

Rio Tinto Group has a market capitalization of $109.08 billion and generates $43.17 billion in revenue each year. The mining company earns $8.01 billion in net income (profit) each year or $6.33 on an earnings per share basis.

Rio Tinto Group employs 46,000 workers across the globe.

The official website for Rio Tinto Group is www.riotinto.com.

Rio Tinto Group is headquartered at 6 ST JAMES`S SQUARE, LONDON X0, 12207.

Rio Tinto Group's mailing address is 6 ST JAMES`S SQUARE, LONDON X0, 12207. The mining company can be reached via phone at 44-20-7781-1623 or via email at [email protected]