NYSE:RIO - Rio Tinto Stock Price, Forecast & News

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

Rio Tinto declared a semiannual dividend on Friday, March 1st. Stockholders of record on Friday, March 8th will be given a dividend of $1.806 per share on Thursday, April 18th. This represents a dividend yield of 6.19%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from Rio Tinto's previous semiannual dividend of $1.27. View Rio Tinto's Dividend History.

Rio Tinto announced that its Board of Directors has initiated a share buyback plan on Wednesday, February 7th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

Rio Tinto is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Rio Tinto.

24 analysts have issued 12 month price objectives for Rio Tinto's shares. Their forecasts range from $55.23 to $4,100.00. On average, they anticipate Rio Tinto's share price to reach $1,067.08 in the next year. This suggests a possible upside of 1,836.6% from the stock's current price. View Analyst Price Targets for Rio Tinto.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto in the last year. There are currently 5 sell ratings, 14 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rio Tinto.

Media coverage about RIO stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rio Tinto earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the mining company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Rio Tinto.

Some companies that are related to Rio Tinto include BHP Group (BHP), Vale (VALE), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Anglo American (NGLOY), Southern Copper (SCCO), FORTESCUE METAL/S (FSUGY), Freeport-McMoRan (FCX), SOUTH32 LTD/S (SOUHY), IMPALA PLATINUM/S (IMPUY), First Quantum Minerals (FQVLF), Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), EXXARO RESOURCE/S (EXXAY), Cleveland-Cliffs (CLF) and Pretium Resources (PVG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Rio Tinto investors own include AT&T (T), Intel (INTC), Bank of America (BAC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Alibaba Group (BABA), Pfizer (PFE), Exxon Mobil (XOM), QUALCOMM (QCOM) and Micron Technology (MU).

Rio Tinto's stock is owned by a number of of institutional and retail investors. Top institutional investors include Park National Corp OH (0.01%), Manning & Napier Group LLC (0.01%), Grassi Investment Management (0.01%), BLB&B Advisors LLC (0.00%), AE Wealth Management LLC (0.00%) and Gilman Hill Asset Management LLC (0.00%). View Institutional Ownership Trends for Rio Tinto.

RIO stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Neville Rodie & Shaw Inc., Janney Montgomery Scott LLC, Institute for Wealth Management LLC., First Hawaiian Bank, AE Wealth Management LLC, Eqis Capital Management Inc. and Carroll Financial Associates Inc.. View Insider Buying and Selling for Rio Tinto.

RIO stock was purchased by a variety of institutional investors in the last quarter, including Park National Corp OH, Manning & Napier Group LLC, Clear Street Markets LLC, Perigon Wealth Management LLC, Grassi Investment Management, Peterson Wealth Management, Lester Murray Antman dba SimplyRich and Miles Capital Inc.. View Insider Buying and Selling for Rio Tinto.

Shares of RIO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RIO stock can currently be purchased for approximately $55.10.

Rio Tinto has a market capitalization of $70.09 billion and generates $40.52 billion in revenue each year. The mining company earns $13.64 billion in net income (profit) each year or $5.07 on an earnings per share basis. Rio Tinto employs 47,458 workers across the globe.View Additional Information About Rio Tinto.

The official website for Rio Tinto is http://www.riotinto.com/.

Rio Tinto's mailing address is 6 ST JAMES`S SQUARE, LONDON X0, 12207-2543. The mining company can be reached via phone at 44-20-7781-1623 or via email at [email protected]