NYSE:RIORio Tinto Stock Price, Forecast & News

$56.55

-0.10 (-0.18 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$56.32

Now: $56.55▼

$57.79

50-Day Range

$44.51

MA: $48.76▼

$56.53

52-Week Range

$35.35

Now: $56.55▼

$64.02

Volume3.68 million shs

Average Volume2.62 million shs

Market Capitalization$70.58 billion

P/E Ratio8.93

Dividend Yield8.16%

Beta0.66

Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. The company offers aluminium, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It is also involved in the alumina production; primary aluminium smelting; bauxite mining; alumina refining; and ilmenite mining, as well as provision of gypsum. Rio Tinto Group is headquartered in London, the United Kingdom.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
Rio Tinto has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 7 buy ratings, 10 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $57.00, Rio Tinto has a potential upside of 0.8% from its current price of $56.55.
Amount of Analyst Coverage
Rio Tinto has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Rio Tinto has received 1,385 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Rio Tinto has received 981 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Rio Tinto has received 58.54% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Rio Tinto and other stocks. Vote “Outperform” if you believe RIO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RIO will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Rio Tinto is a leading dividend payer. It pays a dividend yield of 8.16%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rio Tinto has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Rio Tinto is 72.99 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Rio Tinto will have a dividend payout ratio of 99.78 % in the coming year. This indicates that Rio Tinto may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rio Tinto insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 7.57% of the stock of Rio Tinto is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Rio Tinto are expected to decrease by -8.50% in the coming year, from $5.06 to $4.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rio Tinto is 8.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rio Tinto is 8.93, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.49.
Price to Book Value per Share Ratio
Rio Tinto has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.74 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Metal mining

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:RIO

Previous SymbolNYSE:RTP

CUSIPN/A

CIK915754

Webwww.riotinto.com

Phone44-20-7781-1623

Debt

Debt-to-Equity Ratio0.29

Current Ratio1.56

Quick Ratio1.24

Price-To-Earnings

Trailing P/E Ratio8.93

Forward P/E Ratio11.18

P/E GrowthN/A

Sales & Book Value

Annual Sales$43.17 billion

Price / Sales1.64

Cash Flow$11.61 per share

Price / Cash Flow4.87

Book Value$35.57 per share

Price / Book1.59

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees46,000

Outstanding Shares1,248,039,000

Market Cap$70.58 billion

Next Earnings DateN/A

OptionableOptionable

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Rio Tinto (NYSE:RIO) Frequently Asked Questions

How has Rio Tinto's stock been impacted by COVID-19 (Coronavirus)?

Rio Tinto's stock was trading at $42.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RIO stock has increased by 32.4% and is now trading at $56.55. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Rio Tinto?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto in the last year. There are currently 4 sell ratings, 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rio Tinto.

How often does Rio Tinto pay dividends? What is the dividend yield for Rio Tinto?

Rio Tinto announced a semi-annual dividend on Monday, March 2nd. Shareholders of record on Monday, March 9th will be given a dividend of $2.31 per share on Thursday, April 16th. This represents a yield of 6.8%. The ex-dividend date is Friday, March 6th. View Rio Tinto's dividend history.

What price target have analysts set for RIO?

21 equities research analysts have issued 12 month price targets for Rio Tinto's shares. Their forecasts range from $57.00 to $57.00. On average, they expect Rio Tinto's share price to reach $57.00 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price. View analysts' price targets for Rio Tinto.

Has Rio Tinto been receiving favorable news coverage?

Media headlines about RIO stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rio Tinto earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave news articles about the mining company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutRio Tinto.

Are investors shorting Rio Tinto?

Rio Tinto saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,650,000 shares, an increase of 12.5% from the April 30th total of 5,020,000 shares. Based on an average daily trading volume, of 3,040,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.5% of the company's stock are short sold. View Rio Tinto's Current Options Chain.

Who are some of Rio Tinto's key competitors?

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), EXXARO RESOURCE/S (EXXAY), Centamin (CELTF), Cleveland-Cliffs (CLF) and Compania de Minas Buenaventura SAA (BVN). View all competitors.

What other stocks do shareholders of Rio Tinto own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rio Tinto investors own include AT&T (T), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ), Walt Disney (DIS), Exxon Mobil (XOM), Bank of America (BAC), Pfizer (PFE), AbbVie (ABBV) and Chevron (CVX).

Who are Rio Tinto's key executives?

Rio Tinto's management team includes the following people:

Mr. Jean-Sébastien Jacques M.Sc., CEO & Director (Age 48)
Mr. Jakob Stausholm M.S., MS, CFO & Exec. Director (Age 51)
Mr. Philip Richards BA, Group Exec. & Group Gen. Counsel (Age 63)
Ms. Vera Kirikova MBA, HR Group Exec. (Age 45)
Ms. Joanne Margaret Farrell, Group Exec. of Health, Safety & Environment and MD of Australia (Age 61)

What is Rio Tinto's stock symbol?

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

Who are Rio Tinto's major shareholders?

Rio Tinto's stock is owned by a variety of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (0.91%), Fisher Asset Management LLC (0.89%), Menora Mivtachim Holdings LTD. (0.16%), Parametric Portfolio Associates LLC (0.13%), Van ECK Associates Corp (0.12%) and Wellington Management Group LLP (0.12%). View institutional ownership trends for Rio Tinto.

Which institutional investors are selling Rio Tinto stock?

RIO stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, JPMorgan Chase & Co., Two Sigma Advisers LP, 1832 Asset Management L.P., 1832 Asset Management L.P., Avalon Investment & Advisory, State Street Corp, and Manning & Napier Group LLC. View insider buying and selling activity for Rio Tinto.

Which institutional investors are buying Rio Tinto stock?

RIO stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Eaton Vance Management, Wellington Management Group LLP, Connor Clark & Lunn Investment Management Ltd., Gavea Investimentos Ltda, SPX Equities Gestao de Recursos Ltda, Parametric Portfolio Associates LLC, and Advisory Research Inc.. View insider buying and selling activity for Rio Tinto.

How do I buy shares of 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.

What is Rio Tinto's stock price today?

One share of RIO stock can currently be purchased for approximately $56.55.

How big of a company is Rio Tinto?

Rio Tinto has a market capitalization of $70.58 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 employs 46,000 workers across the globe.

What is Rio Tinto's official website?

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

How can I contact Rio Tinto?

Rio Tinto'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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff