NYSE:RIO Rio Tinto Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Rio Tinto plc ADR Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $60.49 +0.13 (+0.22 %) (As of 09/28/2020 04:43 PM ET) Add Compare Share Today's Range$60.21Now: $60.49▼$61.1050-Day Range$60.25MA: $62.18▼$65.4352-Week Range$35.35Now: $60.49▼$66.55Volume3.09 million shsAverage Volume2.41 million shsMarket Capitalization$75.49 billionP/E Ratio9.56Dividend Yield5.14%Beta0.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingRio Tinto has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 8 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.00, Rio Tinto has a forecasted downside of 5.8% from its current price of $60.50.Amount of Analyst CoverageRio Tinto has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.9 Community Rank Outperform VotesRio Tinto has received 1,393 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRio Tinto has received 997 “underperform” votes. (Add your “underperform” vote.)Community SentimentRio Tinto has received 58.28% “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. Previous Next 3.3 Dividend Strength Dividend LeadershipRio Tinto is a leading dividend payer. It pays a dividend yield of 5.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRio Tinto does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Rio Tinto is 48.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Rio Tinto will have a dividend payout ratio of 44.41% next year. This indicates that Rio Tinto will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rio Tinto insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 7.73% of the stock of Rio Tinto is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Rio Tinto are expected to decrease by -0.85% in the coming year, from $7.04 to $6.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rio Tinto is 9.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Rio Tinto is 9.56, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 33.43.Price to Book Value per Share RatioRio Tinto has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.9Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.94 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 Phone44-20-7781-1623Debt Debt-to-Equity Ratio0.31 Current Ratio1.61 Quick Ratio1.23Price-To-Earnings Trailing P/E Ratio9.56 Forward P/E Ratio8.59 P/E GrowthN/A Sales & Book Value Annual Sales$43.17 billion Price / Sales1.75 Cash Flow$10.98 per share Price / Cash Flow5.51 Book Value$35.57 per share Price / Book1.70Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees46,000 Outstanding Shares1,248,039,000Market Cap$75.49 billion Next Earnings DateN/A OptionableOptionable $60.49 +0.13 (+0.22 %) (As of 09/28/2020 04:43 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive RIO News and Ratings via Email Sign-up to receive the latest news and ratings for RIO and its competitors with MarketBeat's FREE daily newsletter. Rio Tinto (NYSE:RIO) Frequently Asked Questions How has Rio Tinto's stock been impacted by COVID-19? 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 (WHO). Since then, RIO shares have increased by 41.6% and is now trading at $60.49. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Rio Tinto? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto in the last year. There are currently 9 hold ratings and 8 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 Thursday, July 30th. Stockholders of record on Friday, August 7th will be paid a dividend of $1.55 per share on Thursday, September 17th. This represents a yield of 6.3%. The ex-dividend date is Thursday, August 6th. View Rio Tinto's dividend history. What price target have analysts set for RIO? 17 brokerages have issued 1 year price objectives for Rio Tinto's shares. Their forecasts range from $57.00 to $57.00. On average, they anticipate Rio Tinto's share price to reach $57.00 in the next year. This suggests that the stock has a possible downside of 5.8%. View analysts' price targets for Rio Tinto. Has Rio Tinto been receiving favorable news coverage? Media headlines about RIO stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Rio Tinto earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines 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 near future. View the latest news about Rio Tinto. Are investors shorting Rio Tinto? Rio Tinto saw a increase in short interest in August. As of August 14th, there was short interest totaling 11,550,000 shares, an increase of 20.9% from the July 30th total of 9,550,000 shares. Based on an average daily trading volume, of 2,140,000 shares, the short-interest ratio is currently 5.4 days. Approximately 0.9% of the company's stock are sold short. View Rio Tinto's Short Interest. Who are some of Rio Tinto's key competitors? Some companies that are related to Rio Tinto include Vale (VALE), GMK Noril'skiy nikel' PAO (GDR) (NILSY), FORTESCUE METAL/S (FSUGY), Southern Copper (SCCO), Anglo American (NGLOY), Freeport-McMoRan (FCX), SOUTH32 LTD/S (SOUHY), IMPALA PLATINUM/S (IMPUY), First Quantum Minerals (FQVLF), Lundin Mining (LUNMF), Jaguar Mining (JAGGF), Compania de Minas Buenaventura SAA (BVN), Centamin (CELTF), EXXARO RESOURCE/S (EXXAY) and Pretium Resources (PVG). 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), Pfizer (PFE), AbbVie (ABBV), Verizon Communications (VZ), Johnson & Johnson (JNJ), QUALCOMM (QCOM), Bank of America (BAC) and IBM (IBM). 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 retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.92%), Goldman Sachs Group Inc. (0.35%), Neuberger Berman Group LLC (0.14%), Impala Asset Management LLC (0.12%), Menora Mivtachim Holdings LTD. (0.12%) and Bank of America Corp DE (0.11%). View institutional ownership trends for Rio Tinto. Which major investors are selling Rio Tinto stock? RIO stock was sold by a variety of institutional investors in the last quarter, including Advisory Research Inc., Menora Mivtachim Holdings LTD., Sei Investments Co., Park National Corp OH, Glenmede Trust Co. NA, Todd Asset Management LLC, Two Sigma Advisers LP, and Teachers Retirement System of The State of Kentucky. View insider buying and selling activity for Rio Tinto. Which major investors are buying Rio Tinto stock? RIO stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Verition Fund Management LLC, Fisher Asset Management LLC, Clark Capital Management Group Inc., Bank of America Corp DE, Bank of Montreal Can, Barometer Capital Management Inc., and TD Asset Management 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 $60.49. How big of a company is Rio Tinto? Rio Tinto has a market capitalization of $75.49 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 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
