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S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The Day of Financial Reckoning Is Near (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
3rd Massive Dollar Upheaval Has Started (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The Day of Financial Reckoning Is Near (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
3rd Massive Dollar Upheaval Has Started (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The Day of Financial Reckoning Is Near (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
3rd Massive Dollar Upheaval Has Started (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
US Dollar Replaced By "Biden Bucks"? (Ad)
NYSE:RIO

Rio Tinto Group - RIO Stock Forecast, Price & News

$59.66
-1.32 (-2.16%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$59.32
$60.01
50-Day Range
$54.68
$74.41
52-Week Range
$53.83
$84.69
Volume
2.67 million shs
Average Volume
4.15 million shs
Market Capitalization
$74.92 billion
P/E Ratio
N/A
Dividend Yield
8.74%
Price Target
$78.00

Rio Tinto Group MarketRank™ Forecast

Analyst Rating
Hold
2.19 Rating Score
Upside/​Downside
7,184.1% Upside
$4,345.71 Price Target
Short Interest
Healthy
1.23% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Rio Tinto Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-17.65%
From $9.12 to $7.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

Basic Materials Sector

142nd out of 171 stocks

Metal Mining Industry

13th out of 18 stocks

RIO stock logo

About Rio Tinto Group (NYSE:RIO) Stock

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

Rio Tinto Group Stock Performance

Shares of NYSE:RIO opened at $60.98 on Wednesday. The business has a 50 day simple moving average of $61.42 and a two-hundred day simple moving average of $70.44. Rio Tinto Group has a 1 year low of $53.83 and a 1 year high of $84.69. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.79.

Rio Tinto Group Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Thursday, September 22nd. Shareholders of record on Friday, August 12th will be given a $2.67 dividend. This represents a yield of 11.4%. The ex-dividend date of this dividend is Thursday, August 11th.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. UBS Group reduced their target price on Rio Tinto Group from GBX 4,400 ($53.17) to GBX 4,300 ($51.96) in a report on Thursday, July 28th. StockNews.com downgraded Rio Tinto Group from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 12th. Morgan Stanley reduced their price target on shares of Rio Tinto Group from GBX 5,990 ($72.38) to GBX 5,900 ($71.29) and set an "overweight" rating on the stock in a research report on Tuesday. Liberum Capital lowered shares of Rio Tinto Group from a "hold" rating to a "sell" rating in a research report on Wednesday, May 4th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Rio Tinto Group from GBX 6,000 ($72.50) to GBX 5,800 ($70.08) in a research note on Wednesday, June 29th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $4,345.71.

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RIO Stock News Headlines

Miners Advance On Earnings Despite Broader Economic Challenges
Miners Rio Tinto, BHP Group and Vale are up since reporting earnings, although supply-chain, labor and inflation challenges may possibly hinder future growth.
Rio Tinto, Winning strike JV deal for Guinea project
See More Headlines
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RIO Company Calendar

Last Earnings
2/23/2022
Ex-Dividend for 9/22 Dividend
8/11/2022
Today
8/18/2022
Dividend Payable
9/22/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Employees
49,000
Year Founded
1873

Price Target and Rating

Average Stock Price Forecast
$4,345.71
High Stock Price Forecast
$5,900.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+30.7%
Consensus Rating
Hold
Rating Score (0-4)
2.19
Research Coverage
16 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$63.50 billion
Cash Flow
$21.16 per share
Book Value
$45.47 per share

Miscellaneous

Outstanding Shares
1,255,795,000
Free Float
N/A
Market Cap
$74.92 billion
Optionable
Optionable
Beta
0.65

Social Links


Key Executives

  • Mr. Jakob Stausholm M.S. (Age 54)
    MS, CEO & Exec. Director
    Comp: $2.84M
  • Mr. Peter Lloyd Cunningham B.A. (Age 55)
    CFO & Exec. Director
    Comp: $1.65M
  • Mr. Arnaud Soirat (Age 57)
    Group Chief Operating Officer
    Comp: $833k
  • Mr. Alfredo Barrios BSc Physics (Age 56)
    MSc, Ph.D., Chief Commercial Officer
    Comp: $2.35M
  • Mr. Bold Baatar (Age 48)
    Chief Exec. of Copper
    Comp: $1.5M
  • Mr. Simon C. Trott BSc(Hon) (Age 47)
    GAICD, GradDipFin, Chief Exec. of Iron Ore
    Comp: $1.48M
  • Mr. Ivan Vella
    Chief Exec. of Aluminum
  • Ms. Sinead Kaufman
    Chief Exec. of Minerals
  • Mr. Mark Davies
    Chief Technical Officer
  • Mr. Menno Gerard Cornelis Sanderse
    Head of Investor Relations













RIO Stock - Frequently Asked Questions

Should I buy or sell Rio Tinto Group stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last twelve months. There are currently 3 sell ratings, 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RIO shares. 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.
View RIO analyst ratings
or view top-rated stocks.

What is Rio Tinto Group's stock price forecast for 2022?

16 analysts have issued 1-year price targets for Rio Tinto Group's shares. Their RIO share price forecasts range from $70.00 to $5,900.00. On average, they predict the company's share price to reach $4,345.71 in the next twelve months. This suggests a possible upside of 7,184.1% from the stock's current price.
View analysts price targets for RIO
or view top-rated stocks among Wall Street analysts.

How have RIO shares performed in 2022?

Rio Tinto Group's stock was trading at $66.94 at the start of the year. Since then, RIO stock has decreased by 10.9% and is now trading at $59.66.
View the best growth stocks for 2022 here
.

How were Rio Tinto Group's earnings last quarter?

Rio Tinto Group (NYSE:RIO) announced its quarterly earnings data on Wednesday, February, 23rd. The mining company reported $3.91 EPS for the quarter, meeting the consensus estimate of $3.91.

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

Rio Tinto Group announced a semi-annual dividend on Thursday, July 28th. Stockholders of record on Friday, August 12th will be paid a dividend of $2.67 per share on Thursday, September 22nd. This represents a yield of 11.4%. The ex-dividend date of this dividend is Thursday, August 11th.
Read our dividend analysis for RIO
.

Is Rio Tinto Group a good dividend stock?

Rio Tinto Group (NYSE:RIO) pays an annual dividend of $5.33 per share and currently has a dividend yield of 8.74%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for RIO.

What is Jean-Sébastien Jacques' approval rating as Rio Tinto Group's CEO?

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

What other stocks do shareholders of Rio Tinto Group own?

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).

What is Rio Tinto Group's stock symbol?

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

Who are Rio Tinto Group's major shareholders?

Rio Tinto Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (0.49%), FMR LLC (0.24%), Optiver Holding B.V. (0.00%), Northern Trust Corp (0.14%), Renaissance Technologies LLC (0.11%) and Cullen Capital Management LLC (0.10%).
View institutional ownership trends
.

How do I buy shares of Rio Tinto Group?

Shares of RIO 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 Rio Tinto Group's stock price today?

One share of RIO stock can currently be purchased for approximately $59.66.

How much money does Rio Tinto Group make?

Rio Tinto Group (NYSE:RIO) has a market capitalization of $74.92 billion and generates $63.50 billion in revenue each year.

How many employees does Rio Tinto Group have?

The company employs 49,000 workers across the globe.

Does Rio Tinto Group have any subsidiaries?
The following companies are subsidiares of Rio Tinto Group: Aluchemie, Aluminium division of Rio Tinto, Anglesey Aluminium Metal Ltd, Dampier Salt Limited, Hamersley Iron Pty Ltd., Hathor Exploration, Hope Downs Joint Venture, Hope Downs Marketing Company Pty Ltd, Iron Ore Company of Canada, Ivanhoe Mines, Kennecott Exploration Company, Kennecott Utah Copper Corporation, Kennecott Utah Copper LLC, North Limited, PT Kelian Equatorial Mining, Pilbara Iron, QIT Madagascar Minerals, Queensland Coal Pty. Limited, RTA Yarwun Pty Ltd, Richards Bay Mining, Rio Tinto Alcan Inc., Rio Tinto Aluminium, Rio Tinto Coal Australia, Rio Tinto Desenvolvimentos Minerais Ltda., Rio Tinto Fer et Titane Inc, Rio Tinto France SAS, Rio Tinto Iceland Ltd., and Rio Tinto Iron Ore Asia Pte. Ltd..
Read More
When was Rio Tinto Group founded?

Rio Tinto Group was founded in 1873.

How can I contact Rio Tinto Group?

Rio Tinto Group's mailing address is 6 ST JAMES`S SQUARE, LONDON X0, 12207. The official website for the company is www.riotinto.com. The mining company can be reached via phone at 442077812000, via email at david.ovington@riotinto.com, or via fax at 44-20-7781-1800.

This page (NYSE:RIO) was last updated on 8/18/2022 by MarketBeat.com Staff

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