QQQ   326.68 (+0.80%)
AAPL   170.07 (+0.94%)
MSFT   288.19 (+0.41%)
META   180.18 (+1.52%)
GOOGL   120.30 (+1.23%)
AMZN   141.07 (+0.31%)
TSLA   861.09 (+0.14%)
NVDA   183.29 (+2.16%)
NIO   20.66 (-0.77%)
BABA   93.23 (-1.73%)
AMD   100.65 (+2.58%)
MU   63.40 (+1.73%)
T   18.14 (+0.55%)
CGC   3.24 (+2.86%)
GE   79.00 (+0.13%)
F   15.94 (+0.69%)
DIS   120.93 (+2.75%)
AMC   25.62 (+0.63%)
PYPL   101.68 (+2.59%)
PFE   49.21 (+1.91%)
NFLX   245.76 (+1.26%)
QQQ   326.68 (+0.80%)
AAPL   170.07 (+0.94%)
MSFT   288.19 (+0.41%)
META   180.18 (+1.52%)
GOOGL   120.30 (+1.23%)
AMZN   141.07 (+0.31%)
TSLA   861.09 (+0.14%)
NVDA   183.29 (+2.16%)
NIO   20.66 (-0.77%)
BABA   93.23 (-1.73%)
AMD   100.65 (+2.58%)
MU   63.40 (+1.73%)
T   18.14 (+0.55%)
CGC   3.24 (+2.86%)
GE   79.00 (+0.13%)
F   15.94 (+0.69%)
DIS   120.93 (+2.75%)
AMC   25.62 (+0.63%)
PYPL   101.68 (+2.59%)
PFE   49.21 (+1.91%)
NFLX   245.76 (+1.26%)
QQQ   326.68 (+0.80%)
AAPL   170.07 (+0.94%)
MSFT   288.19 (+0.41%)
META   180.18 (+1.52%)
GOOGL   120.30 (+1.23%)
AMZN   141.07 (+0.31%)
TSLA   861.09 (+0.14%)
NVDA   183.29 (+2.16%)
NIO   20.66 (-0.77%)
BABA   93.23 (-1.73%)
AMD   100.65 (+2.58%)
MU   63.40 (+1.73%)
T   18.14 (+0.55%)
CGC   3.24 (+2.86%)
GE   79.00 (+0.13%)
F   15.94 (+0.69%)
DIS   120.93 (+2.75%)
AMC   25.62 (+0.63%)
PYPL   101.68 (+2.59%)
PFE   49.21 (+1.91%)
NFLX   245.76 (+1.26%)
QQQ   326.68 (+0.80%)
AAPL   170.07 (+0.94%)
MSFT   288.19 (+0.41%)
META   180.18 (+1.52%)
GOOGL   120.30 (+1.23%)
AMZN   141.07 (+0.31%)
TSLA   861.09 (+0.14%)
NVDA   183.29 (+2.16%)
NIO   20.66 (-0.77%)
BABA   93.23 (-1.73%)
AMD   100.65 (+2.58%)
MU   63.40 (+1.73%)
T   18.14 (+0.55%)
CGC   3.24 (+2.86%)
GE   79.00 (+0.13%)
F   15.94 (+0.69%)
DIS   120.93 (+2.75%)
AMC   25.62 (+0.63%)
PYPL   101.68 (+2.59%)
PFE   49.21 (+1.91%)
NFLX   245.76 (+1.26%)
NYSE:RIO

Rio Tinto Group - RIO Stock Forecast, Price & News

$59.57
-0.41 (-0.68%)
(As of 08/12/2022 09:58 AM ET)
Add
Compare
Today's Range
$59.15
$59.58
50-Day Range
$54.68
$78.40
52-Week Range
$53.83
$84.69
Volume
40,123 shs
Average Volume
3.38 million shs
Market Capitalization
$74.81 billion
P/E Ratio
N/A
Dividend Yield
13.50%
Price Target
$78.00

Rio Tinto Group MarketRank™ Forecast

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
6,767.2% Upside
$4,086.67 Price Target
Short Interest
Healthy
1.23% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

1.74 out of 5 stars

Basic Materials Sector

145th out of 172 stocks

Metal Mining Industry

14th 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.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on RIO shares. Citigroup raised shares of Rio Tinto Group from a "neutral" rating to a "buy" rating in a report on Wednesday, April 20th. Royal Bank of Canada lowered their target price on shares of Rio Tinto Group from GBX 4,900 ($59.21) to GBX 4,700 ($56.79) in a report on Thursday, July 28th. UBS Group lowered their target price on shares of Rio Tinto Group from GBX 4,400 ($53.17) to GBX 4,300 ($51.96) in a report on Thursday, July 28th. StockNews.com cut shares of Rio Tinto Group from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 12th. Finally, Jefferies Financial Group raised shares of Rio Tinto Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 7th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $4,086.67.

Rio Tinto Group Stock Down 2.8 %

Shares of NYSE:RIO opened at $59.98 on Friday. Rio Tinto Group has a 52-week low of $53.83 and a 52-week high of $84.69. The firm has a fifty day moving average of $62.73 and a 200 day moving average of $70.85. The company has a current ratio of 1.79, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21.

Rio Tinto Group Cuts Dividend

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

Receive RIO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Rio Tinto Group and its competitors with MarketBeat's FREE daily newsletter.

RIO Stock News Headlines

Rio Tinto, Winning strike JV deal for Guinea project
See More Headlines
Receive RIO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Rio Tinto Group and its competitors with MarketBeat's FREE daily newsletter.

RIO Company Calendar

Last Earnings
2/23/2022
Ex-Dividend for 9/22 Dividend
8/11/2022
Today
8/12/2022
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
$4,086.67
High Stock Price Forecast
$5,800.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+30.9%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
16 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$63.50 billion
Cash Flow
$20.06 per share
Book Value
$45.47 per share

Miscellaneous

Outstanding Shares
1,255,800,000
Free Float
N/A
Market Cap
$74.81 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 analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 stock. Their RIO share price forecasts range from $70.00 to $5,800.00. On average, they anticipate the company's share price to reach $4,086.67 in the next year. This suggests a possible upside of 6,713.4% 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 10.4% and is now trading at $59.98.
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 earnings per share for the quarter, hitting 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 declared a semi-annual dividend on Thursday, July 28th. Shareholders of record on Friday, August 12th will be given a dividend of $2.67 per share on Thursday, September 22nd. This represents a dividend 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 $8.33 per share and currently has a dividend yield of 13.50%. 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 number of retail and institutional investors. Top institutional investors include Optiver Holding B.V. (0.00%), Cullen Capital Management LLC (0.10%), TD Asset Management Inc. (0.10%), Todd Asset Management LLC (0.08%), Envestnet Asset Management Inc. (0.06%) and Bank of Montreal Can (0.05%).
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 $59.98.

How much money does Rio Tinto Group make?

Rio Tinto Group (NYSE:RIO) has a market capitalization of $75.32 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 8/12/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.