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.
Read More…
Industry, Sector and Symbol
Industry Metal mining
Sub-IndustryN/A
SectorBasic Materials
Phone44-20-7781-1623
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$40.52 billion
Profitability
Miscellaneous
Employees47,458
Next Earnings DateN/A
OptionableOptionable
Rio Tinto (NYSE:RIO) Frequently Asked Questions
What is Rio Tinto's stock symbol?
Rio Tinto trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIO."
How often does Rio Tinto pay dividends? What is the dividend yield for Rio Tinto?
Rio Tinto declared a semiannual dividend on Friday, March 1st. Investors of record on Friday, March 8th will be given a dividend of $1.806 per share on Thursday, April 18th. This represents a yield of 6.19%. The ex-dividend date is Thursday, March 7th. This is a boost from Rio Tinto's previous semiannual dividend of $1.27. View Rio Tinto's Dividend History.
How will Rio Tinto's stock buyback program work?
Rio Tinto declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 7th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.
What price target have analysts set for RIO?
19 brokerages have issued 12 month price objectives for Rio Tinto's stock. Their forecasts range from $55.23 to $56.08. On average, they anticipate Rio Tinto's share price to reach $55.6550 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Rio Tinto.
What is the consensus analysts' recommendation for Rio Tinto?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto in the last year. There are currently 5 sell ratings, 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rio Tinto.
Has Rio Tinto been receiving favorable news coverage?
Press coverage about RIO stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring 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 0.9 on InfoTrie's scale. They also gave news coverage about the mining company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Rio Tinto.
Are investors shorting Rio Tinto?
Rio Tinto saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 7,787,200 shares, an increase of 16.3% from the July 31st total of 6,693,600 shares. Based on an average daily trading volume, of 2,330,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 0.6% 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), First Quantum Minerals (FQVLF), IMPALA PLATINUM/S (IMPUY), Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), EXXARO RESOURCE/S (EXXAY), Cleveland-Cliffs (CLF) and Pretium Resources (PVG).
What other stocks do shareholders of Rio Tinto own?
Who are Rio Tinto's key executives?
Rio Tinto's management team includes the folowing 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)
Who are Rio Tinto's major shareholders?
Rio Tinto's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.83%), Earnest Partners LLC (0.17%), Van ECK Associates Corp (0.14%), Bank of America Corp DE (0.13%), Northern Trust Corp (0.11%) and Menora Mivtachim Holdings LTD. (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 Bank of America Corp DE, Van ECK Associates Corp, Renaissance Technologies LLC, Menora Mivtachim Holdings LTD., Jennison Associates LLC, Jennison Associates LLC, Bank of New York Mellon Corp and Gabelli Funds LLC. View Insider Buying and Selling for Rio Tinto.
Which major investors are buying Rio Tinto stock?
RIO stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Morgan Stanley, Bank of Nova Scotia, BlackRock Inc., Marshall Wace LLP, Aperio Group LLC, Northern Trust Corp and Envestnet Asset Management Inc.. View Insider Buying and Selling 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 $54.85.
How big of a company is Rio Tinto?
Rio Tinto has a market capitalization of $69.77 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.
What is Rio Tinto's official website?
How can I contact Rio Tinto?
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]
MarketBeat Community Rating for Rio Tinto (NYSE RIO)
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.
