NYSE:RIO

Rio Tinto Group Stock Forecast, Price & News

$62.72

+1.91 (+3.14%)

(As of 06/24/2022 12:00 AM ET)

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Today's Range: $60.72
▼
$62.73
50-Day Range: $60.81
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$82.40
52-Week Range: $59.58
▼
$89.51

Volume: 3.21 million shs
Average Volume: 3.02 million shs
Market Capitalization: $78.76 billion

P/E Ratio: N/A
Dividend Yield: 13.70%
Price Target: $100.13

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RIO Stock Forecast (MarketRank)

Overall MarketRank^™

2.10 out of 5 stars

Basic Materials Sector

111th out of 242 stocks

Metal Mining Industry

8th out of 29 stocks

4.1 Analyst's Opinion

Consensus Rating
Rio Tinto Group has received a consensus rating of Hold. The company's average rating score is 2.12, and is based on 5 buy ratings, 9 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2,938.40, Rio Tinto Group has a forecasted upside of 4,584.9% from its current price of $62.72.
Amount of Analyst Coverage
Rio Tinto Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.8 Community Rank

Outperform Votes
Rio Tinto Group has received 1,439 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Rio Tinto Group has received 558 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Rio Tinto Group has received 72.06% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Rio Tinto Group 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.

1.7 Dividend Strength

Dividend Leadership
Rio Tinto Group is a leading dividend payer. It pays a dividend yield of 13.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rio Tinto Group does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Rio Tinto Group will have a dividend payout ratio of 84.23% in the coming year. This indicates that Rio Tinto Group 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 Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 10.84% of the stock of Rio Tinto Group is held by institutions.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Rio Tinto Group are expected to decrease by -14.00% in the coming year, from $11.50 to $9.89 per share.
Price to Earnings Growth Ratio
Rio Tinto Group has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Rio Tinto Group has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Rio Tinto Group (NYSE:RIO)

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.

June 24, 2022 | msn.com

Rio Tinto to help Mongolia tackle climate change, desertification

June 24, 2022 | finance.yahoo.com

UPDATE 1-Rio Tinto to help Mongolia tackle climate change, desertification

June 24, 2022 | americanbankingnews.com

Rio Tinto Group (NYSE:RIO) Sees Strong Trading Volume

June 23, 2022 | uk.finance.yahoo.com

Inside the sex scandal at the heart of the world’s dirtiest industry

June 19, 2022 | americanbankingnews.com

Rio Tinto Group (NYSE:RIO) Shares Gap Down to $68.04

June 11, 2022 | americanbankingnews.com

Analysts Set Rio Tinto Group (NYSE:RIO) Target Price at $5,776.67

June 10, 2022 | americanbankingnews.com

Rio Tinto Group (NYSE:RIO) Shares Gap Down to $78.40

June 10, 2022 | americanbankingnews.com

Rio Tinto Group to Post FY2023 Earnings of $11.22 Per Share, Jefferies Financial Group Forecasts (NYSE:RIO)

June 9, 2022 | americanbankingnews.com

FY2022 EPS Estimates for Rio Tinto Group (NYSE:RIO) Reduced by Jefferies Financial Group

June 8, 2022 | fool.com.au

Rio Tinto share price lifts amid ‘important’ renewable energy step

June 8, 2022 | 247wallst.com

Wednesday's Top Analyst Upgrades and Downgrades: Altria, Apple, Chevron, Exxon, FedEx, Peabody Energy, Plug Power, Rio Tinto, Target, UPS and More

June 8, 2022 | americanbankingnews.com

Rio Tinto Group (NYSE:RIO) Upgraded by Jefferies Financial Group to Buy

June 7, 2022 | finance.yahoo.com

These 3 dividend stocks offer monstrous yields between 8.5% and 16% — for inflation defense and hefty cash income, take a closer look now

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Metal mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:RIO
Previous Symbol: NYSE:RTP
CUSIP: N/A
CIK: 863064
Web: www.riotinto.com
Phone: 442077812000
Fax: 44-20-7781-1800
Employees: 49,000
Year Founded: 1873

Company Calendar

Last Earnings: 2/23/2022
Ex-Dividend for 4/21 Dividend: 3/10/2022
Dividend Payable: 4/21/2022
Today: 6/25/2022
Fiscal Year End: 12/31/2022

Price Target and Rating

Average Stock Price Forecast: $2,938.40
High Stock Price Forecast: $6,000.00
Low Stock Price Forecast: $70.00
Forecasted Upside/Downside: +59.7%
Consensus Rating: Hold
Rating Score (0-4): 2.11764705882353
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 5.45
P/E Growth: 1.65
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.93
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $63.50 billion
Price / Sales: 1.24
Cash Flow: $21.41 per share
Price / Cash Flow: 2.93
Book Value: $45.06 per share
Price / Book: 1.39

Miscellaneous

Outstanding Shares: 1,255,800,000
Free Float: N/A
Market Cap: $78.76 billion
Optionable: Optionable
Beta: 0.61

Social Links

Rio Tinto Group Frequently Asked Questions

Should I buy or sell Rio Tinto Group stock right now?: 17 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, 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Rio Tinto Group stock. 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 analyst ratings for Rio Tinto Group or view top-rated stocks.
What is Rio Tinto Group's stock price forecast for 2022?: 17 brokerages have issued 12 month price objectives for Rio Tinto Group's shares. Their RIO stock forecasts range from $70.00 to $6,000.00. On average, they expect Rio Tinto Group's stock price to reach $2,938.40 in the next twelve months. This suggests a possible upside of 4,584.9% from the stock's current price.
View analysts' price targets for Rio Tinto Group or view top-rated stocks among Wall Street analysts.
How has Rio Tinto Group's stock price performed in 2022?: Rio Tinto Group's stock was trading at $66.94 at the beginning of 2022. Since then, RIO stock has decreased by 6.3% and is now trading at $62.72.
View the best growth stocks for 2022 here.
How were Rio Tinto Group's earnings last quarter?: Rio Tinto Group (NYSE:RIO) posted its quarterly earnings data on Wednesday, February, 23rd. The mining company reported $3.91 EPS for the quarter, hitting the consensus estimate of $3.91.
View Rio Tinto Group's earnings history.
How often does Rio Tinto Group pay dividends? What is the dividend yield for Rio Tinto Group?: Rio Tinto Group announced a None dividend on Wednesday, February 23rd. Shareholders of record on Friday, March 11th will be paid a dividend of $4.785 per share on Thursday, April 21st. This represents a yield of 10.2%. The ex-dividend date is Thursday, March 10th. This is an increase from Rio Tinto Group's previous None dividend of $1.10.
View Rio Tinto Group's dividend history.
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 13.70%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Rio Tinto Group's dividend history.
Who are Rio Tinto Group's key executives?: Rio Tinto Group's management team includes the following people:
Mr. Jakob Stausholm M.S., MS, CEO & Exec. Director (Age 54, Pay $2.84M)
Mr. Peter Lloyd Cunningham B.A., CFO & Exec. Director (Age 55, Pay $1.65M)
Mr. Arnaud Soirat, Group Chief Operating Officer (Age 57, Pay $833k)
Mr. Alfredo Barrios BSc Physics, MSc, Ph.D., Chief Commercial Officer (Age 56, Pay $2.35M)
Mr. Bold Baatar, Chief Exec. of Copper (Age 48, Pay $1.5M)
Mr. Simon C. Trott BSc(Hon), GAICD, GradDipFin, Chief Exec. of Iron Ore (Age 47, Pay $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
What is Jean-Sébastien Jacques' approval rating as Rio Tinto Group's CEO?: 282 employees have rated Rio Tinto Group CEO Jean-Sébastien Jacques on Glassdoor.com. Jean-Sébastien Jacques has an approval rating of 79% among Rio Tinto Group's employees.
Who are some of Rio Tinto Group's key competitors?: Some companies that are related to Rio Tinto Group include BHP Group (BHP), Vale (VALE), Anglo American (NGLOY), Freeport-McMoRan (FCX), Southern Copper (SCCO), Fortescue Metals Group (FSUGY), Vedanta (VEDL), First Quantum Minerals (FQVLF), South32 (SOUHY), Impala Platinum (IMPUY), Cleveland-Cliffs (CLF), Atlas Copco (ATLRF), MP Materials (MP), Turquoise Hill Resources (TRQ) and Lundin Mining (LUNMF).
View all of RIO's competitors.
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 retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (1.13%), Arrowstreet Capital Limited Partnership (1.03%), Capital World Investors (0.68%), Wellington Management Group LLP (0.44%), Neuberger Berman Group LLC (0.38%) and Cowa LLC (0.26%).
View institutional ownership trends for Rio Tinto Group.
Which major investors are selling Rio Tinto Group stock?: RIO stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Goldman Sachs Group Inc., Renaissance Technologies LLC, UBS Group AG, PEAK6 Investments LLC, Walleye Trading LLC, Jane Street Group LLC, and Simplex Trading LLC.
View insider buying and selling activity for Rio Tinto Group or view top insider-selling stocks.
Which major investors are buying Rio Tinto Group stock?: RIO stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Cowa LLC, Wellington Management Group LLP, Neuberger Berman Group LLC, Connor Clark & Lunn Investment Management Ltd., Cullen Capital Management LLC, Fisher Asset Management LLC, and SPX Equities Gestao de Recursos Ltda.
View insider buying and selling activity for Rio Tinto Group or or view top insider-buying stocks.
How do I buy shares of Rio Tinto Group?: Shares of RIO 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 $62.72.
How much money does Rio Tinto Group make?: Rio Tinto Group (NYSE:RIO) has a market capitalization of $78.76 billion and generates $63.50 billion in revenue each year.
How many employees does Rio Tinto Group have?: Rio Tinto Group 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 Rio Tinto Group is www.riotinto.com. The mining company can be reached via phone at 442077812000, via email at [email protected], or via fax at 44-20-7781-1800.

This page (NYSE:RIO) was last updated on 6/25/2022 by MarketBeat.com Staff

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Rio Tinto Group Stock Forecast, Price & News

Receive RIO Stock News and Ratings via Email

RIO Stock Forecast (MarketRank)

Overall MarketRank™

4.1 Analyst's Opinion

4.8 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

1.7 Dividend Strength

0.0 Company Ownership

0.0 Earnings and Valuation

About Rio Tinto Group (NYSE:RIO)

RIO Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Rio Tinto Group Frequently Asked Questions

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

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

How has Rio Tinto Group's stock price performed in 2022?

How were Rio Tinto Group's earnings last quarter?

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

Is Rio Tinto Group a good dividend stock?

Who are Rio Tinto Group's key executives?

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

Who are some of Rio Tinto Group's key competitors?

What other stocks do shareholders of Rio Tinto Group own?

What is Rio Tinto Group's stock symbol?

Who are Rio Tinto Group's major shareholders?

Which major investors are selling Rio Tinto Group stock?

Which major investors are buying Rio Tinto Group stock?

How do I buy shares of Rio Tinto Group?

What is Rio Tinto Group's stock price today?

How much money does Rio Tinto Group make?

How many employees does Rio Tinto Group have?

Does Rio Tinto Group have any subsidiaries?

When was Rio Tinto Group founded?

How can I contact Rio Tinto Group?

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