NYSE:RIO - Rio Tinto Stock Price, Forecast & News

Rio Tinto's stock was trading at $42.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RIO stock has increased by 6.6% and is now trading at $45.53. View which stocks have been mosted impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto in the last year. There are currently 4 sell ratings, 11 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rio Tinto.

Rio Tinto declared a semi-annual dividend on Monday, March 2nd. Investors of record on Monday, March 9th will be given a dividend of $2.31 per share on Thursday, April 16th. This represents a dividend yield of 6.8%. The ex-dividend date of this dividend is Friday, March 6th. View Rio Tinto's dividend history.

22 analysts have issued 1 year price objectives for Rio Tinto's stock. Their forecasts range from $57.00 to $57.00. On average, they anticipate Rio Tinto's stock price to reach $57.00 in the next year. This suggests a possible upside of 25.2% from the stock's current price. View analysts' price targets for Rio Tinto.

News coverage about RIO stock has been trending very positive this week, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by reviewing 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 nearest to five being the most favorable. Rio Tinto earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned news headlines about the mining company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutRio Tinto.

Rio Tinto saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 6,822,800 shares, an increase of 16.4% from the February 27th total of 5,860,000 shares. Based on an average daily trading volume, of 2,040,000 shares, the short-interest ratio is presently 3.3 days. Currently, 0.6% of the shares of the stock are sold short. View Rio Tinto's Current Options Chain.

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), EXXARO RESOURCE/S (EXXAY), Centamin (CELTF), Compania de Minas Buenaventura SAA (BVN) and Pretium Resources (PVG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Rio Tinto investors own include AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Bank of America (BAC), Micron Technology (MU), Alibaba Group (BABA), Exxon Mobil (XOM), Walt Disney (DIS) and Pfizer (PFE).

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

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.

One share of RIO stock can currently be purchased for approximately $45.53.

Rio Tinto has a market capitalization of $56.82 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. View additional information about Rio Tinto.

The official website for Rio Tinto is http://www.riotinto.com/.

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]