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 2.0% and is now trading at $43.57. 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. Shareholders of record on Monday, March 9th will be given a dividend of $2.31 per share on Thursday, April 16th. This represents a yield of 6.8%. The ex-dividend date of this dividend is Friday, March 6th. View Rio Tinto's dividend history.

22 brokerages have issued 1 year target prices for Rio Tinto's shares. Their forecasts range from $57.00 to $57.00. On average, they expect Rio Tinto's stock price to reach $57.00 in the next twelve months. This suggests a possible upside of 30.8% from the stock's current price. View analysts' price targets for Rio Tinto.

Headlines about RIO stock have been trending extremely negative on Sunday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Rio Tinto earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned media coverage about the mining company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutRio Tinto.

Rio Tinto saw a increase in short interest during 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 trading volume of 2,040,000 shares, the short-interest ratio is presently 3.3 days. Approximately 0.6% of the shares of the company 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), Compania de Minas Buenaventura SAA (BVN), EXXARO RESOURCE/S (EXXAY), Centamin (CELTF) 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."

Rio Tinto's stock is owned by a number of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (0.68%), Franklin Resources Inc. (0.68%), Earnest Partners LLC (0.15%), Menora Mivtachim Holdings LTD. (0.13%), Van ECK Associates Corp (0.12%) and Renaissance Technologies LLC (0.12%). View institutional ownership trends for Rio Tinto.

RIO stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Bank of America Corp DE, Van ECK Associates Corp, Parsec Financial Management Inc., Pacer Advisors Inc., SG Americas Securities LLC, State Street Corp, and Commerzbank Aktiengesellschaft FI. View insider buying and selling activity for Rio Tinto.

RIO stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Franklin Resources Inc., Tdam USA Inc., 1832 Asset Management L.P., SPX Equities Gestao de Recursos Ltda, LMR Partners LLP, Bank of Montreal Can, and Renaissance Technologies LLC. View insider buying and selling activity for 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.

One share of RIO stock can currently be purchased for approximately $43.57.

Rio Tinto has a market capitalization of $54.38 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 47,458 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]