Rio Tinto Group Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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.
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Wall Street analysts have given Rio Tinto Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Rio Tinto Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Rio Tinto Group's stock was trading at $42.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RIO shares have increased by 121.6% and is now trading at $94.65.
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Rio Tinto Group declared a semi-annual dividend on Thursday, February 18th. Investors of record on Friday, March 5th will be given a dividend of $0.93 per share on Thursday, April 15th. This represents a yield of 4.4%. The ex-dividend date of this dividend is Thursday, March 4th.
View Rio Tinto Group's dividend history.

Rio Tinto Group pays an annual dividend of $6.18 per share and currently has a dividend yield of 6.59%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Rio Tinto Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Rio Tinto Group is 97.63%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Rio Tinto Group will have a dividend payout ratio of 58.30% next year. This indicates that Rio Tinto Group will be able to sustain or increase its dividend.
View Rio Tinto Group's dividend history.

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.

Some companies that are related to Rio Tinto Group include BHP Group (BHP), Vale (VALE), Anglo American (NGLOY), Freeport-McMoRan (FCX), Southern Copper (SCCO), Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (NILSY), Fortescue Metals Group (FSUGY), First Quantum Minerals (FQVLF), Impala Platinum (IMPUY), South32 (SOUHY), Cleveland-Cliffs (CLF), Lundin Mining (LUNMF), MP Materials (MP), Turquoise Hill Resources (TRQ) and Exxaro Resources (EXXAY).
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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).

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

Rio Tinto Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.00%), Acadian Asset Management LLC (0.08%), BlackRock Inc. (0.08%), Todd Asset Management LLC (0.08%), Envestnet Asset Management Inc. (0.03%) and Natixis Advisors L.P. (0.02%).
View institutional ownership trends for Rio Tinto Group.

RIO stock was sold by a variety of institutional investors in the last quarter, including Pacific Heights Asset Management LLC, Calamos Advisors LLC, Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., CIBC World Markets Inc., Todd Asset Management LLC, Barings LLC, and The Manufacturers Life Insurance Company .
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RIO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Fisher Asset Management LLC, Main Street Research LLC, Cullen Capital Management LLC, Janney Montgomery Scott LLC, Gratus Capital LLC, SPX Equities Gestao de Recursos Ltda, and BOKF NA.
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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.
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One share of RIO stock can currently be purchased for approximately $94.65.

Rio Tinto Group has a market capitalization of $118.13 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 Group employs 47,500 workers across the globe.

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..

Rio Tinto Group was founded in 1873.

The official website for Rio Tinto Group is www.riotinto.com.

Rio Tinto Group is headquartered at 6 ST JAMES`S SQUARE, LONDON X0, 12207.

Rio Tinto Group'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]