Rio Tinto Group - RIO Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RIO shares. 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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13 brokerages have issued 12 month price objectives for Rio Tinto Group's shares. Their RIO share price forecasts range from $70.00 to $5,800.00. On average, they expect the company's share price to reach $2,935.00 in the next year. This suggests a possible upside of 4,103.7% from the stock's current price.
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Rio Tinto Group's stock was trading at $66.94 at the start of the year. Since then, RIO stock has increased by 4.3% and is now trading at $69.82.
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Rio Tinto Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 13,480,000 shares, an increase of 15.7% from the October 31st total of 11,650,000 shares. Based on an average daily trading volume, of 4,230,000 shares, the short-interest ratio is presently 3.2 days.
View Rio Tinto Group's Short Interest.

Rio Tinto Group (NYSE:RIO) issued its quarterly earnings data on Wednesday, February, 23rd. The mining company reported $3.91 EPS for the quarter, hitting analysts' consensus estimates of $3.91.

Rio Tinto Group declared a semi-annual dividend on Thursday, July 28th. Shareholders of record on Friday, August 12th will be paid a dividend of $2.67 per share on Thursday, September 22nd. This represents a dividend yield of 11.4%. The ex-dividend date is Thursday, August 11th.
Read our dividend analysis for RIO.

Rio Tinto Group (NYSE:RIO) pays an annual dividend of $5.33 per share and currently has a dividend yield of 7.63%. RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for RIO.

282 employees have rated Rio Tinto Group Chief Executive Officer Jean-Sébastien Jacques on Glassdoor.com. Jean-Sébastien Jacques has an approval rating of 79% among the company's employees.

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 institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.13%), Neuberger Berman Group LLC (0.43%), Dimensional Fund Advisors LP (0.24%), SPX Gestao de Recursos Ltda (0.12%), Cullen Capital Management LLC (0.11%) and BlackRock Inc. (0.09%).
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Shares of RIO stock 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 $69.82.

Rio Tinto Group (NYSE:RIO) has a market capitalization of $87.23 billion and generates $63.50 billion in revenue each year.

The company employs 49,000 workers across the globe.

Rio Tinto Group's mailing address is 6 ST JAMES`S SQUARE, LONDON X0, 12207. The official website for the company is www.riotinto.com. The mining company can be reached via phone at 442077812000, via email at david.ovington@riotinto.com, or via fax at 44-20-7781-1800.