Tronox - TROX Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tronox in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TROX shares.
View TROX analyst ratings or view top-rated stocks.

8 brokers have issued 12-month price objectives for Tronox's shares. Their TROX share price forecasts range from $10.00 to $23.00. On average, they predict the company's stock price to reach $16.88 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts price targets for TROX or view top-rated stocks among Wall Street analysts.

Tronox's stock was trading at $13.71 at the beginning of the year. Since then, TROX stock has increased by 27.4% and is now trading at $17.47.
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Tronox saw a increase in short interest in December. As of December 30th, there was short interest totaling 3,150,000 shares, an increase of 43.2% from the December 15th total of 2,200,000 shares. Based on an average daily trading volume, of 1,230,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.8% of the company's stock are sold short.
View Tronox's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our TROX earnings forecast.

Tronox will be holding an earnings conference call on Thursday, February 16th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "643926".

Tronox Holdings plc (NYSE:TROX) released its quarterly earnings results on Wednesday, October, 27th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.08. The firm had revenue of $870 million for the quarter, compared to the consensus estimate of $896.40 million. Tronox had a net margin of 16.13% and a trailing twelve-month return on equity of 19.19%. Tronox's revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.05 earnings per share.

Tronox announced a quarterly dividend on Tuesday, November 1st. Stockholders of record on Monday, November 14th will be paid a dividend of $0.125 per share on Friday, December 16th. This represents a $0.50 annualized dividend and a yield of 2.86%. The ex-dividend date is Thursday, November 10th.
Read our dividend analysis for TROX.

Tronox (NYSE:TROX) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.92%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TROX will have a dividend payout ratio of 27.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TROX.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tronox investors own include Obsidian Energy (OBE), General Mills (GIS), Supervalu (SVU), Energy Transfer (ET), (JPEP) (JPEP), Ford Motor (F), Pfizer (PFE), General Electric (GE), Murphy Oil (MUR) and Target (TGT).

Tronox trades on the New York Stock Exchange (NYSE) under the ticker symbol "TROX."

Tronox's stock is owned by many different retail and institutional investors. Top institutional shareholders include Knights of Columbus Asset Advisors LLC (0.12%), New York State Common Retirement Fund (0.08%), Allspring Global Investments Holdings LLC (0.04%), Bank of Montreal Can (0.04%), 44 Wealth Management LLC (0.03%) and Brookstone Capital Management (0.02%). Insiders that own company stock include Ilan Kaufthal, Jean Francois Turgeon, Jeffrey N Neuman, Jonathan Flood, Sipho Abednego Nkosi, Timothy C Carlson, Vanessa Ann Guthrie and Wayne A Hinman.
View institutional ownership trends.

Shares of TROX 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 TROX stock can currently be purchased for approximately $17.47.

Tronox (NYSE:TROX) has a market capitalization of $2.70 billion and generates $3.57 billion in revenue each year. The company earns $286 million in net income (profit) each year or $3.76 on an earnings per share basis.

The company employs 6,588 workers across the globe.

Tronox's mailing address is LAPORTE ROAD STALLINGBOROUGH, GRIMSBY X0, DN40 2PR. The official website for the company is www.tronox.com. The company can be reached via phone at (203) 705-3800, via email at investorrelations@tronox.com, or via fax at 203-705-3703.