Tronox (TROX) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tronox in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TROX shares.
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8 brokerages have issued 1 year price targets for Tronox's stock. Their TROX share price forecasts range from $10.00 to $23.00. On average, they anticipate the company's stock price to reach $16.75 in the next year. This suggests a possible upside of 57.4% from the stock's current price.
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Tronox's stock was trading at $13.71 on January 1st, 2023. Since then, TROX shares have decreased by 22.4% and is now trading at $10.64.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our TROX earnings forecast.

Tronox Holdings plc (NYSE:TROX) announced its earnings results on Wednesday, April, 26th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.03. The company had revenue of $708 million for the quarter, compared to analyst estimates of $683.96 million. Tronox had a trailing twelve-month return on equity of 10.12% and a net margin of 15.77%. The company's revenue for the quarter was down 26.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.60 earnings per share.

Tronox announced a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Monday, May 15th will be given a dividend of $0.125 per share on Friday, June 16th. This represents a $0.50 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date of this dividend is Friday, May 12th.
Read our dividend analysis for TROX.

ETFs with the largest weight of Tronox (NYSE:TROX) stock in their portfolio include VanEck Rare Earth/Strategic Metals ETF (REMX), Virtus Real Asset Income ETF (VRAI), Royce Quant Small-Cap Quality Value ETF (SQLV), Optica Rare Earths & Critical Materials ETF (CRIT), Avantis U.S. Small Cap Value ETF (AVUV), Dimensional US Small Cap Value ETF (DFSV), USCF Sustainable Battery Metals Strategy Fund (ZSB) and Vanguard U.S. Value Factor (VFVA).

Tronox (NYSE:TROX) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.38%. TROX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 15.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TROX will have a dividend payout ratio of 21.74% 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 institutional and retail investors. Top institutional shareholders include FMR LLC (14.79%), Dimensional Fund Advisors LP (5.57%), BlackRock Inc. (5.13%), Franklin Resources Inc. (3.87%), State Street Corp (1.67%) and Van Lanschot Kempen Investment Management N.V. (1.59%). Insiders that own company stock include Jean Francois Turgeon, Jeffrey N Neuman, John Srivisal, Jonathan Flood, Sipho Abednego Nkosi, Timothy C Carlson and Vanessa Ann Guthrie.
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 $10.64.

Tronox (NYSE:TROX) has a market capitalization of $1.67 billion and generates $3.45 billion in revenue each year. The company earns $497 million in net income (profit) each year or $3.20 on an earnings per share basis.

The company employs 6,500 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.