Tronox - TROX Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tronox in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TROX shares.
View TROX analyst ratings or view top-rated stocks.

6 equities research analysts have issued twelve-month target prices for Tronox's stock. Their TROX share price forecasts range from $15.00 to $31.00. On average, they anticipate the company's stock price to reach $21.83 in the next twelve months. This suggests a possible upside of 88.2% from the stock's current price.
View analysts price targets for TROX or view top-rated stocks among Wall Street analysts.

Tronox's stock was trading at $24.03 at the beginning of 2022. Since then, TROX shares have decreased by 51.7% and is now trading at $11.60.
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Tronox saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,070,000 shares, an increase of 25.6% from the August 15th total of 3,240,000 shares. Based on an average daily volume of 1,080,000 shares, the short-interest ratio is presently 3.8 days. Currently, 3.6% of the company's shares are sold short.
View Tronox's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our TROX earnings forecast.

Tronox Holdings plc (NYSE:TROX) announced its earnings results on Wednesday, July, 27th. The company reported $0.84 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.84. The company earned $945 million during the quarter, compared to the consensus estimate of $1 billion. Tronox had a trailing twelve-month return on equity of 20.25% and a net margin of 15.97%. The company's revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 earnings per share.

Tronox announced a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Monday, August 15th will be given a dividend of $0.125 per share on Friday, September 16th. This represents a $0.50 annualized dividend and a yield of 4.31%. The ex-dividend date is Friday, August 12th.
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 4.43%. 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 13.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TROX will have a dividend payout ratio of 13.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TROX.

Tronox updated its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share guidance of $3.15-$3.59 for the period, compared to the consensus estimate of $3.27. The company issued revenue guidance of -.

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 a number of retail and institutional investors. Top institutional investors include FMR LLC (13.00%), Mackenzie Financial Corp (1.68%), State Street Corp (1.60%), Goldman Sachs Group Inc. (1.51%), Van ECK Associates Corp (1.39%) and Russell Investments Group Ltd. (1.18%). 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 $11.60.

Tronox (NYSE:TROX) has a market capitalization of $1.79 billion and generates $3.57 billion in revenue each year. The company earns $286 million in net income (profit) each year or $3.69 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.