NYSE:TROXTronox Stock Price, Forecast & News

Tronox's stock was trading at $5.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TROX shares have decreased by 1.7% and is now trading at $5.74. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tronox in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tronox.

Tronox is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Tronox.

Tronox Ltd (NYSE:TROX) announced its earnings results on Tuesday, February, 25th. The company reported $0.14 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.14. The firm had revenue of $693 million for the quarter, compared to analyst estimates of $723.71 million. Tronox had a positive return on equity of 7.76% and a negative net margin of 4.13%. View Tronox's earnings history.

Tronox announced a quarterly dividend on Tuesday, February 25th. Stockholders of record on Monday, March 9th will be given a dividend of $0.07 per share on Friday, March 20th. This represents a $0.28 dividend on an annualized basis and a yield of 4.88%. The ex-dividend date is Friday, March 6th. This is an increase from Tronox's previous quarterly dividend of $0.05. View Tronox's dividend history.

Tronox updated its first quarter earnings guidance on Thursday, March, 26th. The company provided earnings per share guidance of $0.10-18 for the period, compared to the Thomson Reuters consensus estimate of $0.07. The company issued revenue guidance of $700-730 million, compared to the consensus revenue estimate of $697.14 million.

4 analysts have issued 12-month target prices for Tronox's shares. Their forecasts range from $15.00 to $20.00. On average, they expect Tronox's stock price to reach $18.00 in the next year. This suggests a possible upside of 213.6% from the stock's current price. View analysts' price targets for Tronox.

Headlines about TROX stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tronox earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutTronox.

Tronox saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 7,688,200 shares, an increase of 5.0% from the February 27th total of 7,320,000 shares. Based on an average daily volume of 1,470,000 shares, the short-interest ratio is presently 5.2 days. Currently, 8.8% of the shares of the stock are sold short. View Tronox's Current Options Chain.

Some companies that are related to Tronox include Minerals Technologies (MTX), Kronos Worldwide (KRO), Luxfer (LXFR), Valhi (VHI), Venator Materials (VNTR), NL Industries (NL), LSB Industries (LXU), Polydex Pharmaceuticals (POLXF) and TOR Minerals International (TORM).

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 LP Unit (ET), JP Energy Partners (JPEP), Ford Motor (F), Murphy Oil (MUR), Micron Technology (MU), Helmerich & Payne (HP) and AT&T (T).

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

Shares of TROX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TROX stock can currently be purchased for approximately $5.74.

Tronox has a market capitalization of $814.44 million and generates $2.64 billion in revenue each year. The company earns $-109,000,000.00 in net income (profit) each year or $0.47 on an earnings per share basis. Tronox employs 6,660 workers across the globe. View additional information about Tronox.

The official website for Tronox is http://www.tronox.com/.

Tronox's mailing address is 263 TRESSER BOULEVARD SUITE 1100, STAMFORD CT, 06901. The company can be reached via phone at 203-705-3800 or via email at investor.tronox.com.