Should I buy or sell Vale stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vale in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VALE shares. View VALE analyst ratings or view top-rated stocks .

What is Vale's stock price target for 2024?

11 Wall Street research analysts have issued 1-year target prices for Vale's stock. Their VALE share price targets range from $13.20 to $20.00. On average, they predict the company's stock price to reach $17.23 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price. View analysts price targets for VALE or view top-rated stocks among Wall Street analysts .

How have VALE shares performed in 2023?

Vale's stock was trading at $16.97 on January 1st, 2023. Since then, VALE shares have decreased by 9.4% and is now trading at $15.37. View the best growth stocks for 2023 here .

Are investors shorting Vale?

Vale saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 66,880,000 shares, an increase of 18.5% from the October 15th total of 56,460,000 shares. Based on an average daily trading volume, of 21,250,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.6% of the shares of the company are sold short. View Vale's Short Interest .

When is Vale's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our VALE earnings forecast .

How were Vale's earnings last quarter?

Vale S.A. (NYSE:VALE) posted its quarterly earnings results on Thursday, October, 26th. The basic materials company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.05. The basic materials company earned $10.62 billion during the quarter, compared to analysts' expectations of $10.52 billion. Vale had a net margin of 22.84% and a trailing twelve-month return on equity of 23.82%. During the same quarter in the previous year, the business posted $0.98 earnings per share.

How often does Vale pay dividends? What is the dividend yield for Vale?

Vale announced a -- dividend on Friday, October 27th. Stockholders of record on Friday, November 24th will be paid a dividend of $0.1541 per share on Friday, December 8th. This represents a yield of 8.6%. The ex-dividend date of this dividend is Wednesday, November 22nd. Read our dividend analysis for VALE .

Is Vale a good dividend stock?

Vale (NYSE:VALE) pays an annual dividend of $1.03 per share and currently has a dividend yield of 6.90%. VALE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 49.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VALE will have a dividend payout ratio of 36.27% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for VALE .

What ETFs hold Vale's stock?

ETFs with the largest weight of Vale (NYSE:VALE) stock in their portfolio include iShares Latin America 40 ETF (ILF) , VanEck Steel ETF (SLX) , SPDR S&P Global Natural Resources ETF (GNR) , iShares Global Materials ETF (MXI) , SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) , Pacer Emerging Markets Cash Cows 100 ETF (ECOW) , Matthews Emerging Markets ex China Active ETF (MEMX) and ProShares S&P Global Core Battery Metals ETF (ION) .

What other stocks do shareholders of Vale own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vale investors own include Bank of America (BAC) , Micron Technology (MU) , Freeport-McMoRan (FCX) , Intel (INTC) , General Electric (GE) , Petróleo Brasileiro S.A. - Petrobras (PBR) , Cisco Systems (CSCO) , AT&T (T) , Alibaba Group (BABA) and NVIDIA (NVDA) .

Who are Vale's major shareholders?

Vale's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (0.42%), Invesco Ltd. (0.40%), Lazard Asset Management LLC (0.27%), RWC Asset Advisors US LLC (0.24%), Optiver Holding B.V. (0.00%) and Morgan Stanley (0.23%).

How do I buy shares of Vale?

Shares of VALE 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. Compare Top Brokerages Here .

Vale Stock Price, News & Analysis (NYSE:VALE)

$15.37

+0.37 (+2.47%)

(As of 12/1/2023 ET)

Compare

Today's Range: $15.08
▼
$15.47
50-Day Range: $12.41
▼
$15.88
52-Week Range: $12.22
▼
$19.31

Volume: 26.44 million shs
Average Volume: 20.27 million shs
Market Capitalization: $68.90 billion

P/E Ratio: 7.35
Dividend Yield: 6.70%
Price Target: $17.23

Vale MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.55 Rating Score
Upside/Downside: 12.1% Upside
$17.23 Price Target
Short Interest: Healthy
1.46% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.83
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 36.54%
From $2.08 to $2.84 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.07 out of 5 stars

Basic Materials Sector

4th out of 170 stocks

Metal Mining Industry

1st out of 18 stocks

3.3

Analyst's Opinion

Consensus Rating
Vale has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $17.23, Vale has a forecasted upside of 12.1% from its current price of $15.37.
Amount of Analyst Coverage
Vale has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.46% of the float of Vale has been sold short.
Short Interest Ratio / Days to Cover
Vale has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Vale has recently decreased by 5.82%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Vale is a leading dividend payer. It pays a dividend yield of 6.90%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Vale does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Vale is 49.28%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Vale will have a dividend payout ratio of 36.27% next year. This indicates that Vale will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VALE.

3.2

News and Social Media Coverage

News Sentiment
Vale has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Vale this week, compared to 4 articles on an average week.
Search Interest
48 people have searched for VALE on MarketBeat in the last 30 days. This is an increase of 12% compared to the previous 30 days.
MarketBeat Follows
19 people have added Vale to their MarketBeat watchlist in the last 30 days. This is an increase of 90% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vale insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 16.90% of the stock of Vale is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Vale are expected to grow by 36.54% in the coming year, from $2.08 to $2.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vale is 7.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vale is 7.35, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.55.
Price to Book Value per Share Ratio
Vale has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Vale Stock (NYSE:VALE)

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.

VALE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VALE Stock News Headlines

November 30, 2023 | seekingalpha.com

Vale: Red Hot Iron Ore Demand With Premium Prices

November 25, 2023 | americanbankingnews.com

Brokerages Set Vale S.A. (NYSE:VALE) Target Price at $17.23

December 3, 2023 | DTI Trader (Ad)

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November 21, 2023 | markets.businessinsider.com

Vale Has 'Unique' Setup: Goldman Sachs Declares Stock 'Too Attractive To Ignore'

November 21, 2023 | morningstar.com

Vale SA ADR VALE

November 21, 2023 | finance.yahoo.com

Vale SA's Dividend Analysis

November 13, 2023 | seekingalpha.com

Vale Is A Terrific Rotation Play With Significant Long-Term Potential

October 30, 2023 | realmoney.thestreet.com

Vale Is One of My Top Picks: How's It Doing?

December 3, 2023 | DTI Trader (Ad)

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October 30, 2023 | finance.yahoo.com

Vale S.A.: Vale Earnings: Solid Iron Ore Sales, the Main Driver of Earnings

October 29, 2023 | seekingalpha.com

Vale Q3 Earnings: Buy While It's Cheap

October 28, 2023 | reuters.com

Vale's third-quarter profit slips but beats expectations

October 28, 2023 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Vale SA (VALE), Cemex SAB (CX) and Newmont Mining (NEM)

October 27, 2023 | finance.yahoo.com

Vale Unveils $4 Billion in Dividends, Buyback Program to Reward Investors

October 26, 2023 | morningstar.com

Vale 3Q Net Income Drops 36% to $2.8 Billion

October 26, 2023 | reuters.com

UPDATE 1-Vale's third-quarter profit slips but beats expectations

October 19, 2023 | bloomberg.com

Vale Taps Former Investor Relations Head Fadel as CEO of Bionow

October 19, 2023 | marketwatch.com

Vale to Defend Against $20B Compensation Request for 2015 Dam Disaster

October 18, 2023 | finance.yahoo.com

Brazil's Batista Brothers to Invest $1 Billion to Boost Iron Ore Mines

October 17, 2023 | nz.news.yahoo.com

UPDATE 1-Vale's iron ore output falls as operations failure hits key mine

October 17, 2023 | marketwatch.com

Vale 3Q Iron Ore Output Down 3.9% vs Year Earlier at 86.2M Tons

October 17, 2023 | finance.yahoo.com

UPDATE 2-Vale's iron ore output falls as operations failure hits key mine

October 17, 2023 | bloomberg.com

Vale Hires Lofiego From Bradesco BBI to Lead Investor Relations

October 17, 2023 | reuters.com

Brazil's Vale creates company to sell sand from iron ore tailings

October 16, 2023 | finance.yahoo.com

Vale S.A.: Opportunities Among Gold and Thermal Coal in Latest Commodity Price Update

October 16, 2023 | finance.yahoo.com

Vale S.A.: Raising Vale's FVE by 4% Driven by Higher Near-Term Iron Ore Prices

October 13, 2023 | seekingalpha.com

Vale: Buy On Higher For Longer Iron Ore Prices

See More Headlines

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Company Calendar

Ex-Dividend for 9/11 Dividend: 8/14/2023
Dividend Payable: 9/11/2023
Last Earnings: 10/26/2023
Ex-Dividend for 12/8 Dividend: 11/22/2023
Today: 12/02/2023
Dividend Payable: 12/08/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Metal mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:VALE
CUSIP: N/A
CIK: 917851
Web: www.vale.com
Phone: 552134855000
Fax: 55-21-3814-8820
Employees: 64,516
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $17.23
High Stock Price Target: $20.00
Low Stock Price Target: $13.20
Potential Upside/Downside: +12.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.55
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.09
Trailing P/E Ratio: 7.35
Forward P/E Ratio: 7.39
P/E Growth: N/A
Net Income: $18.79 billion
Net Margins: 22.84%
Pretax Margin: 26.82%
Return on Equity: 23.82%
Return on Assets: 10.47%

Debt

Debt-to-Equity Ratio: 0.39
Current Ratio: 1.08
Quick Ratio: 0.70

Sales & Book Value

Annual Sales: $43.84 billion
Price / Sales: 1.57
Cash Flow: $4.55 per share
Price / Cash Flow: 3.38
Book Value: $8.81 per share
Price / Book: 1.74

Miscellaneous

Outstanding Shares: 4,483,080,000
Free Float: 4,483,079,000
Market Cap: $68.90 billion
Optionable: Optionable
Beta: 0.92

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Key Executives

Mr. Eduardo de Salles Bartolomeo (Age 59)
President & CEO
Mr. Gustavo Duarte Pimenta (Age 45)
Executive VP of Finance & Investor Relations
Mr. Carlos Henrique Senna Medeiros (Age 60)
Executive Vice President of Operations
Murilo Muller
Controllership Director & Chief Accountant
Rafael Jabur Bittar (Age 43)
Executive Vice President of Technical
Ivan Fadel
Head of Investor Relations
Mr. Denis Cuenca
Chief Compliance Officer
Ms. Marina Barrenne De Artagao Quental (Age 59)
Executive Vice President of People
Mr. Alexandre Gomes Pereira (Age 54)
Executive Vice President of Projects
Mr. Alexandre Silva D'Ambrosio (Age 61)
Executive Vice President of Corporate & Institutional Affairs

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Vale Stock? VALE Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Vale was last updated on Monday, November 27, 2023 at 10:06 AM.

Pros

Here are some ways that investors could benefit from investing in Vale S.A.:

Vale S.A. is a leading producer and seller of iron ore and iron ore pellets, which are essential raw materials in steelmaking. The demand for steel is expected to continue growing, especially in emerging markets, which could drive the demand for Vale's products.
The company operates through Iron Solutions and Energy Transition Materials segments. This diversification allows Vale to capitalize on different market opportunities and mitigate risks associated with fluctuations in commodity prices.
Vale is actively involved in the energy transition, producing and extracting nickel used in the production of electric vehicles and metal alloys. As the demand for electric vehicles and sustainable materials increases, Vale's position in the energy transition materials market could provide long-term growth opportunities.
Vale has a strong presence in Brazil, one of the world's largest iron ore producers. This provides the company with access to abundant resources and favorable operating conditions, which can contribute to cost efficiencies and competitive advantages.
The current stock price of Vale S.A. presents a potential investment opportunity. Please refer to the latest financial data for the most accurate stock price information.

Cons

Investors should be bearish about investing in Vale S.A. for these reasons:

The metal mining industry, in which Vale operates, is subject to price volatility and cyclical fluctuations. Changes in commodity prices, global economic conditions, and geopolitical factors can impact the profitability of the company.
Vale's operations are exposed to environmental and regulatory risks. Any incidents or non-compliance with environmental regulations can result in financial penalties, reputational damage, and operational disruptions.
The company's financial performance can be influenced by currency exchange rates, as Vale operates internationally. Fluctuations in exchange rates can impact the company's revenues, costs, and profitability.
Investors should consider the potential impact of geopolitical factors, trade disputes, and changes in government policies on Vale's operations and market conditions.
It is important for investors to conduct thorough research and analysis, considering both the opportunities and risks associated with investing in Vale S.A., before making any investment decisions.

VALE Stock Analysis - Frequently Asked Questions

Should I buy or sell Vale stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vale in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VALE shares.
View VALE analyst ratings or view top-rated stocks.
What is Vale's stock price target for 2024?: 11 Wall Street research analysts have issued 1-year target prices for Vale's stock. Their VALE share price targets range from $13.20 to $20.00. On average, they predict the company's stock price to reach $17.23 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price.
View analysts price targets for VALE or view top-rated stocks among Wall Street analysts.
How have VALE shares performed in 2023?: Vale's stock was trading at $16.97 on January 1st, 2023. Since then, VALE shares have decreased by 9.4% and is now trading at $15.37.
View the best growth stocks for 2023 here.
Are investors shorting Vale?: Vale saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 66,880,000 shares, an increase of 18.5% from the October 15th total of 56,460,000 shares. Based on an average daily trading volume, of 21,250,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.6% of the shares of the company are sold short.
View Vale's Short Interest.
When is Vale's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our VALE earnings forecast.
How were Vale's earnings last quarter?: Vale S.A. (NYSE:VALE) posted its quarterly earnings results on Thursday, October, 26th. The basic materials company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.05. The basic materials company earned $10.62 billion during the quarter, compared to analysts' expectations of $10.52 billion. Vale had a net margin of 22.84% and a trailing twelve-month return on equity of 23.82%. During the same quarter in the previous year, the business posted $0.98 earnings per share.

How often does Vale pay dividends? What is the dividend yield for Vale?: Vale announced a -- dividend on Friday, October 27th. Stockholders of record on Friday, November 24th will be paid a dividend of $0.1541 per share on Friday, December 8th. This represents a yield of 8.6%. The ex-dividend date of this dividend is Wednesday, November 22nd.
Read our dividend analysis for VALE.
Is Vale a good dividend stock?: Vale (NYSE:VALE) pays an annual dividend of $1.03 per share and currently has a dividend yield of 6.90%. VALE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 49.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VALE will have a dividend payout ratio of 36.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VALE.
What ETFs hold Vale's stock?: ETFs with the largest weight of Vale (NYSE:VALE) stock in their portfolio include iShares Latin America 40 ETF (ILF), VanEck Steel ETF (SLX), SPDR S&P Global Natural Resources ETF (GNR), iShares Global Materials ETF (MXI), SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM), Pacer Emerging Markets Cash Cows 100 ETF (ECOW), Matthews Emerging Markets ex China Active ETF (MEMX) and ProShares S&P Global Core Battery Metals ETF (ION).
What other stocks do shareholders of Vale own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Vale investors own include Bank of America (BAC), Micron Technology (MU), Freeport-McMoRan (FCX), Intel (INTC), General Electric (GE), Petróleo Brasileiro S.A. - Petrobras (PBR), Cisco Systems (CSCO), AT&T (T), Alibaba Group (BABA) and NVIDIA (NVDA).
Who are Vale's major shareholders?: Vale's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (0.42%), Invesco Ltd. (0.40%), Lazard Asset Management LLC (0.27%), RWC Asset Advisors US LLC (0.24%), Optiver Holding B.V. (0.00%) and Morgan Stanley (0.23%).
How do I buy shares of Vale?: Shares of VALE 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.
Compare Top Brokerages Here.

This page (NYSE:VALE) was last updated on 12/3/2023 by MarketBeat.com Staff

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