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 twelve months. 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 analysts have issued 12 month target prices for Vale's stock. Their VALE share price targets range from $13.20 to $20.00. On average, they anticipate the company's share price to reach $17.23 in the next year. This suggests a possible upside of 15.7% 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 at the start of the year. Since then, VALE stock has decreased by 12.3% and is now trading at $14.89. View the best growth stocks for 2023 here .

Are investors shorting Vale?

Vale saw a increase in short interest in 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 company's shares 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) issued its 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 had revenue of $10.62 billion for the quarter, compared to analysts' expectations of $10.52 billion. Vale had a trailing twelve-month return on equity of 23.82% and a net margin of 22.84%. During the same period in the previous year, the company earned $0.98 earnings per share.

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

Vale declared a -- dividend on Friday, October 27th. Shareholders of record on Friday, November 24th will be given a dividend of $0.1541 per share on Friday, December 8th. This represents a dividend yield of 8.6%. The ex-dividend date 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 6.87%. 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 36.79% 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 a variety of retail and institutional 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%).

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

$15.01

+0.12 (+0.81%)

(As of 11:40 AM ET)

Compare

Today's Range: $14.79
▼
$15.01
50-Day Range: $12.41
▼
$15.88
52-Week Range: $12.22
▼
$19.31

Volume: 5.83 million shs
Average Volume: 22.22 million shs
Market Capitalization: $67.29 billion

P/E Ratio: 7.18
Dividend Yield: 6.86%
Price Target: $17.23

Vale MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.55 Rating Score
Upside/Downside: 15.7% Upside
$17.23 Price Target
Short Interest: Healthy
1.56% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.95
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 32.70%
From $2.11 to $2.80 Per Share

Overall MarketRank^™

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

2.86 out of 5 stars

Basic Materials Sector

14th out of 163 stocks

Metal Mining Industry

2nd out of 19 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 15.7% from its current price of $14.89.
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.

3.0

Short Interest

Percentage of Shares Shorted
1.56% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Vale has recently increased by 18.46%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Vale is a leading dividend payer. It pays a dividend yield of 6.87%, 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 36.79% 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.

3.3

News and Social Media Coverage

News Sentiment
Vale has a news sentiment score of 0.95. 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 0.40 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Vale this week, compared to 4 articles on an average week.
Search Interest
Only 36 people have searched for VALE on MarketBeat in the last 30 days. This is a decrease of -23% 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 73% 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 32.70% in the coming year, from $2.11 to $2.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vale is 7.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vale is 7.12, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 82.88.
Price to Book Value per Share Ratio
Vale has a P/B Ratio of 1.79. 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 25, 2023 | americanbankingnews.com

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

November 22, 2023 | americanbankingnews.com

Vale (NYSE:VALE) Upgraded by The Goldman Sachs Group to "Buy"

November 28, 2023 | Edge On The Street (Ad)

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November 22, 2023 | americanbankingnews.com

Investors Buy Large Volume of Vale Call Options (NYSE:VALE)

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 21, 2023 | americanbankingnews.com

Vale (NYSE:VALE) Upgraded by Bank of America to Buy

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November 18, 2023 | americanbankingnews.com

Deutsche Bank Aktiengesellschaft Lowers Vale (NYSE:VALE) to Hold

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?

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

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: 11/28/2023
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: +15.7%
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: 7.12
Forward P/E Ratio: 7.06
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: $40.67 billion
Price / Sales: 1.64
Cash Flow: $4.39 per share
Price / Cash Flow: 3.39
Book Value: $8.33 per share
Price / Book: 1.79

Miscellaneous

Outstanding Shares: 4,483,079,000
Free Float: 4,483,079,000
Market Cap: $66.75 billion
Optionable: Optionable
Beta: 0.90

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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

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 twelve months. 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 analysts have issued 12 month target prices for Vale's stock. Their VALE share price targets range from $13.20 to $20.00. On average, they anticipate the company's share price to reach $17.23 in the next year. This suggests a possible upside of 15.7% 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 at the start of the year. Since then, VALE stock has decreased by 12.3% and is now trading at $14.89.
View the best growth stocks for 2023 here.
Are investors shorting Vale?: Vale saw a increase in short interest in 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 company's shares 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) issued its 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 had revenue of $10.62 billion for the quarter, compared to analysts' expectations of $10.52 billion. Vale had a trailing twelve-month return on equity of 23.82% and a net margin of 22.84%. During the same period in the previous year, the company earned $0.98 earnings per share.

How often does Vale pay dividends? What is the dividend yield for Vale?: Vale declared a -- dividend on Friday, October 27th. Shareholders of record on Friday, November 24th will be given a dividend of $0.1541 per share on Friday, December 8th. This represents a dividend yield of 8.6%. The ex-dividend date 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 6.87%. 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 36.79% 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 a variety of retail and institutional 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 11/28/2023 by MarketBeat.com Staff

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