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NYSE:VALE

Vale (VALE) Stock Price, News & Analysis

$12.52
-0.13 (-1.03%)
(As of 02:03 PM ET)
Today's Range
$12.50
$12.70
50-Day Range
$11.67
$12.99
52-Week Range
$11.52
$16.08
Volume
13.44 million shs
Average Volume
25.89 million shs
Market Capitalization
$56.13 billion
P/E Ratio
6.92
Dividend Yield
9.42%
Price Target
$16.67

Vale MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
32.3% Upside
$16.67 Price Target
Short Interest
Healthy
1.16% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.17mentions of Vale in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.38%
From $2.18 to $2.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.08 out of 5 stars

Basic Materials Sector

38th out of 170 stocks

Metal Mining Industry

2nd out of 22 stocks

VALE stock logo

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

VALE Stock News Headlines

Vale Stock: I Sense A Value Trap
Vale S.A. (VALE)
The 6 Best Dividend Stocks To Buy With $1500
Vale S.A. (NYSE:VALE) Q1 2024 Earnings Call Transcript
Vale SA earnings preview: what to expect
Scotiabank Keeps Their Hold Rating on Vale SA (VALE)
See More Headlines
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Company Calendar

Ex-Dividend for 3/26 Dividend
3/12/2024
Dividend Payable
3/26/2024
Last Earnings
4/24/2024
Today
5/23/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Employees
66,807
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.67
High Stock Price Target
$20.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+32.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$7.98 billion
Pretax Margin
26.29%

Debt

Sales & Book Value

Annual Sales
$41.78 billion
Cash Flow
$2.42 per share
Book Value
$8.70 per share

Miscellaneous

Outstanding Shares
4,483,080,000
Free Float
4,483,079,000
Market Cap
$56.58 billion
Optionable
Optionable
Beta
0.97

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VALE Stock Analysis - Frequently Asked Questions

Should I buy or sell Vale stock right now?

11 Wall Street 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 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 brokerages have issued 12-month target prices for Vale's shares. Their VALE share price targets range from $13.00 to $20.00. On average, they anticipate the company's stock price to reach $16.67 in the next year. This suggests a possible upside of 32.3% 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 2024?

Vale's stock was trading at $15.86 on January 1st, 2024. Since then, VALE shares have decreased by 20.6% and is now trading at $12.60.
View the best growth stocks for 2024 here
.

Are investors shorting Vale?

Vale saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 50,230,000 shares, an increase of 32.1% from the March 31st total of 38,020,000 shares. Based on an average daily trading volume, of 28,190,000 shares, the short-interest ratio is currently 1.8 days. Currently, 1.2% 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, July 25th 2024.
View our VALE earnings forecast
.

How were Vale's earnings last quarter?

Vale S.A. (NYSE:VALE) posted its quarterly earnings results on Wednesday, April, 24th. The basic materials company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by $0.03. The basic materials company earned $8.46 billion during the quarter, compared to analyst estimates of $8.35 billion. Vale had a net margin of 18.72% and a trailing twelve-month return on equity of 19.59%.

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

Vale announced a semi-annual dividend on Friday, February 23rd. Shareholders of record on Wednesday, March 13th will be given a dividend of $0.3182 per share on Tuesday, March 26th. This represents a dividend yield of 9.7%. The ex-dividend date of this dividend is Tuesday, March 12th.
Read our dividend analysis for VALE
.

Is Vale a good dividend stock?

Vale (NYSE:VALE) pays an annual dividend of $1.18 per share and currently has a dividend yield of 9.18%. VALE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 65.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VALE will have a dividend payout ratio of 54.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VALE.

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 retail and institutional investors. Top institutional shareholders include Capital International Investors (1.46%), Capital World Investors (0.64%), Price T Rowe Associates Inc. MD (0.41%), Capital Research Global Investors (0.37%), Lazard Asset Management LLC (0.27%) and Mondrian Investment Partners LTD (0.20%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VALE) was last updated on 5/23/2024 by MarketBeat.com Staff

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