Vale - VALE Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vale in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" VALE shares.
View VALE analyst ratings or view top-rated stocks.

11 brokerages have issued 12 month price objectives for Vale's shares. Their VALE share price forecasts range from $15.00 to $24.00. On average, they anticipate the company's share price to reach $18.25 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for VALE or view top-rated stocks among Wall Street analysts.

Vale's stock was trading at $16.97 at the beginning of 2023. Since then, VALE shares have decreased by 0.6% and is now trading at $16.87.
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Vale saw a decline in short interest in December. As of December 30th, there was short interest totaling 52,670,000 shares, a decline of 19.4% from the December 15th total of 65,380,000 shares. Based on an average daily volume of 36,950,000 shares, the short-interest ratio is currently 1.4 days. Currently, 1.2% of the company's shares are sold short.
View Vale's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our VALE earnings forecast.

Vale S.A. (NYSE:VALE) released its quarterly earnings data on Thursday, October, 28th. The basic materials company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by $0.36. The basic materials company had revenue of $12.68 billion for the quarter, compared to analyst estimates of $14.08 billion. Vale had a net margin of 45.53% and a trailing twelve-month return on equity of 53.54%.

Vale announced a semi-annual dividend on Monday, December 12th. Investors of record on Friday, January 1st will be given a dividend of $0.0474 per share on Tuesday, December 13th. This represents a yield of 8.7%. The ex-dividend date is Tuesday, December 13th.
Read our dividend analysis for VALE.

Vale (NYSE:VALE) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.55%. The dividend payout ratio is 2.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VALE will have a dividend payout ratio of 3.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VALE.

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).

Vale trades on the New York Stock Exchange (NYSE) under the ticker symbol "VALE."

Vale's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include National Bank of Canada FI (0.75%), Fisher Asset Management LLC (0.39%), Mondrian Investment Partners LTD (0.19%), RWC Asset Advisors US LLC (0.09%), Todd Asset Management LLC (0.07%) and Natixis Advisors L.P. (0.03%).

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.
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One share of VALE stock can currently be purchased for approximately $16.87.

Vale (NYSE:VALE) has a market capitalization of $77.45 billion and generates $54.50 billion in revenue each year. The basic materials company earns $24.74 billion in net income (profit) each year or $4.30 on an earnings per share basis.

The company employs 74,316 workers across the globe.

Vale's mailing address is Praia de Botafogo186-offices 701-1901 Botafogo, RIO DE JANEIRO D5, 22250-145. The official website for the company is www.vale.com. The basic materials company can be reached via phone at 552134855000, via email at vale.ri@vale.com, or via fax at 55-21-3814-8820.