NYSE:VALE - Vale Stock Price, Forecast & News

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

Vale declared a dividend on Friday, December 20th. Stockholders of record on Monday, December 30th will be given a dividend of $0.295 per share on Monday, January 1st. The ex-dividend date of this dividend is Friday, December 27th. This is a boost from Vale's previous dividend of $0.19. View Vale's Dividend History.

Vale SA (NYSE:VALE) posted its quarterly earnings results on Thursday, October, 24th. The basic materials company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.55 by $0.19. The basic materials company earned $10.22 billion during the quarter, compared to the consensus estimate of $10.62 billion. Vale had a net margin of 9.79% and a return on equity of 20.52%. View Vale's Earnings History.

Vale is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Vale.

14 equities research analysts have issued 1-year price targets for Vale's stock. Their forecasts range from $11.00 to $17.50. On average, they anticipate Vale's share price to reach $14.22 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View Analyst Price Targets for Vale.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vale in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Vale.

Media headlines about VALE stock have trended positive this week, according to InfoTrie. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news 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. Vale earned a daily sentiment score of 2.8 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View News Stories for Vale.

Vale saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 25,290,000 shares, a decrease of 5.2% from the January 15th total of 26,670,000 shares. Based on an average trading volume of 19,550,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.5% of the company's shares are short sold. View Vale's Current Options Chain.

Some companies that are related to Vale include BHP Group (BHP), Rio Tinto (RIO), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Anglo American (NGLOY), Southern Copper (SCCO), FORTESCUE METAL/S (FSUGY), Freeport-McMoRan (FCX), SOUTH32 LTD/S (SOUHY), IMPALA PLATINUM/S (IMPUY), First Quantum Minerals (FQVLF), Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), EXXARO RESOURCE/S (EXXAY), Centamin (CELTF) and Cleveland-Cliffs (CLF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Vale investors own include Bank of America (BAC), PETROLEO BRASIL/ADR (PBR), General Electric (GE), Freeport-McMoRan (FCX), Intel (INTC), Micron Technology (MU), Alibaba Group (BABA), AT&T (T), Ford Motor (F) and Cisco Systems (CSCO).

Vale's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (4.40%), Capital International Investors (1.22%), Standard Life Aberdeen plc (0.87%), Capital World Investors (0.79%), Baillie Gifford & Co. (0.58%) and Renaissance Technologies LLC (0.48%).

VALE stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, TT International, Renaissance Technologies LLC, SPX Equities Gestao de Recursos Ltda, State Street Corp, Bank of America Corp DE, Credit Suisse AG and Russell Investments Group Ltd..

VALE stock was purchased by a variety of institutional investors in the last quarter, including GQG Partners LLC, Baillie Gifford & Co., Capital Research Global Investors, Standard Life Aberdeen plc, Capital International Investors, Man Group plc, FMR LLC and BTG Pactual Global Asset Management Ltd.

Shares of VALE 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 VALE stock can currently be purchased for approximately $12.02.

Vale has a market capitalization of $61.64 billion and generates $36.58 billion in revenue each year. The basic materials company earns $6.86 billion in net income (profit) each year or $1.85 on an earnings per share basis. Vale employs 70,270 workers across the globe.View Additional Information About Vale.

The official website for Vale is http://www.vale.com/.

Vale's mailing address is Praia de Botafogo 186-offices 701-1901 Botafogo, RIO DE JANEIRO D5, 22250-145. The basic materials company can be reached via phone at 55-21-3485-3900 or via email at [email protected]