NYSE:VALEVale Stock Price, Forecast & News

Vale's stock was trading at $8.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VALE stock has increased by 9.5% and is now trading at $9.31. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vale in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Vale.

Vale is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Vale.

Vale SA (NYSE:VALE) released its quarterly earnings data on Thursday, October, 24th. The basic materials company reported $0.36 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.55 by $0.19. The basic materials company earned $10.22 billion during the quarter, compared to analysts' expectations of $10.62 billion. Vale had a return on equity of 16.43% and a net margin of 0.54%. View Vale's earnings history.

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 is Friday, December 27th. This is a positive change from Vale's previous dividend of $0.19. View Vale's dividend history.

16 analysts have issued 1-year price targets for Vale's shares. Their forecasts range from $9.50 to $17.50. On average, they anticipate Vale's share price to reach $12.85 in the next twelve months. This suggests a possible upside of 38.1% from the stock's current price. View analysts' price targets for Vale.

Media coverage about VALE stock has been trending positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Vale earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the stock's share price in the next few days. View the latest news aboutVale.

Vale saw a drop in short interest in May. As of May 15th, there was short interest totaling 23,360,000 shares, a drop of 8.3% from the April 30th total of 25,470,000 shares. Based on an average daily volume of 33,360,000 shares, the short-interest ratio is presently 0.7 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), Centamin (CELTF), EXXARO RESOURCE/S (EXXAY), Cleveland-Cliffs (CLF) and Compania de Minas Buenaventura SAA (BVN). View all competitors.

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

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

Vale's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (3.05%), Capital International Investors (1.21%), BlackRock Inc. (1.15%), Invesco Ltd. (1.08%), Capital World Investors (0.65%) and Baillie Gifford & Co. (0.60%).

VALE stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Capital World Investors, Wellington Management Group LLP, State Street Corp, Balyasny Asset Management LLC, SPX Equities Gestao de Recursos Ltda, Morgan Stanley, and Morgan Stanley.

VALE stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Driehaus Capital Management LLC, BW Gestao de Investimentos Ltda., Deutsche Bank AG, Connor Clark & Lunn Investment Management Ltd., JGP Global Gestao de Recursos Ltda., Assenagon Asset Management S.A., and APG Asset Management N.V..

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 $9.31.

Vale has a market capitalization of $47.74 billion and generates $37.57 billion in revenue each year. The basic materials company earns $-1,683,000,000.00 in net income (profit) each year or $1.60 on an earnings per share basis. Vale employs 71,149 workers across the globe.

The official website for Vale is www.vale.com.

Vale's mailing address is Praia de Botafogo186-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]