Vale - VALE Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vale in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" VALE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VALE, but not buy additional shares or sell existing shares.
View VALE analyst ratings or view top-rated stocks.

11 brokers have issued twelve-month price objectives for Vale's stock. Their VALE share price forecasts range from $15.00 to $24.00. On average, they predict the company's share price to reach $17.85 in the next year. This suggests a possible upside of 19.2% 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 on January 1st, 2023. Since then, VALE stock has decreased by 11.8% and is now trading at $14.97.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our VALE earnings forecast.

Vale S.A. (NYSE:VALE) announced its quarterly earnings data on Thursday, February, 16th. The basic materials company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.19. The basic materials company earned $11.94 billion during the quarter, compared to the consensus estimate of $11.51 billion. Vale had a trailing twelve-month return on equity of 43.41% and a net margin of 42.86%.

Vale announced a semi-annual dividend on Thursday, February 16th. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.3542 per share on Wednesday, March 29th. This represents a yield of 6.1%. The ex-dividend date is Tuesday, March 14th. This is an increase from the stock's previous semi-annual dividend of $0.05.
Read our dividend analysis for VALE.

ETFs with the largest weight of Vale (NYSE:VALE) stock in their portfolio include iShares Latin America 40 ETF (ILF), VanEck Steel ETF (SLX), First Trust Indxx Global Natural Resources Income ETF (FTRI), ProShares S&P Global Core Battery Metals ETF (ION), iShares Global Materials ETF (MXI), SPDR S&P Global Natural Resources ETF (GNR), First Trust Long/Short Equity ETF (FTLS) and Capital Group International Focus Equity ETF (CGXU).

Vale (NYSE:VALE) pays an annual dividend of $0.71 per share and currently has a dividend yield of 4.74%. 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 17.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VALE will have a dividend payout ratio of 25.63% 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 number of retail and institutional investors. Top institutional shareholders include Schroder Investment Management Group (0.77%), National Bank of Canada FI (0.75%), Arrowstreet Capital Limited Partnership (0.68%), Fisher Asset Management LLC (0.39%), Morgan Stanley (0.33%) and Bank of America Corp DE (0.31%).

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 $14.97.

Vale (NYSE:VALE) has a market capitalization of $67.11 billion and generates $43.84 billion in revenue each year. The basic materials company earns $16.73 billion in net income (profit) each year or $4.05 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.