OTCMKTS:GLNCY

Glencore (GLNCY) Stock Forecast, Price & News

$10.19

-0.09 (-0.88%)

(As of 05/31/2023 ET)

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Today's Range: $10.11
▼
$10.25
50-Day Range: $10.19
▼
$12.36
52-Week Range: $9.31
▼
$14.41

Volume: 562,931 shs
Average Volume: 618,879 shs
Market Capitalization: $63.68 billion

P/E Ratio: N/A
Dividend Yield: 7.65%
Price Target: N/A

Profile Analyst Ratings Chart Competitors Dividend Financials Headlines SEC Filings Short Interest

Glencore MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.01% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.25
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2.78%
From $1.80 to $1.85 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.29 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Glencore.

3.0

Short Interest

Percentage of Shares Shorted
0.01% of the outstanding shares of Glencore have been sold short.
Short Interest Ratio / Days to Cover
Glencore has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Glencore has recently increased by 153.59%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Glencore is a leading dividend payer. It pays a dividend yield of 7.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Glencore does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Glencore will have a dividend payout ratio of 42.16% next year. This indicates that Glencore will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GLNCY.

1.0

News and Social Media Coverage

News Sentiment
Glencore has a news sentiment score of -0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Glencore this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 4 people have added Glencore to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Glencore insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.02% of the stock of Glencore is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Glencore are expected to grow by 2.78% in the coming year, from $1.80 to $1.85 per share.
Price to Book Value per Share Ratio
Glencore has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Glencore (OTCMKTS:GLNCY) Stock

Glencore Plc engages in the production and marketing of metal, mineral, and energy and agricultural commodities. The firm serves the automotive, steel, power generation, battery manufacturing, and oil sectors. It operates through the following segments: Marketing, Industrial, and Corporate and Other. The Marketing segment includes net sale and purchase of physical commodities, and provision of marketing and related value-add services. The Industrial segment deals with the sale of physical commodities over the cost of production and/or cost of sales. The Corporate and Other segment represents group related income and expenses. The company was founded in 1974 and is headquartered in Baar, Switzerland.

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GLNCY Stock News Headlines

May 30, 2023 | msn.com

Glencore reportedly preparing sweetened bid for Teck Resources

May 26, 2023 | msn.com

Glencore's climate report sheds more shareholder support

June 1, 2023 | Edge On The Street (Ad)

AI is Unstoppable. Now Is The Time!

AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.

May 26, 2023 | msn.com

Bunge In Talks With Glencore Regarding Viterra Grain Business: Reports

May 23, 2023 | americanbankingnews.com

Glencore (OTCMKTS:GLNCY) Price Target Cut to GBX 590

May 10, 2023 | msn.com

Lassonde-led group seeking to buy Teck's coal business - report

May 10, 2023 | theglobeandmail.com

Consortium led by mining veteran Pierre Lassonde is proposing buying Teck’s coal business in bid to thwart Glencore

May 10, 2023 | msn.com

Glencore, Li-Cycle unveil plans to build Europe's biggest battery recycling plant

June 1, 2023 | Edge On The Street (Ad)

AI is Unstoppable. Now Is The Time!

AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.

April 30, 2023 | americanbankingnews.com

Glencore plc (GLNCY) To Go Ex-Dividend on May 4th

April 27, 2023 | americanbankingnews.com

Glencore (OTCMKTS:GLNCY) Given New GBX 600 Price Target at Morgan Stanley

April 26, 2023 | americanbankingnews.com

Glencore (OTCMKTS:GLNCY) PT Lowered to GBX 610

April 16, 2023 | theglobeandmail.com

How Glencore, the shark in the resources pond, could still win Teck – though it’s a long shot

April 13, 2023 | theglobeandmail.com

Teck rejects latest Glencore proposal, tweaks plan for coal spinout

April 12, 2023 | msn.com

Glencore adds cash component in new bid for Teck Resources

April 8, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Glencore plc Reduced by Analyst (OTCMKTS:GLNCY)

March 31, 2023 | americanbankingnews.com

Morgan Stanley Cuts Glencore (OTCMKTS:GLNCY) Price Target to GBX 602

March 22, 2023 | americanbankingnews.com

Glencore (OTCMKTS:GLNCY) Stock Rating Upgraded by Bank of America

March 22, 2023 | americanbankingnews.com

Glencore (OTCMKTS:GLNCY) Rating Increased to Buy at UBS Group

November 9, 2022 | finance.yahoo.com

Are Basic Materials Stocks Lagging Glencore (GLNCY) This Year?

October 19, 2022 | proactiveinvestors.com.au

BHP coal drop bodes ill for Glencore, brokers suggest - Proactive Investors Australia

October 18, 2022 | reuters.com

EXCLUSIVE Glencore delivers Russian-origin aluminium into LME system -sources - Reuters

October 5, 2022 | financialpost.com

Copper pulls back on firmer dollar, zinc gains on Glencore news - Financial Post

October 5, 2022 | reuters.com

Glencore to place Nordenham zinc smelter on care and maintenance from Nov 1 - Reuters

October 4, 2022 | bloomberg.com

Former Glencore CEO Contender to Run Metals Trader IXM - Bloomberg

September 29, 2022 | reuters.com

Glencore reviews lead operations at Italian plant due to high power prices -source - Reuters.com

September 25, 2022 | bloomberg.com

Australian Mines Planned by BHP, Glencore Pose Climate Threat - Bloomberg

See More Headlines

GLNCY Price History

30 days | 90 days | 365 days | Advanced Chart

GLNCY Company Calendar

Ex-Dividend for 6/16 Dividend: 5/04/2023
Today: 6/01/2023
Dividend Payable: 6/16/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Oil & gas exploration services
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:GLNCY
CUSIP: N/A
CIK: 1524684
Web: www.glencore.com
Phone: (141) 709-2000
Fax: 41-41-709-3000
Employees: 81,706
Year Founded: 1974

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.46
Current Ratio: 1.30
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: $255.98 billion
Price / Sales: 0.25
Cash Flow: $3.93 per share
Price / Cash Flow: 2.59
Book Value: $7.09 per share
Price / Book: 1.44

Miscellaneous

Outstanding Shares: 6,248,860,000
Free Float: N/A
Market Cap: $63.68 billion
Optionable: Not Optionable
Beta: 1.36

Social Links

Key Executives

Gary Nagle
Chief Executive Officer & Director

Steven F. Kalmin
Chief Financial Officer

Wilhelm van Jaarsveld
Manager-Aluminum Asset & Investment

Peter Carl Freyberg
Head-Industrial Assets

Jose Ignacio Noguera
Chief-Contracts & Insurances

Key Competitors

View All Competitors

GLNCY Stock - Frequently Asked Questions

Should I buy or sell Glencore stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GLNCY shares.
View GLNCY analyst ratings or view top-rated stocks.
How have GLNCY shares performed in 2023?: Glencore's stock was trading at $13.32 on January 1st, 2023. Since then, GLNCY stock has decreased by 23.5% and is now trading at $10.19.
View the best growth stocks for 2023 here.
Are investors shorting Glencore?: Glencore saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 709,800 shares, an increase of 153.6% from the April 30th total of 279,900 shares. Based on an average trading volume of 1,392,700 shares, the days-to-cover ratio is presently 0.5 days.
View Glencore's Short Interest.
How often does Glencore pay dividends? What is the dividend yield for Glencore?: Glencore declared a dividend on Friday, April 28th. Stockholders of record on Friday, May 5th will be paid a dividend of $0.39 per share on Friday, June 16th. This represents a dividend yield of 6.93%. The ex-dividend date of this dividend is Thursday, May 4th. This is a positive change from the stock's previous dividend of $0.22.
Read our dividend analysis for GLNCY.
What ETFs hold Glencore's stock?: ETFs with the largest weight of Glencore (OTCMKTS:GLNCY) stock in their portfolio include Simplify Volt RoboCar Disruption and Tech ETF (VCAR).Amplify Natural Resources Dividend Income ETF (NDIV).
Is Glencore a good dividend stock?: Glencore (OTCMKTS:GLNCY) pays an annual dividend of $0.78 per share and currently has a dividend yield of 7.59%. GLNCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GLNCY.

What is Glencore's stock symbol?: Glencore trades on the OTCMKTS under the ticker symbol "GLNCY."
How do I buy shares of Glencore?: Shares of GLNCY 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.
Compare Top Brokerages Here.
What is Glencore's stock price today?: One share of GLNCY stock can currently be purchased for approximately $10.19.
How much money does Glencore make?: Glencore (OTCMKTS:GLNCY) has a market capitalization of $63.68 billion and generates $255.98 billion in revenue each year.
How many employees does Glencore have?: The company employs 81,706 workers across the globe.
Does Glencore have any subsidiaries?: The following companies are subsidiares of Glencore: ALE Combustiveis, ALE Combustiveis, AR Zinc Group, Access World Group, African Carbon Producers (Pty) Ltd, African Fine Carbon (Pty) Ltd, Asturiana de Zinc S.A., Biopetrol Industries, Britannia Refined Metals Limited, Char Technology (Pty) Ltd, Chemoil Energy Limited, Cobar Group, Compania Minera Antapaccay S.A., Compania Minera Lomas Bayas, Complejo Metalurgico Altonorte S.A., Empresa Minera Los Quenuales S.A., Finges Investment B.V., Glencore (Schweiz) AG, Glencore AG, Glencore Australia Holdings Pty Ltd, Glencore Australia Investment Holdings Pty Ltd, Glencore Australia Oil Pty Limited, Glencore Canada Corporation, Glencore Canada Financial Corp, Glencore Coal Queensland Pty Limited, Glencore Commodities Ltd, Glencore Energy UK Ltd, Glencore Exploration (EG) Ltd., Glencore Exploration Cameroon Ltd., Glencore Finance (Bermuda) Ltd, Glencore Finance (Europe) Limited, Glencore Funding LLC, Glencore Group Funding Limited, Glencore International AG, Glencore Investment Pty Ltd, Glencore Manganese Group, Glencore Nikkelverk AS, Glencore Operations Australia Pty Limited, Glencore Queensland Limited, Glencore Recycling Inc., Glencore Singapore Pte Ltd, Glencore UK Ltd, Izimbiwa Coal (Pty) Ltd, Katanga Mining Limited, Kazzinc Ltd., Koniambo Nickel S.A.S., Magdeburg, Mangoola Coal Operations Pty Limited, McArthur River Mining Pty Ltd, Minera Altos de Punitaqui Limitada, Minera Alumbrera Limited, Mopani Copper Mines plc, Mount Isa Mines Limited, Mt Owen Pty Limited, Murrin Murrin Group, Mutanda Group, NC Coal Company Pty Limited, Nordenhammer Zinkhütte GmbH, Oakbridge Pty Ltd, Pasar Group, Petrochad (Mangara) Limited, Portovesme S.r.L., Prodeco Group, Ravensworth Operations Pty Ltd, ST Shipping & Transport Pte Ltd, Sable Zinc, Sable Zinc Kabwe Limited, Sinchi Wayra Group, Sphere Minerals Limited, TRT, Tavistock Collieries (Pty) Limited, Topley Corporation, Umcebo Mining (Pty) Ltd, Vasilkovskoye Gold, Volcan Compania Minera S.A.A., Xstrata Limited, and Zhairemsky GOK JSC.
Read More
How can I contact Glencore?: Glencore's mailing address is Baarermattstrasse 3 PO Box 777, Baar V8, 6341. The official website for the company is www.glencore.com. The energy company can be reached via phone at (141) 709-2000, via email at hkinfo@computershare.com, or via fax at 41-41-709-3000.

This page (OTCMKTS:GLNCY) was last updated on 6/1/2023 by MarketBeat.com Staff

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