Should I buy or sell Glencore stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GLNCY shares. View GLNCY analyst ratings or view top-rated stocks .

How have GLNCY shares performed in 2024?

Glencore's stock was trading at $11.98 on January 1st, 2024. Since then, GLNCY stock has decreased by 1.3% and is now trading at $11.83. View the best growth stocks for 2024 here .

Are investors shorting Glencore?

Glencore saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 612,100 shares, an increase of 133.5% from the March 15th total of 262,100 shares. Based on an average daily volume of 1,514,600 shares, the days-to-cover ratio is currently 0.4 days. View Glencore's Short Interest .

How often does Glencore pay dividends? What is the dividend yield for Glencore?

Glencore announced a dividend on Tuesday, April 2nd. Investors of record on Friday, May 3rd will be given a dividend of $0.116 per share on Thursday, June 20th. The ex-dividend date of this dividend is Thursday, May 2nd. Read our dividend analysis for GLNCY .

Is Glencore a good dividend stock?

Glencore (OTCMKTS:GLNCY) pays an annual dividend of $1.10 per share and currently has a dividend yield of 9.21%. 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 ETFs hold Glencore's stock?

ETFs with the largest weight of Glencore (OTCMKTS:GLNCY) stock in their portfolio include Amplify Natural Resources Dividend Income ETF (NDIV) . Simplify Volt RoboCar Disruption and Tech ETF (VCAR) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

OTCMKTS:GLNCY

Glencore (GLNCY) Stock Price, News & Analysis

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$11.83

-0.11 (-0.92%)

(As of 04/15/2024 ET)

Compare

Today's Range: $11.80
▼
$12.06
50-Day Range: $9.30
▼
$11.98
52-Week Range: $9.26
▼
$12.47

Volume: 512,272 shs
Average Volume: 740,592 shs
Market Capitalization: $72.17 billion

P/E Ratio: N/A
Dividend Yield: 9.30%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Financials Headlines SEC Filings Short Interest

Get Glencore alerts:

Glencore MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.01% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.62
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 33.77%
From $0.77 to $1.03 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.45 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 0.4, 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 133.54%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Glencore is a leading dividend payer. It pays a dividend yield of 9.21%, 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 EPS estimates, Glencore will have a dividend payout ratio of 106.80% in the coming year. This indicates that Glencore may not be able to sustain their current dividend.

N/A

Sustainability and ESG

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

3.1

News and Social Media Coverage

News Sentiment
Glencore has a news sentiment score of 0.62. 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 higher news sentiment than the 0.40 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Glencore this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for GLNCY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
8 people have added Glencore to their MarketBeat watchlist in the last 30 days. This is an increase of 167% 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 0.06% of the stock of Glencore is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Glencore are expected to grow by 33.77% in the coming year, from $0.77 to $1.03 per share.
Price to Earnings Growth Ratio
Glencore has a PEG Ratio of 6.15. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Glencore has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Glencore Stock (OTCMKTS:GLNCY)

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution. It also operates marketing and distribution of physical commodities sourced from third party producers and company's production to industrial consumers, including the battery, electronic, construction, automotive, steel, energy, and oil industries. In addition, the company provides financing, logistics, and other services to producers and consumers of commodities. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

GLNCY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GLNCY Stock News Headlines

April 10, 2024 | americanbankingnews.com

Glencore (OTCMKTS:GLNCY) Shares Cross Above 200-Day Moving Average of $10.86

April 4, 2024 | proactiveinvestors.com

Santacruz Silver amends Glencore agreements

April 16, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 2, 2024 | msn.com

Glencore may consider switching main listing to U.S., Deutsche Bank says

March 30, 2024 | cnbc.com

Investor Tribeca presents Glencore with ideas to raise shareholder value – How it may unfold

March 28, 2024 | finance.yahoo.com

Rivers Near Congo Copper and Cobalt Mines are Toxic, Report Says

March 15, 2024 | theglobeandmail.com

Coal is dead, or at least was, according to the ESG crowd. Long live coal

March 12, 2024 | proactiveinvestors.com

Li-Cycle shares rally as Glencore ups investment

April 16, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

March 8, 2024 | proactiveinvestors.com

Sigma Lithium expands green lithium shipment to Glencore, secures enhanced prepayment terms

February 27, 2024 | reuters.com

Exclusive: Glencore eyes Shell Singapore assets as CNOOC pulls out, sources say

February 25, 2024 | investing.com

Analysis-Top global energy traders face multi-billion cash quandary

February 22, 2024 | reuters.com

Teck Resources expects to close coal unit sale to Glencore by Q3, CEO says

February 21, 2024 | msn.com

European stocks mixed; HSBC weighs on UK market

February 21, 2024 | wsj.com

Glencore Earnings Tumble on Lower Energy Prices

February 18, 2024 | finance.yahoo.com

RPT-COLUMN-West challenges China's critical minerals hold on Africa: Andy Home

January 15, 2024 | benzinga.com

Glencore Stock (OTC:GLNCY), Analyst Ratings, Price Targets, Predictions

January 12, 2024 | realmoney.thestreet.com

Glencore initiated with bullish view at Goldman Sachs, here's why

December 17, 2023 | seekingalpha.com

Glencore's Future Plans

November 17, 2023 | theglobeandmail.com

Ottawa sets out clear path for Glencore’s purchase of Teck’s coal mines

November 16, 2023 | theglobeandmail.com

Glencore-Teck deal reveals the irony of coal: Profitable and vital, yet endlessly shunned

November 15, 2023 | morningstar.com

Glencore PLC ADR GLNCY

November 14, 2023 | msn.com

Glencore confirms deal to buy 77% of Teck coal business for $6.9B

November 14, 2023 | theglobeandmail.com

Ottawa will closely scrutinize Glencore’s proposed takeover of Teck’s coal business, Freeland says

November 14, 2023 | msn.com

Canada likely to greenlight Glencore-Teck deal despite greater scrutiny of foreign deals

November 14, 2023 | theglobeandmail.com

Glencore might just be forced to phase out the coal operations it’s buying from Teck

November 14, 2023 | investing.com

Rolls Royce shares dip on Airbus A350 deal delay, FTSE 100 falls

See More Headlines

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Company Calendar

Today: 4/16/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Basic Materials
Industry: Private households
Sub-Industry: N/A
Current Symbol: OTCMKTS:GLNCY
CUSIP: N/A
CIK: 1524684
Web: www.glencore.com
Phone: (141) 709-2000
Fax: 41-41-709-3000
Employees: 140,000
Year Founded: 1974

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.36
P/E Growth: 6.15
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: 0.60
Current Ratio: 1.29
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $217.83 billion
Price / Sales: 0.33
Cash Flow: $1.87 per share
Price / Cash Flow: 6.34
Book Value: $6.27 per share
Price / Book: 1.89

Miscellaneous

Outstanding Shares: 6,100,360,000
Free Float: N/A
Market Cap: $72.17 billion
Optionable: Not Optionable
Beta: 1.40

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Key Executives

Mr. Gary Nagle (Age 49)
CEO & Director
Comp: $5.83M
Mr. Steven Kalmin (Age 53)
Chief Financial Officer
Comp: $305.59k
Mr. Martin Fewings
Head of Investor Relations & Communications
Shaun Teichner
General Counsel
Mr. Derrick Crowley
Head of Human Resources
Mr. Dawid Myburgh
Chief Geologist
Japie Fullard
Head of Ferroalloys Assets
Jason Kluk
Head of Ferroalloys & Nickel Marketing
Ruan Van Schalkwyk
Head of Coal Marketing
Alex Sanna
Head of Oil Marketing

Key Competitors

View All Competitors

Should I Buy Glencore Stock? GLNCY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Glencore plc:

Glencore is currently in talks for acquiring a stake in Pan American Silver's Argentina copper mine, indicating potential growth in the copper sector.
The company has a diversified portfolio across metals, minerals, and energy products, reducing risk associated with a single commodity.
Glencore provides financing, logistics, and other services to producers and consumers of commodities, creating additional revenue streams.
With operations across multiple continents, Glencore has a global presence, allowing it to capitalize on diverse market conditions.
Considering the recent stock price movements, Glencore's shares are showing resilience and potential for value appreciation.

Cons

Investors should be bearish about investing in Glencore plc for these reasons:

Volatility in commodity prices can impact Glencore's profitability, as the company is heavily reliant on the commodities market.
Regulatory challenges in different regions where Glencore operates can pose risks to its operations and financial performance.
Environmental concerns related to mining activities could lead to increased scrutiny and potential costs for compliance and sustainability measures.
Geopolitical tensions in regions where Glencore has significant operations may disrupt supply chains and impact the company's bottom line.
Fluctuations in global demand for commodities may affect Glencore's revenue streams and overall financial health.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Glencore pros and cons to contact@marketbeat.com.

GLNCY Stock Analysis - Frequently Asked Questions

Should I buy or sell Glencore stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GLNCY shares.
View GLNCY analyst ratings or view top-rated stocks.
How have GLNCY shares performed in 2024?: Glencore's stock was trading at $11.98 on January 1st, 2024. Since then, GLNCY stock has decreased by 1.3% and is now trading at $11.83.
View the best growth stocks for 2024 here.
Are investors shorting Glencore?: Glencore saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 612,100 shares, an increase of 133.5% from the March 15th total of 262,100 shares. Based on an average daily volume of 1,514,600 shares, the days-to-cover ratio is currently 0.4 days.
View Glencore's Short Interest.
How often does Glencore pay dividends? What is the dividend yield for Glencore?: Glencore announced a dividend on Tuesday, April 2nd. Investors of record on Friday, May 3rd will be given a dividend of $0.116 per share on Thursday, June 20th. The ex-dividend date of this dividend is Thursday, May 2nd.
Read our dividend analysis for GLNCY.

Is Glencore a good dividend stock?: Glencore (OTCMKTS:GLNCY) pays an annual dividend of $1.10 per share and currently has a dividend yield of 9.21%. 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 ETFs hold Glencore's stock?: ETFs with the largest weight of Glencore (OTCMKTS:GLNCY) stock in their portfolio include Amplify Natural Resources Dividend Income ETF (NDIV).Simplify Volt RoboCar Disruption and Tech ETF (VCAR).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
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

This page (OTCMKTS:GLNCY) was last updated on 4/16/2024 by MarketBeat.com Staff

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