What are analysts'target prices for Rio Tinto Group stock?
16 brokers have issued 12-month target prices for Rio Tinto Group's shares. Their forecasts range from $112.00 to $112.00. On average, they anticipate Rio Tinto Group's stock price to reach $112.00 in the next year. This suggests a possible upside of 25.9% from the stock's current price.
Where can I buy shares of Rio?
Shares of RIO 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.
Who buys Ririo stock?
RIO stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Miller Howard Investments Inc. NY, National Bank of Canada FI, Edge Capital Group LLC, Kornitzer Capital Management Inc. KS, Russell Investments Group Ltd.
Does Rio Tinto Group have an upside of 35%?
According to analysts' consensus price target of $100.13, Rio Tinto Group has a forecasted upside of 35.5% from its current price of $73.89. Rio Tinto Group has only been the subject of 4 research reports in the past 90 days.
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Is RIO a buy?
Should I buy Rio Tinto stock? If you're looking for a stock with good yields, Rio Tinto stock is ideal with a regular and significant dividend. Rio Tinto shares offer a dividend yield expected to exceed 13% in 2022, making them one of the most attractive stocks on the market for generating regular income.
Is Rio Tinto Plc a buy?
Rio Tinto PLC - Sell Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of RIO, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
Is Rio Tinto listed in US?
Rio Tinto plc American Depositary Receipts are listed on the New York Stock Exchange.
Is RIO undervalued?
RIO has the largest portfolio of iron ore assets with 16 mines. The demand for this raw material is set to grow worldwide at a CAGR of 3.7% between 2022 and 2026 to reach 2.7 billion metric tonnes. Shares for RIO have fallen low enough that the company can be considered undervalued.
What is the future for Rio Tinto?
We will continue to ramp up production from the mine through the remainder of 2022, and we expect to reach full capacity during 2023. We are also progressing a feasibility study to support an expansion of this new hub.
How much is Rio Tinto next dividend?
The next Rio Tinto plc dividend will go ex in 15 days for 221.63p and will be paid in 2 months. The previous Rio Tinto plc dividend was 45.6p and it went ex 5 months ago and it was paid 3 months ago....Dividend Summary.SummaryPrevious dividendNext dividendPay date21 Apr 2022 (Thu)22 Sep 2022 (Thu)5 more rows
Who is the largest shareholder of Rio Tinto?
Top 10 Owners of Rio Tinto PLCStockholderStakeShares ownedFisher Asset Management LLC1.13%14,128,925Arrowstreet Capital LP1.03%12,899,694State Farm Investment Management ...0.88%10,931,820Capital Research & Management Co....0.68%8,484,9926 more rows
Is Rio Tinto the largest mining company?
Rio Tinto Group is an Anglo-Australian multinational company that is the world's second-largest metals and mining corporation (behind BHP).
Is Rio Tinto owned by Rothschild?
Edmond De Rothschild Holding S.a. reports 15.22% decrease in ownership of RIO / Rio Tinto plc. 2022-05-10 - Edmond De Rothschild Holding S.a. has filed a 13F-HR form disclosing ownership of 5,695 shares of Rio Tinto plc (US:RIO) with total holdings valued at $458,000 USD as of 2022-03-31.
Why is Rio Tinto stock dropping?
Tumbling iron ore prices could also be dragging on the Rio Tinto share price today. According to Trading Economics data, the iron ore price has slipped almost 3% to US$137.50 per tonne. Iron ore prices dropped in global markets on Monday amid fear of further lockdowns in China, mining.com reported.
Why is Rio Tinto a buy?
Thanks to significantly higher prices for its core products of iron ore, aluminium, and copper, the company's 2021 dividend comes to more than $10. That's almost twice the previous record dividend and it gives Rio Tinto (NYSE:RIO) a dividend yield of almost 17% at its current share price of $62.
How do I buy Rio Tinto shares?
How to buy shares in Rio TintoCompare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. ... Open and fund your brokerage account. ... Search for Rio Tinto. ... Purchase now or later. ... Decide on how many to buy. ... Check on your investment.
Should I buy or sell Rio Tinto Group stock right now?
17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last twelve months. There are cu...
What is Rio Tinto Group's stock price forecast for 2022?
17 equities research analysts have issued 1-year price targets for Rio Tinto Group's shares. Their forecasts range from $70.00 to $6,000.00. On ave...
How has Rio Tinto Group's stock performed in 2022?
Rio Tinto Group's stock was trading at $66.94 at the beginning of 2022. Since then, RIO stock has increased by 7.1% and is now trading at $71.69....
How often does Rio Tinto Group pay dividends? What is the dividend yield for Rio Tinto Group?
Rio Tinto Group declared a None dividend on Wednesday, February 23rd. Investors of record on Friday, March 11th will be given a dividend of $4.785...
Is Rio Tinto Group a good dividend stock?
Rio Tinto Group(NYSE:RIO) pays an annual dividend of $8.33 per share and currently has a dividend yield of 11.62%. RIO has a dividend yield higher...
Who are Rio Tinto Group's key executives?
Rio Tinto Group's management team includes the following people: Mr. Jakob Stausholm M.S. , MS, CEO & Exec. Director (Age 54, Pay $2.84M) Mr. Pe...
What is Jean-Sébastien Jacques' approval rating as Rio Tinto Group's CEO?
282 employees have rated Rio Tinto Group CEO Jean-Sébastien Jacques on Glassdoor.com . Jean-Sébastien Jacques has an approval rating of 79% among...
Who are some of Rio Tinto Group's key competitors?
Some companies that are related to Rio Tinto Group include BHP Group (BHP) , Vale (VALE) , Anglo American (NGLOY) , Freeport-McMoRan (FCX) , S...
What other stocks do shareholders of Rio Tinto Group own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Rio Tinto Group investors own include AT&T (T) , Intel (I...
How much does Rio Tinto make?
Does Rio Tinto have a dividend?
Rio Tinto Group has a market capitalization of $107.39 billion and generates $44.61 billion in revenue each year. The mining company earns $9.77 billion in net income (profit) each year or $7.70 on an earnings per share basis.
Is Rio Tinto a good dividend stock?
Rio Tinto Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Rio Tinto Group is 80.26%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Rio Tinto Group will have a dividend payout ratio of 41.76% next year.
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RIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Rio Tinto Group does not yet have a strong track record of dividend growth.
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