Free Trial
LON:RIO

Rio Tinto Group (RIO) Share Price, News & Analysis

GBX 4,516
-75.00 (-1.63%)
(As of 09/6/2024 ET)
Today's Range
4,509
4,578.85
50-Day Range
4,516
5,359
52-Week Range
4,509
5,910
Volume
1.75 million shs
Average Volume
7.76 million shs
Market Capitalization
£56.45 billion
P/E Ratio
905.01
Dividend Yield
7.55%
Price Target
GBX 6,305

Rio Tinto Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
39.6% Upside
GBX 6,305 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.44
Upright™ Environmental Score
News Sentiment
-0.02mentions of Rio Tinto Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.99 out of 5 stars

RIO stock logo

About Rio Tinto Group Stock (LON:RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. The Minerals segment is involved in mining and processing of borates, titanium dioxide feedstock, and iron concentrate and pellets; diamond mining, sorting, and marketing; and development projects for battery materials, such as lithium. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

RIO Stock Price History

RIO Stock News Headlines

Analysts Set Rio Tinto Group (LON:RIO) Price Target at GBX 6,305
Rio Tinto Group (RIOA.F)
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines
Receive RIO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Rio Tinto Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 9/26 Dividend
8/15/2024
Today
9/07/2024
Dividend Payable
9/26/2024

Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
Metals & Mining
CIK
N/A
Fax
N/A
Employees
53,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 6,305
High Stock Price Target
GBX 7,700
Low Stock Price Target
GBX 5,700
Potential Upside/Downside
+39.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
£10.75 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£54.18 billion
Cash Flow
GBX 690.98 per share
Book Value
GBX 3,405 per share

Miscellaneous

Outstanding Shares
1,250,000,000
Free Float
N/A
Market Cap
£56.45 billion
Optionable
Not Optionable
Beta
0.63
The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

  • Mr. Jakob Stausholm M.S. (Age 56)
    CEO & Executive Director
    Comp: $2.15M
  • Mr. Peter Lloyd Cunningham B.A. (Age 58)
    CFO & Director
    Comp: $1.26M
  • Mr. Alfredo Barrios BSc Physics (Age 58)
    MSc, Ph.D., Chief Commercial Officer
    Comp: $1.12M
  • Mr. Bold Baatar (Age 50)
    Chief Executive of Copper
    Comp: $1.28M
  • Mr. Simon C. Trott BSc(Hon) (Age 48)
    GAICD, GradDipFin, Chief Executive of Iron Ore
    Comp: $1.19M
  • Mr. Jerome X. Pecresse (Age 57)
    Chief Executive of Aluminium, President & CEO of Renewable Energy
    Comp: $1.23M
  • Mr. Mark Davies
    Chief Technical Officer
  • Mr. Nigel Ian Steward
    Head of Grp Tech Processing, Asset Mgmt, Energy, Climate Change, R&D & Tech Strtgy & Chief Scientist
  • Mr. Menno Gerard Cornelis Sanderse
    Head of Investor Relations
  • Ms. Isabelle Deschamps (Age 54)
    Chief Legal, Governance & Corporate Affairs Officer

Should I Buy Rio Tinto Group Stock? RIO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Rio Tinto Group:

  • Rio Tinto Group's stock price has a potential upside of 13.91% based on the latest price target.
  • The company operates in various segments including Iron Ore, Aluminium, Copper, and Minerals, providing diversification in the mining industry.
  • Recent analyst reports have rated the stock as a "Moderate Buy" with a consensus target price of GBX 6,190, indicating positive sentiment.
  • Rio Tinto Group has a strong market cap of £62.55 billion, reflecting stability and size in the market.
  • The company's debt-to-equity ratio, quick ratio, and current ratio indicate a healthy financial position.

Cons

Investors should be bearish about investing in Rio Tinto Group for these reasons:

  • Recent target price cuts by some analysts may indicate potential challenges or uncertainties in the company's performance.
  • Fluctuations in commodity prices, especially in the mining industry, can impact Rio Tinto Group's profitability and stock performance.
  • Some analysts have downgraded the stock from a "buy" to a "hold" rating, suggesting a shift in sentiment towards the company.
  • The company's price-to-earnings ratio of 1,042.50 may be a concern for investors looking for more value-oriented investments.
  • Investors should closely monitor any regulatory changes or environmental concerns that could affect Rio Tinto Group's operations and reputation.
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 Thursday, August 22, 2024. Please send any questions or comments about these Rio Tinto Group pros and cons to contact@marketbeat.com.

RIO Stock Analysis - Frequently Asked Questions

How have RIO shares performed this year?

Rio Tinto Group's stock was trading at GBX 5,842 at the beginning of 2024. Since then, RIO shares have decreased by 22.7% and is now trading at GBX 4,516.
View the best growth stocks for 2024 here
.

How do I buy shares of Rio Tinto Group?

Shares of RIO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Rio Tinto Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rio Tinto Group investors own include Anglo American (AAL), BHP Group (BHP), Glencore (GLEN), Citigroup (C), Alibaba Group (BABA), BHP Group (BHP) and NVIDIA (NVDA).

This page (LON:RIO) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners