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

Company Overview

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.

Key Stats

• Today's Range: 4,754.50 to 4,826
• 50-Day Range: 4,745 to 5,371
• 52-Week Range: 4,509 to 5,910
• Volume: 3.87 million shs
• Average Volume: 6.25 million shs
• Market Capitalization: £59.46 billion
• P/E Ratio: 943.85
• Dividend Yield: 7.11%
• Price Target: GBX 6,203.75
• Consensus Rating: Moderate Buy

Rio Tinto Group Stock Analysis - MarketRank™

Rio Tinto Group scored higher than 41% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Rio Tinto Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rio Tinto Group has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Rio Tinto Group is 945.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 135.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rio Tinto Group is 945.44, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.20.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Rio Tinto Group, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Rio Tinto Group has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RIO.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Rio Tinto Group is a leading dividend payer. It pays a dividend yield of 6.70%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Rio Tinto Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Rio Tinto Group is 6,706.35%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -7.44

Short Interest

There is no current short interest data available for RIO.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.12

News Sentiment

Rio Tinto Group has a news sentiment score of -0.12. 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 0.42 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Rio Tinto Group this week, compared to 2 articles on an average week.

Search Interest

Only 38 people have searched for RIO on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.

MarketBeat Follows

3 people have added Rio Tinto Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Rio Tinto Group insiders have sold 3,167.47% more of their company's stock than they have bought. Specifically, they have bought £9,912 in company stock and sold £323,871.76 in company stock.

Percentage Held by Insiders

14.62% of the stock of Rio Tinto Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

48.00% of the stock of Rio Tinto Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 start of the year. Since then, RIO stock has decreased by 18.4% and is now trading at GBX 4,765.
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), Meta Platforms (META), NVIDIA (NVDA), BHP Group (BHP), Glencore (GLEN), BP (BP) and Tesla (TSLA).

Company Calendar

• Ex-Dividend for 9/26 Dividend: 8/15/2024
• Dividend Payable: 9/26/2024
• Today: 12/18/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Metals & Mining
• Current Symbol: LON:RIO
• CUSIP: N/A
• CIK: N/A
• Web: www.riotinto.com
• Phone: +44-20-77811623
• Fax: N/A
• Employees: 57,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 6,203.75
• High Stock Price Target: GBX 7,700
• Low Stock Price Target: GBX 5,400
• Potential Upside/Downside: +28.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 5.04
• Trailing P/E Ratio: 956.35
• Forward P/E Ratio: 8.80
• P/E Growth: -0.64
• Net Income: £10.75 billion
• Net Margins: 19.84%
• Pretax Margin: N/A
• Return on Equity: 19.72%
• Return on Assets: 9.23%

Debt

• Debt-to-Equity Ratio: 25.01
• Current Ratio: 1.70
• Quick Ratio: 1.34

Sales & Book Value

• Annual Sales: £54.18 billion
• Price / Sales: 1.11
• Cash Flow: GBX 737.50 per share
• Price / Cash Flow: 6.54
• Book Value: GBX 3,405 per share
• Price / Book: 1.42

Miscellaneous

• Outstanding Shares: 1,250,000,000
• Free Float: N/A
• Market Cap: £60.25 billion
• Optionable: Not Optionable
• Beta: 0.59