In the latest trading session,, 1.07 million Rio Tinto plc ADR (NYSE:RIO) shares changed hands as the company’s beta touched 0.72. With the company’s most recent per share price at $58.90 changed hands at -$1.98 or -3.25% at last look, the market valuation stands at $73.85B. RIO’s current price is a discount, trading about -26.04% off its 52-week high of $74.24. The share price had its 52-week low at $51.67, which suggests the last value was 12.28% up since then. When we look at Rio Tinto plc ADR’s average trading volume, we note the 10-day average is 2.71 million shares, with the 3-month average coming to 3.22 million.
Analysts gave the Rio Tinto plc ADR (RIO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.56. If we narrow down to specifics, the data shows that 1 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended RIO as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Rio Tinto plc ADR’s EPS for the current quarter is expected to be 0.
Rio Tinto plc ADR (NYSE:RIO) trade information
Instantly RIO was in red as seen in intraday trades today. With action -2.16%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 0.15%, with the 5-day performance at -2.16% in the red. However, in the 30-day time frame, Rio Tinto plc ADR (NYSE:RIO) is -1.96% down. Looking at the short shares, we see there were 6.33 million shares sold at short interest cover period of 1.73 days.
The consensus price target for the stock as assigned by Wall Street analysts is 92, meaning bulls need an upside of 35.98% from its recent market value. According to analyst projections, RIO’s forecast low is 79 with 100 as the target high. To hit the forecast high, the stock’s price needs a -69.78% plunge from its current level, while the stock would need to soar -34.13% for it to hit the projected low.
Rio Tinto plc ADR (RIO) estimates and forecasts
Year-over-year growth is forecast to reach -2.85% down from the last financial year.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.69%. The 2025 estimates are for Rio Tinto plc ADR earnings to decrease by -4.67%, but the outlook for the next 5-year period is at 0.69% per year.
RIO Dividends
Rio Tinto plc ADR is expected to release its next quarterly earnings report on 2007-Jul-17. The 6.83% annual yield figure for the share gives it an annual dividend of 4.02. It is important to note, however, that the 6.83% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 7.79 per year.
Rio Tinto plc ADR (NYSE:RIO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.00% of Rio Tinto plc ADR shares while 10.58% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.58%. There are 10.58% institutions holding the Rio Tinto plc ADR stock share, with WELLINGTON MANAGEMENT GROUP LLP the top institutional holder. As of 2024-06-30, the company held 1.3686% of the shares, roughly 22.21 million RIO shares worth $1.46 billion.
FISHER ASSET MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 1.0502% or 17.04 million shares worth $1.12 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD FENWAY FUNDS-Vanguard Equity Income Fund and iShares Trust-iShares Core MSCI EAFE ETF . With 7.28 shares estimated at $429.43 million under it, the former controlled 0.58% of total outstanding shares. On the other hand, iShares Trust-iShares Core MSCI EAFE ETF held about 0.57% of the shares, roughly 7.1 shares worth around $418.53 million.
