RIO - Rio Tinto plc

NYSE - NYSE Delayed Price. Currency in USD
55.46
+0.74 (+1.35%)
At close: 4:04PM EDT
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Previous close54.72
Open56.02
Bid0.00 x 2200
Ask0.00 x 800
Day's range55.41 - 56.10
52-week range38.95 - 60.72
Volume2,409,709
Avg. volume2,588,118
Market cap95.624B
Beta1.07
PE ratio (TTM)11.39
EPS (TTM)4.87
Earnings dateN/A
Forward dividend & yield2.20 (3.87%)
Ex-dividend date2017-08-09
1y target est60.56
Trade prices are not sourced from all markets
  • What Do Analysts Think About Rio Tinto Limited’s (ASX:RIO) Earnings Outlook?
    Simply Wall St.yesterday

    What Do Analysts Think About Rio Tinto Limited’s (ASX:RIO) Earnings Outlook?

    The latest earnings announcement Rio Tinto Limited (ASX:RIO) released in December 2017 confirmed that the business benefited from a sizeable tailwind, eventuating to a high double-digit earnings growth of 89.78%.Read More...

  • Barrons.com7 days ago

    [$$] Starboard Wants to Revitalize Web.com

    Source: InsiderScore.com On June 12, Sailingstone Capital Partners issued an open letter to the Turquoise Hill board, outlining approaches Turquoise Hill could take to boost its performance. Specifically, Sailingstone said it believes Turquoise Hill should “recalibrate” and become a truly independent company, and not rely on the guidance of the miner Rio Tinto (RIO), which holds a majority stake in the firm. Lastly, Turquoise Hill should reshape executive compensation, removing all Rio Tinto stock and operating performance metrics.

  • Analysts’ Expectations for Rio Tinto’s Earnings
    Market Realist11 days ago

    Analysts’ Expectations for Rio Tinto’s Earnings

    Rio Tinto (RIO) (TRQ) stock had returned 12.7% year-to-date as of June 7. Similar to BHP Billiton (BHP) stock, it fell 2.6% in the first quarter this year. As commodity prices firmed, the miners’ stocks picked up in April. The company has reignited its efforts to reduce costs and increase productivity. These efforts, along with balance sheet improvement and buoyant commodity prices, have significantly improved RIO’s prospects. Let’s look at the company’s revenue and earnings estimates.

  • Why Analysts Are Becoming Bearish toward Rio Tinto
    Market Realist11 days ago

    Why Analysts Are Becoming Bearish toward Rio Tinto

    Which Stocks Are Analysts Favoring amid High Volatility? Of the 13 analysts covering Rio Tinto (RIO) stock, 61% recommend “buy,” 31% recommend “hold,” and 8% recommend “sell.” One year back, 80% of analysts recommended “buy.” In comparison, of the analysts covering BHP Billiton (BHP) and Vale (VALE), 53% and 56% recommend “buy,” respectively. Cleveland-Cliffs (CLF), which is mainly exposed to the US domestic market, has “buy” recommendations from 54% of analysts covering the stock.

  • Reuters11 days ago

    Rio Tinto hires CFO from Danish shipper Maersk

    (Reuters) - Major miner Rio Tinto named Jacob Stausholm, formerly CFO of Danish shipping company A.P. Moller-Maersk, to replace outgoing financial boss Chris Lynch when he retires in September, the Anglo-Australian mining company said on Tuesday.

  • Financial Times11 days ago

    [$$] Rio Tinto turns to shipping industry for new CFO

    has turned to the shipping industry for its new finance chief, ending a nine-month search. The Anglo Australian mining company said on Tuesday it Jakob Stausholm, the chief financial officer of AP Moller Maersk, would replace incumbent Chris Lynch in September. The appointment of Mr Stausholm marks the latest change to the top team at Rio.

  • Financial Times12 days ago

    [$$] Rio Tinto/resource cycle: easy rider

    Frankly, Mr Stausholm will do well to keep Rio’s financial health as rosy as it is. Rio, on UBS estimates, should have net cash by end 2020, and it is certainly not alone. Understandably, some shareholders in this sector might wonder if this group has invested enough to keep the good times going.

  • Why Barclays Prefers BHP Billiton over Rio Tinto
    Market Realist12 days ago

    Why Barclays Prefers BHP Billiton over Rio Tinto

    Of the 17 analysts covering BHP Billiton (BHP), 53% recommend “buy,” 41% recommend “hold,” and 6% recommend “sell.” Their consensus target price for BHP is $33.20, which implies a 1% downside based on its current market price. Unlike BHP, peers (XME) Vale (VALE), Cleveland-Cliffs (CLF), and Freeport-McMoran (FCX) have an upside potential based on their target prices.

  • Rio Tinto inks exploration agreement with China's Minmetals
    Reuters16 days ago

    Rio Tinto inks exploration agreement with China's Minmetals

    The 50-50 joint venture with state-owned Minmetals follows a technical agreement signed in November when both parties committed to a collaborative partnership in mineral exploration. Major miners have been seeking ways to maximise exploration budgets and have also been analysing the sustainability of their portfolios in light of the changing needs of China, the world's biggest commodity consumer, as its economy matures.

  • 3 Dividend Stocks to Fund Your Nest Egg
    Motley Fool17 days ago

    3 Dividend Stocks to Fund Your Nest Egg

    Looking to grow your money for the long term? Here are three rock-solid dividend stocks that can do the heavy lifting for you.

  • Is Rio Tinto Limited (ASX:RIO) A Financially Sound Company?
    Simply Wall St.17 days ago

    Is Rio Tinto Limited (ASX:RIO) A Financially Sound Company?

    Rio Tinto Limited (ASX:RIO), a large-cap worth AU$141.90B, comes to mind for investors seeking a strong and reliable stock investment. One reason being its ‘too big to fail’ aura whichRead More...

  • What does Rio Tinto plc’s (LON:RIO) Balance Sheet Tell Us About Its Future?
    Simply Wall St.22 days ago

    What does Rio Tinto plc’s (LON:RIO) Balance Sheet Tell Us About Its Future?

    Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Rio Tinto plc (LSE:RIO) a safer option. Big corporations are much sought after by risk-averseRead More...

  • Iron Ore Inventories Stay Near Record Highs: Could Prices Cave?
    Market Realist23 days ago

    Iron Ore Inventories Stay Near Record Highs: Could Prices Cave?

    In this article, we’ll look at China’s iron ore port inventories and what they suggest for iron ore prices. These inventories reflect the difference between demand and supply. Usually, if iron ore isn’t used up by steel mills, it piles up at ports. Therefore, increasing inventories reflect weak demand, and vice versa.

  • Iron Ore Exports Remain Firm in April, Impacting Prices
    Market Realist23 days ago

    Iron Ore Exports Remain Firm in April, Impacting Prices

    Since the main seaborne iron ore exporters are from Australia or Brazil (EWZ), it’s imperative for iron ore investors to track these countries’ iron ore exports, which serve as a key supply-side indicator. According to the Pilbara Ports Authority, iron ore exports rose just 0.7% YoY (year-over-year) to ~42.6 million tons in April. Sequentially, imports rose 1.2%. Port Hedland, Australia’s largest iron ore loading port, is used by major miners BHP (BHP), Hancock Prospecting, and Fortescue Metals (FSUGY). Rio Tinto (RIO), on the other hand, uses Port Dampier. ...

  • Could US-China Trade War Fears Dictate Iron Ore Prices?
    Market Realist23 days ago

    Could US-China Trade War Fears Dictate Iron Ore Prices?

    Continuing their volatile streak, iron ore prices are now falling after rising in April. Iron ore reached $63.90 per ton on May 28, registering its seventh drop in eight sessions. While prices were supported in April and early May by China’s announcement of a cut in bank reserve requirements, rising inventory concerns eventually pushed them downward.

  • Why These Copper Miners Lowered Their Production Guidance
    Market Realist25 days ago

    Why These Copper Miners Lowered Their Production Guidance

    Previously in this series, we’ve looked at major copper producers’ first-quarter production data. In this article, we’ll look at the 2018 production guidance provided by leading copper miners. We’ll be focusing on companies that changed their guidance this year.

  • What Led to the Rise in Glencore’s First-Quarter Copper Production
    Market Realist25 days ago

    What Led to the Rise in Glencore’s First-Quarter Copper Production

    By looking at leading copper miners’ production profiles, we can get crucial insights into the global copper supply. Freeport-McMoRan (FCX) shipped 450,000 metric tons of copper in the first quarter, compared to 461,000 metric tons in the sequential quarter. While Freeport’s first-quarter copper production fell slightly on a sequential basis, it rose 22.7% year-over-year (or YoY).

  • Is a Valuation Rerating in the Cards for Vale Stock?
    Market Realist26 days ago

    Is a Valuation Rerating in the Cards for Vale Stock?

    Vale’s CFO, Luciano Siani Pires, said during Vale Day on December 6 that the company deserves a rerating of its valuation. Diversified miners (GNR) Rio Tinto (RIO) and BHP Billiton (BHP) are trading at similar multiples of 6.3x and 6.6x, respectively.

  • Is Rio Tinto Limited’s (ASX:RIO) PE Ratio A Signal To Buy For Investors?
    Simply Wall St.28 days ago

    Is Rio Tinto Limited’s (ASX:RIO) PE Ratio A Signal To Buy For Investors?

    Rio Tinto Limited (ASX:RIO) is currently trading at a trailing P/E of 12.8x, which is lower than the industry average of 14x. While this makes RIO appear like a greatRead More...

  • Why Analyst Sentiment for Vale Has Been Negative Lately
    Market Realist29 days ago

    Why Analyst Sentiment for Vale Has Been Negative Lately

    Vales (VALE) stock has seen a significant shift in ratings over the last few months. Most of the recent analyst ratings, however, point to negative sentiment among analysts. This sentiment contrasts sharply to eight analyst upgrades for the stock in 2017. Analysts were positive about the company’s deleveraging policy, which has now been mostly priced into the stock.

  • Vale’s Net Debt Position Improves, Excess Cash Going to Dividends
    Market Realist29 days ago

    Vale’s Net Debt Position Improves, Excess Cash Going to Dividends

    Vale (VALE) considerably reduced its net debt in 2017. At the end of 2017, its net debt totaled $18.1 billion, a decline of ~28% year-over-year. The company was guiding for net debt of $15.0 billion–$17.0 billion by the end of 2017. In the latest quarter, the company recorded another reduction of $3.2 billion in net debt to reach $14.9 billion. The debt decline during the quarter was supported by the sale of its fertilizer assets to Mosaic for $3.7 billion.

  • Why Vale’s Iron Ore Margins Should Remain Supported
    Market Realistlast month

    Why Vale’s Iron Ore Margins Should Remain Supported

    Is a Valuation Rerating in the Cards for Vale Stock? The EBITDA for the ferrous division was almost in line with the previous quarter despite seasonally lower volumes, mainly due to higher premiums and the net effect of the 13% increase in the benchmark iron ore index. Vale’s free-on-board (or FOB) cost per ton for iron ore fines was $14.8 per ton in the first quarter, in line with 4Q17.

  • Alcoa Bears: Ignore the Risks at Your Own Peril
    Market Realistlast month

    Alcoa Bears: Ignore the Risks at Your Own Peril

    In the previous article, we looked at some of Alcoa’s (AA) bullish drivers. Chinese overcapacity is still among the biggest challenges for aluminum producers such as Rio Tinto (RIO) and Norsk Hydro (NHYDY). Chinese aluminum exports have been elevated this year despite President Donald Trump’s Section 232 tariffs.

  • What Could Work in Alcoa’s Favor This Year?
    Market Realistlast month

    What Could Work in Alcoa’s Favor This Year?

    Although aluminum and alumina have retreated from their 2018 highs after President Donald Trump softened the RUSAL sanctions, global aluminum and alumina markets are expected to be in a deficit by some observers, including companies such as Alcoa. Alumina prices are also being supported by the partial shutdown of Norsk Hydro’s (NHYDY) Alunorte refinery. Aluminum prices might also take support from higher alumina prices (XME).