With 2.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.8 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $58.82 whereas the lowest price it dropped to was $58.035. The 52-week range on RIO shows that it touched its highest point at $74.24 and its lowest point at $58.19 during that stretch. It currently has a 1-year price target of $76.80. With its current market cap of 72.89 billion, RIO has annualized dividend of $4.35 while the current yield stands at 7.48%. RIO paid its most recent dividend on 1723766400, while the ex-dividend date for that was 1723766400. Beta for the stock currently stands at 0.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RIO was down-trending over the past week, with a drop of -0.68%, but this was down by -8.39% over a month. Three-month performance dropped to -16.42% while six-month performance fell -13.12%. The stock lost -19.89% in the past year, while it has lost -1.05% so far this year. A look at the trailing 12-month EPS for RIO yields 6.56 with Next year EPS estimates of 6.85. EPS is expected to decline by -9.24% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.80%.
Float and Shares Shorts:
At present, 1.25 billion RIO shares are outstanding with a float of 1.25 billion shares on hand for trading. On 2024-12-13, short shares totaled 9.07 million, which was 55.99999999999999 higher than short shares on 1731628800. In addition to Mr. Jakob Stausholm M.S. as the firm’s CEO & Executive Director, Mr. Peter Lloyd Cunningham B.A. serves as its CFO & Director.
Institutional Ownership:
Through their ownership of 0.10813 of RIO’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RIO since 14 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RIO analysts setting a high price target of 98.0 and a low target of 73.0, the average target price over the next 12 months is 79.8. Based on these targets, RIO could surge 68.41% to reach the target high and rise by 25.45% to reach the target low. Reaching the average price target will result in a growth of 37.14% from current levels.
Analysts have provided yearly estimates in a range of $7.01517 being high and $6.78167 being low. For RIO, this leads to a yearly average estimate of $6.91365.
