Rio Tinto/RIO

0.26%
-
1D1W1MYTD1YMAX

About Rio Tinto

Rio Tinto plc is a United Kingdom-based mining and metals company. The Company operates in 35 countries where it produces iron ore, copper, aluminum, critical minerals and other materials needed for the global energy transition. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment is engaged in mining and salt and gypsum production in Western Australia. Aluminum segment is engaged in bauxite mining, alumina refining, and aluminum smelting. Copper segment is engaged in mining and refining of copper, gold, silver, molybdenum, other by-products and exploration activities which is the responsibility of the Copper product Company chief executive. Minerals segment includes businesses with products such as borates, titanium dioxide feedstock together with the iron ore company of Canada (iron ore mining and iron concentrate/pellet production). It also includes diamond mining, sorting and marketing and development projects for battery minerals, such as lithium.

Ticker

RIO

Sector

Basic Materials

Trading on

LSE

Industry

Metal Mining

CEO

Jakob Stausholm

Employees

57,000

Headquarters

London, United Kingdom

Rio Tinto Metrics

BasicAdvanced
£125B
Market cap
11.89
P/E ratio
£6.16
EPS
0.82
Beta
£4.34
Dividend rate
5.9%
Dividend yield
£125B
0.82305
£75.27
£57.27
4.2M
£4.34
1.688
1.165
24.151
26.292
70.59%
75.014
282.31%
9.94%
19.12%
11.57%
11.885
2.304
2.178
2.521
77.64
7.59%
5.93%
5.9%
-3.46%
-24.05%
6.6%
0.92%
-2.37%

What the Analysts think about Rio Tinto

Analyst Ratings

Majority rating from 23 analysts.
Buy

Price Targets

Average projection from 20 analysts.
4.79% upside
High £77.00
Low £45.01
£58.00
Current price
£60.78
Average price target

Rio Tinto Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
18.04% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$27B
2.65%
Net income
$4.9B
-3.44%
Profit margin
18.04%
-5.94%

Rio Tinto Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 1.53%
QuarterlyAnnual
Q2 22
Q4 22
Q2 23
Q4 23
Q2 24
Actual
$5.30
$2.85
$3.53
$3.72
-
Expected
$5.10
$3.08
$3.65
$3.67
$3.71
Surprise
3.96%
-7.57%
-3.32%
1.53%
-
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by ICE Data Services and LSEG. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Rio Tinto stock?

Rio Tinto (RIO) has a market cap of £125B as of May 20, 2024.

What is the P/E ratio for Rio Tinto stock?

The price to earnings (P/E) ratio for Rio Tinto (RIO) stock is 11.89 as of May 20, 2024.

Does Rio Tinto stock pay dividends?

Yes, the Rio Tinto (RIO) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is £4.34275 and the yield is 5.9%. Rio Tinto has a payout ratio of 70.59% on a trailing twelve-month basis.

When is the next Rio Tinto dividend payment date?

The next Rio Tinto (RIO) dividend payment date is unconfirmed.

What is the beta indicator for Rio Tinto?

Rio Tinto (RIO) has a beta rating of 0.82. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Rio Tinto stock price target?

The target price for Rio Tinto (RIO) stock is £60.78, which is 4.79% above the current price of £58. This is an average based on projections from 20 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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