Buy, Sell or Hold: Rio Tinto (RIO-N) — Stock Predictions at Stockchase

NYSE:RIO

62.72

1.91 (3.14%) 1d

Showing 1 to 15 of 61 entries

COMMENT

Safe dividend? Yes and no. They slashed it during the Great Recession and 2015 when commodities declined. They have a strong balance sheet. Don't expect their dividend to consistently rise. They pay out less when things are good, and pay more when things are good, which is the right thing to do.

other mines

BUY on WEAKNESS

Believes dividends at the company are safe given price of commodities. Risk is that M&A will result in paying too much for assets at the top of the market. New management awareness of shareholders in the form of debt reduction, share buybacks & dividends.

other mines

WEAK BUY

Becoming more shareholder friendly. In this environment, bigger players are much safer. Involved in lithium and renewables, so this helps. Iron ore is their biggest business, and the slowdown in China has hurt. More stable than before, so not a bad mining company to own. Yield is around 7%.

other mines

DON'T BUY

"The dividend is talking to you" on this stock. Is that dividend sustainable? If commodity prices fall, is the dividend susceptible to being cut? Buyer beware.

other mines

WEAK BUY

If you believe in the resource boom, you want to own a large cap, as it will protect you with earnings and dividends if the market moves around a lot. Cyclical, so not a great business overall.

other mines

BUY

Almost a must own if we are not facing a synchronized global recession since that would reduce demand. It is up to the individual investor to make a decision on the possibility of a recession. It is one of the top iron producers and has multi-decade deposits. Aluminum prices are doing well. Good free cash flow and dividend. There is increasing pressure to make investments and its track record on this is mixed.

other mines

TOP PICK

130B company that gets majority of earnings from iron ore and aluminum. Aluminum prices are breaking out. Infrastructure bill, reopening, supply constraints. In last 5 tightening cycles by the Fed, commodities have worked in all 5 for the next 18 months. Yield is 9.71%, depends on profitability, with room to grow. Great way to protect from reflation. (Analysts’ price target is $75.20)

other mines

PARTIAL BUY

He owns it for the big, fat yield. Longer term, an interesting play. Dividend varies with earnings, and will probably be lower in the next 12 months. Yield cut in half would still be a respectable 5-6%. Buy in stages.

other mines

WAIT

RIO vs. TECK.B Similar companies, with one big difference. RIO gets 65% of revenue from iron ore. TECK.B is more focused on coal, zinc, and energy. He'd choose TECK.B today. RIO will be OK, but suffering because iron ore prices have come down. This will ultimately reverse. Looking out 3 years, both should do quite well.

other mines

PAST TOP PICK

(A Top Pick Jul 27/20, Up 26%) Had a good run. Iron ore prices have corrected. Interesting area around this price. He'd want to see it turn higher over the next 2-3 weeks before he added new positions. If we're in a commodity cycle, this could be a leading stock for a very long time.

other mines

BUY

Cyclicals and resource stocks will continue to do well. Worries of China slowing triggered a sell-off but these stocks are coming back. RIO is global with assets in investor-friendly countries. He likes their asset mix. The dividend is safe, but beware of withholding taxes on this. He's still buying this.

other mines

BUY

Just declared a very sizeable, special dividend. Stock dropped once that was announced, which is not atypical. Great way to play diversified materials. Iron ore has pulled back, and this is impacting the stock. Took out its old highs in January, and this usually means a new run for the stock. Buy here, if you can stomach the consolidation. Looking to be a strong performer for the next 1-2 years.

other mines

BUY

Both Australian plays. You get global plays and get exposure to a lot of metals. Mostly copper, iron ore and some energy. Hasn't bought in Canada since there are no quality companies - they were all bought by BHP and RIO. Everybody should own some global metal stocks. Buy to trade.

other mines

BUY

Metals and Mining sector. It is performing well right now. March and into April it should perform quite well due to seasonal strength. It can continue to move higher. He would put a trailing stop on it sometime in March.

other mines

BUY

Billy Kawasaki’s Insights - Picks from 5i Research. The stock is currently trading at 10x earnings, making it very cheap. If we see a rally in metals, earnings have a good leverage. They pay a healthy dividend and the balance sheet is strong. It is sensitive to commodity prices however. Unlock Premium - Try 5i Free

other mines

Showing 1 to 15 of 61 entries

Rio Tinto(RIO-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 9

Stockchase rating for Rio Tinto is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Rio Tinto(RIO-N) Frequently Asked Questions

What is Rio Tinto stock symbol?

Rio Tinto is a American stock, trading under the symbol RIO-N on the New York Stock Exchange (RIO). It is usually referred to as NYSE:RIO or RIO-N

Is Rio Tinto a buy or a sell?

In the last year, 9 stock analysts published opinions about RIO-N. 8 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Rio Tinto.

Is Rio Tinto a good investment or a top pick?

Rio Tinto was recommended as a Top Pick by on . Read the latest stock experts ratings for Rio Tinto.

Why is Rio Tinto stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Rio Tinto worth watching?

9 stock analysts on Stockchase covered Rio Tinto In the last year. It is a trending stock that is worth watching.

What is Rio Tinto stock price?

On 2022-06-24, Rio Tinto (RIO-N) stock closed at a price of $62.72.

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