Vale (VALE) Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vale in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" VALE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VALE, but not buy additional shares or sell existing shares.
View VALE analyst ratings or view top-rated stocks.

11 equities research analysts have issued 1-year price targets for Vale's stock. Their VALE share price forecasts range from $13.20 to $20.00. On average, they predict the company's stock price to reach $16.64 in the next year. This suggests a possible upside of 24.9% from the stock's current price.
View analysts price targets for VALE or view top-rated stocks among Wall Street analysts.

Vale's stock was trading at $16.97 at the beginning of the year. Since then, VALE stock has decreased by 21.5% and is now trading at $13.32.
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Vale saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 46,310,000 shares, an increase of 21.8% from the July 15th total of 38,010,000 shares. Based on an average daily trading volume, of 21,640,000 shares, the short-interest ratio is presently 2.1 days. Approximately 1.1% of the company's shares are sold short.
View Vale's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our VALE earnings forecast.

Vale S.A. (NYSE:VALE) posted its earnings results on Thursday, October, 28th. The basic materials company reported $0.76 EPS for the quarter, missing analysts' consensus estimates of $1.12 by $0.36. The basic materials company had revenue of $12.68 billion for the quarter, compared to analysts' expectations of $14.08 billion. Vale had a trailing twelve-month return on equity of 28.86% and a net margin of 27.29%.

Vale announced a semi-annual dividend on Friday, July 28th. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.4056 per share on Monday, September 11th. This represents a dividend yield of 5.1%. The ex-dividend date of this dividend is Monday, August 14th. This is an increase from the stock's previous semi-annual dividend of $0.35.
Read our dividend analysis for VALE.

ETFs with the largest weight of Vale (NYSE:VALE) stock in their portfolio include iShares Latin America 40 ETF (ILF), VanEck Steel ETF (SLX), SPDR S&P Global Natural Resources ETF (GNR), iShares Global Materials ETF (MXI), SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM), Pacer Emerging Markets Cash Cows 100 ETF (ECOW), Matthews Emerging Markets ex China Active ETF (MEMX) and ProShares S&P Global Core Battery Metals ETF (ION).

Vale (NYSE:VALE) pays an annual dividend of $0.69 per share and currently has a dividend yield of 5.21%. VALE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VALE will have a dividend payout ratio of 32.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VALE.

Based on aggregate information from My MarketBeat watchlists, some companies that other Vale investors own include Bank of America (BAC), Micron Technology (MU), Freeport-McMoRan (FCX), Intel (INTC), General Electric (GE), Petróleo Brasileiro S.A. - Petrobras (PBR), Cisco Systems (CSCO), AT&T (T), Alibaba Group (BABA) and NVIDIA (NVDA).

Vale trades on the New York Stock Exchange (NYSE) under the ticker symbol "VALE."

Vale's stock is owned by a number of retail and institutional investors. Top institutional investors include Capital Research Global Investors (2.40%), Capital World Investors (1.82%), Capital International Investors (1.61%), BlackRock Inc. (1.49%), Fisher Asset Management LLC (0.40%) and Optiver Holding B.V. (0.00%).

Shares of VALE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VALE stock can currently be purchased for approximately $13.32.

Vale (NYSE:VALE) has a market capitalization of $59.71 billion and generates $43.84 billion in revenue each year. The basic materials company earns $18.79 billion in net income (profit) each year or $2.41 on an earnings per share basis.

The company employs 64,516 workers across the globe.

Vale's mailing address is Praia de Botafogo186-offices 701-1901 Botafogo, RIO DE JANEIRO D5, 22250-145. The official website for the company is www.vale.com. The basic materials company can be reached via phone at 552134855000, via email at vale.ri@vale.com, or via fax at 55-21-3814-8820.