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NYSE:VALE

Vale (VALE) Stock Price, News & Analysis

$11.84
-0.01 (-0.08%)
(As of 04:10 PM ET)
Today's Range
$11.74
$11.97
50-Day Range
$11.67
$13.63
52-Week Range
$11.52
$16.08
Volume
25.80 million shs
Average Volume
26.63 million shs
Market Capitalization
$53.08 billion
P/E Ratio
6.47
Dividend Yield
9.97%
Price Target
$16.67

Vale MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
41.0% Upside
$16.67 Price Target
Short Interest
Healthy
0.88% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Vale in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.03%
From $2.31 to $2.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Basic Materials Sector

51st out of 171 stocks

Metal Mining Industry

4th out of 20 stocks

VALE stock logo

About Vale Stock (NYSE:VALE)

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.

VALE Stock Price History

VALE Stock News Headlines

Vale (NYSE:VALE) Hits New 12-Month Low at $11.52
Vale (NYSE:VALE) Shares Gap Up Following Analyst Upgrade
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Scotiabank Keeps Their Hold Rating on Vale SA (VALE)
Vale (NYSE:VALE) Given New $17.00 Price Target at Barclays
Vale (NYSE:VALE) Receives "Neutral" Rating from Bank of America
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
3 Stocks Set to Outperform in the Next Bull Market
VALE Aug 2024 12.000 call
VALE Mar 2024 11.500 call
VALE Mar 2024 11.500 put
VALE May 2024 16.000 put
VALE Mar 2024 11.000 call
Vale: Why I'm Buying More Despite The Noise
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 3/26 Dividend
3/12/2024
Dividend Payable
3/26/2024
Today
4/18/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Employees
64,516
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.67
High Stock Price Target
$20.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+40.7%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$7.98 billion
Pretax Margin
26.69%

Debt

Sales & Book Value

Annual Sales
$41.78 billion
Cash Flow
$2.43 per share
Book Value
$9.14 per share

Miscellaneous

Outstanding Shares
4,483,080,000
Free Float
4,483,079,000
Market Cap
$53.10 billion
Optionable
Optionable
Beta
0.97

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Key Executives

  • Mr. Eduardo de Salles Bartolomeo (Age 60)
    President & CEO
  • Mr. Gustavo Duarte Pimenta (Age 46)
    Executive VP of Finance & Investor Relations
  • Mr. Carlos Henrique Senna Medeiros (Age 61)
    Executive Vice President of Operations
  • Murilo Muller
    Controllership Director & Chief Accountant
  • Rafael Jabur Bittar (Age 44)
    Executive Vice President of Technical
  • Ivan Fadel
    Head of Investor Relations
  • Mr. Denis Cuenca
    Chief Compliance Officer
  • Ms. Marina Barrenne De Artagao Quental (Age 60)
    Executive Vice President of People
  • Mr. Alexandre Gomes Pereira (Age 55)
    Executive Vice President of Projects
  • Mr. Alexandre Silva D'Ambrosio (Age 62)
    Executive Vice-President of Corporate & External Affairs

Should I Buy Vale Stock? VALE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Vale S.A.:

  • Vale S.A. is a major producer and seller of iron ore and iron ore pellets, essential raw materials in steelmaking, providing a stable revenue stream.
  • The company operates in Brazil and internationally, diversifying its market exposure and potentially reducing risks associated with a single market.
  • Vale S.A. has a strong presence in the energy transition materials segment, producing nickel for electric vehicles and other high-demand products, aligning with the growing trend towards sustainable energy sources.
  • Recent developments, such as the lawsuit for the Mariana Dam failure, have led to share price fluctuations, potentially offering opportunities for investors to buy at a discounted price.
  • The company's diversified product portfolio, including manganese, copper, and other ferrous products, provides additional revenue streams and exposure to different commodity markets.

Cons

Investors should be bearish about investing in Vale S.A. for these reasons:

  • Vale S.A. is currently facing a £3 billion lawsuit for its involvement in the Mariana Dam collapse, which could lead to financial liabilities and reputational damage.
  • The mining industry, where Vale S.A. operates, is subject to commodity price volatility, which can impact the company's profitability and stock performance.
  • Environmental concerns and regulatory challenges in the mining sector may pose risks to Vale S.A.'s operations and future growth prospects.
  • Global economic conditions and trade policies can influence demand for Vale S.A.'s products, affecting its revenue and profitability.
  • Investors should closely monitor geopolitical developments and macroeconomic indicators that could impact Vale S.A.'s business operations and financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Vale pros and cons to contact@marketbeat.com.

VALE Stock Analysis - Frequently Asked Questions

Should I buy or sell Vale stock right now?

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, 4 hold ratings and 6 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.

What is Vale's stock price target for 2024?

11 Wall Street research analysts have issued 12-month price targets for Vale's shares. Their VALE share price targets range from $13.00 to $20.00. On average, they expect the company's share price to reach $16.67 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price.
View analysts price targets for VALE
or view top-rated stocks among Wall Street analysts.

How have VALE shares performed in 2024?

Vale's stock was trading at $15.86 at the beginning of the year. Since then, VALE stock has decreased by 25.5% and is now trading at $11.82.
View the best growth stocks for 2024 here
.

When is Vale's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our VALE earnings forecast
.

How were Vale's earnings last quarter?

Vale S.A. (NYSE:VALE) issued its earnings results on Thursday, February, 22nd. The basic materials company reported $0.56 EPS for the quarter, missing the consensus estimate of $1.04 by $0.48. The basic materials company had revenue of $13.05 billion for the quarter, compared to the consensus estimate of $12.95 billion. Vale had a net margin of 19.10% and a trailing twelve-month return on equity of 20.00%. During the same quarter in the prior year, the business earned $0.82 EPS.

How often does Vale pay dividends? What is the dividend yield for Vale?

Vale announced a semi-annual dividend on Friday, February 23rd. Investors of record on Wednesday, March 13th will be paid a dividend of $0.3182 per share on Tuesday, March 26th. This represents a dividend yield of 9.7%. The ex-dividend date of this dividend is Tuesday, March 12th.
Read our dividend analysis for VALE
.

Is Vale a good dividend stock?

Vale (NYSE:VALE) pays an annual dividend of $1.18 per share and currently has a dividend yield of 10.13%. 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 64.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VALE will have a dividend payout ratio of 52.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VALE.

What other stocks do shareholders of Vale own?

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).

Who are Vale's major shareholders?

Vale's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.00%), Traynor Capital Management Inc. (0.00%), IMC Chicago LLC (0.00%), Park Avenue Securities LLC (0.00%), Perpetual Ltd (0.00%) and Matthews International Capital Management LLC (0.00%).

How do I buy shares of Vale?

Shares of VALE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VALE) was last updated on 4/18/2024 by MarketBeat.com Staff

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