Vale (VALE) Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vale in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.

12 equities research analysts have issued 1-year price targets for Vale's shares. Their VALE share price forecasts range from $15.00 to $24.00. On average, they expect the company's stock price to reach $17.50 in the next year. This suggests a possible upside of 26.3% 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 on January 1st, 2023. Since then, VALE stock has decreased by 18.3% and is now trading at $13.86.
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Vale saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 46,760,000 shares, an increase of 13.4% from the April 15th total of 41,240,000 shares. Based on an average daily volume of 23,580,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.1% of the shares of the stock are sold short.
View Vale's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our VALE earnings forecast.

Vale S.A. (NYSE:VALE) announced its quarterly earnings results on Wednesday, April, 26th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by $0.16. The basic materials company had revenue of $8.43 billion for the quarter, compared to the consensus estimate of $10.09 billion. Vale had a trailing twelve-month return on equity of 38.16% and a net margin of 38.99%.

Vale declared a semi-annual dividend on Thursday, February 16th. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.3542 per share on Wednesday, March 29th. This represents a yield of 6.1%. The ex-dividend date is Tuesday, March 14th. This is a positive change from the stock's previous semi-annual dividend of $0.05.
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), First Trust Indxx Global Natural Resources Income ETF (FTRI), ProShares S&P Global Core Battery Metals ETF (ION), iShares Global Materials ETF (MXI), SPDR S&P Global Natural Resources ETF (GNR), SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) and Matthews Emerging Markets ex China Active ETF (MEMX).

Vale (NYSE:VALE) pays an annual dividend of $0.69 per share and currently has a dividend yield of 4.93%. 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 19.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VALE will have a dividend payout ratio of 29.11% 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.61%), Arrowstreet Capital Limited Partnership (0.70%), Bank of America Corp DE (0.51%), GQG Partners LLC (0.50%), FMR LLC (0.43%) and Fisher Asset Management LLC (0.40%).

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 $13.86.

Vale (NYSE:VALE) has a market capitalization of $62.14 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 $3.53 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.