Scotiabank Weighs in on Vale’s FY2025 Earnings (NYSE:VALE)

Vale S.A. (NYSE:VALE) – Analysts at Scotiabank dropped their FY2025 earnings per share (EPS) estimates for Vale in a research note issued to investors on Wednesday, February 11th. Scotiabank analyst A. Salazar now expects that the basic materials company will earn $2.39 per share for the year, down from their prior forecast of $2.40. Scotiabank has a “Sector Perform” rating and a $16.50 price objective on the stock. The consensus estimate for Vale’s current full-year earnings is $1.85 per share. Scotiabank also issued estimates for Vale’s FY2026 earnings at $2.57 EPS.

Vale (NYSE:VALE) last released its earnings results on Wednesday, February 18th. The basic materials company reported ($0.98) EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($1.50). Vale had a return on equity of 18.60% and a net margin of 14.69%.

Several other brokerages also recently weighed in on VALE. Zacks Research downgraded shares of Vale from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Barclays increased their price objective on Vale from $14.50 to $15.50 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. JPMorgan Chase & Co. upped their price target on shares of Vale from $13.50 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Vale in a research note on Monday, December 29th. Finally, Wells Fargo & Company boosted their price objective on shares of Vale from $13.00 to $15.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Vale currently has a consensus rating of “Moderate Buy” and an average price target of $13.85.

Vale Price Performance

Shares of VALE stock opened at $16.64 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.82 and a current ratio of 1.24. The firm’s 50 day moving average price is $14.56 and its 200-day moving average price is $12.32. Vale has a one year low of $8.06 and a one year high of $17.72.

Institutional Trading of Vale

A number of hedge funds and other institutional investors have recently modified their holdings of VALE. Kestra Advisory Services LLC raised its stake in Vale by 7.5% during the 4th quarter. Kestra Advisory Services LLC now owns 165,067 shares of the basic materials company’s stock valued at $2,151,000 after purchasing an additional 11,488 shares during the last quarter. Johnson Investment Counsel Inc. increased its holdings in shares of Vale by 5.9% in the fourth quarter. Johnson Investment Counsel Inc. now owns 42,742 shares of the basic materials company’s stock valued at $557,000 after purchasing an additional 2,400 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in Vale during the 4th quarter worth about $735,000. PCM Encore LLC bought a new position in shares of Vale in the 4th quarter worth $251,000. Finally, Neuberger Berman Group LLC raised its stake in Vale by 32.6% during the 4th quarter. Neuberger Berman Group LLC now owns 148,004 shares of the basic materials company’s stock worth $1,928,000 after buying an additional 36,426 shares during the period. Institutional investors own 21.85% of the company’s stock.

Vale Dividend Announcement

The firm also recently declared a special dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 12th were issued a $0.2331 dividend. The ex-dividend date of this dividend was Friday, December 12th. Vale’s payout ratio is 67.69%.

Key Vale News

Here are the key news stories impacting Vale this week:

• Positive Sentiment: Management emphasized resilient cash generation in its 2025 results, which helps support liquidity and dividend/provision flexibility despite earnings pressure. Read More.
• Positive Sentiment: Vale published a February 2026 governance report detailing intensified 2025 audit and risk‑oversight activities — a move that can reassure investors about governance and controls after recent legacy issues. Read More.
• Neutral Sentiment: The company’s fiscal council has reviewed and backed the 2025 financial statements and proposed profit allocation ahead of the AGM — a routine governance step but important for near‑term shareholder decisions. Read More.
• Neutral Sentiment: Market coverage is mixed: Zacks has published pieces highlighting VALE’s long‑term momentum and investor attention, while summary pieces note the recent dip versus the broader market — useful context but not new company-specific catalysts. Read More. • Read More.
• Negative Sentiment: Big quarterly miss: Vale reported EPS of ($0.98) vs. consensus $0.52, a materially negative surprise that likely drove immediate selling pressure. Read More.
• Negative Sentiment: Full‑year 2025 profit fell sharply due to asset impairments and legacy dam‑related costs — a structural headwind to near‑term profitability and valuation. Read More.
• Negative Sentiment: Scotiabank trimmed FY2025/FY2026 EPS estimates slightly and retains a “Sector Perform” rating with a $16.50 target, signaling limited near‑term upside from this important sell‑side voice. Read More.

About Vale

Vale SA is a Brazilian multinational mining company and one of the world’s largest producers of iron ore and iron ore pellets. In addition to iron ore, the company produces and sells a range of bulk commodities and metals, including nickel, copper, coal, manganese, ferroalloys and cobalt, and it participates in the fertilizer inputs market. Vale also operates extensive logistics assets — including rail, port and maritime logistics — that support its mining and export activities and provide services to third parties in some regions.

Headquartered in Brazil, Vale maintains a global operational footprint with mining, processing and shipping activities across the Americas, Africa, Asia and Oceania.