Rio Tinto FY2026 EPS Estimate Reduced by Erste Group Bank

Rio Tinto PLC (NYSE:RIO) – Investment analysts at Erste Group Bank cut their FY2026 earnings per share (EPS) estimates for shares of Rio Tinto in a research note issued on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now forecasts that the mining company will earn $8.45 per share for the year, down from their prior forecast of $8.61. The consensus estimate for Rio Tinto’s current full-year earnings is $8.48 per share. Erste Group Bank also issued estimates for Rio Tinto’s FY2027 earnings at $8.37 EPS.

Several other equities analysts have also weighed in on RIO. Argus set a $120.00 price target on shares of Rio Tinto in a research report on Monday, April 27th. Sanford C. Bernstein lifted their price objective on shares of Rio Tinto from $82.00 to $83.50 and gave the stock an “outperform” rating in a research report on Monday, April 27th. Zacks Research cut shares of Rio Tinto from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Morgan Stanley downgraded shares of Rio Tinto from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 8th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Rio Tinto in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Rio Tinto currently has an average rating of “Hold” and an average target price of $101.75.

Rio Tinto Stock Up 0.0%

NYSE RIO opened at $90.17 on Monday. Rio Tinto has a one year low of $58.40 and a one year high of $112.58. The company has a current ratio of 1.44, a quick ratio of 0.98 and a debt-to-equity ratio of 0.33. The business’s fifty day moving average is $100.20 and its 200-day moving average is $95.51.

Institutional Investors Weigh In On Rio Tinto

Several large investors have recently added to or reduced their stakes in the company. AdvisorNet Financial Inc boosted its position in Rio Tinto by 160.2% during the first quarter. AdvisorNet Financial Inc now owns 294 shares of the mining company’s stock worth $27,000 after purchasing an additional 181 shares during the period. PFS Partners LLC bought a new stake in shares of Rio Tinto in the fourth quarter valued at approximately $28,000. Nvest Wealth Strategies Inc. bought a new stake in shares of Rio Tinto in the fourth quarter valued at approximately $28,000. V Square Quantitative Management LLC purchased a new stake in shares of Rio Tinto during the 1st quarter valued at approximately $35,000. Finally, Costello Asset Management INC purchased a new stake in shares of Rio Tinto during the 1st quarter valued at approximately $37,000. Hedge funds and other institutional investors own 19.33% of the company’s stock.

Rio Tinto News Summary

Here are the key news stories impacting Rio Tinto this week:

• Positive Sentiment: Rio Tinto reported record iron ore shipments, with Pilbara operations delivering an 18% sequential increase in Q2 shipments and first-half output reaching its highest level since 2018. That kind of production strength is usually supportive for earnings and sentiment. Rio Tinto (LSE:RIO) Delivers Record Iron Ore Shipments And Cuts 2026 Copper Costs
• Positive Sentiment: The company also lowered 2026 copper cost guidance after productivity improvements, which may boost margins if those efficiencies hold. Rio said strong performance at Oyu Tolgoi helped offset a temporary Kennecott shutdown. Rio Tinto (LSE:RIO) Delivers Record Iron Ore Shipments And Cuts 2026 Copper Costs
• Neutral Sentiment: Rio Tinto is being mentioned as a potential buyer of a stake in First Quantum’s Argentina Taca Taca project, but this is only a preliminary M&A possibility and not yet a confirmed transaction. First Quantum considers sale of stake in Argentina’s Taca Taca project
• Neutral Sentiment: Analyst commentary remains mixed, with some coverage calling Rio Tinto’s second quarter solid but suggesting limited upside from here, which may temper enthusiasm despite the operational beat. Rio Tinto: Solid Q2, But Limited Upside Supports A Neutral View
• Negative Sentiment: Bradda Head Lithium raised capital to fund drilling tied to its Rio Tinto joint venture, which is a reminder that Rio-linked project activity continues but does not directly add near-term value to Rio Tinto shares. Bradda Head raises £2.12 million to fund Rio Tinto joint venture drilling

Rio Tinto Company Profile

Rio Tinto is a global mining and metals company that explores for, mines, processes and markets a wide range of commodities. Its principal products include iron ore, aluminum, copper, diamonds and various other minerals and industrial materials. The company’s activities span the full value chain from exploration and project development to mining, processing, smelting and refining, supplying raw materials to industries such as steelmaking, automotive, packaging, electronics and construction.

The origins of Rio Tinto date back to mining operations in the Rio Tinto region of Spain in the 19th century, and the group has since grown into a multinational enterprise.