RHI Magnesita Share Forecast, Price & News (LON:RHIM)

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.92 out of 5 stars

RHI Magnesita has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

According to analysts' consensus price target of GBX 2,835, RHI Magnesita has a forecasted downside of 5.2% from its current price of GBX 2,990.

RHI Magnesita has received no research coverage in the past 90 days.

RHI Magnesita is a leading dividend payer. It pays a dividend yield of 4.76%, putting its dividend yield in the top 25% of dividend-paying stocks.

RHI Magnesita does not have a long track record of dividend growth.

The dividend payout ratio of RHI Magnesita is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

In the past three months, RHI Magnesita insiders have not sold or bought any company stock.

42.20% of the stock of RHI Magnesita is held by insiders. A high percentage of insider ownership can be a sign of company health.

Only 35.03% of the stock of RHI Magnesita is held by institutions.

The P/E ratio of RHI Magnesita is 1,060.28, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.72.

The P/E ratio of RHI Magnesita is 1,060.28, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 417.91.

RHI Magnesita has a PEG Ratio of 2.03. PEG Ratios above 1 indicate that a company could be overvalued.

RHI Magnesita has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

RHI Magnesita N.V., together with its subsidiaries, develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide. It offers magnesia spinel, dolomite, dolomite-magnesia, magnesia-chrome, alumina, alumina silicate, and mortars for the cement industry; shaped products based on silicon carbide, magnesia, zirconium, fireclay, and alumina; unshaped refractories; high-temperature insulation, and ceramic and metallic anchoring systems; induction and electric arc furnaces, AOD converters, dome and delta, ladles, isostatically pressed and tundish products, and slide gates. The company also offers magnesia and zircon-magnesia, high alumina / mullite / andalusite / fireclay, chrome-alumina, zircon, silica, calcium aluminate, and insulation materials; packaging solutions, consulting, engineering, materials delivery, assembly, project management, and monitoring services; and precast-shapes, alumina-silica, alumina and insulating monolithic parts and products, magnesia and magnesia-chromite bricks with special impregnation technology, magnesia and alumina-chromia bricks, concrete with anti-wetting system, ceramic and metal anchors, sense and insulating concretes, ramming mixes, and cement castables. In addition, it provides repair and maintenance mixes, designed and vibrated concretes of high silicon carbide content, and other specialty products; raw, caustic, and sintered magnesia, dolomite and sintered dolomite, slag conditioners, magnesium oxide, spinels, agalmatolite, chromite, grogs, commodities, and manganese products; and reduction up and reheating furnaces. Further, the company offers repairs, assemblies and stops, refractory maintenance and application, solutions and technology, engineering, projects, lining, solutions development and monitoring, electromechanical maintenance, and metal working factory services. RHI Magnesita N.V. was founded in 1834 and is headquartered in Vienna, Austria.

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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RHI Magnesita in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RHIM shares. View RHIM analyst ratings or view top-rated stocks.

3 analysts have issued 12 month target prices for RHI Magnesita's stock. Their RHIM share price forecasts range from GBX 2,600 to GBX 2,955. On average, they expect the company's share price to reach GBX 2,835 in the next year. This suggests that the stock has a possible downside of 5.2%. View analysts price targets for RHIM or view top-rated stocks among Wall Street analysts.

RHI Magnesita's stock was trading at GBX 2,224 at the start of the year. Since then, RHIM shares have increased by 34.4% and is now trading at GBX 2,990. View the best growth stocks for 2023 here.

RHI Magnesita declared a dividend on Wednesday, July 26th. Shareholders of record on Thursday, August 24th will be paid a dividend of GBX 0.55 per share on Friday, September 22nd. This represents a dividend yield of 1.64%. The ex-dividend date of this dividend is Thursday, August 24th. The official announcement can be seen at this link. Read our dividend analysis for RHIM.

RHI Magnesita (LON:RHIM) pays an annual dividend of GBX 141 per share and currently has a dividend yield of 4.76%. RHIM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for RHIM.

Based on aggregate information from My MarketBeat watchlists, some companies that other RHI Magnesita investors own include Eldorado Gold (EGO), Robert Half International (RHI), Barclays (BARC), Babcock International Group (BAB), Aviva (AV), Base Resources (BSE), Badger Meter (BMI), Central Asia Metals (CAML), Eldorado Gold (ELD) and 1-800-FLOWERS.COM (FLWS).

RHI Magnesita trades on the London Stock Exchange (LON) under the ticker symbol "RHIM."

Shares of RHIM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.Compare Top Brokerages Here.

One share of RHIM stock can currently be purchased for approximately GBX 2,990.

RHI Magnesita (LON:RHIM) has a market capitalization of £1.41 billion and generates £3.46 billion in revenue each year. The company earns £139.30 million in net income (profit) each year or GBX 2.82 on an earnings per share basis.

The company employs 13,500 workers across the globe.

RHI Magnesita's mailing address is Kranichberggasse 6, Vienna 1120, Austria. The official website for the company is www.rhimagnesita.com. The company can be reached via phone at 43 50 213 0.

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