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Nexa Resources S.A.

NYSE:NEXA Stock Report

Market Cap: US$1.7b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Nexa Resources Dividends and Buybacks

Dividend criteria checks 1/6

Nexa Resources is a dividend paying company with a current yield of 1.02%.

Key information

1.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.3%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

Recent updates

User avatar
Narrative Update • Sep 04

NEXA: Zinc Recovery And Boliden Deal Will Shape Balanced Outlook

The updated analyst price target for Nexa Resources has increased from $13.88 to $14.90, with analysts citing revised commodity price assumptions and recent target increases across several firms as key drivers of the change. Analyst Commentary Recent Street research on Nexa Resources shows a mix of optimism and caution, with higher price targets supported by commodity price assumptions and varied views on how those assumptions could translate into future execution and valuation risk.
Seeking Alpha • Aug 28

Nexa Resources: Boliden Puts A Price Tag On The Zinc Thesis

Summary Nexa Resources (NEXA) delivered strong Q2 2026 results, with EBITDA up 78% and net income up 636% year-over-year. Boliden has agreed to acquire NEXA at an implied $15.29/share, valuing it at ~3.5x EV/LTM EBITDA, with the deal expected to close in Q1 2027. We downgrade NEXA from Buy to Hold as fundamental upside now accrues to Boliden shareholders; remaining value is in the deal spread. Holding NEXA is now a play on the deal spread (~6.9%) and Boliden share price risk until transaction completion. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 21

NEXA: Higher Zinc Assumptions Will Test Fair Value And Execution Risks

Analysts have lifted the fair value estimate for Nexa Resources to $13.50 from $12.71, citing higher Street price targets driven by stronger zinc price assumptions and updated models following recent quarterly results. Analyst Commentary Recent Street research on Nexa Resources shows a mixed tone.
User avatar
Narrative Update • Aug 07

NEXA: Higher Zinc Prices May Not Justify Rich Future Earnings Multiple

Analysts have raised their average price target for Nexa Resources to around $12.71 from $5.00, citing stronger zinc pricing, updated commodity forecasts and indications of mining recovery as key factors supporting the revised outlook. Analyst Commentary on Nexa Resources Recent research on Nexa Resources points to a more constructive view on the stock, but with a clear split in sentiment.
User avatar
Narrative Update • Jul 24

NEXA: Zinc Recovery And Smelter Restart Will Frame Balanced Outlook

Nexa Resources' updated fair value estimate has shifted from $12.31 to $13.88 as analysts adjust price targets higher into a $14 to $16 range on revised commodity assumptions, including stronger zinc pricing and a mining recovery reflected in recent research updates. Analyst Commentary Recent research on Nexa Resources highlights a mix of optimism around zinc exposure and mining recovery, alongside caution about sector headwinds and relative positioning.
User avatar
Narrative Update • Jul 10

NEXA: Mining Recovery And Silver Streaming Shift Will Drive Future Upside

The analyst price target for Nexa Resources has moved from $9.89 to $16.00, as analysts point to updated models that incorporate mining recovery and revised commodity forecasts across precious and base metals. Analyst Commentary Recent research on Nexa Resources highlights a mix of caution and improving confidence, with several bullish analysts revising their models and adjusting price targets after incorporating updated commodity assumptions and the company’s mining recovery.
User avatar
Narrative Update • Jun 26

NEXA: Mining Recovery And Smelter Restart Will Shape Execution Risks

The analyst fair value estimate for Nexa Resources has moved from $7.03 to about $12.31, with analysts linking the higher price target to updated models that factor in the company’s reported mining recovery and recent rating and target changes from the Street. Analyst Commentary Recent Street research on Nexa Resources centers on updated models following the latest Q1 report, with several firms revising fair value estimates to reflect the company’s reported mining recovery and new rating actions.
User avatar
New Narrative • Apr 17

Nexa; an integrated base-metals platform with real cash-flow torque?

Rating: Speculative Buy / Deep-Value Metals PlayStyle: Cyclical mining and smelting with zinc leverage and balance-sheet repair Core debate: Is Nexa just a cheap Latin American zinc name trapped in a volatile commodity cycle, or is it an underappreciated integrated base-metals platform with real cash-flow torque, diversified by-products, and upside if zinc fundamentals tighten further? Executive view Nexa is one of the cheaper ways to gain exposure to zinc and related base metals, but the investment case is stronger than a simple commodity beta trade.
Analysis Article • Dec 04

Nexa Resources S.A.'s (NYSE:NEXA) Shares Bounce 28% But Its Business Still Trails The Industry

Nexa Resources S.A. ( NYSE:NEXA ) shares have continued their recent momentum with a 28% gain in the last month alone...
Analysis Article • May 27

Nexa Resources (NYSE:NEXA) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article • Mar 19

Here's Why Nexa Resources (NYSE:NEXA) Is Weighed Down By Its Debt Load

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Feb 26

Nexa Resources S.A.'s (NYSE:NEXA) Prospects Need A Boost To Lift Shares

Nexa Resources S.A.'s ( NYSE:NEXA ) price-to-sales (or "P/S") ratio of 0.3x might make it look like a buy right now...
Analysis Article • Feb 05

Nexa Resources' (NYSE:NEXA) Returns On Capital Are Heading Higher

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article • Dec 10

Is Nexa Resources (NYSE:NEXA) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Oct 02

Nexa Resources S.A. (NYSE:NEXA) Held Back By Insufficient Growth Even After Shares Climb 26%

Nexa Resources S.A. ( NYSE:NEXA ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...
Analysis Article • Aug 31

These Return Metrics Don't Make Nexa Resources (NYSE:NEXA) Look Too Strong

What financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...
Analysis Article • Jul 19

Is Nexa Resources (NYSE:NEXA) Using Debt Sensibly?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jan 20

Why Investors Shouldn't Be Surprised By Nexa Resources S.A.'s (NYSE:NEXA) Low P/S

With a price-to-sales (or "P/S") ratio of 0.3x Nexa Resources S.A. ( NYSE:NEXA ) may be sending bullish signals at the...
Analysis Article • Dec 15

Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Seeking Alpha • Aug 21

Nexa Resources: Things To Consider Before Jumping On The Bandwagon

Summary Depressed zinc prices have hurt NEXA's revenues during Q2 2023, and may continue to impact revenue growth in the near term. Cost optimization is the key to improve bottom-line profitability, and Aripuana's ramp-up to full scale can significantly help in this area. Forecasts for 2023 and 2024 reveal declining YoY revenues and EPS, implying limited room for near-term share price growth. NEXA has regularly paid dividends during the last 5 years, however, I believe the dividends may take a cut going forward. It may appear that NEXA is trading cheaply based on certain valuation metrics, however, I see this as an indicator of a low-growth stock at least in the near term. Read the full article on Seeking Alpha
Analysis Article • May 27

Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha • Feb 15

Nexa Resources reports Q4 2022 results

Nexa Resources press release (NYSE:NEXA): Q4 Non-GAAP EPS of -$0.04. Revenue of $780M (+15.0% Y/Y). Zinc production of 75kt in Q4 decreased by 8% compared to Q4 2021. Metal sales were 167kt in Q4, up by 6% and 3% from Q4 2021 and Q3 2022, respectively. Sees zinc production of 307-351kt in 2023, 318-379kt in 2024 and 327-383kt in 2025. 2023 capex guidance of $310M.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NEXA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NEXA has only been paying a dividend for 8 years, and since then payments have fallen.


Dividend Yield vs Market

Nexa Resources Dividend Yield vs Market
How does NEXA dividend yield compare to the market?
SegmentDividend Yield
Company (NEXA)1.0%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Metals and Mining)1.4%
Analyst forecast (NEXA) (up to 3 years)2.3%

Notable Dividend: NEXA's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: NEXA's dividend (1.02%) is low compared to the top 25% of dividend payers in the US market (4.17%).


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate NEXA's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (14.1%), NEXA's dividend payments are thoroughly covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/18 21:45
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nexa Resources S.A. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander Robert PearceBMO Capital Markets Equity Research
Matthew MurphyBMO Capital Markets Equity Research
Lawson WinderBofA Global Research

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