Tronox (NYSE:TROX) Sets New 1-Year Low Following Weak Earnings

Posted by Brian Himes on Nov 5th, 2026

Shares of Tronox Holdings PLC (NYSE:TROX – Get Free Report) reached a new 52-week low during mid-day trading on Thursday after the company announced weaker than expected quarterly earnings. The stock traded as low as $2.57 and last traded at $2.6350, with a volume of 6,238,343 shares. The stock had previously closed at $3.55.

The company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.13). Tronox had a negative net margin of 17.96% and a negative return on equity of 24.34%. The business had revenue of $827.00 million during the quarter, compared to analyst estimates of $854.43 million. During the same quarter in the prior year, the business earned ($0.46) earnings per share. The firm’s quarterly revenue was up 18.3% on a year-over-year basis.

Tronox Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Monday, November 16th. Tronox’s payout ratio is -6.31%.

Tronox News Summary

Here are the key news stories impacting Tronox this week:

Positive Sentiment: Revenue rose 18% year over year to $827 million, and the per-share loss narrowed to $0.34 from $0.46 a year earlier. Tronox Reports Third Quarter 2026 Financial Results
Positive Sentiment: Tronox declared a quarterly dividend of $0.05 per share, payable January 15, 2027, to shareholders of record November 16. Dividend announcement
Neutral Sentiment: The company said it expects to sustain third-quarter TiO₂ pricing gains in Q4 and forecast a mid-single-digit sequential increase in zircon prices, partially offsetting expected volume declines. Tronox Reports Third Quarter 2026 Financial Results
Negative Sentiment: Third-quarter loss was $0.34 per share, worse than the $0.21 loss analysts expected, while revenue of $827 million also fell short of the $854 million consensus. Revenue was down 5% from the previous quarter. Tronox Q3 earnings report
Negative Sentiment: For Q4, Tronox expects TiO₂ volumes to decline sequentially by a high-single- to low-double-digit percentage and zircon volumes to soften. Adjusted EBITDA is forecast at $80 million to $90 million, below Q3’s $101 million. The company also revised its full-year free-cash-flow outlook to a $25 million–$50 million use, citing Middle East conflict-related raw-material costs and weaker sales volumes. Tronox Reports Third Quarter 2026 Financial Results

Analyst Ratings Changes

A number of brokerages have weighed in on TROX. Mizuho reduced their price target on Tronox from $5.50 to $4.50 and set an “underperform” rating on the stock in a research note on Wednesday, September 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tronox in a research note on Friday, August 7th. Truist Financial reduced their target price on Tronox from $7.00 to $4.00 and set a “hold” rating on the stock in a research report on Tuesday, October 20th. UBS Group reduced their target price on Tronox from $7.00 to $4.50 and set a “neutral” rating on the stock in a research report on Monday, October 5th. Finally, JPMorgan Chase & Co. lowered Tronox from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $7.00 to $5.00 in a research note on Thursday, August 13th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $5.33.

Get Our Latest Stock Analysis on TROX

Institutional Trading of Tronox

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada increased its holdings in shares of Tronox by 21,419.9% in the 1st quarter. Royal Bank of Canada now owns 1,065,665 shares of the company’s stock valued at $10,412,000 after purchasing an additional 1,060,713 shares during the period. Squarepoint Ops LLC acquired a new position in shares of Tronox in the second quarter worth $4,355,000. Shah Capital Management increased its position in Tronox by 13.4% in the 3rd quarter. Shah Capital Management now owns 2,915,807 shares of the company’s stock worth $11,517,000 after purchasing an additional 344,993 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Tronox in the first quarter worth approximately $2,102,000. Finally, Jennison Associates LLC acquired a new position in shares of Tronox during the 1st quarter worth $850,000. Institutional investors and hedge funds own 73.36% of the company’s stock.

Tronox Price Performance

The stock’s fifty day moving average is $4.08 and its 200-day moving average is $6.58. The stock has a market capitalization of $420.81 million, a P/E ratio of -0.76 and a beta of 0.98. The company has a debt-to-equity ratio of 2.62, a current ratio of 2.55 and a quick ratio of 0.81.

About Tronox

(Get Free Report)

Tronox Holdings plc (NYSE:TROX) is a global producer of titanium dioxide pigment and other titanium products. Its titanium dioxide is used to provide whiteness, brightness and opacity in paints and coatings, plastics, paper, inks and related applications. The company also produces zircon and other mineral sands products used in ceramics, refractories, foundries and industrial applications.

Tronox operates an integrated business that includes the mining of mineral sands, production of titanium-bearing feedstocks, and manufacture of titanium dioxide pigment and specialty products.