USAR Stock — USA Rare Earth, Inc.

USA Rare Earth, Inc. (USAR)

Updated October 16, 2026.

USAR is a Stock. Total return is 4.7% over the past 3.2 years, 71.5 points behind SPY at 76.2%.

USA Rare Earth mines, processes, and supplies rare earth and critical minerals such as neodymium, dysprosium, and terbium from its Round Top Mountain deposit in Texas, with products serving aerospace, defense, semiconductors, data centers, and industrial sectors. The company does not currently have an established distribution program. USA Rare Earth may appeal to investors seeking exposure to the critical minerals and rare earth sector, though as an early-stage mining company it carries development and operational risk typical of the industry.

USAR performance versus SPY

Price and return data through 2026-10-16.

Total return is 4.7% over the past 3.2 years, 71.5 points behind SPY at 76.2%. Over the past year its total return — price change plus distributions reinvested — is -63.1%. Its deepest 1-year drawdown was 67.3%.

USAR key facts

Asset type

Stock

Asset class

Equity

Inception date

07/17/2023

Distribution frequency

None

Last close

$10.54 (as of 2026-10-16)

Market cap

$3,953,307,016

Average volume

10964600.0

Beta

2.684

Payout ratio

0.0%

Forward P/E

33.3333

EPS

$-2.49

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

USAR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 67.3%.

Who may consider USAR — and who may not

It is a weaker fit for investors who need monthly cash flow (USAR does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on USAR

• All tickers starting with U

Tagged: Rare Earth.

Frequently asked questions