NN Company Profile (NASDAQ:NNBR)


NN logoNN, Inc. is a diversified industrial company and a manufacturer of high precision bearing components, industrial plastic products and precision metal components to a range of markets on a global basis. The Company operates through three segments: the Precision Bearing Components Group, the Precision Engineered Products Group and the Autocam Precision Components Group. Within its Precision Bearing Components Group, it manufactures and supplies high precision bearing components, consisting of balls, cylindrical rollers, tapered rollers, spherical rollers and metal retainers, for bearing and constant velocity (CV)-joint. Within its Precision Engineered Products Group, it designs and manufactures a range of high-precision metal and plastic components, assemblies and finished devices. Within its Autocam Precision Components Group, the Company manufactures highly engineered, difficult-to-manufacture precision metal components and subassemblies.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Ball & Roller Bearings
  • Sub-Industry: Industrial Machinery
  • Symbol: NASDAQ:NNBR
  • CUSIP: 62933710
  • Web: www.nninc.com
  • Market Cap: $700.89 million
  • Outstanding Shares: 27,465,000
Average Prices:
  • 50 Day Moving Avg: $27.65
  • 200 Day Moving Avg: $25.76
  • 52 Week Range: $13.43 - $31.65
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.14
  • P/E Growth: 0.80
Sales & Book Value:
  • Annual Revenue: $859.18 million
  • Price / Sales: 0.81
  • Book Value: $11.32 per share
  • Price / Book: 2.25
  • Annual Dividend: $0.28
  • Dividend Yield: 1.1%
  • EBIDTA: $138.71 million
  • Net Margins: -0.77%
  • Return on Equity: 14.58%
  • Return on Assets: 3.37%
  • Debt-to-Equity Ratio: 2.67%
  • Current Ratio: 2.23%
  • Quick Ratio: 1.29%
  • Average Volume: 196,839 shs.
  • Beta: 0.63
  • Short Ratio: 6.44

Frequently Asked Questions for NN (NASDAQ:NNBR)

What is NN's stock symbol?

NN trades on the NASDAQ under the ticker symbol "NNBR."

How often does NN pay dividends? What is the dividend yield for NN?

NN declared a quarterly dividend on Monday, August 14th. Shareholders of record on Friday, September 1st will be given a dividend of $0.07 per share on Friday, September 15th. This represents a $0.28 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Wednesday, August 30th. View NN's Dividend History.

How were NN's earnings last quarter?

NN, Inc. (NASDAQ:NNBR) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.03. The firm earned $225.88 million during the quarter, compared to analysts' expectations of $221 million. NN had a positive return on equity of 14.58% and a negative net margin of 0.77%. The company's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 earnings per share. View NN's Earnings History.

What guidance has NN issued on next quarter's earnings?

NN issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $1.57-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.61. The company issued revenue guidance of $745-755 million, compared to the consensus revenue estimate of $748.75 million.NN also updated its Q3 guidance to $0.26-0.31 EPS.

Where is NN's stock going? Where will NN's stock price be in 2017?

4 brokerages have issued twelve-month price targets for NN's stock. Their forecasts range from $29.00 to $37.00. On average, they anticipate NN's share price to reach $32.00 in the next year. View Analyst Ratings for NN.

Who are some of NN's key competitors?

Who are NN's key executives?

NN's management team includes the folowing people:

  • Richard D. Holder, President, Chief Executive Officer, Director
  • Thomas C Burwell Jr, Principal Financial Officer, Chief Accounting Officer, Vice President, Corporate Controller
  • Matthew S Heiter, Senior Vice President, General Counsel
  • Warren A. Veltman, Senior Vice President – General Manager Autocam Precision Components Group
  • James R. Widders, Senior Vice President of Integration and Corporate Transformation
  • Jeff Manzagol, Vice President and General Manager - Metal Bearing Components Group
  • William Dries, Director
  • David K. Floyd, Director
  • David L. Pugh, Director
  • Robert E. Brunner, Independent Director

Who owns NN stock?

NN's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.45%), Royal Bank of Canada (8.05%), Jennison Associates LLC (7.44%), RE Advisers Corp (4.91%), Vanguard Group Inc. (4.16%) and Royce & Associates LP (3.64%). Company insiders that own NN stock include David Floyd, David L Pugh, G Ronald Morris, L Jeffrey Manzagol, Matthew S Heiter and Steven T Warshaw. View Institutional Ownership Trends for NN.

Who sold NN stock? Who is selling NN stock?

NN's stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, FMR LLC, Brandywine Global Investment Management LLC, Private Management Group Inc., Elk Creek Partners LLC, Royce & Associates LP, First Manhattan Co. and Victory Capital Management Inc.. View Insider Buying and Selling for NN.

Who bought NN stock? Who is buying NN stock?

NN's stock was purchased by a variety of institutional investors in the last quarter, including Daruma Capital Management LLC, Ameriprise Financial Inc., JPMorgan Chase & Co., Algert Global LLC, Royal Bank of Canada, Skylands Capital LLC, Vanguard Group Inc. and GSA Capital Partners LLP. Company insiders that have bought NN stock in the last two years include David Floyd, David L Pugh, G Ronald Morris, L Jeffrey Manzagol and Matthew S Heiter. View Insider Buying and Selling for NN.

How do I buy NN stock?

Shares of NN can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is NN's stock price today?

One share of NN stock can currently be purchased for approximately $25.45.

MarketBeat Community Rating for NN (NASDAQ NNBR)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  136 (Vote Underperform)
Total Votes:  235
MarketBeat's community ratings are surveys of what our community members think about NN and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for NN (NASDAQ:NNBR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $32.00 (25.74% upside)

Analysts' Ratings History for NN (NASDAQ:NNBR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/17/2017William BlairReiterated RatingMarket PerformLowView Rating Details
8/4/2017Stifel NicolausReiterated RatingHold$29.00LowView Rating Details
6/15/2017SunTrust Banks, Inc.Initiated CoverageBuy -> Buy$37.00HighView Rating Details
12/21/2016Lake Street CapitalInitiated CoverageBuy$30.00N/AView Rating Details
3/11/2016Avondale PartnersLower Price TargetMarket Outperform$25.00 -> $16.00N/AView Rating Details
1/4/2016StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
(Data available from 8/18/2015 forward)


Earnings History for NN (NASDAQ:NNBR)
Earnings by Quarter for NN (NASDAQ:NNBR)
Earnings History by Quarter for NN (NASDAQ NNBR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017Q2 2017$0.48$0.51$221.00 million$225.88 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.42$0.47$215.86 million$226.31 millionViewListenView Earnings Details
3/1/2017Q416$0.35$0.35$201.97 million$202.00 millionViewListenView Earnings Details
11/2/2016Q316$0.45$0.38$219.13 million$205.00 millionViewN/AView Earnings Details
8/3/2016Q216$0.46$0.46$223.14 million$214.30 millionViewListenView Earnings Details
5/4/2016Q116$0.26$0.27$211.47 million$212.20 millionViewListenView Earnings Details
3/10/2016Q415$0.25$0.25$186.26 million$183.90 millionViewListenView Earnings Details
11/4/2015Q315$0.32$0.31$166.79 million$154.80 millionViewN/AView Earnings Details
8/5/2015Q215$0.35$0.37$166.72 million$164.86 millionViewListenView Earnings Details
5/6/2015Q115$0.35$0.36$164.17 million$163.70 millionViewN/AView Earnings Details
3/10/2015Q414$0.32$0.30$160.05 million$153.80 millionViewN/AView Earnings Details
11/4/2014Q314$0.34$0.34$116.28 million$125.60 millionViewN/AView Earnings Details
8/5/2014Q214$0.33$0.33$107.57 million$106.68 millionViewN/AView Earnings Details
5/6/2014Q114$0.29$0.31$101.30 million$102.53 millionViewListenView Earnings Details
3/11/2014Q413$0.26$0.25$91.10 million$90.10 millionViewListenView Earnings Details
11/6/2013Q313$0.29$0.29$93.84 million$93.00 millionViewListenView Earnings Details
8/6/2013Q2 2013$0.25$0.28$93.79 million$96.30 millionViewListenView Earnings Details
5/7/2013Q1 2013$0.30$0.21$94.07 million$93.80 millionViewListenView Earnings Details
3/11/2013Q4 2012$0.16$0.16$84.68 million$80.20 millionViewListenView Earnings Details
11/8/2012Q312$0.22$0.22$89.90 million$86.60 millionViewN/AView Earnings Details
8/7/2012$0.36$0.35ViewN/AView Earnings Details
5/7/2012$0.33$0.39ViewN/AView Earnings Details
3/12/2012$0.24$0.21ViewN/AView Earnings Details
11/1/2011$0.28$0.20ViewN/AView Earnings Details
8/5/2011$0.43$0.36ViewN/AView Earnings Details
5/5/2011$0.31$0.33ViewN/AView Earnings Details
3/10/2011$0.21$0.30ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for NN (NASDAQ:NNBR)
2017 EPS Consensus Estimate: $1.68
2018 EPS Consensus Estimate: $1.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.37$0.42$0.40
Q2 20173$0.43$0.49$0.46
Q3 20173$0.39$0.44$0.42
Q4 20173$0.39$0.41$0.40
Q1 20182$0.42$0.44$0.43
Q2 20182$0.45$0.48$0.47
Q3 20182$0.45$0.47$0.46
Q4 20181$0.44$0.44$0.44
(Data provided by Zacks Investment Research)


Current Dividend Information for NN (NASDAQ:NNBR)
Next Dividend:9/15/2017
Annual Dividend:$0.28
Dividend Yield:1.10%
Payout Ratio:-116.67% (Trailing 12 Months of Earnings)
17.28% (Based on This Year's Estimates)
15.56% (Based on Next Year's Estimates)
Dividend Payments by Quarter for NN (NASDAQ:NNBR)

Dividend History by Quarter for NN (NASDAQ NNBR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NN (NASDAQ:NNBR)
Insider Ownership Percentage: 2.80%
Institutional Ownership Percentage: 92.15%
Insider Trades by Quarter for NN (NASDAQ:NNBR)
Institutional Ownership by Quarter for NN (NASDAQ:NNBR)
Insider Trades by Quarter for NN (NASDAQ:NNBR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/25/2017Steven T WarshawDirectorSell7,500$20.01$150,075.00View SEC Filing  
11/7/2016L Jeffrey ManzagolSVPBuy1,000$14.55$14,550.00View SEC Filing  
8/19/2016David FloydDirectorBuy1,458$16.99$24,771.42View SEC Filing  
6/20/2016Steven T WarshawDirectorSell1,000$18.49$18,490.00View SEC Filing  
6/7/2016Steven T WarshawDirectorSell2,500$19.02$47,550.00View SEC Filing  
3/11/2016G Ronald MorrisDirectorBuy10,000$11.77$117,700.00View SEC Filing  
12/1/2015David L. PughDirectorBuy46,580$17.04$793,723.20View SEC Filing  
11/25/2015David L. PughDirectorBuy1,820$16.21$29,502.20View SEC Filing  
11/25/2015Matthew S HeiterVPBuy50$16.39$819.50View SEC Filing  
11/24/2015David L. PughDirectorBuy5,900$16.21$95,639.00View SEC Filing  
11/23/2015David L. PughDirectorBuy5,000$16.30$81,500.00View SEC Filing  
11/12/2015G Ronald MorrisDirectorBuy5,000$15.19$75,950.00View SEC Filing  
11/12/2015Matthew S HeiterVPBuy1,950$14.93$29,113.50View SEC Filing  
6/1/2015Steven T WarshawDirectorSell2,000$27.55$55,100.00View SEC Filing  
5/19/2015Michael E WernerDirectorSell10,000$27.74$277,400.00View SEC Filing  
5/15/2015Steven T WarshawDirectorSell3,000$27.89$83,670.00View SEC Filing  
4/15/2015James Harold DortonCFOSell5,000$26.00$130,000.00View SEC Filing  
3/24/2015James Harold DortonCFOSell8,000$24.23$193,840.00View SEC Filing  
3/23/2015James Harold DortonCFOSell4,000$23.46$93,840.00View SEC Filing  
3/23/2015Steven T WarshawDirectorSell2,000$24.15$48,300.00View SEC Filing  
12/2/2014G Ronald MorrisDirectorBuy5,000$20.36$101,800.00View SEC Filing  
11/24/2014William DriesDirectorBuy10,000$20.13$201,300.00View SEC Filing  
9/17/2014Frank T GentryDirectorSell22,500$28.13$632,925.00View SEC Filing  
9/9/2014Michael E WernerDirectorSell2,000$28.16$56,320.00View SEC Filing  
6/11/2014William C Kelly JrVPSell12,000$26.00$312,000.00View SEC Filing  
6/3/2014Thomas C Jr. BurwellVPSell7,000$25.00$175,000.00View SEC Filing  
5/12/2014William Kelly, Jr.VPSell22,450$23.52$528,024.00View SEC Filing  
5/9/2014Thomas Jr. BurwellVPSell3,000$22.50$67,500.00View SEC Filing  
2/21/2014G Ronald MorrisDirectorSell10,000$18.95$189,500.00View SEC Filing  
2/14/2014G Ronald MorrisDirectorSell10,000$18.94$189,400.00View SEC Filing  
12/23/2013James WiddersVPSell20,000$20.50$410,000.00View SEC Filing  
12/6/2013Frank GentryDirectorSell8,000$19.57$156,560.00View SEC Filing  
11/29/2013Thomas Jr. BurwellVPSell5,141$19.53$100,403.73View SEC Filing  
11/22/2013Frank GentryDirectorSell25,561$18.19$464,954.59View SEC Filing  
11/19/2013Frank GentryDirectorSell27,900$17.86$498,294.00View SEC Filing  
11/13/2013Frank GentryDirectorSell22,600$17.55$396,630.00View SEC Filing  
9/23/2013William Kelly, Jr.VPSell3,000$15.40$46,200.00View SEC Filing  
9/20/2013Steven WarshawDirectorSell10,000$15.51$155,100.00View SEC Filing  
9/19/2013Frank GentryDirectorSell16,000$15.25$244,000.00View SEC Filing  
9/18/2013Steven WarshawDirectorSell5,000$15.34$76,700.00View SEC Filing  
9/18/2013William Kelly, Jr.VPSell3,000$15.50$46,500.00View SEC Filing  
9/11/2013Michael WernerDirectorSell20,000$15.07$301,400.00View SEC Filing  
9/10/2013James Harold DortonCFOSell10,000$14.82$148,200.00View SEC Filing  
9/10/2013William C Kelly JrVPSell6,000$15.06$90,360.00View SEC Filing  
9/5/2013Michael E WernerDirectorSell1,067$14.40$15,364.80View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for NN (NASDAQ:NNBR)
Latest Headlines for NN (NASDAQ:NNBR)
feeds.benzinga.com - August 18 at 5:25 PM
reuters.com logoFootwear retailers trampled as price war sparks concerns - Reuters
www.reuters.com - August 18 at 12:33 PM
americanbankingnews.com logoNN, Inc. (NNBR) Expected to Post Quarterly Sales of $151.03 Million
www.americanbankingnews.com - August 18 at 7:32 AM
feeds.benzinga.com logoLINN Energy to Attend Barclays CEO Energy-Power Conference and Energy IPO Summit
feeds.benzinga.com - August 17 at 5:27 PM
bizjournals.com logoNN, Inc. Completes Divestiture Of Precision Bearing Components Group
www.bizjournals.com - August 17 at 4:46 PM
seekingalpha.com logoNN Inc. sells Precision Bearing Components for $375M
seekingalpha.com - August 17 at 4:46 PM
finance.yahoo.com logo[$$] The Add-On Deal Roundup: Aug. 17
finance.yahoo.com - August 17 at 4:46 PM
cnn.com logoWhy whiskey tastes better with a little water - CNN
www.cnn.com - August 17 at 12:49 PM
americanbankingnews.com logoNN's (NNBR) "Market Perform" Rating Reaffirmed at William Blair
www.americanbankingnews.com - August 17 at 9:02 AM
bloomberg.com logoTrump's Bruising Tweet Highlights Amazon's Lingering Tax Fight - Bloomberg
www.bloomberg.com - August 17 at 5:25 AM
americanbankingnews.com logo$0.29 Earnings Per Share Expected for NN, Inc. (NNBR) This Quarter
www.americanbankingnews.com - August 16 at 2:16 PM
americanbankingnews.com logoNN, Inc. Plans Quarterly Dividend of $0.07 (NASDAQ:NNBR)
www.americanbankingnews.com - August 15 at 9:03 AM
bloomberg.com logoMerck CEO Quits Trump Council as 'Matter of Personal Conscience' - Bloomberg
www.bloomberg.com - August 14 at 10:22 AM
fortune.com logoDisney Paid $177 Million to Settle ABC 'Pink Slime' Case - Fortune
fortune.com - August 10 at 11:54 AM
fortune.com logoWalmart Apologizes for Store Display That Marketed Guns as Back-to-School Items - Fortune
fortune.com - August 9 at 10:04 PM
fortune.com logoGoogle Memo Drama Is CEO Sundar Pichai's Greatest Trial Yet - Fortune
fortune.com - August 9 at 10:07 AM
marketwatch.com logo60% of Americans don’t trust Donald Trump, CNN poll finds
www.marketwatch.com - August 7 at 9:58 PM
marketwatch.com logoThe Margin: Kayleigh McEnany leaves CNN for Trump TV, then gets named RNC spokesperson
www.marketwatch.com - August 7 at 2:46 PM
cnbc.com logoTrump berates 'phony' Sen. Blumenthal after critical CNN interview
www.cnbc.com - August 7 at 9:35 AM
usatoday.com logoDiversity debate divides Silicon Valley - USA TODAY
www.usatoday.com - August 6 at 10:40 PM
cnn.com logoUS finalizes deal for new Air Force One jets once destined for Russian airliner - CNN
www.cnn.com - August 5 at 3:07 PM
seekingalpha.com logoDeadline: AT&T considering sale of CNN, TMZ post-TWX closing
seekingalpha.com - August 5 at 12:51 PM
americanbankingnews.com logoStifel Nicolaus Reaffirms Hold Rating for NN, Inc. (NNBR)
www.americanbankingnews.com - August 5 at 11:36 AM
americanbankingnews.com logoNN, Inc. (NASDAQ:NNBR) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 5 at 10:48 AM
seekingalpha.com logoNN's (NNBR) CEO Richard Holder on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 4 at 3:21 PM
finance.yahoo.com logoEdited Transcript of NNBR earnings conference call or presentation 3-Aug-17 1:00pm GMT
finance.yahoo.com - August 4 at 6:21 AM
feeds.benzinga.com logoAMD to Present at Upcoming Financial Conferences
feeds.benzinga.com - August 3 at 6:01 PM
fortune.com logoHow Avon's CEO Failed to Fix the Company - Fortune
fortune.com - August 3 at 4:34 PM
feeds.benzinga.com - August 3 at 3:03 PM
bloomberg.com logoAvon Needs a Miracle Worker - Bloomberg
www.bloomberg.com - August 3 at 11:56 AM
finance.yahoo.com logoNN, Inc. Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 6:21 AM
finance.yahoo.com logoNN, Inc. Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 6:21 AM
finance.yahoo.com logoNN reports 2Q loss
finance.yahoo.com - August 3 at 6:21 AM
finance.yahoo.com logoNN reports 2Q loss
finance.yahoo.com - August 3 at 6:21 AM
americanbankingnews.com logoNN, Inc. (NNBR) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - August 2 at 11:16 PM
americanbankingnews.com logoNN, Inc. (NASDAQ:NNBR) Issues FY17 Earnings Guidance
www.americanbankingnews.com - August 2 at 5:40 PM
americanbankingnews.com logoNN, Inc. (NNBR) Releases Q3 Earnings Guidance
www.americanbankingnews.com - August 2 at 5:40 PM
feeds.benzinga.com logoNano One Enhances Pilot Productivity and Files a New Patent
feeds.benzinga.com - August 2 at 4:52 AM
cnn.com logoUS considering buying new Air Force One planes built for bankrupt Russian airline - CNN
www.cnn.com - August 1 at 9:49 PM
bloomberg.com logoJeffrey Brotman, Who Co-Founded Costco in 1980s, Dies at 74 - Bloomberg
www.bloomberg.com - August 1 at 9:49 PM
feeds.benzinga.com - July 31 at 1:50 PM
americanbankingnews.com logoZacks: Analysts Expect NN, Inc. (NNBR) Will Post Quarterly Sales of $220.79 Million
www.americanbankingnews.com - July 31 at 8:18 AM
cnn.com logoAirport worker punches Easyjet passenger holding a baby - CNN
www.cnn.com - July 30 at 3:38 PM
bloomberg.com logoThe 'Incredible Shrinking Airline Seat' Gets a US Court Rebuke - Bloomberg
www.bloomberg.com - July 30 at 2:40 AM
americanbankingnews.com logo Analysts Anticipate NN, Inc. (NNBR) Will Announce Earnings of $0.48 Per Share
www.americanbankingnews.com - July 29 at 8:26 AM
cnbc.com logoWhy Elon Musk encourages his employees to tell him exactly what he's doing wrong - CNBC
www.cnbc.com - July 28 at 11:19 AM
finance.yahoo.com logoNN, Inc. breached its 50 day moving average in a Bearish Manner : NNBR-US : July 27, 2017
finance.yahoo.com - July 28 at 6:11 AM
nytimes.com logoSpaceX Is Now One of the World's Most Valuable Privately Held Companies - New York Times
www.nytimes.com - July 28 at 2:28 AM
News IconJeff Bezos is now the world's richest person — and he could redefine philanthropy - Business Insider
www.businessinsider.com - July 27 at 1:23 PM
cnbc.com logoTwitter stock plunges as it fails to deliver user growth - CNBC
www.cnbc.com - July 27 at 11:43 AM



NN (NNBR) Chart for Friday, August, 18, 2017

This page was last updated on 8/18/2017 by MarketBeat.com Staff