Hyster-Yale Materials Handling - HY Stock Forecast, Price & News

Hyster-Yale Materials Handling's stock was trading at $41.10 at the beginning of 2022. Since then, HY stock has decreased by 45.5% and is now trading at $22.41.
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Hyster-Yale Materials Handling saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 248,300 shares, a decrease of 5.4% from the August 31st total of 262,400 shares. Based on an average daily volume of 57,600 shares, the days-to-cover ratio is presently 4.3 days. Currently, 4.4% of the shares of the stock are short sold.
View Hyster-Yale Materials Handling's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our HY earnings forecast.

Hyster-Yale Materials Handling, Inc. (NYSE:HY) issued its quarterly earnings results on Tuesday, August, 2nd. The industrial products company reported ($1.15) EPS for the quarter. The industrial products company had revenue of $895.40 million for the quarter. Hyster-Yale Materials Handling had a negative trailing twelve-month return on equity of 46.64% and a negative net margin of 6.81%.

Hyster-Yale Materials Handling announced a quarterly dividend on Wednesday, August 10th. Stockholders of record on Thursday, September 1st will be given a dividend of $0.322 per share on Thursday, September 15th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date is Wednesday, August 31st.
Read our dividend analysis for HY.

Hyster-Yale Materials Handling (NYSE:HY) pays an annual dividend of $1.29 per share and currently has a dividend yield of 6.00%. HY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for HY.

19 employees have rated Hyster-Yale Materials Handling Chief Executive Officer Rajiv K. Prasad on Glassdoor.com. Rajiv K. Prasad has an approval rating of 93% among the company's employees. This puts Rajiv K. Prasad in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hyster-Yale Materials Handling investors own include Boeing (BA), Cisco Systems (CSCO), Pfizer (PFE), Verizon Communications (VZ), Dominion Energy (D), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), Procter & Gamble (PG) and Walgreens Boots Alliance (WBA).

Hyster-Yale Materials Handling trades on the New York Stock Exchange (NYSE) under the ticker symbol "HY."

Shares of HY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HY stock can currently be purchased for approximately $22.41.

Hyster-Yale Materials Handling (NYSE:HY) has a market capitalization of $379.20 million and generates $3.08 billion in revenue each year. The industrial products company earns $-173,000,000.00 in net income (profit) each year or ($13.36) on an earnings per share basis.

The company employs 8,100 workers across the globe.

Hyster-Yale Materials Handling's mailing address is 5875 LANDERBROOK DRIVE SUITE 300, CLEVELAND OH, 44124. The official website for the company is www.hyster-yale.com. The industrial products company can be reached via phone at (440) 449-9600, via email at ir@hyster-yale.com, or via fax at 440-449-9577.