NYSE:NOK - Nokia Oyj Stock Price, News, & Analysis

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$5.62 +0.07 (+1.26 %)
(As of 10/21/2018 04:00 PM ET)
Previous Close$5.62
Today's Range$5.58 - $5.66
52-Week Range$4.51 - $6.41
Volume17.88 million shs
Average Volume14.62 million shs
Market Capitalization$31.65 billion
P/E Ratio15.19
Dividend Yield3.49%
Beta0.86
Nokia Corporation engages in the network and technology businesses worldwide. The company operates through four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides mobile networking solutions, including hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals. It also offers fixed networking solutions, such as copper based solutions; fiber-to-the-home solutions, including Ethernet point-to-point, gigabit passive optical networks, EPON, and 10 gigabit next generation fiber technologies; fiber access products, solutions, and services; and public switched telephone network transformation, ultra-broadband network design, deployment and operation, site implementation and outside plant, and multi-vendor maintenance services. In addition, the company provides network implementation, care, and professional services for mobile networks; and managed services, such as network and service management, build-operate-transfer model, hosting, analytics, Internet of Things (IoT), cloud, and security operation services for the fixed, mobile, applications, Internet protocol (IP), and optical domains. Further, it offers network planning and optimization services to enhance the network performance and quality, and analytics-based services; and network architecture, integration, customization, and migration services. Additionally, the company provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. Nokia Corporation has a collaboration agreement with Filtronic. The company was founded in 1865 and is headquartered in Espoo, Finland.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:NOK
CUSIPN/A
Phone3580104488000

Debt

Debt-to-Equity Ratio0.18
Current Ratio1.37
Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio15.19
Forward P/E Ratio21.62
P/E Growth2.92

Sales & Book Value

Annual Sales$26.15 billion
Price / Sales1.21
Cash Flow$0.6938 per share
Price / Cash8.10
Book Value$3.26 per share
Price / Book1.72

Profitability

EPS (Most Recent Fiscal Year)$0.37
Net Income$-1,688,660,000.00
Net Margins-4.56%
Return on Equity9.10%
Return on Assets3.64%

Miscellaneous

Employees101,731
Outstanding Shares5,631,510,000
Market Cap$31.65 billion

Nokia Oyj (NYSE:NOK) Frequently Asked Questions

What is Nokia Oyj's stock symbol?

Nokia Oyj trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOK."

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

Nokia Oyj declared a special dividend on Wednesday, March 28th. Shareholders of record on Friday, June 1st will be given a dividend of $0.2364 per share on Monday, June 18th. This represents a yield of 3.5%. The ex-dividend date of this dividend is Thursday, May 31st. View Nokia Oyj's Dividend History.

How were Nokia Oyj's earnings last quarter?

Nokia Oyj (NYSE:NOK) posted its quarterly earnings data on Thursday, July, 26th. The technology company reported $0.04 EPS for the quarter, meeting analysts' consensus estimates of $0.04. The technology company had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.18 billion. Nokia Oyj had a positive return on equity of 9.10% and a negative net margin of 4.56%. Nokia Oyj's revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.08 earnings per share. View Nokia Oyj's Earnings History.

When is Nokia Oyj's next earnings date?

Nokia Oyj is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Nokia Oyj.

How can I listen to Nokia Oyj's earnings call?

Nokia Oyj will be holding an earnings conference call on Thursday, October 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 4123175210.

What price target have analysts set for NOK?

14 analysts have issued 12 month price targets for Nokia Oyj's stock. Their predictions range from $3.90 to $7.50. On average, they anticipate Nokia Oyj's stock price to reach $5.7183 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Price Targets for Nokia Oyj.

What is the consensus analysts' recommendation for Nokia Oyj?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nokia Oyj in the last year. There are currently 3 sell ratings, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nokia Oyj.

What are Wall Street analysts saying about Nokia Oyj stock?

Here are some recent quotes from research analysts about Nokia Oyj stock:
  • 1. According to Zacks Investment Research, "Nokia has significantly underperformed the industry in the past year on an average. Continued lower-than-expected performance in Networks business remains a major cause of concern. Nokia is likely to be stifled by the renegotiated deals and restrictions imposed on trade with other European Union members post Brexit referendum. The continued below-par performance of Nokia’s primary division — the Networks unit is concerning. However, the company maintains a leading position in mobile and fixed network infrastructure with the industry’s most complete, end-to-end portfolio of products and services. Nokia remains focused on its strategy that hinges on four strategic priorities. The company is also continuously expanding its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond its traditional primary markets." (9/25/2018)
  • 2. BMO Capital Markets analysts commented, "We note upside in both apparel (+10% vs. our +6% est) and footwear (+15% vs. our +7%); footwear strength was led by the recent UA HOVR launch, Project Rock collection, and the Curry 5 basketball shoe. Accessories declined 14% (vs. our +3%) due to softer demand and actions to optimize distribution, hindering total revenue growth. We continue to expect +MSD/+LSD apparel/footwear growth, respectively, in FY18. By channel/region, wholesale rose 9%, supported by higher off-price sales as UA works through elevated inventory levels; DTC (35% of sales) was slower, up 7% (vs. +17% in 1Q). Int’l (~1/4 of sales) remained solid, growing 28% (+24% in CC), led by APAC (+28% in CC) and EMEA (+25% in CC); China remains a key growth opportunity for UA, in our view. North America revenue rose slightly (+2%), benefiting from off-price." (7/26/2018)

Are investors shorting Nokia Oyj?

Nokia Oyj saw a drop in short interest during the month of September. As of September 14th, there was short interest totalling 25,265,544 shares, a drop of 14.8% from the August 31st total of 29,671,602 shares. Based on an average daily volume of 8,658,770 shares, the days-to-cover ratio is presently 2.9 days. View Nokia Oyj's Current Options Chain.

Who are some of Nokia Oyj's key competitors?

Who are Nokia Oyj's key executives?

Nokia Oyj's management team includes the folowing people:
  • Mr. Rajeev Suri, Pres & CEO (Age 51)
  • Mr. Kristian Pullola, Chief Financial Officer (Age 45)
  • Mr. Jorg Erlemeier, Chief Operating Officer (Age 53)
  • Dr. Marcus Weldon, CTO & Pres of Nokia Bell Labs (Age 50)
  • Matt Shimao, Head of Investor Relations

Who are Nokia Oyj's major shareholders?

Nokia Oyj's stock is owned by many different of institutional and retail investors. Top institutional investors include Aperio Group LLC (0.03%), Patten & Patten Inc. TN (0.02%), Financial & Investment Management Group Ltd. (0.02%), Horrell Capital Management Inc. (0.01%), Zweig DiMenna Associates LLC (0.01%) and Foundation Resource Management Inc. (0.01%).

Which major investors are selling Nokia Oyj stock?

NOK stock was sold by a variety of institutional investors in the last quarter, including Aperio Group LLC, Gradient Investments LLC, Financial & Investment Management Group Ltd., World Asset Management Inc, BLB&B Advisors LLC, Patten & Patten Inc. TN and Foundation Resource Management Inc..

Which major investors are buying Nokia Oyj stock?

NOK stock was bought by a variety of institutional investors in the last quarter, including Zweig DiMenna Associates LLC, Horrell Capital Management Inc. and Manning & Napier Group LLC.

How do I buy shares of Nokia Oyj?

Shares of NOK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Nokia Oyj's stock price today?

One share of NOK stock can currently be purchased for approximately $5.62.

How big of a company is Nokia Oyj?

Nokia Oyj has a market capitalization of $31.65 billion and generates $26.15 billion in revenue each year. The technology company earns $-1,688,660,000.00 in net income (profit) each year or $0.37 on an earnings per share basis. Nokia Oyj employs 101,731 workers across the globe.

What is Nokia Oyj's official website?

The official website for Nokia Oyj is http://www.nokia.com.

How can I contact Nokia Oyj?

Nokia Oyj's mailing address is KARAPORTTI 3, ESPOO H9, 02610. The technology company can be reached via phone at 3580104488000 or via email at [email protected]


MarketBeat Community Rating for Nokia Oyj (NYSE NOK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  743 (Vote Outperform)
Underperform Votes:  1,010 (Vote Underperform)
Total Votes:  1,753
MarketBeat's community ratings are surveys of what our community members think about Nokia Oyj and other stocks. Vote "Outperform" if you believe NOK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NOK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/21/2018 by MarketBeat.com Staff

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