About Nokia (NYSE:NOK)
Nokia Corporation, together with its subsidiaries, provides network infrastructure and related services worldwide. The company operates through three segments: Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. It offers mobile networking solutions, such as hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals; radio access network solutions; Internet protocol multimedia subsystem/voice over LTE, subscriber data management and other virtualized software infrastructure solutions; backhaul solutions; and network planning, implementation, operations, and maintenance solutions. The company also provides fixed networking solutions, including copper based solutions, such as VDSL2 Vectoring, Vplus, and G.fast; fiber-to-the-home solutions, such as Ethernet point-to-point, gigabit passive optical networks (GPON), EPON, and 10 gigabit next generation fiber technologies, as well as fiber access technologies; digital home devices; and copper and fiber broadband evolution, public switched telephone network transformation, ultra-broadband network design, deployment and operation, site implementation and outside plant, and multi-vendor maintenance services. In addition, it offers IP/optical networking solutions, such as IP routing and optical transport systems, software, and services; and packet-optimized and optical transport solutions. Further, the company provides software solutions, including customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, Internet of Things, security, and analytics platforms; and submarine networks and radio frequency systems. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.
Industry, Sector and Symbol
Industry TELECOMM EQUIP
SectorComputer and Technology
Trailing P/E Ratio-17.7413631818328
Forward P/E Ratio17.74
Sales & Book Value
Annual Sales$26.15 billion
Price / Sales1.18
Cash Flow$0.66 per share
Price / Cash8.28
Book Value$3.26 per share
Price / Book1.69
Return on Equity10.80%
Return on Assets4.54%
Nokia (NYSE:NOK) Frequently Asked Questions
What is Nokia's stock symbol?
Nokia trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOK."
How often does Nokia pay dividends? What is the dividend yield for Nokia?
Nokia declared a dividend on Thursday, March 30th. Investors of record on Friday, May 26th will be given a dividend of $0.1824 per share on Friday, June 9th. The ex-dividend date is Tuesday, May 23rd. View Nokia's Dividend History.
How were Nokia's earnings last quarter?
Nokia (NYSE:NOK) announced its quarterly earnings data on Thursday, February, 1st. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.04. The technology company had revenue of $6.67 billion for the quarter, compared to analysts' expectations of $6.41 billion. Nokia had a positive return on equity of 10.80% and a negative net margin of 6.37%. Nokia's revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.12 EPS. View Nokia's Earnings History.
When will Nokia make its next earnings announcement?
What guidance has Nokia issued on next quarter's earnings?
Nokia updated its FY18 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of EUR0.23-0.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.29.
Where is Nokia's stock going? Where will Nokia's stock price be in 2018?
14 brokerages have issued 1-year price objectives for Nokia's shares. Their predictions range from $3.90 to $7.50. On average, they anticipate Nokia's share price to reach $5.54 in the next year. View Analyst Ratings for Nokia.
Are investors shorting Nokia?
Nokia saw a drop in short interest during the month of February. As of February 28th, there was short interest totalling 25,249,294 shares, a drop of 16.5% from the February 15th total of 30,252,506 shares. Based on an average trading volume of 15,246,161 shares, the short-interest ratio is presently 1.7 days.
Who are some of Nokia's key competitors?
Some companies that are related to Nokia include Corning (GLW), Telefonaktiebolaget LM Ericsson (ERIC), Arista Networks (ANET), Skyworks Solutions (SWKS), SBA Communications (SBAC), Harris (HRS), Motorola Solutions (MSI), ZTE (ZTCOY), Altice USA (ATUS), Marvell Technology Group (MRVL), Qorvo (QRVO), Zayo Group (ZAYO), Juniper Networks (JNPR), Commscope (COMM), Cypress Semiconductor (CY), Ubiquiti Networks (UBNT), ARRIS International (ARRS) and ViaSat (VSAT).
Who are Nokia's key executives?
Nokia's management team includes the folowing people:
- Mr. Rajeev Suri, Pres & Chief Exec. Officer (Age 51)
- Mr. Kristian Pullola, Chief Financial Officer (Age 45)
- Mr. Jorg Erlemeier, Chief Operating Officer (Age 53)
- Dr. Marcus Weldon, Chief Technology Officer and Pres of Nokia Bell Labs (Age 50)
- Matt Shimao, Head of Investor Relations
Has Nokia been receiving favorable news coverage?
News coverage about NOK stock has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nokia earned a media sentiment score of 0.08 on Accern's scale. They also assigned media stories about the technology company an impact score of 45.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Nokia's major shareholders?
Nokia's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (1.17%), Levin Capital Strategies L.P. (0.94%), Alliancebernstein L.P. (0.56%), Ariel Investments LLC (0.43%), Arrowstreet Capital Limited Partnership (0.20%) and Brandes Investment Partners LP (0.18%). View Institutional Ownership Trends for Nokia.
Which institutional investors are selling Nokia stock?
NOK stock was sold by a variety of institutional investors in the last quarter, including Ariel Investments LLC, Franklin Resources Inc., Bowen Hanes & Co. Inc., OLD Mission Capital LLC, Wells Fargo & Company MN, Bank of Montreal Can, Foundation Resource Management Inc. and Quantitative Investment Management LLC. View Insider Buying and Selling for Nokia.
Which institutional investors are buying Nokia stock?
NOK stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Levin Capital Strategies L.P., Brandes Investment Partners LP, Renaissance Technologies LLC, Millennium Management LLC, Tocqueville Asset Management L.P., Jane Street Group LLC and Chartwell Investment Partners LLC. View Insider Buying and Selling for Nokia.
How do I buy shares of Nokia?
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's stock price today?
One share of NOK stock can currently be purchased for approximately $5.50.
How big of a company is Nokia?
Nokia has a market capitalization of $32.38 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 ($0.31) on an earnings per share basis. Nokia employs 101,000 workers across the globe.
How can I contact Nokia?
Nokia'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 (NOK)MarketBeat's community ratings are surveys of what our community members think about Nokia 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.
Nokia (NYSE:NOK) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.21||2.27||2.22||2.26|
|Ratings Breakdown: ||1 Sell Rating(s)|
9 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
9 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
10 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
10 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$5.54||$5.76||$5.64||$5.81|
|Price Target Upside: ||0.70% upside||6.60% upside||14.00% upside||6.00% downside|
Nokia (NYSE:NOK) Consensus Price Target History
Nokia (NYSE:NOK) Analyst Ratings History
(Data available from 3/22/2016 forward)
Nokia (NYSE:NOK) Earnings History and Estimates Chart
Nokia (NYSE NOK) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/26/2018|| || || || || || || || |
|2/1/2018||n/a||$0.11||$0.15||$6.41 billion||$6.67 billion||View||N/A|
|10/26/2017||9/30/2017||$0.06||$0.11||$5.64 billion||$5.54 billion||View||N/A|
|7/27/2017||6/30/2017||$0.04||$0.09||$5.64 billion||$5.63 billion||View||N/A|
|4/27/2017||3/31/2017||$0.04||$0.03||$5.33 billion||$5.39 billion||View||N/A|
|2/2/2017||Q416||$0.08||$0.13||$7.35 billion||$6.72 billion||View||Listen|
|10/27/2016||Q316||$0.05||$0.05||$5.84 billion||$6.00 billion||View||Listen|
|8/4/2016||Q216||$0.04||$0.03||$5.80 billion||$5.58 billion||View||N/A|
|5/10/2016||Q116||$0.03||$0.03||$5.74 billion||$5.60 billion||View||Listen|
|2/11/2016||Q415||$0.12||$0.17||$3.88 billion||$3.61 billion||View||Listen|
|10/29/2015||Q315||$0.08||$0.09||$3.29 billion||$3.04 billion||View||Listen|
|7/30/2015||Q215||$0.06||$0.10||$3.58 billion||$3.21 billion||View||Listen|
|4/30/2015||Q115||$0.05||$0.05||$3.01 billion||$3.20 billion||View||N/A|
|1/29/2015||Q414||$0.12||$0.11||$3.74 billion||$3.80 billion||View||N/A|
|10/23/2014||Q314||$0.08||$0.11||$3.01 billion||$3.32 billion||View||Listen|
|7/24/2014||Q214||$0.07||$0.08||$3.91 billion||$2.94 billion||View||N/A|
|4/29/2014||Q114||$0.04||$0.06||$4.00 billion||$3.69 billion||View||N/A|
|10/29/2013||Q313||($0.01)||$0.01||$5.90 billion||$5.66 billion||View||N/A|
|1/24/2013||Q412||$0.06||$0.06||$10.55 billion||$8.04 billion||View||N/A|
Nokia (NYSE:NOK) Earnings Estimates
Current Year EPS Consensus Estimate: $0.31 EPS
Next Year EPS Consensus Estimate: $0.37 EPS
Nokia (NYSE:NOK) Dividend Information
|Most Recent Dividend:||6/9/2017|
|Dividend Growth:||8.10% (3 Year Average)|
|Payout Ratio:||-41.93% (Trailing 12 Months of Earnings) |
41.94% (Based on This Year's Estimates)
35.14% (Based on Next Year's Estimates)
Nokia (NYSE:NOK) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Nokia (NYSE NOK)
No insider trades for this company have been tracked by MarketBeat.com
Nokia (NYSE NOK) News Headlines
Nokia (NYSE:NOK) SEC Filings
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Nokia (NYSE:NOK) Income Statement, Balance Sheet and Cash Flow Statement
Nokia (NYSE NOK) Stock Chart for Thursday, March, 22, 2018