Nokia Corp Company Profile (NYSE:NOK)

About Nokia Corp

Nokia Corp logoNokia Corporation is a global provider of network infrastructure and related services, with a focus on mobile broadband, as well as advanced technology development and licensing. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Mobile Broadband, Global Services, Nokia Networks Other and Nokia Technologies. Mobile Broadband provides mobile operators with network solutions for mobile voice and data services through its Radio and Core business lines. Global Services provides mobile operators with services to create and maintain networks. Nokia Networks Other includes net sales and related cost of sales and operating expenses of non-core businesses. Nokia Technologies focuses on technology development and licensing. The Radio business consists of second generation (2G) to fifth generation (5G) technology generations. The Core business has a mobile switching portfolio, as well as voice and packet core solutions.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: NOK
  • CUSIP:
Key Metrics:
  • Previous Close: $5.14
  • 50 Day Moving Average: $4.83
  • 200 Day Moving Average: $5.01
  • 52-Week Range: $4.04 - $6.31
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 16.06
  • P/E Growth: 0.83
  • Market Cap: $29.40B
  • Outstanding Shares: 5,720,502,000
  • Beta: 1.44
Profitability:
  • Net Margins: -2.96%
  • Return on Equity: 6.17%
  • Return on Assets: 2.83%
Debt:
  • Debt-to-Equity Ratio: 0.17%
  • Current Ratio: 1.64%
  • Quick Ratio: 1.44%
Additional Links:
Companies Related to Nokia Corp:

Analyst Ratings

Consensus Ratings for Nokia Corp (NYSE:NOK) (?)
Ratings Breakdown: 2 Sell Ratings, 9 Hold Ratings, 10 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $10.40 (102.41% upside)

Analysts' Ratings History for Nokia Corp (NYSE:NOK)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017Craig HallumInitiated CoverageBuy$5.83 -> $7.50View Rating Details
2/13/2017Charter EquityUpgradeUnderperform -> Market PerformView Rating Details
2/7/2017Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
2/7/2017Canaccord GenuityReiterated RatingHold$5.00View Rating Details
2/7/2017Morgan StanleyUpgradeEqual Weight -> Overweight$4.75 -> $4.87View Rating Details
2/2/2017BMO Capital MarketsReiterated RatingMarket Perform$4.00View Rating Details
1/25/2017DanskeDowngradeHold -> SellView Rating Details
1/13/2017Bank of America CorpDowngradeSellView Rating Details
1/13/2017NatixisUpgradeNeutral -> BuyView Rating Details
1/10/2017Barclays PLCReiterated RatingBuyView Rating Details
12/23/2016J P Morgan Chase & CoReiterated RatingOverweightView Rating Details
12/15/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuy$5.80View Rating Details
11/19/2016Wells Fargo & CoReiterated RatingMarket Perform$4.75 -> $4.25View Rating Details
11/15/2016Credit Suisse GroupReiterated RatingOutperform$60.00View Rating Details
10/28/2016Exane BNP ParibasDowngradeOutperform -> NeutralView Rating Details
8/15/2016ArgusReiterated RatingBuy$10.00View Rating Details
5/11/2016MKM PartnersLower Price TargetNeutral$6.75 -> $5.75View Rating Details
5/6/2016Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformView Rating Details
4/15/2016Sanford C. BernsteinReiterated RatingOutperform$10.35View Rating Details
4/9/2016Nordea Equity ResearchUpgradeBuyView Rating Details
2/23/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
2/13/2016Liberum CapitalReiterated RatingBuyView Rating Details
8/3/2015KeyCorpReiterated RatingEqual WeightView Rating Details
8/3/2015Pacific CrestReiterated RatingEqual WeightView Rating Details
5/8/2015Cowen and CompanyReiterated RatingMarket Perform$8.00View Rating Details
5/4/2015Evli BankUpgradeBuyView Rating Details
5/4/2015Kepler Capital MarketsUpgradeSell -> BuyView Rating Details
4/23/2015Oddo SecuritiesUpgradeReduce -> BuyView Rating Details
4/21/2015SwedbankUpgradeSell -> NeutralView Rating Details
4/20/2015Jefferies Group LLCDowngradeBuy -> HoldView Rating Details
4/16/2015Pohjola BankDowngradeSellView Rating Details
4/16/2015Citigroup Inc.DowngradeBuy -> Neutral$7.50View Rating Details
4/16/2015Royal Bank of CanadaDowngradeOutperform -> Sector Perform$11.00 -> $9.00View Rating Details
3/13/2015Berenberg BankDowngradeBuy -> HoldView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Nokia Corp (NYSE:NOK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/2/2017Q416$0.08$0.13$7.35 billion$6.72 billionViewListenView Earnings Details
8/4/2016Q216$0.04$0.03$5.80 billion$5.58 billionViewN/AView Earnings Details
5/10/2016Q116$0.04$0.03$5.74 billion$5.60 billionViewListenView Earnings Details
2/11/2016Q415$0.12$0.17$3.88 billion$3.61 billionViewListenView Earnings Details
10/29/2015Q315$0.08$0.09$3.29 billion$3.04 billionViewListenView Earnings Details
7/30/2015Q215$0.06$0.09$3.58 billion$3.21 billionViewListenView Earnings Details
4/30/2015Q115$0.05$0.05$3.01 billion$3.20 billionViewN/AView Earnings Details
1/29/2015Q414$0.12$0.09$3.74 billion$3.80 billionViewN/AView Earnings Details
10/23/2014Q314$0.09$0.11$3.01 billion$3.32 billionViewListenView Earnings Details
7/24/2014Q214$0.07$0.06$3.91 billion$2.94 billionViewN/AView Earnings Details
4/29/2014Q114$0.04$0.03$2.66 billionViewN/AView Earnings Details
1/16/2014Q413$0.05$0.08$3.48 billionViewN/AView Earnings Details
10/29/2013Q313($0.01)$0.01$5.90 billion$5.66 billionViewN/AView Earnings Details
4/18/2013($0.04)($0.02)$5.85 billionViewN/AView Earnings Details
1/24/2013Q412$0.06$0.06$10.55 billion$8.04 billionViewN/AView Earnings Details
10/18/2012($0.10)($0.07)ViewN/AView Earnings Details
7/19/2012($0.09)($0.08)ViewN/AView Earnings Details
4/19/2012($0.07)($0.08)ViewN/AView Earnings Details
1/26/2012$0.04$0.06ViewN/AView Earnings Details
10/20/2011($0.02)$0.03ViewN/AView Earnings Details
7/21/2011$0.01$0.06ViewN/AView Earnings Details
4/21/2011$0.14$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nokia Corp (NYSE:NOK)
Current Year EPS Consensus Estimate: $0.24 EPS
Next Year EPS Consensus Estimate: $0.32 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.04$0.04$0.04
Q2 20162$0.03$0.04$0.04
Q3 20163$0.04$0.08$0.06
Q4 20163$0.09$0.12$0.11
Q1 20172$0.04$0.05$0.05
Q2 20172$0.06$0.07$0.07
Q3 20172$0.07$0.09$0.08
Q4 20171$0.14$0.14$0.14
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nokia Corp (NYSE:NOK)
Annual Dividend:$0.20
Dividend Yield:3.89%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-142.85% (Based on Trailing 12 Months of Earnings)
83.33% (Based on Current Year Consensus EPS Estimate)
62.50% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Nokia Corp (NYSE:NOK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2016Annual$0.216/16/20166/20/20167/12/2016
1/30/2015annual$0.162.09%5/5/20155/7/20155/27/2015
5/1/2014special$0.362.04%6/19/20146/23/20147/9/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Nokia Corp (NYSE:NOK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Nokia Corp (NYSE:NOK)
DateHeadline
News IconNokia P1 Android phone review, specifications and release date (NYSE:NOK)
www.onlinedecoded.com - February 25 at 6:29 PM
News IconNokia Android phone To Launch at MWC 2017: When and Where to Watch the Event Live (NYSE:NOK)
fitnhit.com - February 25 at 6:29 PM
News IconMWC 2017: 5 Nokia Android Smartphones Expected to be Lanched Tomorrow (NYSE:NOK)
www.news18.com - February 25 at 6:29 PM
News IconWhen is the new Nokia 3310 model coming out? Release date, price, rumours, features and specifications (NYSE:NOK)
www.thesun.co.uk - February 25 at 12:59 AM
News IconPopular cell phone Nokia 3310 set to be relaunched (NYSE:NOK)
nairobinews.nation.co.ke - February 25 at 12:59 AM
News IconNear-Term Price Target Update on Nokia Corporation (ADR) (NYSE:NOK) - Aiken Advocate (NYSE:NOK)
aikenadvocate.com - February 23 at 11:56 PM
nasdaq.com logoNokia Solutions and Networks' tender offer for all issued and outstanding shares and option rights (NYSE:NOK)
www.nasdaq.com - February 23 at 9:04 AM
us.rd.yahoo.com logoNokia and AT&T first to successfully conduct 5G streaming tests with DIRECTV NOW over 39 GHz #MWC17 (NYSE:NOK)
us.rd.yahoo.com - February 23 at 9:04 AM
finance.yahoo.com logoNokia delivers 'anyhaul' end-to-end mobile transport portfolio for the 5G era #MWC17 (NYSE:NOK)
finance.yahoo.com - February 23 at 9:04 AM
finance.yahoo.com logoNokia Solutions and Networks' tender offer for all issued and outstanding shares and option rights in Comptel commences on February 27, 2017 (NYSE:NOK)
finance.yahoo.com - February 23 at 9:04 AM
News IconNokia commences offer to purchase outstanding notes for up to USD 1.0 billion total consideration - Telecom Reseller (press release) (NYSE:NOK)
telecomreseller.com - February 22 at 6:58 PM
benzinga.com logoT-Mobile Gets The FCC Go-Ahead For First 5G Devices - Benzinga (NYSE:NOK)
www.benzinga.com - February 22 at 6:58 PM
feeds.benzinga.com logoNokia commences offer to purchase outstanding notes for up to USD 1.0 billion total consideration (NYSE:NOK)
feeds.benzinga.com - February 22 at 1:07 PM
News IconNokia might announce a smartwatch or a wearable soon (NYSE:NOK)
www.androidguys.com - February 22 at 8:53 AM
finance.yahoo.com logoNokia software brings new levels of intelligence and automation to service provider networks #MWC17 (NYSE:NOK)
finance.yahoo.com - February 22 at 8:53 AM
News IconThe return of legendary Nokia: Why the expectations may backfire (NYSE:NOK)
www.in.techradar.com - February 21 at 6:01 PM
News IconNokia 8 Might Have Already Been Leaked (NYSE:NOK)
geek.ng - February 21 at 6:01 PM
marketexclusive.com logoA New Nokia Corp (NYSE:NOK) 8 Android Smartphone Has Been Spotted Way Before Its Launch (NYSE:NOK)
marketexclusive.com - February 21 at 6:01 PM
News IconStatement of the Board of Directors of Comptel Corporation regarding the voluntary public tender offer by Nokia (NYSE:NOK)
itbusinessnet.com - February 21 at 6:01 PM
News IconMobile World Congress 2017: It's all about Nokia and nothing else matters (NYSE:NOK)
www.catchnews.com - February 20 at 9:49 AM
News IconNokia 8 listed for Pre-order on JD.com (NYSE:NOK)
www.techdroider.com - February 20 at 9:49 AM
globenewswire.com logoCOMPTEL CORPORATION NOTICE TO THE ANNUAL GENERAL MEETING (NYSE:NOK)
globenewswire.com - February 17 at 4:31 PM
reuters.com logoCould the Nokia 3310 be making a comeback? (NYSE:NOK)
uk.reuters.com - February 17 at 4:31 PM
News IconNokia 3310 is back: release date, price, specs, Snake (NYSE:NOK)
www.trustedreviews.com - February 17 at 4:31 PM
finance.yahoo.com logoPost Earnings Coverage as Nokia Net Sales up 84 Percent Post Alcatel-Lucent Acquisition (NYSE:NOK)
finance.yahoo.com - February 17 at 4:31 PM
marketrealist.com logoNokia’s Move Could Complicate Apple’s Recovery in China (NYSE:NOK)
marketrealist.com - February 17 at 4:31 PM
marketrealist.com logoOracle’s Apiary Acquisition Leaves No Doubt About Its Agenda (NYSE:NOK)
marketrealist.com - February 17 at 4:31 PM
investopedia.com logo"New" Nokia Phone Is a Blast From the Past (NYSE:NOK)
www.investopedia.com - February 17 at 4:31 PM
News IconNokia Corporation (ADR) (NYSE:NOK) Projected to Achieve EPS Of $0.04 - Stock Observer (NYSE:NOK)
www.thestockobserver.com - February 17 at 8:24 AM
News IconEurobites: Nokia Demos Drones for Instant LTE - Light Reading (NYSE:NOK)
www.lightreading.com - February 17 at 8:24 AM
News IconSnake on a phone: Nokia is resurrecting the 3310 (NYSE:NOK)
www.cityam.com - February 16 at 11:29 PM
News IconNokia 3310 Is Rumored To Return At MWC 2017 (NYSE:NOK)
heavy.com - February 16 at 11:29 PM
News IconBlackberry sues Nokia in patent clash (NYSE:NOK)
www.bbc.com - February 16 at 11:29 PM
News IconNokia 6 Handset is now Available in India via a Third-Party Online Retailer – Check Price (NYSE:NOK)
fitnhit.com - February 16 at 6:27 PM
News IconThe Nokia 3310 Is Making A Comeback And It’s Going To Be Glorious (NYSE:NOK)
ninjajournalist.com - February 16 at 6:27 PM
News IconNokia 3310 revamp rumoured for upcoming mobile phone expo (NYSE:NOK)
www.themarshalltown.com - February 16 at 6:27 PM
News IconBlackBerry sues Nokia (NYSE:NOK)
www.euronews.com - February 16 at 6:27 PM
News IconImpact of Brokerage Rating on Nokia Corporation(NOK) (NYSE:NOK)
upbeacon.net - February 16 at 6:26 PM
News IconNokia 3, Nokia 5 specifications leak ahead of MWC 2017 launch (NYSE:NOK)
www.in.techradar.com - February 16 at 6:26 PM
News IconFrom simplicity to Snake: Researcher reveals how Nokia's 3310 took over the world (NYSE:NOK)
www.dailymail.co.uk - February 16 at 6:26 PM
us.rd.yahoo.com logoClassic Nokia 3310 Returns After 13-Year Absence (NYSE:NOK)
us.rd.yahoo.com - February 16 at 6:26 PM
News IconBlackberry accuses Nokia of patent infringement - CNET (NYSE:NOK)
www.cnet.com - February 16 at 6:26 PM
uk.finance.yahoo.com logoDialling back time: Nokia 3310 'will be re-released this month' (NYSE:NOK)
us.rd.yahoo.com - February 16 at 6:26 PM
News IconTrending Stocks in Review: Delta Air Lines, Inc. (NYSE:DAL), Nokia Corporation (NYSE:NOK) - The Newburgh Press (NYSE:NOK)
newburghpress.com - February 16 at 6:26 PM
seekingalpha.com logoNokia: A Trade Strategy, As Shares Push Against $5 - Seeking Alpha (NYSE:NOK)
seekingalpha.com - February 16 at 6:26 PM
News IconNokia will bring back the iconic 3310 (NYSE:NOK)
www.pulseheadlines.com - February 15 at 2:50 AM
News IconNokia to reportedly re-enter the Indian market with Nokia 6 around April (NYSE:NOK)
thetechportal.com - February 15 at 2:50 AM
News IconNokia Sets To Relaunch ‘Nokia 3310’ And 2 Other Devices (NYSE:NOK)
howng.com - February 15 at 2:50 AM
News IconNokia launching three new smartphones at MWC 2017 (NYSE:NOK)
www.fudzilla.com - February 15 at 2:50 AM
News IconTCW Group Inc. Acquires 533599 Shares of Nokia Corporation (NOK) (NYSE:NOK)
emfizz.com - February 15 at 2:50 AM

Social

What is Nokia Corp's stock symbol?

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

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

Nokia Corp announced an annual dividend on Monday, May 2nd. Shareholders of record on Monday, June 20th will be given a dividend of $0.209 per share on Tuesday, July 12th. The ex-dividend date of this dividend is Thursday, June 16th. This is an increase from Nokia Corp's previous annual dividend of $0.16.

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

21 analysts have issued 12-month target prices for Nokia Corp's shares. Their predictions range from $4.00 to $60.00. On average, they anticipate Nokia Corp's share price to reach $10.40 in the next twelve months.

What are analysts saying about Nokia Corp stock?

Here are some recent quotes from research analysts about Nokia Corp stock:

  • According to Zacks Investment Research, "Shares of Nokia have underperperformed the broader industry over the last one year. This is mainly due to the below-par performance of its primary division– the Networks unit. The company expects net sales in its networks division to decline in 2017 due to the declining wireless infrastructure market, among other headwinds. In the fourth quarter the segment saw a 14% decline in revenues. Weak sales in Mobile Networks, which is part of Ultra Broadband Networks, contributed to the significant decline in the final quarter of 2016 . Moreover, since the company operates globally its top line is vulnerable to adverse foreign currency movements. However, we are encouraged by the company's growth-by-acquisition strategy." (2/13/2017)

  • Argus analysts commented, "accounts related to Brexit. Management specifically noted a number of UBS projects that are likely to be delayed into the next calendar year and postponed consolidation of vendors at DB. Notwithstanding, Mr. Loschinin highlighted that exceptionally strong demand in automotive is now expected to reach ~30% within a few years. He also noted strong growth in financial services clients that have limited exposure to Brexit and capital markets. While we have adjusted downwards our near-term estimates, our assumptions post FY17E remain broadly unchanged. We reiterate our OW rating and see NY- based analyst day in early Sept as the next catalyst for the shares as management is likely to give more colour on INSYS integration." (8/15/2016)

  • Bank of America Corp analysts commented, "Following HPE’s recent results, and announcement of the spin-off of its Enterprise Services (ES) segment and its subsequent merger with CSC, we took a closer look at the financial profile of HPE’s remaining business. Our in-depth analysis suggests that post spin-off, HPE will 1) enjoy a net cash position of $7.2B, representing 26.0% of its current market cap excl. ES, 2) have ongoing annual FCF of ~$3B (excl. charges), 3) have an unchanged recurring profit profile, and 4) trade at 2.8x EV/EBITDA and 0.6x EV/sales based on current valuation and our FY17 estimates. Based on our analysis, we believe the shares offer significant upside as the attractiveness of the remaining business becomes visible post spin-off." (7/14/2016)

Who owns Nokia Corp stock?

Nokia Corp's stock is owned by many different of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (1.31%), Levin Capital Strategies L.P. (0.90%), Russell Investments Group Ltd. (0.25%), Alyeska Investment Group L.P. (0.19%), Renaissance Technologies LLC (0.08%) and FMR LLC (0.04%).

Who sold Nokia Corp stock? Who is selling Nokia Corp stock?

Nokia Corp's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Thornburg Investment Management Inc., Calamos Advisors LLC, First Republic Investment Management Inc., Envestnet Asset Management Inc., Wetherby Asset Management Inc., Dimensional Fund Advisors LP and Girard Securities Inc..

Who bought Nokia Corp stock? Who is buying Nokia Corp stock?

Nokia Corp's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Levin Capital Strategies L.P., Alyeska Investment Group L.P., Franklin Resources Inc., TCW Group Inc., FMR LLC, FNY Partners Fund LP and LeJeune Puetz Investment Counsel LLC.

How do I buy Nokia Corp stock?

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

How much does a share of Nokia Corp stock cost?

One share of Nokia Corp stock can currently be purchased for approximately $5.14.

Nokia Corp (NYSE:NOK) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Nokia Corp (NYSE:NOK)

Earnings History Chart

Earnings by Quarter for Nokia Corp (NYSE:NOK)

Dividend History Chart

Dividend Payments by Quarter for Nokia Corp (NYSE:NOK)

Last Updated on 2/25/2017 by MarketBeat.com Staff