Nokia Oyj Company Profile (NYSE:NOK)

About Nokia Oyj (NYSE:NOK)

Nokia Oyj logoNokia Corporation is engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Symbol: NYSE:NOK
  • CUSIP: N/A
  • Web: www.nokia.com
Capitalization:
  • Market Cap: $36.31 billion
  • Outstanding Shares: 5,682,752,000
Average Prices:
  • 50 Day Moving Avg: $5.71
  • 200 Day Moving Avg: $5.07
  • 52 Week Range: $4.04 - $6.65
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.36
  • P/E Growth: 1.04
Sales & Book Value:
  • Annual Revenue: $25.61 billion
  • Price / Sales: 1.42
  • Book Value: $3.72 per share
  • Price / Book: 1.72
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 2.9%
Profitability:
  • EBIDTA: $2.6 billion
  • 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%
Misc:
  • Average Volume: 14.77 million shs.
  • Beta: 1.44
  • Short Ratio: 2.93
 

Frequently Asked Questions for Nokia Oyj (NYSE:NOK)

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 dividend on Thursday, March 30th. Shareholders 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 Oyj's Dividend History.

How were Nokia Oyj's earnings last quarter?

Nokia Oyj (NYSE:NOK) announced its earnings results on Thursday, April, 27th. The company reported $0.03 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.01. The firm earned $5.39 billion during the quarter, compared to analysts' expectations of $5.33 billion. Nokia Oyj had a negative net margin of 2.96% and a positive return on equity of 6.17%. The business's revenue was down 3.8% on a year-over-year basis. During the same period last year, the business posted $0.03 earnings per share. View Nokia Oyj's Earnings History.

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

17 analysts have issued 12 month price objectives for Nokia Oyj's stock. Their predictions range from $4.25 to $60.00. On average, they anticipate Nokia Oyj's stock price to reach $11.01 in the next twelve months. View Analyst Ratings for Nokia Oyj.

What are analysts saying about Nokia Oyj stock?

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

  • 1. According to Zacks Investment Research, "Shares of Nokia have underperformed the Zacks-categorized 'Wireless-Equipment' industry over the last one year. This is mainly due to the below-par performance of its primary division– the Networks unit. The company reported lower-than-expected earnings and revenues in the first quarter of 2017. This disappointing performance by the flagship Nokia Networks’ division was primarily due to weakness in the IP/Optical Networks and Fixed Networks subgroup. Nokia expects net sales in its networks division to decline in 2017 due to the declining wireless infrastructure market, among other headwinds. 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." (5/1/2017)
  • 2. 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)

Are investors shorting Nokia Oyj?

Nokia Oyj saw a drop in short interest during the month of April. As of April 28th, there was short interest totalling 25,364,994 shares, a drop of 17.0% from the April 13th total of 30,567,864 shares. Based on an average daily volume of 22,318,080 shares, the short-interest ratio is presently 1.1 days.

Who are some of Nokia Oyj's key competitors?

Who owns Nokia Oyj stock?

Nokia Oyj's stock is owned by many different of retail and institutional investors. Top institutional investors include Levin Capital Strategies L.P. (0.84%), Ariel Investments LLC (0.57%), Alliancebernstein L.P. (0.37%), Folketrygdfondet (0.27%), Wellington Management Group LLP (0.21%) and Brandes Investment Partners LP (0.20%). View Institutional Ownership Trends for Nokia Oyj.

Who sold Nokia Oyj stock? Who is selling Nokia Oyj stock?

Nokia Oyj's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Levin Capital Strategies L.P., Folketrygdfondet, Russell Investments Group Ltd., Bank of America Corp DE, JPMorgan Chase & Co., Credit Suisse AG and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling for Nokia Oyj.

Who bought Nokia Oyj stock? Who is buying Nokia Oyj stock?

Nokia Oyj's stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Stelliam Investment Management LP, Ariel Investments LLC, TCW Group Inc., Wellington Management Group LLP, Ameriprise Financial Inc., Karp Capital Management Corp and FMR LLC. View Insider Buying and Selling for Nokia Oyj.

How do I buy Nokia Oyj stock?

Shares of Nokia Oyj 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 Oyj stock cost?

One share of Nokia Oyj stock can currently be purchased for approximately $6.39.

Analyst Ratings

Consensus Ratings for Nokia Oyj (NYSE:NOK) (?)
Ratings Breakdown: 2 Sell Ratings, 7 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.35)
Consensus Price Target: $11.01 (72.36% upside)

Analysts' Ratings History for Nokia Oyj (NYSE:NOK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Canaccord GenuityReiterated RatingHold$6.00LowView Rating Details
4/27/2017Oppenheimer Holdings Inc.Reiterated RatingHoldLowView Rating Details
4/27/2017BMO Capital MarketsReiterated RatingHold$5.00HighView Rating Details
2/21/2017Craig HallumInitiated CoverageBuy$5.83 -> $7.50N/AView Rating Details
2/13/2017Charter EquityUpgradeUnderperform -> Market PerformN/AView Rating Details
2/7/2017Morgan StanleyUpgradeEqual Weight -> Overweight$4.75 -> $4.87N/AView Rating Details
1/25/2017DanskeDowngradeHold -> SellN/AView Rating Details
1/13/2017Bank of America CorpDowngradeSellN/AView Rating Details
1/13/2017NatixisUpgradeNeutral -> BuyN/AView Rating Details
1/10/2017Barclays PLCReiterated RatingBuyN/AView Rating Details
12/23/2016JPMorgan Chase & Co.Reiterated RatingOverweightN/AView Rating Details
12/15/2016Goldman Sachs Group IncReiterated RatingBuy$5.80N/AView Rating Details
11/19/2016Wells Fargo & CoReiterated RatingMarket Perform$4.75 -> $4.25N/AView Rating Details
11/15/2016Credit Suisse Group AGReiterated RatingOutperform$60.00N/AView Rating Details
10/28/2016Exane BNP ParibasDowngradeOutperform -> NeutralN/AView Rating Details
8/15/2016ArgusReiterated RatingBuy$10.00N/AView Rating Details
5/11/2016MKM PartnersLower Price TargetNeutral$6.75 -> $5.75N/AView Rating Details
5/6/2016Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformN/AView Rating Details
4/15/2016Sanford C. BernsteinReiterated RatingOutperform$10.35N/AView Rating Details
4/9/2016Nordea Equity ResearchUpgradeBuyN/AView Rating Details
2/23/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
2/13/2016Liberum CapitalReiterated RatingBuyN/AView Rating Details
8/3/2015KeyCorpReiterated RatingEqual WeightN/AView Rating Details
8/3/2015Pacific CrestReiterated RatingEqual WeightN/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Nokia Oyj (NYSE:NOK)
Earnings by Quarter for Nokia Oyj (NYSE:NOK)
Earnings History by Quarter for Nokia Oyj (NYSE:NOK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/20173/31/2017$0.04$0.03$5.33 billion$5.39 billionViewN/AView Earnings Details
2/2/2017Q416$0.08$0.13$7.35 billion$6.72 billionViewListenView Earnings Details
10/27/2016Q316$0.05$0.05$5.84 billion$6.00 billionViewListenView Earnings Details
8/4/2016Q216$0.04$0.03$5.80 billion$5.58 billionViewN/AView Earnings Details
5/10/2016Q116$0.03$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$0.10$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$0.11$3.74 billion$3.80 billionViewN/AView Earnings Details
10/23/2014Q314$0.08$0.11$3.01 billion$3.32 billionViewListenView Earnings Details
7/24/2014Q214$0.07$0.08$3.91 billion$2.94 billionViewN/AView Earnings Details
4/29/2014Q114$0.04$0.06$4.00 billion$3.69 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 Oyj (NYSE:NOK)
2017 EPS Consensus Estimate: $0.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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 20172$0.10$0.14$0.12
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nokia Oyj (NYSE:NOK)
Next Dividend:6/9/2017
Annual Dividend:$0.20
Dividend Yield:3.13%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-142.85% (Trailing 12 Months of Earnings)
86.96% (Based on This Year's Estimates)
60.61% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Nokia Oyj (NYSE:NOK)

Dividend History by Quarter for Nokia Oyj (NYSE:NOK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/30/2017$0.185/23/20175/26/20176/9/2017
4/3/2017annual$0.183.4%5/24/20175/26/20176/14/2017
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 Oyj (NYSE:NOK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Nokia Oyj (NYSE:NOK)
Latest Headlines for Nokia Oyj (NYSE:NOK)
Source:
DateHeadline
finance.yahoo.com logoApple And Nokia Are Once More 'Best Friends Forever'
finance.yahoo.com - May 24 at 10:26 AM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Nokia and BlackBerry
finance.yahoo.com - May 24 at 10:26 AM
finance.yahoo.com logoNokia (NOK) Shows Strength: Stock Adds 5.3% in Session
finance.yahoo.com - May 24 at 10:26 AM
finance.yahoo.com logoNokia (NOK) at 52-Week High on Dispute Settlement with Apple
finance.yahoo.com - May 24 at 10:26 AM
finance.yahoo.com logo[$$] Nokia Uses Lawsuit To Make Apple Its Friend
finance.yahoo.com - May 23 at 6:23 PM
finance.yahoo.com logoNokia Jumps 6%: Apple Deal a Mixed Bag, Says Street
finance.yahoo.com - May 23 at 6:23 PM
finance.yahoo.com logoNokia's stock jumps to 16-month high after settlement deal with Apple
finance.yahoo.com - May 23 at 6:23 PM
finance.yahoo.com logo[$$] Nokia Benefits More Than Apple in Settlement
finance.yahoo.com - May 23 at 6:23 PM
investorplace.com logoHow Nokia Oyj (ADR) (NOK) Stock Can Jump Another 50%
investorplace.com - May 23 at 11:49 AM
bloomberg.com logoEuropean Stocks Climb as Economic Data Lift Cyclical Companies
www.bloomberg.com - May 23 at 10:12 AM
finance.yahoo.com logoApple and Nokia settle patent dispute and sign new deal
finance.yahoo.com - May 23 at 10:12 AM
finance.yahoo.com logoNokia and Apple are exploring working on health tech together after settling patent dispute
finance.yahoo.com - May 23 at 10:12 AM
finance.yahoo.com logoApple and Nokia Bury the Hatchet
finance.yahoo.com - May 23 at 10:12 AM
finance.yahoo.com logo[$$] Nokia's Venture Arm Values Autonomy From Parent
finance.yahoo.com - May 23 at 10:12 AM
finance.yahoo.com logoApple and Nokia settle patent licensing lawsuit
finance.yahoo.com - May 23 at 10:12 AM
finance.yahoo.com logo[$$] Nokia and Apple Move From Courtroom Foes to Business Partners
finance.yahoo.com - May 23 at 10:12 AM
finance.yahoo.com logoNokia Settles Intellectual Dispute With Apple
finance.yahoo.com - May 23 at 10:12 AM
finance.yahoo.com logoTargets for a better tomorrow - Nokia publishes its People & Planet Report for 2016
finance.yahoo.com - May 22 at 9:54 AM
finance.yahoo.com logoNew Nokia 9 Leaks Reveal Stunning Hardware
finance.yahoo.com - May 22 at 9:54 AM
finance.yahoo.com logoNokia 3310 Review: Selling Nostalgia For Fun And Profit
finance.yahoo.com - May 20 at 11:31 PM
finance.yahoo.com logoETFs with exposure to Nokia Oyj : May 19, 2017
finance.yahoo.com - May 19 at 7:23 PM
investorplace.com logoNokia Oyj (ADR) (NOK) Stock Is Smart for Income Investors
investorplace.com - May 19 at 2:18 PM
finance.yahoo.com logo[$$] Apple's Nokia Suit More Pressing Than Qualcomm
finance.yahoo.com - May 19 at 11:37 AM
americanbankingnews.com logoNokia Oyj (NOK) to Issue Dividend of $0.18
www.americanbankingnews.com - May 18 at 10:28 AM
finance.yahoo.com logoNetwork slicing the next step to automated networks: Nokia
finance.yahoo.com - May 18 at 8:07 AM
feeds.benzinga.com logoNokia and China Huaxin sign definitive agreements for creation of new Nokia Shanghai Bell joint venture
feeds.benzinga.com - May 18 at 3:32 AM
finance.yahoo.com logoNew Nokia Leaks Reveal Secret Smartphones
finance.yahoo.com - May 17 at 6:48 PM
investorplace.com logoShould You Buy Nokia Oyj (ADR) (NOK) Stock? 3 Pros, 3 Cons
investorplace.com - May 17 at 2:23 PM
finance.yahoo.com logoNokia, Finnish State Security Networks Group and Telia Finland trial prioritization of public safety traffic over LTE networks
finance.yahoo.com - May 17 at 8:56 AM
investorplace.com logoStay Married to Nokia Oyj (ADR) (NOK) Stock
investorplace.com - May 16 at 11:46 AM
finance.yahoo.com logoNokia enhances emergency service response times and situational awareness with ViTrust critical communications portfolio
finance.yahoo.com - May 16 at 10:12 AM
finance.yahoo.com logoNokia bolsters software offering with increased intelligence to improve digital customer care and drive new service provider revenue streams
finance.yahoo.com - May 15 at 10:09 AM
americanbankingnews.com logoShort Interest in Nokia Oyj (NOK) Decreases By 17.0%
www.americanbankingnews.com - May 15 at 7:38 AM
americanbankingnews.com logoNokia Oyj (NOK) Expected to Post Quarterly Sales of $5.98 Billion
www.americanbankingnews.com - May 13 at 9:24 AM
finance.yahoo.com logoNokia and KDDI trial 5G with AirScale radio for wireless ultra-broadband in megacities
finance.yahoo.com - May 12 at 8:01 AM
americanbankingnews.com logoNokia Oyj (NOK) Expected to Announce Earnings of $0.04 Per Share
www.americanbankingnews.com - May 11 at 8:06 AM
finance.yahoo.com logoNuage Networks SD-WAN solutions selected to transform business service offerings of Telefónica
finance.yahoo.com - May 10 at 12:03 PM
finance.yahoo.com logoNokia joins 'Smart Tampere' initiative to help bring smart city services to one of Finland's largest municipalities
finance.yahoo.com - May 9 at 11:30 AM
finance.yahoo.com logoETFs with exposure to Nokia Oyj : May 8, 2017
finance.yahoo.com - May 8 at 6:20 PM
americanbankingnews.com logoCanaccord Genuity Reaffirms Hold Rating for Nokia Oyj (NOK)
www.americanbankingnews.com - May 5 at 11:26 PM
finance.yahoo.com logoNokia plans to sell its undersea cables division: sources
finance.yahoo.com - May 5 at 7:07 PM
finance.yahoo.com logoNokia Oyj :NOK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 7:07 PM
finance.yahoo.com logoNokia to cut up to 200 jobs more in Finland on weaker demand
finance.yahoo.com - May 4 at 11:19 AM
americanbankingnews.com logoNokia Oyj (NOK) Lowered to Hold at Vetr Inc.
www.americanbankingnews.com - May 4 at 1:17 AM
americanbankingnews.com logoVetr Inc. Downgrades Nokia Oyj (NOK) to Hold
www.americanbankingnews.com - May 4 at 1:16 AM
americanbankingnews.com logoNokia Oyj (NOK) Given Coverage Optimism Rating of 0.28
www.americanbankingnews.com - May 4 at 1:15 AM
bloomberg.com logoQualcomm Said to Seek U.S. Import Ban for iPhones
www.bloomberg.com - May 3 at 5:52 PM
finance.yahoo.com logoHow Analysts View Nokia
finance.yahoo.com - May 3 at 5:52 PM
finance.yahoo.com logoNokia plans to sell its undersea cables division -sources
finance.yahoo.com - May 3 at 5:52 PM
bloomberg.com logoEricsson Cut to Junk as Moody’s Sees Risks in CEO’s Strategy
www.bloomberg.com - May 3 at 8:55 AM

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Chart

Nokia Oyj (NOK) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff