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

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$5.94 -0.09 (-1.49 %)
(As of 12/17/2018 02:06 AM ET)
Previous Close$5.94
Today's Range$5.89 - $6.01
52-Week Range$4.57 - $6.41
Volume17.80 million shs
Average Volume19.85 million shs
Market Capitalization$33.48 billion
P/E Ratio16.05
Dividend Yield3.30%
Beta0.62
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. It has a collaboration agreement with Filtronic; and strategic alliance with Infosys. 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
Current SymbolNYSE:NOK
Previous Symbol
CUSIPN/A
Phone3580104488000

Debt

Debt-to-Equity Ratio0.18
Current Ratio1.29
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio16.05
Forward P/E Ratio23.76
P/E Growth2.36

Sales & Book Value

Annual Sales$26.15 billion
Price / Sales1.28
Cash Flow$0.6939 per share
Price / Cash Flow8.56
Book Value$3.26 per share
Price / Book1.82

Profitability

EPS (Most Recent Fiscal Year)$0.37
Net Income$-1,688,660,000.00
Net Margins-4.12%
Return on Equity8.03%
Return on Assets3.18%

Miscellaneous

Employees101,731
Outstanding Shares5,635,550,000
Market Cap$33.48 billion
OptionableOptionable

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 announced 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 earnings results on Thursday, October, 25th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.01. The technology company earned $6.35 billion during the quarter, compared to analysts' expectations of $6.56 billion. Nokia Oyj had a negative net margin of 4.12% and a positive return on equity of 8.03%. 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, February 7th 2019. View Earnings Estimates for Nokia Oyj.

What guidance has Nokia Oyj issued on next quarter's earnings?

Nokia Oyj updated its FY 2020 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $0.42-0.48 for the period. Nokia Oyj also updated its FY 2018 guidance to $0.26-0.31 EPS.

What price target have analysts set for NOK?

14 analysts have issued 1-year target prices for Nokia Oyj's shares. Their predictions range from $5.00 to $7.50. On average, they expect Nokia Oyj's share price to reach $6.3750 in the next twelve months. This suggests a possible upside of 7.3% 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, 3 hold ratings and 8 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 maintains a leading position in mobile and fixed network infrastructure with the industry’s most complete, end-to-end portfolio of products. Nokia facilitates customers to move away from an economy-of-scale network operating model to demand-driven operations by offering easy programmability and flexible automation. The company is continuously expanding its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond primary markets. The stock has outperformed the industry in the past year on average. However, Brexit could result in higher tariff and non-tariff barriers to trade between the U.K. and the European Union, lowering its productivity. In addition, Nokia is likely to be stifled by the renegotiated deals and restrictions imposed on trade with other European Union members. Adverse foreign currency translation and lapses in sound financial management remain additional headwinds." (11/30/2018)
  • 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)

Has Nokia Oyj been receiving favorable news coverage?

News coverage about NOK stock has been trending somewhat positive on Monday, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nokia Oyj earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting Nokia Oyj?

Nokia Oyj saw a drop in short interest in November. As of November 30th, there was short interest totalling 30,062,547 shares, a drop of 10.8% from the November 15th total of 33,720,600 shares. Based on an average daily trading volume, of 14,676,228 shares, the short-interest ratio is currently 2.0 days. Approximately 0.5% of the shares of the stock are sold short. 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 a number of of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (0.96%), Alliancebernstein L.P. (0.63%), Levin Capital Strategies L.P. (0.62%), Mackenzie Financial Corp (0.57%), Folketrygdfondet (0.43%) and Russell Investments Group Ltd. (0.22%).

Which major investors are selling Nokia Oyj stock?

NOK stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Teachers Advisors LLC, Franklin Resources Inc., Miller Howard Investments Inc. NY, Wexford Capital LP, Brandes Investment Partners LP, Virtu Financial LLC and Wells Fargo & Company MN.

Which major investors are buying Nokia Oyj stock?

NOK stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Levin Capital Strategies L.P., Folketrygdfondet, Russell Investments Group Ltd., Stelliam Investment Management LP, PVG Asset Management Corp, Zweig DiMenna Associates LLC and Tocqueville Asset Management L.P..

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 $5.94.

How big of a company is Nokia Oyj?

Nokia Oyj has a market capitalization of $33.48 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:  762 (Vote Outperform)
Underperform Votes:  1,028 (Vote Underperform)
Total Votes:  1,790
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 12/17/2018 by MarketBeat.com Staff

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