NYSE:NOKNokia Oyj Stock Price, Forecast & News

$4.32

-0.05 (-1.14 %)

(As of 06/4/2020 09:45 AM ET)

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Today's Range

$4.29

Now: $4.32▼

$4.33

50-Day Range

$3.23

MA: $3.61▼

$4.31

52-Week Range

$2.34

Now: $4.32▼

$5.77

Volume14,755 shs

Average Volume21.08 million shs

Market Capitalization$24.24 billion

P/E Ratio61.71

Dividend Yield1.05%

Beta0.56

Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals, including public safety and Internet of Things (IoT). It also offers fixed networking solutions, such as copper based solutions; fiber technology solutions, including gigabit passive optical networks, Ethernet point-to-point, and 10 gigabit next generation fiber technologies; and fiber access products, solutions, and services. In addition, the company provides network infrastructure and implementation, care, and professional services comprising network planning and optimization, and systems integration services for mobile networks; and managed 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. 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 CommScope Holding Company, Inc. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
Nokia Oyj has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.60, Nokia Oyj has a potential upside of 6.5% from its current price of $4.32.
Amount of Analyst Coverage
Nokia Oyj has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Nokia Oyj has received 894 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Nokia Oyj has received 1,143 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Nokia Oyj has received 56.11% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Nokia Oyj is a leading dividend payer. It pays a dividend yield of 1.05%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Nokia Oyj has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Nokia Oyj is 20.00 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Nokia Oyj will have a dividend payout ratio of 15.15 % next year. This indicates that Nokia Oyj will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nokia Oyj insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 4.50% of the stock of Nokia Oyj is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Nokia Oyj are expected to grow by 37.50% in the coming year, from $0.24 to $0.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nokia Oyj is 61.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nokia Oyj is 61.71, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.83.
Price to Earnings Growth Ratio
Nokia Oyj has a PEG Ratio of 1.34. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Nokia Oyj has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.84 out of 5 stars

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

CIK924613

Webwww.nokia.com

Phone358 0 10 44 88 000

Debt

Debt-to-Equity Ratio0.30

Current Ratio1.37

Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio61.71

Forward P/E Ratio18.00

P/E Growth1.34

Sales & Book Value

Annual Sales$26.12 billion

Price / Sales0.93

Cash Flow$0.57 per share

Price / Cash Flow7.56

Book Value$3.08 per share

Price / Book1.40

Profitability

EPS (Most Recent Fiscal Year)$0.25

Net Income$7.84 million

Net Margins1.43%

Return on Equity9.14%

Return on Assets3.50%

Miscellaneous

Employees98,322

Outstanding Shares5,610,430,000

Market Cap$24.24 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Nokia Oyj (NYSE:NOK) Frequently Asked Questions

How has Nokia Oyj's stock been impacted by COVID-19 (Coronavirus)?

Nokia Oyj's stock was trading at $3.13 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NOK stock has increased by 38.0% and is now trading at $4.32. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Nokia Oyj?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nokia Oyj in the last year. There are currently 4 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nokia Oyj.

When is Nokia Oyj's next earnings date?

Nokia Oyj is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Nokia Oyj.

How were Nokia Oyj's earnings last quarter?

Nokia Oyj (NYSE:NOK) issued its quarterly earnings data on Thursday, April, 30th. The technology company reported $0.01 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.01. The technology company earned $5.42 billion during the quarter, compared to analyst estimates of $5.78 billion. Nokia Oyj had a return on equity of 9.14% and a net margin of 1.43%. View Nokia Oyj's earnings history.

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

Nokia Oyj issued an update on its FY20 earnings guidance on Thursday, April, 30th. The company provided EPS guidance of €0.19-0.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.23.

What price target have analysts set for NOK?

15 Wall Street analysts have issued 12-month price targets for Nokia Oyj's stock. Their forecasts range from $2.90 to $6.00. On average, they expect Nokia Oyj's stock price to reach $4.60 in the next year. This suggests a possible upside of 6.5% from the stock's current price. View analysts' price targets for Nokia Oyj.

Has Nokia Oyj been receiving favorable news coverage?

News stories about NOK stock have trended somewhat negative on Thursday, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nokia Oyj earned a news impact score of -1.9 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an effect on the company's share price in the near term. View the latest news aboutNokia Oyj.

Are investors shorting Nokia Oyj?

Nokia Oyj saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 26,210,000 shares, an increase of 45.2% from the April 30th total of 18,050,000 shares. Based on an average daily trading volume, of 34,820,000 shares, the short-interest ratio is currently 0.8 days. Currently, 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?

Some companies that are related to Nokia Oyj include QUALCOMM (QCOM), NTT Docomo (DCMYY), Telefonaktiebolaget LM Ericsson (ERIC), Motorola Solutions (MSI), Ubiquiti (UI), Echostar (SATS), ViaSat (VSAT), Commscope (COMM), Maxar Technologies (MAXR), Harmonic (HLIT), Comtech Telecomm. (CMTL), Gilat Satellite Networks (GILT), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA) and Sierra Wireless (SWIR). View all competitors.

What other stocks do shareholders of Nokia Oyj own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nokia Oyj investors own include Advanced Micro Devices (AMD), AT&T (T), NVIDIA (NVDA), Telefonaktiebolaget LM Ericsson (ERIC), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), Cisco Systems (CSCO), General Electric (GE) and Alibaba Group (BABA).

Who are Nokia Oyj's key executives?

Nokia Oyj's management team includes the following people:

Mr. Rajeev Suri, Pres & CEO (Age 52)
Mr. Kristian Pullola, Chief Financial Officer (Age 46)
Mr. Joerg Erlemeier, Chief Operating Officer (Age 54)
Dr. Marcus Weldon, Corp. CTO & Pres of Nokia Bell Labs (Age 51)
Matt Shimao, Head of Investor Relations

What is Nokia Oyj's stock symbol?

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

Who are Nokia Oyj's major shareholders?

Nokia Oyj's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (0.51%), Alliancebernstein L.P. (0.16%), Morgan Stanley (0.10%), JPMorgan Chase & Co. (0.07%), Parametric Portfolio Associates LLC (0.05%) and Bogle Investment Management L P DE (0.04%).

Which institutional investors are selling Nokia Oyj stock?

NOK stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Primecap Management Co. CA, JPMorgan Chase & Co., Two Sigma Securities LLC, BLB&B Advisors LLC, Patten & Patten Inc. TN, CWM LLC, and Dynamic Technology Lab Private Ltd.

Which institutional investors are buying Nokia Oyj stock?

NOK stock was acquired by a variety of institutional investors in the last quarter, including Bogle Investment Management L P DE, Two Sigma Investments LP, Two Sigma Advisers LP, TSP Capital Management Group LLC, BNP Paribas Arbitrage SA, Managed Asset Portfolios LLC, Raymond James & Associates, and Parametric Portfolio Associates 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, Robinhood, Fidelity, and Charles Schwab.

What is Nokia Oyj's stock price today?

One share of NOK stock can currently be purchased for approximately $4.32.

How big of a company is Nokia Oyj?

Nokia Oyj has a market capitalization of $24.24 billion and generates $26.12 billion in revenue each year. The technology company earns $7.84 million in net income (profit) each year or $0.25 on an earnings per share basis. Nokia Oyj employs 98,322 workers across the globe.

What is Nokia Oyj's official website?

The official website for Nokia Oyj is www.nokia.com.

How can I contact Nokia Oyj?

Nokia Oyj's mailing address is KARAKAARI 7, ESPOO H9, 02610. The technology company can be reached via phone at 358 0 10 44 88 000 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff