Toyota Motor (TM) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Toyota Motor in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TM, but not buy additional shares or sell existing shares.
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Toyota Motor's stock was trading at $136.58 at the start of the year. Since then, TM stock has increased by 37.6% and is now trading at $187.94.
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Toyota Motor saw a decline in short interest in the month of August. As of August 15th, there was short interest totaling 701,500 shares, a decline of 25.8% from the July 31st total of 945,300 shares. Based on an average daily volume of 311,500 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.1% of the company's shares are short sold.
View Toyota Motor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our TM earnings forecast.

Toyota Motor Co. (NYSE:TM) announced its quarterly earnings results on Tuesday, August, 1st. The company reported $7.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.92 by $3.13. The firm had revenue of $76.85 billion for the quarter, compared to analyst estimates of $69.98 billion. Toyota Motor had a net margin of 7.70% and a trailing twelve-month return on equity of 10.31%.

ETFs with the largest weight of Toyota Motor (NYSE:TM) stock in their portfolio include Altrius Global Dividend ETF (DIVD), Amplify International Enhanced Dividend Income ETF (IDVO), Avantis International Large Cap Value ETF (AVIV), Pacer Trendpilot International ETF (PTIN), ActivePassive International Equity ETF (APIE), SPDR S&P Kensho Smart Mobility ETF (HAIL), Avantis Responsible International Equity ETF (AVSD) and Goldman Sachs MarketBeta Total International Equity ETF (GXUS).

Toyota Motor (NYSE:TM) pays an annual dividend of $4.45 per share and currently has a dividend yield of 2.36%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TM will have a dividend payout ratio of 22.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TM.

Toyota Motor issued an update on its FY 2024 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $1.52-$1.52 for the period. The company issued revenue guidance of $304.00 billion-$304.00 billion.

371 employees have rated Toyota Motor Chief Executive Officer Akio Toyoda on Glassdoor.com. Akio Toyoda has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Toyota Motor investors own include Alibaba Group (BABA), NVIDIA (NVDA), Tesla (TSLA), Intel (INTC), Walt Disney (DIS), Johnson & Johnson (JNJ), QUALCOMM (QCOM), General Motors (GM), AT&T (T) and Ford Motor (F).

Toyota Motor trades on the New York Stock Exchange (NYSE) under the ticker symbol "TM."

Toyota Motor's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.00%), BlackRock Inc. (0.05%), Northern Trust Corp (0.04%), Wilkinson Global Asset Management LLC (0.00%), Dimensional Fund Advisors LP (0.00%) and Stifel Financial Corp (0.02%).
View institutional ownership trends.

Shares of TM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TM stock can currently be purchased for approximately $187.94.

Toyota Motor (NYSE:TM) has a market capitalization of $254.62 billion and generates $275.02 billion in revenue each year. The company earns $18.14 billion in net income (profit) each year or $16.20 on an earnings per share basis.

The company employs 375,235 workers across the globe.

Toyota Motor's mailing address is 1 TOYOTA CHO AICHI PREFECTURE, TOYOTA M0, 471-8571. The official website for the company is global.toyota. The company can be reached via phone at (156) 528-2121 or via fax at 815-6523-5800.