Toyota Motor (TM) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Toyota Motor in the last twelve months. There are currently 4 hold ratings 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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4 brokerages have issued 12-month price targets for Toyota Motor's stock. Their TM share price forecasts range from $179.41 to $2,300.00. On average, they expect the company's stock price to reach $1,239.71 in the next twelve months. This suggests a possible upside of 810.7% from the stock's current price.
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Toyota Motor's stock was trading at $136.58 at the start of the year. Since then, TM shares have decreased by 0.3% and is now trading at $136.13.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our TM earnings forecast.

Toyota Motor Co. (NYSE:TM) released its earnings results on Wednesday, May, 10th. The company reported $2.32 EPS for the quarter, missing the consensus estimate of $119.46 by $117.14. The business had revenue of $7,442.47 billion for the quarter, compared to analysts' expectations of $6,993.26 billion. Toyota Motor had a trailing twelve-month return on equity of 8.60% and a net margin of 6.61%. Toyota Motor's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $38.38 earnings per share.

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), SPDR S&P Kensho Smart Mobility ETF (HAIL), Pacer Trendpilot International ETF (PTIN), Avantis International Large Cap Value ETF (AVIV), FIS Biblically Responsible Risk Managed ETF (PRAY), Avantis Responsible International Equity ETF (AVSD) and First Trust Value Line Dividend Index Fund (FVD).

Toyota Motor (NYSE:TM) pays an annual dividend of $3.12 per share and currently has a dividend yield of 2.23%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TM will have a dividend payout ratio of 19.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TM.

Toyota Motor updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share 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 many different retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.00%), Bank of America Corp DE (0.00%), Bank of New York Mellon Corp (0.00%), BlackRock Inc. (0.00%), Ameriprise Financial Inc. (0.04%) and First Trust Advisors LP (0.04%).
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 $136.13.

The company employs 372,817 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.