KONE Oyj - KNYJY Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KONE Oyj in the last year. There are currently 3 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KNYJY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KNYJY, but not buy additional shares or sell existing shares.
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11 brokerages have issued 1 year price objectives for KONE Oyj's shares. Their KNYJY share price forecasts range from $35.00 to $60.00. On average, they expect the company's share price to reach $48.50 in the next twelve months. This suggests a possible upside of 92.3% from the stock's current price.
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KONE Oyj's stock was trading at $25.83 at the beginning of 2023. Since then, KNYJY shares have decreased by 2.4% and is now trading at $25.22.
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KONE Oyj saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 1,700 shares, a drop of 59.5% from the February 28th total of 4,200 shares. Based on an average daily trading volume, of 31,700 shares, the days-to-cover ratio is currently 0.1 days.
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KONE Oyj (OTCMKTS:KNYJY) announced its quarterly earnings results on Thursday, January, 26th. The company reported $0.27 EPS for the quarter. The business had revenue of $2.97 billion for the quarter. KONE Oyj had a net margin of 7.07% and a trailing twelve-month return on equity of 29.34%.

KONE Oyj announced a dividend on Tuesday, February 28th. Shareholders of record on Thursday, March 2nd will be paid a dividend of $0.5703 per share on Friday, March 24th. This represents a dividend yield of 2.19%. The ex-dividend date is Wednesday, March 1st.
Read our dividend analysis for KNYJY.

KONE Oyj (OTCMKTS:KNYJY) pays an annual dividend of $0.55 per share and currently has a dividend yield of 2.20%. The dividend payout ratio is 70.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNYJY will have a dividend payout ratio of 55.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KNYJY.

KONE Oyj trades on the OTCMKTS under the ticker symbol "KNYJY."

Shares of KNYJY 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 KNYJY stock can currently be purchased for approximately $25.22.

KONE Oyj (OTCMKTS:KNYJY) has a market capitalization of $26.70 billion and generates $11.49 billion in revenue each year. The company earns $816.01 million in net income (profit) each year or $0.78 on an earnings per share basis.

The company employs 63,277 workers across the globe.

KONE Oyj's mailing address is Keilasatama 3 P.O. box 7, Espoo H9, 02150. The official website for the company is www.kone.com. The company can be reached via phone at 358204751 or via fax at 3580204754496.