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GOOGL   130.99 (-1.16%)
AMZN   146.59 (+0.34%)
TSLA   237.16 (-1.22%)
NVDA   468.88 (+0.25%)
NIO   7.15 (-1.65%)
BABA   73.04 (-2.46%)
AMD   120.51 (-0.54%)
T   16.64 (+0.42%)
F   10.46 (+1.95%)
MU   76.23 (+0.14%)
CGC   0.58 (+3.75%)
GE   123.04 (+1.02%)
DIS   91.86 (-0.90%)
AMC   6.81 (+2.41%)
PFE   29.21 (-4.14%)
PYPL   58.60 (+1.72%)
XOM   103.78 (+1.01%)

Mitsubishi Electric Stock Price, News & Analysis (OTCMKTS:MIELF)

$13.75
+0.10 (+0.73%)
(As of 11/30/2023 ET)
Compare
Today's Range
$13.67
$13.75
50-Day Range
$11.39
$14.05
52-Week Range
$9.50
$15.06
Volume
4,848 shs
Average Volume
3,390 shs
Market Capitalization
$29.52 billion
P/E Ratio
15.28
Dividend Yield
1.96%
Price Target
N/A

Mitsubishi Electric MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.12% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.87mentions of Mitsubishi Electric in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.55 out of 5 stars


MIELF stock logo

About Mitsubishi Electric Stock (OTCMKTS:MIELF)

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, large display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others. The company also provides programmable logic controllers, inverters, servomotors, hoists, magnetic switches, circuit breakers, time and power meters, uninterruptible power supply, industrial fans, computerized numerical controllers, electrical-discharge and laser processing machines, industrial robots, clutches, automotive electrical equipment, electric powertrain systems, car electronics and mechatronics, and others. In addition, it offers satellite communications and radar equipment, satellites, antennas, missile and fire control systems, broadcasting and information systems equipment, network security systems, and systems integration products; and power modules, and power modules, optical and LCD devices, and others. Further, the company provides air conditioners, chillers, showcases, compressors, refrigeration units, air-to-water heat pump boilers, ventilators, hot water supply systems, IH cooking heaters, LED bulbs, indoor lighting, LCD televisions, refrigerators, electric fans, dehumidifiers, air purifiers, vacuum cleaners, jar rice cookers, microwave ovens, and others. Additionally, it offers procurement, logistics, real estate, advertising, finance, and other services. The company was incorporated in 1921 and is headquartered in Tokyo, Japan.

MIELF Stock Price History

MIELF Stock News Headlines

Mitsubishi Electric Corp MIELF
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Mitsubishi Electric to Issue Green Bonds for First Time
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Mitsubishi to exit from China production
See More Headlines
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Company Calendar

Last Earnings
10/31/2023
Today
12/01/2023

Industry, Sector and Symbol

Industry
Electrical Equipment & Parts
Sub-Industry
N/A
Current Symbol
OTCMKTS:MIELF
CIK
N/A
Fax
N/A
Employees
149,655
Year Founded
1921

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Outstanding Shares
2,147,201,000
Free Float
N/A
Market Cap
$29.52 billion
Optionable
Not Optionable
Beta
0.69

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Key Executives

  • Mr. Kei Uruma (Age 64)
    Representative Executive Officer, President, CEO & Director
    Comp: $1.07M
  • Mr. Tadashi Matsumoto (Age 65)
    Representative Executive Officer & Senior EVP
    Comp: $494.48k
  • Mr. Kuniaki Masuda (Age 59)
    Managing Executive Officer, CFO & Director
  • Mr. Kunihiko Kaga (Age 59)
    Senior Managing Executive Officer, Chief Strategy Officer & CTO
  • Eiichiro Mitani (Age 62)
    Managing Executive Officer, CIO, Group President of Information Systems & Network Service
  • Mr. Yoji Saito (Age 63)
    CMO & Managing Executive Officer
  • Yasunari Abe (Age 57)
    Managing Executive Officer & CHRO
  • Atsuhiro Yabu (Age 63)
    Group President of Automotive Equipment & Managing Executive Officer
  • Mr. Satoshi Kusakabe (Age 63)
    Managing Executive Officer & Chief Risk Management Officer
  • Tomonori Sato (Age 56)
    Managing Executive Officer & Group President of Defense and Space Systems

Should I Buy Mitsubishi Electric Stock? MIELF Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Mitsubishi Electric was last updated on Tuesday, November 28, 2023 at 11:52 AM.

Pros

Here are some ways that investors could benefit from investing in Mitsubishi Electric Co.:

  • Mitsubishi Electric Corporation is a global leader in the development, manufacturing, and distribution of electrical and electronic equipment.
  • The company operates in multiple segments, including Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses, providing diversification and potential for growth.
  • Mitsubishi Electric offers a wide range of products, including turbine generators, power electronics equipment, motors, transformers, circuit breakers, and more, catering to various industries and markets.
  • The company has recently entered into a cooperative agreement with Evercomm to develop and market solutions that support carbon neutrality in the manufacturing sector, showcasing its commitment to sustainability and addressing the growing demand for eco-friendly solutions.
  • Investors can benefit from the potential growth opportunities in the electrical equipment and parts industry, in which Mitsubishi Electric operates.

Cons

Investors should be bearish about investing in Mitsubishi Electric Co. for these reasons:

  • Like any investment, there are risks associated with investing in Mitsubishi Electric Co., including market volatility, economic downturns, and industry-specific challenges.
  • Investors should carefully consider the financial performance and outlook of the company, including factors such as revenue growth, profitability, and debt levels.
  • It is important to monitor the competitive landscape and technological advancements in the electrical equipment and parts industry, as these factors can impact Mitsubishi Electric's market position and future prospects.
  • Investors should also consider the impact of global economic conditions and geopolitical factors on the company's operations and financial performance.
  • It is recommended to stay updated with the latest news and developments related to Mitsubishi Electric Co. to make informed investment decisions.














MIELF Stock Analysis - Frequently Asked Questions

How have MIELF shares performed in 2023?

Mitsubishi Electric's stock was trading at $9.8975 at the start of the year. Since then, MIELF shares have increased by 38.9% and is now trading at $13.75.
View the best growth stocks for 2023 here
.

Are investors shorting Mitsubishi Electric?

Mitsubishi Electric saw a drop in short interest in November. As of November 15th, there was short interest totaling 2,626,000 shares, a drop of 20.6% from the October 31st total of 3,307,100 shares. Based on an average trading volume of 27,800 shares, the short-interest ratio is currently 94.5 days.
View Mitsubishi Electric's Short Interest
.

How were Mitsubishi Electric's earnings last quarter?

Mitsubishi Electric Co. (OTCMKTS:MIELF) issued its quarterly earnings results on Tuesday, October, 31st. The company reported $0.21 EPS for the quarter. The company had revenue of $9.12 billion for the quarter.

Is Mitsubishi Electric a good dividend stock?

Mitsubishi Electric (OTCMKTS:MIELF) pays an annual dividend of $0.27 per share and currently has a dividend yield of 1.92%. The dividend payout ratio is 30.00%. This payout ratio is at a healthy, sustainable level, below 75%.

How do I buy shares of Mitsubishi Electric?

Shares of MIELF 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.
Compare Top Brokerages Here.

Does Mitsubishi Electric have any subsidiaries?
The following companies are subsidiares of Mitsubishi Electric: ASTES4, Chiyoda Mitsubishi Electric Co. Ltd., DB Seiko Co. Ltd., FA Tech Co Ltd., ICONICS, KH-Automation Projects GmbH, MELCO Hydronics & IT Cooling S.p.A., Melco Display Technology Inc., Melco Facilities Corporation, Melco Power Device Corporation, Melco Semiconductor Engineering Corporation, Melco Trading (Thailand) Co. Ltd., Meldas System Engineering Corporation, Messung Group, Mitsubishi Electric & Electronics (Shanghai) Co. Ltd., Mitsubishi Electric (Guangzhou) Compressor Co. Ltd., Mitsubishi Electric (H.K.) Ltd., Mitsubishi Electric Air Conditioning & Refrigeration Equipment Sales Co. Ltd., Mitsubishi Electric Air Conditioning & Refrigeration Systems Co. Ltd., Mitsubishi Electric Air Conditioning Systems Europe Ltd., Mitsubishi Electric Air-Conditioning & Visual Information Systems (Shanghai) Ltd., Mitsubishi Electric Asia Pte. Ltd., Mitsubishi Electric Australia Pty. Ltd., Mitsubishi Electric Automation (Hong Kong) Ltd., Mitsubishi Electric Automation Korea Co. Ltd., Mitsubishi Electric Automation Manufacturing (Changshu) Co. Ltd., Mitsubishi Electric Automotive (China) Co. Ltd., Mitsubishi Electric Automotive America Inc., Mitsubishi Electric Automotive Czech s.r.o., Mitsubishi Electric Automotive de Mexico S.A. de C.V., Mitsubishi Electric Building Techno-Service Co. Ltd., Mitsubishi Electric Business Systems Co. Ltd., Mitsubishi Electric Consumer Products (Thailand) Co. Ltd., Mitsubishi Electric Control Panel Corporation, Mitsubishi Electric Control Software Corporation, Mitsubishi Electric Dalian Industrial Products Co. Ltd., Mitsubishi Electric Engineering Co. Ltd., Mitsubishi Electric Europe B.V., Mitsubishi Electric Home Appliance Co. Ltd., Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A., Mitsubishi Electric Information Network Corporation, Mitsubishi Electric Information Systems Corporation, Mitsubishi Electric Kang Yong Watana Co. Ltd., Mitsubishi Electric Klimat Transportation Systems S.p.A, Mitsubishi Electric Life Network Co. Ltd., Mitsubishi Electric Life Service Corporation, Mitsubishi Electric Lighting Corporation, Mitsubishi Electric Living Environment Systems Corporation, Mitsubishi Electric Logistics Corporation, Mitsubishi Electric Mechatronics Engineering Corporation, Mitsubishi Electric Mechatronics Software Corporation, Mitsubishi Electric Micro-Computer Application Software Co. Ltd., Mitsubishi Electric Plant Engineering Corporation, Mitsubishi Electric Power Products Inc., Mitsubishi Electric Shanghai Electric Elevator Co. Ltd., Mitsubishi Electric System & Service Co. Ltd., Mitsubishi Electric TOKKI Systems Corporation, Mitsubishi Electric Taiwan Co. Ltd., Mitsubishi Electric Thai Auto-Parts Co. Ltd., Mitsubishi Electric Trading Corporation, Mitsubishi Electric US Inc., Mitsubishi Elevator (Thailand) Co. Ltd., Mitsubishi Elevator Asia Co. Ltd., Mitsubishi Elevator Hong Kong Co. Ltd., Mitsubishi Elevator Korea Co. Ltd., Mitsubishi Precision Co. Ltd., Mitsubishi Space Software Co. Ltd., Powerex, RYO-SA BUILWARE Co. Ltd., Ryoden Elevator Construction Ltd., Ryoko Co. Ltd., Ryowa Corporation, SETSUYO ENTERPRISE CO. LTD., SPC Electronics Corporation, Setsuyo Astec Corp., Setsuyo Astec Corporation, Shanghai Mitsubishi Electric & Shangling Air-Conditioner and Electric Appliance Co. Ltd., Siam Compressor Industry Co. Ltd., Tada Electric Co. Ltd., Taiwan Mitsubishi Elevator Co. Ltd., The Kodensha Co. Ltd., Toyo Electric Corporation, Vincotech Holdings S.a.r.l., Vincotech Holdings S.à r.l., and iPLANET Inc..
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This page (OTCMKTS:MIELF) was last updated on 12/1/2023 by MarketBeat.com Staff

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