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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
Stock AnalysisChartEarningsHeadlinesShort Interest

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

See Top Rated MarketRank™ Stocks Here

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

November 27, 2023 | finance.yahoo.com
Mitsubishi Electric Partners with Software Developer ModuleWorks
November 15, 2023 | morningstar.com
Mitsubishi Electric Corp MIELF
December 1, 2023 | Wealthpress (Ad)
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November 15, 2023 | nasdaq.com
Mitsubishi Electric Announces Execution Of Company Split Agreement - Quick Facts
November 15, 2023 | finance.yahoo.com
Update on Disclosed Matter: Mitsubishi Electric’s Execution of the Company-split Agreement to Transfer Automotive-equipment Business to Newly Incorporated Subsidiary as Part of Restructuring
November 13, 2023 | finance.yahoo.com
Mitsubishi Electric and Nexperia to Partner in Joint SiC Power Semiconductors Development
November 9, 2023 | finance.yahoo.com
Mitsubishi Electric to Issue Green Bonds for First Time
November 1, 2023 | benzinga.com
Mitsubishi Electric's Aluminum Vertical Flat Tube Design Improves Heat Exchanger Performance by an Unprecedented 40%
December 1, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
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November 1, 2023 | finance.yahoo.com
Mitsubishi Electric and Visual Components Form JV for 3D Simulators
November 1, 2023 | finance.yahoo.com
Mitsubishi Electric’s Aluminum Vertical Flat Tube Design Improves Heat Exchanger Performance by an Unprecedented 40%
October 31, 2023 | businesswire.com
Mitsubishi Electric Trane HVAC US Introduces the Simple Ductless Wired Controller
October 31, 2023 | finance.yahoo.com
Update on Disclosed Matter: Mitsubishi Electric to Transfer Automotive-equipment Business to New Subsidiary as Part of Restructuring
October 26, 2023 | finance.yahoo.com
Mitsubishi Electric Joins UN’s 24/7 Carbon Free Energy Compact
October 23, 2023 | finance.yahoo.com
Mitsubishi Electric Plays Lead Role in Drafting 2023 IEC White Paper
October 11, 2023 | msn.com
Mitsubishi Off-Road Minivan Teased For Japan Mobility Show Debut
October 10, 2023 | reuters.com
Japan's Denso, Mitsubishi Electric to invest $1 bln in Coherent's silicon carbide unit
October 10, 2023 | msn.com
Coherent Stock Soars As Mitsubishi Electric, DENSO Pour In $1B - Here's More
October 10, 2023 | finance.yahoo.com
Mitsubishi Electric to Invest in Coherent’s New SiC Business
October 3, 2023 | tmcnet.com
Mitsubishi Power Selected to Supply Second Advanced Class Gas Turbine to Oklahoma's Grand River Energy Center
October 2, 2023 | msn.com
The Mitsubishi With the Highest Annual Maintenance Costs Isn’t a Hybrid or EV
October 2, 2023 | msn.com
Mitsubishi Electric wins order for frequency converter station that stabilizes power grid
October 2, 2023 | markets.businessinsider.com
Mitsubishi Electric To Supply 300MW VSC HVDC Transmission For Frequency Converter Station In Japan
October 2, 2023 | finance.yahoo.com
Mitsubishi Electric Receives Order for Frequency Converter Station that Stabilizes Power Grid across Different Frequencies
September 28, 2023 | msn.com
Mitsubishi Will Stop Making Cars In China: Report
September 27, 2023 | msn.com
Mitsubishi to exit from China production
September 27, 2023 | msn.com
Mitsubishi Motors to exit from China production - Nikkei
See More Headlines
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Company Calendar

Last Earnings
10/31/2023
Today
12/01/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Industry
Electrical Equipment & Parts
Sub-Industry
N/A
Sector
Industrials
Current Symbol
OTCMKTS:MIELF
CUSIP
N/A
CIK
N/A
Web
www.mitsubishielectric.com
Phone
(133) 218-2111
Fax
N/A
Employees
149,655
Year Founded
1921

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
15.28
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

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

Social Links

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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

Key Competitors

View All Competitors

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..
Read More
This page (OTCMKTS:MIELF) was last updated on 12/1/2023 by MarketBeat.com Staff

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