OTCMKTS:MIELF

Mitsubishi Electric (MIELF) Stock Price, News & Analysis

$17.59
-1.10 (-5.88%)
(As of 05/9/2024 05:37 PM ET)
Today's Range
$17.59
$17.59
50-Day Range
$15.55
$18.69
52-Week Range
$10.99
$18.70
Volume
282 shs
Average Volume
824 shs
Market Capitalization
$37.77 billion
P/E Ratio
18.71
Dividend Yield
2.27%
Price Target
N/A
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

Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Nissan and Mitsubishi eye mobility
Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Mitsubishi Electric Corp 6503
Mitsubishi Electric Corp (6503)
MIELF Mitsubishi Electric Corporation
See More Headlines
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Company Calendar

Last Earnings
4/26/2024
Today
5/10/2024

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
2,147,200,000
Free Float
N/A
Market Cap
$37.77 billion
Optionable
Not Optionable
Beta
0.65

Social Links

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Key Executives

  • Mr. Kei Uruma (Age 65)
    Representative Executive Officer, President, CEO & Director
    Comp: $1.06M
  • Mr. Tadashi Matsumoto (Age 66)
    Representative Executive Officer and Executive VP Life Business Area Owner & Export Control
    Comp: $489.52k
  • Mr. Kuniaki Masuda (Age 60)
    Executive Officer, CFO & Director
  • Mr. Kunihiko Kaga (Age 60)
    Representative Executive Officer, Senior VP of Industry & Mobility Business Area Owner & CTO
  • Eiichiro Mitani (Age 63)
    Executive Officer, CIO, Group President of Information Systems & Network Service
  • Mr. Yoji Saito (Age 64)
    CMO & Executive Officer
  • Yasunari Abe (Age 58)
    Executive Officer & CHRO
  • Atsuhiro Yabu (Age 64)
    Group President of Automotive Equipment & Executive Officer
  • Mr. Satoshi Kusakabe (Age 64)
    Executive Officer & Chief Risk Management Officer
  • Tomonori Sato (Age 57)
    Executive Officer & Group President of Defense and Space Systems

MIELF Stock Analysis - Frequently Asked Questions

How have MIELF shares performed in 2024?

Mitsubishi Electric's stock was trading at $14.4020 at the start of the year. Since then, MIELF stock has increased by 22.1% and is now trading at $17.5920.
View the best growth stocks for 2024 here
.

Are investors shorting Mitsubishi Electric?

Mitsubishi Electric saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,694,900 shares, an increase of 31.0% from the March 31st total of 2,056,500 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 3,849.9 days.
View Mitsubishi Electric's Short Interest
.

How were Mitsubishi Electric's earnings last quarter?

Mitsubishi Electric Co. (OTCMKTS:MIELF) announced its quarterly earnings data on Friday, April, 26th. The company reported $0.32 earnings per share for the quarter. The firm had revenue of $9.94 billion for the quarter.

Is Mitsubishi Electric a good dividend stock?

Mitsubishi Electric (OTCMKTS:MIELF) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.49%. The dividend payout ratio is 42.55%. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 5/10/2024 by MarketBeat.com Staff

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