Should I buy or sell Norsk Hydro ASA stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norsk Hydro ASA in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NHYDY shares. View NHYDY analyst ratings or view top-rated stocks .

How have NHYDY shares performed in 2023?

Norsk Hydro ASA's stock was trading at $7.53 at the beginning of 2023. Since then, NHYDY shares have decreased by 22.0% and is now trading at $5.87. View the best growth stocks for 2023 here .

Are investors shorting Norsk Hydro ASA?

Norsk Hydro ASA saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 66,000 shares, an increase of 4,976.9% from the October 31st total of 1,300 shares. Based on an average trading volume of 336,700 shares, the days-to-cover ratio is currently 0.2 days. View Norsk Hydro ASA's Short Interest .

How were Norsk Hydro ASA's earnings last quarter?

Norsk Hydro ASA (OTCMKTS:NHYDY) posted its earnings results on Tuesday, October, 24th. The industrial products company reported $0.03 earnings per share for the quarter. The industrial products company earned $4.26 billion during the quarter. Norsk Hydro ASA had a net margin of 3.20% and a trailing twelve-month return on equity of 8.72%.

How often does Norsk Hydro ASA pay dividends? What is the dividend yield for Norsk Hydro ASA?

Norsk Hydro ASA declared a dividend on Saturday, May 6th. Stockholders of record on Friday, May 12th will be paid a dividend of $0.4272 per share on Wednesday, May 31st. This represents a dividend yield of 7.47%. The ex-dividend date is Thursday, May 11th. This is a boost from the stock's previous dividend of $0.11. Read our dividend analysis for NHYDY .

Is Norsk Hydro ASA a good dividend stock?

Norsk Hydro ASA (OTCMKTS:NHYDY) pays an annual dividend of $0.41 per share and currently has a dividend yield of 6.74%. NHYDY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 141.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NHYDY will have a dividend payout ratio of 85.42% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NHYDY .

How do I buy shares of Norsk Hydro ASA?

Shares of NHYDY 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 .

Norsk Hydro ASA Stock Price, News & Analysis (OTCMKTS:NHYDY)

$5.79

-0.08 (-1.36%)

(As of 11/30/2023 ET)

Compare

Today's Range: $5.76
▼
$5.83
50-Day Range: $5.11
▼
$6.25
52-Week Range: $5.09
▼
$8.60

Volume: 103,170 shs
Average Volume: 159,742 shs
Market Capitalization: $11.80 billion

P/E Ratio: 19.97
Dividend Yield: 7.08%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines Short Interest

Norsk Hydro ASA MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 26.32%
From $0.38 to $0.48 Per Share

Overall MarketRank^™

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

1.70 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Norsk Hydro ASA.

3.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Norsk Hydro ASA have been sold short.
Short Interest Ratio / Days to Cover
Norsk Hydro ASA has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Norsk Hydro ASA has recently increased by 4,976.92%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Norsk Hydro ASA is a leading dividend payer. It pays a dividend yield of 6.74%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Norsk Hydro ASA does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Norsk Hydro ASA is 141.38%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Norsk Hydro ASA will have a dividend payout ratio of 85.42% in the coming year. This indicates that Norsk Hydro ASA may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NHYDY.

0.6

News and Social Media Coverage

News Sentiment
Norsk Hydro ASA has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Norsk Hydro ASA this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Norsk Hydro ASA insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.02% of the stock of Norsk Hydro ASA is held by insiders.
Percentage Held by Institutions
Only 0.03% of the stock of Norsk Hydro ASA is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Norsk Hydro ASA are expected to grow by 26.32% in the coming year, from $0.38 to $0.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Norsk Hydro ASA is 20.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Norsk Hydro ASA is 20.24, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.65.
Price to Earnings Growth Ratio
Norsk Hydro ASA has a PEG Ratio of 2.37. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Norsk Hydro ASA has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Norsk Hydro ASA Stock (OTCMKTS:NHYDY)

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Hydro Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Hydro Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Hydro Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery, and hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

NHYDY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NHYDY Stock News Headlines

November 16, 2023 | finance.yahoo.com

Hydro CEO Sees Aluminum Demand Recovering Next Year

November 14, 2023 | finance.yahoo.com

Norsk Hydro: Hydro notified about company reorganization of Markbygden Ett AB

November 30, 2023 | Tomorrow Investor (Ad)

Why Microsoft Just Placed A Huge Bet On Nuclear

Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.

November 14, 2023 | finance.yahoo.com

Aluminum Prices Struggle As Demand Dwindles

October 30, 2023 | finance.yahoo.com

Norsk Hydro: Reminder - Invitation to Hydro's Capital Markets Day, Oslo, November 29-30, 2023

October 29, 2023 | finance.yahoo.com

Norsk Hydro warns flood of Chinese electric vehicles threatens aluminium demand in Europe

October 24, 2023 | nasdaq.com

Hydro To Form Hydro Rein JV With Macquarie Asset Management To Develop More Renewable Energy

October 24, 2023 | finance.yahoo.com

Norsk Hydro: Hydro Rein and Macquarie Asset Management become partners to develop more renewable energy for industries

November 30, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

October 24, 2023 | finance.yahoo.com

Norsk Hydro: Positioning for the long-term, navigating challenging markets

October 17, 2023 | finance.yahoo.com

Norsk Hydro: Reminder - Invitation to Hydro's third quarter results 2023

October 6, 2023 | finance.yahoo.com

Norsk Hydro: Disappointing Norwegian national budget for industry and power development

October 5, 2023 | finance.yahoo.com

Norsk Hydro: Invitation to Hydro's Capital Markets Day, Oslo, November 29-30, 2023

September 26, 2023 | finance.yahoo.com

Norsk Hydro: Invitation to Hydro's third quarter results 2023

August 10, 2023 | finance.yahoo.com

The Aluminum Market Is Creaking as Traders Brace for Excess Stocks

August 1, 2023 | finance.yahoo.com

Norsk Hydro hoping to "take an even larger presence in the US"

July 21, 2023 | markets.businessinsider.com

Norsk Hydro ASA earnings: here's what to expect

July 21, 2023 | markets.businessinsider.com

Hydro Q2 Profit, Revenues Down - Quick Facts

July 21, 2023 | finance.yahoo.com

Norsk Hydro: Well positioned in declining markets, low-carbon aluminium gaining ground

July 21, 2023 | finance.yahoo.com

UPDATE 1-Norsk Hydro says Russian metal threatens benchmark status of LME aluminium

July 21, 2023 | finance.yahoo.com

Norsk Hydro says Russian metal threatens benchmark status of LME aluminium

July 14, 2023 | finance.yahoo.com

Norsk Hydro: Reminder - Invitation to Hydro's second quarter results 2023

July 3, 2023 | finance.yahoo.com

Norsk Hydro: Subscription period for Hydro’s tender offer for Alumetal completed

June 22, 2023 | finance.yahoo.com

Norsk Hydro: Hydro increases price in tender offer for Alumetal to PLN 82.00 per share

June 21, 2023 | finance.yahoo.com

Norsk Hydro: Invitation to Hydro's second quarter results 2023

June 16, 2023 | finance.yahoo.com

Norsk Hydro ASA Leads In Green Hydrogen Aluminum Production

June 16, 2023 | finance.yahoo.com

NHYDY - Norsk Hydro ASA

See More Headlines

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Company Calendar

Last Earnings: 10/24/2023
Today: 11/30/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Primary aluminum
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: OTCMKTS:NHYDY
Previous Symbol: NYSE:NHY
CUSIP: N/A
CIK: 900268
Web: www.hydro.com
Phone: (472) 253-8100
Fax: 47-2253-7930
Employees: 32,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.29
Trailing P/E Ratio: 20.24
Forward P/E Ratio: 15.45
P/E Growth: 2.37
Net Income: $2.52 billion
Net Margins: 3.20%
Pretax Margin: 5.19%
Return on Equity: 8.72%
Return on Assets: 4.68%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 1.84
Quick Ratio: 1.18

Sales & Book Value

Annual Sales: $22.30 billion
Price / Sales: 0.54
Cash Flow: $1.59 per share
Price / Cash Flow: 3.69
Book Value: $5.04 per share
Price / Book: 1.16

Miscellaneous

Outstanding Shares: 2,038,000,000
Free Float: 2,037,592,000
Market Cap: $11.96 billion
Optionable: Not Optionable
Beta: 1.57

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Key Executives

Ms. Hilde Merete Aasheim (Age 65)
President, CEO & Member of Corporate Management Board
Comp: $1.21M
Mr. Pal Kildemo (Age 39)
Executive VP, CFO & Member of the Corporate Management Board
Comp: $512.67k
Mr. Arvid Moss (Age 65)
Executive VP of Energy & Member of Corporate Management Board
Comp: $516.45k
Mr. Eivind Kallevik (Age 56)
Executive VP of Aluminium Metal & Member of Corporate Management Board
Comp: $563.67k
Ms. Anne-Lene Midseim (Age 55)
Executive VP of Compliance, IP & General Counsel and Member of Corporate Management Board
Comp: $432.81k
Mr. John Gabriel Thuestad (Age 63)
Executive VP of Bauxite & Alumina and Member of Corporate Management Board
Comp: $1.07M
Ms. Hilde Vestheim Nordh (Age 54)
Executive VP of People & HSE and Member of Corporate Management Board
Comp: $400.97k
Mr. Paul Warton (Age 62)
Executive VP of Hydro Extruded Solutions & Member of Corporate Management Board
Comp: $1.2M
Ms. Therese Rod Holm (Age 48)
Executive VP for Communication & Public Affairs and Member of Corporate Management Board
Comp: $257.78k
Mr. Trond Olaf Christophersen (Age 51)
Executive VP for Corporate Development, Member of Corporate Management Board & Head of Recycling
Comp: $359.05k

Key Competitors

View All Competitors

NHYDY Stock Analysis - Frequently Asked Questions

Should I buy or sell Norsk Hydro ASA stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norsk Hydro ASA in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NHYDY shares.
View NHYDY analyst ratings or view top-rated stocks.
How have NHYDY shares performed in 2023?: Norsk Hydro ASA's stock was trading at $7.53 at the beginning of 2023. Since then, NHYDY shares have decreased by 22.0% and is now trading at $5.87.
View the best growth stocks for 2023 here.
Are investors shorting Norsk Hydro ASA?: Norsk Hydro ASA saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 66,000 shares, an increase of 4,976.9% from the October 31st total of 1,300 shares. Based on an average trading volume of 336,700 shares, the days-to-cover ratio is currently 0.2 days.
View Norsk Hydro ASA's Short Interest.
How were Norsk Hydro ASA's earnings last quarter?: Norsk Hydro ASA (OTCMKTS:NHYDY) posted its earnings results on Tuesday, October, 24th. The industrial products company reported $0.03 earnings per share for the quarter. The industrial products company earned $4.26 billion during the quarter. Norsk Hydro ASA had a net margin of 3.20% and a trailing twelve-month return on equity of 8.72%.

How often does Norsk Hydro ASA pay dividends? What is the dividend yield for Norsk Hydro ASA?: Norsk Hydro ASA declared a dividend on Saturday, May 6th. Stockholders of record on Friday, May 12th will be paid a dividend of $0.4272 per share on Wednesday, May 31st. This represents a dividend yield of 7.47%. The ex-dividend date is Thursday, May 11th. This is a boost from the stock's previous dividend of $0.11.
Read our dividend analysis for NHYDY.
Is Norsk Hydro ASA a good dividend stock?: Norsk Hydro ASA (OTCMKTS:NHYDY) pays an annual dividend of $0.41 per share and currently has a dividend yield of 6.74%. NHYDY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 141.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NHYDY will have a dividend payout ratio of 85.42% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for NHYDY.
How do I buy shares of Norsk Hydro ASA?: Shares of NHYDY 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.

This page (OTCMKTS:NHYDY) was last updated on 11/30/2023 by MarketBeat.com Staff

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Norsk Hydro ASA Stock Price, News & Analysis (OTCMKTS:NHYDY)

Norsk Hydro ASA MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Norsk Hydro ASA Stock (OTCMKTS:NHYDY)

NHYDY Stock Price History

NHYDY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

NHYDY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™