How have NHYDY shares performed in 2024?

Norsk Hydro ASA's stock was trading at $6.68 on January 1st, 2024. Since then, NHYDY shares have decreased by 1.2% and is now trading at $6.60. View the best growth stocks for 2024 here .

Are investors shorting Norsk Hydro ASA?

Norsk Hydro ASA saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 60,200 shares, an increase of 1,080.4% from the March 15th total of 5,100 shares. Based on an average daily volume of 647,500 shares, the short-interest ratio is currently 0.1 days. View Norsk Hydro ASA's Short Interest .

How were Norsk Hydro ASA's earnings last quarter?

Norsk Hydro ASA (OTCMKTS:NHYDY) issued its quarterly earnings results on Wednesday, February, 14th. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The industrial products company had revenue of $4.45 billion for the quarter. Norsk Hydro ASA had a trailing twelve-month return on equity of 7.63% and a net margin of 1.84%.

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

Norsk Hydro ASA announced a dividend on Tuesday, April 9th. Investors of record on Friday, May 10th will be paid a dividend of $0.2354 per share on Wednesday, May 29th. The ex-dividend date of this dividend is Thursday, May 9th. 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 6.19%. NHYDY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 256.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NHYDY will have a dividend payout ratio of 43.62% next year. This indicates that the company will be able to sustain or increase its 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:NHYDY

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

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$6.60

+0.05 (+0.76%)

(As of 04/15/2024 ET)

Compare

Today's Range: $6.55
▼
$6.70
50-Day Range: $5.08
▼
$6.60
52-Week Range: $5.08
▼
$7.83

Volume: 165,180 shs
Average Volume: 338,349 shs
Market Capitalization: $13.45 billion

P/E Ratio: 41.25
Dividend Yield: 6.21%
Price Target: N/A

Stock Analysis Chart Dividend Earnings Financials Headlines Short Interest

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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: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.09
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 108.89%
From $0.45 to $0.94 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.40 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 0.1, 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 1,080.39%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Norsk Hydro ASA is a leading dividend payer. It pays a dividend yield of 6.19%, 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 256.27%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Norsk Hydro ASA will have a dividend payout ratio of 43.62% next year. This indicates that Norsk Hydro ASA will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

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

1.7

News and Social Media Coverage

News Sentiment
Norsk Hydro ASA has a news sentiment score of 0.09. 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 0.65 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Norsk Hydro ASA this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for NHYDY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Norsk Hydro ASA to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

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 0.02% of the stock of Norsk Hydro ASA is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Norsk Hydro ASA are expected to grow by 108.89% in the coming year, from $0.45 to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Norsk Hydro ASA is 41.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Norsk Hydro ASA is 41.25, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.54.
Price to Earnings Growth Ratio
Norsk Hydro ASA has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Norsk Hydro ASA has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Norsk Hydro ASA Stock (OTCMKTS:NHYDY)

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, 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 materials, and green 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

April 12, 2024 | globenewswire.com

Norsk Hydro: Notice of Annual General Meeting 2024

March 27, 2024 | finance.yahoo.com

Norsk Hydro: Invitation to Hydro's first quarter results 2024

April 16, 2024 | InvestorPlace (Ad)

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March 18, 2024 | finance.yahoo.com

Zacks Industry Outlook Highlights Norsk Hydro, ESAB and Kaiser Aluminum

March 15, 2024 | globenewswire.com

Norsk Hydro: Industry and Norwegian government agree on the CO2 compensation scheme

March 14, 2024 | msn.com

Norsk Hydro taps Kallevik as new CEO; Aasheim set to depart

March 14, 2024 | globenewswire.com

Norsk Hydro: Eivind Kallevik appointed CEO of Hydro

March 6, 2024 | globenewswire.com

Norsk Hydro: Trond Olaf Christophersen appointed acting CFO in Hydro

April 16, 2024 | InvestorPlace (Ad)

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March 1, 2024 | nasdaq.com

Hydro CFO Pal Kildemo To Leave To Join UAE's Emirates Global Aluminium

March 1, 2024 | globenewswire.com

Norsk Hydro: Pål Kildemo to leave Hydro

February 23, 2024 | wsj.com

Norsk Hydro ASA ADR

February 16, 2024 | finance.yahoo.com

Norsk Hydro: Hydro signs new USD 1,000 million revolving credit facility

February 16, 2024 | globenewswire.com

Norsk Hydro: Hydro signs new USD 1,000 million revolving credit facility

February 14, 2024 | finance.yahoo.com

Norsk Hydro: Shifting gear to capture opportunities in a new reality

February 14, 2024 | globenewswire.com

Norsk Hydro: Annual report 2023 European Single Electronic Format (ESEF)

February 14, 2024 | globenewswire.com

Norsk Hydro: Shifting gear to capture opportunities in a new reality

February 14, 2024 | globenewswire.com

Norsk Hydro: Key information related to proposed cash dividend

February 14, 2024 | globenewswire.com

Norsk Hydro: Changing the aluminium game - Strengthening position in challenging markets

February 7, 2024 | stockhouse.com

Norsk Hydro: Reminder - Hydro's fourth quarter results 2023

February 1, 2024 | finance.yahoo.com

Norsk Hydro: Market part of Hydro`s 2023-2024 share buyback program finalized

January 17, 2024 | finance.yahoo.com

Norsk Hydro: Invitation - Hydro's fourth quarter results 2023

December 21, 2023 | markets.businessinsider.com

Hydro Sees NOK 6 Bln Impairment Charges In Q4; Stock Down

December 21, 2023 | finance.yahoo.com

Norsk Hydro: Impairments affect Hydro’s fourth quarter results

December 1, 2023 | finance.yahoo.com

Hydro completes sale to Glencore

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

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/16/2024
Ex-Dividend for 5/29 Dividend: 5/09/2024
Dividend Payable: 5/29/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Industrial Products
Industry: Primary aluminum
Sub-Industry: N/A
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: 33,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.16
Trailing P/E Ratio: 41.25
Forward P/E Ratio: 14.67
P/E Growth: 0.96
Net Income: $339.57 million
Net Margins: 1.84%
Pretax Margin: 3.30%
Return on Equity: 7.63%
Return on Assets: 4.05%

Debt

Debt-to-Equity Ratio: 0.27
Current Ratio: 1.82
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $18.79 billion
Price / Sales: 0.72
Cash Flow: $1.05 per share
Price / Cash Flow: 6.27
Book Value: $4.99 per share
Price / Book: 1.32

Miscellaneous

Outstanding Shares: 2,038,000,000
Free Float: 2,037,592,000
Market Cap: $13.45 billion
Optionable: Not Optionable
Beta: 1.60

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Key Executives

Ms. Hilde Merete Aasheim (Age 66)
President, CEO & Member of Corporate Management Board
Comp: $1.21M
Mr. Trond Olaf Christophersen (Age 52)
Executive VP for Crpt. Development, Acting CFO, Member of Corporate Mgmt. Board & Head of Recycling
Comp: $510.6k
Mr. Arvid Moss (Age 66)
Executive VP of Energy & Member of Corporate Management Board
Comp: $611.91k
Mr. Eivind Kallevik (Age 57)
Executive VP of Aluminium Metal & Member of Corporate Management Board
Comp: $793k
Ms. Anne-Lene Midseim (Age 56)
Executive VP of Compliance, IP & General Counsel and Member of Corporate Management Board
Comp: $564.44k
Mr. John Gabriel Thuestad (Age 64)
Executive VP of Bauxite & Alumina and Member of Corporate Management Board
Comp: $1.17M
Ms. Hilde Vestheim Nordh (Age 55)
Executive VP of People & HSE and Member of Corporate Management Board
Comp: $436.91k
Mr. Paul Warton (Age 63)
Executive VP of Hydro Extruded Solutions & Member of Corporate Management Board
Comp: $1.31M
Ms. Therese Rod Holm (Age 49)
Executive VP for Communication & Public Affairs and Member of Corporate Management Board
Comp: $326.98k
Mr. Pal Kildemo (Age 40)
Executive Officer
Comp: $578.95k

Key Competitors

View All Competitors

NHYDY Stock Analysis - Frequently Asked Questions

How have NHYDY shares performed in 2024?: Norsk Hydro ASA's stock was trading at $6.68 on January 1st, 2024. Since then, NHYDY shares have decreased by 1.2% and is now trading at $6.60.
View the best growth stocks for 2024 here.
Are investors shorting Norsk Hydro ASA?: Norsk Hydro ASA saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 60,200 shares, an increase of 1,080.4% from the March 15th total of 5,100 shares. Based on an average daily volume of 647,500 shares, the short-interest ratio is currently 0.1 days.
View Norsk Hydro ASA's Short Interest.
How were Norsk Hydro ASA's earnings last quarter?: Norsk Hydro ASA (OTCMKTS:NHYDY) issued its quarterly earnings results on Wednesday, February, 14th. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The industrial products company had revenue of $4.45 billion for the quarter. Norsk Hydro ASA had a trailing twelve-month return on equity of 7.63% and a net margin of 1.84%.
How often does Norsk Hydro ASA pay dividends? What is the dividend yield for Norsk Hydro ASA?: Norsk Hydro ASA announced a dividend on Tuesday, April 9th. Investors of record on Friday, May 10th will be paid a dividend of $0.2354 per share on Wednesday, May 29th. The ex-dividend date of this dividend is Thursday, May 9th.
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 6.19%. NHYDY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 256.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NHYDY will have a dividend payout ratio of 43.62% next year. This indicates that the company will be able to sustain or increase its 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:NHYDY) was last updated on 4/16/2024 by MarketBeat.com Staff

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

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

Search Interest

MarketBeat Follows

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^™