Nikon (NINOY) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nikon in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NINOY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NINOY, but not buy additional shares or sell existing shares.
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Nikon's stock was trading at $8.84 at the beginning of 2023. Since then, NINOY stock has increased by 28.5% and is now trading at $11.3550.
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Nikon saw a drop in short interest in May. As of May 15th, there was short interest totaling 500 shares, a drop of 44.4% from the April 30th total of 900 shares. Based on an average daily volume of 6,700 shares, the short-interest ratio is currently 0.1 days.
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Nikon Co. (OTCMKTS:NINOY) released its quarterly earnings results on Thursday, May, 11th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by $0.01. The company had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.31 billion. Nikon had a trailing twelve-month return on equity of 7.27% and a net margin of 7.10%.

Nikon (OTCMKTS:NINOY) pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.83%. The dividend payout ratio is 9.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NINOY will have a dividend payout ratio of 9.38% next year. This indicates that the company will be able to sustain or increase its dividend.

Nikon trades on the OTCMKTS under the ticker symbol "NINOY."

Shares of NINOY 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.
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One share of NINOY stock can currently be purchased for approximately $11.36.

Nikon (OTCMKTS:NINOY) has a market capitalization of $3.99 billion and generates $4.65 billion in revenue each year. The company earns $332.68 million in net income (profit) each year or $0.92 on an earnings per share basis.

The company employs 18,437 workers across the globe.

Nikon's mailing address is Shinagawa Intercity Tower C 2-15-3, Tokyo M0, 108-6290. The official website for the company is www.nikon.co.jp. The company can be reached via phone at (136) 433-3600 or via fax at 813-3216-1454.