Nordea Bank Abp (NRDBY) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nordea Bank Abp 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" NRDBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NRDBY, but not buy additional shares or sell existing shares.
View NRDBY analyst ratings or view top-rated stocks.

Nordea Bank Abp's stock was trading at $10.81 at the beginning of 2023. Since then, NRDBY stock has increased by 2.3% and is now trading at $11.06.
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Nordea Bank Abp saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 29,300 shares, a drop of 69.1% from the August 31st total of 94,800 shares. Based on an average trading volume of 124,800 shares, the short-interest ratio is currently 0.2 days.
View Nordea Bank Abp's Short Interest.

Nordea Bank Abp (OTCMKTS:NRDBY) announced its quarterly earnings results on Monday, July, 17th. The company reported $0.40 earnings per share (EPS) for the quarter. The business had revenue of $3.22 billion for the quarter. Nordea Bank Abp had a trailing twelve-month return on equity of 15.74% and a net margin of 24.69%.

Nordea Bank Abp declared a dividend on Saturday, March 18th. Stockholders of record on Monday, March 27th will be given a dividend of $0.7152 per share on Monday, April 10th. This represents a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, March 24th. This is a boost from the stock's previous dividend of $0.49.
Read our dividend analysis for NRDBY.

Nordea Bank Abp (OTCMKTS:NRDBY) pays an annual dividend of $0.71 per share and currently has a dividend yield of 6.38%. NRDBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 52.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRDBY will have a dividend payout ratio of 48.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NRDBY.

Nordea Bank Abp trades on the OTCMKTS under the ticker symbol "NRDBY."

Shares of NRDBY 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 NRDBY stock can currently be purchased for approximately $11.06.

Nordea Bank Abp (OTCMKTS:NRDBY) has a market capitalization of $39.48 billion and generates $13.79 billion in revenue each year. The company earns $3.79 billion in net income (profit) each year or $1.35 on an earnings per share basis.

The company employs 30,500 workers across the globe.

Nordea Bank Abp's mailing address is Satamaradankatu 5 Nordea, Helsinki H9, 00020. The official website for the company is www.nordea.com. The company can be reached via phone at (582) 007-0000, via email at investor-relations@nordea.com, or via fax at 46-8614-8770.