Orkla ASA - ORKLY Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orkla ASA in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ORKLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORKLY, but not buy additional shares or sell existing shares.
View ORKLY analyst ratings or view top-rated stocks.

4 equities research analysts have issued 12-month target prices for Orkla ASA's shares. Their ORKLY share price forecasts range from $73.00 to $82.00. On average, they expect the company's stock price to reach $77.50 in the next twelve months. This suggests a possible upside of 802.2% from the stock's current price.
View analysts price targets for ORKLY or view top-rated stocks among Wall Street analysts.

Orkla ASA's stock was trading at $10.12 at the beginning of 2022. Since then, ORKLY shares have decreased by 15.1% and is now trading at $8.59.
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Orkla ASA saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 63,600 shares, a decline of 65.6% from the June 30th total of 184,800 shares. Based on an average trading volume of 229,400 shares, the short-interest ratio is currently 0.3 days.
View Orkla ASA's Short Interest.

Orkla ASA (OTCMKTS:ORKLY) issued its earnings results on Thursday, April, 29th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.03. The business earned $1.35 billion during the quarter. Orkla ASA had a trailing twelve-month return on equity of 13.51% and a net margin of 9.11%.
Read the conference call transcript.

Orkla ASA announced a dividend on Thursday, April 14th. Shareholders of record on Friday, April 22nd will be paid a dividend of $0.2667 per share on Friday, May 13th. This represents a dividend yield of 2.99%. The ex-dividend date is Thursday, April 21st.
Read our dividend analysis for ORKLY.

Orkla ASA (OTCMKTS:ORKLY) pays an annual dividend of $0.22 per share and currently has a dividend yield of 2.57%. The dividend payout ratio is 39.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ORKLY.

Orkla ASA trades on the OTCMKTS under the ticker symbol "ORKLY."

Shares of ORKLY 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 ORKLY stock can currently be purchased for approximately $8.59.

Orkla ASA (OTCMKTS:ORKLY) has a market capitalization of $8.60 billion and generates $5.87 billion in revenue each year. The company earns $559.65 million in net income (profit) each year or $0.56 on an earnings per share basis.

Orkla ASA employs 21,423 workers across the globe.

Orkla ASA's mailing address is Nedre Sk¿¿yenvei 26, Oslo Q8, 213. The official website for the company is www.orkla.com. The company can be reached via phone at (472) 254-4000, via email at info@orkla.no, or via fax at 47-2254-4490.