OTCMKTS:TELNY Telenor ASA (TELNY) Stock Forecast, Price & News $10.34 -0.11 (-1.06%) (As of 05/26/2023 08:48 PM ET) Add Compare Share Share Today's Range$10.31▼$10.4250-Day Range$10.34▼$12.6352-Week Range$8.55▼$13.86Volume44,100 shsAverage Volume52,728 shsMarket Capitalization$14.48 billionP/E Ratio2.62Dividend Yield6.96%Price Target$125.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesShort Interest Telenor ASA MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside963.4% Upside$110.00 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-59.09%From $1.76 to $0.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.41 out of 5 stars 3.1 Analyst's Opinion Consensus RatingTelenor ASA has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.00, Telenor ASA has a forecasted upside of 963.4% from its current price of $10.34.Amount of Analyst CoverageTelenor ASA has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of Telenor ASA have been sold short.Short Interest Ratio / Days to CoverTelenor ASA has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Telenor ASA has recently increased by 79.29%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipTelenor ASA is a leading dividend payer. It pays a dividend yield of 6.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTelenor ASA does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Telenor ASA is 18.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Telenor ASA will have a dividend payout ratio of 100.00% in the coming year. This indicates that Telenor ASA may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TELNY. Previous Next 1.9 News and Social Media Coverage News SentimentTelenor ASA has a news sentiment score of 0.38. 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 news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Telenor ASA this week, compared to 1 article on an average week. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Telenor ASA insiders have not sold or bought any company stock. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Telenor ASA are expected to decrease by -59.09% in the coming year, from $1.76 to $0.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Telenor ASA is 2.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Telenor ASA is 2.62, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 97.81.Price to Book Value per Share RatioTelenor ASA has a P/B Ratio of 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Telenor ASA (OTCMKTS:TELNY) StockTelenor ASA engages in the provision of telecommunications, data, and media services. Its products and services include mobile communication, fixed line communication, and broadcasting activities. It operates through the following segments: Norway, Sweden, Denmark, DNA-Finland, dtac-Thailand, Digi-Malaysia, Grameenphone-Bangladesh, Pakistan, and Other Units. The Norway, Sweden, and Denmark geographical segments include fixed services like telephone, internet and TV, and leased lines. The Other Units segment is composed of global wholesale, digital services, and corporate functions. The company was founded in 1855 and is headquartered in Fornebu, Norway.Read More Receive TELNY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Telenor ASA and its competitors with MarketBeat's FREE daily newsletter. Email Address TELNY Stock News HeadlinesMay 26, 2023 | americanbankingnews.comTelenor ASA (OTCMKTS:TELNY) Now Covered by Analysts at CitigroupMay 26, 2023 | americanbankingnews.comTelenor ASA (OTCMKTS:TELNY) Coverage Initiated by Analysts at CitigroupMay 29, 2023 | MarketBeat Internal (Ad)Save $200 on MarketBeat All AccessMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.May 21, 2023 | americanbankingnews.comTelenor ASA (OTCMKTS:TELNY) Receives Average Rating of "Hold" from AnalystsMay 1, 2023 | americanbankingnews.comCritical Survey: KORE Group (NYSE:KORE) & Telenor ASA (OTCMKTS:TELNY)April 26, 2023 | americanbankingnews.comTelenor ASA (OTCMKTS:TELNY) Receives Average Rating of "Hold" from BrokeragesApril 21, 2023 | americanbankingnews.comPareto Securities Downgrades Telenor ASA (OTCMKTS:TELNY) to HoldApril 20, 2023 | americanbankingnews.comTelenor ASA (OTCMKTS:TELNY) Upgraded to "Equal Weight" at BarclaysMay 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.April 12, 2023 | msn.comTelenor ASA (TELNY) Declares $0.48 DividendMarch 16, 2023 | finance.yahoo.comCK Hutchison in deal talks with Telenor in Denmark and SwedenMarch 16, 2023 | finance.yahoo.comTelenor declines to comment on CK Hutchison reportMarch 1, 2023 | finance.yahoo.comTelenor announces the completion of the amalgamation of dtac and True in ThailandFebruary 2, 2023 | msn.comStocks Set To Open Higher As Dovish Powell Comments Boost Sentiment, ECB Decision In FocusFebruary 2, 2023 | ca.finance.yahoo.comTelenor's shares spike on profit, growth outlookFebruary 2, 2023 | finance.yahoo.comExecuting on the strategyJanuary 12, 2023 | finance.yahoo.comTelenor ASA (TELNY) Stock Historical Prices & Data - Yahoo FinanceNovember 22, 2022 | finance.yahoo.comUpdate on the transaction between dtac and True in ThailandNovember 9, 2022 | finance.yahoo.comTelenor Kicks Off Sale of $1 Billion Pakistan BusinessOctober 26, 2022 | markets.businessinsider.comTelenor Q3 Profit Down, Revenues Rise; Maintains FY22 OutlookOctober 21, 2022 | finance.yahoo.comMerger to Form Thailand's Largest Mobile Firm Gets Nod After 11-Hour MeetingOctober 7, 2022 | finance.yahoo.comTelenor ASA: Telenor Sells 30% Stake in Norwegian Fiber CompanyOctober 7, 2022 | finance.yahoo.comTelenor ASA: Telenor Starts Infrastructure Sales and Divests a 30% Stake in Norwegian Fiber CompanyOctober 7, 2022 | nasdaq.comTelenor To Divest 30% Of New Telenor Fiber In NorwayOctober 7, 2022 | finance.yahoo.comTelenor sells stake in Norway fibre unit for $1 billionOctober 7, 2022 | finance.yahoo.comTelenor establishes fibre company in NorwaySeptember 20, 2022 | nasdaq.comTelenor Announces Mid-term Financial Outlook For 2023-2025See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TELNY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Telenor ASA and its competitors with MarketBeat's FREE daily newsletter. Email Address TELNY Company Calendar Last Earnings5/04/2023Ex-Dividend for 5/31 Dividend5/11/2023Today5/29/2023Dividend Payable5/31/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Telephone communication, except radio Sub-IndustryN/A SectorUtilities Current SymbolOTCMKTS:TELNY Previous SymbolNASDAQ:TELN CUSIPN/A CIK1126113 Webwww.telenor.com Phone(476) 789-0000FaxN/AEmployees16,000Year Founded1855Price Target and Rating Average Stock Price Forecast$110.00 High Stock Price Forecast$110.00 Low Stock Price Forecast$110.00 Forecasted Upside/Downside+1,108.4%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.95 Trailing P/E Ratio2.62 Forward P/E Ratio5.88 P/E GrowthN/ANet Income$4.69 billion Net Margins54.22% Pretax Margin10.85% Return on Equity19.03% Return on Assets3.31% Debt Debt-to-Equity Ratio1.32 Current Ratio0.60 Quick Ratio0.58 Sales & Book Value Annual Sales$10.33 billion Price / Sales1.40 Cash Flow$3.13 per share Price / Cash Flow3.31 Book Value$4.80 per share Price / Book2.16Miscellaneous Outstanding Shares1,399,460,000Free FloatN/AMarket Cap$14.48 billion OptionableNot Optionable Beta0.49 Social Links Key ExecutivesSigve BrekkePresident & Chief Executive OfficerTone Hegland BachkeChief Financial Officer & Executive VPRuza SabanovicChief Technology Officer & Executive VPJanne AaltoChief Information OfficerTorbjoern LarsenHead-Information & Technology DivisionKey CompetitorsKoninklijke KPNOTCMKTS:KKPNYTelefônica BrasilNYSE:VIVVivendiOTCMKTS:VIVHYTele2 AB (publ)OTCMKTS:TLTZYSpark New ZealandOTCMKTS:SPKKYView All Competitors TELNY Stock - Frequently Asked Questions Should I buy or sell Telenor ASA stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Telenor ASA in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TELNY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TELNY, but not buy additional shares or sell existing shares. View TELNY analyst ratings or view top-rated stocks. What is Telenor ASA's stock price forecast for 2023? 7 Wall Street research analysts have issued 12 month price targets for Telenor ASA's shares. Their TELNY share price forecasts range from $110.00 to $110.00. On average, they anticipate the company's stock price to reach $110.00 in the next twelve months. This suggests a possible upside of 963.4% from the stock's current price. View analysts price targets for TELNY or view top-rated stocks among Wall Street analysts. How have TELNY shares performed in 2023? Telenor ASA's stock was trading at $9.2875 at the start of the year. Since then, TELNY shares have increased by 11.4% and is now trading at $10.3440. View the best growth stocks for 2023 here. Are investors shorting Telenor ASA? Telenor ASA saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 25,100 shares, an increase of 79.3% from the April 30th total of 14,000 shares. Based on an average daily trading volume, of 50,400 shares, the days-to-cover ratio is presently 0.5 days. View Telenor ASA's Short Interest. How were Telenor ASA's earnings last quarter? Telenor ASA (OTCMKTS:TELNY) announced its earnings results on Thursday, May, 4th. The utilities provider reported ($0.04) earnings per share for the quarter. The utilities provider earned $1.88 billion during the quarter. Telenor ASA had a trailing twelve-month return on equity of 19.03% and a net margin of 54.22%. How often does Telenor ASA pay dividends? What is the dividend yield for Telenor ASA? Telenor ASA announced a dividend on Saturday, May 6th. Stockholders of record on Friday, May 12th will be given a dividend of $0.3814 per share on Wednesday, May 31st. This represents a yield of 5.79%. The ex-dividend date is Thursday, May 11th. This is a positive change from the stock's previous dividend of $0.35. Read our dividend analysis for TELNY. Is Telenor ASA a good dividend stock? Telenor ASA (OTCMKTS:TELNY) pays an annual dividend of $0.72 per share and currently has a dividend yield of 6.98%. TELNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 18.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TELNY will have a dividend payout ratio of 100.00% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for TELNY. What is Telenor ASA's stock symbol? Telenor ASA trades on the OTCMKTS under the ticker symbol "TELNY." How do I buy shares of Telenor ASA? Shares of TELNY 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. What is Telenor ASA's stock price today? One share of TELNY stock can currently be purchased for approximately $10.34. How much money does Telenor ASA make? Telenor ASA (OTCMKTS:TELNY) has a market capitalization of $14.48 billion and generates $10.33 billion in revenue each year. The utilities provider earns $4.69 billion in net income (profit) each year or $3.95 on an earnings per share basis. How many employees does Telenor ASA have? The company employs 16,000 workers across the globe. How can I contact Telenor ASA? Telenor ASA's mailing address is Snaroyveien 30, Fornebu Q8, N-1360. The official website for the company is www.telenor.com. The utilities provider can be reached via phone at (476) 789-0000 or via email at ir@telenor.com. This page (OTCMKTS:TELNY) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Telenor ASA Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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