Our top pick for
Building a portfolio
Nokia Corporation is a communication equipment business based in the US. Nokia Corporation shares (NOK) are listed on the NYSE and all prices are listed in US Dollars. Nokia Corporation employs 93,776 staff and has a market cap (total outstanding shares value) of USD$23.3 billion.
|Latest market close||USD$4|
|52-week range||USD$2.34 - USD$5.24|
|50-day moving average||USD$4.0994|
|200-day moving average||USD$4.1433|
|Wall St. target price||USD$5.03|
|Dividend yield||USD$0.22 (5.24%)|
|Earnings per share (TTM)||USD$0.0009|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-11)||3.36%|
|1 month (2020-12-22)||3.09%|
|3 months (2020-10-18)||N/A|
|6 months (2020-07-18)||N/A|
|1 year (2020-01-18)||N/A|
|2 years (2019-01-18)||-34.53%|
|3 years (2018-01-18)||4.84|
|5 years (2016-01-18)||N/A|
Valuing Nokia Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nokia Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Nokia Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Nokia Corporation shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Nokia Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0001. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Nokia Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Gross profit TTM||USD$8.4 billion|
|Return on assets TTM||2.37%|
|Return on equity TTM||4.27%|
|Market capitalisation||USD$23.3 billion|
TTM: trailing 12 months
There are currently 40.9 million Nokia Corporation shares held short by investors – that's known as Nokia Corporation's "short interest". This figure is 5.5% up from 38.8 million last month.
There are a few different ways that this level of interest in shorting Nokia Corporation shares can be evaluated.
Nokia Corporation's "short interest ratio" (SIR) is the quantity of Nokia Corporation shares currently shorted divided by the average quantity of Nokia Corporation shares traded daily (recently around 32.2 million). Nokia Corporation's SIR currently stands at 1.27. In other words for every 100,000 Nokia Corporation shares traded daily on the market, roughly 1270 shares are currently held short.
However Nokia Corporation's short interest can also be evaluated against the total number of Nokia Corporation shares, or, against the total number of tradable Nokia Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Nokia Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Nokia Corporation shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Nokia Corporation shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Nokia Corporation.
Find out more about how you can short Nokia Corporation stock.
Dividend payout ratio: 46.26% of net profits
Recently Nokia Corporation has paid out, on average, around 46.26% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.24% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nokia Corporation shareholders could enjoy a 5.24% return on their shares, in the form of dividend payments. In Nokia Corporation's case, that would currently equate to about $0.22 per share.
While Nokia Corporation's payout ratio might seem fairly standard, it's worth remembering that Nokia Corporation may be investing much of the rest of its net profits in future growth.
Nokia Corporation's most recent dividend payout was on 13 August 2019. The latest dividend was paid out to all shareholders who bought their shares by 29 July 2019 (the "ex-dividend date").
Nokia Corporation's shares were split on a 4:1 basis on 11 April 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Nokia Corporation shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Nokia Corporation shares which in turn could have impacted Nokia Corporation's share price.
Over the last 12 months, Nokia Corporation's shares have ranged in value from as little as $2.34 up to $5.24. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nokia Corporation's is 0.4557. This would suggest that Nokia Corporation's shares are less volatile than average (for this exchange).
Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. The company has a strategic collaboration with Microsoft. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.
Steps to owning and managing SSNC, with 24-hour and historical pricing before you buy.
Steps to owning and managing SMBC, with 24-hour and historical pricing before you buy.
Steps to owning and managing SMED, with 24-hour and historical pricing before you buy.
Steps to owning and managing SJW, with 24-hour and historical pricing before you buy.
Steps to owning and managing SFBS, with 24-hour and historical pricing before you buy.
Steps to owning and managing LEDS, with 24-hour and historical pricing before you buy.
Steps to owning and managing SC, with 24-hour and historical pricing before you buy.
Steps to owning and managing RTW, with 24-hour and historical pricing before you buy.
Steps to owning and managing RIVE, with 24-hour and historical pricing before you buy.
Steps to owning and managing RVSB, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.