Nokia Corp ADR (NYSE:NOK) has a beta value of 0.93 and has seen 5.13 million shares traded in the recent trading session. The company, currently valued at $27.59B, closed the recent trade at $5.28 per share which meant it gained $0.06 on the day or 1.05% during that session. The NOK stock price is -3.79% off its 52-week high price of $5.48 and 32.39% above the 52-week low of $3.57. If we look at the company’s 10-day average daily trading volume, we find that it stood at 15.24 million shares traded. The 3-month trading volume is 21.31 million shares.
The consensus among analysts is that Nokia Corp ADR (NOK) is Buy stock at the moment, with a recommendation rating of 2.16. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 12 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight.
Nokia Corp ADR (NYSE:NOK) trade information
Over the past 30 days, the shares of Nokia Corp ADR (NYSE:NOK) have changed 5.71%. Short interest in the company has seen 30.81 million shares shorted with days to cover at 1.53.
Wall Street analysts have a consensus price target for the stock at $6.5, which means that the shares’ value could jump 18.77% from the levels at last check today.. The projected low price target is $4.839744617 while the price target rests at a high of $8.0. In that case, then, we find that the latest price level in today’s session is -51.52% off the targeted high while a plunge would see the stock lose 8.34% from the levels at last check today..
Nokia Corp ADR (NOK) estimates and forecasts
The company’s shares have gained 26.20% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 315.10% over the past 5 years. Earnings growth for 2025 is a modest -17.27% while over the next 5 years, the company’s earnings are expected to increase by 2.55%.
NOK Dividends
Nokia Corp ADR is expected to release its next earnings report on 2025-Apr-23 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.14 at a share yield of 2.69%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.5%.
Nokia Corp ADR (NYSE:NOK)’s Major holders
Investors are also buoyed by the number of investors in a company, with Nokia Corp ADR having a total of 566.0 institutions that hold shares in the company. The top two institutional holders are ARTISAN PARTNERS LIMITED PARTNERSHIP with over 106.76 million shares worth more than $403.54 million. As of 2024-06-30, ARTISAN PARTNERS LIMITED PARTNERSHIP held 1.9375% of shares outstanding.
The other major institutional holder is PZENA INVESTMENT MANAGEMENT LLC, with the holding of over 82.52 million shares as of 2024-06-30. The firm’s total holdings are worth over $311.94 million and represent 1.4978% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Artisan Partners Funds Inc.-Artisan International Value Fund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund . As of Dec 31, 2024 , the former fund manager holds about 1.48% shares in the company for having 80.87 shares of worth $427.39 million while later fund manager owns 24.62 shares of worth $130.14 million as of Mar 31, 2025 , which makes it owner of about 0.45% of company’s outstanding stock.
