Nokia Corporation (NYSE:NOK – Get Free Report) declared a quarterly dividend on Friday, February 27th. Shareholders of record on Tuesday, October 27th will be paid a dividend of $0.0337 per share by the technology company on Tuesday, November 10th. This represents a $0.13 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, October 27th. This is a 26.1% decrease from Nokia’s previous quarterly dividend of $0.0455.
Nokia has a dividend payout ratio of 20.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Nokia to earn $0.48 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 16.7%.
Nokia Trading Up 3.1%
NYSE NOK opened at $8.12 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.09. The stock has a market cap of $46.64 billion, a PE ratio of 50.77, a PEG ratio of 0.97 and a beta of 1.19. The company’s 50-day moving average price is $10.10 and its 200-day moving average price is $11.43. Nokia has a 12 month low of $5.86 and a 12 month high of $17.45.
Nokia (NYSE:NOK – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The technology company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.72 billion. Nokia had a net margin of 3.80% and a return on equity of 10.48%. The company’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.06 earnings per share. Equities research analysts forecast that Nokia will post 0.40 earnings per share for the current year.
Key Headlines Impacting Nokia
Here are the key news stories impacting Nokia this week:
- Positive Sentiment: AI and cloud demand accelerated: Third-quarter revenue increased approximately 10% year over year, while comparable operating profit rose 35%. AI and cloud customer sales surged 123%, with IP Networks revenue up 43% and Optical Networks revenue up 18%. Nokia’s Q3 Earnings Beat Estimates on AI & Cloud Strength
- Positive Sentiment: Results exceeded expectations: Nokia reported adjusted earnings of $0.10 per share versus the $0.08 consensus estimate, and revenue of $5.84 billion versus the $5.72 billion forecast. Management also pointed to strong order intake from AI and cloud customers and continued growth potential into 2027. Nokia third-quarter profit beats expectations
- Positive Sentiment: New strategic opportunities: Nokia and ICEYE signed a letter of intent with Ukraine’s Ministry of Defence to explore sovereign satellite communications capabilities, potentially expanding Nokia’s role in defense and connectivity infrastructure. Ukraine partners with Nokia and ICEYE for Starlink alternative
- Neutral Sentiment: Analysts remain constructive but lowered targets: Rosenblatt reduced its price target from $15 to $14 while retaining a Buy rating, and JPMorgan lowered its target from $21 to $20.50 while maintaining an Overweight rating. The cuts suggest analysts still see substantial upside but are adjusting expectations after the selloff. Rosenblatt cuts Nokia price target to $14 but keeps Buy
- Negative Sentiment: Costs and cash flow are the main overhangs: Nokia warned that supply constraints represent a structural cost increase rather than a temporary shortage. Capacity expansion, margin pressure and higher cash requirements are tempering enthusiasm over AI-driven growth.
- Negative Sentiment: Guidance was not raised: Fourth-quarter revenue guidance of $7.1 billion to $7.4 billion broadly brackets the $7.3 billion consensus estimate, while the company maintained its broader outlook. Investors appear to have expected stronger upgrades following the earnings beat. Nokia Q3 Earnings Call Highlights AI Growth and 2027 Outlook
- Negative Sentiment: Market conditions amplified the decline: NOK fell sharply alongside the wider AI and technology sector, causing investors to discount the earnings beat and focus on valuation, profitability and execution risks.
About Nokia
Nokia Oyj is a Finland-based technology company that provides communications networking equipment, software and related services to telecommunications operators, enterprises, governments and other organizations worldwide. Its offerings support fixed and mobile broadband, optical and IP networks, data centers, cloud environments and private wireless communications.
The company’s business activities include mobile network infrastructure, network automation and management software, fiber and broadband access, optical networking, routing, data-center networking, and cloud and network services.
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