Honda Motor - HMC Stock Forecast, Price & News

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

3 Wall Street analysts have issued 12 month price targets for Honda Motor's stock. Their HMC share price forecasts range from $31.51 to $31.51. On average, they anticipate the company's share price to reach $31.51 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price.
View analysts price targets for HMC or view top-rated stocks among Wall Street analysts.

Honda Motor's stock was trading at $28.45 at the beginning of 2022. Since then, HMC shares have decreased by 9.4% and is now trading at $25.77.
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Honda Motor saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 1,560,000 shares, a drop of 46.9% from the July 31st total of 2,940,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the company's shares are short sold.
View Honda Motor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our HMC earnings forecast.

Honda Motor Co., Ltd. (NYSE:HMC) announced its quarterly earnings results on Wednesday, August, 4th. The company reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.44. The business had revenue of $32.74 billion for the quarter, compared to analyst estimates of $30.85 billion. Honda Motor had a trailing twelve-month return on equity of 5.96% and a net margin of 4.26%. The firm's revenue was down 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $97.92 earnings per share.

Honda Motor declared a quarterly dividend on Friday, November 5th. Investors of record on Wednesday, September 29th will be given a dividend of $0.387 per share on Wednesday, December 8th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date is Tuesday, September 28th.
Read our dividend analysis for HMC.

Honda Motor (NYSE:HMC) pays an annual dividend of $0.78 per share and currently has a dividend yield of 3.05%. The dividend payout ratio is 24.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HMC will have a dividend payout ratio of 20.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HMC.

Honda Motor updated its FY 2023 earnings guidance on Friday, September, 2nd. The company provided earnings per share guidance of $3.34-$3.34 for the period. The company issued revenue guidance of $134.00 billion-$134.00 billion.

250 employees have rated Honda Motor Chief Executive Officer Takahiro Hachigo on Glassdoor.com. Takahiro Hachigo has an approval rating of 91% among the company's employees. This puts Takahiro Hachigo in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Honda Motor investors own include AT&T (T), Bank of America (BAC), Walmart (WMT), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ), Verizon Communications (VZ), General Motors (GM), Cisco Systems (CSCO) and McDonald's (MCD).

Honda Motor trades on the New York Stock Exchange (NYSE) under the ticker symbol "HMC."

Honda Motor's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dodge & Cox (2.78%), Macquarie Group Ltd. (0.13%), Renaissance Technologies LLC (0.10%), Equity Investment Corp (0.09%), Goldman Sachs Group Inc. (0.07%) and Todd Asset Management LLC (0.06%).

Shares of HMC 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 HMC stock can currently be purchased for approximately $25.77.

Honda Motor (NYSE:HMC) has a market capitalization of $44.08 billion and generates $129.64 billion in revenue each year. The company earns $6.29 billion in net income (profit) each year or $3.17 on an earnings per share basis.

The company employs 218,674 workers across the globe.

Honda Motor was founded in 1948.

Honda Motor's mailing address is 1-1 MINAMI-AOYAMA 2-CHOME MINATO-KU, TOKYO M0, 107-8556. The official website for the company is global.honda. The company can be reached via phone at (133) 423-1111.