Honda Motor (HMC) Stock Price, News & Analysis

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Honda Motor in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research 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.

Honda Motor's stock was trading at $22.86 at the beginning of the year. Since then, HMC stock has increased by 35.2% and is now trading at $30.91.
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Honda Motor saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,390,000 shares, an increase of 32.0% from the November 30th total of 1,810,000 shares. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.2% of the shares of the stock are sold short.
View Honda Motor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 9th 2024.
View our HMC earnings forecast.

Honda Motor Co., Ltd. (NYSE:HMC) announced its quarterly earnings results on Thursday, November, 9th. The company reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.38. The firm earned $34.50 billion during the quarter, compared to analyst estimates of $32.12 billion. Honda Motor had a trailing twelve-month return on equity of 8.13% and a net margin of 5.26%.

Honda Motor (NYSE:HMC) pays an annual dividend of $0.90 per share and currently has a dividend yield of 2.92%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HMC will have a dividend payout ratio of 20.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HMC.

ETFs with the largest weight of Honda Motor (NYSE:HMC) stock in their portfolio include Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and ActivePassive International Equity ETF (APIE).SPDR S&P Kensho Smart Mobility ETF (HAIL).

Honda Motor issued an update on its FY 2024 earnings guidance on Monday, December, 11th. The company provided earnings per share (EPS) guidance of 1.350-1.350 for the period. The company issued revenue guidance of $142.9 billion-$142.9 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).

Shares of HMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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