NSANY - Nissan Motor Co., Ltd.

Other OTC - Other OTC Delayed Price. Currency in USD
7.45
+0.01 (+0.13%)
At close: 03:46PM EDT
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Previous close7.44
Open7.43
Bid0.00 x 0
Ask0.00 x 0
Day's range7.43 - 7.56
52-week range5.81 - 8.54
Volume53,171
Avg. volume73,020
Market cap14.605B
Beta (5Y monthly)1.15
PE ratio (TTM)15.85
EPS (TTM)0.47
Earnings dateN/A
Forward dividend & yield0.15 (2.01%)
Ex-dividend date29 Mar 2023
1y target est8.95
  • The Guardian

    Brexit has wrecked Britain’s car industry, but so have the Tories

    As carmakers warn that London must renegotiate its deal with Brussels, a lack of government policy is also plaguing the sector

  • Zacks

    Is Nissan Motor Co. (NSANY) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Reuters

    Nissan expects 38% full-year profit rise on stronger sales outlook

    TOKYO (Reuters) -Nissan Motor Co on Thursday flagged a better-than-expected 38% rise in profit this year on stronger sales, a rosier outlook for the Japanese automaker as it retools its often difficult alliance with Renault and faces headwinds in China. The bullish forecast, which comes as Nissan is pushing to turn itself around after years of turmoil, was based on expectations of almost 30% sales growth in both North America and Europe. Nissan, like other global automakers, is facing intense pressure in the world's largest auto market, where nimble local players are posing an increasing challenge thanks to a rapid roll-out of battery-powered electric vehicles (EVs).

  • Reuters

    Analysis-Japan's automakers have a made-in-China sales crisis

    Japan's automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world's largest auto market and led to a plunge in purchases of gasoline-powered cars. Total sales of Japanese auto brands in China were down 32% year-on-year in the first quarter, more than double the pace of the overall market contraction, industry data analysed by Reuters showed. While other automakers like Volkswagen AG have also been caught out by the sharp shift in China, Japanese automakers stand out because of their limited showing in the fast-growing category of electric and plug-in hybrid sales.

  • Zacks

    Should Value Investors Buy Nissan Motor Co. (NSANY) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Reuters

    VW, Rivian, Nissan, BMW lose access to US EV tax credits

    The U.S. Treasury said on Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo Cars electric vehicles will lose access to a $7,500 tax credit under new rules for battery sourcing. The Treasury said the new requirements effective on Tuesday will also cut by half credits for the Tesla Inc Model 3 Standard Range Rear Wheel Drive to $3,750 but that other Tesla models will retain the full $7,500 credit.

  • Reuters

    Exclusive-Nissan takes its own road, minus Renault, in seeking tech tie-up

    (Reuters) -Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA as the automakers work to finalise terms of a sharply limited alliance, said seven people with knowledge of the matter. It is also working on an expanded strategy for all-battery and plug-in EVs for North American and Asian markets that will be for Nissan alone, they said. The revelations come as the alliance oversight board met this week to discuss a rebalance that will see Renault cut its stake in Nissan to 15% from 43% - matching the size of Nissan's stake in Renault - and Nissan gain reciprocal voting rights.

  • Yahoo Finance Video

    Nissan: ‘EV is the future and that’s what the market is asking for,’ Senior VP says

    Nissan Motor Co. Senior Vice President Jérémie Papin joins Yahoo Finance Live from the 2023 New York International Auto Show at the Javits Center to discuss Nissan’s electric ambitions, the launch of 27 new vehicles over the next seven years, improving the automaker’s relationship with dealers, and the outlook for EVs.

  • Yahoo Finance UK

    Best-selling cars: the UK’s most popular models in March

    The UK’s new car market has grown for eight consecutive months.

  • Yahoo Finance Video

    What to expect from the 2023 New York International Auto Show

    Yahoo Finance automotive reporter Pras Subramanian joins the Live show with a preview of the upcoming 2023 New York International Auto Show.

  • Reuters

    Nissan, Renault confident of finalising alliance deal soon

    TOKYO (Reuters) -Japanese automaker Nissan and France's Renault are confident the agreements on reshaping their alliance will be signed soon, they both said on Friday. They were responding to a report by Japanese news agency Jiji which said the final contract to reboot their alliance may be delayed until April or later due to extended discussion on intellectual property, including for electric vehicles. After months of intense talks, they agreed in January on a sweeping remake of their two-decade-old alliance that will see Renault reduce its stake in Nissan to 15% from about 43% to put them on equal footing.

  • Reuters

    Renault in talks with Nissan on EV charging in Europe -Renault executive

    French car maker Renault is in talks with Nissan about synergies in electric vehicle charging in 11 European countries, Renault's charging unit CEO told Reuters on Thursday. Talks have already moved forward in France on charging boxes that customers can have installed at home for their Nissan EV, which will be supplied by the Mobilize unit of its partner Renault. "We are in talks about the 11 countries where we are present ... it is up to Nissan to decide," Nicolas Schottey said at the Autonomy Mobility conference about new mobilities in Paris.

  • Zacks

    The Zacks Analyst Blog Highlights Tesla, Volkswagen, General Motors and Nissan

    Tesla, Volkswagen, General Motors and Nissan are part of the Zacks top Analyst Blog.

  • Reuters

    Factbox-Insurers press carmakers for more help with EV batteries

    Insurers and industry experts say electric vehicle insurance premiums will keep rising as sales grow unless the car companies make it easier to access battery data and repair packs that are only slightly damaged in collisions. Ford Motor Co said it has simplified its battery module repair process and developed an easy way to replace the battery pack tray if the outside is damaged. General Motors Co said its new Ultium batteries are designed to be repaired at the module level, which is "significantly less expensive than replacing the entire battery pack."

  • Reuters

    Nissan workers at Tennessee plant reject union campaign

    (Reuters) -A group of technicians at Nissan Motor Co's Smyrna, Tennessee, factory voted overwhelmingly against joining a union on Thursday, marking yet another defeat for organized labor in the U.S. South. The tool and die workers in a 62-9 vote rejected a campaign by the International Association of Machinists and Aerospace Workers (IAM), according to results announced by the U.S. National Labor Relations Board. The 75 technicians would have been the first group to unionize at the Japanese automaker's largest assembly plant in North America.

  • Reuters

    Nissan downgrade seen as start of 'fallen angels' cycle

    The downgrade of Nissan Motor's credit rating from investment grade to junk by S&P Global on Tuesday marks the start of a cycle that could see as much as $55 billion of so-called "fallen angels" this year, said fund managers. Global supply-chain disruptions, higher labor costs and persistently high inflation in a slowing economy is expected to hurt companies in cyclical sectors like automotives, homebuilding and industrials, leading to rating downgrades of some investment-grade rated companies. S&P cut Nissan's rating by one notch to BB+ or junk, saying its profitability will remain weaker than global peers as softening demand for new car sales in the U.S. and Europe would pressure sales prices.

  • Reuters

    S&P cuts Nissan credit rating to junk status

    Nissan Motor Co Ltd's credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said the Japanese automaker's earnings will remain weaker than previously assumed, given the prospect of another tough year in 2023. S&P slashed Nissan's rating by one notch to BB+ from BBB-, it said in a statement, a move that placed it below investment grade. "Performance at the company has been sluggish for more than three years," the rating agency said in the statement, adding that the impact of global supply chain disruptions in key automotive components will likely continue in 2023.

  • Reuters

    Nissan and Mexican workers agree to 9% raise at Morelos plant, union says

    Labor representatives at a Nissan Motor Co Ltd plant in the central Mexican state of Morelos have reached an agreement with the Japanese carmaker to hike pay 9% as of April, the union said. Nissan's deal, which the union said a majority of workers approved in late February, is in line with other recent raises at automakers in Mexico as inflation cuts into purchasing power. Leobardo Herrera, head of the Independent Union of Nissan Mexico Workers, said the union aimed to boost pay beyond inflation - which stood at 7.76% in early February - and came to a deal quickly with the company.

  • Reuters

    Nissan raises global EV targets; to boost U.S. input

    TOKYO (Reuters) -Nissan Motor Co Ltd on Monday raised its electrified car sales goals and said it would boost power train production in the United States, as it looks to catch up in a segment dominated by newer automakers such as Tesla Inc. The Japanese automaker was a pioneer in electric vehicles (EVs) with its all-battery-powered Leaf but has struggled alongside many legacy automakers in the face of increasing competition from nimbler new entrants. Nissan now aims to have electrified vehicles - which include its advanced hybrid e-power cars - make up over 55% of global sales by fiscal 2030, up from a previous goal of 50%, it said.

  • Reuters

    Renault restores dividends on improving outlook

    BOULOGNE-BILLANCOURT, France (Reuters) - French carmaker Renault announced a dividend for the first time in four years, flagging improving margins and earnings as well as a full order book as its ongoing revamp starts to bear fruit. Though the company swung back to a loss with the hit from its withdrawal from Russia, the 2022 group operating margin doubled from the previous year to 5.6% as it focused on new launches, electric vehicles and fewer discounts. "We are out of the emergency room and back in the game, ready to fly and to race," Chief Executive Luca de Meo said on an analyst conference call after the carmaker reported full-year results.

  • Reuters

    Nissan, Renault plan India reboot with $600 million investment in new models

    NEW DELHI/TOKYO (Reuters) -Nissan Motor Co and Renault SA will invest $600 million to make six new models in India, one of three markets in which the two automakers plan to coordinate closely in a revamped alliance announced last week. The investment, planned over a period of three to five years, will fund the development of two electric models and four sport-utility vehicles (SUVs) for sale in India and abroad, Nissan's chief operating officer Ashwani Gupta told reporters in New Delhi. Nissan and Renault are making a renewed push into India, which has overtaken Japan to become the world's third-largest car market but where the pair lag the likes of Suzuki Motor and Hyundai Motor.

  • Reuters

    Nissan's 2022 contribution to Renault results highest in four years

    French carmaker Renault, which is revamping its 24-year old alliance with Nissan, said on Thursday the Japanese firm contributed 174 million euros ($187 million) to its own results in the fourth quarter. In 2018, Nissan contributed 1.5 billion euros to Renault's earnings, a watershed year for the alliance which was thrown into turmoil by the arrest of its architect and founder Carlos Ghosn amid accusations of financial wrongdoing. Nissan Motor Co earlier on Thursday posted a better-than-expected 155% jump in third-quarter operating profit, boosted by a weaker yen and cost management.

  • The Telegraph

    Only economic ‘war footing’ can beat Biden’s subsidy blitz

    Britain must shift to economic “war footing” with a wave of reform or risk being left behind by President Joe Biden's massive programme of subsidies, business leaders will warn on Tuesday.

  • Reuters

    Analysis-Renault cuts Nissan stake, shedding conglomerate discount may be tougher

    Renault SA has taken big steps to simplify its complicated alliance with Japan's Nissan Motor Co, but still faces a tough road ahead to escape the conglomerate discount that has long dogged its shares. The retooled agreement, details of which were announced at a presentation in London on Monday, will see Nissan investing in a stake of up to 15% in Renault's new electric vehicle unit, Ampere. Renault, as previously announced, will cut its Nissan stake to 15% from around 43% now.

  • The Guardian

    Nissan to take stake in Renault electric vehicle unit to repair alliance

    New 15-year deal includes working together on electronics and battery technology