Honda Motor Company, Ltd. (HMC)

NYSE: HMC · IEX Real-Time Price · USD
24.17
-0.43 (-1.75%)
At close: Dec 2, 2022 4:00 PM
24.49
+0.32 (1.32%)
After-hours: Dec 2, 2022 7:43 PM EST
-1.75%
Market Cap 41.73B
Revenue (ttm) 108.30B
Net Income (ttm) 4.54B
Shares Out 1.71B
EPS (ttm) 2.75
PE Ratio 8.79
Forward PE 7.28
Dividend $0.93 (3.85%)
Ex-Dividend Date Sep 29, 2022
Volume 1,201,782
Open 24.16
Previous Close 24.6
Day's Range 23.99 - 24.23
52-Week Range 21.44 - 32.15
Beta 0.86
Analysts Buy
Price Target 30.65 (+26.8%)
Earnings Date Nov 11, 2022

About HMC

Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Life Creation and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. The Automobile Business segment offers ... [Read more]

Industry Automobiles
IPO Date Dec 1, 1957
CEO Takahiro Hachigo
Employees 204,035
Stock Exchange NYSE
Ticker Symbol HMC
Full Company Profile

Financial Performance

In 2021, HMC's revenue was 14.55 trillion, an increase of 10.49% compared to the previous year's 13.17 trillion. Earnings were 707.07 billion, an increase of 7.55%.

Financial numbers in JPY Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for HMC stock is "Buy." The 12-month stock price forecast is 30.65, which is an increase of 26.81% from the latest price.

Price Target
$30.65
(26.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Honda Plans New Autonomous Features but Sees Long Road Ahead to Self-Driving Cars

The auto maker said it would focus for now on partially autonomous driving technology to improve safety, joining others that say fully self-driving cars aren't ready for prime time.

4 days ago - WSJ

Honda to launch fuel cell vehicle in 2024

Honda will launch a fuel cell electric vehicle in 2024 based on its bestselling CR-V crossover. The automaker said it will produce the CR-V variant at its Performance Manufacturing Center (PMC) in Marys...

4 days ago - TechCrunch

Volkswagen, Honda Suspend Production at China Plants Due to Covid-19 Curbs

The production halts underscore how supply-chain disruptions are bubbling up yet again in China.

Other symbols: VWAGY
4 days ago - WSJ

Is Honda Stock A Buy As Motorcycle Business Shines?

Honda Motor stock (NYSE: HMC) has gained 7.5% over the last month, marginally outperforming the broader S&P 500 which was up by about 5% over the same period.

1 week ago - Forbes

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Honda Motor Co., Ltd. - HMC

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Honda Motor Co., Ltd. ("Honda" or the "Company") (NYSE: HMC).

2 weeks ago - PRNewsWire

Honda (HMC) Q2 Earnings Miss, FY23 Sales & Profit View Up

For fiscal 2023, Honda (HMC) forecasts sales and operating profit of 17.4 trillion yen and at 870 billion yen, up from the prior guidance of 16.75 trillion yen and 830 billion yen, respectively.

3 weeks ago - Zacks Investment Research

Honda Motor Co., Ltd. (HMC:NYSE) Announced its Consolidated Financial Summary for the Fiscal 2nd Quarter Ended Septem...

TOKYO , Nov. 9, 2022 /PRNewswire/ --  Despite some unfavorable factors such as a decrease in automobile production and unit sales due to the impact of the semiconductor supply shortage, and an increase ...

3 weeks ago - PRNewsWire

Japan's Honda launches new EV model in China

Japan's Honda Motor Co unveiled the second model of its new China-only electric vehicle (EV) lineup on Saturday, targeting the fast-growing, battery-driven car segment in the world's largest auto market.

1 month ago - Reuters

Sony and Honda plan to start U.S. deliveries of their electric vehicle in 2026

This week's news builds on previous communications about the joint venture.

Other symbols: SONY
1 month ago - CNBC

Sony and Honda envision an EV that entertains while it takes the wheel

Sony and Honda have officially launched their joint mobility venture that aims to start delivering premium electric vehicles with automated driving capabilities in the United States in the spring of 202...

Other symbols: SONY
1 month ago - TechCrunch

Honda and Sony team up for EV

Yahoo Finance's Pras Subramanian joins the Live show to discuss Honda and Sony teaming up for the development of a new EV.

Other symbols: SONY
1 month ago - Yahoo Finance

SONY Establishes Mobility Business Joint Venture With Honda

The electric vehicles??? production under SONY's mobility joint venture with Honda is set to be carried out at Honda?

Other symbols: SONY
1 month ago - Zacks Investment Research

Honda and Sony are launching an EV that could connect to the metaverse — and Americans will be the first to get behin...

Sony Honda Mobility Inc wants to add value through software and an entertainment hub, which may include "digital innovations such as the metaverse."

Other symbols: SONY
1 month ago - Business Insider

Sony, Honda aim to deliver premium EV with subscription fees in 2026

A joint venture set up by Japan's Sony Group Corp and Honda Motor is aiming to deliver its first electric vehicles by 2026 and will sell them online, starting in the United States and Japan.

Other symbols: SONY
1 month ago - Reuters

Honda (HMC) Selects Ohio for Its $4.4B JV Battery Plant

Honda (HMC) chooses Fayette County, OH, to build its multibillion-dollar plant in a JV with LG Energy to make batteries for EVs.

1 month ago - Zacks Investment Research

Auto Biggies End Q3 on a Mixed Note, Q4 Prospects Gloomy

While GM and F report a year-over-year increase in Q3 U.S. vehicle sales, TM, HMC and STLA witness declines. The outlook for the rest of 2022 is getting increasingly cloudy amid growing economic concerns.

Other symbols: FGMSTLATM
1 month ago - Zacks Investment Research

Honda and LG are spending $3.5 billion to build a battery factory in Ohio

Honda and South Korean battery maker LG Energy Solutions are investing $3.5 billion to build a joint venture battery factory in southern Ohio, the car company said Tuesday.

1 month ago - CNN Business

Honda, LG to locate $4.4 billion battery plant in Ohio

Honda Motor and LG Energy Solution said on Tuesday they will build a new joint venture $4.4 billion battery plant in Ohio.

1 month ago - Reuters

Honda to create $700M EV hub in Ohio

Honda said on Tuesday it is spending $700 million to retool three of its Ohio plants to build electric vehicles as it aims to phase out gas engines by 2040. Batteries for the electric vehicles from Hond...

1 month ago - TechCrunch

Honda's new $4.4 billion EV battery plant will be built in Ohio

Construction of the new facility is expected to begin in early 2023, followed by mass production of pouch-type lithium-ion batteries by the end of 2025.

1 month ago - CNBC

Honda and LG Energy Solution Announce Ohio as Home to Joint Venture EV Battery Plant

New joint venture company to produce battery modules in Fayette County, Ohio EV batteries produced at JV plant to be provided to Honda plants for EV production MARYSVILLE, Ohio , Oct. 11, 2022 /PRNewswi...

1 month ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Honda Motor Co., Ltd. - HMC

New York, New York--(Newsfile Corp. - October 8, 2022) - Pomerantz LLP is investigating claims on behalf of investors of Honda Motor Co., Ltd. ("Honda" or the "Company") (NYSE: HMC). Such investors are ...

1 month ago - Newsfile Corp

Take a look at the Honda Prologue, its first all-electric SUV — one of 2 brand-new EVs developed with GM for the US m...

The Honda Prologue is the first electric SUV produced at Honda's Los Angeles design studio. See inside the tech-heavy EV that's set to launch in 2024.

Other symbols: GM
1 month ago - Business Insider

Honda doesn't want to wait until 2024 for its SUV customers to go electric

Honda unveiled Thursday the 2024 Honda Prologue, its first-ever battery-electric SUV that represents a crucial milepost along the automaker's journey to deliver 30 new EVs by the end of the decade.

1 month ago - TechCrunch