MZDAF - Mazda Motor Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
9.07
0.00 (0.00%)
At close: 10:22AM EST
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Previous Close9.07
Open9.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range9.07 - 9.07
52 Week Range8.07 - 12.00
Volume34
Avg. Volume250
Market Cap5.528B
Beta (3Y Monthly)1.71
PE Ratio (TTM)8.59
EPS (TTM)1.06
Earnings DateN/A
Forward Dividend & Yield0.32 (3.54%)
Ex-Dividend Date2020-03-30
1y Target EstN/A
  • Reuters

    UPDATE 2-Mazda sees 30% FY profit drop on strong yen, weak sales in U.S., China

    Mazda Motor Corp cut its annual profit forecast by nearly half on Friday as the Japanese automaker expects a strong yen and falling cars sales in the United States and China, its biggest markets, to drive earnings to a seven-year low. Japan's fifth-largest automaker expects to post 60 billion yen ($555.4 million) in operating profit for the year ending March, down from a prior outlook of 110 billion yen, and lower than a mean forecast of 69.5 billion yen from 20 analysts polled by Refinitiv. It represents a cut of nearly 30% from 82.3 billion yen profit a year ago and would be its weakest performance since the year ended March 2013.

  • Mazda sees 30% FY profit drop on strong yen, weak sales in U.S., China
    Reuters

    Mazda sees 30% FY profit drop on strong yen, weak sales in U.S., China

    Mazda Motor Corp cut its annual profit forecast by nearly half on Friday as the Japanese automaker expects a strong yen and falling cars sales in the United States and China, its biggest markets, to drive earnings to a seven-year low. Japan's fifth-largest automaker expects to post 60 billion yen ($555.4 million) in operating profit for the year ending March, down from a prior outlook of 110 billion yen, and lower than a mean forecast of 69.5 billion yen from 20 analysts polled by Refinitiv. It represents a cut of nearly 30% from 82.3 billion yen profit a year ago.

  • Asian markets little changed as investors weigh trade-war developments
    MarketWatch

    Asian markets little changed as investors weigh trade-war developments

    Asian markets were muted in early trading Tuesday amid positive developments on the U.S.-China trade front.

  • Reuters

    UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales

    Mazda Motor Corp reported a 79% drop in quarterly operating profit, falling significantly short of estimates, as it continues to struggle with declining U.S. and Chinese sales, while a strengthening yen also cut into its bottom line. Operating profit at Japan's No.5 automaker was 7.0 billion yen ($64 million) in the first quarter ended June, versus around 33 billion yen a year ago and less than half of an average forecast for 18.5 billion yen from analysts polled by Refinitiv. Mazda, however, reiterated its forecast for a 33% rise in operating profit to 110 billion yen in the year ending March.

  • Toyota to build new SUV, rather than car at Alabama plant
    Reuters

    Toyota to build new SUV, rather than car at Alabama plant

    Toyota Motor Corp said on Wednesday it will build a new sport utility vehicle at a $1.6 billion joint venture assembly plant in Alabama rather than produce Corolla cars. The largest Japanese automaker announced in January 2018 https://www.reuters.com/article/us-usa-alabama-plant/toyota-mazda-to-build-1-6-billion-plant-in-alabama-sources-idUSKBN1EY2PFit would build the factory in Alabama with Mazda Motor Corp. Toyota, which said the shift was due to "a growing consumer appetite for light trucks and SUVs," still expects to start production in 2021. Last week, the company said U.S. Corolla sales fell 5% in the first six months to 152,868, while overall Toyota car sales fell 8%.

  • Five Japanese automakers sign on to SoftBank-Toyota self-drive venture
    Reuters

    Five Japanese automakers sign on to SoftBank-Toyota self-drive venture

    Five Japanese automakers including Suzuki Motor Corp and Mazda Motor Corp on Friday said they would each invest 2% in the on-demand, self-driving car service venture set up by SoftBank Corp and Toyota Motor Corp. Suzuki, Mazda, Subaru Corp, Isuzu Motors Ltd and Toyota's compact car unit Daihatsu will each invest 57.1 million yen ($530,620) in the venture - dubbed Monet - in return for a 2% stake, the companies said in a statement.

  • Reuters

    Automakers tremble in Asia as Trump threatens Mexico tariffs

    Shares of major Asian automakers and suppliers tumbled on Friday after U.S. President Donald Trump threatened to slap tariffs on imports from Mexico from next month, potentially upending a decades-old business model of global manufacturers. Railing against a surge of illegal immigrants across the United States' southern border, Trump said he would hit all goods coming from Mexico with a 5% tariff, and would increase that each month until reaching 25% on Oct. 1, unless Mexico takes immediate action.

  • Reuters

    Mazda raises outlook, quarterly profit falls less than expected

    TOKYO (Reuters) - Mazda Motor Corp raised its annual earnings forecast on Wednesday after third-quarter operating profit fell less than expected despite slowing sales in China. Mazda said it now expected ...

  • Renault-Nissan typical of uneasy East-West auto partnerships
    Associated Press

    Renault-Nissan typical of uneasy East-West auto partnerships

    TOKYO (AP) — The arrest of Nissan's former chief executive Carlos Ghosn has raised doubts over the future of the alliance among automakers Nissan, Renault and Mitsubishi Motors that he helped to forge. Such partnerships wax and wane over time, but they've grown in importance as companies develop electric vehicles, net connectivity and artificial intelligence for autos.