NMR - Nomura Holdings, Inc.

NYSE - NYSE Delayed Price. Currency in USD
3.9100
-0.0300 (-0.76%)
At close: 4:02PM EDT
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Previous Close3.9400
Open3.9300
Bid3.9000 x 1800
Ask3.9100 x 1800
Day's Range3.8850 - 3.9500
52 Week Range3.5700 - 5.9800
Volume345,715
Avg. Volume339,608
Market Cap12.998B
Beta (3Y Monthly)1.20
PE Ratio (TTM)14.17
EPS (TTM)0.2760
Earnings DateN/A
Forward Dividend & Yield0.05 (1.35%)
Ex-Dividend Date2018-09-27
1y Target Est4.62
Trade prices are not sourced from all markets
  • Despite headwind, Japan's Nomura says intent on going it alone
    Reutersyesterday

    Despite headwind, Japan's Nomura says intent on going it alone

    Japan's Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told Reuters, pledging to stay independent even as the investment bank faces its first annual loss in a decade. Nomura in January reported a net loss of more than 101 billion yen ($903 million) in the first three quarters of the year to end-March. It has since announced an overhaul plan to cut $1 billion in cost from its wholesale business and close more than 30 of its 156 retail branches.

  • Financial Timesyesterday

    Nomura boss says bank has ‘no choice’ but to change

    When Koji Nagai enters the meeting room in Nomura’s headquarters with the Marc Chagall masterpiece at one end and the panorama of Tokyo’s financial district from the window, he looks like a leader under siege. The task of adapting European operations to the uncertainties of Brexit has been bruising, morale is low across the group, voluntary departures are gathering pace and the adverse trends afflicting the whole sector have exposed the flaws in Nomura’s decision-making.

  • Nomura CEO Vows to Stay Independent, Swiftly Cut Costs
    Bloombergyesterday

    Nomura CEO Vows to Stay Independent, Swiftly Cut Costs

    “We cherish the strengths and utility that we have through our independence as a Japanese financial group,” CEO Koji Nagai said in an interview in Tokyo on Friday. Nagai, 60, this month unveiled plans to cut $1 billion of expenses from Nomura’s struggling global trading and investment banking business, a move that has already resulted in dozens of job cuts worldwide. The firm’s valuation is close to the biggest discount to global peers in two decades, as investors digest whether the restructuring plan will end years of overseas losses since it bought Lehman Brothers Holdings Inc. operations in 2008.

  • Financial Times2 days ago

    Nomura chief Koji Nagai warns of severe job cuts in London

    Nomura’s chief executive has warned of large cuts to the group’s headcount in London as Japan’s biggest brokerage wrestles with the collapse of the trading business model that underpins the investment banking industry. , in combination with the prolonged weakness of the wholesale business, were deciding factors. While the latest cost-cutting scheme did not target a specific number of job cuts, he said, the initiative would result in a severe headcount reduction.

  • Morgan Stanley to Add More 5.5% Stake in China Joint Venture
    Zacks9 days ago

    Morgan Stanley to Add More 5.5% Stake in China Joint Venture

    Morgan Stanley's (MS) acquisition of an additional 5.5% stake in its China mutual funds joint venture for $3.73 million will make it the largest shareholder.

  • Nomura Sinks Faster Than Deutsche Bank as Shareholders Flee
    Bloomberg9 days ago

    Nomura Sinks Faster Than Deutsche Bank as Shareholders Flee

    Japan’s largest brokerage has dropped almost 3 percent in Tokyo trading since Chief Executive Officer Koji Nagai unveiled a sweeping overhaul plan on April 4, bringing its six-month slide to 23 percent. Nomura’s valuation discount versus global financial companies deepened to 58 percent this week, the widest gap since Bloomberg began tracking the data in 1999.

  • InvestorPlace11 days ago

    7 Vulnerable Stocks to Watch On Brexit News and Trade Wars

    There's a lot of chaos in Europe right now. There's been a major slowdown in China, and Japan, Italy (and soon Germany) are in a recession. And, of course, there's Brexit -- the most chaotic mess of them all.Here's a quick recap: Back in late June 2016, Britain voted to leave the European Union (EU). The vote shocked the world, especially the EU and even the people of Britain. So, in the nearly three years since, the EU and British Parliament have failed to come to a deal, and the initial Brexit date of March 29, 2019 has passed.So far, Prime Minister Theresa May has failed multiple times to convince Members of Parliament (MPs) to approve her revised exit plans. In fact, she even offered to resign if the MPs agree to Brexit. The reality is that most MPs are not in favor of Brexit, and are secretly hoping for a second referendum vote.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut now the EU has another big problem on its hands. This morning, President Trump announced billions in new tariffs:The World Trade Organization finds that the European Union subsidies to Airbus has adversely impacted the United States, which will now put Tariffs on $11 Billion of EU products! The EU has taken advantage of the U.S. on trade for many years. It will soon stop!-- Donald J. Trump (@realDonaldTrump) April 9, 2019The stock market stumbled on the news, with the Dow falling more than 200 points, though it did bounce back into the close after the "smart money" jumped in later in the afternoon.So, what does this mean for stocks going forward? And should you be worried?My answer is no. That said, I also suggest taking a more domestic investing approach.The U.S. is the oasis around the world. Our economy is resilient and on track for solid 2% growth this year. That makes the United States a safe haven for investors all over the world. (The strong dollar is great evidence of that.) So, the best investments remain in domestic companies.But it's not always that simple, since many stocks are multinationals these days.This being the case, you don't want to "throw the baby out with the bathwater" by ditching great investments. But, at the same time, you certainly don't want your portfolio dragged down by too much exposure to the situations I mentioned before.That's where my Portfolio Grader comes in.My ratings tool does not know what Theresa May, Donald Trump, Angela Merkel, or anyone else is doing and saying. But it does know where big money is flowing. And when that nozzle shuts off, it's time to take a second look. Over many years, I've found that this type of money flow is the biggest determining factor in an investment's success (or failure).You also want to look at the fundamentals. And if a multinational company's earnings, sales, cash flow, etc. aren't so hot now…then its exposure to Brexit and trade wars certainly isn't going to help matters!With that in mind, these are stocks to watch -- and avoid:Company Symbol Quantitative Grade Fundamental Grade International Game Technology PLC NYSE:IGT F D MoneyGram International NASDAQ:MGI F C Nordic American Offshore Ltd. NYSE:NAO F C Nomura Holdings (ADR) NYSE:NMR F F Ryanair Holdings PLC (ADR) NASDAQ:RYAAY F D Telecom Italia (ADR) NYSE:TI.A F D Venator Materials PLC NYSE:VNTR F D Some of them are U.K.-based, right in the middle of the Brexit mess. Nomura is not only Japan's largest asset manager -- but does plenty of European business from its London office. Telecom Italia isn't faring much better, with the economic malaise there. And the rest have exposure to all sorts of troubled economies.As you can see, Portfolio Grader gives all of these vulnerable stocks an "F" for their Quantitative Score, my proprietary indicator of money flow.Instead, money is flooding into stocks that have much stronger fundamentals, AND another key factor of success: a healthy dividend.By that, I mean a dividend with a long history…that's growing over time…and comes from a business that can sustain that in the future.In a world of slow growth -- and no yield -- these are the companies that will do well on Wall Street…while the others struggle.I call them "Money Magnets." And you can see exactly what makes them such a compelling opportunity at this link.Even in troubled times, money has to go somewhere. It'll just go into fewer and fewer stocks.Which makes these stocks a cash cow to those of us who get positioned now.It's not too late. But I'd hate for anyone to look back on this in a few months, and wish they'd acted. Because there won't be much I can do about it then.So, be sure to check out my Money Magnets briefing -- free at this link.Compare Brokers The post 7 Vulnerable Stocks to Watch On Brexit News and Trade Wars appeared first on InvestorPlace.

  • SoftBank Names Nomura to Lead $4.5 Billion Bond Sale
    Bloomberg12 days ago

    SoftBank Names Nomura to Lead $4.5 Billion Bond Sale

    Nomura plans to sell about 150 billion yen of the notes, while Daiwa Securities Group Inc. will handle about 90 billion yen and SMBC Nikko Securities Inc. about 80 billion yen, the people said, asking not to be identified because the matter is private. The sale is aimed at individual investors and will help SoftBank repay a mountain of debt coming due over the next six months. It will also be SoftBank’s second mammoth fundraising from public investors within six months, following the December initial public offering for its telecom unit that raised more than 2 trillion yen mainly from individual investors.

  • Nomura to Cut Jobs, Close Branches to Boost Wholesale Unit
    Zacks15 days ago

    Nomura to Cut Jobs, Close Branches to Boost Wholesale Unit

    To lower losses at its struggling operations in the United States and Europe, Nomura (NMR) intends to cut jobs and reduce branches across wholesale business.

  • Bank Stock Roundup: Rise in Bond Yield, Easing Global Growth Concerns, JPM & WFC in Focus
    Zacks15 days ago

    Bank Stock Roundup: Rise in Bond Yield, Easing Global Growth Concerns, JPM & WFC in Focus

    Banking stocks rallied on subdued investors' concerns regarding global economy growth and easing regulations.

  • What's Left of Nomura After $1 Billion in Cuts?
    Bloomberg16 days ago

    What's Left of Nomura After $1 Billion in Cuts?

    After three straight quarters of losses, the Japanese investment bank unveiled plans to cut $1 billion in costs from its struggling wholesale business. Ever since it bought Lehman Brothers Holdings Inc.’s Asian and European assets more than a decade ago, Nomura’s on-again, off-again attempts to build up overseas have been familiar to investors. The cuts within Japan – including shuttering 30 of its 156 domestic retail branches – make sense in an increasingly online world of stock and bond trading, particularly against the backdrop of a sluggish economy.

  • Nomura's $1 Billion Turnaround Plan Starts With Wave of Job Cuts
    Bloomberg16 days ago

    Nomura's $1 Billion Turnaround Plan Starts With Wave of Job Cuts

    Japan’s largest securities firm will cull about 150 jobs across the Americas and Europe, the Middle East and Africa on top of reductions in Hong Kong and Singapore as part of the overhaul, people with knowledge of the matter said. Nomura executives told investors they intend to shrink the bank’s presence in dicier trading businesses overseas in favor of “risk-light” transactions for clients. “To restart this company” as a new Nomura, “I have to commit myself to proceeding quickly with efforts to build a muscular base,” Chief Executive Officer Koji Nagai told investors.

  • Is Nomura Holdings, Inc. (NMR) A Good Stock To Buy Now?
    Insider Monkey16 days ago

    Is Nomura Holdings, Inc. (NMR) A Good Stock To Buy Now?

    Nomura Holdings, Inc. (NYSE:NMR) investors should be aware of an increase in enthusiasm from smart money lately. NMR was in 5 hedge funds' portfolios at the end of December. There were 2 hedge funds in our database with NMR holdings at the end of the previous quarter. Our calculations also showed that NMR isn't among […]

  • Reuters16 days ago

    Japan's Nomura axeing jobs and bank branches to cut costs by $1 bln

    Japan's Nomura Holdings will cut $1 billion in costs from its wholesale business and shut more than 30 of 156 domestic retail branches in its latest overhaul, the ailing bank said on Thursday. Nomura also plans to axe about 100 jobs in London -- the centre for its European investment banking business -- as part of the overhaul, a banking source told Reuters. The wholesale segment has been dragging on the performance of Japan's biggest brokerage and investment bank, pushing it to its heaviest quarterly loss in nearly 10 years in the three months to December.

  • Japan's Nomura axing jobs and bank branches to cut costs by $1 billion
    Reuters16 days ago

    Japan's Nomura axing jobs and bank branches to cut costs by $1 billion

    Japan's Nomura Holdings will cut $1 billion (760.23 million pounds) in costs from its wholesale business and shut more than 30 of 156 domestic retail branches in its latest overhaul, the ailing bank said on Thursday. Nomura also plans to axe about 100 jobs in London -- the centre for its European investment banking business -- as part of the overhaul, a banking source told Reuters. The wholesale segment has been dragging on the performance of Japan's biggest brokerage and investment bank, pushing it to its heaviest quarterly loss in nearly 10 years in the three months to December.

  • Reuters16 days ago

    Japan's Nomura to axe 100 London jobs as part of business overhaul

    Japan's Nomura Holdings is to axe around 100 jobs in London as part of a restructuring of its global business, a source at the bank told Reuters on Thursday. Nomura said earlier it would cut $1 billion in costs from its wholesale business and shut more than 30 of its 156 domestic retail branches, in its latest attempt to turn around its struggling business. Japan's biggest brokerage and investment bank will shed about 100 positions in London, which is the centre for its European business, said the source, who declined to be named.

  • Nomura to Cut About 100 Jobs at Its Troubled European Business
    Bloomberg16 days ago

    Nomura to Cut About 100 Jobs at Its Troubled European Business

    Most of the job cuts will target rates and credit traders at Nomura’s London-based Europe, Middle East and Africa division, said the person, who requested anonymity as the numbers aren’t final. The Japanese brokerage plans to reduce costs at its so-called flow businesses in the EMEA region by 50 percent as part of a sweeping range of job cuts, Co-Chief Operating Officer Kentaro Okuda said in a presentation Thursday. The Japanese bank has struggled to generate profits in Europe ever since it bought Lehman Brothers Holdings Inc.’s operations there in 2008.

  • Nomura Eliminates Equity Jobs Overseas as Revamp Looms, Sources Say
    Bloomberg16 days ago

    Nomura Eliminates Equity Jobs Overseas as Revamp Looms, Sources Say

    Japan’s largest securities firm is slashing the bulk of its equities research operation in Singapore, according to the people, who asked not to be identified because the cuts aren’t public yet. Under Chief Executive Officer Koji Nagai, Nomura has been losing money abroad while revenue at its mainstay domestic retail business has dropped for four straight quarters. Nagai, 60, is scheduled to unveil his latest strategy to investors in Tokyo later Thursday.

  • China Approves JPMorgan & Nomura's Brokerage Joint Ventures
    Zacks19 days ago

    China Approves JPMorgan & Nomura's Brokerage Joint Ventures

    Approval for majority-owned joint ventures by the Chinese regulator will help expansion of operations for both JPMorgan (JPM) and Nomura (NMR).

  • Reuters22 days ago

    UPDATE 1-JPMorgan, Nomura get approval to set up China brokerage JVs

    JPMorgan Chase & Co and Nomura Holdings Inc on Friday received Chinese regulatory approval to set up brokerage joint ventures, in the latest step to widen foreign firms' access to the financial sector. The China Securities Regulatory Commission (CSRC) told a news conference in Beijing it would resolutely implement a national policy of further opening up its market. JPMorgan and Nomura did not have an immediate comment.

  • Nomura Plans Dozens of Job Cuts in Europe and the U.S.
    Bloomberg23 days ago

    Nomura Plans Dozens of Job Cuts in Europe and the U.S.

    Executives at the Tokyo-based firm may shed more than 100 traders and bankers across its overseas units, according to the people, who requested anonymity as the information isn’t public. The bulk of the reductions are likely to come at Nomura’s troubled European business, which has lost billions of dollars in the past decade, the people said. Nomura Chief Executive Officer Koji Nagai and his wholesale banking head Steven Ashley are under pressure to turn around the international parts of the group after years of failing to produce sustainable profits.