NNBR - NN, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.68
+0.38 (+4.58%)
As of 2:25PM EDT. Market open.
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Previous Close8.30
Open8.33
Bid8.77 x 800
Ask8.79 x 800
Day's Range8.25 - 8.80
52 Week Range5.55 - 22.15
Volume191,743
Avg. Volume317,960
Market Cap367.746M
Beta (3Y Monthly)2.27
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.28 (3.63%)
Ex-Dividend Date2019-06-20
1y Target EstN/A
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All
News
Press Releases
  • PR Newswire2 days ago

    NN, Inc. Announces Amendment To Credit Facility

    CHARLOTTE, N.C., June 17, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, announced that on June 11, 2019, it entered into an amendment to its Amended and Restated Credit Agreement.  The amendment reduced the amount available under the Company's senior secured revolver and increased the consolidated net leverage ratios for quarterly periods ending on or after March 31, 2019.  The principal rationale for the amendment was to create additional flexibility for the purpose of maintaining the Company's historical dividend practice. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis.  Headquartered in Charlotte, North Carolina, NN has 51 facilities in North America, Western Europe, Eastern Europe, South America and China.

  • PR Newswire8 days ago

    NN, Inc. Announces Quarterly Dividend

    CHARLOTTE, N.C., June 11, 2019 /PRNewswire/ -- NN, Inc. (NNBR), a diversified industrial company, today announced that its Board of Directors declared a quarterly cash dividend of $0.07 per common share.  The dividend will be paid on June 28, 2019, to stockholders of record as of the close of business on June 21, 2019. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. Except for specific historical information, many of the matters discussed in this press release may express or imply projections of revenues or expenditures, statements of plans and objectives or future operations or statements of future economic performance.

  • PR Newswirelast month

    NN, Inc. Reports First Quarter 2019 Results

    CHARLOTTE, N.C. , May 9, 2019 /PRNewswire/ --   NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the first quarter ended March 31, 2019 . GAAP Results ...

  • PR Newswire2 months ago

    NN, Inc. to Hold First Quarter 2019 Conference Call on Friday, May 10, 2019

    CHARLOTTE, N.C., April 19, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, today announced that it will release first quarter 2019 financial results for the period ended March 31, 2019 after the close of the market on Thursday, May 9, 2019. Management will hold a conference call at 9 a.m. ET on Friday, May 10, 2019 to review the Company's results. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis.

  • PR Newswire2 months ago

    NN, Inc. to Close Tennessee Shared Service Center

    CHARLOTTE, N.C., April 18, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, today announced that it will close its shared services center in Johnson City, TN at the end of June. The move aligns with the Company's strategic focus on operating excellence and efficiency as it looks to streamline services and reduce cost as part of the NN Operating System. Richard Holder, President and CEO, commented, "The associates in our shared services center have worked diligently to support the business, and we greatly appreciate their efforts.

  • PR Newswire3 months ago

    NN, Inc. Reports Fourth Quarter And Full Year 2018 Results

    CHARLOTTE, N.C. , March 13, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and the year ended December 31, ...

  • PR Newswire3 months ago

    NN, Inc. Announces Anticipated Non-Cash Intangible Asset Impairment Charges

    CHARLOTTE, N.C., March 13, 2019 /PRNewswire/ -- NN, Inc., (NNBR) ("NN" or "the Company") a diversified industrial company, today announced that the Company expects to record a non-cash intangible asset impairment charge in its Mobile Solutions and Power Solutions groups in the fourth quarter of its fiscal year ending December 31, 2018 (FY18). The Company does not expect the impairment charge to have any impact on future operations, nor affect its liquidity, cash flows from operating activities, or compliance with the financial covenants set forth in its debt instruments. In accordance with Accounting Standards Codification (ASC) 350 "Intangibles Goodwill and Other," the Company is required to test its goodwill and other indefinite-lived intangible assets for impairment annually.  During the fourth quarter of FY18, NN's market capitalization declined to a level that was less than the net book value of stockholders' equity.  NN performed its annual goodwill impairment analysis as of October 1, 2018.

  • PR Newswire4 months ago

    NN, Inc. To Hold Fourth Quarter And Full Year 2018 Conference Call On Thursday, March 14, 2019

    CHARLOTTE, N.C., Feb. 28, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, today announced that it will release fourth quarter and full year 2018 financial results for the period ended December 31, 2018 after the close of the market on Wednesday, March 13, 2019. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis.  Headquartered in Charlotte, North Carolina, NN has 51 facilities in North America, Western Europe, Eastern Europe, South America and China. Except for specific historical information, many of the matters discussed in this press release may express or imply projections of revenues or expenditures, statements of plans and objectives or future operations or statements of future economic performance.

  • PR Newswire4 months ago

    William Dries To Retire From NN Board Of Directors

    CHARLOTTE, N.C., Feb. 26, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, today announced that William "Bill" Dries will retire from the Company's board of directors, effective as of NN's annual meeting to be held in May 2019. Mr. Dries joined the board in 2014 and currently serves as the Audit Committee chairman and a member of the Compensation Committee. Upon Mr. Dries' retirement, the Company will reduce the size of its board of directors from nine to eight. William Dries, commented, "It has been a privilege to serve on NN's board over the last five years.

  • PR Newswire4 months ago

    NN, Inc. Expands Its Board of Directors

    CHARLOTTE, N.C., Feb. 26, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, today announced that its board of directors has unanimously voted to expand its board by appointing Jeri Harman, Founder & Chairman of Avante Capital Partners, and Janice Stipp, formerly Senior Vice President, Chief Financial Officer & Treasurer at Rogers Corporation (retired), as new independent directors, effective immediately.  NN's board will now be comprised of nine directors, eight of whom are independent. Additionally, as part of its commitment to good corporate governance, the Company also announced that it will approve and recommend amendments to its Restated Certificate of Incorporation to implement the Company's transition to annual elections for directors.

  • GlobeNewswire4 months ago

    Factors of Influence in 2019, Key Indicators and Opportunity within Procter & Gamble, Hertz Global, NN, Omnicell, BioDelivery Sciences International, and Movado Group — New Research Emphasizes Economic Growth

    NEW YORK, Feb. 19, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • PR Newswire4 months ago

    NN, Inc. Enters Into New Interest Rate Swap, Lowering Rate and Moving to Fixed Rate Debt

    CHARLOTTE, N.C., Feb. 11, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, today announced that the Company has entered into a new interest rate swap transaction that will provide a fixed rate on $700 million of its senior secured debt through the end of 2020 and will amortize down through October of 2022.  The transaction will also reduce NN's interest rate by six basis points on $700 million of its outstanding debt. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis.  Headquartered in Charlotte, North Carolina, NN has 51 facilities in North America, Western Europe, Eastern Europe, South America and China.

  • PR Newswire4 months ago

    NN, Inc. To Tout Latest Engineered Solutions At MD&M West

    CHARLOTTE, N.C., Feb. 4, 2019 /PRNewswire/ -- NN, Inc., (NNBR) ("NN" or "the Company"), announced today that its NN Life Sciences group will exhibit at the 2019 Medical Design & Manufacturing West (MD&M) show, held February 5-7 in Anaheim, California. MD&M West is the world's largest medical design and manufacturing event. NN Life Sciences, a business group of NN, Inc., partners with clients to provide end-to-end engineered solutions.

  • PR Newswire5 months ago

    NN, Inc. Announces CFO Transition

    CHARLOTTE, N.C., Feb. 1, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, today announced that Chief Financial Officer Thomas C. Burwell will be departing from the company.  Mr. Burwell has agreed to remain in his current role and assist with an orderly transition while a search for a replacement is conducted. Richard Holder, President & Chief Executive Officer, commented, "I want to thank Tom for the significant contributions he has made to NN over the last 13 plus years.  He has been an important part of our transformation into the diversified industrial company we are today. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis.  Headquartered in Charlotte, North Carolina, NN has 51 facilities in North America, Western Europe, Eastern Europe, South America and China.

  • PR Newswire5 months ago

    NN, Inc. To Showcase Drug Delivery Capabilities At Drug Delivery Partnerships 2019

    CHARLOTTE, N.C., Jan. 22, 2019 /PRNewswire/ -- NN, Inc., (NNBR) ("NN" or "the Company"), announced today that its NN Life Sciences group will exhibit at the 2019 Drug Delivery Partnerships (DDP), held January 28-30 in Palm Beach Gardens, Florida. The exhibit will mark the company's debut at DDP, which is regarded as the world's foremost authoritative drug delivery technology and innovation event. The event, which is in its 23rd year, provides a forum for participants to network, form partnerships and learn about advances in drug delivery technology.

  • GlobeNewswire7 months ago

    Research Report Identifies Advanced Energy Industries, Altair Engineering, Rambus, Regulus Therapeutics, NN, and Halcon Resources with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement

    NEW YORK, Nov. 28, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • PR Newswire7 months ago

    NN, Inc. Reports Third Quarter 2018 Results

    CHARLOTTE, N.C. , Nov. 7, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the third quarter ended September 30, 2018 . GAAP Results ...

  • PR Newswire8 months ago

    NN, Inc. To Hold Third Quarter 2018 Conference Call On Thursday, November 8, 2018

    CHARLOTTE, N.C., Oct. 8, 2018 /PRNewswire/ -- NN, Inc., (NNBR) ("NN" or "the Company") a diversified industrial company, announced today that it will release third quarter 2018 financial results for the period ended September 30, 2018 after the close of the market on Wednesday, November 7, 2018. Management will hold a conference call at 9 a.m. ET on Thursday, November 8, 2018 to review the Company's results.  The call can be accessed live or as a replay at www.nninc.com.  For those who are unavailable to listen to the live broadcast, a replay will be available shortly after the call for 90 days. Except for specific historical information, many of the matters discussed in this press release may express or imply projections of revenues or expenditures, statements of plans and objectives or future operations or statements of future economic performance.

  • PR Newswire9 months ago

    NN, Inc. To Expand Manufacturing Capabilities In Massachusetts

    CHARLOTTE, N.C., Oct. 2, 2018 /PRNewswire/ -- NN, Inc., (NNBR) ("NN" or "the Company") a diversified industrial company, today announced that its Power Solutions group will expand its manufacturing capabilities and presence in the northeast to meet growing demand in the Aerospace and Defense Markets. The 100,000-square-foot facility in Taunton, Massachusetts will be developed in the Myles Standish Industrial Park (MSIP) and encompass approximately 80,000-square-feet of manufacturing space and 20,000-square-feet of office space. Christopher Qualters, Executive Vice President – Power Solutions, commented, "As NN's Aerospace and Defense business continues to grow, this new state-of-the-art facility in Taunton will allow us to provide more of our precision engineered solutions for this rapidly expanding market.

  • PR Newswire9 months ago

    NN, Inc. Provides Update On Strategic Repositioning At Annual Investor Day

    CHARLOTTE, N.C., Sept. 26, 2018 /PRNewswire/ -- NN, Inc., (NNBR) ("NN" or "the Company") a diversified industrial company, today is hosting its annual investor day to showcase its new global headquarters in Charlotte, North Carolina and share an update on the execution of its strategic plan and the repositioning of its business. Presentations from President & CEO Richard Holder and other members of the executive team will begin at approximately 8:30 a.m. ET. Mr. Holder said, "NN has made significant strides in executing our strategic plan through the creation of a more balanced portfolio and the expansion into higher-growth end markets, driving forward our transformation into a leading diversified industrial company.

  • PR Newswire9 months ago

    NN, Inc. Announces Closing of Public Offering of Common Stock, Exercise of Option to Purchase Additional Shares and Repayment in Full of Second Lien Facility

    CHARLOTTE, N.C., Sept. 18, 2018 /PRNewswire/ -- NN, Inc., (NNBR) ("NN" or "the Company") a diversified industrial company, today announced the closing of its previously disclosed public offering of common stock. The total number of shares of common stock sold was 14,375,000, composed of 12,500,000 shares of common stock initially offered and an additional 1,875,000 shares of common stock sold pursuant to the exercise of the underwriters' option to purchase additional shares, in each case at the public offering price of $16.00 per share. The net proceeds to NN from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, are approximately $216,925,000.

  • PR Newswire9 months ago

    NN, Inc. Announces Pricing Of Public Offering Of Common Stock

    CHARLOTTE, N.C., Sept. 13, 2018 /PRNewswire/ -- NN, Inc., (NNBR) ("NN" or "the Company") a diversified industrial company, today announced the pricing of an underwritten public offering of 12,500,000 shares of its common stock at a price of $16.00 per share. NN has granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock. The net proceeds to NN from the offering, after deducting underwriting discounts and estimated offering expenses, are expected to be approximately $188,500,000 (or approximately $216,925,000 if the underwriters exercise their option to purchase additional shares of common stock in full).