NNBR - NN, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
6.75
-0.63 (-8.58%)
As of 3:59PM EDT. Market open.
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Previous Close7.38
Open7.24
Bid6.72 x 900
Ask6.72 x 900
Day's Range6.65 - 7.29
52 Week Range5.55 - 12.77
Volume256,037
Avg. Volume241,518
Market Cap300.142M
Beta (3Y Monthly)2.42
PE Ratio (TTM)N/A
EPS (TTM)-6.67
Earnings DateFeb 27, 2018 - Mar 5, 2018
Forward Dividend & Yield0.28 (3.77%)
Ex-Dividend Date2019-09-06
1y Target Est16.67
Trade prices are not sourced from all markets
  • MarketWatch

    Industrial company NN Inc. to eliminate dividend, cut capex in cost-cutting effort

    Diversified industrial company NN Inc. said Monday it is planning to eliminate its quarterly dividend, reduce capital spending and streamline facilities as part of a cost-cutting effort aimed at paying down debt and supporting growth. Charlotte, North Carolina-based NN said it expects to generate annualized savings of about $32 million. The company is expecting the cost cuts to be fully realized by the second quarter of 2020. "We are focused on carefully evaluating each of our businesses to determine where we can further streamline costs and allocate our capital more strategically and efficiently to ensure that we have the flexibility to continue to de-lever while also making investments that have the highest potential return," Chief Financial Officer Tom DeByle said in a statement. The company is also planning to refinance senior credit facilities to extend the tenor and provide additional liquidity to execute on its plans. Shares were not yet active premarket, but have gained 13% in 2019, while the S&P 500 has gained 19%.

  • PR Newswire

    NN, Inc. Announces Initiatives to Reduce Costs and Improve Cash Flow

    CHARLOTTE, N.C., Oct. 21, 2019 /PRNewswire/ -- NN, Inc. (NNBR), a diversified industrial company, today announced expense reduction and cash savings initiatives to help the Company continue to pay down its debt and support greater growth by reinvesting in its businesses.

  • Moody's

    NN, Inc. -- Moody's assign B3 rating to NN's new senior secured term loan, CFR affirmed at B3, stable outlook

    Rating Action: Moody's assign B3 rating to NN's new senior secured term loan, CFR affirmed at B3, stable outlook. Global Credit Research- 18 Oct 2019. Approximately $875 million of rated debt affected....

  • PR Newswire

    NN, Inc. Announces Departure of Carey Smith From Board of Directors

    CHARLOTTE, N.C., Sept. 26, 2019 /PRNewswire/ -- NN, Inc. (NNBR), a diversified industrial company, today announced that Carey Smith, Chief Operating Officer of Parsons Corporation, which recently went public in May of this year, is stepping down from the NN Board of Directors, effective November 14, 2019. Ms. Smith is departing due to her other professional commitments. Upon Ms. Smith's departure, NN will have seven directors, six of whom are independent.

  • PR Newswire

    NN, Inc. Names Warren Veltman Interim President and Chief Executive Officer

    CHARLOTTE, N.C., Sept. 16, 2019 /PRNewswire/ -- NN, Inc. (NNBR), a diversified industrial company, today announced that its Board of Directors has appointed Warren Veltman, Executive Vice President of the Company's Mobile Solutions group, as the Company's interim President and Chief Executive Officer, effective immediately. "While NN has made progress on its strategic priorities, the Company must focus on sharpening its execution and strengthening its balance sheet in order to drive improved financial and operational performance and enhance long-term shareholder value," said Robert Brunner, Chairman of the Board.

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    3 Long-Term Payers Declare Quarterly Dividends

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  • PR Newswire

    NN, Inc. Announces Quarterly Dividend

    CHARLOTTE, N.C., Aug. 30, 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. 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 Newswire

    NN, Inc. Names Thomas DeByle as New Chief Financial Officer

    CHARLOTTE, N.C., Aug. 27, 2019 /PRNewswire/ -- NN, Inc. (NNBR), a diversified industrial company, today announced the approval of the appointment of Thomas DeByle as the Company's Senior Vice President and Chief Financial Officer, which is anticipated to be effective on or before September 23, 2019. All forward-looking information is provided by the Company pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995 and should be evaluated in the context of these factors.

  • Moody's

    NN, Inc. -- Moody's announces completion of a periodic review of ratings of NN, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of NN, Inc. New York, August 21, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of NN, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • PR Newswire

    NN, Inc. to Close Facility in Fairfield, Ohio

    NN Power Solutions, a business group of NN, designs and manufactures a broad range of high precision metal and plastic components, assemblies, and finished products. With a focus on technical innovation, NN Power Solutions applies its world-class quality to the Power Distribution, Power Transmission, Energy Automation and Smart Grid, Sensors, Circuit Protection, Backup Power, Military and Aerospace, Automotive and Factory Automation markets.

  • NN (NNBR) Q2 2019 Earnings Call Transcript
    Motley Fool

    NN (NNBR) Q2 2019 Earnings Call Transcript

    NNBR earnings call for the period ending June 30, 2019.

  • PR Newswire

    NN, Inc. Reports Second Quarter 2019 Results

    CHARLOTTE, N.C. , Aug. 8, 2019 /PRNewswire/ --   NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the second quarter ended June 30, 2019 . GAAP Results ...

  • Analysts Estimate NN Inc. (NNBR) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate NN Inc. (NNBR) to Report a Decline in Earnings: What to Look Out for

    NN (NNBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • PR Newswire

    NN, Inc. To Hold Second Quarter 2019 Conference Call On Friday, August 9, 2019

    CHARLOTTE, N.C., July 22, 2019 /PRNewswire/ -- NN, Inc., (NNBR) a diversified industrial company, today announced that it will release second quarter 2019 financial results for the period ended June 30, 2019 after the close of the market on Thursday, August 8, 2019. Management will hold a conference call at 9 a.m. ET on Friday, August 9, 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. Headquartered in Charlotte, North Carolina, NN has 51 facilities in North America, Western Europe, Eastern Europe, South America and China.

  • Introducing NN (NASDAQ:NNBR), The Stock That Tanked 72%
    Simply Wall St.

    Introducing NN (NASDAQ:NNBR), The Stock That Tanked 72%

    Long term investing works well, but it doesn't always work for each individual stock. It hits us in the gut when we...

  • Moody's

    NN, Inc. -- Moody's revises NN's rating outlook to stable, CFR affirmed at B3, senior secured downgraded to B3

    Rating Action: Moody's revises NN's rating outlook to stable, CFR affirmed at B3, senior secured downgraded to B3. Global Credit Research- 20 Jun 2019. Approximately $917 million of rated debt affected....

  • PR Newswire

    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.

  • NN (NNBR) Q1 2019 Earnings Call Transcript
    Motley Fool

    NN (NNBR) Q1 2019 Earnings Call Transcript

    NNBR earnings call for the period ending March 31, 2019.

  • Associated Press

    NN: 1Q Earnings Snapshot

    The Charlotte, North Carolina-based company said it had a loss of 44 cents per share. Earnings, adjusted for one-time gains and costs, came to 20 cents per share. The results topped Wall Street expectations. ...

  • PR Newswire

    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 ...