SNE - Sony Corporation

NYSE - NYSE Delayed Price. Currency in USD
48.34
-2.15 (-4.26%)
At close: 4:02PM EDT

48.33 -0.01 (-0.02%)
After hours: 4:18PM EDT

Stock chart is not supported by your current browser
Previous Close50.49
Open48.48
Bid48.23 x 2200
Ask48.34 x 1200
Day's Range48.13 - 48.57
52 Week Range41.91 - 61.02
Volume1,870,940
Avg. Volume1,751,040
Market Cap59.941B
Beta (3Y Monthly)1.02
PE Ratio (TTM)10.16
EPS (TTM)4.76
Earnings DateN/A
Forward Dividend & Yield0.26 (0.52%)
Ex-Dividend Date2018-09-27
1y Target Est63.55
Trade prices are not sourced from all markets
  • Sony envisions 'clothes' with haptic feedback for PSVR
    Engadget6 hours ago

    Sony envisions 'clothes' with haptic feedback for PSVR

    Sony might have grander virtual reality ambitions for the PlayStation 5 beyonda headset and traditional controllers to let you play games Ready Player One-style in a body suit

  • Coming to a VR device near you: interacting with your favorite superheroes
    MarketWatchyesterday

    Coming to a VR device near you: interacting with your favorite superheroes

    Facebook's latest virtual reality (VR) device, called Oculus Quest, gets good reviews. Apps download straight to the device and WiFi connects users for multiplayer games. Comic book superheroes are notably scarce in VR content, which seems odd because comic book fans are super-passionate about their make-believe worlds.

  • Nokia Stock Is a Short-Term Trade And That’s About It
    InvestorPlaceyesterday

    Nokia Stock Is a Short-Term Trade And That’s About It

    When I worked at Sony (NYSE:SNE), a colleague who came over from Nokia (NYSE:NOK) shared a running joke at his former employer: Sony who? I declined to ask the obvious question, but it appears that karma never forgets or forgives. Just look at the chart for NOK stock to understand what I'm talking about.Source: Shutterstock After falling to dramatic lows in 2016, the telecom-equipment maker provided a compelling opportunity to extreme contrarians. Generally speaking, they made the right move. But now, the Nokia stock price has given up more than 13% since January's opening price. Moreover, analysts are questioning whether the company can truly complete its promised turnaround.Of course, that turnaround comes in the form of the global 5G-network rollout. Although Nokia's smartphone brand -- now "relegated" to a licensing business -- is pretty much irrelevant, management transitioned to network services. The idea here is that as a well-recognized international firm, Nokia has an advantage against competitors, thereby boosting NOK stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Chinese Stocks That Could Pop On a Trade Deal Unfortunately, that narrative lost credibility simply because NOK failed to deliver substantive results. That may have changed, though, with recent news that Ooredoo Qatar inked a deal with the Finish telecom to built out its 5G network. Considering that the Nokia stock price is again rock-bottom levels, this may represent another profitable contrarian opportunity.I'm going to be blunt: I don't like NOK stock as a long-term play. But if you're angling for a quick buck (and you understand the risks), this is a reasonable trade. Technically, the embattled telecom firm's shares have historically bounced back from spike lows. Moreover, you have fundamental justification in the Ooredoo deal.But don't overexpose yourself to Nokia stock, and here's why: Turnaround Story for NOK Stock Faces Giant HurdlesEvery organization at one point comes to a critical pivot. It's in the struggle that we determine who will make it and who won't. But as NOK stock is concerned, the underlying company has multiple and perhaps insurmountable challenges.First, let's talk about their front-face smartphone brand. NOK is now in the licensing game, and smartphones represent a very small portion of their total revenue. Still, they make royalties off Nokia-branded products. And let's face it: management is in no position to turn down any amount of sales.The problem here is that along with the rest of Nokia's businesses, the device segment is declining. Looking at their latest smartphones, all I can think was "oh dear." They're bland and unimaginative. At a time when Apple (NASDAQ:AAPL) is incurring questions about their hardware, this is the time to strike. Unfortunately, it's a missed opportunity for Nokia stock.But the overriding challenge comes from the networks side. It's 89% of Nokia's sales, so it's do or die. The good news, as we saw with the Ooredoo deal, is that 5G is a technology of tomorrow. However, as our own Dana Blankenhorn explained, competition is fierce.NOK stock jumped on 5G's groundbreaking potential. But that same bullish narrative applies to other companies that don't share Nokia's problems.Also, the all-important numbers don't provide any confidence toward the turnaround story. In the first quarter of 2019, Nokia generated only $5.72 billion in top-line sales. That's a 5.6% drop year-over-year. Not only that, it's almost dead-even with Q1 2017's sales haul. Essentially, this means that NOK has gone nowhere since becoming a "new" company. * 5 Great Tech ETFs That Aren't the XLK Since there's nothing particularly distinctive about the company's approach to 5G, I'm not ready to risk jumping on Nokia stock. Dividend Is Nice, But Not Attractive EnoughThat said, NOK stock isn't without its strong points. The one standout for the telecom is its lofty dividend rate. At 4.5%, it will draw some eyeballs.I'm not against taking risky bets based partially on their dividend payout. After all, I own some shares of AT&T (NYSE:T). For me, though, the difference comes down to credibility. I believe in AT&T's longer-term vision, and it has the necessary large-scale support to meet it. With Nokia stock, I mostly see a commoditized organization with shaky fundamentals.But as I said earlier, NOK can make some moves from here. If it does, just take your profits and run. After years of turnaround efforts, it's still not getting the job done.As of this writing, Josh Enomoto is long Sony and AT&T shares. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post Nokia Stock Is a Short-Term Trade And Thata€™s About It appeared first on InvestorPlace.

  • Reuters2 days ago

    Sony sees smartphone business as indispensable, says CEO

    Sony Corp sees the smartphone business as indispensable to its brand portfolio, its CEO said, bucking calls from some investors that the Japanese electronics firm should scrap the money-losing business. Sony's consumer electronics hardware business "has centred on entertainment since our foundation, not daily necessities like refrigerators and washing machines," Kenichiro Yoshida told a group of journalists on Wednesday. The business, originally a joint venture with Sweden's Ericsson that Sony took full control of in 2012, has a global market share of less than 1%, shipping just 6.5 million handsets annually, mainly to Japan and Europe, according to Sony's financial statement.

  • Microsoft Gives Sony's Chipmaking Business a Boost
    Motley Fool2 days ago

    Microsoft Gives Sony's Chipmaking Business a Boost

    As part of a strategic partnership, Microsoft plans to develop new AI-powered image sensors with Sony.

  • Microsoft (MSFT) to Bring Moderation Features to Xbox Live
    Zacks2 days ago

    Microsoft (MSFT) to Bring Moderation Features to Xbox Live

    Microsoft (MSFT) to roll out moderation features on Xbox Live by end of 2019 to deliver a safe gaming environment.

  • How Does Fortnite Make Money?
    Investopedia2 days ago

    How Does Fortnite Make Money?

    Epic Games grossed a $3 billion profit in 2018. But how does a game like Fortnite actually make money? Here's an explanation of how this popular game brings in the cash.

  • Moody's2 days ago

    Sony Global Treasury Services plc -- Moody's announces completion of a periodic review of ratings of Sony Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Sony Corporation 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. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • 6 Ways to Buy and Sell Foreign Stocks
    Investopedia2 days ago

    6 Ways to Buy and Sell Foreign Stocks

    Opportunities to invest in economic growth around the world can be done through American depositary receipts, mutual funds and more.

  • Sony just laid out everything there is to know about the PS5
    Engadget2 days ago

    Sony just laid out everything there is to know about the PS5

    Sony's next-generation console isn't due to launch anytime this year , but the tech giant has been surprisingly generous with details. During a corporate strategy presentation, the company has listed all the information it has revealed so far, confirming yet again that the PS5 will have backwards compatibility. Since it has a similar architecture to the PS4, it will be able to play games designed for the current-gen console and will also be compatible with the current version of PlayStation VR.

  • Sony, Microsoft Team Up to Chase Google in Cloud Gaming
    Motley Fool2 days ago

    Sony, Microsoft Team Up to Chase Google in Cloud Gaming

    The two video-game console rivals set aside their differences for the moment and set their sights on Google's Stadia.

  • Sony CEO Plots Games, Chip Strategy Amid Trade War
    Bloomberg3 days ago

    Sony CEO Plots Games, Chip Strategy Amid Trade War

    Yoshida, who took the helm a little over a year ago, addressed shareholders at the company’s investor day on Tuesday at Sony’s headquarters in Tokyo. The beefier device is designed to help PS4 users switch easily, Yoshida said.The new device will come with remote play, which lets users play console games from their phones, tablets and PCs.

  • 3 Tech Stocks for Dividend Investors to Buy Right Now
    Zacks3 days ago

    3 Tech Stocks for Dividend Investors to Buy Right Now

    Check out these three dividend-paying tech stocks to buy right now...

  • Sony's noise-cancelling XB900N offer more bass for less money
    Engadget3 days ago

    Sony's noise-cancelling XB900N offer more bass for less money

    Sony's WH-1000XM3 headphones are the gold standard for wireless, noise-canceling headphones. Not only are they comfortable, but they sound amazing. And while their biggest downside is the $350 price tag, Sony has a solution for that too. The company's new WH-XB900N Extra Bass headphones offer noise-canceling for $100 less than the flagship model.

  • The Zacks Analyst Blog Highlights: Microsoft, Sony, Alphabet and Amazon
    Zacks3 days ago

    The Zacks Analyst Blog Highlights: Microsoft, Sony, Alphabet and Amazon

    The Zacks Analyst Blog Highlights: Microsoft, Sony, Alphabet and Amazon

  • Sony's Deal With Microsoft Blindsided Its Own PlayStation Team
    Bloomberg4 days ago

    Sony's Deal With Microsoft Blindsided Its Own PlayStation Team

    Perhaps no one was more shocked than employees of Sony’s PlayStation division, who have spent almost two decades fighting the U.S. software giant in the $38 billion video game console market. Last week, the companies announced a strategic partnership to co-develop game streaming technology and host some of PlayStation’s online services on the Redmond-based company’s Azure cloud platform. It comes after PlayStation spent seven years developing its own cloud gaming offering, with limited success.

  • Does an All-Digital Xbox Make Sense?
    Motley Fool5 days ago

    Does an All-Digital Xbox Make Sense?

    Microsoft is coming out with a disc-less Xbox One. Is this the future of gaming?

  • Microsoft, Sony Ink Deal on Immersive Cloud Gaming & AI Chips
    Zacks6 days ago

    Microsoft, Sony Ink Deal on Immersive Cloud Gaming & AI Chips

    Microsoft (MSFT) and Sony collaborates on cloud gaming and AI chips. Both the companies are expected to symbiotically evolve and make a mark in the rapidly growing cloud gaming market.

  • Sony launches buyback plan, Baidu reports loss, MGM Resorts may pay big
    Yahoo Finance6 days ago

    Sony launches buyback plan, Baidu reports loss, MGM Resorts may pay big

    Sony, Baidu, MGM Resorts and Nissan are the companies to watch.

  • Microsoft, Sony partner on streaming games, chips and AI
    Reuters7 days ago

    Microsoft, Sony partner on streaming games, chips and AI

    Microsoft Corp and Sony Corp on Thursday said they struck a strategic partnership in which Sony would use Microsoft's cloud for streaming games and media and the two would work together to develop image sensors. "For many years, Microsoft has been a key business partner for us, though of course the two companies have also been competing in some areas," Sony Chief Executive Kenichiro Yoshida said in a statement.

  • Financial Times7 days ago

    Sony shares climb on $1.8bn share buyback plan

    Sony shares jumped on Friday after the company announced a $1.8bn share buyback and a video game streaming and AI partnership with Microsoft. The Japanese electronics and entertainment group said on Thursday ...

  • Financial Times7 days ago

    Sony and Microsoft join forces in battle for video games market

    Microsoft and Sony have put almost two decades of rivalry aside and joined forces against Google, Amazon and Apple, as the world’s biggest technology companies prepare to go to war over the future of the $135bn-a-year video games market.