Previous Close | 609.00 |
Open | 612.80 |
Bid | 616.60 x 26700 |
Ask | 616.80 x 4500 |
Day's Range | 611.20 - 622.00 |
52 Week Range | 272.60 - 622.00 |
Volume | |
Avg. Volume | 221,485 |
Market Cap | 26.823B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 55.16 |
EPS (TTM) | 11.20 |
Earnings Date | Nov 07, 2024 |
Forward Dividend & Yield | 5.70 (0.92%) |
Ex-Dividend Date | May 15, 2024 |
1y Target Est | 688.93 |
The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets.
There is also potential for an 18% operating margin for 2027, said the company on Tuesday, singling out increased market potential by its entry in the United States and a joint venture with Italian defence giant Leonardo. Shares in Rheinmetall were up 1.75% at 0941 GMT following the publication of the slides. Rheinmetall expects to reach the threshold of about 10 billion euros in annual sales for the first time in 2024 after sales rose 36% from January to September to 6.3 billion euros.