|Bid||71.31 x N/A|
|Ask||71.33 x N/A|
|Day's range||70.16 - 71.44|
|52-week range||50.19 - 75.92|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||5.18|
|Earnings date||27 July 2023|
|Forward dividend & yield||5.20 (7.40%)|
|Ex-dividend date||04 May 2023|
|1y target est||90.80|
STUTTGART, Germany, May 16, 2023--Mercedes-Benz Vans has outlined its focused strategy to target profitable growth in the private and commercial van segments. Key goals of the strategy include: further strengthening the brand’s position in the upper market segments, raising ambition levels for cost and industrial competitiveness, and leading the industry in electric drive technology and digital experience. As a very successful and fully integrated business unit within Mercedes-Benz AG, Mercedes-
STUTTGART, Germany, May 03, 2023--The shareholders of Mercedes-Benz Group AG (ticker symbol: MBG) approved all of the items on the agenda of the Annual General Meeting.
STUTTGART, Germany, May 03, 2023--At the Mercedes-Benz Group AG (ticker symbol: MBG) Annual Meeting for the financial year 2022 the company outlines its strategic progress while delivering strong financial results and shareholder returns.
STUTTGART, Germany, April 28, 2023--Mercedes-Benz Group AG (ticker symbol: MBG) achieved healthy first quarter financial results thanks to a rise in sales of Top-End vehicles and premium vans. Improved pricing outweighed headwinds from material costs. Together with higher sales, as well as a favorable product mix, it resulted in Earnings Before Interest and Taxes (EBIT) of €5.5 billion (Q1 2022: €5.2 billion). First-quarter revenue increased 8% to €37.5 billion (Q1 2022: €34.9 billion) and adjus
STUTTGART, Germany, April 20, 2023--Mercedes-Benz Group achieved strong financial results in the first quarter 2023 with especially the Industrial Free Cash Flow exceeding capital market expectations.
Polygon is set to 'overtake Ethereum in terms of economic activity', claims co-founder Mihailo Bjelick on Yahoo Finance's Crypto Mile show.
STUTTGART, Germany arbon Disclosure Project, March 30, 2023--At its ESG (Environment, Social and Governance) Conference 2023 for investors and analysts, Mercedes-Benz underlined measures aimed at reducing the carbon footprint and creating lasting value for all stakeholders.
Yahoo Finance's Dan Howley discusses Mercedes teaming up with Google to offer automated driving sensors, traffic information, and in-car YouTube to drivers.
Mercedes-Benz and Google announced today a long-term strategic partnership to further accelerate auto innovation and create the industry's next-generation digital luxury car experience. With this partnership, Mercedes-Benz will be the first automaker to build its own branded navigation experience based on new in-car data and navigation capabilities from Google Maps Platform.
SUNNYVALE, Calif., February 22, 2023--The Mercedes-Benz Operating System (MB.OS) is a new purpose-built chip-to-cloud architecture that will be central to every future product.
Mercedes-Benz Group reported another strong year in 2022, reporting growth in revenue and earnings, but warned economic concerns could weigh on 2023 results.
STUTTGART, Germany, February 17, 2023--Mercedes-Benz Group AG’s (ticker symbol: MBG) sharpened focus on high-end passenger cars and premium vans, combined with tight cost control, helped to lift Earnings Before Interest and Taxes (EBIT) by 28% to €20.5 billion (2021: €16.0 billion) last year, outpacing a 12% rise in revenue to €150.0 billion (2021: €133.9 billion) during the same period.
Yahoo Finance spoke with U.S. Transportation Secretary Pete Buttigieg on the outlook for driverless cars.
STUTTGART, Germany, February 16, 2023--At its meeting today, the Supervisory Board of Mercedes-Benz Group AG reappointed Renata Jungo Brüngger (61) until the end of 2024. Renata Jungo Brüngger has been a member of Mercedes-Benz Group AG’s Board of Management since January 1, 2016, responsible for Integrity and Legal Affairs and Co-Chair of the Group Sustainability Board.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CARSON CITY, Nev. & STUTTGART, January 26, 2023--Mercedes-Benz is the world’s first automotive company to bring SAE Level 31 conditionally automated driving to the U.S., with Nevada being the first state to confirm the compliance of the system with state regulations. This significant milestone sets the ground-breaking Mercedes-Benz DRIVE PILOT system apart as the first and only SAE Level 3 system in a standard-production vehicle authorized for use on U.S. public freeways. Complying with the requ
With a corporate slogan that beams “the best, or nothing,” Mercedes-Benz better deliver. And it appears to be just doing that. With US sales up 6.5% in 2022 compared to a year ago, and a whopping 21% in Q4, Mercedes says much of that growth came at the “top end,” or its higher priced models, where the German automaker wants to focus on given those juicy high margins those models enjoy. And so far in 2023, that luxury buying trend is rolling on.
Mercedes-Benz USA President and CEO Dimitris Psillakis speaks with Yahoo Finance's Seana Smith and Pras Subramanian about the company's 2022 sales, its fourth-quarter results, the state of the EV market, its upcoming charging network, and more.
The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. The Manheim Used Vehicle Value Index (MUVVI) for the month of December posted a 0.8% increase month over month, however it dropped a whopping 14.9% year over year, the largest annualized decline ever in the 26-year history of the index.
LAS VEGAS & STUTTGART, Germany, January 05, 2023--Mercedes-Benz is in Las Vegas for CES 2023 to showcase "Tech to Desire" with several developments that will enrich the lives of its customers. Most notably, the automaker announced plans to launch a global high-power Mercedes-Benz-branded charging network. Rollout starts this year in North America in partnership with MN8 Energy and ChargePoint. Mercedes-Benz also revealed a number of other innovations and collaborations that give back time, make
Yahoo Finance Live anchors discuss Amazon-backed EV maker Rivian walking away from its plans to manufacture electric vans with Mercedes Benz.
STUTTGART, Germany, October 26, 2022--Profitable growth; Resilience at work; Electrification accelerated; Outlook raised
STUTTGART, Germany & VANCOUVER, British Columbia, October 20, 2022--Mercedes-Benz AG and Rock Tech Lithium Inc. sign an initial supply agreement for battery-grade lithium hydroxide per year
PARIS & STUTTGART, Germany, October 16, 2022--Apple and Mercedes Benz today announced that Apple Music’s highly acclaimed Spatial Audio with support for Dolby Atmos is now available.
Automobili Pininfarina CEO Per Svantesson is driving change at the top of the car world food chain, meaning the high end, ultra luxury segment with the Battista GT hypercar. Each car is handmade in Italy by one of the venerated design houses in the business, taking nearly 2,000 man hours, and is powered by four Rimac-sourced electric motors at each well producing an astounding 1900 horsepower. And if you have to ask, each car costs over $2 million.