Nordnet Future Growth

Future criteria checks 3/6

Nordnet is forecast to grow earnings and revenue by 5.1% and 2.3% per annum respectively. EPS is expected to grow by 5.4% per annum. Return on equity is forecast to be 33.1% in 3 years.

Key information

5.1%

Earnings growth rate

5.4%

EPS growth rate

Capital Markets earnings growth	32.9%
Revenue growth rate	2.3%
Future return on equity	33.1%
Analyst coverage	Good
Last updated	08 May 2024

Recent future growth updates

Recent updates

Party Time: Brokers Just Made Major Increases To Their Nordnet AB (publ) (STO:SAVE) Earnings Forecasts

Apr 27

Nordnet AB (publ) (STO:SAVE) Investors Are Less Pessimistic Than Expected

Feb 25

Earnings and Revenue Growth Forecasts

OM:SAVE - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,278	2,959	2,669	3,615	9
12/31/2025	4,868	2,638	2,475	3,367	10
12/31/2024	4,849	2,631	2,515	3,427	9
3/31/2024	5,178	2,520	-5,538	-5,306	N/A
12/31/2023	5,061	2,457	-12,815	-12,598	N/A
9/30/2023	4,857	2,312	-16,241	-16,046	N/A
6/30/2023	4,530	2,070	-12,464	-12,287	N/A
3/31/2023	4,219	1,726	-7,198	-7,031	N/A
12/31/2022	4,010	1,587	6,333	6,493	N/A
9/30/2022	3,942	1,550	13,179	13,339	N/A
6/30/2022	3,931	1,567	18,259	18,412	N/A
3/31/2022	4,063	1,777	16,333	16,490	N/A
12/31/2021	4,334	1,947	13,445	13,612	N/A
9/30/2021	4,231	1,772	10,796	10,947	N/A
6/30/2021	4,041	1,640	1,910	2,055	N/A
3/31/2021	3,820	1,502	-7,060	-6,928	N/A
12/31/2020	3,230	1,137	11,796	11,899	N/A
9/30/2020	2,760	912	11,777	11,939	N/A
6/30/2020	2,455	716	15,099	15,236	N/A
3/31/2020	2,113	487	23,031	23,647	N/A
12/31/2019	1,826	313	1,902	2,536	N/A
9/30/2019	1,591	290	2,332	2,917	N/A
6/30/2019	1,515	244	993	1,613	N/A
3/31/2019	1,451	207	2,885	3,046	N/A
12/31/2018	1,375	118	3,317	3,513	N/A
9/30/2018	1,388	89	1,373	1,644	N/A
6/30/2018	1,363	106	1,848	2,040	N/A
3/31/2018	1,338	117	1,970	2,131	N/A
12/31/2017	1,325	167	N/A	2,585	N/A
9/30/2017	1,327	249	N/A	3,786	N/A
6/30/2017	1,320	274	N/A	1,310	N/A
3/31/2017	1,317	306	N/A	2,154	N/A
12/31/2016	1,287	297	N/A	3,889	N/A
9/30/2016	1,279	298	N/A	-51	N/A
6/30/2016	1,284	304	N/A	2,473	N/A
3/31/2016	1,298	322	N/A	1,698	N/A
12/31/2015	1,330	358	N/A	2,545	N/A
9/30/2015	1,383	351	N/A	5,457	N/A
6/30/2015	1,331	336	N/A	4,921	N/A
3/31/2015	1,258	309	N/A	4,237	N/A
12/31/2014	1,184	278	N/A	3,342	N/A
9/30/2014	1,179	262	N/A	2,858	N/A
6/30/2014	1,162	260	N/A	4,283	N/A
3/31/2014	1,137	256	N/A	3,632	N/A
12/31/2013	1,097	235	N/A	1,929	N/A
9/30/2013	1,068	223	N/A	2,004	N/A
6/30/2013	1,029	187	N/A	1,736	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SAVE's forecast earnings growth (5.1% per year) is above the savings rate (1%).

Earnings vs Market: SAVE's earnings (5.1% per year) are forecast to grow slower than the Swedish market (13.7% per year).

High Growth Earnings: SAVE's earnings are forecast to grow, but not significantly.

Revenue vs Market: SAVE's revenue (2.3% per year) is forecast to grow faster than the Swedish market (1.7% per year).

High Growth Revenue: SAVE's revenue (2.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SAVE's Return on Equity is forecast to be high in 3 years time (33.1%)

Nordnet Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 12%

Price target decreased to kr193

Consensus revenue estimates increase to kr3.44b

Consensus EPS estimates increase to kr7.11

Recent updates

Nordnet AB (publ) Approves Dividend, Expects to Be Distributed on 7 May 2024

Now 23% overvalued after recent price rise

Nordnet's (STO:SAVE) Dividend Will Be Increased To SEK7.20

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of kr7.20 per share

The CEO Of Nordnet AB (publ) (STO:SAVE) Might See A Pay Rise On The Horizon

Now 20% overvalued after recent price rise

Here's Why Nordnet (STO:SAVE) Has Caught The Eye Of Investors

Nordnet AB (publ) Announces Executive Changes, Effective 1 May 2024

Nordnet (STO:SAVE) Is Increasing Its Dividend To SEK7.20

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Independent Director recently sold kr4.0m worth of stock

Chief Human Resources Officer recently sold kr2.0m worth of stock

Nordnet's (STO:SAVE) Upcoming Dividend Will Be Larger Than Last Year's

Nordnet AB (Publ) Leaves Gustaf Unger as Board of Directors

Nordnet (STO:SAVE) Is Paying Out A Larger Dividend Than Last Year

Insider recently sold kr7.3m worth of stock

Dividend increased to kr7.20

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

There's No Escaping Nordnet AB (publ)'s (STO:SAVE) Muted Earnings

Chief Human Resources Officer recently sold kr1.9m worth of stock

Chief Financial Officer recently sold kr2.3m worth of stock

If EPS Growth Is Important To You, Nordnet (STO:SAVE) Presents An Opportunity

Insider recently sold kr3.6m worth of stock

Insider recently sold kr9.0m worth of stock

Independent Director recently sold kr5.1m worth of stock

Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Now 20% undervalued

Nordnet Launches Mutual Fund Nordnet Index Global 125

Nordnet AB (publ) to Report First Half, 2024 Results on Jul 23, 2024

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

We Ran A Stock Scan For Earnings Growth And Nordnet (STO:SAVE) Passed With Ease

New major risk - Earnings quality

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Nordnet AB (publ) to Report Fiscal Year 2023 Results on Jan 31, 2024

Independent Director recently bought kr509k worth of stock

Upcoming dividend of kr4.60 per share at 2.6% yield

Full year 2022 earnings: EPS misses analyst expectations

Deputy CEO & Chief Product Officer recently bought kr1.6m worth of stock

Insider recently sold kr8.0m worth of stock

Insider recently sold kr18m worth of stock

Nordnet AB (publ) (OM:SAVE) entered into an agreement to acquire Consumer fiber operator business of Netgem.

Consensus EPS estimates increase by 12%

Full year 2022 earnings: EPS misses analyst expectations

Chief Financial Officer recently sold kr3.8m worth of stock

Independent Chairman of the Board recently bought kr153m worth of stock

High number of new directors

Investor sentiment improved over the past week

High number of new directors

Nordnet AB (publ) to Report Nine Months, 2023 Results on Oct 24, 2023

Third quarter 2022 earnings: EPS misses analyst expectations

Nordnet AB (publ) to Report First Half, 2022 Results on Jul 25, 2023

Investor sentiment deteriorated over the past week

Nordnet AB (publ), Annual General Meeting, Apr 18, 2023

Nordnet AB (publ) to Report Q1, 2023 Results on Apr 25, 2023

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to kr193

Chief Financial Officer recently sold kr4.5m worth of stock

Independent Chairman of the Board recently bought kr3.6m worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of kr5.56 per share

Nordnet (STO:SAVE) Is Increasing Its Dividend To kr5.56

Nordnet AB (Publ) Announces Jan Dinkelspiel Not Available for Re-Election for Board

Nordnet's Fund Company Receives Its License from the FSA

Nordnet (STO:SAVE) Is Increasing Its Dividend To kr5.56

Chief Financial Officer recently sold kr4.7m worth of stock

Investor sentiment deteriorated over the past week

Independent Director recently sold kr13m worth of stock

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Nordnet (STO:SAVE) Is Paying Out A Larger Dividend Than Last Year