Mercedes-Benz Shareholders are Being Paid to Wait -- Market Talk

Dow Jones02-13

1011 GMT - Mercedes-Benz's guidance will likely trigger double-digit consensus earnings downgrades, but the share reaction was muted because the company demonstrated a strong commitment to shareholder returns, Deutsche Bank analyst Tim Rokossa writes in a note. Mercedes released soft 3%-5% car margin guidance for 2026, marking the fourth consecutive year of profitability decline and missing base expectations of 4%-6%. However, a dividend significantly above consensus and up to 2 billion euros in planned disposals allowing for share buybacks are a substantial return, he adds. "The company is effectively paying investors to wait out yet another transition year." Deutsche Bank estimates the dividend and buyback could exceed 10% of market cap this year. It lowers its target price on the stock to 74 euros from 79 euros and keeps its rating at buy. Shares rise 0.3% to 57.29 euros. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

February 13, 2026 05:11 ET (10:11 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2611196158?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-13 18:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2611196158","market":"nz","top_or_hot":-1,"title":"Mercedes-Benz Shareholders are Being Paid to Wait -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1011 GMT - Mercedes-Benz's guidance will likely trigger double-digit consensus earnings downgrades, but the share reaction was muted because the company demonstrated a strong commitment to shareholder returns, Deutsche Bank analyst Tim Rokossa writes in a note. Mercedes released soft 3%-5% car margin guidance for 2026, marking the fourth consecutive year of profitability decline and missing base expectations of 4%-6%. However, a dividend significantly above consensus and up to 2 billion euros in planned disposals allowing for share buybacks are a substantial return, he adds. \"The company is effectively paying investors to wait out yet another transition year.\" Deutsche Bank estimates the dividend and buyback could exceed 10% of market cap this year. It lowers its target price on the stock to 74 euros from 79 euros and keeps its rating at buy. Shares rise 0.3% to 57.29 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 13, 2026 05:11 ET (10:11 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mercedes-Benz Shareholders are Being Paid to Wait -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMercedes-Benz Shareholders are Being Paid to Wait -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-13 18:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1011 GMT - Mercedes-Benz's guidance will likely trigger double-digit consensus earnings downgrades, but the share reaction was muted because the company demonstrated a strong commitment to shareholder returns, Deutsche Bank analyst Tim Rokossa writes in a note. Mercedes released soft 3%-5% car margin guidance for 2026, marking the fourth consecutive year of profitability decline and missing base expectations of 4%-6%. However, a dividend significantly above consensus and up to 2 billion euros in planned disposals allowing for share buybacks are a substantial return, he adds. \"The company is effectively paying investors to wait out yet another transition year.\" Deutsche Bank estimates the dividend and buyback could exceed 10% of market cap this year. It lowers its target price on the stock to 74 euros from 79 euros and keeps its rating at buy. Shares rise 0.3% to 57.29 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 13, 2026 05:11 ET (10:11 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4099","symbol_name":"汽车制造商","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2611196158","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611196158","pubTimestamp":1770977460,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1011 GMT - Mercedes-Benz's guidance will likely trigger double-digit consensus earnings downgrades, but the share reaction was muted because the company demonstrated a strong commitment to shareholder returns, Deutsche Bank analyst Tim Rokossa writes in a note. Mercedes released soft 3%-5% car margin guidance for 2026, marking the fourth consecutive year of profitability decline and missing base expectations of 4%-6%. However, a dividend significantly above consensus and up to 2 billion euros in planned disposals allowing for share buybacks are a substantial return, he adds. \"The company is effectively paying investors to wait out yet another transition year.\" Deutsche Bank estimates the dividend and buyback could exceed 10% of market cap this year. It lowers its target price on the stock to 74 euros from 79 euros and keeps its rating at buy. Shares rise 0.3% to 57.29 euros. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4099":"汽车制造商","MBGYY":"Mercedes Benz Group AG"},"translate_title":"梅赛德斯-奔驰股东正在获得等待的报酬——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MBGYY":0.9},"content_text":"1011 GMT - Mercedes-Benz's guidance will likely trigger double-digit consensus earnings downgrades, but the share reaction was muted because the company demonstrated a strong commitment to shareholder returns, Deutsche Bank analyst Tim Rokossa writes in a note. Mercedes released soft 3%-5% car margin guidance for 2026, marking the fourth consecutive year of profitability decline and missing base expectations of 4%-6%. However, a dividend significantly above consensus and up to 2 billion euros in planned disposals allowing for share buybacks are a substantial return, he adds. \"The company is effectively paying investors to wait out yet another transition year.\" Deutsche Bank estimates the dividend and buyback could exceed 10% of market cap this year. It lowers its target price on the stock to 74 euros from 79 euros and keeps its rating at buy. Shares rise 0.3% to 57.29 euros. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 13, 2026 05:11 ET (10:11 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2611196158","isCrawlerRequest":true}