Corteva, Inc. (CTVA) - What Are Researchers Saying About This Stock?

Key Points

• Analyst sentiment is moderately bullish: 16 of 23 analysts rate Corteva a buy, six recommend holding, and one rates it a sell. The average one-year price target is $60.59, although individual targets and ratings vary widely.
• Institutional ownership is substantial: Institutional investors hold approximately 81.54% of Corteva’s shares, with several hedge funds and wealth managers recently initiating or expanding positions.
• Quarterly results were mixed: Corteva beat earnings expectations with $2.30 in EPS versus $2.24 expected, but revenue fell 1.2% year over year to $6.38 billion, below estimates. The company also declared a quarterly dividend of $0.18 per share, equivalent to a 5.4% annualized yield based on the article’s figures.

Shares of Corteva, Inc. (NYSE:CTVA - Get Free Report) have received an average rating of "Moderate Buy" from the twenty-three analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $60.59.

CTVA has been the subject of several research analyst reports. Bank of America upped their price target on shares of Corteva from $90.00 to $96.00 and gave the stock a "buy" rating in a report on Monday, July 20th. UBS Group cut their price objective on Corteva to $15.00 and set a "neutral" rating on the stock in a report on Monday. Citigroup raised their price objective on Corteva from $86.00 to $91.00 and gave the company a "neutral" rating in a report on Thursday, September 17th. KeyCorp upgraded Corteva from a "sector weight" rating to an "overweight" rating and set a $17.00 price objective on the stock in a research report on Wednesday, October 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $101.00 target price on shares of Corteva in a report on Monday, August 3rd.

Institutional Trading of Corteva

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Compass Financial Management LLC bought a new position in Corteva in the second quarter worth approximately $25,000. EFG International AG bought a new stake in shares of Corteva during the second quarter valued at approximately $25,000. Elevation Wealth Partners LLC increased its holdings in shares of Corteva by 334.6% during the second quarter. Elevation Wealth Partners LLC now owns 339 shares of the company's stock valued at $29,000 after acquiring an additional 261 shares in the last quarter. Clearstead Trust LLC bought a new stake in shares of Corteva during the second quarter valued at approximately $31,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Corteva during the second quarter worth approximately $33,000. 81.54% of the stock is currently owned by institutional investors.

Corteva Price Performance

CTVA stock opened at $13.33 on Wednesday. The company has a 50 day simple moving average of $68.92 and a 200 day simple moving average of $77.33. The stock has a market cap of $8.89 billion, a price-to-earnings ratio of 8.83, a P/E/G ratio of 1.86 and a beta of 0.57. Corteva has a 1 year low of $11.74 and a 1 year high of $90.97. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.52 and a quick ratio of 1.10.

Corteva (NYSE:CTVA - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $2.30 EPS for the quarter, beating the consensus estimate of $2.24 by $0.06. Corteva had a net margin of 5.66% and a return on equity of 10.18%. The business had revenue of $6.38 billion during the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter in the prior year, the firm earned $2.20 EPS. The firm's revenue was down 1.2% compared to the same quarter last year. Corteva has set its FY 2026 guidance at 3.600-3.800 EPS. Research analysts anticipate that Corteva will post 1.04 EPS for the current fiscal year.

Corteva Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Tuesday, September 1st. Corteva's dividend payout ratio (DPR) is presently 47.68%.

Corteva Company Profile

Corteva, Inc is an agriculture-focused company that develops and supplies seed, crop protection and digital agriculture products. Its offerings are designed to help farmers improve crop productivity, manage pests and diseases, and support more efficient and sustainable farming practices.

The company's seed portfolio includes corn, soybean, wheat, sunflower, canola, cotton and other crops, marketed through brands such as Pioneer, Brevant seeds and PhytoGen. Corteva also provides herbicides, insecticides, fungicides, biological products and seed treatments under a range of agricultural brands.

Corteva serves farmers, agricultural retailers and other customers in markets around the world.

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