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S&P 500   5,069.76
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Palantir Stock Has It all… Except the Analysts' Support
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S&P 500   5,069.76
DOW   38,949.02
QQQ   435.27
Palantir Stock Has It all… Except the Analysts' Support
Critical asset just had biggest fall on record (Ad)
3 wealth-compounding stocks to beat the market this decade
FedEx ends naming rights agreement for the Washington Commanders stadium long known as FedEx Field
Critical asset just had biggest fall on record (Ad)
2 Navigation Stocks That Continue to Defy Gravity
Workday Stock Price is Working on a Buy-the-Dip Opportunity
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Applied Optoelectronics earnings dumper, pain now for gain later?
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S&P 500   5,069.76
DOW   38,949.02
QQQ   435.27
Palantir Stock Has It all… Except the Analysts' Support
Critical asset just had biggest fall on record (Ad)
3 wealth-compounding stocks to beat the market this decade
FedEx ends naming rights agreement for the Washington Commanders stadium long known as FedEx Field
Critical asset just had biggest fall on record (Ad)
2 Navigation Stocks That Continue to Defy Gravity
Workday Stock Price is Working on a Buy-the-Dip Opportunity
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Applied Optoelectronics earnings dumper, pain now for gain later?
Are NFTs Back? Why NFTs Will Make a Comeback in 2024
NYSE:CTVA

Corteva (CTVA) Stock Price, News & Analysis

$54.54
-0.59 (-1.07%)
(As of 02/28/2024 ET)
Today's Range
$54.17
$55.08
50-Day Range
$44.41
$55.14
52-Week Range
$43.22
$64.04
Volume
3.57 million shs
Average Volume
3.90 million shs
Market Capitalization
$38.28 billion
P/E Ratio
53.47
Dividend Yield
1.17%
Price Target
$62.95

Corteva MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.76 Rating Score
Upside/​Downside
15.4% Upside
$62.95 Price Target
Short Interest
Healthy
1.03% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.17
Upright™ Environmental Score
News Sentiment
0.94mentions of Corteva in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$50,401 Bought Last Quarter
Proj. Earnings Growth
21.60%
From $2.87 to $3.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Consumer Staples Sector

5th out of 138 stocks

Agricultural Production - Crops Industry

2nd out of 9 stocks


CTVA stock logo

About Corteva Stock (NYSE:CTVA)

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana.

CTVA Stock Price History

CTVA Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
RBC Capital Reaffirms Their Buy Rating on Corteva (CTVA)
CTVA Jan 2025 30.000 put
Corteva Analysts Increase Their Forecasts After Upbeat Earnings
Corteva’s Strong Performance and Promising Outlook Justify Buy Rating
Corteva shares soar on Q4 earnings
Goldman Sachs Sticks to Its Hold Rating for Corteva (CTVA)
Corteva price target lowered by $3 at Mizuho, here's why
Corteva 4Q Loss Widens as Sales Fall
Corteva reports lower fourth-quarter profit
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Last Earnings
2/01/2024
Today
2/28/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Agricultural production - crops
Sub-Industry
N/A
Fax
N/A
Employees
22,500
Year Founded
2019

Price Target and Rating

Average Stock Price Target
$62.95
High Stock Price Target
$75.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+15.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
21 Analysts

Profitability

Net Income
$735 million
Pretax Margin
6.35%

Debt

Sales & Book Value

Annual Sales
$17.23 billion
Cash Flow
$4.41 per share
Book Value
$36.02 per share

Miscellaneous

Free Float
700,801,000
Market Cap
$38.28 billion
Optionable
Optionable
Beta
0.73

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Should I Buy Corteva Stock? CTVA Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Corteva was last updated on Sunday, February 25, 2024 at 3:29 PM.

Pros

Here are some ways that investors could benefit from investing in Corteva, Inc.:

  • Corteva, Inc. operates in the agriculture business, a sector with long-term growth potential.
  • The company has a strong presence in key markets such as North America, Asia Pacific, Europe, the Middle East, and Africa.
  • Corteva, Inc. offers a diverse range of products in the Seed and Crop Protection segments.
  • The current stock price of Corteva, Inc. is favorable for potential investors.
  • Recent developments in the company's operations indicate a positive outlook for future growth.

Cons

Investors should be bearish about investing in Corteva, Inc. for these reasons:

  • Market volatility and external factors can impact the company's performance.
  • Regulatory changes in the agriculture industry may pose challenges for Corteva, Inc.
  • Competition from other players in the market could affect the company's market share.
  • Fluctuations in commodity prices may impact the company's profitability.
  • Investors should carefully consider the risks associated with investing in the agriculture sector.














CTVA Stock Analysis - Frequently Asked Questions

Should I buy or sell Corteva stock right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corteva in the last twelve months. There are currently 5 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTVA shares.
View CTVA analyst ratings
or view top-rated stocks.

What is Corteva's stock price target for 2024?

21 equities research analysts have issued 12 month price targets for Corteva's shares. Their CTVA share price targets range from $52.00 to $75.00. On average, they anticipate the company's stock price to reach $62.95 in the next year. This suggests a possible upside of 15.4% from the stock's current price.
View analysts price targets for CTVA
or view top-rated stocks among Wall Street analysts.

How have CTVA shares performed in 2024?

Corteva's stock was trading at $47.92 at the beginning of 2024. Since then, CTVA shares have increased by 13.8% and is now trading at $54.54.
View the best growth stocks for 2024 here
.

Are investors shorting Corteva?

Corteva saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 7,230,000 shares, an increase of 7.7% from the January 31st total of 6,710,000 shares. Based on an average daily volume of 4,260,000 shares, the short-interest ratio is presently 1.7 days. Currently, 1.0% of the company's stock are sold short.
View Corteva's Short Interest
.

When is Corteva's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our CTVA earnings forecast
.

How were Corteva's earnings last quarter?

Corteva, Inc. (NYSE:CTVA) posted its quarterly earnings data on Thursday, February, 1st. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.09. The business had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.54 billion. Corteva had a net margin of 4.27% and a trailing twelve-month return on equity of 7.43%. During the same quarter in the prior year, the firm posted $0.16 EPS.
Read the conference call transcript
.

How often does Corteva pay dividends? What is the dividend yield for Corteva?

Corteva announced a quarterly dividend on Friday, January 26th. Investors of record on Friday, March 1st will be paid a dividend of $0.16 per share on Friday, March 15th. This represents a $0.64 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for CTVA
.

Is Corteva a good dividend stock?

Corteva (NYSE:CTVA) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.17%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 62.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTVA will have a dividend payout ratio of 18.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTVA.

How will Corteva's stock buyback program work?

Corteva announced that its board has authorized a share buyback plan on Tuesday, September 13th 2022, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 4.3% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board believes its stock is undervalued.

What guidance has Corteva issued on next quarter's earnings?

Corteva issued an update on its FY24 earnings guidance on Wednesday, January, 31st. The company provided earnings per share guidance of $2.70-2.90 for the period, compared to the consensus EPS estimate of $3.03. The company issued revenue guidance of $17.4-17.7 billion, compared to the consensus revenue estimate of $17.59 billion.

What other stocks do shareholders of Corteva own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Corteva investors own include Cisco Systems (CSCO), AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), NVIDIA (NVDA), Home Depot (HD), CVS Health (CVS), DOW (DOW), Intel (INTC) and Pfizer (PFE).

Who are Corteva's major shareholders?

Corteva's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.45%), Capital International Investors (3.67%), Massachusetts Financial Services Co. MA (1.88%), Northern Trust Corp (1.83%), Nuveen Asset Management LLC (1.81%) and Harris Associates L P (1.28%). Insiders that own company stock include Audrey Grimm, Brian Titus, Charles V Magro, Cornel B Fuerer, David J Anderson, Klaus A Engel, Rajan Gajaria, Robert D King, Samuel R Eathington and Samuel R Eathington.
View institutional ownership trends
.

How do I buy shares of Corteva?

Shares of CTVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Corteva have any subsidiaries?
The following companies are subsidiares of Corteva: 3319858 Nova Scotia Company, AG EMEA Cooperatief U.A., AG EMEA Holding 1 BV, AG EMEA Holding 2 BV, AG EMEA Holding 3 BV, AG EMEA Holding 4 BV., AG EMEA Holding 6 BV, AG EMEA Holding B.V., AG Holdco Mexico S. DE R.L. DE C.V., AG MX 2 Inc., AG Mexico LLC, AG Orion Holding B.V., AgSurf Corporation, AgVenture Inc., Agar Cross Paraguaya S.A., Agrigenetics Inc.d/b/a Mycogen Seeds, Agroservicios de Mexico DDM S de R.L. de C.V., Alforex Seeds LLC, Christiana Insurance LLC, Coodetec Desenvolviment Produção e Comercializaçã Agrícola Ltda., Corteva (China) Inc., Corteva Agriscience (Shanghai) Co. Ltd, Corteva Agriscience Côte d' Ivoire LLC, Corteva Agriscience Egypt LLC, Corteva Agriscience SLO trgovina in storitve d.o.o., DAS Agricultural Investment Holding Company Ltd, DDP AgroSciences Nigeria Limited, DDP AgroSciences US DCOMCO Inc., DPM Netherlands B.V., DUPONT DE NEMOURS HOLDING LLC, DUPONT HOLDING NEDERLAND B.V., DUPONT India LIMITED LLC, DUPONT MEXICANA S. DE R.L. DE C.V., DUPONT SVERIGE AB, DUPONT South Africa HOLDCO (PTY) LTD, Dairyland Seed Co. Inc., Dikanka Nasinnia LLC, Doeblers Pennsylvania Hybrids Inc., Dow AgroSciences (Jiangsu) Co. Ltd., Dow AgroSciences Argentina SRL, Dow AgroSciences Asia Sdn. Bhd, Dow AgroSciences Hungary Kft. Szeged Szolnok, Dow AgroSciences International Ltd, Dow AgroSciences Polska Sp.z.o.o., Dow AgroSciences Vertriebsgesells chaft m.b.H., Dow Venezuela C.A., DuPont (Cambodia) Company Limited, DuPont (Myanmar) Company Ltd, DuPont (New Zealand) Limited, DuPont (South America) Holdings LLC, DuPont (Taiwan) Agriscience Co. Ltd., DuPont AGR Services Sàrl, DuPont Argentina S.R.L., DuPont Asturias S.L.U., DuPont Bangladesh Limited, DuPont Belgian Capital LLC, DuPont Belgium North America Finance Company, DuPont Bulgaria Eood, DuPont CZ s.r.o., DuPont Capital Management Corporation, DuPont Chemical and Energy Operations Inc., DuPont Chile S.A., DuPont Company (Singapore) Pte Ltd., DuPont Conid S.P.A., DuPont Danmark ApS, DuPont Deutschland Real Estate Partner GmbH, DuPont Eastern Europe BV, DuPont Energy Company LLC, DuPont Far East Inc., DuPont Feedstocks Company LLC, DuPont Global Operations Inc., DuPont Hellas S.A., DuPont Holdco Spain III SL, DuPont Ibérica S.L.U., DuPont International BV, DuPont International Operations Sarl, DuPont Kazakhstan LLP, DuPont Magyarorszag Kft, DuPont North America Inc., DuPont Operations Worldwide LLC, DuPont Orient Operations Ltd., DuPont Overseas Operations Inc., DuPont Phi Nigeria Limited, DuPont Pioneer Egypt Holding B.V., DuPont Pioneer Investment Co. Ltd., DuPont Poland Sp z.o.o., DuPont Portugal Unipessoal LDA, DuPont Production Agriscience (Malaysia) SDN. BHD, DuPont Production Agriscience Deutschland GmbH, DuPont Production Agriscience Kabushiki Kaisha, DuPont Quimica de Venezuela C.A., DuPont Romania S.R.L., DuPont SRB d.o.o. Beograd, DuPont Science and Technologies LLC, DuPont Solutions (France) SAS, DuPont Textiles & Interiors Delaware Inc., DuPont Turkey Endustri Urunleri Limited Sirketi, DuPont Ukraine LLC, DuPont Vietnam Co. Ltd., DuPont de Colombia S.A., DuPont de Ecuador SA, DuPont de Nemours (France) S.A.S., DuPont de Nemours Groupe SAS, DuPont de Nemours Investments SARL, DuPont de Nemours Italiana S.r.l., DuPont de Nemours South Africa (Pty) Ltd., DuPont de Peru S.A.C., DuPont do Brasil S.A., Ducoragro S.A. de C.V., Dunhuang Seed Pioneer Hi-Bred Company Ltd., E. I. DuPont Services Center India Private Limited, E. I. du Pont de Nemours and Company, E.I. DuPont India Private Limited, Farms Technology LLC, Grainit S.R.L., Granular Australia Pty Ltd, Granular Brasil Licenciamento e Distribuicao de Software de Agricultura Ltda., Granular Canada Company, Granular Inc., Green Meadows Ltd., Griffin L.L.C. Valdosta, Hickory Holdings Inc., Hickory Securities LLC, Hoegemeyer Hybrids Inc., Imperial Metal and Chemical Company, Lavie Bio Ltd., MISR Pioneer Seeds Company S.A.E., Mycogen Plant Science Inc, NuTech Seed LLC, Orion Mexico LLC, P.T. DuPont Indonesia, PHI Financial Services Canada Ltd., PHI Financial Services Inc., PHI Mexico S.A. de C.V., PHI Seeds Private Limited, PHI Servicios S de R.L. de C.V. f/k/a PHI Servicios S.A. de C.V., PNR Enterprises (Pvt) Ltd., PT Dow AgroSciences Commerce Indonesia, PT Dow AgroSciences Indonesia, PT DuPont Agricultural Products Indonesia, Pannar Industrial Holdings (Pty) Ltd., Pannar International (Pty) Ltd., Pannar Ltd., Pannar Properties Zambia Limited, Pannar Research Farms (Pty) Ltd., Pannar Seed (Malawi) Limited, Pannar Seed (Pty) Ltd., Pannar Seed (Zimbabwe) Private Limited, Pannar Seed Holdings (Pty) Ltd., Pannar Seed Inc. - USA, Pannar Seed Kenya Ltd., Pannar Seed Lda, Pannar Seed Lesotho (Pty) Ltd., Pannar Seed Swaziland (Pty) Ltd., Pannar Seed Tanzania Ltd., Pannar Seed Zambia Ltd., Performance Materials Danmark ApS, Performance Materials Hungary Kft., Philippines Holdings Inc., Phytogen Seed Company LLC, Pioneer Argentina S.R.L., Pioneer Blé Sarl, Pioneer China Business Trust, Pioneer DuPont Zambia Limited, Pioneer Génétique Sarl, Pioneer HI-Bred Private Limited, Pioneer Hi-Bred (Switzerland) S.A., Pioneer Hi-Bred (Thailand) Co. Limited, Pioneer Hi-Bred (Zimbabwe) (Private) Limited, Pioneer Hi-Bred Agro Servicios Spain SL, Pioneer Hi-Bred Australia Pty Ltd., Pioneer Hi-Bred Canada Company, Pioneer Hi-Bred Europe Inc., Pioneer Hi-Bred Foundation, Pioneer Hi-Bred Hellas S.A., Pioneer Hi-Bred Holding Spain SL, Pioneer Hi-Bred International Inc., Pioneer Hi-Bred International Production Limited, Pioneer Hi-Bred Italia SRL, Pioneer Hi-Bred Italia Sementi SRL, Pioneer Hi-Bred Italia Servizi Agronomici SRL, Pioneer Hi-Bred Kenya Limited, Pioneer Hi-Bred Magyarorszag Kft, Pioneer Hi-Bred Northern Europe Sales Division GmbH, Pioneer Hi-Bred Northern Europe Service Division GmbH, Pioneer Hi-Bred Philippines Inc., Pioneer Hi-Bred Poland Sp z.o.o., Pioneer Hi-Bred Production Company, Pioneer Hi-Bred Production and Service Company Limited, Pioneer Hi-Bred Puerto Rico Inc., Pioneer Hi-Bred R.S.A. (Pty) Ltd., Pioneer Hi-Bred Research R.S.A. (Proprietary) Ltd., Pioneer Hi-Bred Romania S.R.L., Pioneer Hi-Bred Rus Limited, Pioneer Hi-Bred S.A.R.L., Pioneer Hi-Bred SRB doo Novi Sad, Pioneer Hi-Bred Seed Agro S.R.L., Pioneer Hi-Bred Seeds Ethiopia PLC, Pioneer Hi-Bred Sementes de Portugal S.A., Pioneer Hi-Bred Services GmbH, Pioneer Hi-Bred Slovensko Spol S.R.O., Pioneer Hi-Bred Spain S.L., Pioneer Hi-Bred Ukraine, Pioneer Hi-Bred Vietnam Limited, Pioneer Mexico Holdings LLC, Pioneer Mexico Operations S. de R.L. de C.V., Pioneer Overseas Corporation, Pioneer Overseas Corporation (Hong Kong) Holdings Limited, Pioneer Overseas Corporation (Hong Kong) Holdings No 1 Limited, Pioneer Overseas Corporation (Hong Kong) Holdings No 2 Limited, Pioneer Overseas Corporation (Singapore) PTE LTD, Pioneer Overseas Investors LLC, Pioneer Overseas Research Corporation, Pioneer Pakistan Seed Limited, Pioneer Seed Holding Nederland B.V., Pioneer Seed Holding Participations B.V., Pioneer Seeds Inc., Pioneer Semena Bulgaria EOOD, Pioneer Semena Holding GmbH, Pioneer Semena Holding GmbH Parndorf, Pioneer Semences S.A.S, Pioneer Service Holding B.V., Pioneer Sjeme D.o.o, Pioneer Tohumculuk A.S., Pioneer Tohumculuk Disribution and Marketing, Pioneer Turks & Caicos LLC, Pitt-Consol Chemical Company, Production Agriscience (Australia) Pty Ltd, Production Agriscience Belgium BVBA, Production Agriscience Canada Company, Production Agriscience Diamond LLC, Production Agriscience Korea Ltd., Production Agriscience Netherlands BV, Production Agriscience UK LTD, SP International Holding 3 BV, Seed Consultants Inc., Semillas Pioneer Chile Ltda., Semillas Pioneer de Venezuela C.A., Shandong Denghai Pioneer Seed Company Limited, Sociedad Comercial Agar Cross S.A., Sporting Goods Properties Inc., Stasi Nasinnia LLC, Teiling Pioneer Seed Research Co Ltd., Terral Seed Inc., The Advantage Corp., The Union Metallic Cartridge Company, and Village Court Inc..
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This page (NYSE:CTVA) was last updated on 2/29/2024 by MarketBeat.com Staff