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NYSE:CTVA

Corteva (CTVA) Stock Price, News & Analysis

$55.39
+0.11 (+0.20%)
(As of 07/26/2024 ET)
Today's Range
$55.20
$56.06
50-Day Range
$50.72
$56.98
52-Week Range
$43.22
$58.76
Volume
2.24 million shs
Average Volume
3.43 million shs
Market Capitalization
$38.61 billion
P/E Ratio
70.11
Dividend Yield
1.16%
Price Target
$63.00

Corteva MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
13.7% Upside
$63.00 Price Target
Short Interest
Healthy
1.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-8.17
Upright™ Environmental Score
News Sentiment
0.76mentions of Corteva in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$4.80 M Sold Last Quarter
Proj. Earnings Growth
24.10%
From $2.78 to $3.45 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.

4.73 out of 5 stars

Consumer Staples Sector

12th out of 136 stocks

Agricultural Production - Crops Industry

1st 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

Corteva, Inc. (CTVA.VI)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Corteva Inc. stock falls Monday, underperforms market
CTVA Jan 2025 90.000 call
CTVA Jan 2025 90.000 call
CTVA Jul 2024 60.000 put
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
CTVA Jul 2024 60.000 put
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/18 Dividend
6/04/2024
Dividend Payable
6/18/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$63.00
High Stock Price Target
$74.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+13.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
21 Analysts

Profitability

Net Income
$735 million
Pretax Margin
4.75%

Debt

Sales & Book Value

Annual Sales
$17.23 billion
Cash Flow
$4.56 per share
Book Value
$35.87 per share

Miscellaneous

Free Float
696,000,000
Market Cap
$38.60 billion
Optionable
Optionable
Beta
0.77

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Should I Buy Corteva Stock? CTVA Pros and Cons Explained

Pros

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

  • Corteva, Inc. operates in the agriculture business, specifically in the Seed and Crop Protection segments. This diversification can provide stability and potential growth opportunities for investors.
  • The Seed segment of Corteva develops and supplies advanced germplasm and traits that can help farms achieve optimum yield. This focus on innovation can lead to competitive advantages in the market.
  • Corteva offers trait technologies that enhance resistance to weather and diseases, which can be crucial for farmers looking to protect their crops and improve productivity.
  • Recent developments in Corteva's product offerings have shown promising results, indicating potential growth in revenue and market share.
  • Investors may find Corteva's current stock price attractive, especially considering the company's position in the agriculture industry and potential for future growth.

Cons

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

  • While Corteva operates in the agriculture business, which can provide stability, it is also subject to various external factors such as weather conditions and market fluctuations that can impact its performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Corteva pros and cons to contact@marketbeat.com.

CTVA Stock Analysis - Frequently Asked Questions

How have CTVA shares performed this year?

Corteva's stock was trading at $47.92 on January 1st, 2024. Since then, CTVA stock has increased by 15.6% and is now trading at $55.39.
View the best growth stocks for 2024 here
.

How were Corteva's earnings last quarter?

Corteva, Inc. (NYSE:CTVA) released its quarterly earnings data on Wednesday, May, 1st. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.79 by $0.10. The business's revenue for the quarter was down 8.0% compared to the same quarter last year.
Read the conference call transcript
.

How will Corteva's stock buyback program work?

Corteva's board initiated a share buyback program on Tuesday, September 13th 2022, which allows the company to buy back $2,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 4.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its stock is undervalued.

Does Corteva have any subsidiaries?

The following companies are subsidiaries of Corteva: 3319858 Nova Scotia Company, Agar Cross Paraguaya S.A., 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., and others.

Who are Corteva's major shareholders?

Top institutional investors of Corteva include Bank of New York Mellon Corp (0.98%), Vaughan Nelson Investment Management L.P. (0.59%), Sumitomo Mitsui Trust Holdings Inc. (0.36%) and Artemis Investment Management LLP (0.18%). Insiders that own company stock include Cornel B Fuerer, Charles V Magro, David J Anderson, Robert D King, Samuel R Eathington, Brian Titus, Audrey Grimm and Klaus A Engel.
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.

What other stocks do shareholders of Corteva own?

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

This page (NYSE:CTVA) was last updated on 7/26/2024 by MarketBeat.com Staff

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