Dana (DAN) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dana in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" DAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DAN, but not buy additional shares or sell existing shares.
View DAN analyst ratings or view top-rated stocks.

4 analysts have issued 12 month price targets for Dana's shares. Their DAN share price forecasts range from $14.00 to $17.00. On average, they predict the company's stock price to reach $15.75 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for DAN or view top-rated stocks among Wall Street analysts.

Dana's stock was trading at $15.13 on January 1st, 2023. Since then, DAN shares have decreased by 1.5% and is now trading at $14.90.
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Dana saw a decline in short interest in May. As of May 15th, there was short interest totaling 4,110,000 shares, a decline of 12.6% from the April 30th total of 4,700,000 shares. Based on an average daily trading volume, of 1,130,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 2.9% of the company's stock are short sold.
View Dana's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our DAN earnings forecast.

Dana Incorporated (NYSE:DAN) posted its quarterly earnings results on Friday, April, 28th. The auto parts company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.11. The auto parts company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.56 billion. Dana had a positive trailing twelve-month return on equity of 3.92% and a negative net margin of 2.24%. The business's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.16 EPS.

Dana declared a quarterly dividend on Wednesday, April 26th. Investors of record on Friday, May 12th will be paid a dividend of $0.10 per share on Friday, June 2nd. This represents a $0.40 annualized dividend and a dividend yield of 2.68%. The ex-dividend date is Thursday, May 11th.
Read our dividend analysis for DAN.

ETFs with the largest weight of Dana (NYSE:DAN) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), Inverse Cramer Tracker ETF (SJIM), SmartETFs Smart Transportation & TechnologyETF (MOTO), Invesco S&P MidCap 400 Pure Value ETF (RFV), SPDR S&P Kensho Smart Mobility ETF (HAIL), Nuveen Small Cap Select ETF (NSCS), Gabelli Love Our Planet & People ETF (LOPP) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

Dana (NYSE:DAN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.70%.
Read our dividend analysis for DAN.

Dana issued an update on its FY23 earnings guidance on Friday, April, 28th. The company provided EPS guidance of $0.25-0.75 for the period, compared to the consensus estimate of $0.56. The company issued revenue guidance of $10.35-10.85 billion, compared to the consensus revenue estimate of $10.68 billion.

81 employees have rated Dana Chief Executive Officer James Kamsickas on Glassdoor.com. James Kamsickas has an approval rating of 75% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dana investors own include Micron Technology (MU), AT&T (T), Ford Motor (F), CVS Health (CVS), Intel (INTC), Advanced Micro Devices (AMD), AbbVie (ABBV), Netflix (NFLX), QUALCOMM (QCOM) and Boeing (BA).

Dana trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAN."

Dana's stock is owned by many different retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (3.49%), Russell Investments Group Ltd. (0.50%), Cibc World Markets Corp (0.40%), Systematic Financial Management LP (0.32%), Rhumbline Advisers (0.32%) and Robotti Robert (0.30%). Insiders that own company stock include Aziz Aghili, Byron S Foster, James D Kellett, Jonathan Mark Collins and Robert D Pyle.
View institutional ownership trends.

Shares of DAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DAN stock can currently be purchased for approximately $14.90.

Dana (NYSE:DAN) has a market capitalization of $2.15 billion and generates $10.16 billion in revenue each year. The auto parts company earns $-242,000,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis.

The company employs 41,800 workers across the globe.

Dana's mailing address is 3939 TECHNOLOGY DRIVE, MAUMEE OH, 43537. The official website for the company is www.dana.com. The auto parts company can be reached via phone at (419) 887-3000, via email at investorrelations@dana.com, or via fax at 419-887-5200.