Dana (DAN) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dana in the last twelve months. There are currently 4 hold ratings and 1 buy rating 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.

5 analysts have issued 1-year target prices for Dana's stock. Their DAN share price forecasts range from $16.00 to $21.00. On average, they predict the company's stock price to reach $18.67 in the next twelve months. This suggests a possible upside of 27.5% 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 stock has decreased by 3.2% and is now trading at $14.64.
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Dana saw a increase in short interest in August. As of August 15th, there was short interest totaling 5,060,000 shares, an increase of 5.4% from the July 31st total of 4,800,000 shares. Based on an average daily trading volume, of 1,750,000 shares, the days-to-cover ratio is currently 2.9 days. Approximately 3.5% of the company's stock are sold short.
View Dana's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our DAN earnings forecast.

Dana Incorporated (NYSE:DAN) announced its quarterly earnings data on Friday, July, 28th. The auto parts company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.21. The auto parts company earned $2.75 billion during the quarter, compared to analyst estimates of $2.71 billion. Dana had a positive trailing twelve-month return on equity of 6.59% and a negative net margin of 1.99%. The firm's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.08 EPS.

Dana declared a quarterly dividend on Wednesday, July 26th. Investors of record on Friday, August 11th will be given a dividend of $0.10 per share on Friday, September 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend is Thursday, August 10th.
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), SmartETFs Smart Transportation & TechnologyETF (MOTO), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), SPDR S&P Kensho Smart Mobility ETF (HAIL), Nuveen Small Cap Select ETF (NSCS), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap 600 Revenue ETF (RWJ) and Gabelli Love Our Planet & People ETF (LOPP).

Dana (NYSE:DAN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.74%.
Read our dividend analysis for DAN.

Dana updated its FY 2023 earnings guidance on Friday, July, 28th. The company provided earnings per share (EPS) guidance of $0.65-$1.05 for the period, compared to the consensus estimate of $0.68. The company issued revenue guidance of $10.45 billion-$10.95 billion, compared to the consensus revenue estimate of $10.72 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 a variety of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (3.42%), Cibc World Markets Corp (0.56%), Russell Investments Group Ltd. (0.45%), Kennedy Capital Management LLC (0.41%), Rhumbline Advisers (0.31%) and Tudor Investment Corp Et Al (0.23%). Insiders that own company stock include Aziz Aghili, Byron S Foster, James D Kellett and Robert D Pyle.
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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 $14.64.

Dana (NYSE:DAN) has a market capitalization of $2.11 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 ($1.46) 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.