NYSE:DANDana Stock Price, Forecast & News

Dana's stock was trading at $10.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DAN shares have increased by 15.4% and is now trading at $11.77. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dana in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dana.

Dana is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Dana.

Dana Inc (NYSE:DAN) released its quarterly earnings results on Thursday, April, 30th. The auto parts company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.17. The auto parts company earned $1.93 billion during the quarter, compared to the consensus estimate of $1.83 billion. Dana had a return on equity of 21.22% and a net margin of 1.98%. The business's quarterly revenue was down 10.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.78 earnings per share. View Dana's earnings history.

Dana declared a quarterly dividend on Tuesday, February 11th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.10 per share on Friday, March 20th. This represents a $0.40 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Thursday, February 27th. View Dana's dividend history.

Dana updated its second quarter 2020 After-Hours earnings guidance on Wednesday, June, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1-1 billion, compared to the consensus revenue estimate of $1.07 billion.

9 Wall Street analysts have issued 12 month price objectives for Dana's stock. Their forecasts range from $11.00 to $21.00. On average, they expect Dana's share price to reach $15.75 in the next year. This suggests a possible upside of 33.8% from the stock's current price. View analysts' price targets for Dana.

Headlines about DAN stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Dana earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the auto parts company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Dana.

Dana saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,310,000 shares, a drop of 15.1% from the May 31st total of 3,900,000 shares. Based on an average daily volume of 2,280,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 2.3% of the company's shares are sold short. View Dana's Current Options Chain.

Some companies that are related to Dana include Aptiv (APTV), BorgWarner (BWA), Lear (LEA), Gentex (GNTX), Allison Transmission (ALSN), LCI Industries (LCII), Dorman Products (DORM), Visteon (VC), Gentherm (THRM), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Tower International (TOWR), Spartan Motors (SPAR), Stoneridge (SRI) and Tenneco (TEN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dana investors own include AT&T (T), Micron Technology (MU), Ford Motor (F), Intel (INTC), AbbVie (ABBV), Advanced Micro Devices (AMD), Home Depot (HD), Netflix (NFLX), Bank of America (BAC) and CVS Health (CVS).

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

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

One share of DAN stock can currently be purchased for approximately $11.77.

Dana has a market capitalization of $1.70 billion and generates $8.62 billion in revenue each year. The auto parts company earns $226 million in net income (profit) each year or $3.06 on an earnings per share basis. Dana employs 36,300 workers across the globe.

The official website for Dana is www.dana.com.

Dana's mailing address is 3939 TECHNOLOGY DRIVE, MAUMEE OH, 43537. The auto parts company can be reached via phone at 419-887-3000 or via email at [email protected]