Dana - DAN Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dana in the last year. There are currently 6 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.
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6 Wall Street research analysts have issued 1-year target prices for Dana's stock. Their DAN share price forecasts range from $15.00 to $16.00. On average, they anticipate the company's share price to reach $15.75 in the next twelve months. This suggests that the stock has a possible downside of 8.7%.
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Dana's stock was trading at $22.82 at the beginning of the year. Since then, DAN stock has decreased by 24.4% and is now trading at $17.26.
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Dana saw a decrease in short interest in October. As of October 31st, there was short interest totaling 3,400,000 shares, a decrease of 14.1% from the October 15th total of 3,960,000 shares. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is presently 2.4 days. Currently, 2.4% of the shares of the company are short sold.
View Dana's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our DAN earnings forecast.

Dana Incorporated (NYSE:DAN) posted its quarterly earnings data on Tuesday, October, 26th. The auto parts company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.05. The auto parts company earned $2.20 billion during the quarter, compared to analysts' expectations of $2.08 billion. Dana had a negative net margin of 0.38% and a positive trailing twelve-month return on equity of 3.66%. The firm's quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.37 earnings per share.

Dana declared a quarterly dividend on Wednesday, October 26th. Shareholders of record on Friday, November 11th will be given a dividend of $0.10 per share on Friday, December 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend is Wednesday, November 9th.
Read our dividend analysis for DAN.

Dana (NYSE:DAN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.30%.
Read our dividend analysis for DAN.

Dana issued an update on its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share guidance of $0.60-$0.90 for the period, compared to the consensus earnings per share estimate of $0.68. The company issued revenue guidance of $10.00 billion-$10.20 billion, compared to the consensus revenue estimate of $10.08 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 institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (4.00%), Gamco Investors INC. ET AL (2.44%), Gabelli Funds LLC (1.80%), Gabelli Funds LLC (1.80%), Towle & Co (1.15%) and Russell Investments Group Ltd. (0.61%). 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 $17.26.

Dana (NYSE:DAN) has a market capitalization of $2.47 billion and generates $8.95 billion in revenue each year. The auto parts company earns $197 million in net income (profit) each year or ($0.25) on an earnings per share basis.

The company employs 40,200 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.