Dana - DAN Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dana in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street equities research 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 brokerages have issued 1-year price objectives for Dana's stock. Their DAN share price forecasts range from $15.00 to $16.00. On average, they predict the company's share price to reach $15.75 in the next year. This suggests that the stock has a possible downside of 3.9%.
View analysts price targets for DAN or view top-rated stocks among Wall Street analysts.

Dana's stock was trading at $22.82 on January 1st, 2022. Since then, DAN stock has decreased by 28.2% and is now trading at $16.39.
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Dana saw a decline in short interest in October. As of October 31st, there was short interest totaling 3,400,000 shares, a decline of 14.1% from the October 15th total of 3,960,000 shares. Based on an average trading volume of 1,420,000 shares, the short-interest ratio is currently 2.4 days. Approximately 2.4% of the shares of the stock are sold short.
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) announced its earnings results on Tuesday, October, 26th. The auto parts company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.05. The auto parts company earned $2.20 billion during the quarter, compared to analyst estimates of $2.08 billion. Dana had a positive trailing twelve-month return on equity of 3.66% and a negative net margin of 0.38%. The company's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 EPS.

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 annualized dividend and a yield of 2.44%. The ex-dividend date 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 2.46%.
Read our dividend analysis for DAN.

Dana updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) 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 retail and institutional investors. Top institutional shareholders 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 $16.39.

Dana (NYSE:DAN) has a market capitalization of $2.35 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.