NYSE:DAN - Dana Stock Price, Forecast & News

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

Dana announced 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 2.31%. The ex-dividend date of this dividend is Thursday, February 27th. View Dana's Dividend History.

Dana announced that its board has authorized a share buyback plan on Tuesday, March 27th 2018, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Dana Inc (NYSE:DAN) posted its quarterly earnings results on Thursday, February, 13th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.07. The auto parts company earned $1.99 billion during the quarter, compared to analyst estimates of $2.01 billion. Dana had a net margin of 2.62% and a return on equity of 24.67%. Dana's revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.76 earnings per share. View Dana's Earnings History.

Dana is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Dana.

Dana issued an update on its FY20 earnings guidance on Thursday, February, 13th. The company provided EPS guidance of $2.65-3.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.04. The company issued revenue guidance of $8.25-8.75 billion, compared to the consensus revenue estimate of $8.60 billion.

8 Wall Street analysts have issued 12 month target prices for Dana's stock. Their forecasts range from $20.00 to $22.00. On average, they anticipate Dana's share price to reach $21.14 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View Analyst Price Targets for Dana.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dana in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dana.

Press coverage about DAN stock has trended somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. 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 -1.8 on InfoTrie's scale. They also assigned press coverage 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 impact on the company's share price in the near future. View News Stories for Dana.

Dana saw a decrease in short interest in January. As of January 31st, there was short interest totalling 3,810,000 shares, a decrease of 15.7% from the January 15th total of 4,520,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the short-interest ratio is presently 3.3 days. Approximately 2.7% of the shares of the stock are sold short. View Dana's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Dana investors own include Micron Technology (MU), Ford Motor (F), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD), AbbVie (ABBV), Apache (APA), Delta Air Lines (DAL), General Electric (GE) and Huntsman (HUN).

Dana's stock is owned by a number of of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (4.86%), Wedge Capital Management L L P NC (3.54%), State Street Corp (3.21%), Goldman Sachs Group Inc. (2.57%), AQR Capital Management LLC (2.42%) and LSV Asset Management (1.75%). Company insiders that own Dana stock include Dwayne Matthews, James D Kellett, Jonathan Mark Collins, Keith E Wandell, Mark E Wallace, Robert D Pyle and Virginia A Kamsky. View Institutional Ownership Trends for Dana.

DAN stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, TCW Group Inc., Bank of New York Mellon Corp, AQR Capital Management LLC, Anchor Bolt Capital LP, Russell Investments Group Ltd., William Blair Investment Management LLC and Mackay Shields LLC. Company insiders that have sold Dana company stock in the last year include Dwayne Matthews, James D Kellett, Jonathan Mark Collins, Mark E Wallace and Robert D Pyle. View Insider Buying and Selling for Dana.

DAN stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Alliancebernstein L.P., FMR LLC, Loomis Sayles & Co. L P, Bank of America Corp DE, Goldman Sachs Group Inc., Brookfield Hedge Solutions LLC and UBS Group AG. View Insider Buying and Selling for Dana.

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 $17.32.

Dana has a market capitalization of $2.49 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 30,900 workers across the globe.View Additional Information About Dana.

The official website for Dana is http://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]