NYSE:DAN - Dana Stock Price, Price Target & More

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

Dana announced a quarterly dividend on Thursday, April 26th. Investors of record on Friday, May 11th will be given a dividend of $0.10 per share on Friday, June 1st. This represents a $0.40 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, May 10th. View Dana's Dividend History.

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

Dana Inc (NYSE:DAN) issued its earnings results on Monday, April, 30th. The auto parts company reported $0.75 EPS for the quarter, topping the Zacks' consensus estimate of $0.67 by $0.08. The auto parts company had revenue of $2.14 billion for the quarter, compared to analysts' expectations of $1.91 billion. Dana had a net margin of 1.88% and a return on equity of 31.99%. The business's quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.63 EPS. View Dana's Earnings History.

Dana is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Dana.

Dana issued an update on its FY18 earnings guidance on Monday, April, 30th. The company provided EPS guidance of $2.75-3.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.99. The company issued revenue guidance of $7.75-8.05 billion, compared to the consensus revenue estimate of $7.89 billion.

12 analysts have issued 12-month target prices for Dana's stock. Their forecasts range from $25.00 to $35.00. On average, they anticipate Dana's stock price to reach $29.40 in the next year. View Analyst Ratings for Dana.

Dana saw a increase in short interest in May. As of May 15th, there was short interest totalling 2,814,072 shares, an increase of 40.1% from the April 30th total of 2,008,780 shares. Based on an average daily volume of 1,105,995 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.9% of the shares of the company are sold short. View Dana's Current Options Chain.

Some companies that are related to Dana include ISUZU MOTORS Lt/ADR (ISUZY), BorgWarner (BWA), Gentex (GNTX), Allison Transmission (ALSN), Adient (ADNT), Delphi Technologies (DLPH), Dongfeng Motor Group Co. Ltd ADR Class H (DNFGY), Cooper Standard (CPS), LCI Industries (LCII), Dorman Products (DORM), Tenneco (TEN), American Axle & Manufact. (AXL), Meritor (MTOR), Gentherm (THRM) and Standard Motor Products (SMP).

News stories about DAN stock have been trending somewhat negative this week, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dana earned a news impact score of -0.02 on Accern's scale. They also gave news articles about the auto parts company an impact score of 44.81 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Dana's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.52%), Wedge Capital Management L L P NC (3.84%), Dimensional Fund Advisors LP (2.88%), Gamco Investors INC. ET AL (2.70%), Frontier Capital Management Co. LLC (2.40%) and TCW Group Inc. (2.38%). Company insiders that own Dana stock include Aziz Aghili, Dwayne Matthews, James Kevin Kamsickas, Jonathan Mark Collins, Mark A Schulz, Mark E Wallace, Rodney R Filcek, Terrence J Keating 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 Prudential Financial Inc., JPMorgan Chase & Co., Frontier Capital Management Co. LLC, Gamco Investors INC. ET AL, Victory Capital Management Inc., Origin Asset Management LLP, Dimensional Fund Advisors LP and UBS Group AG. Company insiders that have sold Dana company stock in the last year include Aziz Aghili, Dwayne Matthews, James Kevin Kamsickas, Jonathan Mark Collins, Mark E Wallace, Rodney R Filcek, Terrence J Keating and Virginia A Kamsky. View Insider Buying and Selling for Dana.

DAN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Schwab Charles Investment Management Inc., LSV Asset Management, Foresters Investment Management Company Inc., State of Wisconsin Investment Board, Verition Fund Management LLC, A.R.T. Advisors LLC and Highbridge Capital Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of DAN stock can currently be purchased for approximately $20.88.

Dana has a market capitalization of $3.04 billion and generates $7.21 billion in revenue each year. The auto parts company earns $100 million in net income (profit) each year or $2.52 on an earnings per share basis. Dana employs 30,100 workers across the globe.

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]