NYSE:DAN - Dana Stock Price, Forecast & News

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

Dana declared a quarterly dividend on Tuesday, February 11th. Stockholders of record on Friday, February 28th will be given a dividend of $0.10 per share on Friday, March 20th. This represents a $0.40 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Thursday, February 27th. View Dana's Dividend History.

Dana declared that its Board of Directors has approved a stock buyback program on Tuesday, March 27th 2018, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 2.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

Dana Inc (NYSE:DAN) released its earnings results on Thursday, February, 13th. The auto parts company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The auto parts company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.01 billion. Dana had a return on equity of 24.67% and a net margin of 2.62%. The company's quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 EPS. 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 updated 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 brokers have issued 12-month price targets for Dana's shares. Their forecasts range from $20.00 to $22.00. On average, they anticipate Dana's stock price to reach $21.14 in the next twelve months. 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.

News articles about DAN stock have trended neutral recently, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Dana earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned headlines about the auto parts company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Dana.

Dana saw a decline in short interest in January. As of January 31st, there was short interest totalling 3,810,000 shares, a decline of 15.7% from the January 15th total of 4,520,000 shares. Based on an average trading volume of 1,160,000 shares, the short-interest ratio is presently 3.3 days. Currently, 2.7% of the shares of the company are short sold. 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 many different of institutional and retail 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]