Dana Stock Forecast, Price & News

8 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" Dana stock.
View analyst ratings for Dana or view top-rated stocks.

Wall Street analysts have given Dana a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Dana wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Dana saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,090,000 shares, a drop of 28.7% from the June 15th total of 2,930,000 shares. Based on an average daily volume of 929,400 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.5% of the shares of the stock are sold short.
View Dana's Short Interest.

Dana is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for Dana.

Dana will be holding an earnings conference call on Friday, July 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "6842746".

Dana Incorporated (NYSE:DAN) announced its earnings results on Wednesday, April, 28th. The auto parts company reported $0.66 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.19. The auto parts company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.02 billion. Dana had a positive trailing twelve-month return on equity of 4.77% and a negative net margin of 0.24%. Dana's revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.47 earnings per share.
View Dana's earnings history.

Dana's stock was trading at $10.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DAN shares have increased by 122.8% and is now trading at $22.73.
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Dana announced a quarterly dividend on Wednesday, April 21st. Investors of record on Friday, May 7th will be paid a dividend of $0.10 per share on Friday, May 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Thursday, May 6th.
View Dana's dividend history.

Dana pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.72%. Dana does not yet have a strong track record of dividend growth. The dividend payout ratio of Dana is 102.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Dana will have a dividend payout ratio of 11.98% next year. This indicates that Dana will be able to sustain or increase its dividend.
View Dana's dividend history.

Dana updated its FY 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share guidance of 2.100-2.600 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.240. The company issued revenue guidance of $8.50 billion-$9 billion, compared to the consensus revenue estimate of $8.49 billion.

8 brokerages have issued 12 month price objectives for Dana's stock. Their forecasts range from $18.00 to $34.00. On average, they anticipate Dana's share price to reach $25.63 in the next year. This suggests a possible upside of 12.7% from the stock's current price.
View analysts' price targets for Dana or view top-rated stocks among Wall Street analysts.

81 employees have rated Dana CEO James Kamsickas on Glassdoor.com. James Kamsickas has an approval rating of 75% among Dana's employees.

Some companies that are related to Dana include Aptiv (APTV), BorgWarner (BWA), Lear (LEA), Gentex (GNTX), Allison Transmission (ALSN), LCI Industries (LCII), Dorman Products (DORM), Gentherm (THRM), Tenneco (TEN), American Axle & Manufacturing (AXL), Standard Motor Products (SMP), Modine Manufacturing (MOD), Stoneridge (SRI) and Superior Industries International (SUP).
View all of DAN's competitors.

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 The Boeing (BA).

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

Shares of DAN 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 $22.73.

Dana has a market capitalization of $3.30 billion and generates $7.11 billion in revenue each year. The auto parts company earns $-31,000,000.00 in net income (profit) each year or $0.39 on an earnings per share basis.

Dana employs 38,200 workers across the globe.

The official website for Dana is www.dana.com.

Dana is headquartered at 3939 TECHNOLOGY DRIVE, MAUMEE OH, 43537.

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]