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 annualized dividend and a yield of 2.28%. The ex-dividend date is Thursday, February 27th. View Dana's Dividend History.

Dana declared that its board has approved a stock repurchase program 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 reacquire up to 2.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

Dana Inc (NYSE:DAN) released its quarterly earnings data on Thursday, February, 13th. The auto parts company reported $0.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.60 by $0.07. The auto parts company earned $1.99 billion during the quarter, compared to analysts' expectations of $2.01 billion. Dana had a net margin of 2.62% and a return on equity of 24.67%. The business's quarterly revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $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 earnings per share (EPS) guidance of $2.65-3.15 for the period, compared to the Thomson Reuters consensus earnings per share 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 price targets for Dana's shares. Their forecasts range from $20.00 to $22.00. On average, they expect Dana's stock price to reach $21.14 in the next year. This suggests a possible upside of 20.4% 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.

Media headlines about DAN stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Dana earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave press coverage about the auto parts company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Dana.

Dana saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 3,810,000 shares, a drop 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 currently 3.3 days. Approximately 2.7% of the company's shares 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), AbbVie (ABBV), Advanced Micro Devices (AMD), Apache (APA), Delta Air Lines (DAL), General Electric (GE) and Huntsman (HUN).

Dana's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include 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%), LSV Asset Management (1.75%) and Bank of New York Mellon Corp (1.71%). 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 acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, FMR LLC, Loomis Sayles & Co. L P, Bank of America Corp DE, Goldman Sachs Group Inc., Brookfield Hedge Solutions LLC, UBS Group AG and Schroder Investment Management Group. 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 $17.56.

Dana has a market capitalization of $2.53 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]