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. Investors 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 dividend yield of 2.33%. The ex-dividend date is Thursday, February 27th. View Dana's Dividend History.

Dana declared that its board has initiated a stock buyback program on Tuesday, March 27th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership 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 revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 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 brokers have issued 1-year target prices 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 23.1% 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.

Media stories about DAN stock have been trending neutral recently, according to InfoTrie. InfoTrie rates the sentiment of 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 -5 to 5, with scores closest to five being the most favorable. Dana earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave news articles about the auto parts company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the near 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 daily volume of 1,160,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 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), 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 number of of retail and institutional investors. Top institutional shareholders 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 purchased 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 $17.17.

Dana has a market capitalization of $2.47 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]