Dana - DAN Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dana in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DAN, but not buy additional shares or sell existing shares.
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6 brokerages have issued 1 year price targets for Dana's shares. Their DAN share price forecasts range from $14.00 to $18.00. On average, they expect the company's stock price to reach $15.75 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price.
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Dana's stock was trading at $15.13 at the start of the year. Since then, DAN stock has decreased by 7.5% and is now trading at $14.00.
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Dana saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 3,990,000 shares, an increase of 22.4% from the January 31st total of 3,260,000 shares. Based on an average trading volume of 925,400 shares, the short-interest ratio is presently 4.3 days. Approximately 2.8% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our DAN earnings forecast.

Dana Incorporated (NYSE:DAN) posted its earnings results on Tuesday, February, 21st. The auto parts company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.33. The auto parts company had revenue of $2.56 billion for the quarter, compared to analysts' expectations of $2.51 billion. Dana had a positive trailing twelve-month return on equity of 3.02% and a negative net margin of 2.38%. The firm's revenue for the quarter was up 12.4% on a year-over-year basis.

Dana declared a quarterly dividend on Wednesday, February 15th. Stockholders of record on Friday, March 3rd will be paid a dividend of $0.10 per share on Friday, March 24th. This represents a $0.40 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, March 2nd.
Read our dividend analysis for DAN.

ETFs with the largest weight of Dana (NYSE:DAN) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), SmartETFs Smart Transportation & TechnologyETF (MOTO), Invesco S&P MidCap 400 Pure Value ETF (RFV), SPDR S&P Kensho Smart Mobility ETF (HAIL), Nuveen Small Cap Select ETF (NSCS), Gabelli Love Our Planet & People ETF (LOPP), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

Dana (NYSE:DAN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.92%.
Read our dividend analysis for DAN.

Dana issued an update on its FY 2023 earnings guidance on Tuesday, February, 21st. The company provided EPS guidance of $0.25-$0.75 for the period, compared to the consensus estimate of $1.73. The company issued revenue guidance of $10.35 billion-$10.85 billion, compared to the consensus revenue estimate of $10.49 billion.

81 employees have rated Dana Chief Executive Officer James Kamsickas on Glassdoor.com. James Kamsickas has an approval rating of 75% among the company's employees.

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 Boeing (BA).

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

Dana's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (3.63%), Russell Investments Group Ltd. (0.42%), Cibc World Markets Corp (0.42%), Systematic Financial Management LP (0.37%), Foundry Partners LLC (0.31%) and Robotti Robert (0.30%). Insiders that own company stock include Aziz Aghili, Byron S Foster, James D Kellett, Jonathan Mark Collins and Robert D Pyle.
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Shares of DAN stock 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 $14.00.

Dana (NYSE:DAN) has a market capitalization of $2.02 billion and generates $10.16 billion in revenue each year. The auto parts company earns $-242,000,000.00 in net income (profit) each year or ($1.68) on an earnings per share basis.

The company employs 41,800 workers across the globe.

Dana's mailing address is 3939 TECHNOLOGY DRIVE, MAUMEE OH, 43537. The official website for the company is www.dana.com. The auto parts company can be reached via phone at (419) 887-3000, via email at investorrelations@dana.com, or via fax at 419-887-5200.