Dana Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dana in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Dana stock.
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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 trading volume of 929,400 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.5% of the company's shares are short sold.
View Dana's Short Interest.

Dana is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Dana.

Dana Incorporated (NYSE:DAN) announced its quarterly earnings results on Friday, July, 30th. The auto parts company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.49 by $0.10. The auto parts company earned $2.21 billion during the quarter, compared to analysts' expectations of $2.09 billion. Dana had a positive trailing twelve-month return on equity of 4.77% and a negative net margin of 0.24%. The firm's revenue for the quarter was up 104.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.69) earnings per share.
View Dana's earnings history.

Dana's stock was trading at $10.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DAN stock has increased by 136.9% and is now trading at $24.16.
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Dana declared a quarterly dividend on Wednesday, July 28th. Stockholders of record on Friday, August 13th will be paid a dividend of $0.10 per share on Friday, September 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Thursday, August 12th.
View Dana's dividend history.

Dana pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.68%. 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 issued an update on its FY21 earnings guidance on Friday, July, 30th. The company provided EPS guidance of $2.10-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.43. The company issued revenue guidance of $8.5-9.0 billion, compared to the consensus revenue estimate of $8.75 billion.

8 analysts have issued 1 year price targets for Dana's shares. Their forecasts range from $18.00 to $34.00. On average, they expect Dana's stock price to reach $25.63 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price.
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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).
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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."

Dana's stock is owned by a variety of retail and institutional investors. Top institutional investors include Cutler Group LP (0.00%). Company insiders that own Dana stock include Aziz Aghili, Dwayne Matthews, James D Kellett, Jonathan Mark Collins, Mark E Wallace and Robert D Pyle.
View institutional ownership trends for Dana.

DAN stock was sold by a variety of institutional investors in the last quarter, including Cutler Group LP. Company insiders that have sold Dana company stock in the last year include Aziz Aghili, James D Kellett, Jonathan Mark Collins, and Robert D Pyle.
View insider buying and selling activity for Dana or view top insider-selling stocks.

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 $24.16.

Dana has a market capitalization of $3.51 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]