DuPont de Nemours (DD) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DuPont de Nemours in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DD shares.
View DD analyst ratings or view top-rated stocks.

12 brokerages have issued 12-month price targets for DuPont de Nemours' shares. Their DD share price forecasts range from $60.00 to $89.00. On average, they predict the company's stock price to reach $78.36 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price.
View analysts price targets for DD or view top-rated stocks among Wall Street analysts.

DuPont de Nemours' stock was trading at $68.63 at the start of the year. Since then, DD shares have increased by 5.4% and is now trading at $72.37.
View the best growth stocks for 2023 here.

DuPont de Nemours saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 9,840,000 shares, a decrease of 8.7% from the April 15th total of 10,780,000 shares. Based on an average daily volume of 3,200,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.2% of the company's stock are short sold.
View DuPont de Nemours' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our DD earnings forecast.

DuPont de Nemours, Inc. (NYSE:DD) released its quarterly earnings data on Tuesday, May, 2nd. The basic materials company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.81 by $0.03. The basic materials company earned $3 billion during the quarter, compared to analysts' expectations of $2.94 billion. DuPont de Nemours had a trailing twelve-month return on equity of 6.34% and a net margin of 43.63%. The company's quarterly revenue was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.82 EPS.
Read the conference call transcript.

DuPont de Nemours announced a quarterly dividend on Wednesday, April 19th. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.36 per share on Thursday, June 15th. This represents a $1.44 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Tuesday, May 30th.
Read our dividend analysis for DD.

ETFs with the largest weight of DuPont de Nemours (NYSE:DD) stock in their portfolio include Absolute Select Value ETF (ABEQ), ProShares Smart Materials ETF (TINT), Materials Select Sector SPDR Fund (XLB), Invesco S&P 500 Equal Weight Materials ETF (RTM), Putnam BioRevolution ETF (SYNB), Vanguard Materials ETF (VAW), Fidelity MSCI Materials Index ETF (FMAT) and ProShares Ultra Materials (UYM).

DuPont de Nemours (NYSE:DD) pays an annual dividend of $1.44 per share and currently has a dividend yield of 2.14%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DD will have a dividend payout ratio of 34.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DD.

DuPont de Nemours announced that its Board of Directors has approved a share repurchase program on Tuesday, February 8th 2022, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 2.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

DuPont de Nemours issued an update on its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $0.84-$0.84 for the period, compared to the consensus earnings per share estimate of $0.87. The company issued revenue guidance of $3.02 billion-$3.02 billion, compared to the consensus revenue estimate of $3.10 billion.

466 employees have rated DuPont de Nemours Chief Executive Officer Edward D. Breen on Glassdoor.com. Edward D. Breen has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other DuPont de Nemours investors own include Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), AT&T (T), Pfizer (PFE), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), CVS Health (CVS), Cisco Systems (CSCO) and DOW (DOW).

DuPont de Nemours trades on the New York Stock Exchange (NYSE) under the ticker symbol "DD."

DuPont de Nemours' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.19%), State Street Corp (4.02%), FMR LLC (3.62%), Geode Capital Management LLC (2.06%), Boston Partners (2.02%) and Macquarie Group Ltd. (1.44%). Insiders that own company stock include Darrell L Ford, Jon D Kemp, Leland Weaver, Luther C Iv Kissam, Michael G Goss, Raj Ratnakar, Randy Lee Stone and Rose Lee.
View institutional ownership trends.

Shares of DD 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.
Compare Top Brokerages Here.

One share of DD stock can currently be purchased for approximately $72.37.

DuPont de Nemours (NYSE:DD) has a market capitalization of $33.22 billion and generates $13.02 billion in revenue each year. The basic materials company earns $5.87 billion in net income (profit) each year or $11.53 on an earnings per share basis.

The company employs 23,000 workers across the globe.

DuPont de Nemours' mailing address is 974 CENTRE ROAD BUILDING 730, WILMINGTON DE, 19805. The official website for the company is www.dupont.com. The basic materials company can be reached via phone at (302) 774-3034, via email at investor.relations@dominionenergy.com, or via fax at 989-832-1556.