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

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DuPont de Nemours in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DD shares.
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12 brokers have issued 12 month target prices for DuPont de Nemours' shares. Their DD share price forecasts range from $60.00 to $89.00. On average, they anticipate the company's share price to reach $78.36 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price.
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DuPont de Nemours' stock was trading at $68.63 at the beginning of 2023. Since then, DD shares have increased by 3.5% and is now trading at $71.04.
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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 trading volume, of 3,200,000 shares, the short-interest ratio is currently 3.1 days. Approximately 2.2% of the company's shares 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.
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DuPont de Nemours, Inc. (NYSE:DD) posted its earnings results on Tuesday, May, 2nd. The basic materials company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.81 by $0.03. The basic materials company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. DuPont de Nemours had a net margin of 43.63% and a trailing twelve-month return on equity of 6.34%. DuPont de Nemours's revenue was down 8.4% on a year-over-year basis. During the same period last year, the firm posted $0.82 earnings per share.
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DuPont de Nemours declared a quarterly dividend on Wednesday, April 19th. Shareholders of record on Wednesday, May 31st will be paid a dividend of $0.36 per share on Thursday, June 15th. This represents a $1.44 annualized dividend and a yield of 2.03%. The ex-dividend date 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 1.99%. 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 plan on Tuesday, February 8th 2022, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 2.4% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

DuPont de Nemours updated 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 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 investors 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.
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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.
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One share of DD stock can currently be purchased for approximately $71.04.

DuPont de Nemours (NYSE:DD) has a market capitalization of $32.61 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.