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 year. 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 brokers have issued 12-month price objectives for DuPont de Nemours' shares. Their DD share price forecasts range from $60.00 to $89.00. On average, they expect the company's stock price to reach $78.36 in the next year. This suggests a possible upside of 15.9% 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 beginning of the year. Since then, DD shares have decreased by 1.5% and is now trading at $67.60.
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DuPont de Nemours saw a decline in short interest in April. As of April 30th, there was short interest totaling 9,840,000 shares, a decline of 8.7% from the April 15th total of 10,780,000 shares. Based on an average trading volume of 3,200,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.2% of the shares of the stock are sold short.
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) issued its quarterly earnings results on Tuesday, May, 2nd. The basic materials company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.03. The basic materials company earned $3 billion during the quarter, compared to the consensus estimate 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 firm's quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.82 earnings per share.
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DuPont de Nemours announced a quarterly dividend on Wednesday, April 19th. Stockholders 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 2.13%. 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 2.13%. 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 declared that its Board of Directors has initiated a share repurchase program on Tuesday, February 8th 2022, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 2.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

DuPont de Nemours updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (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 institutional and retail 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 $67.60.

DuPont de Nemours (NYSE:DD) has a market capitalization of $31.03 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.