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

11 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 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DD shares.
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11 analysts have issued 12 month price objectives for DuPont de Nemours' stock. Their DD share price forecasts range from $73.00 to $90.00. On average, they anticipate the company's share price to reach $79.50 in the next year. This suggests a possible upside of 9.1% 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 6.1% and is now trading at $72.84.
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DuPont de Nemours saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,960,000 shares, an increase of 6.2% from the August 15th total of 5,610,000 shares. Based on an average daily volume of 2,810,000 shares, the short-interest ratio is presently 2.1 days. Currently, 1.3% of the shares of the company are sold short.
View DuPont de Nemours' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
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DuPont de Nemours, Inc. (NYSE:DD) issued its earnings results on Wednesday, August, 2nd. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.02. The basic materials company earned $3.09 billion during the quarter, compared to analyst estimates of $3.03 billion. DuPont de Nemours had a trailing twelve-month return on equity of 6.11% and a net margin of 37.09%. The company's quarterly revenue was down 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.88 EPS.
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DuPont de Nemours announced a quarterly dividend on Tuesday, June 27th. Investors of record on Monday, July 31st will be given a dividend of $0.36 per share on Friday, September 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Friday, July 28th.
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), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), QRAFT AI-Enhanced U.S. Next Value ETF (NVQ), ProShares Smart Materials ETF (TINT), Materials Select Sector SPDR Fund (XLB), Invesco S&P 500 Equal Weight Materials ETF (RSPM), Invesco S&P 500 Equal Weight Materials ETF (RTM) and Putnam BioRevolution ETF (SYNB).

DuPont de Nemours (NYSE:DD) pays an annual dividend of $1.44 per share and currently has a dividend yield of 1.98%. 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 14.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DD will have a dividend payout ratio of 35.04% 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 approved a share repurchase program on Tuesday, February 8th 2022, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 2.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

DuPont de Nemours updated its FY23 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $3.40-3.50 for the period, compared to the consensus earnings per share estimate of $3.58. The company issued revenue guidance of $12.45-12.55 billion, compared to the consensus revenue estimate of $12.41 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. (7.05%), State Street Corp (4.04%), Bank Julius Baer & Co. Ltd Zurich (3.65%), Geode Capital Management LLC (2.10%), Boston Partners (1.76%) and Nuveen Asset Management LLC (1.68%). Insiders that own company stock include 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 $72.84.

DuPont de Nemours (NYSE:DD) has a market capitalization of $33.44 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 $9.70 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.