Dole (DOLE) Stock Price, News & Analysis

Company Overview

Dole Food Company, Inc. (Dole) is a producer, marketer and distributor of fresh fruit and fresh vegetables. The Company is a producer of bananas and pineapples, and packaged fruit products, packaged salads and fresh-packed vegetables. The Company has three business segments: fresh fruit, fresh vegetables and packaged foods. The fresh fruit segment contains operating divisions that produce and market fresh fruit to wholesale, retail and institutional customers worldwide. The fresh vegetables segment produces and markets fresh-packed and value-added vegetables and salads to wholesale, retail and institutional customers, primarily in North America and Europe. The packaged foods segment contains several operating divisions that produce and market packaged foods, including fruit, juices, frozen fruit and healthy snack foods. In November 2013, Dole Food Company, Inc announced that an investor group acquired the remaining 60.43% interest in the Company.

Key Stats

• Today's Range: $12.78 to $13.06
• 50-Day Range: N/A
• 52-Week Range: $12.01 to $17.12
• Volume: 496,594 shs
• Average Volume: 619,556 shs
• Market Capitalization: $1.33 billion
• P/E Ratio: 14.16
• Dividend Yield: 2.43%
• Price Target: $16.67
• Consensus Rating: Hold

Dole Stock Analysis - MarketRank™

Dole scored higher than 79% of companies evaluated by MarketBeat, and ranked 154th out of 441 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Dole has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Dole has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 15.97%

Earnings Growth

Earnings for Dole are expected to grow by 15.97% in the coming year, from $1.19 to $1.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Dole is 14.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dole is 14.16, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.43.

Price to Earnings Growth Ratio

Dole has a PEG Ratio of 1.42. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Dole has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.03% of the float of Dole has been sold short.

Short Interest Ratio / Days to Cover

Dole has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dole has recently decreased by 14.29%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Dole pays a meaningful dividend of 2.45%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Dole has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Dole is 17.35%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Dole will have a dividend payout ratio of 24.64% next year. This indicates that Dole will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.03% of the float of Dole has been sold short.

Short Interest Ratio / Days to Cover

Dole has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dole has recently decreased by 14.29%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 5 news articles for Dole this week, compared to 7 articles on an average week.

Search Interest

3 people have searched for DOLE on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

1 people have added Dole to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Dole insiders have not sold or bought any company stock.

Percentage Held by Insiders

41.80% of the stock of Dole is held by insiders. A high percentage of insider ownership can be a sign of company health.

DOLE Stock Analysis - Frequently Asked Questions

How were Dole's earnings last quarter?

Dole PLC (NYSE:DOLE) issued its quarterly earnings data on Monday, May, 12th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.04. The business's quarterly revenue was down 1.0% compared to the same quarter last year.
Read the conference call transcript.

When did Dole IPO?

Dole (DOLE) raised $500 million in an IPO on Friday, July 30th 2021. The company issued 30,300,000 shares at $16.00-$17.00 per share. Goldman Sachs, Deutsche Bank, Davy Group, BofA Securities, BMO Capital Markets, Rabo Securities and Stephens Inc. acted as the underwriters for the IPO.

Who are Dole's major shareholders?

Dole's top institutional investors include Pale Fire Capital SE (6.60%), American Century Companies Inc. (1.66%), Impax Asset Management Group plc (1.50%) and Bridgeway Capital Management LLC (1.22%).
View institutional ownership trends.

What other stocks do shareholders of Dole own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dole investors own include American Water Works (AWK), Humana (HUM), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Record date for 4/3 Dividend: 3/20/2025
• Ex-Dividend for 4/3 Dividend: 3/20/2025
• Dividend Payable: 4/03/2025
• Last Earnings: 5/12/2025
• Record date for 7/7 Dividend: 6/09/2025
• Ex-Dividend for 7/7 Dividend: 6/09/2025
• Today: 6/20/2025
• Dividend Payable: 7/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: AGRI OPERATIONS
• Sub-Industry: Packaged Foods & Meats
• Current Symbol: NYSE:DOLE
• CIK: 18169
• Web: www.dole.com
• Phone: +1-818-8796600
• Fax: 353-1887-2731
• Employees: 35,371
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $16.67
• High Stock Price Target: $20.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: +18.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.96
• Trailing P/E Ratio: 14.16
• Forward P/E Ratio: 11.78
• P/E Growth: 1.42
• Net Income: $125.51 million
• Net Margins: 1.12%
• Pretax Margin: 2.23%
• Return on Equity: 7.77%
• Return on Assets: 2.52%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 1.26
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $8.48 billion
• Price / Sales: 0.16
• Cash Flow: $2.34 per share
• Price / Cash Flow: 5.99
• Book Value: $14.74 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 95,140,000
• Free Float: 55,370,000
• Market Cap: $1.33 billion
• Optionable: Optionable
• Beta: 0.70