Dover Corporation Company Profile (NYSE:DOV)

About Dover Corporation (NYSE:DOV)

Dover Corporation logoDover Corporation is a diversified global manufacturer delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The Company's segments include Energy, Engineered Systems, Fluids and Refrigeration & Food Equipment. The Company's Energy segment is a provider of solutions and services for production and processing of fuels around the world. Its Engineered Systems segment includes two platforms: Printing & Identification, and Industrials and is focused on the design, manufacture and service of critical equipment and components serving the fast-moving consumer goods, digital textile printing and industrial end markets. Its Fluids segment is focused on the safe handling of critical fluids across the retail fueling, chemical, and industrial end markets. The Refrigeration & Food Equipment segment is a provider of energy efficient equipment and systems serving the commercial refrigeration and food equipment end markets.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Industrial Machinery & Equipment
  • Sub-Industry: Industrial Machinery
  • Symbol: NYSE:DOV
  • CUSIP: 26000310
  • Web:
  • Market Cap: $14.71378 billion
  • Outstanding Shares: 155,734,000
Average Prices:
  • 50 Day Moving Avg: $90.16
  • 200 Day Moving Avg: $84.07
  • 52 Week Range: $65.50 - $95.14
  • Trailing P/E Ratio: 23.69
  • Foreward P/E Ratio: 21.01
  • P/E Growth: 1.54
Sales & Book Value:
  • Annual Revenue: $7.29 billion
  • Price / Sales: 2.02
  • Book Value: $26.15 per share
  • Price / Book: 3.62
  • Annual Dividend: $1.88
  • Dividend Yield: 2.0%
  • EBITDA: $1.22 billion
  • Net Margins: 8.61%
  • Return on Equity: 13.36%
  • Return on Assets: 5.22%
  • Debt-to-Equity Ratio: 0.72%
  • Current Ratio: 1.25%
  • Quick Ratio: 0.81%
  • Average Volume: 1.00 million shs.
  • Beta: 1.27
  • Short Ratio: 2.41

Frequently Asked Questions for Dover Corporation (NYSE:DOV)

What is Dover Corporation's stock symbol?

Dover Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "DOV."

How often does Dover Corporation pay dividends? What is the dividend yield for Dover Corporation?

Dover Corporation announced a quarterly dividend on Tuesday, August 8th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.47 per share on Friday, September 15th. This represents a $1.88 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Tuesday, August 29th. This is a boost from Dover Corporation's previous quarterly dividend of $0.44. View Dover Corporation's Dividend History.

How were Dover Corporation's earnings last quarter?

Dover Corporation (NYSE:DOV) issued its quarterly earnings data on Thursday, July, 20th. The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.03. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.94 billion. Dover Corporation had a return on equity of 13.36% and a net margin of 8.61%. The firm's revenue for the quarter was up 18.2% on a year-over-year basis. During the same quarter last year, the company posted $0.76 EPS. View Dover Corporation's Earnings History.

When will Dover Corporation make its next earnings announcement?

Dover Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for Dover Corporation.

What guidance has Dover Corporation issued on next quarter's earnings?

Dover Corporation issued an update on its FY17 earnings guidance on Thursday, July, 20th. The company provided earnings per share (EPS) guidance of $4.23-4.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.20. The company issued revenue guidance of +12-14% to ~$7.61-7.75 billion, compared to the consensus revenue estimate of $7.71 billion.

Where is Dover Corporation's stock going? Where will Dover Corporation's stock price be in 2017?

17 analysts have issued 12-month target prices for Dover Corporation's stock. Their predictions range from $79.00 to $106.00. On average, they anticipate Dover Corporation's share price to reach $93.55 in the next twelve months. View Analyst Ratings for Dover Corporation.

What are analysts saying about Dover Corporation stock?

Here are some recent quotes from research analysts about Dover Corporation stock:

  • 1. According to Zacks Investment Research, "Dover guides its adjusted EPS in the range of $4.23–$4.33 for 2017, the mid-point of which reflects a 38% increase year over year. The company will benefit from significant drilling activity, strong Printing & Identification platform, strength of retail refrigeration business, and robust hygienic and pharma markets. Further, Dover's announcement of the separation of its upstream energy businesses will help focus on core platforms of market-leading businesses. Focus on acquisition strategy and operating model will drive growth. Moreover, the stock has outperformed its industry over the past year." (10/17/2017)
  • 2. UBS AG analysts commented, "On Dec. 22nd, TGI Aerostructures initiated litigation against Bombardier. Triumph is seeking payment for certain non-recurring expenses incurred during the development phase of BBD’s Global 7000 program for a cash payment of $340MM." (1/6/2017)

Who are some of Dover Corporation's key competitors?

Who are Dover Corporation's key executives?

Dover Corporation's management team includes the folowing people:

  • Robert A. Livingston, President, Chief Executive Officer, Director
  • Brad M. Cerepak, Chief Financial Officer, Senior Vice President
  • Ivonne M. Cabrera, Senior Vice President, General Counsel, Secretary
  • Jay L. Kloosterboer, Senior Vice President - Human Resources
  • Patrick M. Burns, Senior Vice President, Strategy
  • Stephen Gary Kennon, Senior Vice President
  • Russell Toney, Senior Vice President - Global Sourcing
  • Carrie Anderson, Principal Accounting Officer, Vice President, Controller
  • James M. Moran, Vice President, Treasurer
  • Paul E. Goldberg, Vice President - Investor Relations

How do I buy Dover Corporation stock?

Shares of Dover Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Dover Corporation's stock price today?

One share of Dover Corporation stock can currently be purchased for approximately $94.77.

MarketBeat Community Rating for Dover Corporation (NYSE DOV)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  393 (Vote Outperform)
Underperform Votes:  513 (Vote Underperform)
Total Votes:  906
MarketBeat's community ratings are surveys of what our community members think about Dover Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Dover Corporation (NYSE:DOV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 10 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.41)
Consensus Price Target: $93.55 (1.29% downside)
Consensus Price Target History for Dover Corporation (NYSE:DOV)
Price Target History for Dover Corporation (NYSE:DOV)
Analysts' Ratings History for Dover Corporation (NYSE:DOV)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Stifel NicolausReiterated RatingHold$92.00N/AView Rating Details
10/12/2017SunTrust Banks, Inc.Reiterated RatingHold$90.00N/AView Rating Details
10/9/2017Citigroup Inc.Reiterated RatingNeutral$90.00 -> $96.00N/AView Rating Details
10/2/2017Morgan StanleyReiterated RatingOverweight$97.00 -> $106.00LowView Rating Details
9/20/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$80.00 -> $105.00MediumView Rating Details
9/13/2017Seaport Global SecuritiesReiterated RatingNeutralLowView Rating Details
9/12/2017Robert W. BairdReiterated RatingBuy$95.00LowView Rating Details
9/6/2017Royal Bank Of CanadaReiterated RatingHold$91.00LowView Rating Details
8/27/2017BMO Capital MarketsReiterated RatingBuy$94.00MediumView Rating Details
6/9/2017Bank of America CorporationBoost Price TargetBuy$90.00 -> $95.00LowView Rating Details
6/7/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
5/24/2017CIBCReiterated RatingHoldMediumView Rating Details
4/22/2017Edward JonesDowngradeBuy -> HoldMediumView Rating Details
4/19/2017Barclays PLCBoost Price TargetEqual Weight$78.00 -> $79.00HighView Rating Details
1/30/2017Langenberg & CompanyUpgradeSell -> HoldN/AView Rating Details
1/3/2017Vertical ResearchUpgradeHold -> BuyN/AView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingOutperformN/AView Rating Details
10/7/2016Susquehanna Bancshares IncInitiated CoverageNeutral$77.00N/AView Rating Details
3/14/2016Credit Suisse GroupBoost Price TargetOutperform$71.00 -> $73.00N/AView Rating Details
3/7/2016NomuraBoost Price TargetBuy$68.00 -> $77.00N/AView Rating Details
1/27/2016William BlairReiterated RatingMarket Perform$66.00N/AView Rating Details
1/11/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$60.00N/AView Rating Details
12/1/2015Deutsche Bank AGReiterated RatingSellN/AView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for Dover Corporation (NYSE:DOV)
Earnings by Quarter for Dover Corporation (NYSE:DOV)
Earnings History by Quarter for Dover Corporation (NYSE DOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/19/2017$1.13N/AView Earnings Details
7/20/2017Q2 2017$1.01$1.04$1.94 billion$1.99 billionViewN/AView Earnings Details
4/20/2017Q1 2017$0.61$1.09$1.77 billion$1.81 billionViewN/AView Earnings Details
1/26/2017Q416$0.95$0.71$1.71 billion$1.80 billionViewListenView Earnings Details
10/19/2016Q316$0.82$0.83$1.71 billion$1.71 billionViewListenView Earnings Details
7/21/2016Q216$0.85$0.76$1.71 billion$1.69 billionViewListenView Earnings Details
4/21/2016Q116$0.60$0.52$1.59 billion$1.60 billionViewListenView Earnings Details
1/26/2016Q415$0.75$0.81$1.67 billion$1.70 billionViewListenView Earnings Details
10/20/2015Q315$1.07$1.14$1.81 billion$1.80 billionViewListenView Earnings Details
7/21/2015Q215$0.99$0.97$1.77 billion$1.80 billionViewListenView Earnings Details
4/21/2015Q115$0.73$0.72$1.72 billion$1.70 billionViewListenView Earnings Details
1/27/2015Q414$0.95$1.01$2.04 billion$2.00 billionViewListenView Earnings Details
10/16/2014Q314$1.31$1.35$2.05 billion$2.10 billionViewListenView Earnings Details
7/17/2014Q214$1.29$1.29$2.07 billion$2.00 billionViewListenView Earnings Details
4/17/2014Q114$1.01$1.01$1.89 billion$1.90 billionViewListenView Earnings Details
1/30/2014Q413$1.28$1.28$2.17 billion$2.20 billionViewListenView Earnings Details
10/17/2013Q313$1.50$1.54$2.31 billion$2.30 billionViewListenView Earnings Details
7/18/2013Q2 2013$1.29$1.70$2.19 billion$2.23 billionViewListenView Earnings Details
4/17/2013Q1 2013$1.08$1.10$2.07 billion$2.04 billionViewListenView Earnings Details
1/24/2013Q4 2012$1.07$1.09$1.89 billion$2.01 billionViewListenView Earnings Details
10/17/2012$1.28$1.32ViewN/AView Earnings Details
7/18/2012$1.14$1.15ViewN/AView Earnings Details
4/18/2012$1.02$1.05ViewN/AView Earnings Details
1/25/2012$1.04$1.07ViewN/AView Earnings Details
10/21/2011$1.13$1.20ViewN/AView Earnings Details
7/22/2011$1.14$1.19ViewN/AView Earnings Details
4/21/2011$0.90$0.92ViewN/AView Earnings Details
1/28/2011$0.82$0.94ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Dover Corporation (NYSE:DOV)
2017 EPS Consensus Estimate: $3.69
2018 EPS Consensus Estimate: $4.26
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.59$0.63$0.61
Q2 20174$0.89$1.02$0.94
Q3 20174$1.06$1.12$1.10
Q4 20174$0.96$1.18$1.05
Q1 20182$0.76$0.85$0.81
Q2 20182$1.09$1.13$1.11
Q3 20182$1.22$1.23$1.23
Q4 20182$1.04$1.20$1.12
(Data provided by Zacks Investment Research)


Current Dividend Information for Dover Corporation (NYSE:DOV)
Most Recent Dividend:9/15/2017
Annual Dividend:$1.88
Dividend Yield:1.98%
Dividend Growth:5.90% (3 Year Average)
Payout Ratio:47.12% (Trailing 12 Months of Earnings)
47.84% (Based on This Year's Estimates)
41.69% (Based on Next Year's Estimates)
Track Record:61 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Dover Corporation (NYSE:DOV)

Dividend History by Quarter for Dover Corporation (NYSE DOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Dover Corporation (NYSE:DOV)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 86.01%
Insider Trades by Quarter for Dover Corporation (NYSE:DOV)
Institutional Ownership by Quarter for Dover Corporation (NYSE:DOV)
Insider Trades by Quarter for Dover Corporation (NYSE:DOV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/4/2017Michael B StubbsDirectorSell25,000$87.04$2,176,000.00View SEC Filing  
5/19/2017Michael B StubbsDirectorSell40,000$83.22$3,328,800.00View SEC Filing  
5/12/2017C. Anderson FincherVPSell15,638$79.85$1,248,694.30View SEC Filing  
4/26/2017William SpurgeonVPSell7,864$81.25$638,950.00View SEC Filing  
2/27/2017Michael B StubbsDirectorSell20,000$80.30$1,606,000.00View SEC Filing  
2/24/2017Sandra A ArkellVPSell1,850$79.94$147,889.00View SEC Filing  
11/14/2016Jay L KloosterboerInsiderSell11,501$70.25$807,945.25View SEC Filing  
10/26/2016Sandra A ArkellVPSell565$68.73$38,832.45View SEC Filing  
8/10/2016C. Anderson FincherVPSell1,420$73.42$104,256.40View SEC Filing  
8/5/2016Paul GoldbergVPSell1,800$72.13$129,834.00View SEC Filing  
8/2/2016Robert LivingstonCEOSell25,927$69.24$1,795,185.48View SEC Filing  
7/28/2016William SpurgeonVPSell17,170$71.65$1,230,230.50View SEC Filing  
2/25/2016Stephen SellhausenSVPSell18,500$59.86$1,107,410.00View SEC Filing  
2/17/2016Michael F JohnstonDirectorBuy4,000$61.80$247,200.00View SEC Filing  
5/20/2015Robert LivingstonCEOSell5,000$76.84$384,200.00View SEC Filing  
2/19/2015C. Anderson FincherVPSell3,698$74.33$274,872.34View SEC Filing  
2/5/2015Michael B StubbsDirectorSell69,000$72.73$5,018,370.00View SEC Filing  
10/23/2014Richard K LochridgeDirectorSell2,550$78.48$200,124.00View SEC Filing  
7/24/2014Paul GoldbergVPSell2,977$89.67$266,947.59View SEC Filing  
5/13/2014Sivasankaran SomasundaramVPSell4,000$86.81$347,240.00View SEC Filing  
5/9/2014Mary A WinstonDirectorSell3,000$85.18$255,540.00View SEC Filing  
4/23/2014Jay L KloosterboerSVPSell8,770$86.29$756,763.30View SEC Filing  
4/23/2014Raymond T MckayVPSell14,762$86.20$1,272,484.40View SEC Filing  
10/30/2013Jeffrey NiewVPSell7,281$92.09$670,507.29View SEC Filing  
8/12/2013Sivasankaran SomasundaramVPSell2,009$88.14$177,073.26View SEC Filing  
8/1/2013Thomas GiacominiVPSell11,228$87.77$985,481.56View SEC Filing  
7/26/2013Raymond T MckayVPSell8,630$84.52$729,407.60View SEC Filing  
7/24/2013James MoyleVPSell2,412$85.15$205,381.80View SEC Filing  
7/23/2013Jeffrey NiewVPSell6,198$85.23$528,255.54View SEC Filing  
7/22/2013Paul GoldbergVPSell5,887$85.02$500,512.74View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Dover Corporation (NYSE:DOV)
Latest Headlines for Dover Corporation (NYSE:DOV)
DateHeadline logoDover's Q3 Earnings to Gain from Boost in Drilling Activity - October 16 at 6:40 PM logoDover's Q3 Earnings to Gain from Boost in Drilling Activity - October 16 at 6:40 PM logoDover Corporation to Post Q3 2017 Earnings of $1.11 Per Share, SunTrust Banks Forecasts (DOV) - October 16 at 2:38 AM logoSunTrust Banks Comments on Dover Corporation's Q4 2017 Earnings (DOV) - October 13 at 9:56 AM logoRefrigerated Display Cases (RDC) Glasses Market: Players Resort to Competitive Pricing to Boost Uptake | Transparency Market Research - October 12 at 11:52 PM logoSunTrust Banks, Inc. Reiterates "Hold" Rating for Dover Corporation (DOV) - October 12 at 5:18 PM logoDover Corporation (DOV) to Release Earnings on Thursday - October 12 at 1:22 AM logoReviewing Dover Corporation (DOV) and The Competition - October 11 at 10:30 AM logoDover Corporation: Dover Anounces Third Quarter 2017 Earnings Release Date, Conference Call And Webcast - Nasdaq - October 10 at 3:44 PM logoDover Corporation: Dover Anounces Third Quarter 2017 Earnings Release Date, Conference Call And Webcast - October 10 at 3:43 PM logoDover Corporation (DOV) Rating Reiterated by Citigroup Inc. - October 9 at 10:16 PM logoComparing W.W. Grainger (GWW) and Dover Corporation (DOV) - October 8 at 6:16 PM logoDover Corporation (DOV) Receives Average Recommendation of "Hold" from Brokerages - October 7 at 3:02 PM logoShould You Expect Dover Corporation (DOV) To Continue Delivering An ROE Of 16.12%? - October 5 at 10:12 AM logoDover Microsystems Launches CoreGuard™ - October 4 at 4:43 PM logoFluid Handling System Market Worth 73.28 Billion USD by 2023 - October 4 at 4:43 PM logoHead to Head Review: American Outdoor Brands Corporation (AOBC) & Dover Corporation (DOV) - October 4 at 12:28 PM logoPump Jack - Global Market Outlook (2017-2023) - October 3 at 5:49 PM logoDover Corporation (DOV) Expected to Announce Quarterly Sales of $1.99 Billion - October 3 at 3:54 AM logoDover Corporation (DOV) PT Raised to $106.00 - October 2 at 9:32 PM logoFY2017 EPS Estimates for Dover Corporation (DOV) Cut by Analyst - September 29 at 6:46 AM logoQ3 2017 EPS Estimates for Dover Corporation (DOV) Reduced by William Blair - September 28 at 7:28 AM logoQ3 2017 EPS Estimates for Dover Corporation Reduced by Analyst (DOV) - September 28 at 7:28 AM logoCISOs Select Verodin as Winner of Security Current's Security Shark Tank® Chicago - September 27 at 7:10 PM logoBeverage Refrigeration Market worth $4.5bn by 2024: Global Market Insights, Inc. - September 25 at 11:43 AM logoStock Traders Buy High Volume of Dover Corporation Put Options (DOV) - September 25 at 8:52 AM logoDover Corp. : DOV-US: Dividend Analysis : August 31st, 2017 (record date) : By the numbers : September 22, 2017 - September 22 at 5:01 PM logoILC Dover to Unveil Innovative New Xtrakt™ Bulk Liquid Dispensing System at Pack Expo, Booth 6758 - September 21 at 6:01 PM logoDover Corporation (DOV) Stock Rating Upgraded by J P Morgan Chase & Co - September 21 at 12:38 AM logoDover Corporation (DOV) PT Raised to $97.00 - September 19 at 10:42 AM logoDover (DOV) Hits 52-Week High on Solid Bookings and Backlog - Nasdaq - September 18 at 3:15 PM logoDover (DOV) Hits 52-Week High on Solid Bookings and Backlog - September 18 at 3:15 PM logoDover Corporation (DOV) and Its Rivals Head to Head Contrast - September 16 at 4:24 AM logoSeaport Global Securities Reiterates "Neutral" Rating for Dover Corporation (DOV) - September 16 at 12:26 AM logoDover Corporation (DOV) Presents At Morgan Stanley 5th Annual Laguna Conference - Slideshow - September 15 at 6:27 PM logoSunTrust Banks Comments on Dover Corporation's FY2017 Earnings (DOV) - September 15 at 8:26 AM logoDover Corporation (DOV) Forecasted to Post Q3 2017 Earnings of $1.14 Per Share - September 15 at 8:02 AM logoReviewing Dover Corporation (DOV) & Its Peers - September 15 at 12:18 AM logoForm 8-K DOVER Corp For: Sep 14 - - September 14 at 3:32 PM logoHow Safe Is Dover's Dividend? - September 14 at 3:32 PM logoDover Seeks Diligent Options to Separate Wellsite Business - Nasdaq - September 14 at 5:20 AM logoDover to Explore Alternatives for Wellsite Business - September 14 at 12:18 AM logoDover Corporation: Dover Exploring Strategic Alternatives For The Separation Of Its Upstream Energy Businesses - Nasdaq - September 12 at 11:43 PM logoDover Corporation (DOV) Stock Rating Reaffirmed by Robert W. Baird - September 12 at 9:28 PM logoDover Corp. (DOV) Exploring Separation Of Its Upstream Energy Businesses - September 12 at 6:42 PM logoDover Corp. down a hair as it explores spin for Wellsite unit - September 12 at 6:42 PM logoDover explores potential sale of Wellsite energy businesses - September 12 at 6:42 PM logoDover considering sale of upstream energy unit - September 12 at 6:42 PM logo[$$] Dover to Explore Alternatives for Wellsite Business - September 12 at 6:41 PM logoDo-It-Yourself Breakup Talk, Dover Style - September 12 at 6:41 PM



Dover Corporation (DOV) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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