KeyCorp Forecasts Corteva’s FY2026 Earnings (NYSE:CTVA)

Corteva, Inc. (NYSE:CTVA) – Equities research analysts at KeyCorp issued their FY2026 earnings per share estimates for shares of Corteva in a research report issued on Sunday, April 13th. KeyCorp analyst A. Yefremov anticipates that the company will earn $3.47 per share for the year. KeyCorp currently has a “Overweight” rating and a $71.00 target price on the stock. The consensus estimate for Corteva’s current full-year earnings is $2.96 per share.

Corteva (NYSE:CTVA) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). Corteva had a net margin of 5.36% and a return on equity of 7.19%.

A number of other equities research analysts have also issued reports on the company. BNP Paribas raised Corteva to a “hold” rating in a research report on Monday, February 10th. Argus upgraded shares of Corteva from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a report on Monday, March 31st. Wells Fargo & Company boosted their price target on shares of Corteva from $67.00 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. Oppenheimer upped their price target on shares of Corteva from $70.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Finally, Royal Bank of Canada lifted their price objective on shares of Corteva from $72.00 to $73.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, Corteva presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.13.

Corteva Trading Up 1.7 %

Corteva stock opened at $60.28 on Tuesday. Corteva has a 12-month low of $50.01 and a 12-month high of $66.24. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.45 and a quick ratio of 0.93. The stock has a market capitalization of $41.17 billion, a PE ratio of 46.73, a price-to-earnings-growth ratio of 1.68 and a beta of 0.73. The firm has a 50 day simple moving average of $61.20 and a 200-day simple moving average of $60.27.

Hedge Funds Weigh In On Corteva

A number of hedge funds have recently made changes to their positions in CTVA. Oak Thistle LLC purchased a new stake in Corteva during the 4th quarter valued at about $1,514,000. Van ECK Associates Corp increased its holdings in shares of Corteva by 5.9% in the fourth quarter. Van ECK Associates Corp now owns 9,428,206 shares of the company’s stock valued at $537,031,000 after purchasing an additional 525,531 shares during the last quarter. Swedbank AB lifted its position in Corteva by 51.9% during the fourth quarter. Swedbank AB now owns 695,641 shares of the company’s stock worth $39,624,000 after buying an additional 237,764 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in Corteva by 755.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 552,769 shares of the company’s stock worth $31,486,000 after buying an additional 488,181 shares during the last quarter. Finally, S.E.E.D. Planning Group LLC grew its holdings in Corteva by 54.5% in the 4th quarter. S.E.E.D. Planning Group LLC now owns 96,103 shares of the company’s stock valued at $5,474,000 after buying an additional 33,886 shares in the last quarter. Institutional investors and hedge funds own 81.54% of the company’s stock.

Insider Activity

In related news, insider Brian Titus sold 26,560 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $63.74, for a total transaction of $1,692,934.40. Following the completion of the transaction, the insider now owns 11,347 shares of the company’s stock, valued at $723,257.78. This trade represents a 70.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.14% of the company’s stock.

Corteva Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $0.17 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.68 annualized dividend and a yield of 1.13%. Corteva’s dividend payout ratio (DPR) is presently 52.71%.

About Corteva

Corteva, Inc operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics.