Corteva (NYSE:CTVA – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.760-0.800 for the period, compared to the consensus EPS estimate of 1.070.
Analyst Upgrades and Downgrades
Several brokerages recently commented on CTVA. Weiss Ratings downgraded shares of Corteva from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Deutsche Bank reaffirmed a “buy” rating and set a $101.00 price target on shares of Corteva in a research report on Monday, August 3rd. Bank of America lifted their price objective on shares of Corteva from $90.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Mizuho boosted their price objective on shares of Corteva from $96.00 to $97.00 and gave the company an “outperform” rating in a report on Tuesday, July 14th. Finally, Zacks Research lowered shares of Corteva from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 6th. Sixteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $60.59.
Read Our Latest Analysis on CTVA
Corteva Price Performance
Shares of CTVA traded up $0.03 during trading hours on Wednesday, hitting $12.20. 12,838,632 shares of the company were exchanged, compared to its average volume of 8,011,878. The company has a quick ratio of 1.10, a current ratio of 1.52 and a debt-to-equity ratio of 0.07. Corteva has a fifty-two week low of $11.24 and a fifty-two week high of $90.97. The company has a market cap of $8.14 billion, a price-to-earnings ratio of 8.08, a P/E/G ratio of 1.69 and a beta of 0.58. The firm’s fifty day moving average is $41.93 and its 200 day moving average is $70.50.
Corteva Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, December 1st. This is a negative change from Corteva’s previous quarterly dividend of $0.18. This represents a $0.20 dividend on an annualized basis and a yield of 1.6%. Corteva’s dividend payout ratio is currently 13.25%.
Corteva Company Profile
Corteva, Inc. is an agricultural science company that develops and supplies products and services for farmers. Its business focuses on seeds and crop protection, including technologies intended to help improve crop performance and manage weeds, insects, and plant diseases. Its seed portfolio includes corn, soybean, and other crop varieties, sold under brands such as Pioneer and Brevant. Corteva’s crop protection offerings include herbicides, insecticides, fungicides, and biological products, alongside digital tools and services that support farm decision-making.
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