Corteva (NYSE:CTVA – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.760-0.800 for the period, compared to the consensus earnings per share estimate of 1.070.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on CTVA shares. Mizuho increased 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. Weiss Ratings downgraded shares of Corteva from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Royal Bank Of Canada restated an “outperform” rating and set a $17.00 target price on shares of Corteva in a research report on Wednesday, October 7th. Morgan Stanley restated an “overweight” rating and set a $18.00 target price on shares of Corteva in a research report on Friday, October 2nd. Finally, Argus reaffirmed a “buy” rating and set a $91.00 target price on shares of Corteva in a research note on Friday, September 18th. Sixteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $60.59.
View Our Latest Analysis on CTVA
Corteva Price Performance
Shares of CTVA stock traded up $0.03 during trading hours on Wednesday, hitting $12.20. The stock had a trading volume of 13,022,884 shares, compared to its average volume of 8,034,034. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.52 and a quick ratio of 1.10. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of 8.08, a PEG ratio of 1.69 and a beta of 0.58. Corteva has a one year low of $11.24 and a one year high of $90.97. The stock’s 50-day moving average price is $41.93 and its two-hundred day moving average price is $70.50.
Corteva Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, December 1st. This represents a $0.20 annualized dividend and a yield of 1.6%. This is a drop from Corteva’s previous quarterly dividend of $0.18. Corteva’s dividend payout ratio (DPR) is 13.25%.
About Corteva
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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