What is KeyCorp's Forecast for Corteva FY2026 Earnings?

Corteva, Inc. (NYSE:CTVA - Free Report) - Equities researchers at KeyCorp issued their FY2026 earnings per share estimates for shares of Corteva in a research note issued to investors on Sunday, April 13th. KeyCorp analyst A. Yefremov forecasts that the company will post earnings per share of $3.47 for the year. KeyCorp currently has a "Overweight" rating and a $71.00 price objective on the stock. The consensus estimate for Corteva's current full-year earnings is $2.96 per share.

Corteva (NYSE:CTVA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.32 earnings per share (EPS) 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%.

Other equities analysts have also recently issued research reports about the stock. Bank of America increased their price objective on shares of Corteva from $69.00 to $73.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Oppenheimer raised their price objective on Corteva from $70.00 to $72.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Wells Fargo & Company upped their target price on Corteva from $67.00 to $73.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 28th. Citigroup boosted their price target on shares of Corteva from $69.00 to $74.00 and gave the company a "buy" rating in a research note on Wednesday, January 29th. Finally, Argus raised shares of Corteva from a "hold" rating to a "buy" rating and set a $69.00 price objective on the stock in a research note on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $68.13.

Corteva Stock Up 0.8 %

NYSE CTVA traded up $0.49 on Tuesday, hitting $59.69. 3,661,138 shares of the company were exchanged, compared to its average volume of 3,314,795. The company has a current ratio of 1.45, a quick ratio of 0.93 and a debt-to-equity ratio of 0.08. The company has a market cap of $40.77 billion, a PE ratio of 46.27, a PEG ratio of 1.68 and a beta of 0.73. The stock has a fifty day moving average of $60.97 and a 200-day moving average of $60.28. Corteva has a 12 month low of $50.01 and a 12 month high of $66.24.

Hedge Funds Weigh In On Corteva

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CTVA. M&T Bank Corp increased its holdings in Corteva by 0.8% in the 3rd quarter. M&T Bank Corp now owns 2,077,000 shares of the company's stock worth $122,107,000 after buying an additional 16,087 shares in the last quarter. World Investment Advisors LLC purchased a new stake in Corteva in the third quarter worth approximately $319,000. Wilmington Savings Fund Society FSB raised its stake in Corteva by 247.9% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 44,080 shares of the company's stock valued at $2,591,000 after buying an additional 31,411 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Corteva by 6.1% during the 3rd quarter. Franklin Resources Inc. now owns 14,788,607 shares of the company's stock valued at $860,746,000 after buying an additional 856,007 shares during the period. Finally, 1ST Source Bank boosted its stake in shares of Corteva by 1.9% in the 3rd quarter. 1ST Source Bank now owns 19,195 shares of the company's stock worth $1,128,000 after buying an additional 367 shares during the last quarter. 81.54% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Corteva news, insider Brian Titus sold 26,560 shares of the firm's stock in a transaction dated 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 sale, the insider now directly owns 11,347 shares in the company, valued at approximately $723,257.78. This trade represents a 70.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.14% of the stock is owned by company insiders.

Corteva Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Monday, March 3rd. Corteva's payout ratio is 52.71%.

Corteva Company Profile

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.