NYSE:CTVA Corteva (CTVA) Stock Price, News & Analysis $55.33 +0.22 (+0.40%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$54.88▼$55.6650-Day Range$50.72▼$57.3052-Week Range$43.22▼$58.76Volume5.00 million shsAverage Volume3.35 million shsMarket Capitalization$38.56 billionP/E Ratio70.04Dividend Yield1.23%Price Target$61.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Corteva alerts: Email Address Corteva MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside11.5% Upside$61.67 Price TargetShort InterestHealthy1.25% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-8.17Upright™ Environmental ScoreNews Sentiment0.59Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth24.63%From $2.72 to $3.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.36 out of 5 starsConsumer Staples Sector20th out of 136 stocksAgricultural Production - Crops Industry1st out of 8 stocks 3.3 Analyst's Opinion Consensus RatingCorteva has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 13 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageCorteva has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Corteva's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.25% of the float of Corteva has been sold short.Short Interest Ratio / Days to CoverCorteva has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Corteva has recently increased by 3.96%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldCorteva pays a meaningful dividend of 1.12%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCorteva does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Corteva is 86.08%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Corteva will have a dividend payout ratio of 20.06% next year. This indicates that Corteva will be able to sustain or increase its dividend.Read more about Corteva's dividend. Previous Next 1.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCorteva has received a -49.59% net impact score from Upright. The largest negative impact of Corteva in category "Biodiversity" seems to be driven mostly by its "Synthetic herbicides", "Seed treatments", and "Synthetic fungicides" products. See details.Environmental SustainabilityThe Environmental Impact score for Corteva is -8.17. Previous Next 2.6 News and Social Media Coverage News SentimentCorteva has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Corteva this week, compared to 9 articles on an average week.Search Interest16 people have searched for CTVA on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows7 people have added Corteva to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corteva insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.14% of the stock of Corteva is held by insiders.Percentage Held by Institutions81.54% of the stock of Corteva is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Corteva's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Corteva are expected to grow by 24.63% in the coming year, from $2.72 to $3.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corteva is 70.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Corteva is 70.04, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.24.Price to Earnings Growth RatioCorteva has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCorteva has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Corteva's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About Corteva Stock (NYSE:CTVA)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. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana.Read More CTVA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTVA Stock News HeadlinesSeptember 6 at 10:58 PM | finance.yahoo.comCorteva, Inc. (CTVA.MX)September 5 at 9:50 PM | marketwatch.comCorteva Inc. stock falls Wednesday, still outperforms marketSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 5 at 5:43 AM | seekingalpha.comCorteva Sows Growth, But Harvests Mixed Results In Q2September 4 at 12:08 PM | finance.yahoo.comIs Corteva, Inc.'s (NYSE:CTVA) Recent Stock Performance Influenced By Its Fundamentals In Any Way?September 2, 2024 | americanbankingnews.comCorteva, Inc. (NYSE:CTVA) Announces Quarterly Dividend of $0.17September 2, 2024 | americanbankingnews.comAnalysts Set Corteva, Inc. (NYSE:CTVA) PT at $61.67August 30, 2024 | reuters.com3M, Corteva, Chemours hit with class action over 'forever chemicals' in carpetSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 27, 2024 | marketwatch.comCorteva Inc. stock rises Monday, outperforms marketAugust 24, 2024 | marketwatch.comCorteva Inc. stock rises Friday, outperforms marketAugust 18, 2024 | msn.comPioneer Hi-Bred, Corteva settle suit with farmworkers allegedly sprayed with pesticidesAugust 17, 2024 | news.yahoo.comJohnston's Pioneer Hi-Bred, Corteva settle lawsuit with farmworkers sprayed with pesticidesAugust 16, 2024 | investorplace.com7 Stocks to Protect Your Wealth in These Turbulent TimesAugust 15, 2024 | finance.yahoo.comCorteva's (NYSE:CTVA) Upcoming Dividend Will Be Larger Than Last Year'sAugust 15, 2024 | prnewswire.comCorteva to Host Investor Day, November 19, 2024August 15, 2024 | prnewswire.comCorteva Announces Dates for Third Quarter 2024 Earnings Release and WebcastAugust 14, 2024 | marketwatch.comCorteva Inc. stock rises Tuesday, still underperforms marketSee More Headlines Receive CTVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Corteva and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/18 Dividend6/04/2024Dividend Payable6/18/2024Last Earnings7/31/2024Ex-Dividend for 9/17 Dividend9/03/2024Today9/07/2024Dividend Payable9/17/2024Next Earnings (Confirmed)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Staples Industry Agricultural production - crops Sub-IndustryAgriculture Current SymbolNYSE:CTVA CUSIPN/A CIK1755672 Webwww.corteva.com Phone(833) 267-8382FaxN/AEmployees22,500Year Founded2019Price Target and Rating Average Stock Price Target$61.67 High Stock Price Target$69.00 Low Stock Price Target$52.00 Potential Upside/Downside+11.5%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio70.04 Forward P/E Ratio20.34 P/E Growth1.65Net Income$735 million Net Margins5.31% Pretax Margin6.23% Return on Equity7.30% Return on Assets4.32% Debt Debt-to-Equity Ratio0.10 Current Ratio1.72 Quick Ratio1.17 Sales & Book Value Annual Sales$16.90 billion Price / Sales2.28 Cash Flow$4.28 per share Price / Cash Flow12.92 Book Value$36.72 per share Price / Book1.51Miscellaneous Outstanding Shares696,976,000Free Float696,000,000Market Cap$38.56 billion OptionableOptionable Beta0.77 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Charles Victor Magro B.Sc. (Chem) (Age 54)MBA, CEO & Director Comp: $2.98MMr. David John Anderson B.S. (Age 75)M.B.A., Executive VP & CFO Comp: $1.77MDr. Samuel R. Eathington Ph.D. (Age 55)Executive VP & Chief Technology and Digital Officer Comp: $1.29MMr. Timothy P. Glenn (Age 57)Executive Vice President of Seed Business Unit Comp: $1.67MMr. Robert King (Age 53)Executive Vice President of Crop Protection Business Unit Comp: $1.04MMr. Brian Titus (Age 51)VP, Controller & Principal Accounting Officer Kimberly BoothVice President of Investor RelationsMr. Cornel B. Fuerer (Age 57)Senior VP, Secretary & General Counsel Comp: $1.51MMs. Audrey Grimm (Age 43)Senior VP, Chief HR & Diversity Officer Ms. Brook CunninghamSenior VP & Chief Strategy OfficerMore ExecutivesKey CompetitorsBrightViewNYSE:BVMission ProduceNASDAQ:AVOBrasilAgro - Companhia Brasileira de Propriedades AgrícolasNYSE:LNDVillage Farms InternationalNASDAQ:VFFYotta AcquisitionNASDAQ:YOTAView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 84,462 shares on 9/5/2024Ownership: 0.012%Coronation Fund Managers Ltd.Sold 128,539 shares on 9/4/2024Ownership: 0.024%Maven Securities LTDBought 4,200 shares on 8/29/2024Ownership: 0.000%Clearbridge Investments LLCBought 557,571 shares on 8/27/2024Ownership: 0.207%Teachers Retirement System of The State of KentuckySold 1,601 shares on 8/26/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions Should I Buy Corteva Stock? CTVA Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Corteva, Inc.: Corteva's stock price has been trading up, showing positive momentum in the market. Corteva recently increased its dividend, indicating a commitment to rewarding shareholders with a higher payout. The company reported strong earnings results, surpassing analyst estimates, showcasing financial health and potential growth. Analysts have given Corteva a "Moderate Buy" rating with an average target price above the current stock price, suggesting potential upside. Corteva operates in the agriculture sector, which is essential for global food production, providing stability and long-term demand for its products. Cons Investors should be bearish about investing in Corteva, Inc. for these reasons: Despite recent positive developments, Corteva's stock has faced fluctuations, indicating potential volatility in the market. The agriculture industry can be influenced by external factors like weather conditions and commodity prices, impacting Corteva's performance. There is a competitive landscape in the agriculture sector, with other major players vying for market share, potentially affecting Corteva's growth prospects. Corteva's P/E ratio is relatively high, indicating that the stock may be overvalued compared to its earnings, posing a risk for investors. Investing in individual stocks like Corteva carries inherent risks, as company-specific issues or industry challenges can impact the stock price unpredictably. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Corteva pros and cons to contact@marketbeat.com. CTVA Stock Analysis - Frequently Asked Questions How have CTVA shares performed this year? Corteva's stock was trading at $47.92 at the beginning of 2024. Since then, CTVA stock has increased by 15.5% and is now trading at $55.33. View the best growth stocks for 2024 here. How were Corteva's earnings last quarter? Corteva, Inc. (NYSE:CTVA) issued its quarterly earnings data on Wednesday, July, 31st. The company reported $1.83 earnings per share for the quarter, beating analysts' consensus estimates of $1.74 by $0.09. Corteva's revenue for the quarter was up 1.1% compared to the same quarter last year. Read the conference call transcript. How will Corteva's stock buyback program work? Corteva's board authorized a share repurchase program on Tuesday, September 13th 2022, which authorizes the company to buy back $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 4.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued. Does Corteva have any subsidiaries? The following companies are subsidiaries of Corteva: 3319858 Nova Scotia Company, Agar Cross Paraguaya S.A., AG EMEA Cooperatief U.A., AG EMEA Holding 1 BV, AG EMEA Holding 2 BV, AG EMEA Holding 3 BV, AG EMEA Holding 4 BV., and others. Who are Corteva's major shareholders? Corteva's top institutional investors include Massachusetts Financial Services Co. MA (1.87%), Independent Franchise Partners LLP (1.60%), Van ECK Associates Corp (1.25%) and Bank of New York Mellon Corp (0.98%). Insiders that own company stock include Cornel B Fuerer, Charles V Magro, David J Anderson, Robert D King, Samuel R Eathington, Brian Titus, Audrey Grimm and Klaus A Engel. View institutional ownership trends. How do I buy shares of Corteva? Shares of CTVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Corteva own? Based on aggregate information from My MarketBeat watchlists, some other companies that Corteva investors own include Cisco Systems (CSCO), AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), NVIDIA (NVDA), Home Depot (HD) and CVS Health (CVS). This page (NYSE:CTVA) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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