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NYSE:DOLE

(DOLE) (DOLE) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$12.13
$12.37
50-Day Range
N/A
52-Week Range
N/A
Volume
400,471 shs
Average Volume
755,663 shs
Market Capitalization
$1.17 billion
P/E Ratio
6.54
Dividend Yield
2.59%
Price Target
$17.00

(DOLE) MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.4% Upside
$17.00 Price Target
Short Interest
Healthy
2.36% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of (DOLE) in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.78%
From $1.15 to $1.32 Per Share

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.

4.35 out of 5 stars

Consumer Staples Sector

23rd out of 132 stocks

Agricultural Production - Crops Industry

2nd out of 8 stocks

DOLE stock logo

About (DOLE) Stock (NYSE:DOLE)

Dole Food Company, Inc. (Dole) is a producer, marketer and distributor of fresh fruit and fresh vegetables. The Company is a producer of bananas and pineapples, and packaged fruit products, packaged salads and fresh-packed vegetables. The Company has three business segments: fresh fruit, fresh vegetables and packaged foods. The fresh fruit segment contains operating divisions that produce and market fresh fruit to wholesale, retail and institutional customers worldwide. The fresh vegetables segment produces and markets fresh-packed and value-added vegetables and salads to wholesale, retail and institutional customers, primarily in North America and Europe. The packaged foods segment contains several operating divisions that produce and market packaged foods, including fruit, juices, frozen fruit and healthy snack foods. In November 2013, Dole Food Company, Inc announced that an investor group acquired the remaining 60.43% interest in the Company.

DOLE Stock News Headlines

Dole is a Tasty Low Hanging Treat for Value Hunters
As stock markets reach new all-time highs, it's tough to find bargains among strong companies with frothy valuations. Steady and reliable may not be enough to excite the markets, but for value investors, these treats are hidden gems in plain sight.
Dole is a Tasty Low Hanging Treat for Value Hunters
Dole is providing a tasty combination of slow and steady growth that appeals to value investors at a time when the stock market continues to look overvalued
Q1 2024 Dole PLC Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 4/4 Dividend
3/20/2024
Dividend Payable
4/04/2024
Last Earnings
5/15/2024
Today
6/01/2024
Ex-Dividend for 7/5 Dividend
6/12/2024
Dividend Payable
7/05/2024
Next Earnings (Estimated)
8/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Agricultural production - crops
Sub-Industry
Packaged Foods & Meats
CUSIP
25660310
Employees
34,078
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$17.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+37.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$124.06 million
Pretax Margin
3.18%

Debt

Sales & Book Value

Annual Sales
$8.25 billion
Cash Flow
$2.19 per share
Book Value
$14.88 per share

Miscellaneous

Free Float
55,249,000
Market Cap
$1.17 billion
Optionable
Optionable
Beta
0.84
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DOLE Stock Analysis - Frequently Asked Questions

Should I buy or sell (DOLE) stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for (DOLE) in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DOLE shares.
View DOLE analyst ratings
or view top-rated stocks.

What is (DOLE)'s stock price target for 2024?

1 brokers have issued twelve-month target prices for (DOLE)'s stock. Their DOLE share price targets range from $17.00 to $17.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price.
View analysts price targets for DOLE
or view top-rated stocks among Wall Street analysts.

Are investors shorting (DOLE)?

(DOLE) saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,460,000 shares, a decrease of 13.6% from the April 30th total of 1,690,000 shares. Based on an average daily trading volume, of 521,800 shares, the short-interest ratio is presently 2.8 days. Approximately 2.4% of the shares of the stock are sold short.
View (DOLE)'s Short Interest
.

When is (DOLE)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024.
View our DOLE earnings forecast
.

How were (DOLE)'s earnings last quarter?

(DOLE) (NYSE:DOLE) posted its earnings results on Wednesday, May, 15th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.12. The business had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.12 billion. (DOLE) had a trailing twelve-month return on equity of 9.19% and a net margin of 2.15%. (DOLE)'s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.34 earnings per share.

How often does (DOLE) pay dividends? What is the dividend yield for (DOLE)?

(DOLE) announced a quarterly dividend on Tuesday, May 14th. Shareholders of record on Wednesday, June 12th will be given a dividend of $0.08 per share on Friday, July 5th. This represents a $0.32 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Wednesday, June 12th.
Read our dividend analysis for DOLE
.

Is (DOLE) a good dividend stock?

(DOLE) (NYSE:DOLE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 2.62%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOLE will have a dividend payout ratio of 24.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DOLE.

What ETFs hold (DOLE)'s stock?

ETFs with the largest weight of (DOLE) (NYSE:DOLE) stock in their portfolio include VegTech Plant-based Innovation & Climate ETF (EATV) and Invesco Food & Beverage ETF (PBJ).iShares MSCI Ireland ETF (EIRL).

What other stocks do shareholders of (DOLE) own?
When did (DOLE) IPO?

(DOLE) (DOLE) raised $500 million in an initial public offering (IPO) on Friday, July 30th 2021. The company issued 30,300,000 shares at a price of $16.00-$17.00 per share. Goldman Sachs, Deutsche Bank, Davy Group, BofA Securities, BMO Capital Markets, Rabo Securities and Stephens Inc. served as the underwriters for the IPO.

Who are (DOLE)'s major shareholders?

(DOLE)'s stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (0.82%), High Ground Investment Management LLP (0.52%), Acadian Asset Management LLC (0.45%), Empowered Funds LLC (0.43%), Shah Capital Management (0.32%) and Allspring Global Investments Holdings LLC (0.26%).
View institutional ownership trends
.

This page (NYSE:DOLE) was last updated on 6/1/2024 by MarketBeat.com Staff

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