Corteva, Inc. (CTVA)

NYSE: CTVA · Real-Time Price · USD
58.76
+0.52 (0.89%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.89%
Market Cap 40.39B
Revenue (ttm) 16.64B
Net Income (ttm) 695.00M
Shares Out 687.29M
EPS (ttm) 0.98
PE Ratio 59.81
Forward PE 18.79
Dividend $0.68 (1.16%)
Ex-Dividend Date Dec 2, 2024
Volume 2,285,418
Open 58.46
Previous Close 58.24
Day's Range 58.00 - 59.03
52-Week Range 43.89 - 63.75
Beta 0.77
Analysts Buy
Price Target 63.72 (+8.44%)
Earnings Date Nov 6, 2024

About 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. ... [Read more]

Sector Materials
Founded 2018
Employees 22,500
Stock Exchange NYSE
Ticker Symbol CTVA
Full Company Profile

Financial Performance

In 2023, Corteva's revenue was $17.23 billion, a decrease of -1.31% compared to the previous year's $17.46 billion. Earnings were $735.00 million, a decrease of -35.92%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for CTVA stock is "Buy." The 12-month stock price forecast is $63.72, which is an increase of 8.44% from the latest price.

Price Target
$63.72
(8.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Corteva Highlights Breakthrough Innovation, Unveils New Financial Framework

Pipeline of disruptive technology poised to transform future of agriculture, create value for farmers, shareholders  INDIANAPOLIS , Nov. 19, 2024 /PRNewswire/ -- Today, at its 2024 Investor Day, Corte...

1 day ago - PRNewsWire

Corteva Agriscience Announces $3 Billion Share Repurchase Program

Reflects Company's Focus on Disciplined Capital Deployment INDIANAPOLIS , Nov. 19, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced that its Board of Directors authorized a new $3 billi...

1 day ago - PRNewsWire

Corteva Announces Breakthrough in Wheat Technology

Proprietary hybrid system marks crucial step-change, expected to deliver new floor for future growth in wheat yield, productivity INDIANAPOLIS , Nov. 18, 2024 /PRNewswire/ -- In advance of its Investo...

2 days ago - PRNewsWire

Green Stock News for November 18th, 2024: $WCN $CTVA $BP $ENPH $GOEV

Welcome to the green stock news brief for Monday, November 18th. Here are today's top headlines: AMP Robotics has partnered with Waste Connections (NYSE: WCN) to equip and operate a next-generation re...

Other symbols: BPENPHGOEVWCN
2 days ago - Green Stock News

Corteva Announces Intent to Partner with bp to Develop Low Carbon Intensity Bio-Feedstock for Aviation Fuel Production

INDIANAPOLIS , Nov. 18, 2024 /PRNewswire/ -- Corteva Inc. (NYSE: CTVA) announced today a collaboration with bp (NYSE: BP, LSE: BP.L) on the companies' shared intent to form a crop-based biofuel feedst...

Other symbols: BP
2 days ago - PRNewsWire

Corteva Q3: Lower Commodity And Raw Material Costs Ahead, Potential Margin Expansion

I reiterate a 'Buy' rating for Corteva with a fair value target of $68 per share, driven by anticipated margin expansion and end-market recovery. Corteva's Q3 results showed weak growth in Latin Ameri...

10 days ago - Seeking Alpha

Corteva, Inc. (CTVA) Q3 2024 Earnings Conference Call Transcript

Corteva, Inc. (NYSE:CTVA) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Kim Booth - VP of IR Chuck Magro - CEO David Johnson - EVP and CFO Tim Glenn - EVP, Seed Bu...

13 days ago - Seeking Alpha

Corteva Reports Third Quarter and Year-to-Date 2024 Results, Updates Full-Year 2024 Guidance, Provides 2025 Preliminary Outlook

3Q YTD performance reflects Seed price / mix gains and ongoing benefits from controllables 3Q results and Full Year 20243 impacted by Latin America planted area and market dynamics Preliminary 2025 ou...

14 days ago - PRNewsWire

The 2 Surging Dividends No Election Can Wreck

I know things feel pretty tense right now. But don't be pulled into the trap of thinking everything is up in the air these days.

Other symbols: CF
14 days ago - Forbes

Corteva Declares Quarterly Dividend

INDIANAPOLIS , Oct. 29, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced its Board of Directors has authorized a common stock dividend of $0.17 cents per share, payable Dec. 16, 2024, t...

22 days ago - PRNewsWire

Corteva Announces Tim Glenn Retirement, Appoints Judd O'Connor EVP, Seed Business Unit

INDIANAPOLIS , Oct. 15, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announced today that it has appointed Judd O'Connor as its new Executive Vice President (EVP) of its Seed Business Unit, effecti...

5 weeks ago - PRNewsWire

Micropep Closes Series B Round at $40M After Supplemental Funding Raised From Corteva, and Sparkfood

RALEIGH, N.C.--(BUSINESS WIRE)-- #agriculture--Micropep Technologies (Micropep), the global leader in micropeptide crop protection technologies, today announced it has successfully closed its Series B...

2 months ago - Business Wire

Corteva to Participate in BMO Ag-Apalooza

INDIANAPOLIS , Sept. 23, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, will speak at the 2024 BMO Ag-Apalooza event at 12:00 p.m.

2 months ago - PRNewsWire

Mark Cuban Foundation and Corteva Bring Free AI Bootcamp to Indianapolis Teens

INDIANAPOLIS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by Corteva in Indianapolis.

2 months ago - GlobeNewsWire

Pairwise Poised to Revolutionize Agriculture with Industry-Leading Fulcrum™ Platform following $40M Series C Funding

New Investment will Accelerate Transformative Innovation in Precision Plant Breeding, Improving Consumer Nutrition, Grower Economics, and Crop Climate Adaptation New Investment will Accelerate Transfo...

2 months ago - GlobeNewsWire

Corteva, Pairwise Join Forces to Accelerate Gene Editing, Advance Climate Resilience in Agriculture

Corteva to invest $25 million to acquire equity stake in gene editing innovator, Pairwise Strategic collaboration to also form a joint venture to accelerate gene editing solutions INDIANAPOLIS and DUR...

2 months ago - PRNewsWire

Corteva Offers A Pair Of Preferred Shares To Consider

Corteva, Inc.'s preferred stocks ($3.50 Series and $4.50 Series) offer diversification away from financials, despite low yields and thin trading volumes. Corteva is a profitable agriculture company wi...

2 months ago - Seeking Alpha

15 Upcoming Dividend Increases Including A King

This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and addin...

Other symbols: BACCHRWCWENFOXFOXAHRBK
2 months ago - Seeking Alpha

I Am Buying Investment-Grade Bonds And Preferreds For An Upcoming Recession

Yields are declining as Fed Reserve prepares for rate cut. We discuss six investment-grade bonds and preferreds offering ~6% yields. Act fast to secure CD-beating yield; quality investments are key.

Other symbols: AFGAPOCGKKRSCHD
3 months ago - Seeking Alpha

Corteva to Host Investor Day, November 19, 2024

Register for the Virtual Event and Get Updated on Company's Strategy, Innovation and Roadmap for Growth INDIANAPOLIS , Aug. 15, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) is hosting an Investor D...

3 months ago - PRNewsWire

Corteva Announces Dates for Third Quarter 2024 Earnings Release and Webcast

INDIANAPOLIS , Aug. 15, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced it will release its third quarter 2024 earnings on Wednesday, November 6, 2024, after the stock market close via...

3 months ago - PRNewsWire

Corteva, Inc. (CTVA) Q2 2024 Earnings Call Transcript

Corteva, Inc. (NYSE:CTVA) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Kim Booth - Vice President, Investor Relations Chuck Magro - Chief Executive Officer Dave An...

3 months ago - Seeking Alpha

Corteva Reports Second Quarter and First Half 2024 Results, Updates Full-Year Guidance

Solid first half results led by the strength of the Seed business and operational execution Crop Protection industry impacted by residual destocking and competitive pressures Updated 2024 revenue and ...

4 months ago - PRNewsWire

Corteva Announces CFO Dave Anderson Retirement, Appoints David Johnson as EVP, Chief Financial Officer

INDIANAPOLIS, July 31, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announced today that it has appointed David Johnson as its new Executive Vice President and Chief Financial Officer (CFO), effect...

4 months ago - PRNewsWire

Corteva Increases Quarterly Dividend for Fourth Consecutive Year

INDIANAPOLIS , July 29, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced its Board of Directors has authorized a common stock dividend of $0.17 per share, representing an annual increas...

4 months ago - PRNewsWire