Corteva, Inc. (CTVA)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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.
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.
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...
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...
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...
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...
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.
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...
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...
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...
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 ...
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...
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...