Corteva, Inc. (CTVA)

NYSE: CTVA · IEX Real-Time Price · USD
55.18
-0.02 (-0.04%)
At close: Apr 23, 2024, 4:00 PM
55.35
+0.17 (0.31%)
Pre-market: Apr 24, 2024, 4:01 AM EDT
-0.04%
Market Cap 38.56B
Revenue (ttm) 17.23B
Net Income (ttm) 735.00M
Shares Out 698.88M
EPS (ttm) 1.03
PE Ratio 53.57
Forward PE 19.24
Dividend $0.64 (1.16%)
Ex-Dividend Date Feb 29, 2024
Volume 2,576,242
Open 54.67
Previous Close 55.20
Day's Range 54.67 - 55.57
52-Week Range 43.22 - 61.87
Beta 0.77
Analysts Buy
Price Target 62.95 (+14.08%)
Earnings Date May 1, 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
CEO Charles Victor Magro B.Sc. (Chem), MBA
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 21 analysts, the average rating for CTVA stock is "Buy." The 12-month stock price forecast is $62.95, which is an increase of 14.08% from the latest price.

Price Target
$62.95
(14.08% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ciena, Corteva, VF Corp | Top Calls

Top calls today are Ciena, Corteva and VF Corp.

Other symbols: CIENVFC
11 days ago - Bloomberg Markets and Finance

Ducera Growth Ventures Announces Strategic Collaboration with Corteva Catalyst

NEW YORK--(BUSINESS WIRE)--Ducera Partners LLC, a leading investment bank, today announced that its venture capital investment platform, Ducera Growth Ventures (“Ducera Growth”) has established a stra...

4 weeks ago - Business Wire

Corteva Launches Corteva Catalyst

New Investment and Partnership Platform Will Accelerate Next Generation Ag-tech Innovation   INDIANAPOLIS , March 19, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced the launch of Cort...

5 weeks ago - PRNewsWire

Corteva Announces Dates for First Quarter 2024 Earnings Release and Webcast

INDIANAPOLIS , March 13, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced it will release its first quarter 2024 earnings on Wednesday, May 1, 2024, after the stock market close via pre...

5 weeks ago - PRNewsWire

AgPlenus Achieves Milestone in Collaboration with Corteva to Develop Novel Herbicides

REHOVOT, Israel , March 6, 2024 /PRNewswire/ -- AgPlenus Ltd., a global leader in designing and developing novel sustainable crop protection products and a subsidiary of Evogene Ltd.

Other symbols: EVGN
6 weeks ago - PRNewsWire

Lavie Bio Successfully Secures Second Half Advance Payment of $2.5M after Meeting Corteva's Licensing Agreement Requirements

The payment completes the $5M advance payment received under the licensing agreement for bio-fungicide product candidates REHOVOT, Israel , Feb. 28, 2024 /PRNewswire/ -- Lavie Bio Ltd., a leading ag-b...

Other symbols: EVGN
7 weeks ago - PRNewsWire

Corteva to Participate in Bank of America Securities 2024 Global Agriculture & Materials Conference, February 28

Register to attend live webcast INDIANAPOLIS , Feb. 22, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, and Executive Vice President and Chief Fina...

2 months ago - PRNewsWire

Corteva Reports Fourth Quarter and Full-Year 2023 Results, Provides 2024 Guidance

Full-year net sales and earnings demonstrates solid execution and strength of portfolio 2024 guidance3 reflects continued operating EBITDA 1 and margin growth INDIANAPOLIS , Jan. 31, 2024 /PRNewswire/...

2 months ago - PRNewsWire

Corteva Declares Quarterly Dividend

INDIANAPOLIS , Jan. 26, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced its Board of Directors has authorized a common stock dividend of $0.16 cents per share, payable March 15, 2024, ...

3 months ago - PRNewsWire

UPL To Strengthen Fungicide Portfolio with Planned Acquisition of Corteva's Mancozeb Business

UPL to acquire Corteva Agriscience's global mancozeb fungicide business outside of China, Japan, South Korea and EU member countries Mancozeb is a highly effective protective fungicide used to prevent...

3 months ago - PRNewsWire

Corteva Announces Dates for Fourth Quarter 2023 Earnings Release and Webcast

INDIANAPOLIS , Dec. 19, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced it will release its fourth quarter 2023 earnings on Wednesday, January 31, 2024, after the stock market close vi...

4 months ago - PRNewsWire

Corteva is really well-positioned, says Oakmark's Nicolas

Mike Nicolas, Oakmark portfolio manager, joins 'Squawk on the Street' to discuss what's taking Nicolas in the direction of Phillips 66, what's causing weakness in Corteva's stock, and more.

4 months ago - CNBC Television

Top 3 Materials Stocks That Are Set To Fly In Q4 - Corteva (NYSE:CTVA), Snow Lake Resources (NASDAQ:LITM)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: LITMSSL
4 months ago - Benzinga

Expanded Farmer Access to Corteva's Enlist® Herbicides Anticipated for 2024 Growing Season

INDIANAPOLIS , Dec. 1, 2023 /PRNewswire/ -- After successfully completing a comprehensive Endangered Species Act (ESA) consultation process, Corteva Agriscience's innovative Enlist® herbicides are poi...

5 months ago - PRNewsWire

Companies agree to pay $110M settlement for PFAS chemicals in Ohio

The Chemours Co. CC said Wednesday it reached a settlement with the State of Ohio along with DuPont de Nemours Inc. DD and Corteva Inc. CTVA for $110 million to resolve claims related to the manufactu...

Other symbols: CCDD
5 months ago - Market Watch

DuPont, Chemours, and Corteva Reach Natural Resource Restoration Agreement with the State of Ohio

WILMINGTON, Del., Nov. 29, 2023 /PRNewswire/ -- DuPont de Nemours, Inc. ("DuPont") (NYSE: DD) today announced that DuPont, The Chemours Company (NYSE: CC) and Corteva, Inc. (NYSE: CTVA) (the "Companie...

Other symbols: CCDD
5 months ago - PRNewsWire

Cramer's Stop Trading: Corteva

CNBC's Jim Cramer explains why he is keeping an eye on shares of Corteva Inc.

5 months ago - CNBC Television

Corteva Reports Third Quarter and Year-to-Date 2023 Results, Affirms Full-Year Net Sales and Earnings Guidance

3Q YTD Net Sales reflects overall positive global Ag fundamentals 3Q YTD performance reflects pricing gains, product mix, and productivity FY guidance3 reflects recalibrated 4Q Brazil outlook for both...

5 months ago - PRNewsWire

Corteva Updates Expectations for Third Quarter and Full Year 2023

INDIANAPOLIS , Oct. 27, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today provided preliminary net sales and earnings results for the quarter ended September 2023 and an update for its expectation...

6 months ago - PRNewsWire

ALVEO TECHNOLOGIES AND CORTEVA AGRISCIENCE COLLABORATE TO ADVANCE MOLECULAR CROP DISEASE DIAGNOSTICS AND IMPROVE CROP YIELDS

Companies aim to develop point-of-need diagnostics to help protect farmers' fields ALAMEDA, Calif. , Oct. 24, 2023 /PRNewswire/ -- Alveo Technologies, Inc. today announced a collaboration with Corteva...

6 months ago - PRNewsWire

Corteva Acts to Stop Theft of Intellectual Property, Protect American Farming

Illegal Actions to Steal Proprietary Technology Trigger Lawsuit Against Inari INDIANAPOLIS , Sept. 27, 2023 /PRNewswire/ -- To protect its intellectual property, Corteva (NYSE: CTVA) today filed suit ...

7 months ago - PRNewsWire

Corteva Announces Dates for Third Quarter 2023 Earnings Release and Webcast

INDIANAPOLIS , Sept. 20, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced it will release its third quarter 2023 earnings on Wednesday, November 8, after the stock market close via PR N...

7 months ago - PRNewsWire

Corteva Agriscience Launches Breakthrough Innovation to Control Crop-damaging Nematodes, Protect Natural Soil Health

Award-winning chemistry Reklemel™ active is latest addition to  company's portfolio of sustainable innovation INDIANAPOLIS , Sept. 13, 2023 /PRNewswire/ -- Plant-parasitic nematodes are microscopic or...

7 months ago - PRNewsWire

Corteva Agriscience to Participate in the Morgan Stanley 11th Annual Laguna Conference

INDIANAPOLIS, Sept. 5, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, and Executive Vice President and Chief Financial Officer, Dave Anderson, wil...

8 months ago - PRNewsWire

Corteva Reports Second Quarter and First Half 2023 Results, Updates Full-Year Net Sales and Earnings Guidance

Strong Seed segment performance more than offset Crop Protection headwinds in 1H Full Year fo recast 3  re flects continued growth in Revenue, Operating EBITDA 1  and Margin 1 Executing well, on-track...

9 months ago - PRNewsWire