Corteva, Inc. (NYSE:CTVA) Receives Consensus Rating of “Moderate Buy” from Analysts

Corteva, Inc. (NYSE:CTVA) has earned an average rating of “Moderate Buy” from the twenty-three brokerages that are currently covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $83.1905.

Several equities analysts recently commented on CTVA shares. Oppenheimer set a $86.00 target price on Corteva in a report on Thursday, February 5th. JPMorgan Chase & Co. downgraded Corteva from an “overweight” rating to a “neutral” rating and lifted their price target for the stock from $75.00 to $77.00 in a report on Thursday, February 5th. Berenberg Bank upped their price objective on Corteva from $68.00 to $78.00 and gave the stock a “hold” rating in a research report on Thursday, March 26th. Zacks Research lowered Corteva from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Finally, Mizuho boosted their target price on Corteva from $80.00 to $82.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th.

Insider Activity

In other news, insider Brian Titus sold 8,311 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $76.55, for a total value of $636,207.05. Following the completion of the transaction, the insider owned 8,090 shares in the company, valued at approximately $619,289.50. This represents a 50.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.14% of the company’s stock.

Institutional Investors Weigh In On Corteva

Several hedge funds and other institutional investors have recently bought and sold shares of CTVA. Activest Wealth Management grew its holdings in shares of Corteva by 118.3% during the third quarter. Activest Wealth Management now owns 369 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in shares of Corteva in the 3rd quarter valued at about $25,000. True Wealth Design LLC boosted its position in shares of Corteva by 209.5% in the 3rd quarter. True Wealth Design LLC now owns 390 shares of the company’s stock valued at $26,000 after purchasing an additional 264 shares during the period. Total Investment Management Inc. acquired a new stake in shares of Corteva in the 2nd quarter valued at about $27,000. Finally, Garton & Associates Financial Advisors LLC purchased a new position in Corteva during the 4th quarter worth approximately $27,000. 81.54% of the stock is currently owned by institutional investors and hedge funds.

Corteva Stock Up 0.3%

Shares of Corteva stock opened at $83.99 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.43 and a debt-to-equity ratio of 0.07. Corteva has a 52-week low of $53.40 and a 52-week high of $84.14. The company has a market capitalization of $56.39 billion, a P/E ratio of 53.16, a P/E/G ratio of 2.86 and a beta of 0.72. The company has a 50 day moving average of $77.07 and a 200 day moving average of $69.88.

Corteva (NYSE:CTVA) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. Corteva had a net margin of 6.29% and a return on equity of 9.06%. The company had revenue of $3.91 billion for the quarter, compared to the consensus estimate of $4.23 billion. During the same period in the prior year, the firm posted $0.32 EPS. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. As a group, research analysts forecast that Corteva will post 2.96 EPS for the current fiscal year.

Corteva Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Monday, March 2nd. Corteva’s payout ratio is currently 45.57%.

Corteva Company Profile

Corteva, Inc (NYSE: CTVA) is an independent global agriculture company that was established as a publicly traded firm in mid‑2019 following the separation of the agriculture businesses from DowDuPont. The company focuses on delivering technologies and products that help farmers increase productivity and manage crop health. Corteva’s operations combine seed genetics, crop protection chemistries, digital tools and biological solutions to address the full cycle of crop production.

Core business activities include research and development of seed genetics and trait technologies, formulation and sale of crop protection products (such as herbicides, insecticides and fungicides), and the development of seed treatments and biologicals.