In the latest trading session,, 0.84 million Corteva Inc (NYSE:CTVA) shares changed hands as the company’s beta touched 0.74. With the company’s most recent per share price at $68.78 changed hands at -$0.03 or -0.04% at last look, the market valuation stands at $46.92B. CTVA’s current price is a discount, trading about -0.73% off its 52-week high of $69.28. The share price had its 52-week low at $50.01, which suggests the last value was 27.29% up since then. When we look at Corteva Inc’s average trading volume, we note the 10-day average is 3.88 million shares, with the 3-month average coming to 3.58 million.
Analysts gave the Corteva Inc (CTVA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.69. If we narrow down to specifics, the data shows that 1 out of 23 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 5 recommended CTVA as a Hold, 16 felt it is a Buy and 0 rated the stock as Underweight.
Corteva Inc (NYSE:CTVA) trade information
Instantly CTVA was in red as seen in intraday trades today. With action 1.30%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 20.75%, with the 5-day performance at 1.30% in the green. However, in the 30-day time frame, Corteva Inc (NYSE:CTVA) is 16.34% up. Looking at the short shares, we see there were 9.34 million shares sold at short interest cover period of 2.42 days.
The consensus price target for the stock as assigned by Wall Street analysts is 71, meaning bulls need an upside of 3.13% from its recent market value. According to analyst projections, CTVA’s forecast low is 71 with 71 as the target high. To hit the forecast high, the stock’s price needs a -3.23% plunge from its current level, while the stock would need to soar -3.23% for it to hit the projected low.
The 2025 estimates are for Corteva Inc earnings to increase by 16.06%, but the outlook for the next 5-year period is at 16.03% per year.
CTVA Dividends
Corteva Inc is expected to release its next quarterly earnings report on 2025-May-06. The 0.97% annual yield figure for the share gives it an annual dividend of 0.67. It is important to note, however, that the 0.97% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.18 per year.
Corteva Inc (NYSE:CTVA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.09% of Corteva Inc shares while 87.18% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 87.26%. There are 87.18% institutions holding the Corteva Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.2651% of the shares, roughly 78.39 million CTVA shares worth $4.23 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.7107% or 53.66 million shares worth $2.89 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 21.65 shares estimated at $1.49 billion under it, the former controlled 3.17% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.73% of the shares, roughly 18.6 shares worth around $1.28 billion.
