Corteva (NYSE:CTVA) Releases FY 2026 Earnings Guidance
by Teresa Graham · The Cerbat GemCorteva (NYSE:CTVA – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 3.450-3.700 for the period, compared to the consensus estimate of 3.650. The company issued revenue guidance of -, compared to the consensus revenue estimate of $18.1 billion.
Analyst Ratings Changes
Several research firms have recently weighed in on CTVA. CICC Research raised their price objective on shares of Corteva from $70.00 to $80.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Wells Fargo & Company raised their price objective on shares of Corteva from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Jefferies Financial Group raised their price objective on shares of Corteva from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Bank of America raised their price objective on shares of Corteva from $80.00 to $82.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Corteva in a research report on Wednesday, April 22nd. Fourteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $86.38.
View Our Latest Analysis on CTVA
Corteva Trading Up 2.7%
Shares of CTVA traded up $2.22 during trading hours on Tuesday, reaching $83.91. 5,008,023 shares of the company traded hands, compared to its average volume of 3,983,275. The company’s fifty day moving average price is $80.39 and its two-hundred day moving average price is $72.18. The company has a market capitalization of $56.33 billion, a price-to-earnings ratio of 53.11, a price-to-earnings-growth ratio of 2.77 and a beta of 0.59. 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 12 month low of $60.53 and a 12 month high of $85.63.
Corteva (NYSE:CTVA – Get Free Report) last announced its earnings results on Tuesday, February 3rd. The company reported $0.22 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.22. The firm had revenue of $3.91 billion for the quarter, compared to analyst estimates of $4.23 billion. Corteva had a net margin of 6.29% and a return on equity of 9.06%. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.32 EPS. Equities research analysts predict that Corteva will post 3.62 earnings per share for the current fiscal year.
Corteva Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, June 1st. Corteva’s dividend payout ratio (DPR) is 45.57%.
Insider Transactions at Corteva
In other Corteva news, insider Brian Titus sold 8,311 shares of Corteva stock in a transaction dated 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 directly owned 8,090 shares of the company’s stock, valued at approximately $619,289.50. The trade was a 50.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.15% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. JPL Wealth Management LLC purchased a new position in Corteva in the third quarter worth about $25,000. Garton & Associates Financial Advisors LLC purchased a new position in Corteva in the fourth quarter worth about $27,000. Bank of Jackson Hole Trust purchased a new position in Corteva in the fourth quarter worth about $28,000. Measured Wealth Private Client Group LLC purchased a new position in Corteva in the third quarter worth about $33,000. Finally, Binnacle Investments Inc raised its holdings in Corteva by 54.7% in the second quarter. Binnacle Investments Inc now owns 512 shares of the company’s stock worth $38,000 after buying an additional 181 shares during the last quarter. 81.54% of the stock is owned by hedge funds and other institutional investors.
About Corteva
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.