KeyCorp Predicts Corteva’s Q1 Earnings (NYSE:CTVA)

Corteva, Inc. (NYSE:CTVAFree Report) – Investment analysts at KeyCorp issued their Q1 2025 earnings per share estimates for Corteva in a research report issued to clients and investors on Sunday, April 13th. KeyCorp analyst A. Yefremov forecasts that the company will earn $0.87 per share for the quarter. KeyCorp has a “Overweight” rating and a $71.00 price objective on the stock. The consensus estimate for Corteva’s current full-year earnings is $2.96 per share. KeyCorp also issued estimates for Corteva’s Q2 2025 earnings at $2.07 EPS, Q3 2025 earnings at ($0.27) EPS, Q4 2025 earnings at $0.37 EPS and FY2025 earnings at $3.03 EPS.

Corteva (NYSE:CTVAGet Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). Corteva had a net margin of 5.36% and a return on equity of 7.19%.

CTVA has been the topic of a number of other reports. Royal Bank of Canada increased their price objective on shares of Corteva from $72.00 to $73.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. The Goldman Sachs Group initiated coverage on Corteva in a report on Thursday, March 13th. They issued a “buy” rating and a $71.00 price target on the stock. Oppenheimer boosted their price objective on Corteva from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, February 7th. BNP Paribas upgraded Corteva to a “hold” rating in a research note on Monday, February 10th. Finally, UBS Group lowered their target price on shares of Corteva from $74.00 to $73.00 and set a “buy” rating for the company in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.13.

View Our Latest Stock Analysis on CTVA

Corteva Trading Up 0.8 %

Shares of CTVA opened at $59.69 on Wednesday. Corteva has a twelve month low of $50.01 and a twelve month high of $66.24. The company has a current ratio of 1.45, a quick ratio of 0.93 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $61.04 and its 200-day simple moving average is $60.27. The company has a market cap of $40.77 billion, a P/E ratio of 46.27, a P/E/G ratio of 1.68 and a beta of 0.73.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Capital World Investors raised its holdings in Corteva by 2,874.6% in the fourth quarter. Capital World Investors now owns 12,812,151 shares of the company’s stock worth $729,780,000 after purchasing an additional 12,381,436 shares in the last quarter. Independent Franchise Partners LLP raised its stake in shares of Corteva by 51.5% during the 4th quarter. Independent Franchise Partners LLP now owns 16,496,508 shares of the company’s stock worth $939,641,000 after acquiring an additional 5,604,838 shares in the last quarter. Norges Bank purchased a new stake in Corteva during the fourth quarter valued at approximately $251,892,000. Raymond James Financial Inc. purchased a new stake in Corteva during the fourth quarter valued at approximately $161,052,000. Finally, Franklin Resources Inc. boosted its stake in Corteva by 9.2% in the fourth quarter. Franklin Resources Inc. now owns 16,143,025 shares of the company’s stock valued at $919,507,000 after acquiring an additional 1,354,418 shares in the last quarter. 81.54% of the stock is owned by institutional investors.

Insider Activity at Corteva

In other Corteva news, insider Brian Titus sold 26,560 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $63.74, for a total transaction of $1,692,934.40. Following the sale, the insider now owns 11,347 shares of the company’s stock, valued at approximately $723,257.78. This trade represents a 70.07 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.14% of the stock is currently owned by corporate insiders.

Corteva Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.17 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.14%. Corteva’s dividend payout ratio is presently 52.71%.

Corteva Company Profile

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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.

Further Reading

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