Should I buy or sell Dana stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dana in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DAN, but not buy additional shares or sell existing shares. View DAN analyst ratings or view top-rated stocks .

What is Dana's stock price target for 2024?

6 brokerages have issued 12 month price targets for Dana's stock. Their DAN share price targets range from $13.00 to $19.00. On average, they anticipate the company's stock price to reach $16.43 in the next year. This suggests a possible upside of 37.9% from the stock's current price. View analysts price targets for DAN or view top-rated stocks among Wall Street analysts .

How have DAN shares performed in 2024?

Dana's stock was trading at $14.61 at the start of the year. Since then, DAN stock has decreased by 18.4% and is now trading at $11.9150. View the best growth stocks for 2024 here .

When is Dana's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our DAN earnings forecast .

How were Dana's earnings last quarter?

Dana Incorporated (NYSE:DAN) announced its quarterly earnings results on Tuesday, February, 20th. The auto parts company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.06. The auto parts company had revenue of $2.49 billion for the quarter, compared to analysts' expectations of $2.58 billion. Dana had a trailing twelve-month return on equity of 7.37% and a net margin of 0.36%. Dana's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.10) earnings per share.

How often does Dana pay dividends? What is the dividend yield for Dana?

Dana announced a quarterly dividend on Wednesday, February 14th. Investors of record on Friday, March 1st will be given a dividend of $0.10 per share on Friday, March 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date is Thursday, February 29th. Read our dividend analysis for DAN .

Is Dana a good dividend stock?

Dana (NYSE:DAN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.33%. The dividend payout ratio is 153.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DAN will have a dividend payout ratio of 21.05% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DAN .

What ETFs hold Dana's stock?

ETFs with the largest weight of Dana (NYSE:DAN) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV) , SmartETFs Smart Transportation & TechnologyETF (MOTO) , SPDR S&P Kensho Smart Mobility ETF (HAIL) , Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) , Invesco S&P SmallCap 600 Revenue ETF (RWJ) , Invesco S&P SmallCap 600 Pure Value ETF (RZV) , WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Gabelli Love Our Planet & People ETF (LOPP) .

What guidance has Dana issued on next quarter's earnings?

Dana updated its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of 0.350-0.850 for the period, compared to the consensus EPS estimate of 1.260. The company issued revenue guidance of $10.7 billion-$11.2 billion, compared to the consensus revenue estimate of $11.0 billion.

What is James Kamsickas' approval rating as Dana's CEO?

81 employees have rated Dana Chief Executive Officer James Kamsickas on Glassdoor.com . James Kamsickas has an approval rating of 75% among the company's employees.

What other stocks do shareholders of Dana own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dana investors own include Micron Technology (MU) , AT&T (T) , Ford Motor (F) , CVS Health (CVS) , Intel (INTC) , Advanced Micro Devices (AMD) , AbbVie (ABBV) , Netflix (NFLX) , QUALCOMM (QCOM) and Boeing (BA) .

How do I buy shares of Dana?

Shares of DAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:DAN

Dana (DAN) Stock Price, News & Analysis

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Free DAN Stock Alerts

$11.92

-0.10 (-0.83%)

(As of 04/15/2024 ET)

Compare

Today's Range: $11.83
▼
$12.13
50-Day Range: $11.55
▼
$13.87
52-Week Range: $11.10
▼
$19.75

Volume: 1.90 million shs
Average Volume: 1.24 million shs
Market Capitalization: $1.73 billion

P/E Ratio: 45.83
Dividend Yield: 3.36%
Price Target: $16.43

Get Dana alerts:

Dana MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 37.9% Upside
$16.43 Price Target
Short Interest: Healthy
4.07% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -5.37
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 93.88%
From $0.98 to $1.90 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.18 out of 5 stars

Auto/Tires/Trucks Sector

14th out of 82 stocks

Motor Vehicle Parts & Accessories Industry

8th out of 33 stocks

3.2

Analyst's Opinion

Consensus Rating
Dana has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Dana has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.07% of the float of Dana has been sold short.
Short Interest Ratio / Days to Cover
Dana has a short interest ratio ("days to cover") of 4.7.
Change versus previous month
Short interest in Dana has recently decreased by 1.85%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Dana pays a meaningful dividend of 3.33%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Dana does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Dana is 153.85%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Dana will have a dividend payout ratio of 21.05% next year. This indicates that Dana will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Dana has received a -128.23% net impact score from Upright. The largest negative impact of Dana in category "GHG emissions" seems to be driven mostly by its "Car axles", "Limited-slip differentials for cars", "All-wheel drives", and "Car propshafts" products. See details.
Environmental Sustainability
The Environmental Impact score for Dana is -5.37.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Dana this week, compared to 1 article on an average week.
Search Interest
5 people have searched for DAN on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Dana to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dana insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.92% of the stock of Dana is held by insiders.
Percentage Held by Institutions
96.79% of the stock of Dana is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Dana are expected to grow by 93.88% in the coming year, from $0.98 to $1.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dana is 45.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dana is 45.83, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 14.85.
Price to Earnings Growth Ratio
Dana has a PEG Ratio of 0.36. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Dana has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Dana Stock (NYSE:DAN)

Dana Incorporated, together with its subsidiaries, provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. The company operates through four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. It offers drive systems, including axles, driveshafts, transmission, and wheel and track drives; motion systems, such as winches, slew drives, and hub drives; and electrodynamic technologies comprised of motors, inverters, software and control systems, battery-management systems, and fuel cell plates. The company also provides sealing solutions, such as gaskets, seals, cam covers, and oil pan modules; thermal-management technologies, including transmission and engine oil cooling, battery and electronics cooling, charge air cooling, and thermal-acoustical protective shielding; and digital solutions that include active and passive system controls, as well as descriptive and predictive analytics. It serves vehicle manufacturers in the global light vehicle, medium/heavy vehicle, and off-highway markets, as well as the stationary industrial market. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.

DAN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DAN Stock News Headlines

April 12, 2024 | prnewswire.com

Dana Incorporated to Announce 2024 First-quarter Financial Results, Host Conference Call and Webcast on April 30

April 2, 2024 | finance.yahoo.com

Shareholders in Dana (NYSE:DAN) are in the red if they invested three years ago

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March 20, 2024 | prnewswire.com

Dana Incorporated to Participate in BofA Securities 2024 Automotive Summit

March 8, 2024 | markets.businessinsider.com

RBC Capital Maintains Sector Perform Rating for Dana: Here's What You Need To Know

March 4, 2024 | prnewswire.com

Dana Recognized as One of World's Most Ethical Companies for Second Consecutive Year

February 28, 2024 | markets.businessinsider.com

In-Depth Examination Of 4 Analyst Recommendations For Dana

February 23, 2024 | seekingalpha.com

Dana Incorporated: Buy The Post-Earnings Dip (Rating Upgrade)

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February 22, 2024 | seekingalpha.com

Dana Incorporated: A Long Transition Ahead

February 21, 2024 | prnewswire.com

Dana Announces Sale of European Hydraulics Business

February 20, 2024 | msn.com

Why Automotive Supplier Dana Shares Are Falling Tuesday

February 20, 2024 | seekingalpha.com

Dana Incorporated 2023 Q4 - Results - Earnings Call Presentation

February 20, 2024 | prnewswire.com

Dana Incorporated Reports 2023 Record Sales and Profit Growth of 21 Percent, Including Margin Improvement of 110 Basis Points; Company Increases New Business Sales Backlog to Record $950 Million

February 18, 2024 | finance.yahoo.com

Dana (NYSE:DAN) Has Affirmed Its Dividend Of $0.10

February 14, 2024 | prnewswire.com

Dana to Pay Dividend on Common Stock

December 15, 2023 | finance.yahoo.com

Are Investors Undervaluing Dana Incorporated (NYSE:DAN) By 31%?

November 27, 2023 | seekingalpha.com

Dana Incorporated: Another Chance To Buy The Stock

November 24, 2023 | finance.yahoo.com

Dana (NYSE:DAN) Could Be Struggling To Allocate Capital

November 4, 2023 | finance.yahoo.com

Don't Buy Dana Incorporated (NYSE:DAN) For Its Next Dividend Without Doing These Checks

October 28, 2023 | finance.yahoo.com

Dana Incorporated (NYSE:DAN) Q3 2023 Earnings Call Transcript

October 27, 2023 | markets.businessinsider.com

Dana Overcomes Challenges With Q3 EPS Beat But Foresees $500M Sales Drop If No UAW Strike Resolution By Year's End

October 27, 2023 | seekingalpha.com

Dana Incorporated 2023 Q3 - Results - Earnings Call Presentation

October 26, 2023 | msn.com

Dana Q3 2023 Earnings Preview

October 10, 2023 | seekingalpha.com

Dana: Too Much Uncertainty (Rating Downgrade)

October 6, 2023 | finance.yahoo.com

Dana (NYSE:DAN investor five-year losses grow to 11% as the stock sheds US$167m this past week

October 3, 2023 | markets.businessinsider.com

7 Analysts Have This to Say About Dana

See More Headlines

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Company Calendar

Last Earnings: 2/20/2024
Ex-Dividend for 3/22 Dividend: 2/29/2024
Dividend Payable: 3/22/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Motor vehicle parts & accessories
Sub-Industry: Auto Parts & Equipment
Current Symbol: NYSE:DAN
CUSIP: 23582520
CIK: 26780
Web: www.dana.com
Phone: (419) 887-3000
Fax: 419-887-5200
Employees: 41,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $16.43
High Stock Price Target: $19.00
Low Stock Price Target: $13.00
Potential Upside/Downside: +37.9%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.26
Trailing P/E Ratio: 45.83
Forward P/E Ratio: 12.16
P/E Growth: 0.36
Net Income: $38 million
Net Margins: 0.36%
Pretax Margin: 1.69%
Return on Equity: 7.37%
Return on Assets: 1.53%

Debt

Debt-to-Equity Ratio: 1.59
Current Ratio: 1.58
Quick Ratio: 0.93

Sales & Book Value

Annual Sales: $10.56 billion
Price / Sales: 0.16
Cash Flow: $3.74 per share
Price / Cash Flow: 3.19
Book Value: $11.34 per share
Price / Book: 1.05

Miscellaneous

Outstanding Shares: 144,950,000
Free Float: 143,616,000
Market Cap: $1.73 billion
Optionable: Optionable
Beta: 2.49

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Key Executives

Mr. James K. Kamsickas (Age 57)
Chairman, President & CEO
Comp: $5.37M
Mr. Timothy R. Kraus (Age 57)
Senior VP & CFO
Comp: $2.04M
Mr. Douglas H. Liedberg (Age 56)
Senior VP, General Counsel, Corporate Secretary and Chief Compliance & Sustainability Officer
Comp: $1.58M
Mr. Aziz S. Aghili (Age 65)
Executive VP and President of Commercial Vehicle Drive & Motion Systems
Comp: $1.73M
Mr. Byron S. Foster (Age 56)
Senior VP & President of Light Vehicle Drive Systems
Comp: $1.53M
Mr. Chris J. Clark
Senior Vice President of Global Operations
Mr. James D. Kellett
VP & Chief Accounting Officer
Mr. Christophe J. Dominiak
Senior VP & CTO
Ms. Andrea Siudara (Age 51)
Senior VP & Chief Information Officer
Mr. Craig Barber
Senior Director of Investor Relations & Strategic Planning

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DAN Stock Analysis - Frequently Asked Questions

Should I buy or sell Dana stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dana in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DAN, but not buy additional shares or sell existing shares.
View DAN analyst ratings or view top-rated stocks.
What is Dana's stock price target for 2024?: 6 brokerages have issued 12 month price targets for Dana's stock. Their DAN share price targets range from $13.00 to $19.00. On average, they anticipate the company's stock price to reach $16.43 in the next year. This suggests a possible upside of 37.9% from the stock's current price.
View analysts price targets for DAN or view top-rated stocks among Wall Street analysts.
How have DAN shares performed in 2024?: Dana's stock was trading at $14.61 at the start of the year. Since then, DAN stock has decreased by 18.4% and is now trading at $11.9150.
View the best growth stocks for 2024 here.
When is Dana's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our DAN earnings forecast.
How were Dana's earnings last quarter?: Dana Incorporated (NYSE:DAN) announced its quarterly earnings results on Tuesday, February, 20th. The auto parts company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.06. The auto parts company had revenue of $2.49 billion for the quarter, compared to analysts' expectations of $2.58 billion. Dana had a trailing twelve-month return on equity of 7.37% and a net margin of 0.36%. Dana's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.10) earnings per share.
How often does Dana pay dividends? What is the dividend yield for Dana?: Dana announced a quarterly dividend on Wednesday, February 14th. Investors of record on Friday, March 1st will be given a dividend of $0.10 per share on Friday, March 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for DAN.

Is Dana a good dividend stock?: Dana (NYSE:DAN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.33%. The dividend payout ratio is 153.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DAN will have a dividend payout ratio of 21.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DAN.
What ETFs hold Dana's stock?: ETFs with the largest weight of Dana (NYSE:DAN) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), SmartETFs Smart Transportation & TechnologyETF (MOTO), SPDR S&P Kensho Smart Mobility ETF (HAIL), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Invesco S&P SmallCap 600 Pure Value ETF (RZV), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Gabelli Love Our Planet & People ETF (LOPP).
What guidance has Dana issued on next quarter's earnings?: Dana updated its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of 0.350-0.850 for the period, compared to the consensus EPS estimate of 1.260. The company issued revenue guidance of $10.7 billion-$11.2 billion, compared to the consensus revenue estimate of $11.0 billion.
What is James Kamsickas' approval rating as Dana's CEO?: 81 employees have rated Dana Chief Executive Officer James Kamsickas on Glassdoor.com. James Kamsickas has an approval rating of 75% among the company's employees.
What other stocks do shareholders of Dana own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Dana investors own include Micron Technology (MU), AT&T (T), Ford Motor (F), CVS Health (CVS), Intel (INTC), Advanced Micro Devices (AMD), AbbVie (ABBV), Netflix (NFLX), QUALCOMM (QCOM) and Boeing (BA).
How do I buy shares of Dana?: Shares of DAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DAN) was last updated on 4/16/2024 by MarketBeat.com Staff

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Dana (DAN) Stock Price, News & Analysis

Dana MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Dana Stock (NYSE:DAN)

DAN Stock Price History

DAN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

DAN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™