Equities research analysts expect that Dow Chemical Company (The) (NYSE:DOW) will announce earnings of $0.92 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Dow Chemical Company (The)’s earnings. The highest EPS estimate is $1.03 and the lowest is $0.84. Dow Chemical Company (The) reported earnings per share of $0.91 in the same quarter last year, which suggests a positive year-over-year growth rate of 1.1%. The firm is scheduled to issue its next quarterly earnings report on Thursday, October 26th.

On average, analysts expect that Dow Chemical Company (The) will report full year earnings of $4.05 per share for the current year, with EPS estimates ranging from $3.90 to $4.21. For the next year, analysts expect that the business will report earnings of $4.39 per share, with EPS estimates ranging from $4.00 to $4.60. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Dow Chemical Company (The).

Dow Chemical Company (The) (NYSE:DOW) last posted its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. Dow Chemical Company (The) had a net margin of 5.83% and a return on equity of 17.08%. The company had revenue of $13.83 billion during the quarter, compared to analyst estimates of $13.60 billion. During the same period last year, the firm posted $0.95 EPS. Dow Chemical Company (The)’s revenue for the quarter was up 15.7% compared to the same quarter last year.

DOW has been the subject of several research analyst reports. Zacks Investment Research downgraded Dow Chemical Company (The) from a “buy” rating to a “hold” rating in a report on Thursday, April 20th. Alembic Global Advisors set a $85.00 price objective on Dow Chemical Company (The) and gave the company a “buy” rating in a report on Thursday, July 27th. Citigroup Inc. increased their price objective on Dow Chemical Company (The) from $73.00 to $74.00 and gave the company a “buy” rating in a report on Monday, May 1st. Barclays PLC increased their price objective on Dow Chemical Company (The) from $65.00 to $67.00 and gave the company an “equal weight” rating in a report on Monday, May 1st. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $76.00 price objective on shares of Dow Chemical Company (The) in a report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $71.42.

Dow Chemical Company (NYSE:DOW) opened at 63.41 on Friday. The stock has a market capitalization of $77.58 billion, a price-to-earnings ratio of 27.16 and a beta of 1.13. Dow Chemical Company has a 52-week low of $51.57 and a 52-week high of $67.50. The firm’s 50-day moving average is $64.76 and its 200-day moving average is $62.84.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Monday, July 31st will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.90%. The ex-dividend date is Thursday, July 27th. Dow Chemical Company (The)’s dividend payout ratio (DPR) is presently 76.99%.

TRADEMARK VIOLATION WARNING: This piece was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this piece on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece can be accessed at https://www.dailypolitical.com/2017/08/09/dow-chemical-company-the-nysedow-expected-to-post-earnings-of-0-92-per-share.html.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pinnacle Bank acquired a new position in Dow Chemical Company (The) during the first quarter valued at about $103,000. First Command Bank boosted its position in shares of Dow Chemical Company (The) by 36.9% in the second quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock worth $102,000 after buying an additional 436 shares in the last quarter. West Oak Capital LLC boosted its position in shares of Dow Chemical Company (The) by 29.2% in the first quarter. West Oak Capital LLC now owns 1,679 shares of the basic materials company’s stock worth $107,000 after buying an additional 379 shares in the last quarter. First Financial Corp IN boosted its position in shares of Dow Chemical Company (The) by 79.8% in the first quarter. First Financial Corp IN now owns 1,690 shares of the basic materials company’s stock worth $107,000 after buying an additional 750 shares in the last quarter. Finally, Cable Hill Partners LLC boosted its position in shares of Dow Chemical Company (The) by 7.6% in the first quarter. Cable Hill Partners LLC now owns 1,764 shares of the basic materials company’s stock worth $112,000 after buying an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 68.79% of the company’s stock.

Dow Chemical Company (The) Company Profile

Get a free copy of the Zacks research report on Dow Chemical Company (The) (DOW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Dow Chemical Company (The) (NYSE:DOW)

Receive News & Ratings for Dow Chemical Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dow Chemical Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.