Corteva (NYSE:CTVA) Posts Earnings Results, Misses Expectations By $0.81 EPS

Corteva (NYSE:CTVA) released its quarterly earnings data on Wednesday. The company reported ($0.79) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.81), Zacks reports. Corteva had a net margin of 5.66% and a return on equity of 10.18%. Corteva updated its FY 2026 guidance to 0.760-0.800 EPS.

Corteva Stock Up 0.2%

CTVA stock traded up $0.03 during midday trading on Wednesday, hitting $12.20. The stock had a trading volume of 13,196,040 shares, compared to its average volume of 8,034,034. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 8.08, a price-to-earnings-growth ratio of 1.69 and a beta of 0.58. The business has a 50-day moving average of $41.93 and a two-hundred day moving average of $70.50. Corteva has a 52-week low of $11.24 and a 52-week high of $90.97. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.52 and a quick ratio of 1.10.

Corteva Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be given a dividend of $0.05 per share. This is a drop from Corteva’s previous quarterly dividend of $0.18. This represents a $0.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, December 1st. Corteva’s dividend payout ratio is presently 13.25%.

Wall Street Analysts Forecast Growth

CTVA has been the topic of several analyst reports. Citigroup lifted their target price on shares of Corteva from $86.00 to $91.00 and gave the stock a “neutral” rating in a research note on Thursday, September 17th. Royal Bank Of Canada restated an “outperform” rating and issued a $17.00 price objective on shares of Corteva in a research report on Wednesday, October 7th. Oppenheimer set a $17.00 price objective on shares of Corteva in a research note on Monday, October 5th. Deutsche Bank reiterated a “buy” rating and set a $101.00 target price on shares of Corteva in a report on Monday, August 3rd. Finally, Weiss Ratings cut Corteva from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Sixteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.59.

About Corteva

Corteva, Inc. is an agricultural science company that develops and supplies products and services for farmers. Its business focuses on seeds and crop protection, including technologies intended to help improve crop performance and manage weeds, insects, and plant diseases. Its seed portfolio includes corn, soybean, and other crop varieties, sold under brands such as Pioneer and Brevant. Corteva’s crop protection offerings include herbicides, insecticides, fungicides, and biological products, alongside digital tools and services that support farm decision-making.