KeyCorp Estimates Corteva’s FY2029 Earnings (NYSE:CTVA)

Corteva, Inc. (NYSE:CTVA) – Equities research analysts at KeyCorp issued their FY2029 earnings estimates for Corteva in a report released on Wednesday, October 7th. KeyCorp analyst S. Tiano expects that the company will post earnings per share of $1.60 for the year. KeyCorp has a “Overweight” rating and a $17.00 price target on the stock. The consensus estimate for Corteva’s current full-year earnings is $2.77 per share.

A number of other brokerages have also commented on CTVA. Argus reiterated a “buy” rating and issued a $91.00 price objective on shares of Corteva in a report on Friday, September 18th. UBS Group lifted their price objective on Corteva from $85.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, September 16th. Bank of America increased their target price on Corteva from $90.00 to $96.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Oppenheimer set a $17.00 price target on shares of Corteva in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $101.00 price objective on shares of Corteva in a research note on Monday, August 3rd. Sixteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Corteva has a consensus rating of “Moderate Buy” and an average target price of $64.00.

Corteva Stock Performance

Shares of NYSE:CTVA opened at $14.56 on Thursday. The company has a market cap of $9.72 billion, a P/E ratio of 9.64, a PEG ratio of 0.73 and a beta of 0.57. The business’s 50-day simple moving average is $74.30 and its 200 day simple moving average is $79.19. Corteva has a one year low of $11.74 and a one year high of $90.97. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.52.

Corteva (NYSE:CTVA) last released its quarterly earnings data on Thursday, July 30th. The company reported $2.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.06. The company had revenue of $6.38 billion during the quarter, compared to the consensus estimate of $6.60 billion. Corteva had a net margin of 5.66% and a return on equity of 10.18%. Corteva’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.20 earnings per share. Corteva has set its FY 2026 guidance at 3.600-3.800 EPS.

Corteva Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $0.18 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $0.72 annualized dividend and a yield of 4.9%. Corteva’s dividend payout ratio is 47.68%.

Institutional Trading of Corteva

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in Corteva during the 2nd quarter valued at about $4,560,180,000. Wellington Management Group LLP increased its stake in shares of Corteva by 941.7% during the second quarter. Wellington Management Group LLP now owns 7,612,704 shares of the company’s stock valued at $644,720,000 after acquiring an additional 6,881,875 shares during the period. Jupiter Topco LLC bought a new stake in Corteva during the second quarter worth approximately $544,246,000. Bank of America Corp DE bought a new position in Corteva during the 2nd quarter valued at $484,927,000. Finally, Legal & General Group Plc bought a new stake in shares of Corteva in the 2nd quarter worth $482,836,000. 81.54% of the stock is currently owned by institutional investors and hedge funds.

More Corteva News

Here are the key news stories impacting Corteva this week:

• Positive Sentiment: KeyBanc upgraded Corteva to Overweight after the Vylor spinoff, citing potential for “meaningful” earnings growth after 2027 and a more focused crop-protection business. Corteva Could See Meaningful Earnings Growth After 2027, KeyBanc Says in Upgrade
• Positive Sentiment: JPMorgan raised Corteva to Overweight with a $19 price target, implying substantial upside from the referenced $14.56 price. The bank characterized the shares as undervalued following the Vylor separation, helping drive a recent rally. JPMorgan Upgrades Corteva to Overweight
• Positive Sentiment: Options activity was unusually bullish, with investors purchasing 5,408 call options—about 532% above typical daily call volume—signaling increased speculative interest in a further recovery.
• Neutral Sentiment: Jim Cramer said he favors Vylor, the spun-off seed company, while remaining cautious on Corteva’s crop-protection operations. The comments highlight both the potential value unlocked by the breakup and concerns about Corteva’s remaining business. Jim Cramer Sees One Stock to Own After Corteva’s Breakup
• Neutral Sentiment: Corteva will report third-quarter 2026 results after the market closes on November 11, with a webcast scheduled for November 12. The announcement provides a future catalyst but does not change current fundamentals. Corteva Announces Third-Quarter Earnings Date
• Negative Sentiment: Zacks Research downgraded Corteva from “Hold” to “Strong Sell.” This is the newest company-specific development and may be weighing on the shares, particularly after the recent analyst-driven increase. Corteva Downgraded by Zacks Research to Strong Sell

Corteva Company Profile

Corteva, Inc is an agriculture-focused company that develops and supplies seed, crop protection and digital agriculture products. Its offerings are designed to help farmers improve crop productivity, manage pests and diseases, and support more efficient and sustainable farming practices.

The company’s seed portfolio includes corn, soybean, wheat, sunflower, canola, cotton and other crops, marketed through brands such as Pioneer, Brevant seeds and PhytoGen. Corteva also provides herbicides, insecticides, fungicides, biological products and seed treatments under a range of agricultural brands.

Corteva serves farmers, agricultural retailers and other customers in markets around the world.