|Bid||22.65 x 800|
|Ask||22.59 x 900|
|Day's Range||22.12 - 23.05|
|52 Week Range||20.38 - 32.78|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan. 29, 2020|
|Forward Dividend & Yield||0.52 (2.31%)|
|Ex-Dividend Date||Mar. 01, 2020|
|1y Target Est||30.32|
CHICAGO/WINNIPEG, Manitoba (Reuters) - Bayer AG's takeover of Monsanto has been beset by problems, and now a decades-long dominance of the $4 billion U.S. soybean seed market is under threat from rival Corteva Inc. Bayer told Reuters it expects plantings of its genetically modified Xtend soybean seeds to flatline this year for the first time, after three years of strong growth since their launch with an accompanying weed-killer. Meanwhile Corteva , formed last year from the agricultural units of Dow Chemical and DuPont, expects its Enlist E3 seed to make up 20% of the U.S. crop in 2020, the first year it has been widely available.
Potential Corteva, Inc. (NYSE:CTVA) shareholders may wish to note that the Executive VP & Chief Commercial Officer...
WILMINGTON, Del. , Jan. 30, 2020 /CNW/ -- Corteva, Inc. (CTVA) today announced that the Company is accelerating the ramp-up of Enlist E3™ soybeans to U.S. and Canadian farmers over the next five years – reinforcing the Company's commitment to its Enlist technology and continued focus on bringing greater choice and value to growers. Corteva continues to see strong demand for the technology from farmers, retailers and independent seed companies; and expects planted acreage projections in 2020 to approach 20 percent of the U.S. market – double original expectations. "The decision to accelerate production of Enlist E3 soybeans, along with the Enlist One® and Enlist Duo® herbicides, ahead of the 2021 selling season reflects our continued focus on rapidly ramping up differentiated technology solutions that we expect will enable greater choice and value for growers over time," said James C. Collins, Jr. , Corteva Chief Executive Officer.
Corteva's (CTVA) Q4 performance is likely to have benefited from cost-saving initiatives. However, softness in the North American market poses threat.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Corteva's (CTVA) Q3 performance is likely to have been impacted by softness in North American market. However, the company is on track with cost saving initiatives.
Every investor in Corteva, Inc. (NYSE:CTVA) should be aware of the most powerful shareholder groups. Insiders often...
Since seed and crop chemical company Corteva CTVA was spun out of DowDuPont in June, we think the market has focused on near-term uncertainties like the effects of flooded U.S. fields and the dry start to the Brazilian planting season. If plantings pick up in October, the effect could be that sales simply shift from Corteva's third quarter to the fourth, similar to the delayed U.S. plantings in 2018. Regardless, we remain optimistic on Corteva's long-term outlook and view the shares as undervalued.
Today we'll look at Corteva, Inc. (NYSE:CTVA) and reflect on its potential as an investment. Specifically, we're going...
The chemical industry heavyweight is gone, and DuPont and Dow are officially back -- but very different. Here's how to keep track of the new companies.
Digital efforts and product innovation are likely to benefit Corteva's (CVTA) second-quarter 2019 results. Further, it will gain from momentum in the seeds market.
WILMINGTON, Del., June 26, 2019 /CNW/ -- Corteva, Inc. (NYSE: CTVA) announced today that Marcos Lutz, chief executive officer of Cosan Limited, has been elected to Corteva's Board of Directors, effective June 25, 2019. Greg Page, Non-Executive Chairman of Corteva and retired chairman and CEO of Cargill, Inc., said, "As we've built the Corteva Board, we've brought together a powerful team of experienced leaders with diverse expertise in strategic areas of focus. "The completion of our Board of Directors is a critical next step for Corteva.
WILMINGTON, Del., June 26, 2019 /CNW/ -- Corteva, Inc. (NYSE: CTVA) today announced the authorization of a $1 billion share repurchase program and first common stock dividend after its spinoff from DowDuPont – collectively reinforcing the Company's ongoing commitment to return value to shareholders. The Company's Board of Directors authorized a $1 billion share repurchase program. The program is expected to be completed in three years.
WILMINGTON, Del., June 25, 2019 /CNW/ -- Corteva, Inc. (NYSE: CTVA) (www.corteva.com), a global leader in seed and crop protection, has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation ("TRC") to purchase up to 5,000,000 shares, or approximately 0.67 percent, of the outstanding common stock of Corteva at a price of $26.00 per share in cash. TRC's offer price is approximately 4.45 percent less than the $27.21 closing price of Corteva's common stock on June 21, 2019, the day before the mini-tender offer commenced, and is approximately 7.18 percent less than the $28.01 closing price of Corteva's common stock on June 24, 2019. Corteva does not endorse TRC's mini-tender offer and recommends that Corteva stockholders do not tender their shares in response to the offer because it is a mini-tender offer at a price below the market price for Corteva shares (as of the date Corteva received notice of the offer) and is subject to numerous conditions.
Dan Barber, co-founder of Row 7 Seed Company and chef and co-owner of the Blue Hill and Blue Hill at Stone Barns restaurants, highlights how consolidation in the agriculture space, in which four companies control the seed market, will pose a problem for the future of food.