Dow Chemical Co (NYSE:DOW) has received a consensus recommendation of “Buy” from the thirteen analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $71.65.

DOW has been the topic of several research reports. Cowen and Company upped their price target on Dow Chemical from $47.00 to $60.00 and gave the company a “market perform” rating in a research report on Wednesday, May 31st. BidaskClub raised Dow Chemical from a “strong sell” rating to a “sell” rating in a research report on Saturday, July 1st. Zacks Investment Research lowered Dow Chemical from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Royal Bank Of Canada reissued a “buy” rating and set a $76.00 price target on shares of Dow Chemical in a research report on Thursday, July 6th. Finally, Alembic Global Advisors set a $85.00 price target on Dow Chemical and gave the company a “buy” rating in a research report on Thursday, July 27th.

Shares of Dow Chemical (NYSE:DOW) remained flat at $66.65 during trading on Friday. 43,802,070 shares of the company’s stock traded hands. The stock has a market cap of $81.54 billion, a P/E ratio of 28.54 and a beta of 1.13. Dow Chemical has a one year low of $51.57 and a one year high of $67.50. The stock’s 50-day moving average price is $64.79 and its 200 day moving average price is $63.46.

Dow Chemical (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, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.07. The business had revenue of $13.83 billion for the quarter, compared to analyst estimates of $13.60 billion. Dow Chemical had a return on equity of 19.01% and a net margin of 9.82%. The business’s revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.95 EPS. On average, equities analysts anticipate that Dow Chemical will post $4.11 earnings per share for the current year.

The firm 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 $0.46 dividend. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.84 annualized dividend and a dividend yield of 2.76%. Dow Chemical’s payout ratio is 76.99%.

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Several large investors have recently added to or reduced their stakes in the company. Financial Architects Inc grew its stake in shares of Dow Chemical by 0.4% in the second quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock worth $144,000 after purchasing an additional 10 shares in the last quarter. Cypress Capital Management LLC grew its stake in shares of Dow Chemical by 0.3% in the first quarter. Cypress Capital Management LLC now owns 4,017 shares of the basic materials company’s stock worth $255,000 after purchasing an additional 12 shares in the last quarter. Mascoma Wealth Management LLC grew its stake in shares of Dow Chemical by 0.4% in the second quarter. Mascoma Wealth Management LLC now owns 3,513 shares of the basic materials company’s stock worth $222,000 after purchasing an additional 14 shares in the last quarter. Capital Management Corp VA grew its stake in shares of Dow Chemical by 0.3% in the second quarter. Capital Management Corp VA now owns 4,505 shares of the basic materials company’s stock worth $284,000 after purchasing an additional 14 shares in the last quarter. Finally, Guardian Life Insurance Co. of America grew its stake in shares of Dow Chemical by 0.3% in the first quarter. Guardian Life Insurance Co. of America now owns 4,312 shares of the basic materials company’s stock worth $274,000 after purchasing an additional 15 shares in the last quarter. 67.77% of the stock is owned by institutional investors.

Dow Chemical Company Profile

Analyst Recommendations for Dow Chemical (NYSE:DOW)

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