Key Insights for Investors:
- Dover Corporation maintains its steady dividend payout, offering a forward yield of 1.19%.
- Analyst price targets suggest a potential upside of 14.07% for the stock.
- The stock is rated "Outperform" with a consensus recommendation of 2.2.
Dover Corporation (DOV, Financial) has declared a quarterly dividend of $0.515 per share, mirroring its previous payout. This maintains a forward dividend yield of 1.19%. Shareholders recorded by May 30 will be eligible for this dividend, payable on June 16, with the ex-dividend date set for May 30.
Wall Street Analysts Forecast
Seventeen analysts have provided their one-year price targets for Dover Corp (DOV, Financial), setting an average target price at $198.33. The high estimate stands at $230.00, with a low estimate of $169.21. This average target indicates a potential upside of 14.07% from the current stock price of $173.87. For more detailed estimate data, visit the Dover Corp (DOV) Forecast page.
In terms of stock performance recommendations, 20 brokerage firms have reached a consensus that rates Dover Corp (DOV, Financial) at 2.2, suggesting an "Outperform" status. On the rating scale, 1 signifies a Strong Buy, while 5 denotes a Sell, situating Dover Corp favorably among analysts.
According to GuruFocus estimates, the GF Value of Dover Corp (DOV, Financial) in one year is projected to be $159.24. This estimate suggests a downside of 8.41% from its current market price of $173.87. The GF Value represents GuruFocus' calculated fair value for the stock, which considers historical trading multiples, past business growth, and future business performance projections. To explore more data, visit the Dover Corp (DOV) Summary page.
