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Dana Incorporated - DAN STOCK NEWS

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Dana Incorporated (NYSE: DAN) is a global leader in the design and manufacture of highly efficient propulsion and energy-management solutions for vehicles and machines in all mobility markets worldwide. Based in Maumee, Ohio, Dana operates across four primary segments: Light Vehicles, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicles segment, catering to light trucks, SUVs, CUVs, vans, and passenger cars, generates the majority of the company's revenue.

Founded in 1904 by pioneers such as Clarence Spicer, Joseph Victor, Hugo Reinz, J.B. Long, and Charles Dana, the company has a rich legacy of innovation and risk-taking that continues to drive its mission today. Dana's diverse range of products includes drive and motion systems, electrodynamic technologies, software and controls, and thermal, sealing, and digital solutions. These offerings support nearly every vehicle manufacturer, making Dana a critical player in both conventional and clean-energy solutions.

In 2022, Dana reported sales of $10.2 billion and employed 42,000 people across 31 countries on six continents. The company continues to gain recognition for its ethical practices and responsibility, being named among the

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Dana Incorporated (NYSE: DAN) introduces Brevini EvoMax™ gearboxes for industrial bulk management applications, offering high torque performance, modularity, and global support.
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Dana Incorporated (DAN) to participate in BofA Securities Leveraged Finance Conference and Barclays Global Automotive and Mobility Tech Conference
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Dana Incorporated (NYSE: DAN) announced that its advanced drive technologies are used on two winners in the 'Tractor of the Year 2024' awards competition. The Fendt e 107 V Vario won in the 'Sustainable Tractor of the Year' category, featuring Dana's high-performance Spicer® suspended steer axle, while the McCormick X5.120 P3-Drive won the 'Best Utility' award, using Dana's high-precision shifting solutions. Dana's technologies are featured on seven of this year's 12 finalists, showcasing the company's support for vehicle designs that offer improved sustainability and superior productivity for agriculture equipment.
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Dana Incorporated (NYSE: DAN) has announced the launch of a comprehensive vehicle design methodology for delivering integrated suspension solutions for high-performance agriculture tractors. The initiative uses a multiphysics approach to produce virtual prototypes, reducing development times and accelerating the introduction of new vehicles to market. Additionally, Dana has unveiled a new solution for electric zero-turn mowers featuring high-efficiency Spicer Torque-Hub™ drives and Dana TM4™ motors, supporting zero-emissions operation through powerful torque, extended work times, reduced maintenance, and lower noise. Dana is exhibiting its full range of systems for agriculture and turf management equipment at Agritechnica.
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Dana Inc. (NYSE: DAN) appoints Steven Miller to its board, replacing Brett Icahn as an Icahn Capital board designee. This follows the January 2022 Director Appointment and Nomination Agreement between Icahn Capital and Dana. Miller, a portfolio manager at Icahn Capital L.P., brings extensive experience from various companies, including Bausch Health Companies, Inc. and Conduent Incorporated.
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Dana Incorporated will participate in the Gabelli Funds Annual Auto Symposium on Oct. 30, 2023. Chairman and CEO James Kamsickas will provide an overview of the company and answer questions. Webcast details will be posted on Dana's Investor website.
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Dana Incorporated reports strong Q3 2023 financial results with sales of $2.7 billion, an increase of 5% over last year. Net income attributable to Dana is $19 million, an increase of $107 million over last year. Adjusted EBITDA is $242 million, a 26% increase over last year. Dana expects sales and profit to be maintained at the midpoint of previous guidance range if UAW strikes are resolved by end of October. If no resolution is reached by year's end, sales could be approximately $500 million lower.
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Dana Incorporated (NYSE: DAN) declares quarterly dividend of $0.10 per share
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Dana Incorporated to release 2023 Q3 financial results on Oct. 27, 2023
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Dana Incorporated has earned the New Power Technology Award for its e-Driveline and e-Motion drivetrain solution at the 2023 Diesel Progress Summit. The electrified driveline for compact construction vehicles helps OEMs enhance sustainability, improve energy efficiency and performance, optimize vehicle productivity, reliability, and mobility, and reduce maintenance costs and noise emissions. This recognition highlights Dana's commitment to a sustainable future and innovative solutions.
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FAQ

What is the current stock price of Dana Incorporated (DAN)?

The current stock price of Dana Incorporated (DAN) is $11.57 as of December 23, 2024.

What is the market cap of Dana Incorporated (DAN)?

The market cap of Dana Incorporated (DAN) is approximately 1.6B.

Dana Incorporated

NYSE:DAN

DAN Rankings

DAN Stock Data

1.65B
143.62M
0.93%
103.09%
2.21%
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