Dole (NYSE:DOLE) - Stock Price, News & Analysis

DOLE Stock Overview

Engages in sourcing, processing, marketing, and distribution of fresh fruit and vegetables worldwide. More details

DOLE fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 45.7% below our estimate of its fair value

Earnings grew by 3.1% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 0.4% per year for the next 3 years

Large one-off items impacting financial results

Has a high level of debt

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Shipping Overhaul And Produce Woes Threaten Earnings And Aggravate Market Volatility

Key Takeaways Expanding the shipping fleet and ongoing dry docking are elevating costs, potentially leading to lower earnings due to increased expenditures and operational challenges. Higher sourcing costs and decreased diversification threaten revenue stability and margins, indicating exposure to market volatility and uncertain future earnings.

View narrative

US$16.88

9.6% undervalued

0.57%

Revenue growth p.a.

9 days ago

Dole plc Competitors

WK Kellogg Co

NYSE:KLG

US$1.5b

Adecoagro

NYSE:AGRO

US$1.1b

John B. Sanfilippo & Son

NasdaqGS:JBSS

US$951.9m

Mission Produce

NasdaqGS:AVO

US$921.1m

Price History & Performance

Summary of all time highs, changes and price drops for Dole
Historical stock prices
Current Share Price	US$15.26
52 Week High	US$17.12
52 Week Low	US$10.71
Beta	0.86
11 Month Change	-3.96%
3 Month Change	-3.42%
1 Year Change	32.81%
33 Year Change	11.22%
5 Year Change	n/a
Change since IPO	5.24%

Dole: Strong Fundamentals, Despite The Divestiture Of Progressive Produce

Sep 18

Recent updates

Dole: Fruitful Journey In The Global Market, With Relative Valuation Implying Upside

Nov 25

Dole: Is The Market Overlooking The Potential Increase In Margins?

Sep 24

Dole Stock: Stable Prospects, Fair Valuation

Sep 05

Dole's Dual Focus On Scale And Efficiency Drives Free Cash Flow Growth

Jul 02

Dole sells fresh vegetables division for $293M in cash

Jan 31

Dole Q3 2022 Earnings Preview

Nov 16

Dole: Poised For A Major Rebound

Oct 07

Dole Plc Faces Numerous Headwinds As Consumers Substitute

Sep 24

Returns On Capital Signal Tricky Times Ahead For Dole (NYSE:DOLE)

Sep 22

Dole declares goes ex-dividend tomorrow

Sep 14

Dole Non-GAAP EPS of $0.44 beats by $0.08, revenue of $2.36B misses by $20M; lowers FY guidance

Aug 23

Dole Plc: Tremendous Potential From Recent Developments

Jul 19

Dole Has Lots Of Puts And Takes But Should Be Avoided

May 09

Dole: Vertically Integrated And Well-Positioned On Logistics Backdrop

Feb 14

Shareholder Returns

	DOLE	US Food	US Market
7D	3.0%	-0.04%	0.3%
1Y	32.8%	0.6%	31.1%

Return vs Industry: DOLE exceeded the US Food industry which returned -0% over the past year.

Return vs Market: DOLE exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is DOLE's price volatile compared to industry and market?
DOLE volatility
DOLE Average Weekly Movement	4.4%
Food Industry Average Movement	5.1%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: DOLE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DOLE's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2017	34,078	Rory Byrne	www.doleplc.com

Dole plc engages in sourcing, processing, marketing, and distribution of fresh fruit and vegetables worldwide. The company operates through three segments: Fresh Fruit; Diversified Fresh Produce - EMEA; and Diversified Fresh Produce - Americas and ROW. It offers bananas, pineapples, grapes, berries, avocados, organic produce, cherries, apples, potato, and onion.

Dole plc Fundamentals Summary

How do Dole's earnings and revenue compare to its market cap?
DOLE fundamental statistics
Market cap	US$1.43b
Earnings (TTM)	US$148.85m
Revenue (TTM)	US$8.38b

9.7x

P/E Ratio

0.2x

P/S Ratio

Is DOLE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DOLE income statement (TTM)
Revenue	US$8.38b
Cost of Revenue	US$7.67b
Gross Profit	US$711.48m
Other Expenses	US$562.63m
Earnings	US$148.85m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.57
Gross Margin	8.49%
Net Profit Margin	1.78%
Debt/Equity Ratio	59.2%

How did DOLE perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

20%

Payout Ratio

Does DOLE pay a reliable dividends?

See DOLE dividend history and benchmarks

When do you need to buy DOLE by to receive an upcoming dividend?
Dole dividend dates
Ex Dividend Date	Dec 11 2024
Dividend Pay Date	Jan 03 2025
Days until Ex dividend	18 days
Days until Dividend pay date	41 days

Does DOLE pay a reliable dividends?

See DOLE dividend history and benchmarks

DOLE Stock Overview

Rewards

Risk Analysis

Shipping Overhaul And Produce Woes Threaten Earnings And Aggravate Market Volatility

Dole plc Competitors

NYSE:KLG

US$1.5b

NYSE:AGRO

US$1.1b

NasdaqGS:JBSS

US$951.9m

NasdaqGS:AVO

US$921.1m

Price History & Performance

Recent News & Updates

Third quarter dividend of US$0.08 announced

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Dole plc to Report Q3, 2024 Results on Nov 13, 2024

Dole: Strong Fundamentals, Despite The Divestiture Of Progressive Produce

Upcoming dividend of US$0.08 per share

Recent updates

Third quarter dividend of US$0.08 announced

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Dole plc to Report Q3, 2024 Results on Nov 13, 2024

Dole: Strong Fundamentals, Despite The Divestiture Of Progressive Produce

Upcoming dividend of US$0.08 per share

Price target increased by 7.1% to US$17.50

Price target increased by 10% to US$17.14

Consensus EPS estimates increase by 12%

Second quarter dividend of US$0.08 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Dole plc to Report Q2, 2024 Results on Aug 14, 2024

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.08 per share

Consensus EPS estimates increase by 19%, revenue downgraded

Dole plc Reports Impairment Charges for the First Quarter Ended March 31, 2024

Dole plc to Report Q1, 2024 Results on May 15, 2024

Dole plc, Annual General Meeting, May 29, 2024

Dole Plc Stock: Bullish As Declining Debt Unlock Values

Pacific Trellis Fruit, LLC completed the acquisition of 65% stake in Progressive Produce Corporation from Dole plc (NYSE : DOLE).

Pacific Trellis Fruit, LLC completed the acquisition of 65% stake in Progressive Produce Corporation from Dole plc (NYSE : DOLE).

Upcoming dividend of US$0.08 per share

Full year 2023 earnings: EPS exceeds analyst expectations

Dole plc Declares Cash Dividend for the Fourth Quarter of 2023, Payable April 4,2024

Pacific Trellis Fruit, LLC agreed to acquire 65% stake in Progressive Produce Corporation from Dole plc (NYSE : DOLE) for approximately $120 million.

Dole plc to Report Second Half, 2023 Results on Feb 29, 2024

Dole: Undervalued As EPS Growth Expected

Now 21% undervalued

Upcoming dividend of US$0.08 per share at 2.7% yield

Dole: Fruitful Journey In The Global Market, With Relative Valuation Implying Upside

Consensus EPS estimates increase by 31%, revenue downgraded

New minor risk - Earnings quality

Dole plc Declares Cash Dividend for the Third Quarter of 2023, Payable on January 4, 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Dole plc to Report Q3, 2023 Results on Nov 16, 2023

Dole: Is The Market Overlooking The Potential Increase In Margins?

Dole plc (NYSE:DOLE) acquired vernon catering.

Upcoming dividend of US$0.08 per share at 2.7% yield

Dole Stock: Stable Prospects, Fair Valuation

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Dole plc Declares Dividend for the Second Quarter of 2023

Consensus EPS estimates increase by 40%

Dole plc to Report Q2, 2023 Results on Aug 17, 2023

Dole's Dual Focus On Scale And Efficiency Drives Free Cash Flow Growth

Upcoming dividend of US$0.08 per share at 2.3% yield

Consensus EPS estimates increase by 10%, revenue downgraded

Dole plc Declares Dividend for the First Quarter of 2023, Payable on July 6, 2023

Price target increased by 7.6% to US$14.37

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Dole plc, Annual General Meeting, Jun 26, 2023

Upcoming dividend of US$0.08 per share at 2.8% yield

Consensus EPS estimates fall by 43%

Full year 2022 earnings: EPS exceeds analyst expectations

Price target increased by 7.5% to US$14.35

Dole sells fresh vegetables division for $293M in cash

Upcoming dividend of US$0.08 per share

Investor sentiment improved over the past week

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Dole plc Declares Cash Dividend for the Third Quarter of 2022 Payable on January 6, 2023

Dole Q3 2022 Earnings Preview