<div id="readability-page-1"><p>Dole (NYSE:DOLE - Get Free Report) issued its earnings results on Monday. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.01), Zacks reports. Dole had a return on equity of 8.17% and a net margin of 0.28%.The firm had revenue of $2.28 billion during the quarter, compared to analysts' expectations of $2.25 billion. During the same period in the previous year, the firm earned $0.19 earnings per share. The firm's quarterly revenue was up 10.5% compared to the same quarter last year.</p><h2>Dole Stock Performance</h2><ul><li>Dole is a Tasty Low Hanging Treat for Value Hunters </li></ul><p>Dole stock traded down $0.20 during trading hours on Tuesday, hitting $13.60. 310,808 shares of the stock traded hands, compared to its average volume of 737,667. Dole has a one year low of $12.20 and a one year high of $16.86. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.26. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 54.34, a PEG ratio of 1.99 and a beta of 0.66. </p><h2>Dole Announces Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Tuesday, December 9th will be given a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, December 9th. Dole's dividend payout ratio (DPR) is currently 17.35%. </p><h2>Analysts Set New Price Targets</h2><ul><li>Dole plc Has Tough Time With Systemic Headwinds</li></ul><p>DOLE has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Dole from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a report on Tuesday, September 23rd. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Dole in a report on Wednesday, November 5th. Finally, Stephens assumed coverage on Dole in a report on Friday, September 12th. They set an &#34;equal weight&#34; rating and a $16.00 price target on the stock. Two investment analysts have rated the stock with a Hold rating,  Based on data from MarketBeat, Dole presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $16.00.</p><p><b>Get Our Latest Stock Report on Dole</b></p><p>Dole announced that its Board of Directors has approved a stock buyback program on Monday, November 10th that authorizes the company to repurchase $100.00 million in    shares. This repurchase authorization authorizes the company to repurchase up to 8.3% of its stock  through open market purchases. Stock  repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued. </p><h2>Institutional Investors Weigh In On Dole</h2><p>Several hedge funds have recently made changes to their positions in DOLE. AQR Capital Management LLC grew its stake in  Dole by 28.5% in the first quarter. AQR Capital Management LLC now owns 48,685 shares of the company's stock worth $703,000 after purchasing an additional 10,793 shares during the period.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of  Dole by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,593 shares of the company's stock valued at $644,000 after buying an additional 1,879 shares in the last quarter.  Millennium Management LLC purchased a new stake in shares of  Dole in the 1st quarter worth about $6,749,000.  Jane Street Group LLC increased its stake in shares of  Dole by 87.6% in the 1st quarter. Jane Street Group LLC now owns 213,786 shares of the company's stock worth $3,089,000 after acquiring an additional 99,842 shares in the last quarter.  Finally, Legal &amp; General Group Plc increased its stake in shares of  Dole by 96.4% in the 2nd quarter. Legal &amp; General Group Plc now owns 22,106 shares of the company's stock worth $309,000 after acquiring an additional 10,849 shares in the last quarter. </p><h2>About Dole</h2> (Get Free Report)<p>Dole Food Company, Inc (Dole) is a producer, marketer and distributor of fresh fruit and fresh vegetables. The Company is a producer of bananas and pineapples, and packaged fruit products, packaged salads and fresh-packed vegetables. The Company has three business segments: fresh fruit, fresh vegetables and packaged foods.</p><h2>Read More</h2><ul><li>Five stocks we like better than Dole</li><li>Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time</li><li>EVgo's 37% Revenue Growth: Forget the Car, Buy the Gas Station</li><li>Top Stocks Investing in 5G Technology</li><li>ServiceNow's AI Efficiency Push Has Analysts Targeting Big Gains</li><li>3 Small Caps With Big Return Potential</li><li>Microsoft and IREN’s $9.7B AI Deal Could Spark MSFT Stock Rally</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURPTEU?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURPTEU"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Dole Right Now?</h2><p>Before you consider Dole, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dole wasn't on the list.</p><p>While Dole currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

DOLE

<p>Dole (NYSE:DOLE) reported quarterly earnings of $0.16 per share, missing estimates by $0.01. Revenue was $2.28 billion, exceeding expectations of $2.25 billion, and up 10.5% year-over-year. The company announced a quarterly dividend of $0.085, with a yield of 2.5%. Dole's stock is currently rated as 'Hold' by analysts, with a target price of $16.00. Additionally, Dole's Board approved a $100 million stock buyback program, indicating confidence in the stock's value.</p>

Dole (NYSE:DOLE) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS