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How to buy Dole stock

Learn how to easily invest in Dole stock.

Fruit and vegetable giant Dole is expected to go public later today and commence trading on the New York Stock Exchange Friday under the ticker symbol "DOLE," according to a Form F-1 filed with the US Securities and Exchange Commission.

The company slashed its price range on the offering to $16 to $17 per share from $20 to $23 per share, a move that slices its targeted valuation by more than $400 million.

The IPO news comes months after Dole Food Company merged with Ireland's Total Produce to form the world's largest fruit and vegetable supply business.

How to buy shares in Dole

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – DOLE – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Dole stock price (NYSE: DOLE)

Use our graph to track the performance of DOLE stocks over time.

Dole shares at a glance

Information last updated 2022-01-20.
Latest market close$12.69
52-week range$12.07 - $17.55
50-day moving average $13.28
200-day moving average $14.42
Wall St. target price$18.80
PE ratio 211.5
Dividend yield $0.123 (0.61%)
Earnings per share (TTM) $0.06

Buy Dole shares from these brokerages

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Dole stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dole price performance over time

Historical closes compared with the close of $12.69 from 2022-01-19

1 week (2022-01-13) -5.79%
1 month (2021-12-20) -5.72%
3 months (2021-10-20) -17.17%
6 months (2021-07-16) N/A
1 year (2021-01-16) N/A
2 years (2020-01-16) N/A
3 years (2019-01-16) N/A
5 years (2017-01-16) N/A

Is Dole stock undervalued or overvalued?

Valuing Dole stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Dole's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Dole's P/E ratio

Dole's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 212x. In other words, Dole shares trade at around 212x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Dole's P/E ratio is best considered in relation to those of others within the farm products industry or those of similar companies.

Dole's EBITDA

Dole's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $122.4 million.

The EBITDA is a measure of a Dole's overall financial performance and is widely used to measure a its profitability.

To put Dole's EBITDA into context you can compare it against that of similar companies.

Dole financials

Revenue TTM $5.3 billion
Operating margin TTM 1.39%
Gross profit TTM $534.6 million
Return on assets TTM 0%
Return on equity TTM 4.93%
Profit margin 0.45%
Book value $11.77
Market capitalisation $1.2 billion

TTM: trailing 12 months

Dole share dividends

84%

Dividend payout ratio: 84.48% of net profits

Recently Dole has paid out, on average, around 84.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.61% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Dole shareholders could enjoy a 0.61% return on their shares, in the form of dividend payments. In Dole's case, that would currently equate to about $0.123 per share.

Dole's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Dole's most recent dividend payout was on 6 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 15 December 2021 (the "ex-dividend date").

Dole's dividend payout ratio is perhaps best considered in relation to those of similar companies.

Dole overview

Dole plc engages in procuring, marketing, and distributing fresh produce, health foods, and consumer goods worldwide. The company operates through Europe ? Eurozone, Europe ? Non-Eurozone, International, and Dole segments. It is involved in growing, sourcing, importing, packaging, marketing, and distributing various fresh fruits, vegetables, and flowers. The company offers citrus products, bananas, apples and pears, vegetables/potatoes, salads, tomatoes, stone and soft fruits, grapes, exotics, pineapples, and other products. It also markets and distributes health foods, vitamins, minerals and supplements, pharmacy products, groceries, and consumer products. The company serves retailers, wholesalers, and foodservice customers. Total Produce plc was founded in 1850 and is headquartered in Dublin, Ireland.

Frequently asked questions

What percentage of Dole is owned by insiders or institutions?
Currently 20.536% of Dole shares are held by insiders and 43.262% by institutions.
How many people work for Dole?
Latest data suggests 5,974 work at Dole.
When does the fiscal year end for Dole?
Dole's fiscal year ends in December.
Where is Dole based?
Dole's address is: 29 North Anne Street, Dublin, Ireland, D07 PH36
What is Dole's ISIN number?
Dole's international securities identification number is: IE0003LFZ4U7

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