Dover (NYSE:DOV) Announces FY 2026 Earnings Guidance

by · The Markets Daily

Dover (NYSE:DOV – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 10.600-10.750 for the period, compared to the consensus estimate of 10.650. The company issued revenue guidance of $8.7 billion, compared to the consensus revenue estimate of $8.7 billion.

Dover Stock Performance

Dover stock opened at $199.47 on Friday. The company has a market cap of $26.86 billion, a PE ratio of 23.25, a P/E/G ratio of 1.71 and a beta of 1.13. The company has a fifty day moving average price of $193.39 and a two-hundred day moving average price of $207.55. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.98 and a quick ratio of 1.41. Dover has a 12 month low of $176.40 and a 12 month high of $237.54.

Dover (NYSE:DOV – Get Free Report) last issued its earnings results on Thursday, October 22nd. The industrial products company reported $2.88 earnings per share for the quarter, topping analysts’ consensus estimates of $2.83 by $0.05. Dover had a net margin of 13.60% and a return on equity of 18.75%. The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the prior year, the company earned $2.62 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. Research analysts expect that Dover will post 10.66 earnings per share for the current year.

Dover Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were issued a $0.5250 dividend. This is a positive change from Dover’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Monday, August 31st. This represents a $2.10 annualized dividend and a dividend yield of 1.1%. Dover’s dividend payout ratio (DPR) is 25.30%.

Wall Street Analyst Weigh In

DOV has been the topic of several analyst reports. Citigroup increased their target price on Dover from $266.00 to $268.00 and gave the stock a “buy” rating in a research report on Friday. Wolfe Research restated an “outperform” rating and set a $262.00 price target on shares of Dover in a research report on Thursday, July 9th. BMO Capital Markets upgraded shares of Dover from a “market perform” rating to an “outperform” rating and lowered their price target for the stock from $255.00 to $240.00 in a research report on Friday, July 24th. Robert W. Baird set a $258.00 price objective on shares of Dover in a report on Friday. Finally, Royal Bank Of Canada lifted their price objective on shares of Dover from $216.00 to $219.00 and gave the company a “sector perform” rating in a research report on Friday. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $238.60.

Read Our Latest Stock Report on DOV

Dover News Summary

Here are the key news stories impacting Dover this week:

  • Positive Sentiment: Dover reported third-quarter adjusted earnings of $2.88 per share, above the $2.85 consensus estimate and up from $2.62 a year earlier. Revenue rose 7.5% year over year to $2.23 billion, narrowly exceeding expectations. Dover Reports Third Quarter 2026 Results
  • Positive Sentiment: Broad-based demand, stronger bookings and margin improvement supported the quarter, signaling healthy operating momentum across Dover’s industrial businesses. Dover Q3 Earnings Beat on Broad Demand, Margins Improve
  • Positive Sentiment: Management updated full-year 2026 guidance to EPS of $10.60-$10.75 and revenue of approximately $8.7 billion. The EPS midpoint is slightly above the consensus estimate, while the revenue outlook is consistent with expectations. Dover Reports Third Quarter 2026 Results
  • Positive Sentiment: Analysts raised their forecasts following the earnings beat, and management’s comments pointed to strong growth potential and additional upside in 2027. Dover Analysts Raise Their Forecasts Following Strong Q3 Earnings

About Dover

(Get Free Report)

Dover Corporation (NYSE: DOV) is a diversified manufacturer that develops and produces specialized equipment, components and engineered systems for industrial and commercial customers. Its businesses serve markets including fluid handling, equipment manufacturing, clean energy, fueling, refrigeration, heating and cooling, printing, and vehicle service.

The company’s products include pumps, compressors, controls, dispensing and fueling equipment, refrigeration systems, heat-transfer technologies, industrial machinery, vehicle lifts and service equipment, and components used in engineered industrial applications.

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