ODC Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of ODC, the DDM model generated by StockNews estimates a return of positive 15.2% in comparison to its current price. Digging deeper, the aspects of Oil-Dri Corp of America's dividend discount model that we found most interesting were:

• In comparison to other US listed dividend yielding stocks in the Basic Materials sector, Oil-Dri Corp of America's expected return of 15.2% is higher than 77.12% of its fellow sector mates.
• Out of all stocks in our universe of US-listed dividend-issuing stocks, Oil-Dri Corp of America bears a discount rate, according to our calculations, lower than 77.12% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
• With a market cap of roughly $258 million, ODC is in the small-sized market cap class; amongst this group of stocks, its equity discount rate is lower than 86.42% of them.
• A stock's beta generally indicates its volatility relative to the broader equity market; for Oil-Dri Corp of America, its beta is lower than 87.65% of dividend issuing stocks we observed.

ODC Dividends vs. Peers