McCormick & Co. Company Profile (NYSE:MKC)

Analyst Ratings

Consensus Ratings for McCormick & Co. (NYSE:MKC) (?)
Ratings Breakdown: 1 Sell Rating(s), 4 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $96.86 (7.19% downside)

Analysts' Ratings History for McCormick & Co. (NYSE:MKC)
Show:
DateFirmActionRatingPrice TargetActions
7/5/2016Citigroup Inc.Reiterated RatingNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/2/2016Deutsche Bank AGBoost Price TargetBuy$110.00 -> $113.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/19/2016Credit Suisse Group AGReiterated RatingNeutral$95.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/31/2016Sanford C. BernsteinReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/18/2016BB&T Corp.DowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/19/2016JPMorgan Chase & Co.DowngradeNeutral -> Underweight$82.00 -> $76.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/15/2015Jefferies GroupInitiated CoverageHold$80.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/3/2014S&P Equity ResearchReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for McCormick & Co. (NYSE:MKC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
9/29/2016        
6/30/2016Q216$0.74$0.75$1.06 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/29/2016Q116$0.69$0.74$1.03 billion$1.03 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/28/2016Q415$1.17$1.18$1.19 billion$1.20 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/1/2015Q315$0.87$0.85$1.06 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/1/2015Q215$0.68$0.75$1.02 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/24/2015Q115$0.64$0.70$1.01 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/28/2015Q414$1.15$1.16$1.21 billion$1.17 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/2/2014Q314$0.81$0.95$1.04 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/26/2014Q214$0.62$0.64$1.04 billion$1.03 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/25/2014Q114$0.58$0.62$973.20 million$993.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/29/2014Q413$1.18$1.11$1.22 billion$1.17 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/26/2013Q313$0.78$0.78$1.03 billion$1.02 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/27/2013Q2 2013$0.61$0.61$1.01 billion$1,000.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/2/2013Q1 2013$0.56$0.55$922.66 million$934.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/24/2013Q4 2012$1.14$1.11$1.17 billion$1.15 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/27/2012Q312$0.76$0.78$989.60 million$977.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/27/2012$0.61$0.60ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/27/2012$0.53$0.55ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/26/2012$0.98$0.98ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/28/2011$0.66$0.69ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/30/2011$0.54$0.55ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/29/2011$0.54$0.57ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/26/2011$0.96$0.99ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for McCormick & Co. (NYSE:MKC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.67$0.74$0.70
Q2 20163$0.73$0.75$0.74
Q3 20162$0.95$0.99$0.97
Q4 20162$1.29$1.30$1.30
Q1 20171$0.81$0.81$0.81
Q2 20171$0.79$0.79$0.79
Q3 20171$1.05$1.05$1.05
Q4 20171$1.43$1.43$1.43
Q1 20181$0.89$0.89$0.89
Q2 20181$0.87$0.87$0.87
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for McCormick & Co. (NYSE:MKC)
Annual Dividend:$1.72
Dividend Yield:1.65%
Payout Ratio:50.89% (Based on Trailing 12 Months of Earnings)
45.99% (Based on Current Year Consensus EPS Estimate)
41.85% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:8.90% (3 Year Average)

Dividend History for McCormick & Co. (NYSE:MKC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
6/28/2016quarterly$0.437/7/20167/11/20167/25/2016Tweet This Announcement  Share This Announcement on StockTwits
3/30/2016quarterly$0.434/7/20164/11/20164/25/2016Tweet This Announcement  Share This Announcement on StockTwits
11/24/2015quarterly$0.4312/29/201512/31/20151/15/2016Tweet This Announcement  Share This Announcement on StockTwits
9/29/2015quarterly$0.4010/8/201510/13/201510/27/2015Tweet This Announcement  Share This Announcement on StockTwits
6/30/2015quarterly$0.402.01%7/9/20157/13/20157/27/2015Tweet This Announcement  Share This Announcement on StockTwits
3/25/2015quarterly$0.402.08%4/1/20154/6/20154/20/2015Tweet This Announcement  Share This Announcement on StockTwits
11/25/2014quarterly$0.402.2%12/29/201412/31/20141/14/2015Tweet This Announcement  Share This Announcement on StockTwits
9/30/2014quarterly$0.372.26%10/8/201410/13/201410/27/2014Tweet This Announcement  Share This Announcement on StockTwits
6/25/2014quarterly$0.372.11%7/2/20147/7/20147/21/2014Tweet This Announcement  Share This Announcement on StockTwits
3/26/2014quarterly$0.372.09%4/3/20144/7/20144/21/2014Tweet This Announcement  Share This Announcement on StockTwits
11/26/2013quarterly$0.372.13%12/27/201312/31/20131/14/2014Tweet This Announcement  Share This Announcement on StockTwits
9/24/2013quarterly$0.342%10/3/201310/7/201310/21/2013Tweet This Announcement  Share This Announcement on StockTwits
6/26/2013quarterly$0.341.93%7/3/20137/8/20137/22/2013Tweet This Announcement  Share This Announcement on StockTwits
4/3/2013quarterly$0.341.9%4/11/20134/15/20134/29/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for McCormick & Co. (NYSE:MKC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
7/13/2016Gordon Mckenzie Stetz JrCFOSell38,900$105.17$4,091,113.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/5/2016Patricia A LittleDirectorSell3,750$107.22$402,075.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/19/2016Nneka Louise RimmerVPSell560$96.00$53,760.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/5/2016Malcolm SwiftInsiderSell26,950$95.01$2,560,519.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/19/2016Gordon Mckenzie Stetz JrCFOSell37,000$95.03$3,516,110.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/10/2015Gordon Mckenzie Stetz JrCFOSell23,094$79.68$1,840,129.92View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/18/2014Lawrence Erik KurziusInsiderSell65,300$69.01$4,506,353.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/30/2014Jacques TapieroDirectorBuy1,000$71.77$71,770.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/27/2014Paul BeardVPSell33,700$71.00$2,392,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/5/2013Kenneth Kelly, Jr.SVPSell13,374$69.19$925,347.06View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/13/2013William Geoffrey CarpenterVPSell15,336$73.83$1,132,256.88View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/14/2012William E StevensDirectorSell10,000$63.24$632,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for McCormick & Co. (NYSE:MKC)
DateHeadline
07/25/16 12:00 PMETF’s with exposure to McCormick & Co., Inc. : July 25, 2016 -
07/22/16 12:05 PMHow Is Mead Johnson Rewarding Shareholders? -
07/22/16 09:57 AMMcCormick & Co., Inc. :MKC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 22, 2016 -
07/22/16 08:09 AMGwm Advisors buys $3717826 stake in McCormick & Company Incorporated (MKC) - TheFounders Daily
07/22/16 08:09 AMAlbert D Mason Inc buys $2987742 stake in McCormick & Company Incorporated (MKC) - TheFounders Daily
07/20/16 05:54 PMNotable ETF Inflow Detected - NOBL, CINF, MKC, NUE
07/20/16 11:06 AMHow the Stronger Dollar and Market Dynamics Affected MJN in 1Q16 -
07/19/16 10:38 AMDon't Sell McCormick
07/18/16 05:19 PMDon't Sell McCormick - Seeking Alpha
07/18/16 10:30 AMShares of McCormick & Company Incorporated (MKC) Drops by -1.81% - Trade Calls
07/17/16 04:41 PMShares Moving Down on the Week: McCormick & Company, Incorporated (NYSE:MKC) - Engelwood Daily
07/17/16 04:41 PMMcCormick & Company, Incorporated (NYSE:MKC) Broker Price Targets For The Coming Week - Fiscal Standard
07/16/16 08:35 AMToday's Top Gainers in the Market McCormick & Company, Incorporated (NYSE:MKC) from Consumer Goods - The Daily Leicester
07/15/16 09:38 AMPrior Trading Session Wrap-Up: McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph
07/15/16 09:38 AMMccormick & Company Non Vtg CS (NYSE:MKC) Shorts Decreased by 8.48% After Short Covering - Consumer Eagle
07/14/16 05:28 PMMcCormick & Company, Incorporat (NYSE:MKC) Trading Down – Insiders and Institutional Investors Selling
07/13/16 05:33 PMUpdate on McCormick & Company, Incorporated (NYSE:MKC) for the day - Twin County News
07/13/16 05:33 PMIs McCormick & Company, Incorporated(NYSE: MKC), a large market cap stock a smart buy? - The Daily Leicester
07/11/16 05:14 PMMcCormick & Co Inc (NYSE:MKC) close to 52-week high, short interest decreasing - Street Report
07/10/16 04:42 PMStock Performance Rundown on: McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph
07/09/16 08:32 AMPerformance Recap and Target Perspective on McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph
07/08/16 05:18 PMMcCormick & Company (MKC) Continues To Grow
07/08/16 08:04 AMPrevious Trading Session Wrap-Up: McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph
07/07/16 05:13 PMMcCormick & Company, Incorporated (NYSE:MKC) from Processed & Packaged Goods – Todays Top Gains - Twin County News
07/07/16 03:37 PMThese Are the Only Dividend Aristocrats I Would Consider Today -
07/07/16 08:05 AMStock Strength Recap for McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph
07/07/16 08:05 AMMcCormick & Company (MKC) Continues To Grow - Economic Calendar
07/06/16 12:04 PMMCCORMICK & CO INC Financials -
07/06/16 09:49 AMHow Much Higher Can McCormick Go?
07/06/16 09:38 AMMcCormick Stock Trades Ex-Dividend Thursday (MKC) -
07/05/16 09:45 AMMcCormick & Company: Spicy Valuation - Seeking Alpha
07/02/16 10:22 AM3 Dividend Aristocrats You Shouldn't Buy in July -
07/01/16 05:11 PM'Add Spice And Let Simmer,' Deutsche Says Of McCormick
07/01/16 05:11 PMMcCormick & Co. (MKC) Tops Q2 EPS by 1c
07/01/16 01:01 PMMcCormick & Company’s Top and Bottom Lines Rose in 2Q16 -
07/01/16 11:40 AMMcCormick & Company Earnings: Lots of Moving Parts -
07/01/16 05:03 AMMCCORMICK & CO INC Files SEC form 10-Q, Quarterly Report -
06/30/16 05:31 PMMcCormick Reports on Second Quarter Results and Latest 2016 Financial Outlook
06/30/16 02:41 PMEdited Transcript of MKC earnings conference call or presentation 30-Jun-16 12:00pm GMT -
06/30/16 02:28 PMMcCormick (MKC) Stock Rises on Q2 Earnings Beat -
06/30/16 11:11 AMMcCormick Promotes Michael Smith as Chief Financial Officer -
06/30/16 09:46 AMMcCormick (MKC) Tops Q2 Earnings on Acquisition & Volume -
06/30/16 09:03 AMMcCormick Slips Despite Earnings Beat, Increased Cost Savings -
06/29/16 05:02 PMMcCormick mpany : Declares $0.43 Quarterly Dividend
06/29/16 08:07 AMMCCORMICK & CO INC Files SEC form 8-K, Change in Directors or Principal Officers -
06/29/16 07:59 AMProcessed & Packaged Goods: McCormick & Company, Incorporated (NYSE:MKC) Position of the day - Twin County News
06/29/16 06:01 AMMcCormick announces Michael Smith to become Executive VP & CFO and planned retirement of Executive VP & CFO Gordon Stetz - [at noodls] - DISCLAIMER - IMPORTANT Possible cash offer (the 'Possible Offer') for Premier Foods plc ('Premier Foods') by McCormick & Company, Inc. ('McCormick'). ... This is an abstract of the original noodl. To continue ...
06/28/16 05:03 PMClarkston Capital Partners LLC Decreased Stake in Mccormick & Co INC (NYSE:MKC) by $6.76 Million as Shares Rose - Press Telegraph
06/28/16 05:03 PMTop Stock Pick for Quarter: McCormick & Company, Incorporated (NYSE:MKC) - Engelwood Daily
06/27/16 09:30 AMStock Performance Focus on: McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph

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About McCormick & Co.

McCormick & Co. logoMcCormick & Company, Incorporated manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The Company operates in two segments: consumer and industrial. Its brands in the Americas include McCormick, Lawry's, Stubb's, Club House, Zatarain's, Thai Kitchen and Simply Asia. In Europe and the Middle East and Africa (EMEA), the Company's brands include the Ducros, Schwartz, Kamis, Drogheria & Alimentari, and a line of Vahine brand dessert items. In the Asia/Pacific region, it markets products under the McCormick and DaQiao brands in China. In Australia, it markets its spices and seasonings under the McCormick brand and its dessert products under the Aeroplane brand. In India, its joint venture trades under the Kohinoor brand. The industrial segment sells to food manufacturers and the foodservice industry both directly and indirectly through distributors.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Processed & Packaged Goods
  • Sub-Industry: Packaged Foods & Meats
  • Exchange: NYSE
  • Symbol: MKC
  • CUSIP: 57978020
Key Metrics:
  • Previous Close: $104.36
  • 50 Day Moving Average: $102.56
  • 200 Day Moving Average: $95.15
  • P/E Ratio: 30.95
  • P/E Growth: 2.96
  • Market Cap: $13.22B
  • Beta: 0.51
  • Current Year EPS Consensus Estimate: $3.74 EPS
  • Next Year EPS Consensus Estimate: $4.11 EPS
Additional Links:
McCormick & Co. (NYSE:MKC) Chart for Tuesday, July, 26, 2016