Hormel Foods (HRL) Stock Price, News & Analysis

Company Overview

Hormel Foods Corporation is a global branded foods company primarily engaged in the production, marketing and distribution of value-added, high-quality meat and food products. The company’s portfolio spans a range of categories including refrigerated and frozen meats, pantry staples, specialty foods and shelf-stable items. Through manufacturing facilities located across North America and international markets, Hormel Foods supplies retail grocers, foodservice operators, convenience stores and e-commerce platforms.

Among its best-known brands, Hormel Foods produces SPAM® canned meats, Jennie-O® turkey products, Skippy® peanut butter and Applegate® natural and organic meats. Additional offerings include Hormel® chili and Mexican products, Minute® rice and Mary’s® organic chicken. The company continually invests in research and development, packaging innovation and sustainability initiatives aimed at meeting evolving consumer preferences for convenience, health and wellness.

Founded in 1891 by George A. Hormel in Austin, Minnesota, the company has grown from a regional meatpacker into a multinational food manufacturer. Key milestones include the 1937 launch of SPAM®, the expansion into turkey through the Jennie-O acquisition and entry into the natural and organic segment with the Applegate brand. Hormel Foods maintains manufacturing and distribution operations across more than 80 countries, supported by a global supply chain and strategic partnerships.

Hormel Foods is led by Chairman, President and Chief Executive Officer James P. Snee, who has guided the company through product portfolio diversification and digital transformation efforts. Under his leadership, Hormel Foods has emphasized operational excellence, corporate responsibility and community engagement while pursuing targeted acquisitions and joint ventures to drive long-term growth.

Key Stats

• Today's Range: $21.06 to $21.41
• 50-Day Range: $19.73 to $23.07
• 52-Week Range: $19.70 to $31.86
• Volume: 4.57 million shs
• Average Volume: 4.74 million shs
• Market Capitalization: $11.71 billion
• P/E Ratio: 23.91
• Dividend Yield: 5.50%
• Price Target: $26.00
• Consensus Rating: Hold

Hormel Foods Stock Analysis - MarketRank™

Hormel Foods scored higher than 84% of companies evaluated by MarketBeat, and ranked 38th out of 151 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Hold

Consensus Rating

Hormel Foods has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on no strong buy ratings, 3 buy ratings, 5 hold ratings, and 1 sell rating.

Upside Potential

Hormel Foods has a consensus price target of $26.00, representing about 22.2% upside from its current price of $21.28.

Amount of Analyst Coverage

Hormel Foods has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.80%

Earnings Growth

Earnings for Hormel Foods are expected to grow by 7.80% in the coming year, from $1.41 to $1.52 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hormel Foods is 23.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hormel Foods is 23.91, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 25.72.

Price to Earnings Growth Ratio

Hormel Foods has a PEG Ratio of 2.92. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Hormel Foods has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.14% of the float of Hormel Foods has been sold short.

Short Interest Ratio / Days to Cover

Hormel Foods has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Hormel Foods has recently increased by 0.12%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Hormel Foods is a leading dividend payer. It pays a dividend yield of 5.51%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Hormel Foods has been increasing its dividend for 60 years.

Dividend Coverage

The dividend payout ratio of Hormel Foods is 131.46%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Hormel Foods will have a dividend payout ratio of 76.97% in the coming year. This indicates that Hormel Foods may not be able to sustain their current dividend.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.20

News Sentiment

Hormel Foods has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Hormel Foods this week, compared to 7 articles on an average week.

Search Interest

Only 33 people have searched for HRL on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

15 people have added Hormel Foods to their MarketBeat watchlist in the last 30 days. This is an increase of 88% compared to the previous 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hormel Foods insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.58% of the stock of Hormel Foods is held by insiders.

Percentage Held by Institutions

40.99% of the stock of Hormel Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 2/26/2026
• Record date for 5/15 Dividend: 4/13/2026
• Ex-Dividend for 5/15 Dividend: 4/13/2026
• Dividend Payable: 5/15/2026
• Today: 5/24/2026
• Next Earnings (Estimated): 5/28/2026
• Fiscal Year End: 10/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: FOOD - MEAT PRODS
• Sub-Industry: Packaged Foods & Meats
• Current Symbol: NYSE:HRL
• CIK: 48465
• Web: www.hormelfoods.com
• Phone: (507) 437-5611
• Fax: 507-437-5838
• Employees: 20,000
• Year Founded: 1891

Price Target and Rating

• Average Price Target for Hormel Foods: $26.00
• High Price Target: $30.00
• Low Price Target: $22.00
• Potential Upside/Downside: +22.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.22
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.89
• Trailing P/E Ratio: 23.91
• Forward P/E Ratio: 15.09
• P/E Growth: 2.92
• Net Income: $478.20 million
• Net Margins: 4.03%
• Pretax Margin: 5.60%
• Return on Equity: 9.38%
• Return on Assets: 5.60%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 2.66
• Quick Ratio: 1.37

Sales & Book Value

• Annual Sales: $12.11 billion
• Price / Sales: 0.97
• Cash Flow: $1.99 per share
• Price / Cash Flow: 10.72
• Book Value: $14.39 per share
• Price / Book: 1.48

Miscellaneous

• Outstanding Shares: 550,280,000
• Free Float: 547,092,000
• Market Cap: $11.71 billion
• Optionable: Optionable
• Beta: 0.33