J. M. Smucker (NYSE:SJM) Releases FY 2027 Earnings Guidance

Key Points

• J. M. Smucker posted a strong quarterly performance, reporting EPS of $3.24 versus the $2.22 consensus and revenue of $2.22 billion versus $2.13 billion expected.
• The company issued FY 2027 guidance of $10.50–$11.00 EPS and $8.9–$9.0 billion in revenue, both above analyst estimates of $10.03 EPS and $8.8 billion in revenue.
• Smucker raised its quarterly dividend to $1.12 per share from $1.10, implying an annualized dividend of $4.48 and a yield of approximately 3.6%; analysts maintain a “Moderate Buy” consensus with a $125.53 target price.

J. M. Smucker (NYSE:SJM - Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 10.500-11.000 for the period, compared to the consensus estimate of 10.030. The company issued revenue guidance of $8.9 billion-$9.0 billion, compared to the consensus revenue estimate of $8.8 billion.

Analysts Set New Price Targets

SJM has been the topic of several research reports. JPMorgan Chase & Co. boosted their target price on J. M. Smucker from $125.00 to $139.00 and gave the company an "overweight" rating in a research note on Friday, August 14th. Bank of America boosted their price objective on shares of J. M. Smucker from $130.00 to $132.00 and gave the stock a "buy" rating in a research report on Wednesday, June 10th. Royal Bank Of Canada restated an "outperform" rating on shares of J. M. Smucker in a report on Tuesday. Evercore reaffirmed an "outperform" rating and issued a $125.00 target price on shares of J. M. Smucker in a research report on Thursday, July 23rd. Finally, TD Cowen lifted their price target on shares of J. M. Smucker from $120.00 to $123.00 and gave the company a "hold" rating in a research note on Wednesday, August 19th. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, J. M. Smucker presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.53.

J. M. Smucker Stock Down 0.6%

Shares of NYSE:SJM opened at $125.08 on Wednesday. J. M. Smucker has a 52-week low of $88.25 and a 52-week high of $127.64. The company has a market capitalization of $13.34 billion, a PE ratio of -96.22, a price-to-earnings-growth ratio of 1.70 and a beta of 0.25. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.33 and a current ratio of 0.78. The company has a fifty day moving average of $116.50 and a 200-day moving average of $107.66.

J. M. Smucker (NYSE:SJM - Get Free Report) last released its earnings results on Wednesday, August 26th. The company reported $3.24 earnings per share for the quarter, beating analysts' consensus estimates of $2.22 by $1.02. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.13 billion. J. M. Smucker had a negative net margin of 1.53% and a positive return on equity of 17.18%. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. On average, equities analysts predict that J. M. Smucker will post 9.98 EPS for the current fiscal year.

J. M. Smucker Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a dividend of $1.12 per share. This is an increase from J. M. Smucker's previous quarterly dividend of $1.10. The ex-dividend date is Friday, August 14th. This represents a $4.48 dividend on an annualized basis and a yield of 3.6%. J. M. Smucker's dividend payout ratio (DPR) is presently -344.62%.

Insider Buying and Selling

In other news, CFO Tucker H. Marshall sold 3,630 shares of the company's stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $111.05, for a total value of $403,111.50. Following the completion of the sale, the chief financial officer owned 38,699 shares in the company, valued at $4,297,523.95. This represents a 8.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jill R. Penrose sold 5,000 shares of the stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $116.69, for a total transaction of $583,450.00. Following the completion of the sale, the insider owned 15,795 shares of the company's stock, valued at approximately $1,843,118.55. This trade represents a 24.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 18,533 shares of company stock worth $2,132,914. 2.80% of the stock is owned by corporate insiders.

Key Headlines Impacting J. M. Smucker

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: SJM reported quarterly EPS of $3.24, well above the $2.22 analyst consensus, while revenue reached $2.22 billion versus expectations of $2.13 billion. The earnings beat provides evidence of stronger-than-expected operating performance. Fiscal 2027 First Quarter Results and Outlook
• Positive Sentiment: The company raised or reaffirmed fiscal 2027 guidance at $10.50-$11.00 EPS, above the $10.03 consensus estimate. Revenue guidance of $8.9 billion-$9.0 billion also exceeded the $8.8 billion analyst forecast, supporting the stock’s positive reaction.
• Positive Sentiment: Analysts had maintained generally favorable Buy and Hold ratings, with several price targets increased ahead of the earnings release. SJM also carries a consensus rating of “Moderate Buy,” which may reinforce investor confidence. Wall Street Forecasters Revise Smucker Expectations
• Neutral Sentiment: Unusually high options activity preceded the report, including a 241% increase in purchased put-option volume. This signals elevated hedging or speculation around earnings, but does not by itself establish the direction of the stock.
• Negative Sentiment: Despite the earnings beat, SJM reported a negative net margin of 1.53%, and its current and quick ratios remain relatively low at 0.78 and 0.33, respectively. These figures highlight profitability and liquidity risks that could limit further gains if execution weakens.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Garton & Associates Financial Advisors LLC bought a new stake in J. M. Smucker in the 4th quarter valued at about $25,000. CYBER HORNET ETFs LLC purchased a new position in shares of J. M. Smucker in the second quarter worth about $27,000. MUFG Securities EMEA plc bought a new stake in shares of J. M. Smucker in the second quarter valued at approximately $31,000. Los Angeles Capital Management LLC bought a new stake in shares of J. M. Smucker in the fourth quarter valued at approximately $46,000. Finally, Zions Bancorporation National Association UT lifted its stake in shares of J. M. Smucker by 48.2% during the 4th quarter. Zions Bancorporation National Association UT now owns 529 shares of the company's stock valued at $52,000 after buying an additional 172 shares in the last quarter. Institutional investors own 81.66% of the company's stock.

J. M. Smucker Company Profile

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company's main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker's core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker's® fruit spreads, Jif® peanut butter, Folgers® and Dunkin'® coffees, and Café Bustelo® coffee.

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