Hormel Foods (HRL) Stock Price, News & Analysis

Company Overview

Hormel Foods (NYSE: HRL) is a global branded food company founded in 1891 and headquartered in Austin, Minnesota. The company is primarily engaged in the production, marketing and distribution of a diverse range of high-quality meat and food products. Its offerings span shelf-stable meats, refrigerated meats, fresh pork and turkey products, as well as a variety of prepared foods and condiments designed for retail, foodservice and international markets.

Key product lines include iconic brands such as SPAM®, Skippy® peanut butter, Applegate® natural and organic products, and the Jennie-O® Turkey Store. Hormel Foods operates through several business segments, including Refrigerated Foods, Grocery Products, Jennie-O Turkey Store, and Specialty Foods. These segments allow the company to address evolving consumer preferences for convenience, nutrition and sustainability.

Since its founding by George A. Hormel, the company has grown through strategic acquisitions and innovation in food processing and packaging. Over its more than 130-year history, Hormel Foods has expanded manufacturing and distribution capabilities around the world, serving customers in more than 80 countries. The company continuously invests in research and development to introduce new products, improve quality and enhance food safety.

Hormel Foods is led by President and Chief Executive Officer James Snee, who has been with the company for over 25 years and took the helm in 2016. Supported by a seasoned executive team and a board of directors with diverse industry experience, the company emphasizes sustainability, responsible sourcing and community engagement as core pillars of its corporate governance and long-term strategic growth.

Key Stats

• Today's Range: $30.37 to $30.90
• 50-Day Range: $29.13 to $31.18
• 52-Week Range: $27.59 to $33.80
• Volume: 2.55 million shs
• Average Volume: 2.69 million shs
• Market Capitalization: $16.88 billion
• P/E Ratio: 22.57
• Dividend Yield: 3.78%
• Price Target: $32.86
• Consensus Rating: Moderate Buy

Hormel Foods Stock Analysis - MarketRank™

Hormel Foods scored higher than 85% of companies evaluated by MarketBeat, and ranked 109th out of 441 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Hormel Foods has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hormel Foods has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 11.52%

Earnings Growth

Earnings for Hormel Foods are expected to grow by 11.52% in the coming year, from $1.65 to $1.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hormel Foods is 22.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hormel Foods is 22.57, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 20.33.

Price to Earnings Growth Ratio

Hormel Foods has a PEG Ratio of 3.51. 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 2.10. 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

4.43% 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 4.2.

Change versus previous month

Short interest in Hormel Foods has recently increased by 17.12%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

Hormel Foods is a leading dividend payer. It pays a dividend yield of 3.77%, 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 85.29%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Hormel Foods will have a dividend payout ratio of 63.04% next year. This indicates that Hormel Foods will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -3.56

Percentage of Shares Shorted

4.43% 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 4.2.

Change versus previous month

Short interest in Hormel Foods has recently increased by 17.12%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.00

News Sentiment

Hormel Foods has a news sentiment score of 1.00. 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 higher news sentiment than the 0.66 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Hormel Foods this week, compared to 12 articles on an average week.

Search Interest

34 people have searched for HRL on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Hormel Foods to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 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

Only 0.72% 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.

HRL Stock Analysis - Frequently Asked Questions

How have HRL shares performed this year?

Hormel Foods' stock was trading at $31.37 on January 1st, 2025. Since then, HRL stock has decreased by 2.2% and is now trading at $30.69.

How were Hormel Foods' earnings last quarter?

Hormel Foods Corporation (NYSE:HRL) announced its earnings results on Thursday, May, 29th. The company reported $0.35 earnings per share for the quarter, meeting analysts' consensus estimates of $0.35. The company's revenue was up .3% compared to the same quarter last year.
Read the conference call transcript.

When did Hormel Foods' stock split?

Shares of Hormel Foods split on Wednesday, February 10th 2016.The 2-1 split was announced on Wednesday, November 25th 2015. The newly created shares were distributed to shareholders after the market closes on Tuesday, February 9th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Hormel Foods have any subsidiaries?

Hormel Foods subsidiaries include Planters, Sadler's Smokehouse Ltd, Shedd’s Country Crock Business - Unilever, Columbus Manufacturing, Ceratti, Fontanini Italian Meats and Sausages, Justin’s, and others.

How do I buy shares of Hormel Foods?

Shares of HRL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Hormel Foods own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hormel Foods investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Chevron (CVX), Exxon Mobil (XOM), Walmart (WMT) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Record date for 5/15 Dividend: 4/14/2025
• Ex-Dividend for 5/15 Dividend: 4/14/2025
• Dividend Payable: 5/15/2025
• Last Earnings: 5/29/2025
• Today: 7/04/2025
• Record date for 8/15 Dividend: 7/14/2025
• Ex-Dividend for 8/15 Dividend: 7/14/2025
• Dividend Payable: 8/15/2025
• Next Earnings (Estimated): 9/03/2025
• Fiscal Year End: 10/31/2025

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 Stock Price Target: $32.86
• High Stock Price Target: $36.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +7.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.36
• Trailing P/E Ratio: 22.57
• Forward P/E Ratio: 18.60
• P/E Growth: 3.47
• Net Income: $805.04 million
• Net Margins: 6.27%
• Pretax Margin: 8.00%
• Return on Equity: 10.20%
• Return on Assets: 6.11%

Debt

• Debt-to-Equity Ratio: 0.35
• Current Ratio: 2.47
• Quick Ratio: 1.17

Sales & Book Value

• Annual Sales: $11.92 billion
• Price / Sales: 1.42
• Cash Flow: $2.06 per share
• Price / Cash Flow: 14.87
• Book Value: $14.62 per share
• Price / Book: 2.10

Miscellaneous

• Outstanding Shares: 549,900,000
• Free Float: 545,936,000
• Market Cap: $16.88 billion
• Optionable: Optionable
• Beta: 0.33