Sanderson Farms (SAFM) Stock Price, News & Analysis

Sanderson Farms, Inc. (NASDAQ:SAFM) issued its quarterly earnings results on Wednesday, August, 25th. The company reported $7.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.73 by $0.65. The business earned $1.35 billion during the quarter, compared to analysts' expectations of $1.28 billion. Sanderson Farms had a trailing twelve-month return on equity of 43.58% and a net margin of 15.34%. The firm's revenue for the quarter was up 41.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.48 earnings per share.

Sanderson Farms (NASDAQ:SAFM) pays an annual dividend of $1.76 per share and currently has a dividend yield of 0.86%. The dividend payout ratio is 4.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SAFM will have a dividend payout ratio of 5.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SAFM.

125 employees have rated Sanderson Farms Chief Executive Officer Joe F. Sanderson Jr. on Glassdoor.com. Joe F. Sanderson Jr. has an approval rating of 81% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanderson Farms investors own include Walmart (WMT), Walt Disney (DIS), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), PepsiCo (PEP), QUALCOMM (QCOM) and NVIDIA (NVDA).