Cal-Maine Foods (NASDAQ:CALM) Reaches New 52-Week Low After Earnings Miss

Key Points

• Cal-Maine Foods missed quarterly expectations: The company reported a $1.26-per-share loss versus analysts’ expected $0.77 loss, while revenue fell about 42% to $539.6 million, below the $561.6 million consensus.
• Weaker egg prices pressured results: A roughly 59% decline in egg prices, linked to oversupply and difficult comparisons with unusually strong pricing a year earlier, drove the swing from a $199.3 million profit to a $58.6 million net loss.
• Shares hit a new 52-week low: CALM fell to $63.20 and remains below its 50-day and 200-day moving averages; analysts maintain a consensus “Hold” rating with an $88.86 price target.

Cal-Maine Foods, Inc. (NASDAQ:CALM - Get Free Report)'s stock price hit a new 52-week low during trading on Wednesday after the company announced weaker than expected quarterly earnings. The company traded as low as $63.20 and last traded at $64.3960, with a volume of 34025 shares changing hands. The stock had previously closed at $68.55.

The basic materials company reported ($1.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.77) by ($0.49). Cal-Maine Foods had a net margin of 10.88% and a return on equity of 11.79%. The business had revenue of $539.61 million during the quarter, compared to analyst estimates of $561.57 million.

Key Cal-Maine Foods News

Here are the key news stories impacting Cal-Maine Foods this week:

• Positive Sentiment: Cal-Maine remains the largest U.S. egg producer, and management’s ongoing operational investments—including a newly announced partnership with Speria–MTech Systems to improve financial reporting and operational visibility—could support longer-term efficiency. Speria–MTech Systems partnership article
• Neutral Sentiment: The company’s fiscal first quarter ended August 29, 2026, and results reflect a difficult comparison with the prior-year period, when unusually strong egg pricing helped produce substantial profits. Cal-Maine Foods fiscal 2027 first-quarter results
• Negative Sentiment: Cal-Maine swung to a $58.6 million net loss, or $1.26 per share, compared with a $199.3 million profit a year earlier. The loss was worse than analysts’ expected loss of $0.77 per share. Cal-Maine Foods Q1 loss article
• Negative Sentiment: Revenue fell approximately 42% to $539.6 million, below the $561.6 million consensus estimate. The decline was driven primarily by a roughly 59% drop in egg prices, reflecting weaker market conditions and oversupply. Wall Street Journal Cal-Maine earnings article
• Negative Sentiment: The earnings miss and abrupt deterioration in profitability explain the stock’s decline, with CALM trading well below its 50-day and 200-day moving averages. Investors may remain cautious until egg prices and supply-demand conditions improve. Barron’s Cal-Maine earnings article

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CALM shares. Wells Fargo & Company set a $100.00 target price on Cal-Maine Foods in a research report on Monday, July 13th. Weiss Ratings lowered shares of Cal-Maine Foods from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, July 23rd. Benchmark downgraded shares of Cal-Maine Foods from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 4th. Stephens set a $80.00 price objective on shares of Cal-Maine Foods and gave the company an "equal weight" rating in a research note on Tuesday, September 22nd. Finally, The Goldman Sachs Group reissued a "neutral" rating and set a $70.00 price objective on shares of Cal-Maine Foods in a report on Friday, September 18th. Five investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $88.86.

Hedge Funds Weigh In On Cal-Maine Foods

Hedge funds have recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. raised its stake in Cal-Maine Foods by 4.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,429 shares of the basic materials company's stock valued at $598,000 after buying an additional 317 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in Cal-Maine Foods in the second quarter worth about $580,000. NewEdge Advisors LLC raised its stake in shares of Cal-Maine Foods by 10.2% in the second quarter. NewEdge Advisors LLC now owns 4,518 shares of the basic materials company's stock worth $364,000 after buying an additional 418 shares during the period. Baird Financial Group Inc. boosted its position in shares of Cal-Maine Foods by 3.8% in the second quarter. Baird Financial Group Inc. now owns 187,732 shares of the basic materials company's stock worth $15,124,000 after purchasing an additional 6,923 shares during the period. Finally, Waverly Advisors LLC purchased a new stake in shares of Cal-Maine Foods in the second quarter worth $277,000. Hedge funds and other institutional investors own 84.67% of the company's stock.

Cal-Maine Foods Stock Performance

The firm's fifty day moving average is $79.83 and its two-hundred day moving average is $79.46. The company has a market cap of $3.03 billion, a P/E ratio of 9.93 and a beta of 0.23.

Cal-Maine Foods Company Profile

Cal-Maine Foods, Inc is a leading producer and distributor of shell eggs in the United States. The company manages a vertically integrated business that includes egg production, processing, packaging, marketing and distribution. Its products are sold to retail grocery chains, foodservice customers, food processors and institutional buyers.

Cal-Maine offers conventional shell eggs as well as specialty products, including cage-free, organic, brown, free-range and nutritionally enhanced eggs.

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