Andersons (ANDE) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Andersons in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ANDE shares.
View ANDE analyst ratings or view top-rated stocks.

1 analysts have issued 1 year price objectives for Andersons' stock. Their ANDE share price forecasts range from $55.00 to $55.00. On average, they predict the company's stock price to reach $55.00 in the next year. This suggests a possible upside of 26.7% from the stock's current price.
View analysts price targets for ANDE or view top-rated stocks among Wall Street analysts.

Andersons' stock was trading at $34.99 at the beginning of the year. Since then, ANDE shares have increased by 24.1% and is now trading at $43.41.
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Andersons saw a decline in short interest in May. As of May 15th, there was short interest totaling 590,100 shares, a decline of 15.5% from the April 30th total of 698,100 shares. Based on an average trading volume of 269,200 shares, the short-interest ratio is presently 2.2 days. Approximately 1.9% of the company's shares are sold short.
View Andersons' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our ANDE earnings forecast.

The Andersons, Inc. (NASDAQ:ANDE) announced its quarterly earnings results on Tuesday, May, 2nd. The basic materials company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. The basic materials company earned $3.88 billion during the quarter, compared to analyst estimates of $3.94 billion. Andersons had a trailing twelve-month return on equity of 9.98% and a net margin of 0.64%. Andersons's quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.18 EPS.

Andersons declared a quarterly dividend on Friday, February 17th. Shareholders of record on Monday, April 3rd will be given a dividend of $0.185 per share on Monday, April 24th. This represents a $0.74 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Friday, March 31st.
Read our dividend analysis for ANDE.

ETFs with the largest weight of Andersons (NASDAQ:ANDE) stock in their portfolio include Subversive Food Security ETF (KCAL), Invesco Dynamic Food & Beverage ETF (PBJ), Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco DWA Consumer Staples Momentum ETF (PSL), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Revenue ETF (RWJ), ProShares Russell 2000 Dividend Growers ETF (SMDV) and First Trust Small Cap Value AlphaDEX Fund (FYT).

Andersons (NASDAQ:ANDE) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.81%. The company has been increasing its dividend for 25 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ANDE will have a dividend payout ratio of 21.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ANDE.

28 employees have rated Andersons Chief Executive Officer Patrick E. Bowe on Glassdoor.com. Patrick E. Bowe has an approval rating of 100% among the company's employees. This puts Patrick E. Bowe in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 75.0% of employees surveyed would recommend working at Andersons to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Andersons investors own include Wolverine World Wide (WWW), Walgreens Boots Alliance (WBA), Wendy's (WEN), Carnival Co. & (CCL), Xerox (XRX), Fifth Third Bancorp (FITB), Cheesecake Factory (CAKE), AON (AON), Marriott International (MAR) and

Andersons trades on the NASDAQ under the ticker symbol "ANDE."

Andersons' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.09%), Dimensional Fund Advisors LP (8.00%), State Street Corp (3.58%), Ameriprise Financial Inc. (2.33%), Private Management Group Inc. (2.26%) and Geode Capital Management LLC (1.89%). Insiders that own company stock include Anne G Rex, Anne G Rex, Brian K Walz, Michael J Anderson, Patrick E Bowe, Stephen F Dowdle and William E Krueger.
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Shares of ANDE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ANDE stock can currently be purchased for approximately $43.41.

Andersons (NASDAQ:ANDE) has a market capitalization of $1.46 billion and generates $17.33 billion in revenue each year. The basic materials company earns $131.08 million in net income (profit) each year or $3.20 on an earnings per share basis.

The company employs 2,283 workers across the globe.

Andersons' mailing address is 1947 Briarfield Boulevard, MAUMEE OH, 43537. The official website for the company is www.andersonsinc.com. The basic materials company can be reached via phone at (419) 893-5050, via email at investorrelations@andersonsinc.com, or via fax at 419-891-6670.