Andersons - ANDE Stock Forecast, Price & News

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

2 analysts have issued 12 month price targets for Andersons' shares. Their ANDE share price forecasts range from $45.00 to $60.00. On average, they expect the company's share price to reach $52.50 in the next year. This suggests a possible upside of 49.7% from the stock's current price.
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Andersons' stock was trading at $38.71 at the beginning of the year. Since then, ANDE stock has decreased by 9.4% and is now trading at $35.06.
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Andersons saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 1,030,000 shares, a decline of 14.9% from the October 31st total of 1,210,000 shares. Based on an average daily volume of 208,300 shares, the days-to-cover ratio is currently 4.9 days. Currently, 3.3% of the company's stock are short sold.
View Andersons' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our ANDE earnings forecast.

The Andersons, Inc. (NASDAQ:ANDE) posted its quarterly earnings data on Tuesday, November, 1st. The basic materials company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.17. The basic materials company had revenue of $4.22 billion for the quarter, compared to analyst estimates of $3.14 billion. Andersons had a net margin of 0.92% and a trailing twelve-month return on equity of 10.59%.

Andersons declared a quarterly dividend on Friday, August 19th. Investors of record on Monday, October 3rd will be given a dividend of $0.18 per share on Friday, October 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Friday, September 30th.
Read our dividend analysis for ANDE.

Andersons (NASDAQ:ANDE) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.98%. The company has been increasing its dividend for 24 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 16.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ANDE will have a dividend payout ratio of 25.99% 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 Conduent (CNDT).

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

Andersons' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.37%), Vanguard Group Inc. (11.55%), Dimensional Fund Advisors LP (7.63%), State Street Corp (3.69%), Private Management Group Inc. (2.37%) and Mackenzie Financial Corp (1.43%). Insiders that own company stock include Anne G Rex, Brian A Valentine, James J Pirolli, Michael J Anderson, Patrick E Bowe, Patrick S Mullin, Stephen F Dowdle, Valerie M Blanchett and William E Krueger.
View institutional ownership trends.

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 $35.06.

Andersons (NASDAQ:ANDE) has a market capitalization of $1.17 billion and generates $12.61 billion in revenue each year. The basic materials company earns $103.99 million in net income (profit) each year or $4.40 on an earnings per share basis.

The company employs 2,371 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.