Andersons - ANDE Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Andersons in the last twelve months. 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 brokers have issued 12-month price objectives for Andersons' stock. Their ANDE share price forecasts range from $45.00 to $55.00. On average, they anticipate the company's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 24.9% 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 on January 1st, 2023. Since then, ANDE stock has increased by 14.4% and is now trading at $40.03.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our ANDE earnings forecast.

The Andersons, Inc. (NASDAQ:ANDE) released its earnings results on Wednesday, February, 15th. The basic materials company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.58. The basic materials company earned $4.68 billion during the quarter, compared to analyst estimates of $4.28 billion. Andersons had a trailing twelve-month return on equity of 9.98% and a net margin of 0.76%. The company's revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.14 EPS.

Andersons announced 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 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Friday, March 31st.
Read our dividend analysis for ANDE.

ETFs with the largest weight of Andersons (NASDAQ:ANDE) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco Dynamic Food & Beverage ETF (PBJ), 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), First Trust Small Cap Value AlphaDEX Fund (FYT) and Invesco DWA SmallCap Momentum ETF (DWAS).

Andersons (NASDAQ:ANDE) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.89%. 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 19.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ANDE will have a dividend payout ratio of 21.45% 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 shareholders include Dimensional Fund Advisors LP (7.74%), Private Management Group Inc. (2.36%), Geode Capital Management LLC (1.83%), Charles Schwab Investment Management Inc. (1.64%), Mackenzie Financial Corp (1.44%) and Victory Capital Management Inc. (1.40%). Insiders that own company stock include Anne G Rex, Anne G Rex, Brian K Walz, James J Pirolli, Michael J Anderson, Patrick E Bowe, Patrick S Mullin, Stephen F Dowdle, Valerie M Blanchett 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 $40.03.

Andersons (NASDAQ:ANDE) has a market capitalization of $1.35 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 $3.80 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.