Andersons - ANDE Stock Forecast, Price & News

2 Wall Street 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 analysts is that investors should "buy" ANDE shares.
View ANDE analyst ratings or view top-rated stocks.

2 brokerages have issued 1-year target prices for Andersons' stock. Their ANDE share price forecasts range from $45.00 to $60.00. On average, they expect the company's stock price to reach $52.50 in the next twelve months. This suggests a possible upside of 38.7% 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 start of the year. Since then, ANDE stock has increased by 8.2% and is now trading at $37.86.
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Andersons saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 660,900 shares, an increase of 29.0% from the December 31st total of 512,300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
View Andersons' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our ANDE earnings forecast.

Andersons will be holding an earnings conference call on Wednesday, February 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

The Andersons, Inc. (NASDAQ:ANDE) released its quarterly earnings results on Tuesday, November, 2nd. The basic materials company reported $0.15 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.27. The basic materials company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.37 billion. Andersons had a trailing twelve-month return on equity of 10.59% and a net margin of 0.92%. During the same quarter last year, the business earned ($0.07) EPS.

Andersons announced a quarterly dividend on Friday, December 16th. Stockholders of record on Tuesday, January 3rd will be given a dividend of $0.185 per share on Friday, January 20th. This represents a $0.74 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend is Friday, December 30th. This is a positive change from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for ANDE.

Andersons (NASDAQ:ANDE) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.99%. 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 16.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ANDE will have a dividend payout ratio of 29.60% 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 Private Management Group Inc. (2.36%), Ceredex Value Advisors LLC (0.91%), ProShare Advisors LLC (0.76%), Peregrine Capital Management LLC (0.76%), Hennessy Advisors Inc. (0.25%) and New York State Teachers Retirement System (0.21%). 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.
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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 $37.86.

Andersons (NASDAQ:ANDE) has a market capitalization of $1.27 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.