NASDAQ:ANDE - Andersons Stock Price, Forecast & News

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

Andersons announced a quarterly dividend on Tuesday, December 17th. Shareholders of record on Thursday, January 2nd will be paid a dividend of $0.175 per share on Thursday, January 23rd. This represents a $0.70 annualized dividend and a dividend yield of 3.37%. The ex-dividend date is Tuesday, December 31st. This is an increase from Andersons's previous quarterly dividend of $0.17. View Andersons' Dividend History.

Andersons Inc (NASDAQ:ANDE) posted its quarterly earnings results on Wednesday, February, 12th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.05. The basic materials company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.45 billion. Andersons had a return on equity of 4.07% and a net margin of 0.22%. The firm's revenue was up 132.0% on a year-over-year basis. During the same period last year, the firm posted $0.92 earnings per share. View Andersons' Earnings History.

Andersons is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Andersons.

2 equities research analysts have issued 1 year price targets for Andersons' stock. Their forecasts range from $21.00 to $22.00. On average, they anticipate Andersons' stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Price Targets for Andersons.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Andersons in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Andersons.

News stories about ANDE stock have trended extremely negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Andersons earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Andersons.

Andersons saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 1,210,000 shares, a drop of 5.5% from the January 15th total of 1,280,000 shares. Based on an average daily trading volume, of 211,300 shares, the days-to-cover ratio is currently 5.7 days. Currently, 4.0% of the shares of the company are short sold. View Andersons' Current Options Chain.

Some companies that are related to Andersons include Universal (UVV), SunOpta (STKL), Pyxus International (PYX), Alliance One International (AOI) and CHS Inc 8% Preferred Shares (CHSCP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Andersons investors own include Wolverine World Wide (WWW), Wendys (WEN), Walgreens Boots Alliance (WBA), Carnival (CCL), Xerox (XRX), Fifth Third Bancorp (FITB), Cheesecake Factory (CAKE), AON (AON), Conduent (CNDT) and General Electric (GE).

Andersons' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.00%), ProShare Advisors LLC (1.63%), Bank of New York Mellon Corp (1.54%), Charles Schwab Investment Management Inc. (1.54%), Geode Capital Management LLC (1.37%) and Russell Investments Group Ltd. (1.24%). Company insiders that own Andersons stock include Corbett J Jorgenson, James J Pirolli, Joseph E Mcneely, Michael J Anderson, Michael S Irmen, Naran Uchur Burchinow, Patrick E Bowe, Rasesh H Shah, Stephen F Dowdle and Valerie M Blanchett. View Institutional Ownership Trends for Andersons.

ANDE stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Rutabaga Capital Management LLC MA, Cubist Systematic Strategies LLC, Snow Capital Management LP, Arizona State Retirement System, Pinebridge Investments L.P., Caxton Associates LP and Bank of America Corp DE. Company insiders that have sold Andersons company stock in the last year include Corbett J Jorgenson, Michael J Anderson and Valerie M Blanchett. View Insider Buying and Selling for Andersons.

ANDE stock was bought by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., Marshall Wace LLP, State Street Corp, Prudential Financial Inc., Russell Investments Group Ltd., Geode Capital Management LLC, Goldman Sachs Group Inc. and Great West Life Assurance Co. Can. Company insiders that have bought Andersons stock in the last two years include James J Pirolli, Joseph E Mcneely, Patrick E Bowe and Stephen F Dowdle. View Insider Buying and Selling for Andersons.

Shares of ANDE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ANDE stock can currently be purchased for approximately $20.78.

Andersons has a market capitalization of $677.43 million and generates $8.17 billion in revenue each year. The basic materials company earns $18.31 million in net income (profit) each year or $1.30 on an earnings per share basis. Andersons employs 1,858 workers across the globe.View Additional Information About Andersons.

The official website for Andersons is http://www.andersonsinc.com/.

Andersons' mailing address is 1947 Briarfield Boulevard, MAUMEE OH, 43537. The basic materials company can be reached via phone at 419-893-5050 or via email at [email protected]