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Powerball jackpot rises to $1.04 billion after another drawing without a big winner
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
NASDAQ:CALM

Cal-Maine Foods (CALM) Stock Forecast, Price & News

$48.42
-0.68 (-1.38%)
(As of 09/29/2023 ET)
Compare
Today's Range
$48.27
$49.41
50-Day Range
$44.94
$49.60
52-Week Range
$43.29
$65.32
Volume
536,294 shs
Average Volume
623,181 shs
Market Capitalization
$2.37 billion
P/E Ratio
3.12
Dividend Yield
6.24%
Price Target
$43.50

Cal-Maine Foods MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
10.2% Downside
$43.50 Price Target
Short Interest
Bearish
12.48% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.37
Upright™ Environmental Score
News Sentiment
1.29mentions of Cal-Maine Foods in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-12.79%
From $1.72 to $1.50 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Basic Materials Sector

119th out of 168 stocks

Agricultural Production - Livestock & Animal Specialties Industry

1st out of 1 stocks


CALM stock logo

About Cal-Maine Foods (NASDAQ:CALM) Stock

Cal-Maine Foods, Inc. is a prominent American company specializing in producing, grading, packing, marketing, and distributing fresh shell eggs. Founded in 1969 by Fred R. Adams Jr., the company has established itself as a leader in the egg industry. Cal-Maine Foods is headquartered in Jackson, Mississippi. It operates farms, processing plants, hatcheries, feed mills, warehouses, and offices to support its operations.

With a clear mission to provide high-quality fresh shell eggs to customers, Cal-Maine Foods serves various market segments, including national and regional grocery store chains, club stores, food service distributors, and egg product manufacturers. The company's products primarily cater to consumers in the mid-Atlantic, midwestern, southeastern, and southwestern states, collectively accounting for approximately a quarter of the US egg consumption.

Cal-Maine Foods takes pride in its commitment to quality, sustainability, and meeting the diverse needs of its customers. While focusing on producing fresh shell eggs, the company constantly strives to adapt and innovate to stay competitive. Cal-Maine Foods has earned a reputation as a trusted supplier by remaining true to its mission and consistently delivering quality products.

Sherman L. Miller serves as the President, Chief Executive Officer, and Director of Cal-Maine Foods. With his extensive experience in the industry, Miller brings a wealth of knowledge to his role. As Chief Operating Officer, Todd Walters plays a crucial role in overseeing the day-to-day operations, ensuring efficiency and smooth functioning across the company. 

Cal-Maine Foods has consistently demonstrated strong financial performance over the years, reflecting its position as a leading player in the industry. The company's revenue has held steady over the past few years, showing its ability to meet customer demands and capitalize on market opportunities. The earnings and profit margins have also remained robust, highlighting the company's efficient operations and ability to generate healthy returns.

The fresh egg industry is a crucial part of the broader agricultural sector, with significant consumer demand. Eggs are a staple food item for many households, consumed in various forms such as scrambled, boiled, or used as ingredients in baking and cooking. As a result, companies like Cal-Maine Foods operate in a dynamic industry with its own set of trends, competitors, and regulatory considerations.

There has been a growing emphasis on sustainable and ethical practices within the egg industry. Consumers are increasingly concerned about the welfare of laying hens and the environmental impact of egg production. Cal-Maine Foods has recognized this trend and has made efforts to adhere to industry standards and regulations, ensuring that its operations align with responsible and sustainable practices.

Competition within the fresh egg industry is significant, with several players vying for market share. However, Cal-Maine Foods has established itself as a leader in the industry, leveraging its strong brand reputation, extensive distribution network, and commitment to quality to maintain a competitive edge. The company's ability to consistently deliver fresh and high-quality eggs has secured key customers such as national and regional grocery store chains, club stores, and food service distributors.

Despite the opportunities present in the industry, Cal-Maine Foods also faces challenges and risks that need to be carefully managed. One of the key challenges is the ever-evolving consumer preferences and dietary trends. As consumer demands change, the company must adapt and innovate to meet these shifting needs. This includes exploring opportunities for product diversification, such as offering specialty eggs or organic options to cater to niche markets.

Additionally, regulatory changes can significantly impact the fresh egg industry. Cal-Maine Foods must stay abreast of any new regulations related to food safety, animal welfare, and environmental sustainability to ensure compliance and maintain its reputation as a responsible and trustworthy supplier.

To mitigate these risks, Cal-Maine Foods employs robust risk management strategies. The company invests in research and development to stay ahead of industry trends and consumer preferences. By continuously improving its operations and exploring new technologies, Cal-Maine Foods can enhance efficiency and maintain a competitive advantage by continuously improving its operations and exploring new technologies.

CALM Price History

CALM Stock News Headlines

The Steadiest Dividend Stocks Paying Up to 11%
5 Best REIT Alternatives for Passive Real Estate Income (CALM)
REITs can offer passive income opportunities for many investors, but what are some alternative investments for REITs? Learn more.
[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
Cal-Maine Foods (CALM) to Release Earnings on Tuesday
Cal-Maine Foods (NASDAQ:CALM) Rating Reiterated by Stephens
[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
Cal-Maine Foods: EGGScellent Balance Sheet Worth Owning
How to Invest in Farmland: 7 Simple Ways
Cal-Maine Foods: A Fairly Priced Portfolio Diversifier
Bear of the Day: Cal-Maine Foods, Inc. (CALM)
Cal-Maine Q4 sales jump on higher volumes
Top 20 Countries with Highest Egg Consumption
See More Headlines
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CALM Company Calendar

Last Earnings
7/25/2023
Ex-Dividend for 8/22 Dividend
8/04/2023
Dividend Payable
8/22/2023
Today
10/01/2023
Next Earnings (Confirmed)
10/03/2023
Fiscal Year End
5/31/2024

Industry, Sector and Symbol

Industry
Agricultural production - livestock & animal specialties
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:CALM
CUSIP
12803020
Employees
2,976
Year Founded
1957

Price Target and Rating

Average Stock Price Forecast
$43.50
High Stock Price Forecast
$47.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
-10.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$758.02 million
Pretax Margin
31.74%

Debt

Sales & Book Value

Annual Sales
$3.15 billion
Cash Flow
$16.87 per share
Book Value
$32.86 per share

Miscellaneous

Free Float
42,366,000
Market Cap
$2.37 billion
Optionable
Optionable
Beta
-0.07

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Key Executives

  • Mr. Adolphus B. Baker (Age 66)
    Exec. Chairman
    Comp: $882.55k
  • Mr. Sherman L. Miller (Age 48)
    CEO, Pres & Director
    Comp: $984.14k
  • Mr. Max P. Bowman (Age 62)
    VP, CFO, Sec. & Director
    Comp: $812.65k
  • Mr. Michael T. Walters (Age 52)
    VP & COO
    Comp: $534.61k
  • Mr. Robert L. Holladay Jr. (Age 47)
    VP & Gen. Counsel
    Comp: $710.06k
  • Mr. Charles Jeff Hardin (Age 64)
    Sr. VP of Sales
    Comp: $666.89k
  • Mr. Matt Glover
    VP of Accounting
  • Ms. JiaVonne' Scott
    VP of Treasury













CALM Stock - Frequently Asked Questions

Should I buy or sell Cal-Maine Foods stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cal-Maine Foods in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CALM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CALM, but not buy additional shares or sell existing shares.
View CALM analyst ratings
or view top-rated stocks.

What is Cal-Maine Foods' stock price forecast for 2023?

1 brokerages have issued 12 month price objectives for Cal-Maine Foods' stock. Their CALM share price forecasts range from $40.00 to $47.00. On average, they anticipate the company's share price to reach $43.50 in the next year. This suggests that the stock has a possible downside of 10.2%.
View analysts price targets for CALM
or view top-rated stocks among Wall Street analysts.

How have CALM shares performed in 2023?

Cal-Maine Foods' stock was trading at $54.45 at the beginning of the year. Since then, CALM shares have decreased by 11.1% and is now trading at $48.42.
View the best growth stocks for 2023 here
.

When is Cal-Maine Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 3rd 2023.
View our CALM earnings forecast
.

How were Cal-Maine Foods' earnings last quarter?

Cal-Maine Foods, Inc. (NASDAQ:CALM) announced its quarterly earnings data on Tuesday, July, 25th. The basic materials company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.89. The basic materials company earned $688.70 million during the quarter, compared to analysts' expectations of $612.94 million. Cal-Maine Foods had a trailing twelve-month return on equity of 53.64% and a net margin of 24.09%. The company's revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.25 EPS.

How often does Cal-Maine Foods pay dividends? What is the dividend yield for Cal-Maine Foods?

Cal-Maine Foods announced a quarterly dividend on Sunday, July 23rd. Stockholders of record on Monday, August 7th will be given a dividend of $0.76 per share on Tuesday, August 22nd. This represents a $3.04 annualized dividend and a dividend yield of 6.28%. The ex-dividend date of this dividend is Friday, August 4th.
Read our dividend analysis for CALM
.

Is Cal-Maine Foods a good dividend stock?

Cal-Maine Foods (NASDAQ:CALM) pays an annual dividend of $3.02 per share and currently has a dividend yield of 6.24%. CALM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 19.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CALM will have a dividend payout ratio of 201.33% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CALM.

When did Cal-Maine Foods' stock split?

Cal-Maine Foods's stock split on the morning of Monday, November 3rd 2014. The 2-1 split was announced on Friday, October 3rd 2014. The newly minted shares were payable to shareholders after the closing bell on Friday, October 31st 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Adolphus B. Baker's approval rating as Cal-Maine Foods' CEO?

10 employees have rated Cal-Maine Foods Chief Executive Officer Adolphus B. Baker on Glassdoor.com. Adolphus B. Baker has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Cal-Maine Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cal-Maine Foods investors own include Cisco Systems (CSCO), Micron Technology (MU), AT&T (T), Aerojet Rocketdyne (AJRD), Walt Disney (DIS), General Electric (GE), Kroger (KR), NVIDIA (NVDA), Alibaba Group (BABA) and Gilead Sciences (GILD).

What is Cal-Maine Foods' stock symbol?

Cal-Maine Foods trades on the NASDAQ under the ticker symbol "CALM."

How do I buy shares of Cal-Maine Foods?

Shares of CALM 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.
Compare Top Brokerages Here.

What is Cal-Maine Foods' stock price today?

One share of CALM stock can currently be purchased for approximately $48.42.

How much money does Cal-Maine Foods make?

Cal-Maine Foods (NASDAQ:CALM) has a market capitalization of $2.37 billion and generates $3.15 billion in revenue each year. The basic materials company earns $758.02 million in net income (profit) each year or $15.53 on an earnings per share basis.

How many employees does Cal-Maine Foods have?

The company employs 2,976 workers across the globe.

How can I contact Cal-Maine Foods?

Cal-Maine Foods' mailing address is 3320 Woodrow Wilson Avenue, Jackson MS, 39209. The official website for the company is www.calmainefoods.com. The basic materials company can be reached via phone at (601) 948-6813, via email at ir@cmfoods.com, or via fax at 601-969-0905.

This page (NASDAQ:CALM) was last updated on 10/1/2023 by MarketBeat.com Staff

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