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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Cal-Maine Foods Stock Price, News & Analysis (NASDAQ:CALM)

$49.26
+1.34 (+2.80%)
(As of 12/1/2023 ET)
Compare
Today's Range
$47.74
$49.53
50-Day Range
$44.04
$50.54
52-Week Range
$42.25
$65.32
Volume
769,065 shs
Average Volume
741,215 shs
Market Capitalization
$2.41 billion
P/E Ratio
3.80
Dividend Yield
0.04%
Price Target
$43.50

Cal-Maine Foods MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
11.7% Downside
$43.50 Price Target
Short Interest
Healthy
13.16% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.37
Upright™ Environmental Score
News Sentiment
0.41mentions of Cal-Maine Foods in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-40.38%
From $2.08 to $1.24 Per Share

Overall MarketRank

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

1.80 out of 5 stars

Basic Materials Sector

121st out of 170 stocks

Agricultural Production - Livestock & Animal Specialties Industry

1st out of 1 stocks


CALM stock logo

About Cal-Maine Foods Stock (NASDAQ:CALM)

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 Stock Price History

CALM Stock News Headlines

Cal-Maine Foods, Inc. Issues Statement on Jury Decision
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Expert Ratings for Cal-Maine Foods
The Egg-Price Narrative Gets Scrambled
Cal-Maine: Back To Reality
Cal-Maine Foods, Tesla, On Holding: Trending tickers
Cal-Maine Stock Cracks After Earnings
See More Headlines
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Company Calendar

Last Earnings
10/03/2023
Ex-Dividend for 11/16 Dividend
10/31/2023
Dividend Payable
11/16/2023
Today
12/03/2023
Next Earnings (Estimated)
12/27/2023
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 Target
$43.50
High Stock Price Target
$47.00
Low Stock Price Target
$40.00
Potential Upside/Downside
-11.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$758.02 million
Pretax Margin
28.29%

Debt

Sales & Book Value

Annual Sales
$3.15 billion
Cash Flow
$17.35 per share
Book Value
$32.86 per share

Miscellaneous

Free Float
42,365,000
Market Cap
$2.41 billion
Optionable
Optionable
Beta
-0.04

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Key Executives

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














CALM Stock Analysis - Frequently Asked Questions

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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cal-Maine Foods in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities 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 target for 2024?

1 brokerages have issued twelve-month target prices for Cal-Maine Foods' stock. Their CALM share price targets range from $40.00 to $47.00. On average, they anticipate the company's stock price to reach $43.50 in the next year. This suggests that the stock has a possible downside of 11.7%.
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 on January 1st, 2023. Since then, CALM stock has decreased by 9.5% and is now trading at $49.26.
View the best growth stocks for 2023 here
.

Are investors shorting Cal-Maine Foods?

Cal-Maine Foods saw a decline in short interest in November. As of November 15th, there was short interest totaling 5,340,000 shares, a decline of 5.3% from the October 31st total of 5,640,000 shares. Based on an average daily trading volume, of 831,900 shares, the days-to-cover ratio is presently 6.4 days. Currently, 13.2% of the company's shares are short sold.
View Cal-Maine Foods' Short Interest
.

When is Cal-Maine Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 27th 2023.
View our CALM earnings forecast
.

How were Cal-Maine Foods' earnings last quarter?

Cal-Maine Foods, Inc. (NASDAQ:CALM) announced its quarterly earnings results on Tuesday, October, 3rd. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.31. The basic materials company had revenue of $459.34 million for the quarter, compared to analysts' expectations of $479.52 million. Cal-Maine Foods had a trailing twelve-month return on equity of 41.72% and a net margin of 21.50%. The business's revenue was down 30.2% on a year-over-year basis. During the same quarter last year, the business posted $2.57 EPS.

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

Cal-Maine Foods declared a quarterly dividend on Tuesday, October 31st. Stockholders of record on Wednesday, November 1st will be paid a dividend of $0.006 per share on Thursday, November 16th. This represents a $0.02 annualized dividend and a dividend yield of 0.05%. The ex-dividend date is Tuesday, October 31st.
Read our dividend analysis for CALM
.

Is Cal-Maine Foods a good dividend stock?

Cal-Maine Foods (NASDAQ:CALM) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.05%. The dividend payout ratio is 0.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CALM will have a dividend payout ratio of 1.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CALM.

When did Cal-Maine Foods' stock split?

Cal-Maine Foods shares split before market open on Monday, November 3rd 2014. The 2-1 split was announced on Friday, October 3rd 2014. The newly created 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).

Who are Cal-Maine Foods' major shareholders?

Cal-Maine Foods' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (3.51%), Nuance Investments LLC (3.20%), Corient Private Wealth LLC (1.60%), Northern Trust Corp (1.50%), Bank of New York Mellon Corp (1.44%) and William Blair Investment Management LLC (1.40%). Insiders that own company stock include Charles Jeff Hardin, James E Poole and Letitia Callender Hughes.
View institutional ownership trends
.

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.

This page (NASDAQ:CALM) was last updated on 12/3/2023 by MarketBeat.com Staff

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