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

1 Wall Street 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 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.

1 Wall Street research analysts have issued 12-month target prices for Cal-Maine Foods' shares. Their CALM share price forecasts range from $50.00 to $60.00. On average, they predict the company's share price to reach $55.00 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price.
View analysts price targets for CALM or view top-rated stocks among Wall Street analysts.

Cal-Maine Foods' stock was trading at $54.45 on January 1st, 2023. Since then, CALM stock has decreased by 10.7% and is now trading at $48.62.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023.
View our CALM earnings forecast.

Cal-Maine Foods, Inc. (NASDAQ:CALM) released its earnings results on Tuesday, March, 28th. The basic materials company reported $6.62 EPS for the quarter, topping the consensus estimate of $5.09 by $1.53. The basic materials company had revenue of $997.49 million for the quarter, compared to analyst estimates of $898.93 million. Cal-Maine Foods had a trailing twelve-month return on equity of 58.83% and a net margin of 24.82%. Cal-Maine Foods's revenue was up 108.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.81 earnings per share.

Cal-Maine Foods announced a quarterly dividend on Tuesday, March 28th. Investors of record on Wednesday, April 26th will be given a dividend of $2.20 per share on Thursday, May 11th. This represents a $8.80 annualized dividend and a yield of 18.10%. The ex-dividend date of this dividend is Tuesday, April 25th. This is an increase from the stock's previous quarterly dividend of $1.35.
Read our dividend analysis for CALM.

ETFs with the largest weight of Cal-Maine Foods (NASDAQ:CALM) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap Consumer Staples ETF (PSCC), Subversive Food Security ETF (KCAL), Invesco DWA Consumer Staples Momentum ETF (PSL), Invesco Dynamic Food & Beverage ETF (PBJ), Alpha Architect U.S. Quantitative Value ETF (QVAL), WBI Power Factor High Dividend ETF (WBIY) and Pacer US Small Cap Cash Cows 100 ETF (CALF).

Cal-Maine Foods (NASDAQ:CALM) pays an annual dividend of $8.80 per share and currently has a dividend yield of 18.09%. CALM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CALM will have a dividend payout ratio of 177.42% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CALM.

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

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.

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).

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

Cal-Maine Foods' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.33%), Dimensional Fund Advisors LP (3.91%), First Trust Advisors LP (3.20%), Diamond Hill Capital Management Inc. (3.05%), Renaissance Technologies LLC (2.77%) and State Street Corp (2.68%). Insiders that own company stock include Adolphus B Baker, Charles Jeff Hardin, James E Poole, Jean Morris Adams and Letitia Callender Hughes.
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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.
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One share of CALM stock can currently be purchased for approximately $48.62.

Cal-Maine Foods (NASDAQ:CALM) has a market capitalization of $2.38 billion and generates $1.78 billion in revenue each year. The basic materials company earns $132.65 million in net income (profit) each year or $15.51 on an earnings per share basis.

The company employs 2,985 workers across the globe.

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.