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NASDAQ:CALM

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

$70.83
-0.22 (-0.31%)
(As of 07/26/2024 ET)
Today's Range
$70.28
$71.74
50-Day Range
$57.97
$71.05
52-Week Range
$42.25
$71.78
Volume
656,542 shs
Average Volume
639,818 shs
Market Capitalization
$3.47 billion
P/E Ratio
12.56
Dividend Yield
5.63%
Price Target
$58.50

Cal-Maine Foods MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
17.4% Downside
$58.50 Price Target
Short Interest
Healthy
5.14% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.37
Upright™ Environmental Score
News Sentiment
0.19mentions of Cal-Maine Foods in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.60 out of 5 stars

Basic Materials Sector

79th out of 175 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

Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Cal-Maine Foods Q4 Earnings Preview
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Cal-Maine Foods (CALM) Set to Announce Earnings on Tuesday
See More Headlines
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Company Calendar

Ex-Dividend for 5/16 Dividend
4/30/2024
Dividend Payable
5/16/2024
Last Earnings
7/23/2024
Today
7/27/2024
Ex-Dividend for 8/20 Dividend
8/05/2024
Dividend Payable
8/20/2024
Next Earnings (Estimated)
10/01/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Agricultural production - livestock & animal specialties
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:CALM
CUSIP
12803020
Employees
2,980
Year Founded
1957

Price Target and Rating

Average Stock Price Target
$58.50
High Stock Price Target
$65.00
Low Stock Price Target
$52.00
Potential Upside/Downside
-17.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$758.02 million
Pretax Margin
15.47%

Debt

Sales & Book Value

Annual Sales
$2.33 billion
Cash Flow
$7.73 per share
Book Value
$36.65 per share

Miscellaneous

Free Float
42,413,000
Market Cap
$3.47 billion
Optionable
Optionable
Beta
-0.10

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Key Executives

  • Mr. Adolphus B. Baker (Age 67)
    Executive Chairman
    Comp: $882.55k
  • Mr. Sherman L. Miller (Age 49)
    CEO, President & Director
    Comp: $984.14k
  • Mr. Max P. Bowman (Age 63)
    VP, CFO, Treasurer, Secretary & Director
    Comp: $812.65k
  • Mr. Michael T. Walters (Age 53)
    VP & COO
    Comp: $534.61k
  • Mr. Robert L. Holladay Jr. (Age 48)
    VP & General Counsel
    Comp: $710.06k
  • Mr. Charles Jeff HardinMr. Charles Jeff Hardin (Age 65)
    Executive Officer
    Comp: $666.89k
  • Mr. Matthew S. Glover
    Vice President of Accounting
  • Mr. Scott Hull
    Senior Vice President of Sales

CALM Stock Analysis - Frequently Asked Questions

How have CALM shares performed this year?

Cal-Maine Foods' stock was trading at $57.39 at the beginning of the year. Since then, CALM stock has increased by 23.4% and is now trading at $70.83.
View the best growth stocks for 2024 here
.

How were Cal-Maine Foods' earnings last quarter?

Cal-Maine Foods, Inc. (NASDAQ:CALM) announced its quarterly earnings data on Tuesday, July, 23rd. The basic materials company reported $2.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.41 by $0.09. The company's revenue was down 4.2% on a year-over-year basis.

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 distributed 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.

Who are Cal-Maine Foods' major shareholders?

Cal-Maine Foods' top institutional investors include Bank of New York Mellon Corp (0.98%), Eldred Rock Partners LLC (0.28%), Wedge Capital Management L L P NC (0.13%) and Allspring Global Investments Holdings LLC (0.09%). Insiders that own company stock include Letitia Callender Hughes, James E Poole and Charles Jeff Hardin.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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

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

This page (NASDAQ:CALM) was last updated on 7/27/2024 by MarketBeat.com Staff

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