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 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CALM shares.
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Cal-Maine Foods' stock was trading at $36.99 on January 1st, 2022. Since then, CALM stock has increased by 39.1% and is now trading at $51.45.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 27th 2022.
View our CALM earnings forecast.

Cal-Maine Foods, Inc. (NASDAQ:CALM) issued its quarterly earnings data on Tuesday, July, 19th. The basic materials company reported $2.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.75. The basic materials company had revenue of $593 million for the quarter, compared to analysts' expectations of $576.06 million. Cal-Maine Foods had a trailing twelve-month return on equity of 12.85% and a net margin of 7.40%. The company's revenue for the quarter was up 69.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.09) earnings per share.

Cal-Maine Foods declared a quarterly dividend on Tuesday, July 19th. Stockholders of record on Monday, August 1st will be paid a dividend of $0.75 per share on Tuesday, August 16th. This represents a $3.00 annualized dividend and a dividend yield of 5.83%. The ex-dividend date of this dividend is Friday, July 29th. This is a positive change from the stock's previous quarterly dividend of $0.03.
Read our dividend analysis for CALM.

Cal-Maine Foods (NASDAQ:CALM) pays an annual dividend of $3.00 per share and currently has a dividend yield of 5.77%. CALM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 110.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CALM will have a dividend payout ratio of 131.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CALM.

Cal-Maine Foods shares split on the morning of 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.

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 a variety of institutional and retail investors. Top institutional investors include Nuance Investments LLC (5.56%), Assenagon Asset Management S.A. (1.03%), Allspring Global Investments Holdings LLC (0.48%), Diversified Investment Strategies LLC (0.34%), Landscape Capital Management L.L.C. (0.21%) and Keating Investment Counselors Inc. (0.15%). Insiders that own company stock include Adolphus B Baker, Charles Jeff Hardin and Jean Morris Adams.
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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 $51.45.

Cal-Maine Foods (NASDAQ:CALM) has a market capitalization of $2.52 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 $2.71 on an earnings per share basis.

The company employs 2,985 workers across the globe.

Cal-Maine Foods was founded in 1957.

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.