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

1 Wall Street equities research 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 equities research analysts is that investors should "buy" CALM shares.
View CALM analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1-year target prices for Cal-Maine Foods' shares. Their CALM share price forecasts range from $50.00 to $67.00. On average, they expect the company's share price to reach $58.50 in the next twelve months. This suggests a possible upside of 7.4% 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 increased by 0.0% and is now trading at $54.46.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 28th 2023.
View our CALM earnings forecast.

Cal-Maine Foods, Inc. (NASDAQ:CALM) issued its earnings results on Wednesday, December, 28th. The basic materials company reported $4.07 earnings per share for the quarter, missing analysts' consensus estimates of $4.30 by $0.23. The basic materials company earned $801.70 million during the quarter. Cal-Maine Foods had a net margin of 18.71% and a trailing twelve-month return on equity of 40.78%.

Cal-Maine Foods announced a quarterly dividend on Wednesday, December 28th. Investors of record on Wednesday, January 25th will be paid a dividend of $1.35 per share on Thursday, February 9th. This represents a $5.40 annualized dividend and a yield of 9.92%. The ex-dividend date of this dividend is Tuesday, January 24th. This is a positive change from the stock's previous quarterly dividend of $0.85.
Read our dividend analysis for CALM.

ETFs with the largest weight of Cal-Maine Foods (NASDAQ:CALM) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), Aztlan Global Stock Selection DM SMID ETF (AZTD), Invesco Dynamic Food & Beverage ETF (PBJ), WBI Power Factor High Dividend ETF (WBIY), Alpha Architect U.S. Quantitative Value ETF (QVAL), Pacer US Small Cap Cash Cows 100 ETF (CALF), KFA Value Line Dynamic Core Equity Index ETF (KVLE) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD).

Cal-Maine Foods (NASDAQ:CALM) pays an annual dividend of $5.40 per share and currently has a dividend yield of 10.03%. 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 55.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CALM will have a dividend payout ratio of 102.27% 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 distributed 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 shareholders include Dimensional Fund Advisors LP (3.68%), Millennium Management LLC (3.28%), Diamond Hill Capital Management Inc. (3.27%), Renaissance Technologies LLC (2.88%), First Trust Advisors LP (2.50%) and Avalon Investment & Advisory (1.70%). 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 $54.46.

Cal-Maine Foods (NASDAQ:CALM) has a market capitalization of $2.66 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 $9.70 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.