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

1 Wall Street 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 research analysts is that investors should "buy" CALM shares.
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1 brokerages 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 anticipate the company's stock price to reach $58.50 in the next year. This suggests that the stock has a possible downside of 0.8%.
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Cal-Maine Foods' stock was trading at $36.99 at the beginning of the year. Since then, CALM shares have increased by 59.4% and is now trading at $58.95.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 27th 2022.
View our CALM earnings forecast.

Cal-Maine Foods, Inc. (NASDAQ:CALM) posted its quarterly earnings results on Tuesday, September, 27th. The basic materials company reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.17. The basic materials company earned $658.34 million during the quarter, compared to analysts' expectations of $617.40 million. Cal-Maine Foods had a net margin of 13.02% and a trailing twelve-month return on equity of 25.55%. The firm's quarterly revenue was up 102.6% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.37) EPS.

Cal-Maine Foods declared a quarterly dividend on Tuesday, September 27th. Investors of record on Wednesday, October 26th will be given a dividend of $0.85 per share on Thursday, November 10th. This represents a $3.40 annualized dividend and a dividend yield of 5.77%. The ex-dividend date is Tuesday, October 25th. This is a boost from the stock's previous quarterly dividend of $0.75.
Read our dividend analysis for CALM.

Cal-Maine Foods (NASDAQ:CALM) pays an annual dividend of $3.41 per share and currently has a dividend yield of 5.75%. 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 60.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CALM will have a dividend payout ratio of 108.25% 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 issued 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.66%), Vanguard Group Inc. (10.20%), State Street Corp (3.63%), Dimensional Fund Advisors LP (3.51%), Diamond Hill Capital Management Inc. (3.36%) and Renaissance Technologies LLC (2.96%). Insiders that own company stock include Adolphus B Baker, Charles Jeff Hardin, James E Poole 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 $58.95.

Cal-Maine Foods (NASDAQ:CALM) has a market capitalization of $2.88 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 $5.65 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.