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 twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CALM shares.
View CALM analyst ratings or view top-rated stocks.

1 equities research analysts have issued twelve-month target prices for Cal-Maine Foods' shares. Their CALM share price forecasts range from $50.00 to $67.00. On average, they predict the company's stock price to reach $58.50 in the next twelve months. This suggests a possible upside of 7.8% 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 at the start of the year. Since then, CALM stock has decreased by 0.4% and is now trading at $54.25.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 4th 2023.
View our CALM earnings forecast.

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

Cal-Maine Foods announced a quarterly dividend on Wednesday, December 28th. Investors of record on Wednesday, January 25th will be given a dividend of $1.35 per share on Thursday, February 9th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 9.95%. The ex-dividend date is Tuesday, January 24th. This is an increase from the stock's previous quarterly dividend of $0.85.
Read our dividend analysis for CALM.

Cal-Maine Foods (NASDAQ:CALM) pays an annual dividend of $5.40 per share and currently has a dividend yield of 9.92%. 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 109.98% 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's stock 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 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 retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (3.27%), Allspring Global Investments Holdings LLC (0.67%), Pacer Advisors Inc. (0.56%), Diversified Investment Strategies LLC (0.34%), AMJ Financial Wealth Management (0.26%) and TD Asset Management Inc (0.26%). 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 $54.25.

Cal-Maine Foods (NASDAQ:CALM) has a market capitalization of $2.65 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.