Krispy Kreme (DNUT) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Krispy Kreme in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DNUT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DNUT, but not buy additional shares or sell existing shares.
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9 brokers have issued 1-year target prices for Krispy Kreme's shares. Their DNUT share price forecasts range from $13.00 to $20.00. On average, they anticipate the company's share price to reach $16.30 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price.
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Krispy Kreme's stock was trading at $10.32 at the start of the year. Since then, DNUT stock has increased by 23.9% and is now trading at $12.79.
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Krispy Kreme saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,470,000 shares, an increase of 7.6% from the August 15th total of 7,870,000 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio is currently 8.4 days. Currently, 11.2% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023.
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Krispy Kreme, Inc. (NASDAQ:DNUT) posted its quarterly earnings data on Thursday, August, 10th. The company reported $0.04 EPS for the quarter, hitting analysts' consensus estimates of $0.04. The company earned $408.88 million during the quarter, compared to analysts' expectations of $408.89 million. Krispy Kreme had a positive trailing twelve-month return on equity of 1.65% and a negative net margin of 0.98%.

Krispy Kreme declared a quarterly dividend on Wednesday, May 10th. Shareholders of record on Wednesday, July 26th will be given a dividend of $0.035 per share on Wednesday, August 9th. This represents a $0.14 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Tuesday, July 25th.
Read our dividend analysis for DNUT.

Krispy Kreme (NASDAQ:DNUT) pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.09%.
Read our dividend analysis for DNUT.

Krispy Kreme updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $0.31-$0.34 for the period, compared to the consensus estimate of $0.33. The company issued revenue guidance of $1.65 billion-$1.68 billion, compared to the consensus revenue estimate of $1.69 billion.

(DNUT) raised $600 million in an IPO on Thursday, July 1st 2021. The company issued 26,666,667 shares at $21.00-$24.00 per share.

Krispy Kreme trades on the NASDAQ under the ticker symbol "DNUT."

Krispy Kreme's stock is owned by many different retail and institutional investors. Top institutional shareholders include Banco Santander S.A. (4.04%), BlackRock Inc. (3.29%), State Street Corp (0.99%), Geode Capital Management LLC (0.99%), Dimensional Fund Advisors LP (0.71%) and Northern Trust Corp (0.43%). Insiders that own company stock include Debbie Sharell Roberts, Holdings BV Jab, Indulgence BV Jab, Michael J Tattersfield, Michael J Tattersfield and Olivier Goudet.
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Shares of DNUT 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 DNUT stock can currently be purchased for approximately $12.79.

Krispy Kreme (NASDAQ:DNUT) has a market capitalization of $2.15 billion and generates $1.53 billion in revenue each year. The company earns $-15,620,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis.

The company employs 23,500 workers across the globe.

Krispy Kreme's mailing address is 2116 HAWKINS STREET, CHARLOTTE NC, 28203. The official website for the company is www.krispykreme.com. The company can be reached via phone at 800-457-4779 or via email at rballew@krispykreme.com.