Krispy Kreme (DNUT) Stock Forecast, Price & News

9 Wall Street 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 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 price objectives for Krispy Kreme's stock. 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 30.1% 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 shares have increased by 21.4% and is now trading at $12.53.
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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) released its earnings results on Thursday, August, 10th. The company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. The firm had revenue of $408.88 million for 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 announced a quarterly dividend on Friday, September 22nd. Investors of record on Thursday, October 26th will be given a dividend of $0.035 per share on Thursday, November 9th. This represents a $0.14 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Wednesday, October 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 issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of $0.31-$0.34 for the period, compared to the consensus earnings per share 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 initial public offering (IPO) on Thursday, July 1st 2021. The company issued 26,666,667 shares at a price of $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 institutional and retail 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 $12.53.

Krispy Kreme (NASDAQ:DNUT) has a market capitalization of $2.11 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.