Kraft Heinz Stock Price, Forecast & Analysis (NASDAQ:KHC)

Kraft Heinz trades on the NASDAQ under the ticker symbol "KHC."

Kraft Heinz declared a quarterly dividend on Thursday, October 31st. Stockholders of record on Friday, November 15th will be given a dividend of $0.40 per share on Friday, December 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date of this dividend is Thursday, November 14th. View Kraft Heinz's Dividend History.

Kraft Heinz Co (NASDAQ:KHC) posted its quarterly earnings results on Thursday, October, 31st. The company reported $0.69 EPS for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.15. The company earned $6.08 billion during the quarter, compared to analysts' expectations of $6.13 billion. Kraft Heinz had a positive return on equity of 6.23% and a negative net margin of 42.85%. The business's quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.78 earnings per share. View Kraft Heinz's Earnings History.

Kraft Heinz is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Kraft Heinz.

20 Wall Street analysts have issued 12 month target prices for Kraft Heinz's stock. Their forecasts range from $25.00 to $60.00. On average, they anticipate Kraft Heinz's stock price to reach $34.21 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for Kraft Heinz.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kraft Heinz in the last year. There are currently 4 sell ratings, 15 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kraft Heinz.

News stories about KHC stock have been trending very negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kraft Heinz earned a coverage optimism score of -3.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Kraft Heinz.

Kraft Heinz saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 16,600,000 shares, a decline of 9.2% from the September 30th total of 18,280,000 shares. Based on an average trading volume of 7,880,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.7% of the shares of the company are short sold. View Kraft Heinz's Current Options Chain.

Some companies that are related to Kraft Heinz include Lamb Weston (LW), Lancaster Colony (LANC), TreeHouse Foods (THS), Armanino Foods Of Distinction (AMNF), Barfresh Food Group (BRFH) and Future Fintech Group (FTFT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kraft Heinz investors own include AT&T (T), General Electric (GE), Altria Group (MO), Verizon Communications (VZ), Bank of America (BAC), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Pfizer (PFE), Boeing (BA) and Intel (INTC).

Kraft Heinz's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.44%), Newport Trust Co (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), California Public Employees Retirement System (0.12%), Alps Advisors Inc. (0.10%) and Rhumbline Advisers (0.09%). Company insiders that own Kraft Heinz stock include Damme Alexandre Van, Eduardo Pelleissone, Global Food Holdings Lp 3G, Jorge P Lemann and Mackey J Mcdonald. View Institutional Ownership Trends for Kraft Heinz.

KHC stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Gabelli Funds LLC, Greylin Investment Mangement Inc., CORDA Investment Management LLC., State of New Jersey Common Pension Fund D, Janney Montgomery Scott LLC, Great West Life Assurance Co. Can and Berkshire Asset Management LLC PA. View Insider Buying and Selling for Kraft Heinz.

KHC stock was bought by a variety of institutional investors in the last quarter, including Newport Trust Co, Commerzbank Aktiengesellschaft FI, SG Americas Securities LLC, Robeco Institutional Asset Management B.V., Centre Asset Management LLC, California Public Employees Retirement System, Country Trust Bank and Segantii Capital Management Ltd. Company insiders that have bought Kraft Heinz stock in the last two years include Damme Alexandre Van, Jorge P Lemann and Mackey J Mcdonald. View Insider Buying and Selling for Kraft Heinz.

Shares of KHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of KHC stock can currently be purchased for approximately $31.01.

Kraft Heinz has a market capitalization of $37.87 billion and generates $26.26 billion in revenue each year. The company earns $-10,192,000,000.00 in net income (profit) each year or $3.53 on an earnings per share basis. Kraft Heinz employs 38,000 workers across the globe.View Additional Information About Kraft Heinz.

The official website for Kraft Heinz is http://www.kraftheinzcompany.com/.

Kraft Heinz's mailing address is ONE PPG PLACE, PITTSBURGH PA, 15222. The company can be reached via phone at 412-456-5700 or via email at [email protected]