Sanderson Farms Company Profile (NASDAQ:SAFM)

About Sanderson Farms (SAFM)

Sanderson Farms logoSanderson Farms, Inc. is a poultry processing company. The Company is engaged in the production, processing, marketing and distribution of fresh and frozen chicken, and also preparation, processing, marketing and distribution of processed and minimally prepared chicken. It sells ice pack, chill pack, bulk pack and frozen chicken, in whole, cut-up and boneless form, under the Sanderson Farms brand name to retailers, distributors, casual dining operators, customers reselling frozen chicken into export markets. The Company, through its subsidiaries, Sanderson Farms, Inc. (Production Division) and Sanderson Farms, Inc. (Processing Division), conducts its chicken operations. Sanderson Farms, Inc. (Production Division) is engaged in the production of chickens to the broiler-stage. Sanderson Farms, Inc. (Foods Division) is engaged in the processing, sale and distribution of chickens. The Company, through Sanderson Farms, Inc. (Foods Division), conducts its prepared chicken business.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Food - Major Diversified
  • Sub-Industry: Packaged Foods & Meats
  • Exchange: NASDAQ
  • Symbol: SAFM
  • CUSIP: 80001310
Key Metrics:
  • Previous Close: $95.04
  • 50 Day Moving Average: $93.41
  • 200 Day Moving Average: $91.32
  • 52-Week Range: $74.07 - $99.40
  • Trailing P/E Ratio: 11.02
  • Foreward P/E Ratio: 11.96
  • P/E Growth: 0.85
  • Market Cap: $2.23B
  • Outstanding Shares: 22,740,000
  • Beta: 0.34
Profitability:
  • Net Margins: 6.71%
  • Return on Equity: 16.94%
  • Return on Assets: 14.02%
Debt:
  • Current Ratio: 4.14%
  • Quick Ratio: 2.65%

Analyst Ratings

Consensus Ratings for Sanderson Farms (NASDAQ:SAFM) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $91.25 (6.98% downside)

Analysts' Ratings History for Sanderson Farms (NASDAQ:SAFM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/27/2017Jefferies Group LLCReiterated RatingUnderperform$60.00N/AView Rating Details
12/12/2016SidotiUpgradeNeutral -> Buy$112.00N/AView Rating Details
12/5/2016DA DavidsonUpgradeNeutral -> Buy$103.00 -> $98.00N/AView Rating Details
12/2/2016KeyCorpInitiated CoverageSector WeightN/AView Rating Details
5/27/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$96.00 -> $95.00N/AView Rating Details
3/15/2016Goldman Sachs Group IncDowngradeNeutral -> Sell$75.00N/AView Rating Details
2/26/2016BMO Capital MarketsBoost Price TargetMarket Perform$72.00 -> $86.00N/AView Rating Details
5/5/2015StephensUpgradeEqual Weight -> Overweight$95.00N/AView Rating Details
4/24/2015Cleveland ResearchDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 3/23/2015 forward)

Earnings

Earnings History for Sanderson Farms (NASDAQ:SAFM)
Earnings by Quarter for Sanderson Farms (NASDAQ:SAFM)
Earnings History by Quarter for Sanderson Farms (NASDAQ:SAFM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/24/2017        
2/23/2017Q117$1.42$1.02$695.66 million$688.35 millionViewN/AView Earnings Details
12/15/2016Q416$2.66$3.36$790.80 millionViewN/AView Earnings Details
8/25/2016Q316$2.11$2.42$749.76 million$728.00 millionViewListenView Earnings Details
5/26/2016Q216$1.62$2.11$671.61 million$692.10 millionViewListenView Earnings Details
2/25/2016Q116$0.45$0.47$588.77 million$605.20 millionViewListenView Earnings Details
12/17/2015Q415$1.35$1.22$696.98 million$679.60 millionViewListenView Earnings Details
8/25/2015Q315$2.87$2.27$763.03 million$739.90 millionViewListenView Earnings Details
5/28/2015Q215$3.50$3.13$721.34 million$716.60 millionViewListenView Earnings Details
2/24/2015Q115$2.62$2.87$638.92 million$667.40 millionViewN/AView Earnings Details
12/18/2014Q414$3.87$4.04$753.28 million$760.90 millionViewN/AView Earnings Details
8/26/2014Q314$3.82$3.30$766.63 million$768.40 millionViewListenView Earnings Details
5/29/2014Q214$1.68$2.21$620.99 million$660.70 millionViewListenView Earnings Details
2/25/2014Q114$0.85$1.25$573.11 million$584.88 millionViewN/AView Earnings Details
12/17/2013Q413$2.28$1.97$726.38 million$727.10 millionViewListenView Earnings Details
8/27/2013Q3 2013$2.62$2.95$722.45 million$739.00 millionViewN/AView Earnings Details
5/30/2013Q2 2013$0.71$1.06$610.93 million$621.20 millionViewN/AView Earnings Details
2/21/2013Q1 2013($0.31)$559.30 million$605.43 millionViewN/AView Earnings Details
12/18/2012Q4 2012$0.32$0.41$635.75 million$648.40 millionViewN/AView Earnings Details
8/28/2012Q312$1.20$1.25$619.93 million$624.00 millionViewN/AView Earnings Details
5/29/2012$0.85$1.04ViewN/AView Earnings Details
2/28/2012($0.10)($0.36)ViewN/AView Earnings Details
12/20/2011($0.46)($0.70)ViewN/AView Earnings Details
8/25/2011($0.85)($1.86)ViewN/AView Earnings Details
5/24/2011($0.85)($0.56)ViewN/AView Earnings Details
2/24/2011($0.33)($0.87)ViewN/AView Earnings Details
12/14/2010$1.72$2.08$521.13 million$529.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sanderson Farms (NASDAQ:SAFM)
Current Year EPS Consensus Estimate: $8.03 EPS
Next Year EPS Consensus Estimate: $8.20 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.20$1.18$0.63
Q2 20162$1.34$1.39$1.37
Q3 20163$2.47$2.80$2.66
Q4 20163$1.79$2.80$2.33
Q1 20173$1.20$1.34$1.29
Q2 20172$1.16$2.12$1.64
Q3 20173$1.89$2.28$2.13
Q4 20173$2.00$3.50$2.87
Q1 20182$0.87$1.63$1.25
Q2 20182$1.72$1.85$1.79
Q3 20182$1.64$2.56$2.10
Q4 20182$1.39$3.05$2.22
Q1 20191$0.45$0.45$0.45
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sanderson Farms (NASDAQ:SAFM)
Most Recent Dividend:2/14/2017
Annual Dividend:$0.96
Dividend Yield:0.98%
Payout Ratio:11.48% (Trailing 12 Months of Earnings)
11.96% (Based on This Year's Estimates)
11.71% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sanderson Farms (NASDAQ:SAFM)

Dividend History by Quarter for Sanderson Farms (NASDAQ:SAFM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/19/2017quarterly$0.241.06%1/27/20171/31/20172/14/2017
9/22/2016special$1.001.01%9/30/201610/4/201610/18/2016
7/28/2016quarterly$0.221%8/5/20168/9/20168/23/2016
4/28/2016quarterly$0.220.96%5/6/20165/10/20165/24/2016
1/21/2016quarterly$0.221.13%1/29/20162/2/20162/16/2016
9/16/2015special$0.501.27%9/25/20159/29/201510/13/2015
7/23/2015quarterly$0.221.32%7/31/20158/4/20158/18/2015
4/23/2015quarterly$0.221.16%5/1/20155/5/20155/19/2015
1/22/2015quarterly$0.221.06%1/30/20152/3/20152/17/2015
9/18/2014quarterly$0.220.97%9/26/20149/30/201410/14/2014
7/24/2014quarterly$0.200.79%8/1/20148/5/20148/19/2014
4/24/2014quarterly$0.200.98%5/2/20145/6/20145/20/2014
1/23/2014quarterly$0.201.07%1/31/20142/4/20142/18/2014
9/19/2013quarterly$0.201.18%9/27/201310/1/201310/15/2013
7/25/2013quarterly$0.170.96%8/2/20138/6/20138/20/2013
4/25/2013quarterly$0.171.13%5/3/20135/7/20135/21/2013
1/24/2013quarterly$0.171.36%2/1/20132/5/20132/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sanderson Farms (NASDAQ:SAFM)
Insider Ownership Percentage: 5.66%
Institutional Ownership Percentage: 98.46%
Insider Trades by Quarter for Sanderson Farms (NASDAQ:SAFM)
Institutional Ownership by Quarter for Sanderson Farms (NASDAQ:SAFM)
Insider Trades by Quarter for Sanderson Farms (NASDAQ:SAFM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/6/2017Phil K LivingstonDirectorSell1,700$92.58$157,386.00View SEC Filing  
2/24/2017Robert C KhayatDirectorSell1,210$93.81$113,510.10View SEC Filing  
8/26/2016John BierbusseDirectorSell750$97.00$72,750.00View SEC Filing  
6/20/2016Jones Gail PittmanDirectorSell125$82.15$10,268.75View SEC Filing  
3/29/2016John BierbusseDirectorSell750$88.35$66,262.50View SEC Filing  
12/21/2015Jones Gail PittmanDirectorSell325$76.81$24,963.25View SEC Filing  
6/8/2015Beverly W HoganDirectorSell6,824$75.81$517,327.44View SEC Filing  
12/19/2014John BierbusseDirectorSell2,285$85.14$194,544.90View SEC Filing  
6/9/2014Fred L Banks JrDirectorSell2,000$93.74$187,480.00View SEC Filing  
6/5/2014Dianne MooneyDirectorSell6,010$97.37$585,193.70View SEC Filing  
3/28/2014Fred Banks, Jr.DirectorSell2,000$76.50$153,000.00View SEC Filing  
2/28/2014D Michael CockrellCFOSell5,287$77.23$408,315.01View SEC Filing  
2/28/2014Phil LivingstonDirectorSell3,500$77.54$271,390.00View SEC Filing  
2/26/2014Robert KhayatDirectorSell4,608$77.24$355,921.92View SEC Filing  
9/16/2013Phil LivingstonDirectorSell2,000$65.59$131,180.00View SEC Filing  
8/28/2013Phil LivingstonDirectorSell1,000$64.28$64,280.00View SEC Filing  
6/28/2013D Michael CockrellCFOSell2,682$66.86$179,318.52View SEC Filing  
6/13/2013Lampkin ButtsCOOSell11,000$70.01$770,110.00View SEC Filing  
6/12/2013Lampkin ButtsCOOSell10,000$71.18$711,800.00View SEC Filing  
6/10/2013Dianne MooneyDirectorSell5,040$71.13$358,495.20View SEC Filing  
5/31/2013John BierbusseDirectorSell1,756$69.16$121,444.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sanderson Farms (NASDAQ:SAFM)
Latest Headlines for Sanderson Farms (NASDAQ:SAFM)
Source:
DateHeadline
prnewswire.com logoTechnical Reports on Food Equities -- WhiteWave, Post Holdings, Sanderson, and Cal-Maine (NASDAQ:SAFM)
www.prnewswire.com - March 23 at 8:15 AM
businesswire.com logoSanderson Farms, Inc. Announces Site for New Poultry Complex in ... - Business Wire (press release) (NASDAQ:SAFM)
www.businesswire.com - March 16 at 3:19 PM
finance.yahoo.com logoSanderson Farms, Inc. Announces Site for New Poultry Complex in Texas (NASDAQ:SAFM)
finance.yahoo.com - March 16 at 3:19 PM
finance.yahoo.com logo11:21 am Sanderson Farms announces that sites located in Smith and Wood Counties, Texas, have been tentatively selected for construction of a new feed mill, hatchery, poultry processing plant and waste water treatment facility (NASDAQ:SAFM)
finance.yahoo.com - March 16 at 3:19 PM
feeds.benzinga.com logoDo Avian Flu Scares Impact Chicken Stocks? (NASDAQ:SAFM)
feeds.benzinga.com - March 8 at 9:19 AM
sg.finance.yahoo.com logoBird flu found at Tyson Foods chicken supplier (NASDAQ:SAFM)
us.rd.yahoo.com - March 6 at 6:57 PM
seekingalpha.com logoAvian flu case sends SAFM and PPC lower - Seeking Alpha (NASDAQ:SAFM)
seekingalpha.com - March 6 at 11:20 AM
finance.yahoo.com logoIs Sanderson Farms a Great Stock for Value Investors? (NASDAQ:SAFM)
finance.yahoo.com - March 6 at 11:20 AM
marketwatch.com logoWhat Apple and a chicken processor have in common for this fund manager - MarketWatch (NASDAQ:SAFM)
www.marketwatch.com - March 2 at 8:03 AM
marketwatch.com logoWhat Apple and a chicken processor have in common for this fund manager (NASDAQ:SAFM)
www.marketwatch.com - March 2 at 8:03 AM
finance.yahoo.com logoSANDERSON FARMS INC Financials (NASDAQ:SAFM)
finance.yahoo.com - February 28 at 7:19 PM
biz.yahoo.com logoSANDERSON FARMS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NASDAQ:SAFM)
biz.yahoo.com - February 28 at 12:10 PM
finance.yahoo.com logoEdited Transcript of SAFM earnings conference call or presentation 23-Feb-17 4:00pm GMT (NASDAQ:SAFM)
finance.yahoo.com - February 24 at 5:26 AM
streetinsider.com logoSanderson Farms (SAFM) Misses Q1 EPS by 40c (NASDAQ:SAFM)
www.streetinsider.com - February 23 at 7:50 PM
rttnews.com logoSanderson Farms Q1 Profit Surges (NASDAQ:SAFM)
www.rttnews.com - February 23 at 7:50 PM
seekingalpha.com logoSanderson Farms (SAFM) Q1 2017 Results - Earnings Call Transcript (NASDAQ:SAFM)
seekingalpha.com - February 23 at 7:50 PM
us.rd.yahoo.com logoSanderson Farms, Inc. Reports Results for First Quarter of Fiscal 2017 (NASDAQ:SAFM)
us.rd.yahoo.com - February 23 at 7:50 PM
us.rd.yahoo.com logo7:01 am Sanderson Farms misses by $0.16, reports revs in-line (NASDAQ:SAFM)
us.rd.yahoo.com - February 23 at 7:50 PM
biz.yahoo.com logoQ1 2017 Sanderson Farms Inc Earnings Release - Before Market Open (NASDAQ:SAFM)
us.rd.yahoo.com - February 23 at 7:50 PM
biz.yahoo.com logoSANDERSON FARMS INC Files SEC form 10-Q, Quarterly Report (NASDAQ:SAFM)
biz.yahoo.com - February 23 at 7:50 PM
streetinsider.com logoSanderson Farms (SAFM) Misses Q1 EPS by 40c - StreetInsider.com (NASDAQ:SAFM)
www.streetinsider.com - February 23 at 8:11 AM
feeds.benzinga.com logoKeep an Eye on These 12 Stocks for February 23, 2017 (NASDAQ:SAFM)
feeds.benzinga.com - February 23 at 6:16 AM
biz.yahoo.com logoSANDERSON FARMS INC Files SEC form 8-K, Other Events (NASDAQ:SAFM)
biz.yahoo.com - February 22 at 7:51 PM
biz.yahoo.com logoSANDERSON FARMS INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:SAFM)
biz.yahoo.com - February 15 at 1:47 AM
businesswire.com logoSanderson Farms, Inc. Holds Annual Meeting of Stockholders - Business Wire (press release) (NASDAQ:SAFM)
www.businesswire.com - February 10 at 11:29 PM
finance.yahoo.com logoSanderson Farms faces shareholder vote on curbing antibiotic use (NASDAQ:SAFM)
finance.yahoo.com - February 10 at 1:34 AM
finance.yahoo.com logoSanderson Farms, Inc. Holds Annual Meeting of Stockholders (NASDAQ:SAFM)
finance.yahoo.com - February 10 at 1:34 AM
finance.yahoo.com logoSanderson Farms shareholder proposal on antibiotics fails (NASDAQ:SAFM)
finance.yahoo.com - February 10 at 1:34 AM
finance.yahoo.com logoSanderson Farms, Inc. to Host Its First Quarter Fiscal 2017 Conference Call (NASDAQ:SAFM)
finance.yahoo.com - February 8 at 12:31 AM
nasdaq.com logoUPDATE 4-Tyson reveals subpoena linked to alleged price fixing - Nasdaq (NASDAQ:SAFM)
www.nasdaq.com - February 6 at 7:45 PM
finance.yahoo.com logoTyson Foods (TSN) to Report Q1 Earnings: What Lies in Store? (NASDAQ:SAFM)
finance.yahoo.com - February 2 at 12:36 AM
nasdaq.com logoSAFM Makes Notable Cross Below Critical Moving Average (NASDAQ:SAFM)
www.nasdaq.com - January 30 at 8:57 PM

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Frequently Asked Questions for Sanderson Farms (NASDAQ:SAFM)

What is Sanderson Farms' stock symbol?

Sanderson Farms trades on the NASDAQ under the ticker symbol "SAFM."

How often does Sanderson Farms pay dividends? What is the dividend yield for Sanderson Farms?

Sanderson Farms announced a quarterly dividend on Thursday, January 19th. Shareholders of record on Tuesday, January 31st will be given a dividend of $0.24 per share on Tuesday, February 14th. This represents a $0.96 annualized dividend and a dividend yield of 0.98%. The ex-dividend date of this dividend is Friday, January 27th. This is a boost from Sanderson Farms's previous quarterly dividend of $0.22.

How were Sanderson Farms' earnings last quarter?

Sanderson Farms, Inc. (NASDAQ:SAFM) released its quarterly earnings data on Thursday, February, 23rd. The company reported $1.02 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.42 by $0.40. The business had revenue of $688.35 million for the quarter, compared to analyst estimates of $695.66 million. Sanderson Farms had a return on equity of 16.94% and a net margin of 6.71%. The business's revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 EPS.

When will Sanderson Farms make its next earnings announcement?

Sanderson Farms is scheduled to release their next quarterly earnings announcement on Wednesday, May, 24th 2017.

Where is Sanderson Farms' stock going? Where will Sanderson Farms' stock price be in 2017?

4 brokers have issued 1-year price objectives for Sanderson Farms' shares. Their predictions range from $60.00 to $112.00. On average, they anticipate Sanderson Farms' stock price to reach $91.25 in the next year.

What are analysts saying about Sanderson Farms stock?

Here are some recent quotes from research analysts about Sanderson Farms stock:

  • 1. Jefferies Group LLC analysts commented, "We maintain our negative bias on NT industry fundamentals as leading indicators point to acceleration in supply growth in the coming months. Additionally, declining retail beef & pork prices are likely to drive a slowdown in chicken demand. These factors combined with the stock's current high valuation keep us wary of potential downside risk. We are maintaining our Underperform rating." (2/27/2017)
  • 2. According to Zacks Investment Research, "Snderson Farms Inc. is a fully-integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. The company sells ice pack, chill pack and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms7 brand name to retailers, distributors, and fast food operators principally in the southeastern, southwestern and western United States. " (1/18/2017)

Who owns Sanderson Farms stock?

Sanderson Farms' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock, Inc (10.40%), Renaissance Technologies LLC (4.25%), Dimensional Fund Advisors LP (4.24%), Royce & Associates LP (2.12%), Allianz Asset Management AG (2.03%) and State Street Corp (2.01%). Company insiders that own Sanderson Farms stock include Beverly W Hogan, John Bierbusse, Jones Gail Pittman, Phil K Livingston and Robert C Khayat.

Who sold Sanderson Farms stock? Who is selling Sanderson Farms stock?

Sanderson Farms' stock was sold by a variety of institutional investors in the last quarter, including RidgeWorth Capital Management LLC, Allianz Asset Management AG, O Shaughnessy Asset Management LLC, Royce & Associates LP, AQR Capital Management LLC, Franklin Resources Inc., Federated Investors Inc. PA and Cantab Capital Partners LLP. Company insiders that have sold Sanderson Farms stock in the last year include John Bierbusse, Jones Gail Pittman, Phil K Livingston and Robert C Khayat.

Who bought Sanderson Farms stock? Who is buying Sanderson Farms stock?

Sanderson Farms' stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, Norges Bank, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Dimensional Fund Advisors LP, Numeric Investors LLC, State Street Corp and A.R.T. Advisors LLC.

How do I buy Sanderson Farms stock?

Shares of Sanderson Farms can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Sanderson Farms stock cost?

One share of Sanderson Farms stock can currently be purchased for approximately $98.10.

Sanderson Farms (SAFM) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff