NASDAQ:SAFM - Sanderson Farms Stock Price, News, & Analysis

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$106.76 -1.97 (-1.81 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$108.73
Today's Range$106.40 - $111.25
52-Week Range$95.97 - $176.43
Volume415,800 shs
Average Volume481,089 shs
Market Capitalization$2.42 billion
P/E Ratio8.68
Dividend Yield1.21%
Beta0.38
Sanderson Farms, Inc., an integrated poultry processing company, produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States. The company sells ice pack, chill pack, bulk pack, and frozen chicken in whole, cut-up, and boneless form primarily under the Sanderson Farms brand name to retailers, distributors, and casual dining operators in the southeastern, southwestern, northeastern, and western United States, as well as to customers who resell frozen chicken in the export markets. Its prepared chicken product line includes institutional and consumer packaged partially cooked or marinated chicken items for distributors and food service establishments. Sanderson Farms, Inc. was founded in 1947 and is headquartered in Laurel, Mississippi.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Poultry slaughtering & processing
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNASDAQ:SAFM
Previous Symbol
CUSIP80001310
Phone601-649-4030

Debt

Debt-to-Equity RatioN/A
Current Ratio4.09
Quick Ratio2.59

Price-To-Earnings

Trailing P/E Ratio8.68
Forward P/E Ratio62.80
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.34 billion
Price / Sales0.73
Cash Flow$17.5881 per share
Price / Cash6.07
Book Value$63.00 per share
Price / Book1.69

Profitability

EPS (Most Recent Fiscal Year)$12.30
Net Income$279.74 million
Net Margins5.29%
Return on Equity9.41%
Return on Assets7.98%

Miscellaneous

Employees14,669
Outstanding Shares22,840,000
Market Cap$2.42 billion
OptionableOptionable

Sanderson Farms (NASDAQ:SAFM) Frequently Asked Questions

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 Friday, September 21st. Stockholders of record on Tuesday, October 2nd will be given a dividend of $0.32 per share on Tuesday, October 16th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Monday, October 1st. View Sanderson Farms' Dividend History.

How will Sanderson Farms' stock buyback program work?

Sanderson Farms announced that its board has authorized a share buyback program on Thursday, May 31st 2018, which authorizes the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

How were Sanderson Farms' earnings last quarter?

Sanderson Farms, Inc. (NASDAQ:SAFM) announced its quarterly earnings data on Thursday, August, 23rd. The company reported $0.50 EPS for the quarter, missing the Zacks' consensus estimate of $1.67 by $1.17. The business earned $852.40 million during the quarter, compared to the consensus estimate of $871.06 million. Sanderson Farms had a return on equity of 9.41% and a net margin of 5.29%. The company's quarterly revenue was down 8.5% on a year-over-year basis. During the same period last year, the business earned $5.09 earnings per share. View Sanderson Farms' Earnings History.

When is Sanderson Farms' next earnings date?

Sanderson Farms is scheduled to release their next quarterly earnings announcement on Thursday, December 13th 2018. View Earnings Estimates for Sanderson Farms.

How can I listen to Sanderson Farms' earnings call?

Sanderson Farms will be holding an earnings conference call on Thursday, December 20th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for SAFM?

10 brokerages have issued twelve-month price objectives for Sanderson Farms' stock. Their forecasts range from $77.00 to $115.00. On average, they anticipate Sanderson Farms' share price to reach $98.2222 in the next year. This suggests that the stock has a possible downside of 8.0%. View Analyst Price Targets for Sanderson Farms.

What is the consensus analysts' recommendation for Sanderson Farms?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last year. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sanderson Farms.

What are Wall Street analysts saying about Sanderson Farms stock?

Here are some recent quotes from research analysts about Sanderson Farms stock:
  • 1. According to Zacks Investment Research, "Sanderson Farms has lagged the industry in the past six months due to its dismal surprise history that lingered in third-quarter fiscal 2018. During the quarter, both the top and the bottom lines fell year over year and missed the Zacks Consensus Estimate. This marked the company’s second and fourth straight sales and earnings miss, respectively. Results were hit by low selling prices and increased costs of sales. The company witnessed soft demand for big bird boneless breast meat during the quarter, which, in turn, led to lower prices. Market prices for certain chicken products also declined owing to reduced chicken promotions at food service and retail grocery stores along with competition from other protein suppliers. Also, freight costs continued to rise, thereby hurting margins. Nonetheless, Sanderson Farms’ vast product pipeline is likely to aid sales. Also, the company’s shareholder-friendly moves are noteworthy." (11/15/2018)
  • 2. Jefferies Financial Group Inc analysts commented, "3Q EPS missed our & consensus estimates by ~39% & 61% resp. The lower- than-expected results were mainly driven by lower chicken commodity prices & higher production costs. The weak 3Q results & even weaker YTD 4Q trends validate our concerns of an oversupply of chicken in the US. We are surprised by the stock’s outperformance in recent months and attribute it to an anticipated increase in chicken promotions in the QSR channel, which we view as speculative." (8/23/2018)

Has Sanderson Farms been receiving favorable news coverage?

Media coverage about SAFM stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Sanderson Farms earned a daily sentiment score of 1.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Sanderson Farms' key competitors?

Who are Sanderson Farms' key executives?

Sanderson Farms' management team includes the folowing people:
  • Mr. Joe F. Sanderson Jr., Chairman & CEO (Age 70)
  • Mr. Lampkin Butts, Pres, COO & Director (Age 67)
  • Mr. D. Michael Cockrell, CFO, Treasurer & Director (Age 60)
  • Mr. Timothy F. Rigney, Corp. Sec., Chief Accounting Officer & Controller (Age 54)
  • Mr. Brian Romano, Director of Admin. & HR

Who are Sanderson Farms' major shareholders?

Sanderson Farms' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.02%), Renaissance Technologies LLC (7.83%), Dimensional Fund Advisors LP (6.60%), Nuance Investments LLC (4.69%), Victory Capital Management Inc. (4.31%) and Massachusetts Financial Services Co. MA (2.69%). Company insiders that own Sanderson Farms stock include D Michael Cockrell, Dianne Mooney, Fred L Banks Jr, John Bierbusse, Jones Gail Pittman, Phil K Livingston and Robert C Khayat. View Institutional Ownership Trends for Sanderson Farms.

Which institutional investors are selling Sanderson Farms stock?

SAFM stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Schroder Investment Management Group, Allianz Asset Management GmbH, AQR Capital Management LLC, Wells Fargo & Company MN, Prudential Financial Inc., Acadian Asset Management LLC and Aperio Group LLC. Company insiders that have sold Sanderson Farms company stock in the last year include John Bierbusse, Jones Gail Pittman and Phil K Livingston. View Insider Buying and Selling for Sanderson Farms.

Which institutional investors are buying Sanderson Farms stock?

SAFM stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Victory Capital Management Inc., Nuance Investments LLC, Investment Counselors of Maryland LLC, Matarin Capital Management LLC, Deprince Race & Zollo Inc., Walthausen & Co. LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling for Sanderson Farms.

How do I buy shares of Sanderson Farms?

Shares of SAFM 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, Scottrade, Fidelity and Charles Schwab.

What is Sanderson Farms' stock price today?

One share of SAFM stock can currently be purchased for approximately $106.76.

How big of a company is Sanderson Farms?

Sanderson Farms has a market capitalization of $2.42 billion and generates $3.34 billion in revenue each year. The company earns $279.74 million in net income (profit) each year or $12.30 on an earnings per share basis. Sanderson Farms employs 14,669 workers across the globe.

What is Sanderson Farms' official website?

The official website for Sanderson Farms is http://www.sandersonfarms.com.

How can I contact Sanderson Farms?

Sanderson Farms' mailing address is 127 FLYNT ROAD, LAUREL MS, 39443. The company can be reached via phone at 601-649-4030.


MarketBeat Community Rating for Sanderson Farms (NASDAQ SAFM)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  256 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  574
MarketBeat's community ratings are surveys of what our community members think about Sanderson Farms and other stocks. Vote "Outperform" if you believe SAFM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SAFM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

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