Sanderson Farms Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Sanderson Farms stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAFM, but not buy additional shares or sell existing shares.
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Sanderson Farms saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 306,800 shares, a drop of 25.1% from the May 13th total of 409,400 shares. Based on an average daily volume of 171,700 shares, the short-interest ratio is currently 1.8 days. Approximately 1.5% of the company's shares are sold short.
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Sanderson Farms is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for Sanderson Farms.

Sanderson Farms, Inc. (NASDAQ:SAFM) announced its quarterly earnings results on Wednesday, May, 26th. The company reported $4.34 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.29 by $2.05. The company earned $1.13 billion during the quarter, compared to analysts' expectations of $1.05 billion. Sanderson Farms had a net margin of 4.24% and a trailing twelve-month return on equity of 11.43%. Sanderson Farms's revenue was up 34.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($1.43) EPS.
View Sanderson Farms' earnings history.

Sanderson Farms' stock was trading at $123.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SAFM shares have increased by 32.5% and is now trading at $163.62.
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Sanderson Farms declared a quarterly dividend on Friday, April 23rd. Investors of record on Tuesday, May 4th will be given a dividend of $0.44 per share on Tuesday, May 18th. This represents a $1.76 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Monday, May 3rd.
View Sanderson Farms' dividend history.

Sanderson Farms pays an annual dividend of $1.76 per share and currently has a dividend yield of 1.06%.
View Sanderson Farms' dividend history.

6 brokerages have issued 12 month price targets for Sanderson Farms' stock. Their forecasts range from $140.00 to $195.00. On average, they anticipate Sanderson Farms' share price to reach $161.33 in the next twelve months. This suggests that the stock has a possible downside of 1.4%.
View analysts' price targets for Sanderson Farms or view top-rated stocks among Wall Street analysts.

125 employees have rated Sanderson Farms CEO Joe F. Sanderson Jr. on Glassdoor.com. Joe F. Sanderson Jr. has an approval rating of 81% among Sanderson Farms' employees.

Some companies that are related to Sanderson Farms include Mondelez International (MDLZ), General Mills (GIS), The Hershey (HSY), Tyson Foods (TSN), Hormel Foods (HRL), McCormick & Company, Incorporated (MKC), Kellogg (K), Conagra Brands (CAG), The J. M. Smucker (SJM), Campbell Soup (CPB), Post (POST), Pilgrim's Pride (PPC), Lancaster Colony (LANC), Flowers Foods (FLO) and Seaboard (SEB).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Sanderson Farms investors own include Walmart (WMT), The Walt Disney (DIS), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), PepsiCo (PEP), QUALCOMM (QCOM) and NVIDIA (NVDA).

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

Sanderson Farms' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.39%), Nuance Investments LLC (7.80%), Price T Rowe Associates Inc. MD (4.90%), Victory Capital Management Inc. (3.79%), Massachusetts Financial Services Co. MA (3.51%) and Dimensional Fund Advisors LP (3.08%). Company insiders that own Sanderson Farms stock include John Bierbusse, Lampkin Butts, Phil K Livingston, Robert C Khayat and Toni D Cooley.
View institutional ownership trends for Sanderson Farms.

SAFM stock was sold by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Price T Rowe Associates Inc. MD, Janus Henderson Group PLC, Renaissance Technologies LLC, Weiss Multi Strategy Advisers LLC, Point72 Asset Management L.P., Royal Bank of Canada, and Morgan Stanley. Company insiders that have sold Sanderson Farms company stock in the last year include John Bierbusse, Phil K Livingston, and Toni D Cooley.
View insider buying and selling activity for Sanderson Farms or view top insider-selling stocks.

SAFM stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Nuveen Asset Management LLC, BlackRock Inc., Victory Capital Management Inc., Panagora Asset Management Inc., Arrowstreet Capital Limited Partnership, Geode Capital Management LLC, and JPMorgan Chase & Co..
View insider buying and selling activity for Sanderson Farms or or view top insider-buying stocks.

Shares of SAFM 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 SAFM stock can currently be purchased for approximately $163.62.

Sanderson Farms has a market capitalization of $3.65 billion and generates $3.56 billion in revenue each year. The company earns $28.27 million in net income (profit) each year or ($0.41) on an earnings per share basis.

Sanderson Farms employs 17,445 workers across the globe.

Sanderson Farms was founded in 1947.

The official website for Sanderson Farms is www.sandersonfarms.com.

Sanderson Farms is headquartered at 127 FLYNT ROAD, LAUREL MS, 39443.

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