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

$119.00
-5.98 (-4.78 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$115.94
Now: $119.00
$124.77
50-Day Range
$106.58
MA: $129.33
$140.56
52-Week Range
$102.13
Now: $119.00
$179.45
Volume377,695 shs
Average Volume672,112 shs
Market Capitalization$2.65 billion
P/E Ratio83.22
Dividend Yield1.02%
Beta0.81
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-packed, chill-packed, bulk-packed, and frozen chicken 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 into 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.44 billion
Cash Flow$8.74 per share
Book Value$61.58 per share

Profitability

Net Income$53.29 million

Miscellaneous

Employees17,055
Market Cap$2.65 billion
Next Earnings Date6/4/2020 (Estimated)
OptionableOptionable

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Sanderson Farms (NASDAQ:SAFM) Frequently Asked Questions

How has Sanderson Farms' stock been impacted by COVID-19 (Coronavirus)?

Sanderson Farms' stock was trading at $123.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SAFM shares have decreased by 3.6% and is now trading at $119.00. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sanderson Farms?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sanderson Farms.

When is Sanderson Farms' next earnings date?

Sanderson Farms is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Sanderson Farms.

How were Sanderson Farms' earnings last quarter?

Sanderson Farms, Inc. (NASDAQ:SAFM) released its quarterly earnings results on Thursday, February, 27th. The company reported ($1.76) EPS for the quarter, missing the consensus estimate of ($1.06) by $0.70. The company had revenue of $823.10 million for the quarter, compared to analysts' expectations of $802.99 million. Sanderson Farms had a net margin of 0.92% and a return on equity of 2.47%. The firm's revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.82) EPS. View Sanderson Farms' earnings history.

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

Sanderson Farms announced a quarterly dividend on Friday, January 17th. Stockholders of record on Tuesday, January 28th will be paid a dividend of $0.32 per share on Tuesday, February 11th. This represents a $1.28 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Monday, January 27th. View Sanderson Farms' dividend history.

How will Sanderson Farms' stock buyback program work?

Sanderson Farms declared that its Board of Directors has initiated a stock buyback plan on Thursday, May 31st 2018, which permits the company to buyback 2,000,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

What price target have analysts set for SAFM?

8 brokers have issued 1-year price objectives for Sanderson Farms' shares. Their forecasts range from $131.00 to $180.00. On average, they anticipate Sanderson Farms' stock price to reach $155.57 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View analysts' price targets for Sanderson Farms.

Has Sanderson Farms been receiving favorable news coverage?

Press coverage about SAFM stock has trended very positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sanderson Farms earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutSanderson Farms.

Are investors shorting Sanderson Farms?

Sanderson Farms saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 2,077,700 shares, a decline of 10.4% from the February 27th total of 2,320,000 shares. Based on an average trading volume of 617,700 shares, the days-to-cover ratio is currently 3.4 days. Approximately 10.4% of the company's shares are sold short. View Sanderson Farms' Current Options Chain.

Who are some of Sanderson Farms' key competitors?

What other stocks do shareholders of Sanderson Farms own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanderson Farms investors own include Pfizer (PFE), Walt Disney (DIS), AT&T (T), Verizon Communications (VZ), QUALCOMM (QCOM), IBM (IBM), Walmart (WMT), Intel (INTC), PepsiCo (PEP) and Starbucks (SBUX).

Who are Sanderson Farms' key executives?

Sanderson Farms' management team includes the following people:
  • Mr. Joe F. Sanderson Jr., Chairman & CEO (Age 71)
  • Mr. Lampkin Butts, Pres, COO & Director (Age 68)
  • Mr. D. Michael Cockrell, CFO, Treasurer & Director (Age 61)
  • Mr. Timothy F. Rigney, Corp. Sec., Chief Accounting Officer & Controller (Age 55)
  • Mr. Brian Romano, Director of Admin. & HR

What is Sanderson Farms' stock symbol?

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

Who are Sanderson Farms' major shareholders?

Sanderson Farms' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.22%), State Street Corp (3.90%), Victory Capital Management Inc. (3.01%), Victory Capital Management Inc. (2.57%), Massachusetts Financial Services Co. MA (2.00%) and Nuance Investments LLC (1.92%). Company insiders that own Sanderson Farms stock include John Bierbusse, Jones Gail Pittman, Lampkin Butts, Phil K Livingston and Robert C Khayat. View institutional ownership trends for Sanderson Farms.

Which major investors are selling Sanderson Farms stock?

SAFM stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Nuance Investments LLC, Lord Abbett & CO. LLC, Victory Capital Management Inc., Massachusetts Financial Services Co. MA, AJO LP, Bank of New York Mellon Corp, and Janus Henderson Group PLC. Company insiders that have sold Sanderson Farms company stock in the last year include Lampkin Butts, Phil K Livingston, and Robert C Khayat. View insider buying and selling activity for Sanderson Farms.

Which major investors are buying Sanderson Farms stock?

SAFM stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Virginia Retirement Systems ET AL, Artemis Investment Management LLP, Scout Investments Inc., AQR Capital Management LLC, Man Group plc, Jacobs Levy Equity Management Inc., and Amundi Pioneer Asset Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Sanderson Farms' stock price today?

One share of SAFM stock can currently be purchased for approximately $119.00.

How big of a company is Sanderson Farms?

Sanderson Farms has a market capitalization of $2.65 billion and generates $3.44 billion in revenue each year. The company earns $53.29 million in net income (profit) each year or $2.51 on an earnings per share basis. Sanderson Farms employs 17,055 workers across the globe. View additional information about Sanderson Farms.

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:  314 (Thanks for Voting!)
Underperform Votes:  388 (Thanks for Voting!)
Total Votes:  702
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 3/29/2020 by MarketBeat.com Staff

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