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Sanderson Farms Stock Price, Forecast & Analysis (NASDAQ:SAFM)

$161.80
+5.19 (+3.31 %)
(As of 11/13/2019 03:10 AM ET)
Today's Range
$156.00
Now: $161.80
$162.44
50-Day Range
$133.63
MA: $148.41
$161.90
52-Week Range
$93.98
Now: $161.80
$162.44
Volume478,400 shs
Average Volume398,953 shs
Market Capitalization$3.58 billion
P/E Ratio53.58
Dividend Yield0.82%
Beta0.73
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. Read More…

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$3.24 billion
Cash Flow$8.82 per share
Book Value$60.77 per share

Profitability

Net Income$61.43 million

Miscellaneous

Employees15,104
Market Cap$3.58 billion
Next Earnings Date12/19/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Thursday, September 19th. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.32 per share on Tuesday, October 15th. This represents a $1.28 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Monday, September 30th. View Sanderson Farms' Dividend History.

How will Sanderson Farms' stock buyback program work?

Sanderson Farms declared that its Board of Directors has approved a share repurchase program on Thursday, May 31st 2018, which allows the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Sanderson Farms' earnings last quarter?

Sanderson Farms, Inc. (NASDAQ:SAFM) issued its earnings results on Thursday, August, 29th. The company reported $2.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.84 by $0.43. The firm earned $945.10 million during the quarter, compared to analysts' expectations of $970.10 million. Sanderson Farms had a return on equity of 2.86% and a net margin of 0.99%. The business's revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.50 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 19th 2019. View Earnings Estimates for Sanderson Farms.

What price target have analysts set for SAFM?

10 brokers have issued 1-year price objectives for Sanderson Farms' stock. Their forecasts range from $77.00 to $145.00. On average, they expect Sanderson Farms' stock price to reach $125.11 in the next twelve months. This suggests that the stock has a possible downside of 22.7%. 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, "Shares of Sanderson Farms have declined and underperformed the industry in the past three months. We note that the company is struggling with rising freight and feed costs. Speaking of freight costs, during the second quarter of fiscal 2019, the company witnessed high shipping costs along with other costs related to poultry products. Persistence of such high costs may affect the company’s margins in the forthcoming periods. Nevertheless, strong brands as well as growth in poultry products are an upside. In fact, favorable demand for poultry products fueled sales during the second quarter. During the quarter, top line improved and bottom line surpassed the Zacks Consensus Estimates. Further, increasing export sales trend bodes well. Sanderson Farms’ vast product pipeline is also likely to aid sales in the near future." (8/6/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "SAFM is scheduled to report fiscal 4Q18 (Oct) results this Thursday. We expect weak 4Q18 results and for the trend to continue into FY19 owing to an oversupply of chicken (weak demand and to a lesser extent supply growth) which has resulted in a significant decline in chicken prices. With processing capacity slated to expand by ~3% in 2019 and continued weak demand, we remain UW SAFM despite the stock’s underperformance." (12/19/2018)

Has Sanderson Farms been receiving favorable news coverage?

Media headlines about SAFM stock have been trending very negative on Wednesday, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sanderson Farms earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Sanderson Farms.

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 QUALCOMM (QCOM), Alibaba Group (BABA), Walt Disney (DIS), Pfizer (PFE), Walmart (WMT), JPMorgan Chase & Co. (JPM), Mastercard (MA), Intel (INTC), General Electric (GE) and IBM (IBM).

Who are Sanderson Farms' key executives?

Sanderson Farms' management team includes the folowing 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

Who are Sanderson Farms' major shareholders?

Sanderson Farms' stock is owned by many different of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.45%), Artemis Investment Management LLP (1.36%), Chartwell Investment Partners LLC (0.52%), Russell Investments Group Ltd. (0.41%), Retirement Systems of Alabama (0.27%) and Rhumbline Advisers (0.27%). 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 Mackay Shields LLC, SG Americas Securities LLC, Hancock Whitney Corp, Robeco Institutional Asset Management B.V., Keybank National Association OH, Chartwell Investment Partners LLC, Pacer Advisors Inc. and Chicago Equity Partners LLC. Company insiders that have sold Sanderson Farms company stock in the last year include John Bierbusse, Jones Gail Pittman, Lampkin Butts, Phil K Livingston and Robert C Khayat. View Insider Buying and Selling for Sanderson Farms.

Which major investors are buying Sanderson Farms stock?

SAFM stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Artemis Investment Management LLP, Systematic Financial Management LP, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Virginia Retirement Systems ET AL, Sumitomo Mitsui Trust Holdings Inc. and Winthrop Partners WNY LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Sanderson Farms' stock price today?

One share of SAFM stock can currently be purchased for approximately $161.80.

How big of a company is Sanderson Farms?

Sanderson Farms has a market capitalization of $3.58 billion and generates $3.24 billion in revenue each year. The company earns $61.43 million in net income (profit) each year or $3.02 on an earnings per share basis. Sanderson Farms employs 15,104 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:  295 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  656
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 11/13/2019 by MarketBeat.com Staff

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