NASDAQ:SAFM - Sanderson Farms Stock Price, News, Headlines & Rumors

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$107.59 +1.97 (+1.87 %)
(As of 08/17/2018 01:19 PM ET)
Previous Close$105.25
Today's Range$105.00 - $108.17
52-Week Range$95.97 - $176.43
Volume13,181 shs
Average Volume491,023 shs
Market Capitalization$2.35 billion
P/E Ratio8.73
Dividend Yield1.27%
Beta0.33
Sanderson Farms logoSanderson 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
SymbolNASDAQ:SAFM
CUSIP80001310
Phone601-649-4030

Debt

Debt-to-Equity RatioN/A
Current Ratio4.64
Quick Ratio3.10

Price-To-Earnings

Trailing P/E Ratio8.73
Forward P/E Ratio17.81
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.34 billion
Price / Sales0.74
Cash Flow$18.2356 per share
Price / Cash5.90
Book Value$63.00 per share
Price / Book1.71

Profitability

EPS (Most Recent Fiscal Year)$12.30
Net Income$279.74 million
Net Margins8.20%
Return on Equity16.79%
Return on Assets14.09%

Miscellaneous

Employees14,669
Outstanding Shares22,840,000
Market Cap$2.35 billion

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 Thursday, July 19th. Investors of record on Tuesday, July 31st will be paid a dividend of $0.32 per share on Tuesday, August 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Monday, July 30th. View Sanderson Farms' Dividend History.

How will Sanderson Farms' stock buyback program work?

Sanderson Farms announced that its board has initiated a share repurchase program on Thursday, May 31st 2018, which permits the company to repurchase 2,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

How were Sanderson Farms' earnings last quarter?

Sanderson Farms, Inc. (NASDAQ:SAFM) released its earnings results on Thursday, May, 24th. The company reported $1.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.51 by $0.67. The firm earned $813.50 million during the quarter, compared to the consensus estimate of $839.64 million. Sanderson Farms had a net margin of 8.20% and a return on equity of 16.79%. The company's quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.94 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, August, 23rd 2018. View Earnings Estimates for Sanderson Farms.

What price target have analysts set for SAFM?

9 brokerages have issued twelve-month price objectives for Sanderson Farms' shares. Their forecasts range from $89.00 to $170.00. On average, they anticipate Sanderson Farms' share price to reach $110.25 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Price Targets for Sanderson Farms.

What is the consensus analysts' recommendation for Sanderson Farms?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sanderson Farms.

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

Has Sanderson Farms been receiving favorable news coverage?

News headlines about SAFM stock have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sanderson Farms earned a news and rumor sentiment score of 0.21 on Accern's scale. They also gave news headlines about the company an impact score of 46.69 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Sanderson Farms.

Who are Sanderson Farms' major shareholders?

Sanderson Farms' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.14%), Renaissance Technologies LLC (7.84%), Dimensional Fund Advisors LP (6.32%), LSV Asset Management (4.95%), Nuance Investments LLC (3.42%) and Victory Capital Management Inc. (3.00%). 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 Acadian Asset Management LLC, Scopia Capital Management LP, Bank of New York Mellon Corp, Russell Investments Group Ltd., James Investment Research Inc., Canada Pension Plan Investment Board, Schwab Charles Investment Management Inc. and Wells Fargo & Company MN. Company insiders that have sold Sanderson Farms company stock in the last year include Fred L Banks Jr, John Bierbusse, Jones Gail Pittman and Robert C Khayat. View Insider Buying and Selling for Sanderson Farms.

Which institutional investors are buying Sanderson Farms stock?

SAFM stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Nuance Investments LLC, Millennium Management LLC, Massachusetts Financial Services Co. MA, Hodges Capital Management Inc., BlackRock Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Engineers Gate Manager 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 $107.59.

How big of a company is Sanderson Farms?

Sanderson Farms has a market capitalization of $2.35 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.

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:  236 (Vote Outperform)
Underperform Votes:  303 (Vote Underperform)
Total Votes:  539
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 8/17/2018 by MarketBeat.com Staff

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