Sanderson Farms Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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.
View analyst ratings for Sanderson Farms or view top-rated stocks.

Wall Street analysts have given Sanderson Farms a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sanderson Farms wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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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) issued its quarterly earnings data on Wednesday, May, 26th. The company reported $4.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.29 by $2.05. The company had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.05 billion. Sanderson Farms had a trailing twelve-month return on equity of 11.43% and a net margin of 4.24%. The firm's revenue for the quarter was up 34.2% on a year-over-year basis. During the same period last 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SAFM stock has increased by 50.4% and is now trading at $185.77.
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Sanderson Farms declared a quarterly dividend on Friday, July 23rd. Stockholders of record on Tuesday, August 3rd will be given a dividend of $0.44 per share on Tuesday, August 17th. This represents a $1.76 annualized dividend and a yield of 0.95%. The ex-dividend date is Monday, August 2nd.
View Sanderson Farms' dividend history.

Sanderson Farms pays an annual dividend of $1.76 per share and currently has a dividend yield of 0.97%.
View Sanderson Farms' dividend history.

7 analysts have issued 1 year price objectives for Sanderson Farms' stock. Their forecasts range from $140.00 to $198.00. On average, they anticipate Sanderson Farms' share price to reach $174.33 in the next year. This suggests that the stock has a possible downside of 6.2%.
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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), The Hershey (HSY), General Mills (GIS), 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).
View all of SAFM's competitors.

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 many different institutional and retail investors. Top institutional shareholders include Oregon Public Employees Retirement Fund (0.03%) and New Mexico Educational Retirement Board (0.02%). 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 bought by a variety of institutional investors in the last quarter, including New Mexico Educational Retirement Board, and Oregon Public Employees Retirement Fund.
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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 $185.77.

Sanderson Farms has a market capitalization of $4.15 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.