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

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

Sanderson Farms declared a quarterly dividend on Friday, January 17th. Stockholders of record on Tuesday, January 28th will be given a dividend of $0.32 per share on Tuesday, February 11th. This represents a $1.28 annualized dividend and a dividend yield of 0.81%. The ex-dividend date is Monday, January 27th. View Sanderson Farms' Dividend History.

Sanderson Farms announced that its board has authorized a share buyback program on Thursday, May 31st 2018, which allows the company to buyback 2,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Sanderson Farms, Inc. (NASDAQ:SAFM) announced its quarterly earnings results on Thursday, December, 19th. The company reported ($0.95) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($1.33) by $0.38. The business earned $906.50 million during the quarter, compared to the consensus estimate of $888.65 million. Sanderson Farms had a net margin of 1.55% and a return on equity of 3.94%. The business's revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the firm posted ($1.63) earnings per share. View Sanderson Farms' Earnings History.

Sanderson Farms is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Sanderson Farms.

11 equities research analysts have issued 1-year price targets for Sanderson Farms' shares. Their forecasts range from $77.00 to $197.00. On average, they expect Sanderson Farms' stock price to reach $144.20 in the next twelve months. This suggests that the stock has a possible downside of 8.9%. View Analyst Price Targets for Sanderson Farms.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sanderson Farms.

News headlines about SAFM stock have trended positive on Monday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sanderson Farms earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Sanderson Farms.

Sanderson Farms saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,310,000 shares, an increase of 13.8% from the December 15th total of 2,030,000 shares. Based on an average daily volume of 346,200 shares, the short-interest ratio is currently 6.7 days. Approximately 11.7% of the shares of the stock are sold short. View Sanderson Farms' Current Options Chain.

Some companies that are related to Sanderson Farms include Mondelez International (MDLZ), Tyson Foods (TSN), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), Kellogg (K), MCCORMICK & CO /SH (MKC), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Seaboard (SEB), Flowers Foods (FLO) and Lancaster Colony (LANC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanderson Farms investors own include Walt Disney (DIS), QUALCOMM (QCOM), Pfizer (PFE), AT&T (T), PepsiCo (PEP), Alibaba Group (BABA), salesforce.com (CRM), UnitedHealth Group (UNH), Verizon Communications (VZ) and Walmart (WMT).

Sanderson Farms' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (1.62%), Scout Investments Inc. (0.24%), TrimTabs Asset Management LLC (0.03%), Louisiana State Employees Retirement System (0.02%), State of Alaska Department of Revenue (0.01%) and Sciencast Management LP (0.01%). 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.

SAFM stock was sold by a variety of institutional investors in the last quarter, including Arden Trust Co and State of Alaska Department of Revenue. Company insiders that have sold Sanderson Farms company stock in the last year include John Bierbusse, Lampkin Butts, Phil K Livingston and Robert C Khayat. View Insider Buying and Selling for Sanderson Farms.

SAFM stock was acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Scout Investments Inc., TrimTabs Asset Management LLC, Sciencast Management LP, Kwmg LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for 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.

One share of SAFM stock can currently be purchased for approximately $158.31.

Sanderson Farms has a market capitalization of $3.52 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.

The official website for Sanderson Farms is http://www.sandersonfarms.com/.

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