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 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.
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 Ratio8.09
Forward P/E Ratio15.40
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.34 billion
Price / Sales0.68
Cash Flow$16.9506 per share
Price / Cash5.87
Book Value$63.00 per share
Price / Book1.58
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$2,342.75
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, April 19th. Investors of record on Tuesday, May 1st will be given a dividend of $0.32 per share on Tuesday, May 15th. This represents a $1.28 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Monday, April 30th. View Sanderson Farms' Dividend History.
How will Sanderson Farms' stock buyback program work?
Sanderson Farms declared that its Board of Directors has authorized a share buyback plan on Thursday, May 31st 2018, which authorizes the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally 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 quarterly earnings results on Thursday, May, 24th. The company reported $1.84 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.51 by $0.67. The business earned $813.50 million during the quarter, compared to analysts' expectations of $839.64 million. Sanderson Farms had a return on equity of 16.79% and a net margin of 8.20%. Sanderson Farms's revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.94 earnings per share. View Sanderson Farms' Earnings History.
When is Sanderson Farms' next earnings date?
What price target have analysts set for SAFM?
9 brokerages have issued 12 month target prices for Sanderson Farms' shares. Their forecasts range from $89.00 to $170.00. On average, they anticipate Sanderson Farms' share price to reach $111.75 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Ratings 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."
Who are some of Sanderson Farms' key competitors?
Some companies that are related to Sanderson Farms include US Foods (USFD), Blue Buffalo Pet Products (BUFF), PINNACLE FOODS INC Common Stock (PF), Ingredion (INGR), Service Co. International (SCI), REMY COINTREAU/ADR (REMYY), JBS S A/S (JBSAY), San Miguel (SMGBY), Post (POST), Square Enix (SQNXF), 51job (JOBS), Glanbia (GLAPY), COCA COLA AMATI/ADR (CCLAY), National Beverage (FIZZ) and BRF S.A. common stock (BRFS).
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.
Has Sanderson Farms been receiving favorable news coverage?
Media coverage about SAFM stock has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sanderson Farms earned a daily sentiment score of 0.22 on Accern's scale. They also gave news stories about the company an impact score of 46.10 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Sanderson Farms' major shareholders?
Sanderson Farms' stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.22%), Empowered Funds LLC (0.14%), American National Bank (0.11%), Midas Management Corp (0.09%), KAMES CAPITAL plc (0.06%) and Adams Asset Advisors LLC (0.04%). 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 major investors are selling Sanderson Farms stock?
SAFM stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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 major investors are buying Sanderson Farms stock?
SAFM stock was purchased by a variety of institutional investors in the last quarter, including Midas Management Corp, American National Bank, Adams Asset Advisors LLC, Empowered Funds LLC, KAMES CAPITAL plc and First Citizens Bank & Trust Co.. 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 $99.50.
How big of a company is Sanderson Farms?
Sanderson Farms has a market capitalization of $2.34 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)
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.
