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 Ratio8.86
Forward P/E Ratio18.04
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.34 billion
Price / Sales0.74
Cash Flow$18.4661 per share
Price / Cash5.90
Book Value$63.00 per share
Price / Book1.73
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 declared a quarterly dividend on Thursday, July 19th. Stockholders of record on Tuesday, July 31st will be given a dividend of $0.32 per share on Tuesday, August 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Monday, July 30th. View Sanderson Farms' Dividend History.
How will Sanderson Farms' stock buyback program work?
Sanderson Farms declared that its board has initiated a stock buyback program on Thursday, May 31st 2018, which authorizes the company to repurchase 2,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.
How were Sanderson Farms' earnings last quarter?
Sanderson Farms, Inc. (NASDAQ:SAFM) posted its earnings results on Thursday, May, 24th. The company reported $1.84 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.51 by $0.67. The company 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 firm's revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.94 EPS. View Sanderson Farms' Earnings History.
When is Sanderson Farms' next earnings date?
What price target have analysts set for SAFM?
9 analysts have issued 12 month price targets for Sanderson Farms' shares. Their forecasts range from $89.00 to $170.00. On average, they anticipate Sanderson Farms' stock price to reach $110.25 in the next year. This suggests a possible upside of 1.2% 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?
Some companies that are related to Sanderson Farms include Pola Orbis (PORBF), Coty (COTY), Blue Buffalo Pet Products (BUFF), PINNACLE FOODS INC Common Stock (PF), Service Co. International (SCI), US Foods (USFD), Ingredion (INGR), REMY COINTREAU/ADR (REMYY), San Miguel (SMGBY), Post (POST), JBS S A/S (JBSAY), Square Enix (SQNXF), National Beverage (FIZZ), Glanbia (GLAPY) and COCA COLA AMATI/ADR (CCLAY).
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 trended somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sanderson Farms earned a media and rumor sentiment score of 0.11 on Accern's scale. They also gave news articles about the company an impact score of 47.20 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Sanderson Farms.
Who are Sanderson Farms' major shareholders?
Sanderson Farms' stock is owned by a number of of institutional and retail 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 major 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 major investors are buying Sanderson Farms stock?
SAFM stock was bought 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 $108.95.
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)
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.
