Sanderson Farms Company Profile (NASDAQ:SAFM)

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

Sanderson Farms announced a quarterly dividend on Thursday, September 21st. Shareholders of record on Tuesday, October 3rd will be paid a dividend of $0.32 per share on Tuesday, October 17th. This represents a $1.28 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Monday, October 2nd. This is a boost from Sanderson Farms's previous quarterly dividend of $0.24. View Sanderson Farms' Dividend History.

Sanderson Farms, Inc. (NASDAQ:SAFM) posted its quarterly earnings data on Thursday, August, 24th. The company reported $5.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.47 by $1.62. The business earned $931.90 million during the quarter, compared to analyst estimates of $921.40 million. Sanderson Farms had a return on equity of 22.21% and a net margin of 8.77%. The firm's revenue was up 28.0% on a year-over-year basis. During the same quarter last year, the business posted $2.42 earnings per share. View Sanderson Farms' Earnings History.

Sanderson Farms is scheduled to release their next quarterly earnings announcement on Wednesday, December, 13th 2017. View Earnings Estimates for Sanderson Farms.

10 equities research analysts have issued 1-year target prices for Sanderson Farms' shares. Their predictions range from $85.00 to $150.00. On average, they expect Sanderson Farms' stock price to reach $124.20 in the next year. View Analyst Ratings for Sanderson Farms.

Here are some recent quotes from research analysts about Sanderson Farms stock:

• 1. According to Zacks Investment Research, "Snderson Farms Inc. is a fully-integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. The company sells ice pack, chill pack and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms7 brand name to retailers, distributors, and fast food operators principally in the southeastern, southwestern and western United States. " (8/11/2017)
• 2. Jefferies Group LLC analysts commented, "We maintain our negative bias on NT industry fundamentals as leading indicators point to acceleration in supply growth in the coming months. Additionally, declining retail beef & pork prices are likely to drive a slowdown in chicken demand. These factors combined with the stock's current high valuation keep us wary of potential downside risk. We are maintaining our Underperform rating." (2/27/2017)

Some companies that are related to Sanderson Farms include Pilgrim's Pride Corporation (PPC), Pinnacle Foods (PF), Lamb Weston Holdings (LW), Service Corporation International (SCI), Spectrum Brands Holdings (SPB), Glanbia Plc ADR (GLAPY), Post Holdings (POST), Blue Buffalo Pet Products (BUFF), Compania Cervecerias Unidas, S.A. (CCU), Coca-Cola Amatil (CCLAY), Energizer Holdings (EPC), The Hain Celestial Group (HAIN), Tate & Lyle PLC (TATYY), Flowers Foods (FLO), Treehouse Foods (THS), 51job (JOBS), Snyder's-Lance (LNCE) and Industrias Bachoco, S.A. de C.V. (IBA).

Sanderson Farms' management team includes the folowing people:

• Joe F. Sanderson Jr., Chairman of the Board, Chief Executive Officer
• Lampkin Butts, President, Chief Operating Officer, Director
• David michael Cockrell, Chief Financial Officer, Treasurer, Director
• Timothy F. Rigney, Chief Accounting Officer and Secretary
• Phil K. Livingston, Lead Independent Director
• John C. Bierbusse, Director
• Suzanne T. Mestayer, Director
• John H. Baker III, Independent Director
• Frederick L. Banks Jr., Independent Director

Sanderson Farms' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.96%), Vanguard Group Inc. (8.37%), Dimensional Fund Advisors LP (6.57%), LSV Asset Management (4.97%), Renaissance Technologies LLC (4.65%) and AJO LP (4.16%). 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.

Sanderson Farms' stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Balyasny Asset Management LLC, AJO LP, BlackRock Inc., Chartwell Investment Partners LLC, JPMorgan Chase & Co., Royce & Associates LP and AHL Partners LLP. Company insiders that have sold Sanderson Farms stock in the last year include D Michael Cockrell, Dianne Mooney, Fred L Banks Jr, John Bierbusse, Phil K Livingston and Robert C Khayat. View Insider Buying and Selling for Sanderson Farms.

Sanderson Farms' stock was purchased by a variety of institutional investors in the last quarter, including Koch Industries Inc., Origin Asset Management LLP, Alliancebernstein L.P., Teachers Advisors LLC, Dimensional Fund Advisors LP, Acadian Asset Management LLC, Vanguard Group Inc. and Numeric Investors LLC. View Insider Buying and Selling for Sanderson Farms.

Shares of Sanderson Farms can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Sanderson Farms stock can currently be purchased for approximately $163.82.