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NASDAQ:SAFMSanderson Farms Stock Price, Forecast & News

$121.05
+1.55 (+1.30 %)
(As of 04/10/2020 07:18 AM ET)
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Today's Range
$119.55
Now: $121.05
$125.80
50-Day Range
$106.58
MA: $123.50
$136.68
52-Week Range
$102.13
Now: $121.05
$179.45
Volume217,919 shs
Average Volume548,944 shs
Market Capitalization$2.69 billion
P/E Ratio84.65
Dividend Yield1.07%
Beta0.66
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-packed, chill-packed, bulk-packed, and frozen chicken 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 into 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.50 out of 5 stars


Industry, Sector and Symbol

Industry Poultry slaughtering & processing
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNASDAQ:SAFM
CUSIP80001310
Phone601-649-4030

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.44 billion
Cash Flow$9.30 per share
Book Value$63.99 per share

Profitability

Net Income$53.29 million

Miscellaneous

Employees17,055
Market Cap$2.69 billion
Next Earnings Date6/4/2020 (Estimated)
OptionableOptionable

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Sanderson Farms (NASDAQ:SAFM) Frequently Asked Questions

How has Sanderson Farms' stock been impacted by COVID-19 (Coronavirus)?

Sanderson Farms' stock was trading at $123.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SAFM stock has decreased by 2.0% and is now trading at $121.05. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sanderson Farms?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sanderson Farms.

When is Sanderson Farms' next earnings date?

Sanderson Farms is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Sanderson Farms.

How were Sanderson Farms' earnings last quarter?

Sanderson Farms, Inc. (NASDAQ:SAFM) announced its quarterly earnings data on Thursday, February, 27th. The company reported ($1.76) EPS for the quarter, missing analysts' consensus estimates of ($1.06) by $0.70. The firm earned $823.10 million during the quarter, compared to analyst estimates of $802.99 million. Sanderson Farms had a return on equity of 2.47% and a net margin of 0.92%. Sanderson Farms's revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.82) EPS. View Sanderson Farms' earnings history.

How often does Sanderson Farms pay dividends? What is the dividend yield for Sanderson Farms?

Sanderson Farms announced a quarterly dividend on Friday, January 17th. Shareholders of record on Tuesday, January 28th will be paid a dividend of $0.32 per share on Tuesday, February 11th. This represents a $1.28 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Monday, January 27th. View Sanderson Farms' dividend history.

How will Sanderson Farms' stock buyback program work?

Sanderson Farms announced 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 reacquire shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for SAFM?

8 Wall Street analysts have issued twelve-month price targets for Sanderson Farms' stock. Their forecasts range from $131.00 to $168.00. On average, they anticipate Sanderson Farms' share price to reach $144.00 in the next year. This suggests a possible upside of 19.0% from the stock's current price. View analysts' price targets for Sanderson Farms.

Has Sanderson Farms been receiving favorable news coverage?

Media coverage about SAFM stock has trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sanderson Farms earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news articles 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 company's share price in the immediate future. View the latest news aboutSanderson Farms.

Are investors shorting Sanderson Farms?

Sanderson Farms saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 2,077,700 shares, a decline of 10.4% from the February 27th total of 2,320,000 shares. Based on an average daily trading volume, of 617,700 shares, the short-interest ratio is currently 3.4 days. Currently, 10.4% of the company's stock are short sold. View Sanderson Farms' Current Options Chain.

Who are some of Sanderson Farms' key competitors?

What other stocks do shareholders of Sanderson Farms own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sanderson Farms investors own include Pfizer (PFE), Walt Disney (DIS), AT&T (T), Verizon Communications (VZ), QUALCOMM (QCOM), IBM (IBM), Walmart (WMT), Intel (INTC), PepsiCo (PEP) and Starbucks (SBUX).

Who are Sanderson Farms' key executives?

Sanderson Farms' management team includes the following people:
  • Mr. Joe F. Sanderson Jr., Chairman & CEO (Age 71)
  • Mr. Lampkin Butts, Pres, COO & Director (Age 68)
  • Mr. D. Michael Cockrell, CFO, Treasurer & Director (Age 61)
  • Mr. Timothy F. Rigney, Corp. Sec., Chief Accounting Officer & Controller (Age 55)
  • Mr. Brian Romano, Director of Admin. & HR

What is Sanderson Farms' stock symbol?

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

Who are Sanderson Farms' major shareholders?

Sanderson Farms' stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%). 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.

Which major investors are buying Sanderson Farms stock?

SAFM stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Sanderson Farms' stock price today?

One share of SAFM stock can currently be purchased for approximately $121.05.

How big of a company is Sanderson Farms?

Sanderson Farms has a market capitalization of $2.69 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.

What is Sanderson Farms' official website?

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

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.

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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