Sanderson Farms Company Profile (NASDAQ:SAFM)

About Sanderson Farms (NASDAQ:SAFM)

Sanderson Farms logoSanderson Farms, Inc. is a poultry processing company. The Company is engaged in the production, processing, marketing and distribution of fresh and frozen chicken, and also preparation, processing, marketing and distribution of processed and minimally prepared chicken. It sells ice pack, chill pack, bulk pack and frozen chicken, in whole, cut-up and boneless form, under the Sanderson Farms brand name to retailers, distributors, casual dining operators, customers reselling frozen chicken into export markets. The Company, through its subsidiaries, Sanderson Farms, Inc. (Production Division) and Sanderson Farms, Inc. (Processing Division), conducts its chicken operations. Sanderson Farms, Inc. (Production Division) is engaged in the production of chickens to the broiler-stage. Sanderson Farms, Inc. (Foods Division) is engaged in the processing, sale and distribution of chickens. The Company, through Sanderson Farms, Inc. (Foods Division), conducts its prepared chicken business.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Animal Slaughtering & Processing
  • Sub-Industry: Packaged Foods & Meats
  • Symbol: NASDAQ:SAFM
  • CUSIP: 80001310
  • Web:
  • Market Cap: $3.25 billion
  • Outstanding Shares: 22,742,000
Average Prices:
  • 50 Day Moving Avg: $127.50
  • 200 Day Moving Avg: $112.93
  • 52 Week Range: $74.07 - $145.02
  • Trailing P/E Ratio: 14.42
  • Foreward P/E Ratio: 13.61
  • P/E Growth: 1.27
Sales & Book Value:
  • Annual Revenue: $3.01 billion
  • Price / Sales: 1.08
  • Book Value: $56.25 per share
  • Price / Book: 2.54
  • Annual Dividend: $0.96
  • Dividend Yield: 0.7%
  • EBIDTA: $430.18 million
  • Net Margins: 7.34%
  • Return on Equity: 18.30%
  • Return on Assets: 15.28%
  • Current Ratio: 4.97%
  • Quick Ratio: 3.21%
  • Average Volume: 392,422 shs.
  • Beta: 0.62
  • Short Ratio: 13.46

Frequently Asked Questions for Sanderson Farms (NASDAQ:SAFM)

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 Friday, July 21st. Investors of record on Tuesday, August 1st will be given a dividend of $0.24 per share on Tuesday, August 15th. This represents a $0.96 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Friday, July 28th. View Sanderson Farms' Dividend History.

How were Sanderson Farms' earnings last quarter?

Sanderson Farms, Inc. (NASDAQ:SAFM) issued its quarterly earnings data on Thursday, May, 25th. The company reported $2.94 EPS for the quarter, topping analysts' consensus estimates of $2.72 by $0.22. The company had revenue of $802 million for the quarter, compared to analysts' expectations of $769.47 million. Sanderson Farms had a return on equity of 18.30% and a net margin of 7.34%. The business's revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.11 earnings per share. View Sanderson Farms' Earnings History.

When will Sanderson Farms make its next earnings announcement?

Sanderson Farms is scheduled to release their next quarterly earnings announcement on Thursday, August, 24th 2017. View Earnings Estimates for Sanderson Farms.

Where is Sanderson Farms' stock going? Where will Sanderson Farms' stock price be in 2017?

9 brokers have issued 1-year price targets for Sanderson Farms' shares. Their forecasts range from $85.00 to $145.00. On average, they expect Sanderson Farms' share price to reach $120.22 in the next twelve months. View Analyst Ratings for Sanderson Farms.

What are analysts saying about Sanderson Farms stock?

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)

Who are some of Sanderson Farms' key competitors?

Who are Sanderson Farms' key executives?

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

Who owns Sanderson Farms stock?

Sanderson Farms' stock is owned by a variety of of retail and institutional 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, John Bierbusse, Jones Gail Pittman, Phil K Livingston and Robert C Khayat. View Institutional Ownership Trends for Sanderson Farms.

Who sold Sanderson Farms stock? Who is selling Sanderson Farms stock?

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, John Bierbusse, Phil K Livingston and Robert C Khayat. View Insider Buying and Selling for Sanderson Farms.

Who bought Sanderson Farms stock? Who is buying Sanderson Farms stock?

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.

How do I buy Sanderson Farms stock?

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.

What is Sanderson Farms' stock price today?

One share of Sanderson Farms stock can currently be purchased for approximately $143.02.

MarketBeat Community Rating for Sanderson Farms (NASDAQ SAFM)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  131 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  319
MarketBeat's community ratings are surveys of what our community members think about Sanderson Farms and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sanderson Farms (NASDAQ:SAFM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $120.22 (15.94% downside)

Analysts' Ratings History for Sanderson Farms (NASDAQ:SAFM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/17/2017StephensDowngradeOverweight -> Equal Weight$145.00MediumView Rating Details
6/27/2017BMO Capital MarketsReiterated RatingHold$130.00MediumView Rating Details
6/9/2017Jefferies Group LLCReiterated RatingSell$85.00LowView Rating Details
6/7/2017MizuhoInitiated CoverageBuy$142.00HighView Rating Details
6/6/2017Barclays PLCInitiated CoverageEqual Weight -> Equal Weight$125.00LowView Rating Details
4/23/2017Pacific CrestReiterated RatingOverweight$120.00 -> $125.00LowView Rating Details
4/7/2017SidotiDowngradeBuy -> NeutralMediumView Rating Details
3/27/2017KeyCorpUpgradeSector Weight -> Overweight$120.00HighView Rating Details
12/5/2016DA DavidsonUpgradeNeutral -> Buy$103.00 -> $98.00N/AView Rating Details
5/27/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$96.00 -> $95.00N/AView Rating Details
3/15/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$75.00N/AView Rating Details
(Data available from 8/23/2015 forward)


Earnings History for Sanderson Farms (NASDAQ:SAFM)
Earnings by Quarter for Sanderson Farms (NASDAQ:SAFM)
Earnings History by Quarter for Sanderson Farms (NASDAQ SAFM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/23/2017$3.47N/AView Earnings Details
5/25/20174/30/2017$2.72$2.94$769.47 million$802.00 millionViewN/AView Earnings Details
2/23/2017Q117$1.42$1.02$695.66 million$688.35 millionViewN/AView Earnings Details
12/15/2016Q416$2.66$3.36$784.73 million$790.81 millionViewN/AView Earnings Details
8/25/2016Q316$2.11$2.42$749.76 million$728.00 millionViewListenView Earnings Details
5/26/2016Q216$1.62$2.11$671.61 million$692.10 millionViewListenView Earnings Details
2/25/2016Q116$0.45$0.47$588.77 million$605.20 millionViewListenView Earnings Details
12/17/2015Q415$1.35$1.22$696.98 million$679.60 millionViewListenView Earnings Details
8/25/2015Q315$2.87$2.27$763.03 million$739.90 millionViewListenView Earnings Details
5/28/2015Q215$3.50$3.13$721.34 million$716.60 millionViewListenView Earnings Details
2/24/2015Q115$2.62$2.87$638.92 million$667.40 millionViewN/AView Earnings Details
12/18/2014Q414$3.87$4.04$753.28 million$760.90 millionViewN/AView Earnings Details
8/26/2014Q314$3.82$3.30$766.63 million$768.40 millionViewListenView Earnings Details
5/29/2014Q214$1.68$2.21$620.99 million$660.70 millionViewListenView Earnings Details
2/25/2014Q114$0.85$1.25$573.11 million$584.88 millionViewN/AView Earnings Details
12/17/2013Q413$2.28$1.97$726.38 million$727.10 millionViewListenView Earnings Details
8/27/2013Q3 2013$2.62$2.95$722.45 million$739.00 millionViewN/AView Earnings Details
5/30/2013Q2 2013$0.71$1.06$610.93 million$621.20 millionViewN/AView Earnings Details
2/21/2013Q1 2013($0.31)$559.30 million$605.43 millionViewN/AView Earnings Details
12/18/2012Q4 2012$0.32$0.41$635.75 million$648.40 millionViewN/AView Earnings Details
8/28/2012Q312$1.20$1.25$619.93 million$624.00 millionViewN/AView Earnings Details
5/29/2012$0.85$1.04ViewN/AView Earnings Details
2/28/2012($0.10)($0.36)ViewN/AView Earnings Details
12/20/2011($0.46)($0.70)ViewN/AView Earnings Details
8/25/2011($0.85)($1.86)ViewN/AView Earnings Details
5/24/2011($0.85)($0.56)ViewN/AView Earnings Details
2/24/2011($0.33)($0.87)ViewN/AView Earnings Details
12/14/2010$1.72$2.08$521.13 million$529.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Sanderson Farms (NASDAQ:SAFM)
2017 EPS Consensus Estimate: $9.00
2018 EPS Consensus Estimate: $6.66
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.20$1.34$1.29
Q2 20173$2.12$2.96$2.61
Q3 20173$2.23$3.14$2.76
Q4 20173$1.90$3.12$2.34
Q1 20182$0.21$1.63$0.92
Q2 20182$1.85$2.07$1.96
Q3 20182$2.56$2.58$2.57
Q4 20182$1.03$1.39$1.21
Q1 20191($0.89)($0.89)($0.89)
Q2 20191$1.11$1.11$1.11
(Data provided by Zacks Investment Research)


Current Dividend Information for Sanderson Farms (NASDAQ:SAFM)
Most Recent Dividend:8/15/2017
Annual Dividend:$0.96
Dividend Yield:0.67%
Payout Ratio:9.86% (Trailing 12 Months of Earnings)
8.76% (Based on This Year's Estimates)
9.13% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sanderson Farms (NASDAQ:SAFM)

Dividend History by Quarter for Sanderson Farms (NASDAQ SAFM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sanderson Farms (NASDAQ:SAFM)
Insider Ownership Percentage: 5.66%
Insider Trades by Quarter for Sanderson Farms (NASDAQ:SAFM)
Institutional Ownership by Quarter for Sanderson Farms (NASDAQ:SAFM)
Insider Trades by Quarter for Sanderson Farms (NASDAQ:SAFM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/1/2017Dianne MooneyDirectorSell1,103$117.69$129,812.07View SEC Filing  
5/26/2017Phil K LivingstonDirectorSell500$121.50$60,750.00View SEC Filing  
3/29/2017D Michael CockrellTreasurerSell5,619$103.71$582,746.49View SEC Filing  
3/6/2017Phil K LivingstonDirectorSell1,700$92.58$157,386.00View SEC Filing  
2/24/2017Robert C KhayatDirectorSell1,210$93.81$113,510.10View SEC Filing  
8/26/2016John BierbusseDirectorSell750$97.00$72,750.00View SEC Filing  
6/20/2016Jones Gail PittmanDirectorSell125$82.15$10,268.75View SEC Filing  
3/29/2016John BierbusseDirectorSell750$88.35$66,262.50View SEC Filing  
12/21/2015Jones Gail PittmanDirectorSell325$76.81$24,963.25View SEC Filing  
6/8/2015Beverly W HoganDirectorSell6,824$75.81$517,327.44View SEC Filing  
12/19/2014John BierbusseDirectorSell2,285$85.14$194,544.90View SEC Filing  
6/9/2014Fred L Banks JrDirectorSell2,000$93.74$187,480.00View SEC Filing  
6/5/2014Dianne MooneyDirectorSell6,010$97.37$585,193.70View SEC Filing  
3/28/2014Fred Banks, Jr.DirectorSell2,000$76.50$153,000.00View SEC Filing  
2/28/2014D Michael CockrellCFOSell5,287$77.23$408,315.01View SEC Filing  
2/28/2014Phil LivingstonDirectorSell3,500$77.54$271,390.00View SEC Filing  
2/26/2014Robert KhayatDirectorSell4,608$77.24$355,921.92View SEC Filing  
9/16/2013Phil LivingstonDirectorSell2,000$65.59$131,180.00View SEC Filing  
8/28/2013Phil LivingstonDirectorSell1,000$64.28$64,280.00View SEC Filing  
6/28/2013D Michael CockrellCFOSell2,682$66.86$179,318.52View SEC Filing  
6/13/2013Lampkin ButtsCOOSell11,000$70.01$770,110.00View SEC Filing  
6/12/2013Lampkin ButtsCOOSell10,000$71.18$711,800.00View SEC Filing  
6/10/2013Dianne MooneyDirectorSell5,040$71.13$358,495.20View SEC Filing  
5/31/2013John BierbusseDirectorSell1,756$69.16$121,444.96View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Sanderson Farms (NASDAQ:SAFM)
Latest Headlines for Sanderson Farms (NASDAQ:SAFM)
DateHeadline logoIndustrias Bachoco, S.A. de C.V. (IBA) versus Sanderson Farms (SAFM) Financial Comparison - August 21 at 12:24 PM logoSanderson Farms, Inc. (SAFM) Rating Lowered to Equal Weight at Stephens - August 17 at 10:06 AM logoSanderson Farms, Inc. (SAFM) Set to Announce Quarterly Earnings on Wednesday - August 16 at 1:46 AM logoHormel Foods (HRL) Hit by Jennie-O Turkey Store Challenges - August 15 at 3:32 PM logoSee what the IHS Markit Score report has to say about Sanderson Farms Inc. - August 14 at 3:41 PM logoSanderson Farms, Inc. (SAFM) Rating Lowered to Hold at Zacks Investment Research - August 13 at 11:06 PM logoSanderson Farms, Inc. (NASDAQ:SAFM) Given Consensus Rating of "Buy" by Brokerages - August 11 at 3:02 PM logoSanderson Farms, Inc. to Host Its Third Quarter Fiscal 2017 Conference Call - August 11 at 8:17 AM logoSanderson Farms, Inc. (SAFM) Expected to Announce Quarterly Sales of $891.41 Million - August 10 at 12:46 PM logoAnalyzing Tyson Foods’ Fiscal 3Q17 Sales Trends - August 9 at 7:12 AM logoZacks: Analysts Anticipate Sanderson Farms, Inc. (SAFM) Will Announce Earnings of $3.71 Per Share - August 8 at 2:18 PM logo[$$] Consumers’ Appetite for Bacon, Chicken Has Tyson Scrambling to Keep Up - August 7 at 8:21 PM logo[$$] Tyson Fattens Up Revenue on Higher Prices - August 7 at 3:16 PM logoContrasting Pilgrim's Pride Corporation (PPC) and Sanderson Farms (SAFM) - August 4 at 2:26 PM logoSane Portfolio Racks Up a 19% Return - August 1 at 6:11 AM logoAnalyzing Sanderson Farms (SAFM) and Tyson Foods (TSN) - July 30 at 7:45 AM logoSanderson Farms, Inc. (SAFM) Expected to Post Quarterly Sales of $872.36 Million - July 21 at 6:04 PM logoSanderson Farms, Inc. (NASDAQ:SAFM) Plans Quarterly Dividend of $0.24 - July 21 at 3:58 PM logo Analysts Anticipate Sanderson Farms, Inc. (NASDAQ:SAFM) to Post $3.49 Earnings Per Share - July 19 at 10:55 AM logoSanderson Farms, Inc. breached its 50 day moving average in a Bullish Manner : SAFM-US : July 18, 2017 - July 19 at 7:31 AM logoSanderson Farms, Inc. (NASDAQ:SAFM) Receives Average Recommendation of "Buy" from Analysts - July 17 at 10:49 AM logoSanderson Farms Meets 80-Plus Relative Strength Rating Benchmark - July 15 at 8:19 AM logoSanderson Farms Meets 80-Plus Relative Strength Rating Benchmark - July 15 at 8:19 AM logoComparing Pilgrim's Pride Corporation (PPC) & Sanderson Farms (NASDAQ:SAFM) - July 12 at 12:14 PM logoSanderson Farms Becomes Oversold (SAFM) - July 12 at 7:38 AM logoTop Ranked Value Stocks to Buy for July 11th - July 12 at 7:38 AM logoSanderson Farms, Inc. (SAFM) Stock Rating Upgraded by Zacks Investment Research - July 5 at 9:51 AM logoSanderson Farms, Inc. – Value Analysis (NASDAQ:SAFM) : June 29, 2017 - June 30 at 6:28 AM logoBidaskClub Downgrades Sanderson Farms, Inc. (SAFM) to Buy - June 29 at 4:52 PM logoSanderson Farms, Inc. breached its 50 day moving average in a Bearish Manner : SAFM-US : June 28, 2017 - June 29 at 6:44 AM logoSanderson Farms, Inc. (SAFM) Rating Reiterated by BMO Capital Markets - June 27 at 12:58 PM logoSanderson Farms, Inc. (SAFM) Expected to Announce Quarterly Sales of $872.36 Million - June 25 at 12:24 PM logoBRF (BRFS) & Sanderson Farms (SAFM) Critical Survey - June 24 at 7:46 AM logoSanderson Farms to Host Investor Conference - June 24 at 6:31 AM logoSanderson Farms Comments on California Complaint - June 24 at 6:31 AM logo Brokerages Expect Sanderson Farms, Inc. (SAFM) to Announce $3.49 EPS - June 23 at 8:06 AM logoSanderson Farms, Inc. (SAFM) Given Consensus Rating of "Buy" by Brokerages - June 20 at 7:38 AM logoEarnings Highlights and Review: Sanderson Farms Posted a Robust Q2 Results; Outshined Forecasts - June 19 at 9:53 AM logoSurging Earnings Estimates Signal Good News for Sanderson Farms (SAFM) - June 19 at 9:53 AM logoHead to Head Analysis: Hormel Foods Corporation (HRL) versus Sanderson Farms (SAFM) - June 13 at 10:35 PM logoKeyCorp Downgrades Sanderson Farms, Inc. (SAFM) to Overweight - June 12 at 9:19 AM logoSanderson Farms Appears To Be Peaking - It's Time To Be Thinking About The Next Down Cycle - June 12 at 8:07 AM logoSanderson Farms, Inc. (SAFM) Earns Equal Weight Rating from Analysts at Barclays PLC - June 11 at 3:22 PM logoFinancial Review: Sanderson Farms (SAFM) & Hormel Foods Corp (HRL) - June 11 at 7:53 AM logoJefferies Group LLC Reaffirms "Sell" Rating for Sanderson Farms, Inc. (SAFM) - June 9 at 5:08 PM logoHead to Head Contrast: Hormel Foods Corp (HRL) & Sanderson Farms (SAFM) - June 9 at 10:46 AM logoSanderson Farms (SAFM) Presents At Stephens 2017 Spring Investment Conference - Slideshow - June 8 at 9:42 PM logoHead-To-Head Contrast: Hormel Foods Corp (HRL) and Sanderson Farms (SAFM) - June 8 at 8:52 AM logoSanderson Farms to Participate in Jefferies 2017 Consumer Conference - June 8 at 3:16 AM logoSanderson Farms, Inc. (SAFM) Receives New Coverage from Analysts at Mizuho - June 7 at 6:02 PM



Sanderson Farms (SAFM) Chart for Wednesday, August, 23, 2017

This page was last updated on 8/23/2017 by Staff