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: www.sandersonfarms.com
Capitalization:
  • Market Cap: $3.36088 billion
  • Outstanding Shares: 22,744,000
Average Prices:
  • 50 Day Moving Avg: $154.90
  • 200 Day Moving Avg: $130.30
  • 52 Week Range: $74.07 - $166.65
P/E:
  • Trailing P/E Ratio: 11.86
  • Foreward P/E Ratio: 14.46
  • P/E Growth: 1.65
Sales & Book Value:
  • Annual Revenue: $3.21 billion
  • Price / Sales: 1.05
  • Book Value: $61.27 per share
  • Price / Book: 2.41
Dividend:
  • Annual Dividend: $1.28
  • Dividend Yield: 0.9%
Profitability:
  • EBITDA: $527.25 million
  • Net Margins: 8.77%
  • Return on Equity: 22.21%
  • Return on Assets: 18.46%
Debt:
  • Current Ratio: 3.91%
  • Quick Ratio: 2.73%
Misc:
  • Average Volume: 532,912 shs.
  • Beta: 0.58
  • 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 announced a quarterly dividend on Thursday, September 21st. Stockholders 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 dividend yield of 0.87%. The ex-dividend date of this dividend is Monday, October 2nd. This is an increase from Sanderson Farms's previous quarterly dividend of $0.24. View Sanderson Farms' Dividend History.

How were Sanderson Farms' earnings last quarter?

Sanderson Farms, Inc. (NASDAQ:SAFM) issued its quarterly earnings data on Thursday, August, 24th. The company reported $5.09 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.47 by $1.62. The company had revenue of $931.90 million for the quarter, compared to analysts' expectations of $921.40 million. Sanderson Farms had a return on equity of 22.21% and a net margin of 8.77%. Sanderson Farms's revenue was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.42 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 Wednesday, December, 13th 2017. View Earnings Estimates for Sanderson Farms.

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

10 brokerages have issued 12 month price targets for Sanderson Farms' stock. Their forecasts range from $85.00 to $170.00. On average, they expect Sanderson Farms' share price to reach $128.00 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. " (10/17/2017)
  • 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 institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (1.60%), APG Asset Management N.V. (0.77%), Mutual of America Capital Management LLC (0.07%), State Treasurer State of Michigan (0.03%), Alpha Windward LLC (0.01%) and Howe & Rusling Inc. (0.01%). 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.

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 Quotient Investors LLC, Alpha Windward LLC, Eqis Capital Management Inc. and Howe & Rusling Inc.. 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.

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 APG Asset Management N.V., Robeco Institutional Asset Management B.V., Mutual of America Capital Management LLC, State Treasurer State of Michigan, Foster & Motley Inc. and LS Investment Advisors 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 $147.77.


MarketBeat Community Rating for Sanderson Farms (NASDAQ SAFM)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  154 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  371
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: 2 Sell Ratings, 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.10)
Consensus Price Target: $128.00 (13.38% downside)
Consensus Price Target History for Sanderson Farms (NASDAQ:SAFM)
Price Target History for Sanderson Farms (NASDAQ:SAFM)
Analysts' Ratings History for Sanderson Farms (NASDAQ:SAFM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017MizuhoSet Price TargetHold$150.00N/AView Rating Details
10/13/2017BMO Capital MarketsReiterated RatingHold$150.00N/AView Rating Details
10/6/2017J P Morgan Chase & CoDowngradeNeutral -> Underweight$129.00 -> $134.00N/AView Rating Details
9/25/2017StephensReiterated RatingEqual Weight$145.00 -> $170.00HighView Rating Details
8/25/2017Barclays PLCSet Price TargetHold$125.00 -> $136.00LowView Rating Details
6/9/2017Jefferies Group LLCReiterated RatingSell$85.00LowView 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
3/15/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$75.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

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
12/13/2017$3.71N/AView Earnings Details
8/24/2017Q3 2017$3.47$5.09$921.40 million$931.90 millionViewN/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)

Estimates

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)

Dividends

Current Dividend Information for Sanderson Farms (NASDAQ:SAFM)
Most Recent Dividend:10/17/2017
Annual Dividend:$1.28
Dividend Yield:0.87%
Payout Ratio:10.31% (Trailing 12 Months of Earnings)
9.94% (Based on This Year's Estimates)
12.52% (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
9/21/2017quarterly$0.320.78%10/2/201710/3/201710/17/2017
7/21/2017quarterly$0.240.81%7/28/20178/1/20178/15/2017
4/27/2017quarterly$0.240.83%5/5/20175/9/20175/23/2017
1/19/2017quarterly$0.241.06%1/27/20171/31/20172/14/2017
9/22/2016special$1.001.01%9/30/201610/4/201610/18/2016
7/28/2016quarterly$0.221%8/5/20168/9/20168/23/2016
4/28/2016quarterly$0.220.96%5/6/20165/10/20165/24/2016
1/21/2016quarterly$0.221.13%1/29/20162/2/20162/16/2016
9/16/2015special$0.501.27%9/25/20159/29/201510/13/2015
7/23/2015quarterly$0.221.32%7/31/20158/4/20158/18/2015
4/23/2015quarterly$0.221.16%5/1/20155/5/20155/19/2015
1/22/2015quarterly$0.221.06%1/30/20152/3/20152/17/2015
9/18/2014quarterly$0.220.97%9/26/20149/30/201410/14/2014
7/24/2014quarterly$0.200.79%8/1/20148/5/20148/19/2014
4/24/2014quarterly$0.200.98%5/2/20145/6/20145/20/2014
1/23/2014quarterly$0.201.07%1/31/20142/4/20142/18/2014
9/19/2013quarterly$0.201.18%9/27/201310/1/201310/15/2013
7/25/2013quarterly$0.170.96%8/2/20138/6/20138/20/2013
4/25/2013quarterly$0.171.13%5/3/20135/7/20135/21/2013
1/24/2013quarterly$0.171.36%2/1/20132/5/20132/19/2013
(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%
Institutional Ownership Percentage: 99.88%
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
8/30/2017Fred L Banks JrDirectorSell3,000$144.11$432,330.00View SEC Filing  
8/29/2017Robert C KhayatDirectorSell1,775$142.31$252,600.25View SEC Filing  
8/25/2017John BierbusseDirectorSell625$138.03$86,268.75View SEC Filing  
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)

Headlines

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Sanderson Farms (SAFM) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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