Sanderson Farms Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Sanderson Farms stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAFM, but not buy additional shares or sell existing shares.
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Sanderson Farms is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for Sanderson Farms.

Sanderson Farms, Inc. (NASDAQ:SAFM) released its quarterly earnings data on Wednesday, May, 26th. The company reported $4.34 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.29 by $2.05. The business earned $1.13 billion during the quarter, compared to analysts' expectations of $1.05 billion. Sanderson Farms had a trailing twelve-month return on equity of 11.43% and a net margin of 4.24%. The company's quarterly revenue was up 34.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($1.43) earnings per share.
View Sanderson Farms' earnings history.

Sanderson Farms' stock was trading at $123.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SAFM stock has increased by 49.2% and is now trading at $184.22.
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Sanderson Farms announced a quarterly dividend on Friday, July 23rd. Investors of record on Tuesday, August 3rd will be paid a dividend of $0.44 per share on Tuesday, August 17th. This represents a $1.76 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Monday, August 2nd.
View Sanderson Farms' dividend history.

Sanderson Farms pays an annual dividend of $1.76 per share and currently has a dividend yield of 0.94%.
View Sanderson Farms' dividend history.

7 brokerages have issued twelve-month price objectives for Sanderson Farms' shares. Their forecasts range from $140.00 to $198.00. On average, they expect Sanderson Farms' stock price to reach $174.33 in the next twelve months. This suggests that the stock has a possible downside of 5.4%.
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125 employees have rated Sanderson Farms CEO Joe F. Sanderson Jr. on Glassdoor.com. Joe F. Sanderson Jr. has an approval rating of 81% among Sanderson Farms' employees.

Some companies that are related to Sanderson Farms include Mondelez International (MDLZ), The Hershey (HSY), General Mills (GIS), Tyson Foods (TSN), Hormel Foods (HRL), McCormick & Company, Incorporated (MKC), Kellogg (K), Conagra Brands (CAG), The J. M. Smucker (SJM), Campbell Soup (CPB), Post (POST), Lancaster Colony (LANC), Pilgrim's Pride (PPC), Flowers Foods (FLO) and Seaboard (SEB).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Sanderson Farms investors own include Walmart (WMT), The Walt Disney (DIS), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), PepsiCo (PEP), QUALCOMM (QCOM) and NVIDIA (NVDA).

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

Sanderson Farms' stock is owned by a variety of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (2.21%), Chartwell Investment Partners LLC (0.53%), Alliancebernstein L.P. (0.26%), Cambiar Investors LLC (0.08%), New York State Common Retirement Fund (0.08%) and Westbourne Investment Advisors Inc. (0.07%). Company insiders that own Sanderson Farms stock include John Bierbusse, Lampkin Butts, Phil K Livingston, Robert C Khayat and Toni D Cooley.
View institutional ownership trends for Sanderson Farms.

SAFM stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., State of Michigan Retirement System, Brinker Capital Investments LLC, Chartwell Investment Partners LLC, Asset Management One Co. Ltd., Jackson Creek Investment Advisors LLC, Cambiar Investors LLC, and New York State Common Retirement Fund. Company insiders that have sold Sanderson Farms company stock in the last year include John Bierbusse, Phil K Livingston, and Toni D Cooley.
View insider buying and selling activity for Sanderson Farms or view top insider-selling stocks.

SAFM stock was bought by a variety of institutional investors in the last quarter, including Landscape Capital Management L.L.C., Monarch Partners Asset Management LLC, Mayfair Advisory Group LLC, Alliancebernstein L.P., New Mexico Educational Retirement Board, Canvas Wealth Advisors LLC, Exchange Traded Concepts LLC, and Financial Counselors Inc..
View insider buying and selling activity for Sanderson Farms or or view top insider-buying stocks.

Shares of SAFM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SAFM stock can currently be purchased for approximately $184.22.

Sanderson Farms has a market capitalization of $4.11 billion and generates $3.56 billion in revenue each year. The company earns $28.27 million in net income (profit) each year or ($0.41) on an earnings per share basis.

Sanderson Farms employs 17,445 workers across the globe.

Sanderson Farms was founded in 1947.

The official website for Sanderson Farms is www.sandersonfarms.com.

Sanderson Farms is headquartered at 127 FLYNT ROAD, LAUREL MS, 39443.

Sanderson Farms' mailing address is 127 FLYNT ROAD, LAUREL MS, 39443. The company can be reached via phone at (601) 649-4030.