NASDAQ:SAFMSanderson Farms Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Sanderson Farms, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $136.63 -3.59 (-2.56 %) (As of 05/28/2020 01:20 PM ET) Add Compare Share Today's Range$136.63Now: $136.63▼$143.8850-Day Range$115.31MA: $133.27▼$147.0752-Week Range$102.13Now: $136.63▼$179.45Volume210,274 shsAverage Volume296,670 shsMarket Capitalization$3.04 billionP/E Ratio95.55Dividend Yield0.92%Beta0.68 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingSanderson Farms has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $148.67, Sanderson Farms has a potential upside of 8.8% from its current price of $136.63.Amount of Analyst CoverageSanderson Farms has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesSanderson Farms has received 318 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSanderson Farms has received 394 “underperform” votes. (Add your “underperform” vote.)Community SentimentSanderson Farms has received 55.34% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Sanderson Farms and other stocks. Vote “Outperform” if you believe SAFM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SAFM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipSanderson Farms is a leading dividend payer. It pays a dividend yield of 0.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSanderson Farms has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Sanderson Farms is 51.00 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sanderson Farms will have a dividend payout ratio of 13.85 % next year. This indicates that Sanderson Farms will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sanderson Farms insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.38% of the stock of Sanderson Farms is held by insiders.Percentage Held by Institutions87.43% of the stock of Sanderson Farms is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sanderson Farms are expected to grow in the coming year, from ($0.14) to $9.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sanderson Farms is 95.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Sanderson Farms is 95.55, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 36.70.Price to Book Value per Share RatioSanderson Farms has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.05 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Poultry slaughtering & processing Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNASDAQ:SAFM Previous Symbol CUSIP80001310 CIK812128 Webwww.sandersonfarms.com Phone601-649-4030Debt Debt-to-Equity Ratio0.15 Current Ratio2.93 Quick Ratio1.46Price-To-Earnings Trailing P/E Ratio95.55 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$3.44 billion Price / Sales0.88 Cash Flow$9.05 per share Price / Cash Flow15.10 Book Value$63.99 per share Price / Book2.14Profitability EPS (Most Recent Fiscal Year)$2.51 Net Income$53.29 million Net Margins0.92% Return on Equity2.47% Return on Assets1.94%Miscellaneous Employees17,055 Outstanding Shares22,240,000Market Cap$3.04 billion Next Earnings Date5/28/2020 (Confirmed) OptionableOptionable NASDAQ:SAFM Rates by TradingView Receive SAFM News and Ratings via Email Sign-up to receive the latest news and ratings for SAFM and its competitors with MarketBeat's FREE daily newsletter. 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SAFM shares have increased by 10.6% and is now trading at $136.63. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Sanderson Farms? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last year. There are currently 3 hold ratings and 3 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, May 28th 2020. View our earnings forecast for Sanderson Farms. How were Sanderson Farms' earnings last quarter? Sanderson Farms, Inc. (NASDAQ:SAFM) issued its earnings results on Thursday, February, 27th. The company reported ($1.76) earnings per share for the quarter, missing analysts' consensus estimates of ($1.06) by $0.70. The business had revenue of $823.10 million for the quarter, compared to the consensus estimate of $802.99 million. Sanderson Farms had a net margin of 0.92% and a return on equity of 2.47%. Sanderson Farms's revenue was up 10.7% on a year-over-year basis. During the same period 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 declared a quarterly dividend on Friday, April 17th. Investors of record on Tuesday, April 28th will be given a dividend of $0.32 per share on Tuesday, May 12th. This represents a $1.28 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Monday, April 27th. View Sanderson Farms' dividend history. How will Sanderson Farms' stock buyback program work? Sanderson Farms declared that its board has authorized a stock repurchase program on Thursday, May 31st 2018, which allows the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its shares are undervalued. What price target have analysts set for SAFM? 6 brokerages have issued twelve-month price targets for Sanderson Farms' stock. Their forecasts range from $135.00 to $168.00. On average, they expect Sanderson Farms' stock price to reach $148.67 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View analysts' price targets for Sanderson Farms. Has Sanderson Farms been receiving favorable news coverage? Headlines about SAFM stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Sanderson Farms earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutSanderson Farms. Are investors shorting Sanderson Farms? Sanderson Farms saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,270,000 shares, a decline of 5.2% from the April 30th total of 1,340,000 shares. Based on an average daily volume of 468,100 shares, the short-interest ratio is presently 2.7 days. Currently, 6.4% of the company's shares are sold short. View Sanderson Farms' Current Options Chain. Who are some of Sanderson Farms' key competitors? Some companies that are related to Sanderson Farms include Mondelez International (MDLZ), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Tyson Foods (TSN), Kellogg (K), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Lancaster Colony (LANC) and Seaboard (SEB). View all 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), Verizon Communications (VZ), AT&T (T), Walmart (WMT), PepsiCo (PEP), QUALCOMM (QCOM), Alibaba Group (BABA), IBM (IBM) and JPMorgan Chase & Co. (JPM). 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 investors include BlackRock Inc. (10.06%), Nuance Investments LLC (4.25%), State Street Corp (4.09%), Victory Capital Management Inc. (3.60%), Victory Capital Management Inc. (3.60%) and Wellington Management Group LLP (2.93%). 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 institutional investors are selling Sanderson Farms stock? SAFM stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Artemis Investment Management LLP, JPMorgan Chase & Co., Centenus Global Management LP, BlackRock Inc., Morgan Stanley, Russell Investments Group Ltd., and Deutsche Bank AG. Company insiders that have sold Sanderson Farms company stock in the last year include Lampkin Butts, Phil K Livingston, and Robert C Khayat. View insider buying and selling activity for Sanderson Farms. Which institutional investors are buying Sanderson Farms stock? SAFM stock was purchased by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Wellington Management Group LLP, Victory Capital Management Inc., Victory Capital Management Inc., Van ECK Associates Corp, Massachusetts Financial Services Co. MA, Janus Henderson Group PLC, and AQR Capital Management LLC. 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 $136.63. How big of a company is Sanderson Farms? Sanderson Farms has a market capitalization of $3.04 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. What is Sanderson Farms' official website? The official website for Sanderson Farms is 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 5/28/2020 by MarketBeat.com Staff
