NASDAQ:SAFM - Sanderson Farms Stock Price, Price Target & More

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

Sanderson Farms announced a quarterly dividend on Thursday, July 19th. Stockholders of record on Tuesday, July 31st will be given a dividend of $0.32 per share on Tuesday, August 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Monday, July 30th. View Sanderson Farms' Dividend History.

Sanderson Farms announced that its board has authorized a stock repurchase program on Thursday, May 31st 2018, which authorizes the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.

Sanderson Farms, Inc. (NASDAQ:SAFM) issued its earnings results on Thursday, May, 24th. The company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.51 by $0.67. The business had revenue of $813.50 million for the quarter, compared to analysts' expectations of $839.64 million. Sanderson Farms had a return on equity of 16.79% and a net margin of 8.20%. Sanderson Farms's revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the company posted $2.94 EPS. View Sanderson Farms' Earnings History.

Sanderson Farms is scheduled to release their next quarterly earnings announcement on Wednesday, August, 22nd 2018. View Earnings Estimates for Sanderson Farms.

9 brokerages have issued twelve-month price targets for Sanderson Farms' stock. Their forecasts range from $89.00 to $170.00. On average, they anticipate Sanderson Farms' stock price to reach $111.75 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Ratings for Sanderson Farms.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanderson Farms in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Sanderson Farms include US Foods (USFD), Blue Buffalo Pet Products (BUFF), PINNACLE FOODS INC Common Stock (PF), Ingredion (INGR), REMY COINTREAU/ADR (REMYY), JBS S A/S (JBSAY), Service Co. International (SCI), Square Enix (SQNXF), San Miguel (SMGBY), Post (POST), 51job (JOBS), Glanbia (GLAPY), COCA COLA AMATI/ADR (CCLAY), BRF S.A. common stock (BRFS) and National Beverage (FIZZ).

Headlines about SAFM stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Sanderson Farms earned a media sentiment score of 0.24 on Accern's scale. They also gave news stories about the company an impact score of 44.90 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Sanderson Farms' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.89%), Bank of Montreal Can (0.22%), Empowered Funds LLC (0.14%), James Investment Research Inc. (0.12%), American National Bank (0.11%) and Midas Management Corp (0.09%). 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.

SAFM stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Hennessy Advisors Inc., Bank of Montreal Can and Municipal Employees Retirement System of Michigan. Company insiders that have sold Sanderson Farms company stock in the last year include Fred L Banks Jr, John Bierbusse, Jones Gail Pittman and Robert C Khayat. View Insider Buying and Selling for Sanderson Farms.

SAFM stock was purchased by a variety of institutional investors in the last quarter, including Midas Management Corp, American National Bank, Adams Asset Advisors LLC, Baltimore Capital Management Inc., Empowered Funds LLC, KAMES CAPITAL plc and First Citizens Bank & Trust Co.. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of SAFM stock can currently be purchased for approximately $99.04.

Sanderson Farms has a market capitalization of $2.26 billion and generates $3.34 billion in revenue each year. The company earns $279.74 million in net income (profit) each year or $12.30 on an earnings per share basis. Sanderson Farms employs 14,669 workers across the globe.

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