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

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

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

Sanderson Farms declared that its board has approved 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 reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

Sanderson Farms, Inc. (NASDAQ:SAFM) issued its quarterly earnings results on Thursday, May, 24th. The company reported $1.84 EPS for the quarter, missing the Zacks' consensus estimate of $2.51 by $0.67. The business earned $813.50 million during the quarter, compared to the consensus estimate of $839.64 million. Sanderson Farms had a net margin of 8.20% and a return on equity of 16.79%. The company's revenue was up 1.4% compared to the same quarter last year. During the same period last year, the business 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 brokers have issued 12-month price objectives for Sanderson Farms' stock. Their forecasts range from $89.00 to $170.00. On average, they expect Sanderson Farms' share price to reach $111.75 in the next twelve months. 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), Service Co. International (SCI), JBS S A/S (JBSAY), REMY COINTREAU/ADR (REMYY), San Miguel (SMGBY), Post (POST), Square Enix (SQNXF), 51job (JOBS), Glanbia (GLAPY), COCA COLA AMATI/ADR (CCLAY), National Beverage (FIZZ) and BRF S.A. common stock (BRFS).

News coverage about SAFM stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sanderson Farms earned a daily sentiment score of 0.04 on Accern's scale. They also gave media coverage about the company an impact score of 46.93 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Sanderson Farms' stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 acquired 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.