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

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$99.04 +0.05 (+0.05 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$99.04
Today's Range$97.50 - $99.90
52-Week Range$96.80 - $176.43
Volume364,448 shs
Average Volume405,905 shs
Market Capitalization$2.26 billion
P/E Ratio9.23
Dividend Yield1.29%
Beta0.39
Sanderson Farms logoSanderson 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 pack, chill pack, bulk pack, and frozen chicken in whole, cut-up, and boneless form 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 in the 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Poultry slaughtering & processing
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
SymbolNASDAQ:SAFM
CUSIP80001310
Phone601-649-4030

Debt

Debt-to-Equity RatioN/A
Current Ratio4.64
Quick Ratio3.10

Price-To-Earnings

Trailing P/E Ratio9.23
Forward P/E Ratio15.33
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.34 billion
Price / Sales0.68
Cash Flow$17.4674 per share
Price / Cash5.67
Book Value$63.00 per share
Price / Book1.57

Profitability

EPS (Most Recent Fiscal Year)$12.30
Net Income$279.74 million
Net Margins8.20%
Return on Equity16.79%
Return on Assets14.09%

Miscellaneous

Employees14,669
Outstanding Shares22,840,000
Market Cap$2,261.68

Sanderson Farms (NASDAQ:SAFM) Frequently Asked Questions

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, 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.

How will Sanderson Farms' stock buyback program work?

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.

How were Sanderson Farms' earnings last quarter?

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.

When is Sanderson Farms' next earnings date?

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

What price target have analysts set for SAFM?

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.

What is the consensus analysts' recommendation 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."

Who are some of Sanderson Farms' key competitors?

Who are Sanderson Farms' key executives?

Sanderson Farms' management team includes the folowing people:
  • Mr. Joe F. Sanderson Jr., Chairman & CEO (Age 70)
  • Mr. Lampkin Butts, Pres, COO & Director (Age 67)
  • Mr. D. Michael Cockrell, CFO, Treasurer & Director (Age 60)
  • Mr. Timothy F. Rigney, Corp. Sec., Chief Accounting Officer & Controller (Age 54)
  • Mr. Brian Romano, Director of Admin.

Has Sanderson Farms been receiving favorable news coverage?

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.

Who are Sanderson Farms' major shareholders?

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.

Which institutional investors are selling Sanderson Farms stock?

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.

Which institutional investors are buying Sanderson Farms stock?

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.

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, Scottrade, Fidelity and Charles Schwab.

What is Sanderson Farms' stock price today?

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

How big of a company is Sanderson Farms?

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.

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.


MarketBeat Community Rating for Sanderson Farms (NASDAQ SAFM)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  513
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.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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