Campbell Soup Company Company Profile (NYSE:CPB)

Campbell Soup Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPB."

Campbell Soup Company announced a quarterly dividend on Wednesday, September 27th. Investors of record on Friday, October 13th will be given a dividend of $0.35 per share on Monday, October 30th. This represents a $1.40 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Thursday, October 12th. View Campbell Soup Company's Dividend History.

Campbell Soup Company announced that its Board of Directors has authorized a share buyback program on Friday, April 7th 2017, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Campbell Soup Company (NYSE:CPB) released its quarterly earnings data on Thursday, August, 31st. The company reported $0.52 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.03. The company earned $1.66 billion during the quarter, compared to analyst estimates of $1.69 billion. Campbell Soup Company had a net margin of 11.24% and a return on equity of 59.84%. The business's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.46 earnings per share. View Campbell Soup Company's Earnings History.

Campbell Soup Company is scheduled to release their next quarterly earnings announcement on Tuesday, November, 28th 2017. View Earnings Estimates for Campbell Soup Company.

Campbell Soup Company updated its FY18 earnings guidance on Thursday, August, 31st. The company provided EPS guidance of $3.04 to $3.11 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.20. The company issued revenue guidance of down 0-2% to $7732.2-7890 million, compared to the consensus revenue estimate of $8.02 billion.

11 analysts have issued 12-month price targets for Campbell Soup Company's shares. Their forecasts range from $43.00 to $58.00. On average, they expect Campbell Soup Company's share price to reach $51.40 in the next twelve months. View Analyst Ratings for Campbell Soup Company.

Here are some recent quotes from research analysts about Campbell Soup Company stock:

• 1. According to Zacks Investment Research, "Campbell Soup has lagged the industry year to date, largely due to its top line, which hasn’t witnessed year-over-year growth for quite some time now. Moreover, it has missed the Zacks Consensus Estimate for three straight quarters now. Much of this debacle could be attributed to a difficult packaged food industry landscape, where sales have been soft due to consumers changing food preferences, evolving shopping trends and a tough retail environment. These factors also hurt Campbell’s fourth-quarter fiscal 2017 results that fell short of estimates. Also, the company expects a tough operating scenario in fiscal 2018, which led to a cautious view. Nonetheless, Campbell’s solid cost savings helped it achieve EBIT and EPS growth in fiscal 2017. Also, the company is on track with its four key strategies. This is partly clear from its deal with Pacific Foods, which reflects Campbell’s focus on expanding in the organic food space." (9/4/2017)
• 2. Credit Suisse Group analysts commented, "With Model 3 rollout nearing, we assess how it will impact the company’s Advanced Driver Assist System (ADAS) and ambitions around machine learning. We believe Model 3 is critical to TSLA’s ADAS position for two reasons. First, TSLA’s ability to accelerate learning cycles related to characterizing driving behavior is facilitated by high volume rollout of Model 3, but the ability to process that data and create driving applications appears nascent and the challenge is extensive. Second, we believe leveraging consumer balance sheets for its technology development is an underappreciated aspect of the business." (5/24/2017)
• 3. Stifel Nicolaus analysts commented, "Campbell reported 2Q17 EPS of $0.91 which was up $0.04 (5%) versus the prior year which outpaced our consensus matching estimate by $0.04. The outperformance was driven by a lower tax rate ($0.05) and underlying sales remain weak with declines in each segment. With a lower tax rate and heavier savings for the year ($85 million now), the company maintained EPS guidance for the year. These tailwinds offset weaker trends at C-Fresh and softer sales growth overall. We continue with our Hold rating." (2/21/2017)
• 4. Royal Bank Of Canada analysts commented, "We are increasing our estimates and price target ahead of fiscal 2Q17 earnings to reflect a bounce-back in Chunky soup sales (up 12%) after last year's merchandising execution issues. This has led to the sequential improvement in the company's overall US sales despite a meaningful pull-back in promotional activity, which suggests gross margin upside this quarter. Given improving trends, we would not be surprised to see a step up in EPS guidance on Friday." (2/15/2017)

Some companies that are related to Campbell Soup Company include Associated British Foods plc (ABF), Archer-Daniels-Midland Company (ADM), Hershey Company (The) (HSY), Kellogg Company (K), Conagra Brands (CAG), McCormick & Company, Incorporated (MKC), Bunge Limited (BG), Ingredion Incorporated (INGR), Darling Ingredients (DAR), B&G Foods (BGS), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Greencore Group plc (GNC), MGP Ingredients (MGPI), Dean Foods Company (DF), SunOpta (STKL), Hilton Food Group plc (HFG) and Premier Foods Plc (PFD).

Campbell Soup Company's management team includes the folowing people:

• Denise M. Morrison, President, Chief Executive Officer, Director
• Anthony P. DiSilvestro, Chief Financial Officer, Senior Vice President
• Edward Carolan, President - Campbell Fresh
• Robert W. Morrissey, Chief Human Resource Officer, Senior Vice President
• Adam G. Ciongoli, Senior Vice President, General Counsel
• Jim Sterbenz, Senior Vice President - U.S. Sales
• Mark R. Alexander, Senior Vice President, President – Americas Simple Meals and Beverages
• Carlos J. Barroso, Senior Vice President - Global Research & Development and Quality
• Bob Furbee, Senior Vice President, Campbell Soup Company and Senior Vice President - Global Supply Chain
• Bethmara Kessler, Senior Vice President - Integrated Global Services

Campbell Soup Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include PGGM Investments (0.22%), Shell Asset Management Co. (0.04%), Robeco Institutional Asset Management B.V. (0.04%), Assenagon Asset Management S.A. (0.01%), Mutual of America Capital Management LLC (0.01%) and Viking Fund Management LLC (0.01%). Company insiders that own Campbell Soup Company stock include Anthony Disilvestro, Bennett Dorrance, Carlos Barroso, Charles R Perrin, Denise M Morrison, Edward Carolan, Jeff Dunn, Luca Mignini and William J O'shea. View Institutional Ownership Trends for Campbell Soup Company.

Campbell Soup Company's stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Moloney Securities Asset Management LLC and Mutual of America Capital Management LLC. Company insiders that have sold Campbell Soup Company stock in the last year include Carlos Barroso and Charles R Perrin. View Insider Buying and Selling for Campbell Soup Company.

Campbell Soup Company's stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Assenagon Asset Management S.A., PGGM Investments, Meeder Asset Management Inc. and Viking Fund Management LLC. Company insiders that have bought Campbell Soup Company stock in the last two years include Bennett Dorrance and Luca Mignini. View Insider Buying and Selling for Campbell Soup Company.

Shares of Campbell Soup Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Campbell Soup Company stock can currently be purchased for approximately $45.97.