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, March 22nd. Investors of record on Wednesday, April 12th will be given a dividend of $0.35 per share on Monday, May 1st. This represents a $1.40 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Monday, April 10th. View Campbell Soup Company's Dividend History.

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

Campbell Soup Company (NYSE:CPB) posted its quarterly earnings results on Friday, May, 19th. The company reported $0.59 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.05. The business earned $1.85 billion during the quarter, compared to analysts' expectations of $1.87 billion. Campbell Soup Company had a net margin of 8.30% and a return on equity of 58.62%. The firm's quarterly revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 EPS. View Campbell Soup Company's Earnings History.

Campbell Soup Company updated its FY17 earnings guidance on Friday, May, 19th. The company provided EPS guidance of $3.04-3.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.06. The company issued revenue guidance of flat to down 1% to ~$7.88-7.96 billion, compared to the consensus revenue estimate of $7.95 billion.

11 brokerages have issued twelve-month target prices for Campbell Soup Company's stock. Their predictions range from $54.00 to $68.00. On average, they anticipate Campbell Soup Company's stock price to reach $59.34 in the next year. View Analyst Ratings for Campbell Soup Company.

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

• 1. Credit Suisse Group AG 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)
• 2. According to Zacks Investment Research, "Campbell’s shares have outperformed the broader industry in the last three months, gaining from its growth efforts, robust cost savings and impressive bottom-line performance. The company came out with second-quarter fiscal 2017 results, where earnings jumped year over year and also marked its second straight beat. Further, the company witnessed continued gross margin expansion, thanks to its superb cost savings plan, which is running ahead of schedule. This also encouraged management to raise its cost savings target. However, sales remained soft owing to dismal C-Fresh performance, which in turn was hurt by weak carrot sales and lingering effect of the Bolthouse Farms product recall. Moreover, management expects growth at this division to remain sluggish in the near term. Nonetheless, solid momentum across its core U.S. soup business (among others), new product launches and solid strategies led management to retain its fiscal 2017 view." (2/22/2017)
• 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 General Mills (GIS), Kellogg Company (K), Conagra Brands (CAG), Mead Johnson Nutrition CO (MJN), J M Smucker Co (SJM), McCormick & Company, Incorporated (MKC), Ingredion (INGR), Gruma S.A.B. de C.V. (GMK), TreeHouse Foods (THS), Flowers Foods (FLO), Snyder's-Lance (LNCE), B&G Foods (BGS), J & J Snack Foods Corp (JJSF), MGP Ingredients (MGPI), SunOpta (STKL), Farmer Brothers (FARM), Omega Protein (OME) and Inventure Foods (SNAK).

Campbell Soup Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.82%), Vanguard Group Inc. (4.25%), State Street Corp (2.85%), Bank of New York Mellon Corp (1.93%), State Farm Mutual Automobile Insurance Co. (1.28%) and Waldron LP (1.23%). Company insiders that own Campbell Soup Company stock include Anthony Disilvestro, Bennett Dorrance, Carlos Barroso, Denise M Morrison, Edward Carolan, Jeff Dunn, Paul R Charron, Randall W Larrimore, Robert W Morrissey, Sara Mathew 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 Janus Capital Management LLC, Pioneer Investment Management Inc., Manning & Napier Advisors LLC, Marshall Wace LLP, JPMorgan Chase & Co., Parametric Portfolio Associates LLC, State of New Jersey Common Pension Fund D and Credit Suisse AG. Company insiders that have sold Campbell Soup Company stock in the last year include Carlos Barroso, Edward Carolan, Jeff Dunn and William J O'shea. View Insider Buying and Selling for Campbell Soup Company.

Campbell Soup Company's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Waldron LP, Schroder Investment Management Group, Alliancebernstein L.P., Gotham Asset Management LLC, American Century Companies Inc., APG Asset Management N.V. and Renaissance Technologies LLC. 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 $58.96.