Campbell Soup Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Campbell Soup in the last year. There are currently 2 sell ratings and 8 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Campbell Soup stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPB, but not buy additional shares or sell existing shares.
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10 Wall Street research analysts have issued 1-year target prices for Campbell Soup's stock. Their CPB stock forecasts range from $42.00 to $50.00. On average, they predict Campbell Soup's share price to reach $46.10 in the next year. This suggests that the stock has a possible downside of 4.9%.
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Campbell Soup's stock was trading at $43.46 on January 1st, 2022. Since then, CPB shares have increased by 11.6% and is now trading at $48.49.
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Campbell Soup is scheduled to release its next quarterly earnings announcement on Wednesday, September 7th 2022.
View our earnings forecast for Campbell Soup.

Campbell Soup (NYSE:CPB) issued its quarterly earnings results on Wednesday, June, 8th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.09. The business had revenue of $2.13 billion for the quarter, compared to analysts' expectations of $2.04 billion. Campbell Soup had a net margin of 11.23% and a trailing twelve-month return on equity of 26.07%. Campbell Soup's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.57 earnings per share.
View Campbell Soup's earnings history.

Campbell Soup announced a quarterly dividend on Tuesday, May 24th. Stockholders of record on Thursday, July 7th will be given a dividend of $0.37 per share on Monday, August 1st. This represents a $1.48 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Wednesday, July 6th.
View Campbell Soup's dividend history.

Campbell Soup(NYSE:CPB) pays an annual dividend of $1.48 per share and currently has a dividend yield of 3.05%. The dividend payout ratio of Campbell Soup is 47.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Campbell Soup will have a dividend payout ratio of 50.86% next year. This indicates that Campbell Soup will be able to sustain or increase its dividend.
View Campbell Soup's dividend history.

Campbell Soup announced that its board has initiated a share repurchase program on Wednesday, September 1st 2021, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 3.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Campbell Soup issued an update on its FY 2022 earnings guidance on Wednesday, June, 29th. The company provided EPS guidance of $2.75-$2.85 for the period, compared to the consensus EPS estimate of $2.78. The company issued revenue guidance of $8.48 billion-$8.56 billion, compared to the consensus revenue estimate of $8.41 billion.

94 employees have rated Campbell Soup CEO Mark Clouse on Glassdoor.com. Mark Clouse has an approval rating of 87% among Campbell Soup's employees.

Some companies that are related to Campbell Soup include Hershey (HSY), Mondelez International (MDLZ), General Mills (GIS), Tyson Foods (TSN), Hormel Foods (HRL), Kellogg (K), McCormick & Company, Incorporated (MKC), Conagra Brands (CAG), J. M. Smucker (SJM), Pilgrim's Pride (PPC), Flowers Foods (FLO), Post (POST), Sanderson Farms (SAFM), Seaboard (SEB) and Lancaster Colony (LANC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Campbell Soup investors own include AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), Pfizer (PFE), Cisco Systems (CSCO), CVS Health (CVS), Verizon Communications (VZ), General Electric (GE), JPMorgan Chase & Co. (JPM) and Procter & Gamble (PG).

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

Shares of CPB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CPB stock can currently be purchased for approximately $48.49.

Campbell Soup (NYSE:CPB) has a market capitalization of $14.58 billion and generates $8.48 billion in revenue each year. The company earns $1.00 billion in net income (profit) each year or $3.129990 on an earnings per share basis.

Campbell Soup employs 14,100 workers across the globe.

Campbell Soup was founded in 1869.

Campbell Soup's mailing address is 1 CAMPBELL PL, CAMDEN NJ, 08103. The official website for Campbell Soup is www.campbellsoupcompany.com. The company can be reached via phone at (856) 342-4800, via email at ken_gosnell@campbellsoup.com, or via fax at 856-342-3878.