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 declared a quarterly dividend on Tuesday, June 27th. Shareholders of record on Thursday, July 13th will be paid a dividend of $0.35 per share on Monday, July 31st. This represents a $1.40 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Tuesday, July 11th. View Campbell Soup Company's Dividend History.

Campbell Soup Company announced that its board has initiated a stock buyback program on Friday, April 7th 2017, which allows the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Campbell Soup Company (NYSE:CPB) posted its quarterly earnings results 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 analysts' expectations of $1.69 billion. Campbell Soup Company had a net margin of 11.24% and a return on equity of 59.84%. The firm's quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the business posted $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 earnings per share 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 stock. Their forecasts range from $43.00 to $58.00. On average, they expect Campbell Soup Company's share price to reach $51.50 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 Foods (CAG), McCormick & Company, Incorporated (MKC), Bunge Limited (BG), Ingredion (INGR), Darling Ingredients (DAR), B&G Foods (BGS), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Greencore Group plc (GNC), Dean Foods Company (DF), MGP Ingredients (MGPI), 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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.76%), Vanguard Group Inc. (4.32%), State Street Corp (2.89%), Bank of New York Mellon Corp (1.85%), State Farm Mutual Automobile Insurance Co. (1.28%) and Schroder Investment Management Group (1.02%). Company insiders that own Campbell Soup Company stock include Anthony Disilvestro, Bennett Dorrance, Carlos Barroso, Denise M Morrison, Edward Carolan, Jeff Dunn 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 Voya Investment Management LLC, Pioneer Investment Management Inc., Alliancebernstein L.P., Brandywine Trust Co., American Century Companies Inc., Bank of New York Mellon Corp, BlackRock Inc. and First Trust Advisors LP. Company insiders that have sold Campbell Soup Company stock in the last year include Carlos Barroso and Edward Carolan. View Insider Buying and Selling for Campbell Soup Company.

Campbell Soup Company's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, LSV Asset Management, Principal Financial Group Inc., FMR LLC, PGGM Investments, First Quadrant L P CA, Koch Industries Inc. and Janus Henderson Group PLC. 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 $46.51.