Skip to main content
NYSE:HRL

Hormel Foods Stock Forecast, Price & News

$46.88
-0.34 (-0.72 %)
(As of 05/12/2021 12:00 AM ET)
Add
Compare
Today's Range
$46.87
$47.48
50-Day Range
$45.95
$48.69
52-Week Range
$43.45
$52.97
Volume1.89 million shs
Average Volume2.48 million shs
Market Capitalization$25.32 billion
P/E Ratio28.07
Dividend Yield2.08%
Beta-0.06
30 days | 90 days | 365 days | Advanced Chart
Receive HRL News and Ratings via Email

Sign-up to receive the latest news and ratings for Hormel Foods and its competitors with MarketBeat's FREE daily newsletter.


Hormel Foods logo

About Hormel Foods

Hormel Foods Corporation produces and markets various meat and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products, such as canned luncheon meats, peanut butters, chilies, shelf-stable microwaveable meals, hashes, stews, meat spreads, flour and corn tortillas, salsas, tortilla chips, and other products. The company also provides turkey products; nutritional food products and supplements; dessert and drink mixes; and industrial gelatin products. It sells its products under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, etc. brand names through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry Meat packing plants
Sub-IndustryPackaged Foods & Meats
CUSIP44045210
Phone507-437-5611
Employees20,100
Year Founded1891

Sales & Book Value

Annual Sales$9.61 billion
Cash Flow$2.20 per share
Book Value$11.91 per share

Profitability

Net Income$908.08 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$25.32 billion
Next Earnings Date5/20/2021 (Confirmed)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

1.87 out of 5 stars

Consumer Staples Sector

37th out of 301 stocks

Meat Packing Plants Industry

1st out of 6 stocks

Analyst Opinion: 0.9Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Hormel Foods (NYSE:HRL) Frequently Asked Questions

Is Hormel Foods a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hormel Foods in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Hormel Foods stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRL, but not buy additional shares or sell existing shares.
View analyst ratings for Hormel Foods
or view top-rated stocks.

What stocks does MarketBeat like better than Hormel Foods?

Wall Street analysts have given Hormel Foods a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Hormel Foods wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Hormel Foods' next earnings date?

Hormel Foods is scheduled to release its next quarterly earnings announcement on Thursday, May 20th 2021.
View our earnings forecast for Hormel Foods
.

How can I listen to Hormel Foods' earnings call?

Hormel Foods will be holding an earnings conference call on Thursday, May 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Hormel Foods' earnings last quarter?

Hormel Foods Co. (NYSE:HRL) posted its earnings results on Wednesday, February, 17th. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The business earned $2.46 billion during the quarter, compared to analysts' expectations of $2.38 billion. Hormel Foods had a trailing twelve-month return on equity of 14.55% and a net margin of 9.45%. During the same period last year, the firm earned $0.45 EPS.
View Hormel Foods' earnings history
.

How has Hormel Foods' stock been impacted by COVID-19?

Hormel Foods' stock was trading at $42.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HRL shares have increased by 10.9% and is now trading at $46.88.
View which stocks have been most impacted by COVID-19
.

How often does Hormel Foods pay dividends? What is the dividend yield for Hormel Foods?

Hormel Foods announced a quarterly dividend on Monday, March 22nd. Stockholders of record on Monday, April 12th will be given a dividend of $0.245 per share on Monday, May 17th. This represents a $0.98 annualized dividend and a yield of 2.09%. The ex-dividend date is Friday, April 9th.
View Hormel Foods' dividend history
.

Is Hormel Foods a good dividend stock?

Hormel Foods pays an annual dividend of $0.98 per share and currently has a dividend yield of 2.08%. Hormel Foods has been increasing its dividend for 53 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Hormel Foods is 59.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hormel Foods will have a dividend payout ratio of 52.97% next year. This indicates that Hormel Foods will be able to sustain or increase its dividend.
View Hormel Foods' dividend history.

When did Hormel Foods' stock split? How did Hormel Foods' stock split work?

Hormel Foods shares split on Wednesday, February 10th 2016. The 2-1 split was announced on Wednesday, November 25th 2015. The newly issued shares were distributed to shareholders after the closing bell on Tuesday, February 9th 2016. An investor that had 100 shares of Hormel Foods stock prior to the split would have 200 shares after the split.

What guidance has Hormel Foods issued on next quarter's earnings?

Hormel Foods issued an update on its FY 2021 Pre-Market earnings guidance on Thursday, February, 18th. The company provided EPS guidance of 1.70-1.82 for the period, compared to the Thomson Reuters consensus estimate of $1.73. The company issued revenue guidance of $9.7-10.3 billion, compared to the consensus revenue estimate of $9.96 billion.

What price target have analysts set for HRL?

5 brokerages have issued twelve-month price objectives for Hormel Foods' stock. Their forecasts range from $40.00 to $56.00. On average, they expect Hormel Foods' share price to reach $46.25 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts' price targets for Hormel Foods
or view top-rated stocks among Wall Street analysts.

Who are Hormel Foods' key executives?

Hormel Foods' management team includes the following people:
  • Mr. James P. Snee, Chairman, Pres & CEO (Age 54, Pay $6.59M) (LinkedIn Profile)
  • Mr. James N. Sheehan, Exec. VP & CFO (Age 66, Pay $1.83M) (LinkedIn Profile)
  • Ms. Lori J. Marco, Sr. VP of External Affairs & Gen. Counsel (Age 54, Pay $1.24M) (LinkedIn Profile)
  • Ms. Deanna T. Brady, Exec. VP of Refrigerated Foods (Age 56, Pay $1.36M) (LinkedIn Profile)
  • Mr. Glenn R. Leitch, Exec. VP of Supply Chain (Age 61, Pay $1.77M)
  • Mr. Nathan P. Annis, Director of Investor Relations
  • Mr. Pierre M. Lilly, Sr. VP & Chief Compliance Officer (LinkedIn Profile)
  • Ms. Wendy A. Watkins, VP of Corp. Communications
  • Mr. Fred D. Halvin, VP of Corp. Devel.
  • Ms. Janet L. Hogan, Sr. VP of HR (Age 57) (LinkedIn Profile)

What is James P. Snee's approval rating as Hormel Foods' CEO?

104 employees have rated Hormel Foods CEO James P. Snee on Glassdoor.com. James P. Snee has an approval rating of 89% among Hormel Foods' employees.

Who are some of Hormel Foods' key competitors?

What other stocks do shareholders of Hormel Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hormel Foods investors own include Johnson & Johnson (JNJ), AT&T (T), AbbVie (ABBV), The Procter & Gamble (PG), Walmart (WMT), The Walt Disney (DIS), Exxon Mobil (XOM), Medtronic (MDT), NVIDIA (NVDA) and PepsiCo (PEP).

What is Hormel Foods' stock symbol?

Hormel Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRL."

Who are Hormel Foods' major shareholders?

Hormel Foods' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.26%), Geode Capital Management LLC (0.93%), Principal Financial Group Inc. (0.86%), Northern Trust Corp (0.72%), Swiss National Bank (0.42%) and Victory Capital Management Inc. (0.36%). Company insiders that own Hormel Foods stock include Deanna T Brady, Elsa A Murano, Gary Jamison, Glenn R Leitch, Glenn S Forbes, Howse Steve, James M Splinter, James N Sheehan, Jana L Haynes, Kevin L Myers, Larry L Vorpahl, Lori J Marco, Luis G Marconi, Patrick J Connor, Robert Nakasone, Steven J Lykken, Susan K Nestegard, Swen Neufeldt, Terrell K Crews, Thomas R Day and Todd James.
View institutional ownership trends for Hormel Foods
.

Which major investors are selling Hormel Foods stock?

HRL stock was sold by a variety of institutional investors in the last quarter, including Unigestion Holding SA, BlackRock Inc., Envestnet Asset Management Inc., New York State Common Retirement Fund, Victory Capital Management Inc., US Bancorp DE, Comerica Bank, and Fifth Third Bancorp. Company insiders that have sold Hormel Foods company stock in the last year include Deanna T Brady, Elsa A Murano, Gary Jamison, Glenn R Leitch, James M Splinter, James N Sheehan, Lori J Marco, Luis G Marconi, Susan K Nestegard, Swen Neufeldt, and Terrell K Crews.
View insider buying and selling activity for Hormel Foods
or view top insider-selling stocks.

Which major investors are buying Hormel Foods stock?

HRL stock was bought by a variety of institutional investors in the last quarter, including Tobam, American International Group Inc., UBS Group AG, Acadian Asset Management LLC, Geode Capital Management LLC, Principal Financial Group Inc., JPMorgan Chase & Co., and Forsta AP Fonden. Company insiders that have bought Hormel Foods stock in the last two years include Steven J Lykken, Swen Neufeldt, and Todd James.
View insider buying and selling activity for Hormel Foods
or or view top insider-buying stocks.

How do I buy shares of Hormel Foods?

Shares of HRL 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.
Compare Top Brokerages Here.

What is Hormel Foods' stock price today?

One share of HRL stock can currently be purchased for approximately $46.88.

How much money does Hormel Foods make?

Hormel Foods has a market capitalization of $25.32 billion and generates $9.61 billion in revenue each year. The company earns $908.08 million in net income (profit) each year or $1.66 on an earnings per share basis.

How many employees does Hormel Foods have?

Hormel Foods employs 20,100 workers across the globe.

Does Hormel Foods have any subsidiaries?

The following companies are subsidiares of Hormel Foods: 199 Ventures LLC, Alma Foods LLC, Applegate, Applegate Farms LLC, Applegate Investment Corporation, Arriba Foods Inc., Beijing Hormel Business Management Co. Ltd., Beijing Hormel Foods Co. Ltd., Boca Grande Foods Inc., Burke Corporation, Burke Marketing Corporation, Campoco Inc., Castelmassa Participação S.A., Century Foods International, Century Foods International LLC, Century Foods Land Development LLC, Ceratti, ChampBev Inc., Cidade do Sol Alimentos S.A., Clean Field Comercio de Produtos Alimenticios Ltda., Columbus Manufacturing, Columbus Manufacturing Inc., Creative Contract Packaging LLC, Cultivated Foods LLC, CytoSport, Dan’s Prize Inc., Diamond Crystal Brands, Diversified Foods Insurance Company LLC, Dold Foods LLC, Farmer John, Fontanini Foods LLC, Fontanini Italian Meats and Sausages, HF International Holdings C.V., Hormel (China) Investment Co. Ltd., Hormel Canada Ltd., Hormel Financial Services Corporation, Hormel Foods Asia Pacific Pte. Ltd., Hormel Foods Australia Pty Limited, Hormel Foods Brazil Paricipações Ltda., Hormel Foods Corporate Services LLC, Hormel Foods International Corporation, Hormel Foods Japan KK, Hormel Foods LLC, Hormel Foods México S. de R.L. de C.V., Hormel Foods Sales LLC, Hormel Health Labs LLC, Hormel International Investments LLC, Hormel MM Holding Corporation, Hormel Netherlands B.V., JJOTS LLC, Jennie-O Turkey Store, Jennie-O Turkey Store Inc., Jennie-O Turkey Store International Inc., Jennie-O Turkey Store LLC, Jennie-O Turkey Store Sales LLC, Jiaxing Hormel Foods Co. Ltd., Justin’s, Justin’s LLC, Lloyd's Barbeque, Lloyd’s Barbeque Company LLC, Logistic Service LLC, Mark Lynn Foods Inc., Melting Pot Foods LLC, Mespil Inc., Mexican Accent LLC, Mountain Prairie LLC, Omamori Indústria de Alimentos Ltda., Osceola Food LLC, PT Hormel Garudafood Jaya, Papillion Foods LLC, Pistóia – Participações S.A., Planters, Progressive Processing LLC, Provena Foods Inc., R.N.C. – Participações Ltda., Rochelle Foods LLC, SKIPPY, Saag's Products, Sadler's Smokehouse LLC, Sadler's Smokehouse Ltd, Shanghai Hormel Foods Co. Ltd., Shedd’s Country Crock Business - Unilever, Skippy Foods LLC, Stagg Foods LLC, Talis Distribuidora de Alimentos Ltda., Valley Fresh, Valley Fresh Inc., and West Central Turkeys LLC.

When was Hormel Foods founded?

Hormel Foods was founded in 1891.

What is Hormel Foods' official website?

The official website for Hormel Foods is www.hormelfoods.com.

Where are Hormel Foods' headquarters?

Hormel Foods is headquartered at 1 HORMEL PL, AUSTIN MN, 55912.

How can I contact Hormel Foods?

Hormel Foods' mailing address is 1 HORMEL PL, AUSTIN MN, 55912. The company can be reached via phone at 507-437-5611 or via email at [email protected]


This page was last updated on 5/13/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.