Hormel Foods Corp. Company Profile (NYSE:HRL)

About Hormel Foods Corp.

Hormel Foods Corp. logoHormel Foods Corporation is a multinational manufacturer and marketer of food and meat products. The Company operates through five segments: Grocery Products, which consists of the processing, marketing and sale of shelf-stable food products sold in the retail market; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork and beef products for retail, foodservice and fresh product customers; Jennie-O Turkey Store, which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; Specialty Foods, which consists of the packaging and sale of private label shelf stable products, nutritional products, sugar and condiments to industrial, retail and foodservice customers, and International & Other, which includes the Hormel Foods International Corporation, which manufactures, markets and sells the Company products internationally.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Meat Products
  • Sub-Industry: Packaged Foods & Meats
  • Exchange: NYSE
  • Symbol: HRL
  • CUSIP: 44045210
Key Metrics:
  • Previous Close: $38.37
  • 50 Day Moving Average: $37.45
  • 200 Day Moving Average: $37.87
  • 52-Week Range: $31.00 - $45.72
  • Trailing P/E Ratio: 24.92
  • Foreward P/E Ratio: 22.98
  • P/E Growth: 2.30
  • Market Cap: $20.31B
  • Outstanding Shares: 529,200,000
  • Beta: 0.56
Profitability:
  • Net Margins: 8.96%
  • Return on Equity: 20.06%
  • Return on Assets: 13.71%
Debt:
  • Debt-to-Equity Ratio: 0.06%
  • Current Ratio: 1.78%
  • Quick Ratio: 0.86%
Additional Links:
Companies Related to Hormel Foods Corp.:

Analyst Ratings

Consensus Ratings for Hormel Foods Corp. (NYSE:HRL) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.18)
Consensus Price Target: $39.38 (2.62% upside)

Analysts' Ratings History for Hormel Foods Corp. (NYSE:HRL)
Show:
DateFirmActionRatingPrice TargetDetails
9/27/2016Credit Suisse Group AGReiterated RatingOutperform -> Outperform$43.00View Rating Details
9/16/2016Oppenheimer Holdings Inc.Initiated CoverageMarket Perform$39.00View Rating Details
9/16/2016Edward JonesUpgradeHold -> BuyView Rating Details
8/19/2016BMO Capital MarketsUpgradeMarket Perform -> Outperform$44.00View Rating Details
8/16/2016Deutsche Bank AGReiterated RatingHold$38.00View Rating Details
8/3/2016Jefferies GroupReiterated RatingHoldView Rating Details
4/13/2016Credit Agricole SAInitiated CoverageUnderperformView Rating Details
4/5/2016BB&T Corp.DowngradeHold -> UnderweightView Rating Details
2/17/2016Goldman Sachs Group Inc.Boost Price TargetNeutral$34.50 -> $39.00View Rating Details
11/25/2015StephensUpgradeEqual Weight -> Overweight$31.50 -> $40.00View Rating Details
10/19/2015Buckingham ResearchInitiated CoverageNeutral$34.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for Hormel Foods Corp. (NYSE:HRL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/22/2016        
8/18/2016Q316$0.35$0.36$2.26 billion$2.30 billionViewListenView Earnings Details
5/18/2016Q216$0.39$0.40$2.30 billion$2.30 billionViewListenView Earnings Details
2/16/2016Q116$0.37$0.43$2.40 billion$2.30 billionViewListenView Earnings Details
11/24/2015Q415$0.69$0.74$2.51 billion$2.40 billionViewListenView Earnings Details
8/19/2015Q315$0.55$0.56$2.28 billion$22.19 billionViewListenView Earnings Details
5/20/2015Q215$0.63$0.67$2.39 billion$2.27 billionViewListenView Earnings Details
2/19/2015Q115$0.64$0.69$2.47 billion$2.40 billionViewListenView Earnings Details
11/25/2014Q414$0.63$0.63$2.52 billion$2.54 billionViewListenView Earnings Details
8/21/2014Q314$0.49$0.51$2.23 billion$2.29 billionViewListenView Earnings Details
5/21/2014Q214$0.56$0.52$2.24 billion$2.20 billionViewListenView Earnings Details
2/20/2014Q114$0.58$0.57$2.25 billion$2.24 billionViewListenView Earnings Details
11/26/2013Q4$0.54$0.58$2.30 billion$2.32 billionViewListenView Earnings Details
8/22/2013Q3 2013$0.45$0.42$2.12 billion$2.16 billionViewListenView Earnings Details
5/23/2013Q2 2013$0.49$0.46$2.19 billion$2.15 billionViewListenView Earnings Details
2/21/2013Q1 2013$0.49$0.48$2.14 billion$2.12 billionViewListenView Earnings Details
11/20/20120.49$0.49$2.17 billionViewN/AView Earnings Details
8/23/2012Q212$0.41$0.41$2.01 billion$2.00 billionViewN/AView Earnings Details
5/23/2012$0.41$0.48ViewN/AView Earnings Details
2/23/2012$0.48$0.48ViewN/AView Earnings Details
11/22/2011$0.42$0.43ViewN/AView Earnings Details
8/25/2011$0.35$0.37ViewN/AView Earnings Details
5/25/2011$0.40$0.40ViewN/AView Earnings Details
2/22/2011$0.43$0.55ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hormel Foods Corp. (NYSE:HRL)
Current Year EPS Consensus Estimate: $1.63 EPS
Next Year EPS Consensus Estimate: $1.67 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.69$0.74$0.71
Q2 20163$0.37$0.70$0.49
Q3 20162$0.34$0.35$0.35
Q4 20165$0.42$0.80$0.57
Q1 20171$0.42$0.42$0.42
Q2 20171$0.41$0.41$0.41
Q3 20171$0.37$0.37$0.37
Q4 20171$0.42$0.42$0.42
Q1 20181$0.52$0.52$0.52
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hormel Foods Corp. (NYSE:HRL)
Annual Dividend:$0.58
Dividend Yield:1.51%
Dividend Growth:18.60% (3 Year Average)
Payout Ratio:37.79% (Based on Trailing 12 Months of Earnings)
35.58% (Based on Current Year Consensus EPS Estimate)
34.73% (Based on Next Year Consensus EPS Estimate)
Track Record:49 Years of Consecutive Dividend Growth

Dividend History for Hormel Foods Corp. (NYSE:HRL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/26/2016quarterly$0.151.52%10/20/201610/24/201611/15/2016
5/23/2016quarterly$0.151.67%7/14/20167/18/20168/15/2016
3/29/2016quarterly$0.151.32%4/14/20164/18/20165/16/2016
11/23/2015quarterly$0.291.63%1/14/20161/19/20162/16/2016
9/28/2015quarterly$0.251.62%10/15/201510/19/201511/16/2015
5/18/2015quarterly$0.251.79%7/16/20157/20/20158/17/2015
3/23/2015quarterly$0.251.77%4/16/20154/20/20155/15/2015
11/26/2014quarterly$0.251.9%1/15/20151/20/20152/17/2015
9/22/2014quarterly$0.201.6%10/16/201410/20/201411/14/2014
5/19/2014quarterly$0.201.65%7/17/20147/21/20148/15/2014
3/24/2014quarterly$0.201.67%4/16/20144/21/20145/15/2014
11/26/2013quarterly$0.201.78%1/17/20141/22/20142/14/2014
9/23/2013quarterly$0.171.58%10/17/201310/21/201311/15/2013
5/20/2013quarterly$0.171.6%7/18/20137/22/20138/15/2013
3/25/2013quarterly$0.171.69%4/18/20134/22/20135/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Hormel Foods Corp. (NYSE:HRL)
Insider Ownership Percentage: 3.54%
Institutional Ownership Percentage: 34.10%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/27/2016Brian Dean JohnsonVPSell3,500$38.00$133,000.00View SEC Filing  
9/7/2016Deanna T BradyInsiderSell400$38.06$15,224.00View SEC Filing  
8/30/2016Larry L. VorpahlInsiderSell400$37.88$15,152.00View SEC Filing  
7/1/2016Dakota A PippinsDirectorSell5,000$36.74$183,700.00View SEC Filing  
6/28/2016Steven G. BinderEVPSell400$34.98$13,992.00View SEC Filing  
4/7/2016Dakota A PippinsDirectorSell2,269$42.98$97,521.62View SEC Filing  
4/6/2016Elsa A MuranoDirectorSell6,001$43.00$258,043.00View SEC Filing  
4/5/2016Elsa A MuranoDirectorSell1$42.10$42.10View SEC Filing  
3/18/2016Bryan D FarnsworthSVPSell14,196$43.69$620,223.24View SEC Filing  
3/17/2016Thomas R DayVPSell10,000$44.00$440,000.00View SEC Filing  
3/11/2016Donald H KreminVPSell9,059$43.55$394,519.45View SEC Filing  
3/8/2016Deanna T BradyVPSell21,038$43.69$919,150.22View SEC Filing  
2/24/2016James N. SheehanVPSell26,489$43.44$1,150,682.16View SEC Filing  
2/23/2016Roland G. GentzlerVPSell19,154$43.51$833,390.54View SEC Filing  
2/22/2016Jody H FeragenCFOSell80,000$42.91$3,432,800.00View SEC Filing  
1/8/2016Bryan D. FarnsworthSVPSell7,028$79.24$556,898.72View SEC Filing  
1/8/2016Donald H KreminVPSell3,000$79.34$238,020.00View SEC Filing  
1/5/2016Donald H. KreminVPSell3,000$79.21$237,630.00View SEC Filing  
12/17/2015Dakota A PippinsDirectorSell1,632$80.09$130,706.88View SEC Filing  
12/11/2015Jody H FeragenCFOSell23,000$76.95$1,769,850.00View SEC Filing  
8/26/2015Steven G. BinderEVPSell10,000$59.36$593,600.00View SEC Filing  
8/24/2015Jeffrey M EttingerCEOSell3,736$60.40$225,654.40View SEC Filing  
7/9/2015Elsa A MuranoDirectorSell2,262$57.52$130,110.24View SEC Filing  
6/29/2015Elsa A MuranoDirectorSell2,738$57.00$156,066.00View SEC Filing  
6/23/2015Roland G GentzlerVPSell7,389$57.70$426,345.30View SEC Filing  
6/18/2015Larry L VorpahlVPSell59,389$57.22$3,398,238.58View SEC Filing  
6/11/2015Dakota A PippinsDirectorSell2,409$56.79$136,807.11View SEC Filing  
6/9/2015Dakota A PippinsDirectorSell2,600$56.05$145,730.00View SEC Filing  
6/3/2015Roland G GentzlerVPSell1,500$57.03$85,545.00View SEC Filing  
5/29/2015James N SheehanVPSell8,000$58.02$464,160.00View SEC Filing  
4/1/2015Nick DemareDirectorBuy405,000$0.02$6,075.00
2/26/2015Steven G BinderEVPSell10,000$58.45$584,500.00View SEC Filing  
12/12/2014Dakota A PippinsDirectorSell1,646$51.25$84,357.50View SEC Filing  
9/4/2014Thomas R DayVPSell12,000$51.00$612,000.00View SEC Filing  
9/3/2014Donald H KreminVPSell1,200$51.12$61,344.00View SEC Filing  
8/28/2014Brian Dean JohnsonVPSell3,000$50.63$151,890.00View SEC Filing  
6/17/2014Dakota A PippinsDirectorSell1,577$48.45$76,405.65View SEC Filing  
4/9/2014Dakota PippinsDirectorSell3,128$47.76$149,393.28View SEC Filing  
4/2/2014James SplinterVPSell9,185$48.55$445,931.75View SEC Filing  
3/31/2014Larry VorpahlVPSell7,000$48.48$339,360.00View SEC Filing  
3/17/2014David JuhlkeVPSell21,920$47.12$1,032,870.40View SEC Filing  
3/10/2014James SneeVPSell1,679$47.37$79,534.23View SEC Filing  
2/28/2014Steven BinderEVPSell9,968$47.56$474,078.08View SEC Filing  
1/9/2014Dakota PippinsDirectorSell1,725$44.92$77,487.00View SEC Filing  
12/4/2013Brian Dean JohnsonVPSell7,977$45.76$365,027.52View SEC Filing  
12/3/2013Steven BinderEVPSell6,000$45.85$275,100.00View SEC Filing  
10/3/2012Richard A BrossVPSell10,862$29.75$323,144.50View SEC Filing  
10/3/2012William F SnyderSVPSell7,567$29.53$223,453.51View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Hormel Foods Corp. (NYSE:HRL)
DateHeadline
4-traders.com logoHormel Foods : Recommends Stockholders Reject Unsolicited Below-Market Price Mini-Tender Offer by TRC Capital Corporation (NYSE:HRL)
www.4-traders.com - September 28 at 5:19 PM
publicnow.com logoHormel Foods Recommends Stockholders Reject Unsolicited Below-Market Price Mini-Tender Offer By TRC Capital Corporation (NYSE:HRL)
www.publicnow.com - September 28 at 5:19 PM
feeds.reuters.com logoBRIEF-Hormel Foods recommends stockholders reject unsolicited below-market price mini-tender (NYSE:HRL)
feeds.reuters.com - September 28 at 5:12 PM
News IconTop Gainers of the Day: Hormel Foods Corporation (NYSE:HRL) from Meat Products (NYSE:HRL)
twincountynews.com - September 28 at 10:23 AM
marketrealist.com logoHormel Foods Declares a Dividend of $0.145 per Share (NYSE:HRL)
marketrealist.com - September 28 at 10:22 AM
thestreet.com logoOne Reason Why Hormel Foods (HRL) Stock Closed Up Today (NYSE:HRL)
www.thestreet.com - September 28 at 10:22 AM
biz.yahoo.com logoHORMEL FOODS CORP /DE/ Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial (NYSE:HRL)
biz.yahoo.com - September 28 at 10:22 AM
cnbc.com logoBuy Spam-maker Hormel Foods on better earnings ahead, Credit Suisse says (NYSE:HRL)
www.cnbc.com - September 27 at 11:45 AM
News IconStocks on the Move - Paypal Holdings, (NASDAQ:PYPL), Hormel Foods, (NYSE:HRL) - Financial Breaking News (NYSE:HRL)
wsbreakingnews.com - September 27 at 10:05 AM
businesswire.com logoHormel Foods Corporation Declares Quarterly Dividend - Business Wire (press release) (NYSE:HRL)
www.businesswire.com - September 26 at 5:36 PM
publicnow.com logoHormel Foods Corporation Declares Quarterly Dividend (NYSE:HRL)
www.publicnow.com - September 26 at 5:36 PM
zacks.com logoHormel Growth Prospects Bright, Confirms FY16 EPS Outlook (NYSE:HRL)
www.zacks.com - September 26 at 10:08 AM
News IconMeat Products: Hormel Foods Corporation (NYSE:HRL) Position of the day (NYSE:HRL)
twincountynews.com - September 24 at 9:58 AM
News IconCG Stocks Highlights! Hormel Foods Corp (HRL), Tesla Motors Inc (NASDAQ:TSLA) - share market updates (press release) (NYSE:HRL)
sharemarketupdates.com - September 23 at 5:07 PM
finance.yahoo.com logoHORMEL® BLACK LABEL® Bacon Doesn’t Follow the Bacon Craze, It Creates It (NYSE:HRL)
finance.yahoo.com - September 22 at 5:32 PM
News Icon13F Activity: As Hormel Foods Corp (HRL) Valuation Declined, Grandfield & Dodd LLC Has Raised Its Stake - Chester News (NYSE:HRL)
www.chesterindependent.com - September 22 at 8:36 AM
News IconHormel Foods Corp. (HRL) Now Covered by Analysts at Oppenheimer Holdings Inc (NYSE:HRL)
thelakeandeswave.com - September 21 at 3:43 PM
nasdaq.com logoNovember 18th Options Now Available For Hormel Foods (HRL) (NYSE:HRL)
www.nasdaq.com - September 20 at 10:36 AM
News IconAnalysts Hot Watch List- Newell Brands Inc. (NYSE:NWL), Hormel Foods Corporation (NYSE:HRL) - Seneca Globe (NYSE:HRL)
www.senecaglobe.com - September 19 at 5:34 PM
investopedia.com logoHormel Foods: Initiated & Upgraded (HRL) - Investopedia (NYSE:HRL)
www.investopedia.com - September 19 at 5:34 PM
marketrealist.com logoOppenheimer Has Rated Hormel Foods ‘Perform’ (NYSE:HRL)
marketrealist.com - September 19 at 5:34 PM
investopedia.com logoHormel Foods: Initiated & Upgraded (HRL) (NYSE:HRL)
www.investopedia.com - September 17 at 5:12 PM
thestreet.com logoHormel Foods (HRL) Stock Coverage Initiated at Oppenheimer (NYSE:HRL)
www.thestreet.com - September 17 at 10:05 AM
benzinga.com logoBoston Beer Company, Inc. (The) (NYSE:SAM), Hormel Foods ... - Benzinga (NYSE:HRL)
www.benzinga.com - September 16 at 5:20 PM
News IconHormel Foods Corp. (HRL) Coverage Initiated at Oppenheimer Holdings Inc. - National Daily Press (NYSE:HRL)
www.nationaldailypress.com - September 16 at 5:20 PM
stocksdaily.net logoHormel Foods Corporation (NYSE:HRL) Price Forecast At $38.583 - Stocks Daily (NYSE:HRL)
www.stocksdaily.net - September 16 at 5:20 PM
stocksdaily.net logoHormel Foods Corporation (NYSE:HRL) Announces A Dividend Alert (NYSE:HRL)
www.stocksdaily.net - September 15 at 5:49 PM
investopedia.com logoHormel Foods Focused on Growth (HRL) - Investopedia (NYSE:HRL)
www.investopedia.com - September 15 at 8:37 AM
News IconHormel Foods Corporation (NYSE:HRL) from Meat Products – Todays Top Gains (NYSE:HRL)
twincountynews.com - September 14 at 5:35 PM
News IconIs Hormel Foods Corporation (NYSE:HRL), a large market cap stock a smart buy? (NYSE:HRL)
twincountynews.com - September 14 at 9:43 AM
investopedia.com logoHormel Foods Focused on Growth (HRL) (NYSE:HRL)
www.investopedia.com - September 14 at 9:43 AM
forbes.com logoTuesday Sector Leaders: Consumer Products, Services (NYSE:HRL)
www.forbes.com - September 13 at 3:28 PM
marketrealist.com logoHormel Foods Reaffirms Its Projections (NYSE:HRL)
marketrealist.com - September 12 at 5:22 PM
News IconHot Consumer Goods Stocks: Pitney Bowes Inc. (NYSE:PBI), Hormel Foods Corporation (NYSE:HRL) - National Daily Press (NYSE:HRL)
www.nationaldailypress.com - September 12 at 10:13 AM
News IconStock Valuation Recap for Hormel Foods Corporation (NYSE:HRL) - Post News (NYSE:HRL)
www.kentuckypostnews.com - September 10 at 9:55 AM
News IconUpdate on Hormel Foods Corporation (NYSE:HRL) for the day (NYSE:HRL)
twincountynews.com - September 9 at 5:16 PM
marketrealist.com logoHormel Foods Reported Mixed Price Movement on September 7 (NYSE:HRL)
marketrealist.com - September 9 at 5:16 PM
marketrealist.com logoTyson Foods Reaffirms Its 2016 Projections (NYSE:HRL)
marketrealist.com - September 9 at 5:16 PM
marketrealist.com logoSociété Générale Rated Ingredion as a ‘Hold’ (NYSE:HRL)
marketrealist.com - September 9 at 10:11 AM
nasdaq.com logoHormel Foods Reaffirms 2016 Earnings Guidance - Quick Facts (NYSE:HRL)
www.nasdaq.com - September 8 at 5:23 PM
News IconLarge Cap Meat Products: Hormel Foods Corporation (NYSE:HRL) (NYSE:HRL)
twincountynews.com - September 8 at 5:23 PM
News IconCG Trending Hot Stocks= Hormel Foods Corp (HRL), Hanesbrands Inc. (NYSE:HBI) - share market updates (press release) (NYSE:HRL)
sharemarketupdates.com - September 8 at 9:23 AM
marketrealist.com logoHormel Foods Appoints James P. Snee as CEO (NYSE:HRL)
marketrealist.com - September 8 at 9:23 AM
finance.yahoo.com logoHormel Foods Highlights Balanced Portfolio and Reaffirms Guidance at Barclays Global Consumer Staples Conference (NYSE:HRL)
finance.yahoo.com - September 8 at 9:23 AM
News IconShort Data Recap for: Hormel Foods Corporation (NYSE:HRL) - Post News (NYSE:HRL)
www.kentuckypostnews.com - September 7 at 5:38 PM
finance.yahoo.com logoHORMEL FOODS CORP /DE/ Financials (NYSE:HRL)
finance.yahoo.com - September 7 at 5:38 PM
rttnews.com logoHormel Foods CEO Jeffrey Ettinger To Retire; Names James Snee CEO (NYSE:HRL)
www.rttnews.com - September 7 at 8:55 AM
streetinsider.com logoHormel Foods (HRL) CEO Ettinger to Retire; Successor Named (NYSE:HRL)
www.streetinsider.com - September 7 at 8:55 AM
forbes.com logoHRL Crosses Above Average Analyst Target (NYSE:HRL)
www.forbes.com - September 7 at 8:55 AM
News IconHormel Foods Corporation (HRL) Shares are Up 1.42% (NYSE:HRL)
www.crcconnection.com - September 7 at 8:55 AM

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Hormel Foods Corp. (NYSE:HRL) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff