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: $38.43
  • 50 Day Moving Average: $36.98
  • 200 Day Moving Average: $38.81
  • Trailing P/E Ratio: 24.62
  • Foreward P/E Ratio: 23.12
  • P/E Growth: 1.90
  • Market Cap: $20.08B
  • Outstanding Shares: 529,659,000
  • Beta: 0.59
Additional Links:
Companies Related to Hormel Foods Corp.:

Analyst Ratings

Consensus Ratings for Hormel Foods Corp. (NYSE:HRL) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $39.43 (3.98% upside)

Analysts' Ratings History for Hormel Foods Corp. (NYSE:HRL)
Show:
DateFirmActionRatingPrice TargetDetails
8/24/2016Edward JonesUpgradeHold -> BuyView Rating Details
8/22/2016Credit Suisse Group AGUpgradeNeutral -> Outperform$38.00 -> $43.00View 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 8/27/2014 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: $1.64 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 20164$0.42$0.80$0.60
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:1.53%
Payout Ratio:37.79% (Based on Trailing 12 Months of Earnings)
35.58% (Based on Current Year Consensus EPS Estimate)
35.37% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:18.60% (3 Year Average)

Dividend History for Hormel Foods Corp. (NYSE:HRL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
finance.yahoo.com logoOn BizWireTV: Big Name Brands Join Louisiana Relief Effort and a Social Experiment Finds Americans Overwhelmingly Honest (NYSE:HRL)
finance.yahoo.com - August 26 at 8:29 AM
forbes.com logoHormel Foods Becomes #10 Most Shorted S&P 500 Component, Replacing Patterson Companies (NYSE:HRL)
www.forbes.com - August 25 at 5:31 PM
publicnow.com logoHormel Foods Announces Webcast of Barclays Global Consumer Staples Conference (NYSE:HRL)
www.publicnow.com - August 24 at 5:23 PM
News IconHormel Foods Corp. (NYSE: HRL) Stock Upgraded at Credit Suisse Group AG - BNB Daily (blog) (NYSE:HRL)
www.baseball-news-blog.com - August 24 at 8:35 AM
marketrealist.com logoHow Much Did Hormel Foods’ Margins Rise in Fiscal 3Q16? (NYSE:HRL)
marketrealist.com - August 24 at 8:35 AM
seekingalpha.com logoHormel Foods: A Dividend King With 50 Years Of Dividend Increases (Part 18 Of 18) (NYSE:HRL)
seekingalpha.com - August 23 at 9:53 AM
finance.yahoo.com logoHormel Foods: Fast Growing Dividend King (NYSE:HRL)
finance.yahoo.com - August 23 at 9:53 AM
barrons.com logo[$$] Hormel Ready to Hog Upside (NYSE:HRL)
www.barrons.com - August 23 at 9:53 AM
finance.yahoo.com logoHormel Foods (HRL) Growth Prospects Bright, Risks Minimal (NYSE:HRL)
finance.yahoo.com - August 23 at 9:53 AM
benzinga.com logoCredit Suisse Upgrades Hormel Foods To Outperform (NYSE:HRL)
www.benzinga.com - August 22 at 5:34 PM
News IconHormel Foods Corp (NYSE:HRL) & Navient Corp (NASDAQ:NAVI) Stock’s Trend Analysis Report (NYSE:HRL)
www.newsismoney.com - August 22 at 5:34 PM
schaeffersresearch.com logoAnalyst Upgrades: Texas Instruments Incorporated, Hormel Foods Corp, and Resolute Energy Corp (NYSE:HRL)
www.schaeffersresearch.com - August 22 at 10:06 AM
thestreet.com logoCrude Oil Drags on Stocks as Hopes for OPEC Deal Fade (NYSE:HRL)
www.thestreet.com - August 22 at 10:06 AM
marketwatch.com logoHormel Food's shares rally to three-month high after analyst upgrade (NYSE:HRL)
www.marketwatch.com - August 22 at 10:06 AM
News IconActive Momentum Stocks- Hormel Foods (NYSE:HRL), Alphabet (NASDAQ:GOOGL), United Security Bancshares ... - Seneca Globe (NYSE:HRL)
www.senecaglobe.com - August 20 at 9:42 AM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - HRL (NYSE:HRL)
www.nasdaq.com - August 19 at 5:28 PM
4-traders.com logoHormel Foods : Donates Products for Louisiana Flood Relief Efforts (NYSE:HRL)
www.4-traders.com - August 19 at 5:28 PM
finance.yahoo.com logoStreet Talk: Emerson Electric, Hormel Foods & more (NYSE:HRL)
finance.yahoo.com - August 19 at 5:28 PM
finance.yahoo.com logoHormel Foods Donates Products for Louisiana Flood Relief Efforts (NYSE:HRL)
finance.yahoo.com - August 19 at 5:28 PM
investopedia.com logoHormel Foods Reports Q3 Earnings, Rev Beat (HRL) - Investopedia (NYSE:HRL)
www.investopedia.com - August 19 at 8:27 AM
finance.yahoo.com logoAnalysts' Actions -- Allergan, Hormel, L Brands, U.S. Steel and More (NYSE:HRL)
finance.yahoo.com - August 19 at 8:27 AM
publicnow.com logoHormel Foods No. 1 on 50 Best Companies to Sell For List (NYSE:HRL)
www.publicnow.com - August 19 at 8:27 AM
finance.yahoo.com logoHormel Foods Announces Recipients of Prestigious Supplier Award (NYSE:HRL)
finance.yahoo.com - August 19 at 8:27 AM
News IconHormel Foods Beats Expectations and Raises Guidance (NYSE:HRL)
myhealthbowl.com - August 18 at 5:31 PM
nasdaq.com logoHormel (HRL) Beats on Q3 Earnings and Revenues (NYSE:HRL)
www.nasdaq.com - August 18 at 5:31 PM
etfdailynews.com logoHormel Foods Ups Forecast as Q3 Earnings Edge Out Estimates (NYSE:HRL)
etfdailynews.com - August 18 at 5:31 PM
forbes.com logoProtein Power: Muscle Milk And Skippy Help Hormel Beat Earnings Expectations (NYSE:HRL)
www.forbes.com - August 18 at 11:41 AM
feeds.benzinga.com logoHormel Surprises To The Upside With Q3 Results, Guidance (NYSE:HRL)
feeds.benzinga.com - August 18 at 8:53 AM
News IconShares Moving Lower Over the Past Month Hormel Foods Corporation (NYSE:HRL) - Post News (NYSE:HRL)
www.kentuckypostnews.com - August 18 at 8:32 AM
benzinga.com logoEarnings Scheduled For August 18, 2016 - Benzinga (NYSE:HRL)
www.benzinga.com - August 18 at 8:32 AM
blogs.barrons.com logoMorning Movers: Wal-Mart Jumps on Earnings; L Brands Soars (NYSE:HRL)
blogs.barrons.com - August 18 at 8:32 AM
seekingalpha.com logoHormel Foods raised FY2016 earnings guidance (NYSE:HRL)
seekingalpha.com - August 18 at 7:53 AM
News IconLarge Cap Meat Products: Hormel Foods Corporation (NYSE:HRL) (NYSE:HRL)
twincountynews.com - August 17 at 5:44 PM
marketrealist.com logoWhy Was Tyson Foods Fined? (NYSE:HRL)
marketrealist.com - August 17 at 5:44 PM
News IconTop Gainers of the Day: Hormel Foods Corporation (NYSE:HRL) from Meat Products (NYSE:HRL)
twincountynews.com - August 17 at 8:34 AM
thestreet.com logoWhat to Look for When Hormel Foods (HRL) Posts Q3 Results (NYSE:HRL)
www.thestreet.com - August 16 at 5:39 PM
marketrealist.com logoWhat’s Expected from Hormel Foods’ Fiscal 3Q16 Earnings? (NYSE:HRL)
marketrealist.com - August 16 at 8:53 AM
finance.yahoo.com logoDeutsche Stays Sidelined On Hormel Ahead Of Q3 Earnings (NYSE:HRL)
finance.yahoo.com - August 15 at 5:45 PM
News IconUpdate on Hormel Foods Corporation (NYSE:HRL) for the day (NYSE:HRL)
twincountynews.com - August 13 at 8:27 AM
News IconCG Stocks in the Rumor: Lululemon Athletica inc. (LULU), Hormel Foods Corp (HRL) - share market updates (press release) (NYSE:HRL)
sharemarketupdates.com - August 12 at 8:38 AM
marketrealist.com logoHow Did Tyson Foods’ Stock React to Strong Fiscal 3Q16 Earnings? (NYSE:HRL)
marketrealist.com - August 11 at 5:43 PM
marketrealist.com logoDid Kellogg’s Earnings Beat Estimates in Fiscal 2Q16? (NYSE:HRL)
marketrealist.com - August 11 at 5:43 PM
News IconIs Hormel Foods Corporation (NYSE:HRL), a large market cap stock a smart buy? (NYSE:HRL)
twincountynews.com - August 11 at 8:31 AM
marketrealist.com logoBMO Capital Increases Tyson Foods’ Price Target to $77 per Share (NYSE:HRL)
marketrealist.com - August 10 at 5:47 PM
streetupdates.com logoOverview of Analyst's Recommendations: Coca-Cola Company (NYSE:KO) , Hormel Foods Corporation (NYSE:HRL) - Street Updates (NYSE:HRL)
www.streetupdates.com - August 9 at 9:52 PM
News IconA look at a High Market Cap Stock: Hormel Foods Corporation, HRL - The Daily Leicester (NYSE:HRL)
thedailyleicester.com - August 9 at 9:52 PM
News IconCG Stocks Outlines: Archer Daniels Midland Company (NYSE:ADM), Hormel Foods Corp (NYSE:HRL) - share market updates (press release) (NYSE:HRL)
sharemarketupdates.com - August 9 at 8:29 AM
stocksdaily.net logoHormel Foods Corporation (NYSE:HRL) Boasts Rating Of 3.2 - Stocks Daily (NYSE:HRL)
www.stocksdaily.net - August 8 at 5:41 PM
tradecalls.org logoHormel Foods Corporation (HRL) Shares are Down -2.52% - Trade Calls (NYSE:HRL)
www.tradecalls.org - August 8 at 5:41 PM
marketrealist.com logoAnalysts’ Recommendations for Tyson before Its 3Q16 Results (NYSE:HRL)
marketrealist.com - August 8 at 5:41 PM

Social

Hormel Foods Corp. (NYSE:HRL) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff