NYSE:HRL - Hormel Foods Stock Price, Forecast & News

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

Hormel Foods announced a quarterly dividend on Monday, November 25th. Investors of record on Monday, January 13th will be paid a dividend of $0.2325 per share on Tuesday, February 18th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Friday, January 10th. This is an increase from Hormel Foods's previous quarterly dividend of $0.21. View Hormel Foods' Dividend History.

Hormel Foods shares split on the morning of 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.

Hormel Foods Corp (NYSE:HRL) announced its quarterly earnings data on Tuesday, November, 26th. The company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. The business earned $2.50 billion during the quarter, compared to analyst estimates of $2.51 billion. Hormel Foods had a return on equity of 16.14% and a net margin of 10.31%. Hormel Foods's quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 EPS. View Hormel Foods' Earnings History.

Hormel Foods is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Hormel Foods.

Hormel Foods issued an update on its FY20 earnings guidance on Tuesday, November, 26th. The company provided earnings per share guidance of $1.69-1.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.77. The company issued revenue guidance of $9.50-10.3 billion, compared to the consensus revenue estimate of $9.70 billion.

10 brokerages have issued 12 month price objectives for Hormel Foods' stock. Their forecasts range from $35.00 to $46.00. On average, they anticipate Hormel Foods' share price to reach $40.22 in the next year. This suggests that the stock has a possible downside of 13.1%. View Analyst Price Targets for Hormel Foods.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hormel Foods in the last year. There are currently 3 sell ratings, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hormel Foods.

Headlines about HRL stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Hormel Foods earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Hormel Foods.

Some companies that are related to Hormel Foods include Mondelez International (MDLZ), Tyson Foods (TSN), General Mills (GIS), Hershey (HSY), Kellogg (K), MCCORMICK & CO /SH (MKC), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Seaboard (SEB), Flowers Foods (FLO), Lancaster Colony (LANC) and J & J Snack Foods (JJSF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hormel Foods investors own include AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Mcdonald's (MCD), Procter & Gamble (PG), Walt Disney (DIS), Lowe's Companies (LOW), Medtronic (MDT), Starbucks (SBUX) and AbbVie (ABBV).

Hormel Foods' stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (0.04%), Tandem Investment Advisors Inc. (0.04%), State of Alaska Department of Revenue (0.03%), Commerzbank Aktiengesellschaft FI (0.02%), Nisa Investment Advisors LLC (0.01%) and F3Logic LLC (0.01%). Company insiders that own Hormel Foods stock include Dakota A Pippins, Deanna T Brady, Elsa A Murano, Gary Jamison, Glenn R Leitch, Glenn S Forbes, Howse Steve, James M Splinter, James N Sheehan, James P Snee, Jana L Haynes, Kevin L Myers, Larry L Vorpahl, Lori J Marco, Luis G Marconi, Mark A Coffey, Patrick J Connor, Robert Nakasone, Steven G Binder, Steven J Lykken, Susan K Nestegard, Terrell K Crews, Thomas R Day and Todd James. View Institutional Ownership Trends for Hormel Foods.

HRL stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, State of Alaska Department of Revenue, Assenagon Asset Management S.A., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Carroll Financial Associates Inc., Diversified Trust Co, Honkamp Krueger Financial Services Inc. and Commerzbank Aktiengesellschaft FI. 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, Glenn S Forbes, James N Sheehan, James P Snee, Jana L Haynes, Kevin L Myers, Larry L Vorpahl, Lori J Marco, Luis G Marconi, Mark A Coffey, Patrick J Connor, Robert Nakasone, Steven J Lykken, Susan K Nestegard, Terrell K Crews and Thomas R Day. View Insider Buying and Selling for Hormel Foods.

HRL stock was purchased by a variety of institutional investors in the last quarter, including Tandem Investment Advisors Inc., DNB Asset Management AS, F3Logic LLC, Nisa Investment Advisors LLC, Beacon Financial Group, Townsend & Associates Inc, Vigilant Capital Management LLC and Trinity Legacy Partners LLC. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of HRL stock can currently be purchased for approximately $46.30.

Hormel Foods has a market capitalization of $24.76 billion and generates $9.50 billion in revenue each year. The company earns $978.81 million in net income (profit) each year or $1.74 on an earnings per share basis. Hormel Foods employs 18,800 workers across the globe.View Additional Information About Hormel Foods.

The official website for Hormel Foods is http://www.hormelfoods.com/.

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]