S&P 500   0.72 (+6.87%)
DOW   0.72 (+6.87%)
QQQ   271.86 (+2.52%)
AAPL   452.04 (+3.32%)
MSFT   209.19 (+2.86%)
FB   259.89 (+1.47%)
GOOGL   1,507.24 (+1.80%)
AMZN   3,162.24 (+2.65%)
NVDA   457.61 (+5.44%)
CGC   17.25 (+1.77%)
BABA   255.19 (+2.73%)
TSLA   1,554.76 (+13.12%)
GE   6.72 (-0.15%)
MU   48.48 (+1.51%)
AMD   82.61 (+7.45%)
T   30.18 (-0.07%)
F   7.11 (-1.66%)
ACB   9.80 (-2.20%)
GILD   68.84 (+1.09%)
NFLX   475.47 (+1.83%)
DIS   131.79 (+1.00%)
BAC   26.73 (-0.71%)
BA   175.44 (-2.60%)
S&P 500   0.72 (+6.87%)
DOW   0.72 (+6.87%)
QQQ   271.86 (+2.52%)
AAPL   452.04 (+3.32%)
MSFT   209.19 (+2.86%)
FB   259.89 (+1.47%)
GOOGL   1,507.24 (+1.80%)
AMZN   3,162.24 (+2.65%)
NVDA   457.61 (+5.44%)
CGC   17.25 (+1.77%)
BABA   255.19 (+2.73%)
TSLA   1,554.76 (+13.12%)
GE   6.72 (-0.15%)
MU   48.48 (+1.51%)
AMD   82.61 (+7.45%)
T   30.18 (-0.07%)
F   7.11 (-1.66%)
ACB   9.80 (-2.20%)
GILD   68.84 (+1.09%)
NFLX   475.47 (+1.83%)
DIS   131.79 (+1.00%)
BAC   26.73 (-0.71%)
BA   175.44 (-2.60%)
S&P 500   0.72 (+6.87%)
DOW   0.72 (+6.87%)
QQQ   271.86 (+2.52%)
AAPL   452.04 (+3.32%)
MSFT   209.19 (+2.86%)
FB   259.89 (+1.47%)
GOOGL   1,507.24 (+1.80%)
AMZN   3,162.24 (+2.65%)
NVDA   457.61 (+5.44%)
CGC   17.25 (+1.77%)
BABA   255.19 (+2.73%)
TSLA   1,554.76 (+13.12%)
GE   6.72 (-0.15%)
MU   48.48 (+1.51%)
AMD   82.61 (+7.45%)
T   30.18 (-0.07%)
F   7.11 (-1.66%)
ACB   9.80 (-2.20%)
GILD   68.84 (+1.09%)
NFLX   475.47 (+1.83%)
DIS   131.79 (+1.00%)
BAC   26.73 (-0.71%)
BA   175.44 (-2.60%)
S&P 500   0.72 (+6.87%)
DOW   0.72 (+6.87%)
QQQ   271.86 (+2.52%)
AAPL   452.04 (+3.32%)
MSFT   209.19 (+2.86%)
FB   259.89 (+1.47%)
GOOGL   1,507.24 (+1.80%)
AMZN   3,162.24 (+2.65%)
NVDA   457.61 (+5.44%)
CGC   17.25 (+1.77%)
BABA   255.19 (+2.73%)
TSLA   1,554.76 (+13.12%)
GE   6.72 (-0.15%)
MU   48.48 (+1.51%)
AMD   82.61 (+7.45%)
T   30.18 (-0.07%)
F   7.11 (-1.66%)
ACB   9.80 (-2.20%)
GILD   68.84 (+1.09%)
NFLX   475.47 (+1.83%)
DIS   131.79 (+1.00%)
BAC   26.73 (-0.71%)
BA   175.44 (-2.60%)
Log in

NYSE:HRLHormel Foods Stock Price, Forecast & News

$52.03
+0.62 (+1.21 %)
(As of 08/13/2020 04:00 PM ET)
Add
Compare
Today's Range
$51.59
Now: $52.03
$52.50
50-Day Range
$47.01
MA: $49.48
$51.98
52-Week Range
$39.01
Now: $52.03
$52.50
Volume1.30 million shs
Average Volume2.53 million shs
Market Capitalization$28.04 billion
P/E Ratio30.43
Dividend Yield1.79%
Beta-0.04
Hormel Foods Corporation produces and markets various meat and food products in the United States and internationally. The company operates through five 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 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.
Read More
Hormel Foods logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

Industry Meat packing plants
Sub-IndustryPackaged Foods & Meats
CUSIP44045210
Phone507-437-5611

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.50 billion
Cash Flow$2.09 per share
Book Value$11.08 per share

Profitability

Net Income$978.81 million

Miscellaneous

Employees18,800
Market Cap$28.04 billion
Next Earnings Date8/25/2020 (Confirmed)
OptionableOptionable
$52.03
+0.62 (+1.21 %)
(As of 08/13/2020 04:00 PM ET)
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 HRL and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Hormel Foods (NYSE:HRL) Frequently Asked Questions

How has Hormel Foods' stock been impacted by Coronavirus?

Hormel Foods' stock was trading at $42.27 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HRL shares have increased by 23.1% and is now trading at $52.03.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Hormel Foods?

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

When is Hormel Foods' next earnings date?

Hormel Foods is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020.
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 Tuesday, August 25th 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 Corp (NYSE:HRL) released its earnings results on Thursday, May, 21st. The company reported $0.42 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.43 by $0.01. The business earned $2.42 billion during the quarter, compared to analysts' expectations of $2.40 billion. Hormel Foods had a return on equity of 15.38% and a net margin of 9.64%. The business's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.46 earnings per share.
View Hormel Foods' earnings history
.

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

Hormel Foods declared a quarterly dividend on Monday, May 18th. Shareholders of record on Monday, July 13th will be paid a dividend of $0.2325 per share on Monday, August 17th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Friday, July 10th.
View Hormel Foods' dividend history
.

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

Hormel Foods shares split before market open 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 price target have analysts set for HRL?

8 brokers have issued 1-year 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 $45.50 in the next twelve months. This suggests that the stock has a possible downside of 12.6%.
View analysts' price targets for Hormel Foods
.

Has Hormel Foods been receiving favorable news coverage?

Press coverage about HRL stock has been trending extremely negative on Thursday, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hormel Foods earned a coverage optimism score of -4.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.
View the latest news about Hormel Foods
.

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), Procter & Gamble (PG), Walmart (WMT), Walt Disney (DIS), Exxon Mobil (XOM), Medtronic (MDT), NVIDIA (NVDA) and Starbucks (SBUX).

Who are Hormel Foods' key executives?

Hormel Foods' management team includes the following people:
  • Mr. James P. Snee, Chairman, Pres & CEO (Age 52)
  • Mr. James N. Sheehan, Exec. VP & CFO (Age 64)
  • Mr. Thomas R. Day, Exec. VP of Refrigerated Foods (Age 61)
  • Mr. Glenn R. Leitch, Exec. VP of Supply Chain (Age 59)
  • Mr. James M. Splinter, Group VP of Corp. Strategy (Age 57)

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 a variety of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (0.79%), Victory Capital Management Inc. (0.48%), California Public Employees Retirement System (0.45%), Swiss National Bank (0.44%), Unigestion Holding SA (0.36%) and Bank of New York Mellon Corp (0.34%). 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 J Lykken, Susan K Nestegard, 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 Goldman Sachs Group Inc., Macquarie Group Ltd., ProShare Advisors LLC, Victory Capital Management Inc., Barclays PLC, GW Henssler & Associates Ltd., US Bancorp DE, and State of Wisconsin Investment Board. Company insiders that have sold Hormel Foods company stock in the last year include Deanna T Brady, Elsa A Murano, Glenn R Leitch, Glenn S Forbes, James M Splinter, 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, Terrell K Crews, and Thomas R Day.
View insider buying and selling activity for Hormel Foods
.

Which major investors are buying Hormel Foods stock?

HRL stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Unigestion Holding SA, Robeco Institutional Asset Management B.V., Hexavest Inc., Denali Advisors LLC, Russell Investments Group Ltd., CIBC Asset Management Inc, and AJO LP.
View insider buying and selling activity for Hormel Foods
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Hormel Foods' stock price today?

One share of HRL stock can currently be purchased for approximately $52.03.

How big of a company is Hormel Foods?

Hormel Foods has a market capitalization of $28.04 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.

What is Hormel Foods' official website?

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

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 8/13/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.