NYSE:HSY - Hershey Stock Price, News & Analysis

Hershey trades on the New York Stock Exchange (NYSE) under the ticker symbol "HSY."

Hershey declared a quarterly dividend on Thursday, July 25th. Investors of record on Friday, August 23rd will be given a dividend of $0.773 per share on Monday, September 16th. This represents a $3.09 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend is Thursday, August 22nd. This is a boost from Hershey's previous quarterly dividend of $0.72. View Hershey's Dividend History.

Hershey announced that its board has approved a share repurchase plan on Thursday, October 26th 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.

Hershey Co (NYSE:HSY) announced its quarterly earnings results on Thursday, July, 25th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $1.18 by $0.13. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.77 billion. Hershey had a return on equity of 83.29% and a net margin of 15.51%. The business's quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.14 EPS. View Hershey's Earnings History.

Hershey is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Hershey.

Hershey updated its FY 2019 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of $5.68-5.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.74. The company issued revenue guidance of $7.946922-7.946922 billion, compared to the consensus revenue estimate of $7.95 billion.

13 analysts have issued 1-year price targets for Hershey's shares. Their predictions range from $114.00 to $170.00. On average, they expect Hershey's share price to reach $140.75 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for Hershey.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 1 sell rating, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hershey.

News articles about HSY stock have trended somewhat positive recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hershey earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Hershey.

Some companies that are related to Hershey include Philip Morris International (PM), Diageo (DEO), Unilever (UN), Altria Group (MO), British American Tobacco (BTI), Mondelez International (MDLZ), AMBEV S A/S (ABEV), Unilever (UL), Estee Lauder Companies (EL), Heineken (HEINY), Colgate-Palmolive (CL), Danone (DANOY), RECKITT BENCKIS/S (RBGLY), PERNOD RICARD S/ADR (PDRDY) and Kimberly Clark (KMB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hershey investors own include Walt Disney (DIS), Johnson & Johnson (JNJ), Chevron (CVX), NVIDIA (NVDA), Boeing (BA), Procter & Gamble (PG), Exxon Mobil (XOM), The Coca-Cola (KO), Intel (INTC) and Cisco Systems (CSCO).

Hershey's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.81%), BlackRock Inc. (6.81%), Vanguard Group Inc. (5.62%), Renaissance Technologies LLC (2.02%), APG Asset Management N.V. (1.30%) and Janus Henderson Group PLC (1.14%). Company insiders that own Hershey stock include Anthony J Palmer, D Michael Wege, Damien Atkins, David L Shedlarz, Hershey Trust Co, Hershey Trust Co Trustee In Tr, Javier H Idrovo, Kevin R Walling, Michele Buck, Patricia A Little, Steven E Voskuil, Terence L O'day and Todd W Tillemans. View Institutional Ownership Trends for Hershey.

HSY stock was sold by a variety of institutional investors in the last quarter, including Hershey Trust Co., JPMorgan Chase & Co., Scharf Investments LLC, Morgan Stanley, AQR Capital Management LLC, Marathon Asset Management LLP, TD Asset Management Inc. and Panagora Asset Management Inc.. Company insiders that have sold Hershey company stock in the last year include Anthony J Palmer, Hershey Trust Co, Hershey Trust Co Trustee In Tr, Javier H Idrovo, Kevin R Walling, Michele Buck, Patricia A Little and Terence L O'day. View Insider Buying and Selling for Hershey.

HSY stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Renaissance Technologies LLC, Nuveen Asset Management LLC, Vanguard Group Inc., Robeco Institutional Asset Management B.V., UBS Asset Management Americas Inc., Unigestion Holding SA and California Public Employees Retirement System. Company insiders that have bought Hershey stock in the last two years include Damien Atkins, Steven E Voskuil and Todd W Tillemans. View Insider Buying and Selling for Hershey.

Shares of HSY 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 HSY stock can currently be purchased for approximately $148.57.

Hershey has a market capitalization of $31.14 billion and generates $7.79 billion in revenue each year. The company earns $1.18 billion in net income (profit) each year or $5.36 on an earnings per share basis. Hershey employs 16,420 workers across the globe.View Additional Information About Hershey.

The official website for Hershey is http://www.hersheys.com/.

Hershey's mailing address is 19 East Chocolate Avenue, Hershey PA, 17033. The company can be reached via phone at 717-534-4200.