NYSE:HSY - Hershey Stock Price, News, Headlines & Rumors

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

Hershey announced a quarterly dividend on Thursday, July 26th. Shareholders of record on Friday, August 24th will be given a dividend of $0.722 per share on Friday, September 14th. This represents a $2.89 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend is Thursday, August 23rd. This is a boost from Hershey's previous quarterly dividend of $0.66. View Hershey's Dividend History.

Hershey announced that its Board of Directors has authorized a stock buyback program on Thursday, October 26th 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Hershey Co (NYSE:HSY) released its quarterly earnings results on Thursday, July, 26th. The company reported $1.14 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.10 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.74 billion. Hershey had a return on equity of 108.82% and a net margin of 13.40%. Hershey's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period last year, the firm earned $1.09 earnings per share. View Hershey's Earnings History.

Hershey is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Hershey.

Hershey issued an update on its FY18 earnings guidance on Thursday, July, 26th. The company provided EPS guidance of $5.33-5.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.32.

17 equities research analysts have issued 12-month price objectives for Hershey's shares. Their predictions range from $85.00 to $130.00. On average, they anticipate Hershey's stock price to reach $102.1250 in the next year. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets for Hershey.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 5 sell ratings, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hershey.

Some companies that are related to Hershey include AMBEV S A/S (ABEV), Kraft Heinz (KHC), UNILEVER N.V. Common Stock (UL), MONDELEZ INTERNATIONAL INC Common Stock (MDLZ), RECKITT BENCKIS/S (RBGLY), Heineken (HEINY), Colgate-Palmolive (CL), JAPAN TOB INC/ADR (JAPAY), Estee Lauder Companies (EL), Danone Sponsored ADR common stock (DANOY), PERNOD RICARD S/ADR (PDRDY), Constellation Brands, Inc. Class B (STZ.B), Constellation Brands, Inc. Class A (STZ), Kimberly Clark (KMB) and Imperial Tobacco Group (IMBBY).

Media coverage about HSY stock has been trending somewhat positive on Friday, Accern reports. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Hershey earned a news impact score of 0.08 on Accern's scale. They also assigned news coverage about the company an impact score of 46.02 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Hershey.

Hershey's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.44%), FMR LLC (2.43%), Schroder Investment Management Group (1.13%), Janus Henderson Group PLC (1.08%), Renaissance Technologies LLC (1.05%) and Marathon Asset Management LLP (0.84%). Company insiders that own Hershey stock include D Michael Wege, David L Shedlarz, Hershey Trust Co Trustee In Tr, Javier H Idrovo, Kevin R Walling, Leslie M Turner, Michele Buck and Terence L O'day. View Institutional Ownership Trends for Hershey.

HSY stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Troy Asset Management Ltd, American Century Companies Inc., Russell Investments Group Ltd., BlackRock Inc., Rothschild Asset Management Inc., Bartlett & Co. LLC and Virginia Retirement Systems ET AL. Company insiders that have sold Hershey company stock in the last year include D Michael Wege, David L Shedlarz, Hershey Trust Co Trustee In Tr, Javier H Idrovo and Michele Buck. View Insider Buying and Selling for Hershey.

HSY stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Bank of Montreal Can, Mawer Investment Management Ltd., Morgan Stanley, Scharf Investments LLC, Schroder Investment Management Group, BTIM Corp. and Van ECK Associates Corp. 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, Scottrade, Fidelity and Charles Schwab.

One share of HSY stock can currently be purchased for approximately $101.48.

Hershey has a market capitalization of $20.44 billion and generates $7.52 billion in revenue each year. The company earns $782.98 million in net income (profit) each year or $4.76 on an earnings per share basis. Hershey employs 16,910 workers across the globe.

Hershey's mailing address is 100 CRYSTAL A DRIVE P O BOX 810-EXTERNAL RPTG & COMPLIANCE, HERSHEY PA, 17033. The company can be reached via phone at 717-534-4200.