NYSE:HSY - Hershey Stock Price, Price Target & More

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

Hershey declared a quarterly dividend on Friday, May 4th. Stockholders of record on Friday, May 25th will be given a dividend of $0.656 per share on Friday, June 15th. This represents a $2.62 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, May 24th. View Hershey's Dividend History.

Hershey declared that its Board of Directors has approved a stock repurchase plan on Thursday, October 26th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its shares are undervalued.

Hershey Co (NYSE:HSY) released its earnings results on Thursday, April, 26th. The company reported $1.41 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.40 by $0.01. The company earned $1.97 billion during the quarter, compared to analysts' expectations of $1.94 billion. Hershey had a net margin of 13.25% and a return on equity of 113.86%. The business's quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.31 EPS. View Hershey's Earnings History.

Hershey is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Hershey.

Hershey updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $5.33-5.43 for the period, compared to the Thomson Reuters consensus estimate of $5.36. The company issued revenue guidance of lower end of $7.89-8.04 billion, compared to the consensus revenue estimate of $7.96 billion.

17 brokerages have issued 1-year target prices for Hershey's stock. Their forecasts range from $80.00 to $130.00. On average, they anticipate Hershey's stock price to reach $102.4375 in the next year. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Ratings 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."

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), Heineken (HEINY), RECKITT BENCKIS/S (RBGLY), 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 A (STZ), Constellation Brands, Inc. Class B (STZ.B), Kimberly Clark (KMB) and SYSCO (SYY).

News headlines about HSY stock have trended somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 0.15 on Accern's scale. They also assigned news headlines about the company an impact score of 45.92 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Hershey's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.25%), Retirement Systems of Alabama (0.06%), Tikehau Investment Management (0.05%), Lawson Kroeker Investment Management Inc. NE (0.05%), State of Alaska Department of Revenue (0.04%) and Manning & Napier Group LLC (0.03%). 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 Clinton Group Inc., Lincoln Capital LLC, Pennsylvania Trust Co, Lawson Kroeker Investment Management Inc. NE, State of Alaska Department of Revenue, Raymond James Trust N.A., Bath Savings Trust Co and SL Advisors LLC. 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 Bank of Montreal Can, Retirement Systems of Alabama, Gofen & Glossberg LLC IL, DnB Asset Management AS, Bright Rock Capital Management LLC, Adams Asset Advisors LLC, Heritage Way Advisors LLC and Marshwinds Advisory Co.. 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 $91.74.

Hershey has a market capitalization of $19.41 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.