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

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

Hershey announced a quarterly dividend on Friday, May 4th. Stockholders of record on Friday, May 25th will be paid 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 2.83%. The ex-dividend date of this dividend is Thursday, May 24th. View Hershey's Dividend History.

Hershey announced that its Board of Directors has authorized a share repurchase program on Thursday, October 26th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its shares are undervalued.

Hershey Co (NYSE:HSY) announced its quarterly earnings results on Thursday, April, 26th. The company reported $1.41 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.40 by $0.01. The business had revenue of $1.97 billion for 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 firm's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.31 earnings per share. View Hershey's Earnings History.

Hershey is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Hershey.

Hershey issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided 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.

16 Wall Street analysts have issued 1 year price targets for Hershey's stock. Their predictions range from $80.00 to $130.00. On average, they anticipate Hershey's share price to reach $102.4375 in the next year. View Analyst Ratings for Hershey.

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

Media stories about HSY stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hershey earned a media sentiment score of 0.17 on Accern's scale. They also gave news stories about the company an impact score of 46.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Hershey's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.49%), Schroder Investment Management Group (1.02%), Northern Trust Corp (0.95%), Schwab Charles Investment Management Inc. (0.46%), American Century Companies Inc. (0.45%) and Newport Trust Co (0.42%). 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 Amundi Pioneer Asset Management Inc., BlackRock Inc., Korea Investment CORP, Rothschild Asset Management Inc., JPMorgan Chase & Co., Russell Investments Group Ltd., Newport Trust Co and Swiss National Bank. 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 acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Schwab Charles Investment Management Inc., American Century Companies Inc., Millennium Management LLC, Van ECK Associates Corp, Allianz Asset Management GmbH, Allianz Asset Management GmbH and Victory Capital Management Inc.. 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 $92.67.

Hershey has a market capitalization of $19.23 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.