S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
As Musk is learning, content moderation is a messy job
FDA change ushers in cheaper, easier-to-get hearing aids
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Reformers take 6 of 14 UAW board seats, could win majority
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
As Musk is learning, content moderation is a messy job
FDA change ushers in cheaper, easier-to-get hearing aids
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Reformers take 6 of 14 UAW board seats, could win majority
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
As Musk is learning, content moderation is a messy job
FDA change ushers in cheaper, easier-to-get hearing aids
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Reformers take 6 of 14 UAW board seats, could win majority
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
As Musk is learning, content moderation is a messy job
FDA change ushers in cheaper, easier-to-get hearing aids
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
Reformers take 6 of 14 UAW board seats, could win majority
OPEC keeps oil targets amid uncertainty on Russian sanctions
NYSE:HSY

Hershey - HSY Stock Forecast, Price & News

$234.73
+2.85 (+1.23%)
(As of 12/2/2022 09:00 PM ET)
Add
Compare
Today's Range
$231.37
$234.89
50-Day Range
$217.31
$239.96
52-Week Range
$177.74
$241.45
Volume
741,200 shs
Average Volume
1.02 million shs
Market Capitalization
$48.14 billion
P/E Ratio
30.64
Dividend Yield
1.76%
Price Target
$229.00

Hershey MarketRank™ Forecast

Analyst Rating
Hold
2.41 Rating Score
Upside/​Downside
2.4% Downside
$229.00 Price Target
Short Interest
Healthy
1.31% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.55mentions of Hershey in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$12.45 M Sold Last Quarter
Proj. Earnings Growth
8.33%
From $8.28 to $8.97 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

Consumer Staples Sector

28th out of 143 stocks

Sugar & Confectionery Products Industry

2nd out of 6 stocks

HSY stock logo

About Hershey (NYSE:HSY) Stock

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, meat snacks, bars and snack bites, mixes, popcorn, and protein bars. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

Receive HSY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hershey and its competitors with MarketBeat's FREE daily newsletter.

HSY Stock News Headlines

MarketBeat: Week in Review 11/7 – 11/11 (HSY)
The midterms, a new CPI report, and a crypto crash are moving the market and the MarketBeat team continues to help you profit from these events
Tiny $4 Company to “Steal” Billions From Tesla? 
A tiny $4 company has developed a new liquid battery that’s sending shockwaves through the energy industry. It’s at the center of a “breakthrough,” says The U.S. Department of Energy, that’s a “totally new approach to battery technology.” Powermag calls it part of the “trillion-dollar holy grail” of battery technology.
Here's Why Hershey (HSY) is a Strong Value Stock
Hershey strives for Excellence in Food Safety
Hershey: More Than A Chocolate Company
Tiny $4 Company to “Steal” Billions From Tesla? 
A tiny $4 company has developed a new liquid battery that’s sending shockwaves through the energy industry. It’s at the center of a “breakthrough,” says The U.S. Department of Energy, that’s a “totally new approach to battery technology.” Powermag calls it part of the “trillion-dollar holy grail” of battery technology.
How Hershey Stays Agile Through Change
See More Headlines
Receive HSY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hershey and its competitors with MarketBeat's FREE daily newsletter.

HSY Company Calendar

Ex-Dividend for 9/15 Dividend
8/18/2022
Dividend Payable
9/15/2022
Last Earnings
11/04/2022
Ex-Dividend for 12/15 Dividend
11/17/2022
Today
12/05/2022
Dividend Payable
12/15/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/02/2023

Industry, Sector and Symbol

Industry
Sugar & confectionery products
Sub-Industry
Packaged Foods & Meats
CUSIP
42786610
Employees
18,990
Year Founded
1909

Price Target and Rating

Average Stock Price Forecast
$229.00
High Stock Price Forecast
$255.00
Low Stock Price Forecast
$200.00
Forecasted Upside/Downside
-2.4%
Consensus Rating
Hold
Rating Score (0-4)
2.41
Research Coverage
17 Analysts

Profitability

Net Income
$1.48 billion
Pretax Margin
18.79%

Debt

Sales & Book Value

Annual Sales
$8.97 billion
Cash Flow
$8.77 per share
Book Value
$15.03 per share

Miscellaneous

Free Float
204,386,000
Market Cap
$48.14 billion
Optionable
Optionable
Beta
0.35

Social Links


Key Executives

  • Ms. Michele Gross Buck (Age 60)
    Chairman, Pres & CEO
    Comp: $5.56M
  • Mr. Steven E. VoskuilMr. Steven E. Voskuil (Age 54)
    Sr. VP & CFO
    Comp: $2.3M
  • Mr. Jason R. ReimanMr. Jason R. Reiman (Age 50)
    Sr. VP & Chief Supply Chain Officer
    Comp: $1.47M
  • Mr. Charles R. RaupMr. Charles R. Raup (Age 54)
    Pres of U.S.
    Comp: $1.82M
  • Ms. Kristen J. RiggsMs. Kristen J. Riggs (Age 43)
    Sr. VP & Chief Growth Officer
    Comp: $1.78M
  • Ms. Jennifer L. McCalmanMs. Jennifer L. McCalman (Age 43)
    VP & Chief Accounting Officer
  • Ms. Melissa Poole
    VP of Investor Relations & Corp. Fin.
  • Mr. James  TuroffMr. James Turoff (Age 45)
    Sr. VP, Gen. Counsel & Sec.
  • Ms. Marlene Creighton
    Global Chief Sales Officer
  • Mr. Christopher M. ScaliaMr. Christopher M. Scalia (Age 46)
    Sr. VP & Chief HR Officer













HSY Stock - Frequently Asked Questions

Should I buy or sell Hershey stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last twelve months. There are currently 10 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HSY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSY, but not buy additional shares or sell existing shares.
View HSY analyst ratings
or view top-rated stocks.

What is Hershey's stock price forecast for 2023?

17 brokerages have issued twelve-month target prices for Hershey's shares. Their HSY share price forecasts range from $200.00 to $255.00. On average, they expect the company's stock price to reach $229.00 in the next year. This suggests that the stock has a possible downside of 2.4%.
View analysts price targets for HSY
or view top-rated stocks among Wall Street analysts.

How have HSY shares performed in 2022?

Hershey's stock was trading at $193.47 at the start of the year. Since then, HSY stock has increased by 21.3% and is now trading at $234.73.
View the best growth stocks for 2022 here
.

Are investors shorting Hershey?

Hershey saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,680,000 shares, an increase of 6.8% from the October 31st total of 2,510,000 shares. Based on an average trading volume of 948,900 shares, the short-interest ratio is presently 2.8 days.
View Hershey's Short Interest
.

When is Hershey's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our HSY earnings forecast
.

How were Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) issued its quarterly earnings results on Friday, November, 4th. The company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.07. The business earned $2.73 billion during the quarter, compared to the consensus estimate of $2.62 billion. Hershey had a trailing twelve-month return on equity of 58.19% and a net margin of 15.69%. Hershey's quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.10 earnings per share.
Read the conference call transcript
.

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

Hershey announced a quarterly dividend on Wednesday, November 2nd. Investors of record on Friday, November 18th will be paid a dividend of $1.036 per share on Thursday, December 15th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date is Thursday, November 17th.
Read our dividend analysis for HSY
.

Is Hershey a good dividend stock?

Hershey (NYSE:HSY) pays an annual dividend of $4.14 per share and currently has a dividend yield of 1.77%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HSY will have a dividend payout ratio of 46.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HSY.

What guidance has Hershey issued on next quarter's earnings?

Hershey issued an update on its FY 2022 earnings guidance on Friday, November, 18th. The company provided earnings per share guidance of $8.20-$8.27 for the period, compared to the consensus EPS estimate of $8.18. The company issued revenue guidance of $10.23 billion-$10.32 billion, compared to the consensus revenue estimate of $10.20 billion.

What is Michele Buck's approval rating as Hershey's CEO?

208 employees have rated Hershey Chief Executive Officer Michele Buck on Glassdoor.com. Michele Buck has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Hershey own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hershey investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), AT&T (T), NVIDIA (NVDA), Verizon Communications (VZ), Chevron (CVX), Procter & Gamble (PG), Coca-Cola (KO), Walmart (WMT) and Cisco Systems (CSCO).

What is Hershey's stock symbol?

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

Who are Hershey's major shareholders?

Hershey's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hershey Trust Co. (28.34%), Vanguard Group Inc. (7.08%), BlackRock Inc. (7.06%), State Street Corp (3.51%), Renaissance Technologies LLC (1.48%) and Bank of New York Mellon Corp (0.64%). Insiders that own company stock include Charles R Raup, Christopher M Scalia, Hershey Trust Co, Hershey Trust Co Trustee In Tr, James Turoff, Jason Reiman, Jennifer Mccalman, Kevin R Walling, Kristen J Riggs, Michele Buck, Pamela M Arway and Pamela M Arway.
View institutional ownership trends
.

How do I buy shares of Hershey?

Shares of HSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Hershey's stock price today?

One share of HSY stock can currently be purchased for approximately $234.73.

How much money does Hershey make?

Hershey (NYSE:HSY) has a market capitalization of $48.14 billion and generates $8.97 billion in revenue each year. The company earns $1.48 billion in net income (profit) each year or $7.66 on an earnings per share basis.

How many employees does Hershey have?

The company employs 18,990 workers across the globe.

Does Hershey have any subsidiaries?
The following companies are subsidiares of Hershey: Allan Candy Company, Amplify Snack Brands Inc., Amplify Snack Brands2, Artisan Confections Company, Brookside Foods Ltd, CSH Foods Inc., Dagoba Organic Chocolate, Grupo Lorena, Hershey (China) Investment Management Co. Ltd., Hershey (Shanghai) Foods Research and Development Co. Ltd., Hershey (Thailand) Co. Ltd., Hershey Asia Pacific Pte. Ltd., Hershey Canada Inc., Hershey Caribe Inc., Hershey Chocolate & Confectionery LLC, Hershey Chocolate of Virginia LLC, Hershey Commercial (Shanghai) Co. Ltd., Hershey India Private Limited, Hershey International LLC, Hershey Japan Co. Ltd., Hershey Malaysia Sdn. Bhd., Hershey Mexico S.A. de C.V., Hershey Netherlands B.V., Hershey Philippines Inc., Hershey Singapore Pte. Ltd., Hershey Trading GmbH, Hershey UK Finance Limited, Hershey UK Holding Limited, Hershey do Brasil Ltda., Hersmex S. de R.L. de C.V., Joseph Schmidt Confections, Krave Pure Foods, Krave Pure Foods Inc., LH Foods Co. Limited (50 % ownership), Lotte Shanghai Foods Co. Ltd. (50% ownership), Mauna Loa Macadamia Nut Corporation, Nutrine Confectionery Company Private Limited, ONE Brands LLC, Pirate Brands, Reese Candy Corporation, Regional Operating HQ, Ripple Brand Collective LLC, Scharffen Berger Chocolate Maker, Servicios de Hersmex S. de R.L. de C.V., Shanghai Golden Monkey, Tri-Us Inc., Van Houten (Singapore) Pte. Ltd., Visagis, and Y&S Candies.
Read More
How can I contact Hershey?

Hershey's mailing address is 19 East Chocolate Avenue, Hershey PA, 17033. The official website for the company is www.thehersheycompany.com. The company can be reached via phone at (717) 534-4200, via email at investorrelations@hersheys.com, or via fax at 717-534-7873.

This page (NYSE:HSY) was last updated on 12/5/2022 by MarketBeat.com Staff