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 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 2.85%. The ex-dividend date of this dividend is Thursday, May 24th. View Hershey's Dividend History.

Hershey announced that its Board of Directors has initiated a share buyback plan on Thursday, October 26th 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Hershey Co (NYSE:HSY) posted its quarterly earnings data on Thursday, April, 26th. The company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.40 by $0.01. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.94 billion. Hershey had a net margin of 13.25% and a return on equity of 113.86%. The company's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 earnings per share 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 brokers have issued 1-year price targets for Hershey's shares. Their predictions range from $80.00 to $130.00. On average, they anticipate Hershey's stock price to reach $102.4375 in the next twelve months. This suggests a possible upside of 11.4% 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 B (STZ.B), Constellation Brands, Inc. Class A (STZ), SYSCO (SYY) and Kimberly Clark (KMB).

Press coverage about HSY stock has been trending positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hershey earned a news impact score of 0.26 on Accern's scale. They also assigned headlines about the company an impact score of 44.75 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Hershey's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.25%), Davis R M Inc. (0.10%), Retirement Systems of Alabama (0.06%), YCG LLC (0.06%), Tikehau Investment Management (0.05%) and Lawson Kroeker Investment Management Inc. NE (0.05%). 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, Hartford Investment Management Co., Lawson Kroeker Investment Management Inc. NE, State of Alaska Department of Revenue, YCG LLC and Huntington 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 bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Nisa Investment Advisors LLC, Retirement Systems of Alabama, Cornerstone Wealth Management LLC, Boston Advisors LLC, Gofen & Glossberg LLC IL, DnB Asset Management AS and Bright Rock Capital Management LLC. 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 $91.92.

Hershey has a market capitalization of $19.30 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.