NYSE:HSY - Hershey Stock Price, News, & Analysis

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

Hershey declared a quarterly dividend on Thursday, October 25th. Shareholders of record on Wednesday, November 21st will be paid a dividend of $0.722 per share on Friday, December 14th. This represents a $2.89 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date is Tuesday, November 20th. View Hershey's Dividend History.

Hershey announced that its board has approved a stock buyback plan on Thursday, October 26th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued.

Hershey Co (NYSE:HSY) posted its earnings results on Thursday, October, 25th. The company reported $1.55 earnings per share for the quarter, meeting the Zacks' consensus estimate of $1.55. The business had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.08 billion. Hershey had a return on equity of 102.30% and a net margin of 13.20%. View Hershey's Earnings History.

Hershey is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Hershey.

Hershey issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $5.33-5.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.36.

16 brokerages have issued 1 year target prices for Hershey's stock. Their forecasts range from $85.00 to $124.00. On average, they anticipate Hershey's stock price to reach $102.9333 in the next twelve months. This suggests that the stock has a possible downside of 5.6%. View Analyst Price Targets for Hershey.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 4 sell ratings, 11 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hershey.

News headlines about HSY stock have been trending very positive on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hershey earned a media sentiment score of 3.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

Some companies that are related to Hershey include Diageo (DEO), British American Tobacco (BTI), AMBEV S A/S (ABEV), Mondelez International (MDLZ), Unilever (UL), Kraft Heinz (KHC), RECKITT BENCKIS/S (RBGLY), Colgate-Palmolive (CL), Heineken (HEINY), JAPAN TOB INC/ADR (JAPAY), Estee Lauder Companies (EL), Danone (DANOY), PERNOD RICARD S/ADR (PDRDY), Kimberly Clark (KMB) and Keurig Dr Pepper (KDP).

Hershey's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.05%), Vanguard Group Inc. (5.18%), FMR LLC (2.67%), Janus Henderson Group PLC (1.04%), Bank of New York Mellon Corp (0.95%) and Alliancebernstein L.P. (0.94%). 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, Patricia A Little, Terence L O'day and Todd W Tillemans. View Institutional Ownership Trends for Hershey.

HSY stock was sold by a variety of institutional investors in the last quarter, including Panagora Asset Management Inc., Schroder Investment Management Group, Alliancebernstein L.P., Morgan Stanley, Marathon Asset Management LLP, Renaissance Technologies LLC, Mitsubishi UFJ Trust & Banking Corp and Deutsche Bank AG. Company insiders that have sold Hershey company stock in the last year include David L Shedlarz, Hershey Trust Co Trustee In Tr, Kevin R Walling, Michele Buck and Patricia A Little. View Insider Buying and Selling for Hershey.

HSY stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, American Century Companies Inc., FMR LLC, Unigestion Holding SA, Glenmede Trust Co. NA, First Trust Advisors LP and Soros Fund 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 $109.03.

Hershey has a market capitalization of $22.47 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.

The official website for Hershey is http://www.hersheys.com.

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.