Hershey Stock Price, News & Analysis (NYSE:HSY)

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

Hershey announced a quarterly dividend on Thursday, July 25th. Stockholders of record on Friday, August 23rd will be paid a dividend of $0.773 per share on Monday, September 16th. This represents a $3.09 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, August 22nd. This is a boost from Hershey's previous quarterly dividend of $0.72. View Hershey's Dividend History.

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

Hershey Co (NYSE:HSY) issued its earnings results on Thursday, July, 25th. The company reported $1.31 EPS for the quarter, beating the Zacks' consensus estimate of $1.18 by $0.13. The firm earned $1.77 billion during the quarter, compared to analysts' expectations of $1.77 billion. Hershey had a net margin of 15.51% and a return on equity of 83.29%. The company's quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the business earned $1.14 EPS. View Hershey's Earnings History.

Hershey is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Hershey.

Hershey will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Hershey updated its FY 2019 earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $5.68-5.74 for the period, compared to the Thomson Reuters consensus estimate of $5.74. The company issued revenue guidance of $7.946922-7.946922 billion, compared to the consensus revenue estimate of $7.95 billion.

14 Wall Street analysts have issued 1 year target prices for Hershey's stock. Their forecasts range from $114.00 to $170.00. On average, they anticipate Hershey's stock price to reach $143.00 in the next year. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Hershey.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 1 sell rating, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hershey.

News headlines about HSY stock have been trending somewhat positive recently, InfoTrie reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Hershey earned a news impact score of 0.6 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Hershey.

Hershey saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 4,270,000 shares, an increase of 7.8% from the August 30th total of 3,960,000 shares. Based on an average daily volume of 1,190,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.9% of the shares of the stock are short sold. View Hershey's Current Options Chain.

Some companies that are related to Hershey include Mondelez International (MDLZ), General Mills (GIS), Tyson Foods (TSN), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Kellogg (K), Campbell Soup (CPB), Conagra Brands (CAG), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Seaboard (SEB), Flowers Foods (FLO), Lancaster Colony (LANC) and J & J Snack Foods (JJSF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hershey investors own include Walt Disney (DIS), Johnson & Johnson (JNJ), Chevron (CVX), Procter & Gamble (PG), NVIDIA (NVDA), Boeing (BA), Intel (INTC), The Coca-Cola (KO), Exxon Mobil (XOM) and Cisco Systems (CSCO).

Hershey's stock is owned by many different of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.46%), Boston Trust Walden Corp (0.10%), Hexavest Inc. (0.09%), Virginia Retirement Systems ET AL (0.07%), Lucia Wealth Services LLC (0.05%) and Lawson Kroeker Investment Management Inc. NE (0.04%). Company insiders that own Hershey stock include Anthony J Palmer, D Michael Wege, Damien Atkins, David L Shedlarz, Hershey Trust Co, Hershey Trust Co Trustee In Tr, Javier H Idrovo, Kevin R Walling, Michele Buck, Patricia A Little, Steven E Voskuil, 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 Hendley & Co. Inc., State of Alaska Department of Revenue, Boston Trust Walden Corp, Envestnet Asset Management Inc., Lawson Kroeker Investment Management Inc. NE, NuWave Investment Management LLC, Assenagon Asset Management S.A. and Convergence Investment Partners LLC. Company insiders that have sold Hershey company stock in the last year include Anthony J Palmer, Hershey Trust Co, Hershey Trust Co Trustee In Tr, Javier H Idrovo, Kevin R Walling, Michele Buck, Patricia A Little and Terence L O'day. View Insider Buying and Selling for Hershey.

HSY stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Ferguson Wellman Capital Management Inc., Meeder Asset Management Inc., Tuttle Tactical Management, CIBC Private Wealth Group LLC, Nisa Investment Advisors LLC, Trinity Legacy Partners LLC and Virginia Retirement Systems ET AL. Company insiders that have bought Hershey stock in the last two years include Damien Atkins, Steven E Voskuil and Todd W Tillemans. 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, Robinhood, Fidelity and Charles Schwab.

One share of HSY stock can currently be purchased for approximately $149.97.

Hershey has a market capitalization of $31.43 billion and generates $7.79 billion in revenue each year. The company earns $1.18 billion in net income (profit) each year or $5.36 on an earnings per share basis. Hershey employs 16,420 workers across the globe.View Additional Information About Hershey.

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

Hershey's mailing address is 19 East Chocolate Avenue, Hershey PA, 17033. The company can be reached via phone at 717-534-4200.