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. Investors 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 annualized dividend and a 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 has authorized a stock buyback program on Thursday, October 26th 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Hershey Co (NYSE:HSY) released its quarterly earnings data on Thursday, April, 26th. The company reported $1.41 earnings per share for the quarter, beating analysts' consensus estimates of $1.40 by $0.01. The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.94 billion. Hershey had a return on equity of 113.86% and a net margin of 13.25%. Hershey's revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $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 issued an update on its FY18 earnings guidance on Thursday, April, 26th. 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. 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 brokerages have issued 12-month price targets for Hershey's stock. Their predictions range from $80.00 to $130.00. On average, they expect Hershey's stock price to reach $102.4375 in the next twelve months. This suggests a possible upside of 10.4% 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 Kraft Heinz (KHC), AMBEV S A/S (ABEV), 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 A (STZ), Constellation Brands, Inc. Class B (STZ.B), Kimberly Clark (KMB) and SYSCO (SYY).

Headlines about HSY stock have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Hershey earned a news impact score of 0.20 on Accern's scale. They also assigned news stories about the company an impact score of 46.60 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Hershey's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.25%), Lawson Kroeker Investment Management Inc. NE (0.05%), State of Alaska Department of Revenue (0.04%), Manning & Napier Group LLC (0.03%), Pennsylvania Trust Co (0.02%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%). 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, Lawson Kroeker Investment Management Inc. NE, State of Alaska Department of Revenue, Raymond James Trust N.A., Bath Savings Trust Co and Smithfield Trust Co.. 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 Bank of Montreal Can, Gofen & Glossberg LLC IL, DnB Asset Management AS, Bright Rock Capital Management LLC, Adams Asset Advisors LLC, Marshwinds Advisory Co., Chesley Taft & Associates LLC and Palo Capital 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 $92.75.

Hershey has a market capitalization of $19.67 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.