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

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

Hershey declared 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 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Thursday, August 22nd. This is a positive change from Hershey's previous quarterly dividend of $0.72. View Hershey's Dividend History.

Hershey declared that its board has authorized a stock buyback plan on Thursday, October 26th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

Hershey Co (NYSE:HSY) posted its quarterly earnings results on Thursday, July, 25th. The company reported $1.31 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.18 by $0.13. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.77 billion. Hershey had a return on equity of 83.29% and a net margin of 15.51%. The business's revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.14 earnings per share. 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 issued an update on 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 equities research analysts have issued 1 year price targets for Hershey's shares. Their forecasts range from $114.00 to $170.00. On average, they expect Hershey's stock price to reach $143.00 in the next twelve months. This suggests that the stock has a possible downside of 6.6%. 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.

Media headlines about HSY stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Hershey earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Hershey.

Hershey saw a increase in short interest during 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 trading volume of 1,190,000 shares, the short-interest ratio is presently 3.6 days. Approximately 2.9% of the company's stock are sold short. View Hershey's Current Options Chain.

Some companies that are related to Hershey include Philip Morris International (PM), Diageo (DEO), Unilever (UN), Altria Group (MO), Mondelez International (MDLZ), British American Tobacco (BTI), AMBEV S A/S (ABEV), Unilever (UL), Estee Lauder Companies (EL), Heineken (HEINY), Danone (DANOY), Colgate-Palmolive (CL), RECKITT BENCKIS/S (RBGLY), PERNOD RICARD S/ADR (PDRDY) and Kimberly Clark (KMB).

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

Hershey's stock is owned by many different of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.46%), Hexavest Inc. (0.09%), Lucia Wealth Services LLC (0.05%), Lawson Kroeker Investment Management Inc. NE (0.04%), DNB Asset Management AS (0.04%) and Zurcher Kantonalbank Zurich Cantonalbank (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, Envestnet Asset Management Inc., Lawson Kroeker Investment Management Inc. NE, NuWave Investment Management LLC, Assenagon Asset Management S.A., Gateway Investment Advisers LLC and Santori & Peters Inc.. 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 Fulton Breakefield Broenniman LLC. 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 $153.07.

Hershey has a market capitalization of $32.08 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.