NYSE:HSY - Hershey Stock Price, Forecast & News

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

Hershey declared a quarterly dividend on Thursday, January 30th. Investors of record on Friday, February 21st will be given a dividend of $0.773 per share on Monday, March 16th. This represents a $3.09 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, February 20th. View Hershey's Dividend History.

Hershey Co (NYSE:HSY) announced its quarterly earnings data on Thursday, January, 30th. The company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.04. The firm earned $2.07 billion during the quarter, compared to analysts' expectations of $2.06 billion. Hershey had a return on equity of 73.68% and a net margin of 14.40%. Hershey's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period last year, the firm earned $1.26 earnings per share. View Hershey's Earnings History.

Hershey is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Hershey.

Hershey issued an update on its FY20 earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of $6.13-6.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.15. The company issued revenue guidance of $8.15-8.31 billion, compared to the consensus revenue estimate of $8.20 billion.

15 brokers have issued twelve-month price targets for Hershey's stock. Their forecasts range from $120.00 to $170.00. On average, they anticipate Hershey's stock price to reach $147.80 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Hershey.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 1 sell rating, 13 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hershey.

Media stories about HSY stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing 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 positive five, with scores closest to five being the most favorable. Hershey earned a news impact score of -4.4 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Hershey.

Hershey saw a decline in short interest in the month of February. As of February 14th, there was short interest totalling 2,610,000 shares, a decline of 16.1% from the January 30th total of 3,110,000 shares. Based on an average daily volume of 809,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.8% of the shares of the company 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), Kellogg (K), MCCORMICK & CO /SH (MKC), Campbell Soup (CPB), Conagra Brands (CAG), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Seaboard (SEB), 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), NVIDIA (NVDA), Procter & Gamble (PG), Chevron (CVX), The Coca-Cola (KO), AT&T (T), Boeing (BA), Cisco Systems (CSCO) and Intel (INTC).

Hershey's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.69%), Renaissance Technologies LLC (2.15%), Geode Capital Management LLC (1.44%), Janus Henderson Group PLC (1.17%), Bank of America Corp DE (0.78%) and Bank of New York Mellon Corp (0.72%). Company insiders that own Hershey stock include Anthony J Palmer, Damien Atkins, David L Shedlarz, Hershey Trust Co, Hershey Trust Co Trustee In Tr, Jason Reiman, Javier H Idrovo, Kevin R Walling, Michele Buck, Pamela M Arway, Patricia A Little, Steven E Voskuil, Terence L O'day, Todd W Tillemans and West Mary E Stone. View Institutional Ownership Trends for Hershey.

HSY stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, PGGM Investments, Alliancebernstein L.P., Hexavest Inc., Janus Henderson Group PLC, Acadian Asset Management LLC and AJO LP. 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, Jason Reiman, Javier H Idrovo, Kevin R Walling, Michele Buck, Pamela M Arway, Patricia A Little, Terence L O'day and West Mary E Stone. View Insider Buying and Selling for Hershey.

HSY stock was purchased by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Bank of Montreal Can, State Street Corp, Bank of America Corp DE, Stifel Financial Corp, Assetmark Inc., AQR Capital Management LLC and Anchor Capital Advisors 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 $142.72.

Hershey has a market capitalization of $29.86 billion and generates $7.99 billion in revenue each year. The company earns $1.15 billion in net income (profit) each year or $5.78 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.thehersheycompany.com/.

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