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 given 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 2.03%. The ex-dividend date of this dividend is Thursday, August 22nd. This is an increase from Hershey's previous quarterly dividend of $0.72. View Hershey's Dividend History.

Hershey declared that its Board of Directors has initiated a stock buyback plan 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 purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Hershey Co (NYSE:HSY) released its earnings results on Thursday, July, 25th. The company reported $1.31 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.18 by $0.13. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.77 billion. Hershey had a net margin of 15.51% and a return on equity of 83.29%. The firm's quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 (EPS) guidance of $5.68-5.74 for the period, compared to the Thomson Reuters consensus EPS 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.

13 brokerages have issued 12 month target prices for Hershey's shares. Their forecasts range from $114.00 to $170.00. On average, they expect Hershey's share price to reach $141.85 in the next twelve months. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for Hershey.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 1 sell rating, 10 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 very negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news 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 five, with scores nearest to five being the most favorable. Hershey earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news 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 stock's share price in the near future. View News Stories for Hershey.

Hershey saw a increase in short interest in 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 short-interest ratio is presently 3.6 days. Approximately 2.9% of the shares of the company are short sold. 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), Estee Lauder Companies (EL), Unilever (UL), 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 institutional and retail investors. Top institutional investors include Hexavest Inc. (0.09%), Lucia Wealth Services LLC (0.05%), Lawson Kroeker Investment Management Inc. NE (0.04%), Manning & Napier Group LLC (0.04%), State of Alaska Department of Revenue (0.04%) and Pennsylvania Trust Co (0.03%). 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, Lawson Kroeker Investment Management Inc. NE, NuWave Investment Management LLC, Gateway Investment Advisers LLC, Santori & Peters Inc., SevenBridge Financial Group LLC and Toth Financial Advisory Corp. 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 Ferguson Wellman Capital Management Inc., Pacer Advisors Inc., Clarus Wealth Advisors, Gulf International Bank UK Ltd, Neville Rodie & Shaw Inc., Cullinan Associates Inc., Hexavest Inc. and First Hawaiian Bank. 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 $152.54.

Hershey has a market capitalization of $31.97 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.