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. Investors 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 annualized dividend and a dividend yield of 2.01%. 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 announced that its board has initiated a share repurchase program on Thursday, October 26th 2017, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

Hershey Co (NYSE:HSY) posted its quarterly earnings data on Thursday, July, 25th. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.13. The company earned $1.77 billion during 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%. Hershey's revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 issued an update on 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 earnings per share 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 Wall Street analysts have issued 1-year price objectives for Hershey's shares. Their predictions range from $114.00 to $170.00. On average, they anticipate Hershey's share price to reach $141.8462 in the next twelve months. This suggests that the stock has a possible downside of 7.9%. 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 stories about HSY stock have trended somewhat negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hershey earned a coverage optimism score of -1.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Hershey.

Some companies that are related to Hershey include Philip Morris International (PM), Diageo (DEO), Unilever (UN), Mondelez International (MDLZ), British American Tobacco (BTI), Altria Group (MO), AMBEV S A/S (ABEV), Unilever (UL), Estee Lauder Companies (EL), Heineken (HEINY), Colgate-Palmolive (CL), Danone (DANOY), 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), Boeing (BA), Procter & Gamble (PG), Exxon Mobil (XOM), The Coca-Cola (KO), Intel (INTC) and Cisco Systems (CSCO).

Hershey's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.81%), BlackRock Inc. (6.81%), Vanguard Group Inc. (5.62%), Renaissance Technologies LLC (2.02%), APG Asset Management N.V. (1.30%) and Janus Henderson Group PLC (1.14%). 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 Hershey Trust Co., JPMorgan Chase & Co., Scharf Investments LLC, Morgan Stanley, AQR Capital Management LLC, Marathon Asset Management LLP, TD Asset Management Inc. and Panagora Asset Management 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 bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Renaissance Technologies LLC, Nuveen Asset Management LLC, Vanguard Group Inc., Robeco Institutional Asset Management B.V., UBS Asset Management Americas Inc., Unigestion Holding SA and California Public Employees Retirement System. 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 $153.94.

Hershey has a market capitalization of $32.26 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.