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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
A gold storm is coming… (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
A gold storm is coming… (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
A gold storm is coming… (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
A gold storm is coming… (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
NYSE:HSY

Hershey - HSY Stock Forecast, Price & News

$236.28
+1.86 (+0.79%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$230.85
$236.49
50-Day Range
$214.52
$241.31
52-Week Range
$193.09
$242.63
Volume
1.50 million shs
Average Volume
1.03 million shs
Market Capitalization
$48.46 billion
P/E Ratio
29.68
Dividend Yield
1.77%
Price Target
$234.94

Hershey MarketRank™ Forecast

Analyst Rating
Hold
2.39 Rating Score
Upside/​Downside
3.1% Upside
$243.71 Price Target
Short Interest
Healthy
1.15% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.40mentions of Hershey in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$9.29 M Sold Last Quarter
Proj. Earnings Growth
7.34%
From $8.99 to $9.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Consumer Staples Sector

38th out of 137 stocks

Sugar & Confectionery Products Industry

2nd out of 5 stocks

HSY stock logo

About Hershey (NYSE:HSY) Stock

The Hershey Co. engages in the manufacture and marketing of chocolate, sweets, mints and confectionery products. The firm operates through the following geographical segments: North America and International and Other. The North America is responsible for the traditional chocolate and non-chocolate confectionery market position of the company, as well as its grocery and snacks market positions, in the United States and Canada. The International and Other segment includes the combination of all other operating segments, including those geographic regions where the company operates outside of North America. Its brands include Hershey's, Reese's, and Kisses. The company was founded by Milton S. Hershey in 1894 and is headquartered in Hershey, PA.

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HSY Stock News Headlines

Why Hershey Is a Sweet Recession Stock
What Hershey lacks in economically sensitive growth, it makes up for with products that are always in demand. This defines it as a consumer defensive name.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Hershey Reports Q4 Earnings Above Street View
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Hershey earnings and outlook top expectations
Hershey (NYSE:HSY) Rating Lowered to Hold at StockNews.com
Hershey (HSY) to Release Earnings on Thursday
Hershey (HSY) to Post Q4 Earnings: What's in the Cards?
3 Top Large-Caps With Big Growth
Here's Why Hershey (HSY) is a Strong Growth Stock
See More Headlines
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HSY Company Calendar

Ex-Dividend for 12/15 Dividend
11/17/2022
Dividend Payable
12/15/2022
Last Earnings
2/02/2023
Today
2/04/2023
Ex-Dividend for 3/15 Dividend
2/16/2023
Dividend Payable
3/15/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Sugar & confectionery products
Sub-Industry
Packaged Foods & Meats
CUSIP
42786610
Employees
18,990
Year Founded
1909

Price Target and Rating

Average Stock Price Forecast
$243.71
High Stock Price Forecast
$277.00
Low Stock Price Forecast
$222.00
Forecasted Upside/Downside
-0.6%
Consensus Rating
Hold
Rating Score (0-4)
2.39
Research Coverage
13 Analysts

Profitability

Net Income
$1.48 billion
Pretax Margin
18.40%

Debt

Sales & Book Value

Annual Sales
$10.42 billion
Cash Flow
$8.84 per share
Book Value
$16.09 per share

Miscellaneous

Free Float
204,386,000
Market Cap
$48.46 billion
Optionable
Optionable
Beta
0.35

Social Links


Key Executives

  • Michele G. BuckMichele G. Buck
    Chairman, President & Chief Executive Officer
  • Steven E. VoskuilSteven E. Voskuil
    Chief Financial Officer & Senior Vice President
  • William C. Papa
    Chief Research & Development Officer, Senior VP
  • Jason R. ReimanJason R. Reiman
    Chief Supply Chain Officer & Senior VP
  • Christopher M. ScaliaChristopher M. Scalia
    Chief Human Resources Officer & Senior VP













HSY Stock - Frequently Asked Questions

Should I buy or sell Hershey stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HSY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSY, but not buy additional shares or sell existing shares.
View HSY analyst ratings
or view top-rated stocks.

What is Hershey's stock price forecast for 2023?

18 brokerages have issued 1 year price objectives for Hershey's stock. Their HSY share price forecasts range from $200.00 to $277.00. On average, they predict the company's share price to reach $238.35 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price.
View analysts price targets for HSY
or view top-rated stocks among Wall Street analysts.

How have HSY shares performed in 2023?

Hershey's stock was trading at $231.57 at the start of the year. Since then, HSY shares have increased by 2.0% and is now trading at $236.28.
View the best growth stocks for 2023 here
.

Are investors shorting Hershey?

Hershey saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 2,350,000 shares, a decline of 16.7% from the December 15th total of 2,820,000 shares. Based on an average trading volume of 944,300 shares, the short-interest ratio is currently 2.5 days.
View Hershey's Short Interest
.

When is Hershey's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our HSY earnings forecast
.

How were Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) announced its quarterly earnings data on Thursday, February, 2nd. The company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.77 by $0.25. The business earned $2.65 billion during the quarter, compared to analysts' expectations of $2.58 billion. Hershey had a trailing twelve-month return on equity of 58.19% and a net margin of 15.69%. The company's quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.69 earnings per share.
Read the conference call transcript
.

How often does Hershey pay dividends? What is the dividend yield for Hershey?

Hershey announced a quarterly dividend on Thursday, February 2nd. Shareholders of record on Friday, February 17th will be given a dividend of $1.036 per share on Wednesday, March 15th. This represents a $4.14 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, February 16th.
Read our dividend analysis for HSY
.

Is Hershey a good dividend stock?

Hershey (NYSE:HSY) pays an annual dividend of $4.14 per share and currently has a dividend yield of 1.84%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HSY will have a dividend payout ratio of 46.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HSY.

What guidance has Hershey issued on next quarter's earnings?

Hershey issued an update on its FY23 earnings guidance on Thursday, February, 2nd. The company provided earnings per share (EPS) guidance of $9.29-$9.46 for the period, compared to the consensus estimate of $8.94. The company issued revenue guidance of $11.04-$11.25 billion, compared to the consensus revenue estimate of $11.01 billion.

What is Michele Buck's approval rating as Hershey's CEO?

208 employees have rated Hershey Chief Executive Officer Michele Buck on Glassdoor.com. Michele Buck has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Hershey own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hershey investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), AT&T (T), NVIDIA (NVDA), Verizon Communications (VZ), Chevron (CVX), Procter & Gamble (PG), Coca-Cola (KO), Walmart (WMT) and Cisco Systems (CSCO).

What is Hershey's stock symbol?

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

Who are Hershey's major shareholders?

Hershey's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.26%), Scout Investments Inc. (0.17%), DekaBank Deutsche Girozentrale (0.16%), Bank of Montreal Can (0.13%), New York State Common Retirement Fund (0.11%) and State of Michigan Retirement System (0.09%). Insiders that own company stock include Charles R Raup, Christopher M Scalia, Hershey Trust Co, Hershey Trust Co Trustee In Tr, James Turoff, Jason Reiman, Jennifer Mccalman, Kristen J Riggs, Michele Buck, Pamela M Arway, Pamela M Arway and Robert Malcolm.
View institutional ownership trends
.

How do I buy shares of Hershey?

Shares of HSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Hershey's stock price today?

One share of HSY stock can currently be purchased for approximately $236.28.

How much money does Hershey make?

Hershey (NYSE:HSY) has a market capitalization of $48.46 billion and generates $8.97 billion in revenue each year. The company earns $1.48 billion in net income (profit) each year or $7.66 on an earnings per share basis.

How many employees does Hershey have?

The company employs 18,990 workers across the globe.

Does Hershey have any subsidiaries?
The following companies are subsidiares of Hershey: Allan Candy Company, Amplify Snack Brands Inc., Amplify Snack Brands2, Artisan Confections Company, Brookside Foods Ltd, CSH Foods Inc., Dagoba Organic Chocolate, Grupo Lorena, Hershey (China) Investment Management Co. Ltd., Hershey (Shanghai) Foods Research and Development Co. Ltd., Hershey (Thailand) Co. Ltd., Hershey Asia Pacific Pte. Ltd., Hershey Canada Inc., Hershey Caribe Inc., Hershey Chocolate & Confectionery LLC, Hershey Chocolate of Virginia LLC, Hershey Commercial (Shanghai) Co. Ltd., Hershey India Private Limited, Hershey International LLC, Hershey Japan Co. Ltd., Hershey Malaysia Sdn. Bhd., Hershey Mexico S.A. de C.V., Hershey Netherlands B.V., Hershey Philippines Inc., Hershey Singapore Pte. Ltd., Hershey Trading GmbH, Hershey UK Finance Limited, Hershey UK Holding Limited, Hershey do Brasil Ltda., Hersmex S. de R.L. de C.V., Joseph Schmidt Confections, Krave Pure Foods, Krave Pure Foods Inc., LH Foods Co. Limited (50 % ownership), Lotte Shanghai Foods Co. Ltd. (50% ownership), Mauna Loa Macadamia Nut Corporation, Nutrine Confectionery Company Private Limited, ONE Brands LLC, Pirate Brands, Reese Candy Corporation, Regional Operating HQ, Ripple Brand Collective LLC, Scharffen Berger Chocolate Maker, Servicios de Hersmex S. de R.L. de C.V., Shanghai Golden Monkey, Tri-Us Inc., Van Houten (Singapore) Pte. Ltd., Visagis, and Y&S Candies.
Read More
How can I contact Hershey?

Hershey's mailing address is 19 East Chocolate Avenue, Hershey PA, 17033. The official website for the company is www.thehersheycompany.com. The company can be reached via phone at (717) 534-4200, via email at investorrelations@hersheys.com, or via fax at 717-534-7873.

This page (NYSE:HSY) was last updated on 2/4/2023 by MarketBeat.com Staff