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S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results

Kellanova (K) Stock Price, News & Analysis

$55.63
-0.81 (-1.44%)
(As of 02/27/2024 ET)
Today's Range
$55.39
$56.60
50-Day Range
$53.03
$57.76
52-Week Range
$47.63
$72.30
Volume
1.75 million shs
Average Volume
2.90 million shs
Market Capitalization
$18.95 billion
P/E Ratio
20.23
Dividend Yield
4.03%
Price Target
$61.93

Kellanova MarketRank™ Stock Analysis

Analyst Rating
Hold
2.08 Rating Score
Upside/​Downside
11.3% Upside
$61.93 Price Target
Short Interest
Bearish
4.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.82
Upright™ Environmental Score
News Sentiment
0.51mentions of Kellanova in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$46.49 M Sold Last Quarter
Proj. Earnings Growth
6.44%
From $3.57 to $3.80 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.36 out of 5 stars

Consumer Discretionary Sector

74th out of 256 stocks

Grain Mill Products Industry

4th out of 5 stocks


K stock logo

About Kellanova Stock (NYSE:K)

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, Asia, the Middle East, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Krave, Rice Krispies Treats, Kashi Go, Crunchy Nut, Rice Krispies Squares, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was formerly known as Kellogg Company and changed its name to Kellanova in October 2023. Kellanova was founded in 1906 and is based in Chicago, Illinois.

K Stock Price History

K Stock News Headlines

Wells Fargo Keeps Their Hold Rating on Kellanova (K)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
CEO's General Mills Stake Shrinks by Half
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Kellanova Declares Regular Dividend of $0.56 per Share
5 Tech Priorities Shaping the Future of Kellanova
5 Tech Priorities Shaping the Future of Kellanova
Buy Rating Affirmed: Kellanova’s Impressive Growth and Positive Outlook
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
10/30/2023
Dividend Payable
12/15/2023
Last Earnings
2/08/2024
Today
2/28/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Packaged Foods & Meats
CUSIP
48783610
Employees
23,000
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$61.93
High Stock Price Target
$74.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+11.3%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
13 Analysts

Profitability

Net Income
$951 million
Pretax Margin
7.93%

Debt

Sales & Book Value

Annual Sales
$13.12 billion
Cash Flow
$4.43 per share
Book Value
$9.89 per share

Miscellaneous

Free Float
335,909,000
Market Cap
$18.95 billion
Optionable
Optionable
Beta
0.39

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K Stock Analysis - Frequently Asked Questions

Should I buy or sell Kellanova stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kellanova in the last year. There are currently 12 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" K shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in K, but not buy additional shares or sell existing shares.
View K analyst ratings
or view top-rated stocks.

What is Kellanova's stock price target for 2024?

13 Wall Street research analysts have issued twelve-month target prices for Kellanova's stock. Their K share price targets range from $55.00 to $74.00. On average, they predict the company's stock price to reach $61.93 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for K
or view top-rated stocks among Wall Street analysts.

How have K shares performed in 2024?

Kellanova's stock was trading at $55.91 on January 1st, 2024. Since then, K stock has decreased by 0.5% and is now trading at $55.63.
View the best growth stocks for 2024 here
.

When is Kellanova's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our K earnings forecast
.

How were Kellanova's earnings last quarter?

Kellanova (NYSE:K) released its earnings results on Thursday, February, 8th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. Kellanova had a trailing twelve-month return on equity of 35.17% and a net margin of 6.25%. The company's revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.94 EPS.
Read the conference call transcript
.

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

Kellanova announced a quarterly dividend on Friday, February 16th. Shareholders of record on Friday, March 1st will be given a dividend of $0.56 per share on Friday, March 15th. This represents a $2.24 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for K
.

Is Kellanova a good dividend stock?

Kellanova (NYSE:K) pays an annual dividend of $2.24 per share and currently has a dividend yield of 3.97%. K has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 81.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, K will have a dividend payout ratio of 58.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for K.

How will Kellanova's stock buyback program work?

Kellanova announced that its board has initiated a stock buyback plan on Monday, December 12th 2022, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.2% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

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

Kellanova updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 3.550-3.650 for the period, compared to the consensus earnings per share estimate of 3.610. The company issued revenue guidance of -.

What is Steven Cahillane's approval rating as Kellanova's CEO?

310 employees have rated Kellanova Chief Executive Officer Steven Cahillane on Glassdoor.com. Steven Cahillane has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Kellanova own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kellanova investors own include Johnson & Johnson (JNJ), AT&T (T), Procter & Gamble (PG), Exxon Mobil (XOM), Intel (INTC), Coca-Cola (KO), Pfizer (PFE), Verizon Communications (VZ), Cisco Systems (CSCO) and AbbVie (ABBV).

Who are Kellanova's major shareholders?

Kellanova's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Kellogg W K Foundation Trust (15.50%), Vanguard Group Inc. (9.39%), Charles Schwab Investment Management Inc. (1.65%), Beutel Goodman & Co Ltd. (1.43%), Northern Trust Corp (1.14%) and Van ECK Associates Corp (0.80%). Insiders that own company stock include Alistair D Hirst, Amit Banati, Christopher M Hood, Gary H Pilnick, Kellogg W K Foundation Trust, Kris Bahner, Kurt D Forche and Rodrigo Lance.
View institutional ownership trends
.

How do I buy shares of Kellanova?

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

Does Kellanova have any subsidiaries?
The following companies are subsidiares of Kellanova: 545 LLC, AQFTM Inc., Afical - Industria e Comercio de Alimentos Ltda, Afical Holding LLC, Alimentos Gollek S.A., Alimentos Kellogg S.A., Alimentos Kellogg de Panama SRL, Argkel Inc., Austin Quality Foods Inc., BDH Inc., Bear Naked Inc., Bisco Misr, CC Real Estate Holdings LLC, Canada Holding LLC, Cary Land Corporation, Eighteen94 Capital LLC, Favorite Food Products Limited, Gardenburger LLC, Gollek Argentina S.R.L., Gollek B.V., Gollek Inc., Gollek Interamericas S. de R.L. de C.V., Gollek Servicios S.C., Gollek UK Limited, Illinois Baking Corporation, Instituto De Nutricion y Salud Kellogg A.C., Insurgent Brands LLC, K (China) Limited, K Europe Holding Company Limited, K India Private Limited, K-One Inc., K-Two Inc., KBAR SRL, KECL LLC, KELF Limited, KJAL Limited, KPAR Limited, KT International Finance SRL, KTRY Limited, Kashi Company, Kashi Company Pty Ltd, Kashi Sales L.L.C., Keebler Company, Keebler Foods Company, Keebler Holding Corp., Keebler USA Inc., Kelarg Inc., Kelcone Limited, Kelcorn Limited, Kellman S. de R.L. de C.V., Kellogg (Aust.) Pty. Ltd., Kellogg (Deutschland) GmbH, Kellogg (Japan) G.K., Kellogg (Osterreich) Gesellschaft GmbH, Kellogg (Schweiz) GmbH, Kellogg (Thailand) Limited, Kellogg Activation Services Company, Kellogg Argentina S.R.L., Kellogg Asia Inc., Kellogg Asia Marketing Inc., Kellogg Asia Pacific Pte. Ltd., Kellogg Asia Products Sdn.. Bhd., Kellogg Asia Sdn. Bhd., Kellogg Australia Holdings Pty. Ltd., Kellogg Belgium Services Company BVBA, Kellogg Brasil Inc., Kellogg Brasil Ltda., Kellogg Business Services Company, Kellogg Canada Inc., Kellogg Caribbean Inc., Kellogg Caribbean Services Company Inc., Kellogg Chile Inc., Kellogg Company East Africa Limited, Kellogg Company Mexico S. de R.L. de C.V., Kellogg Company Subsidiaries, Kellogg Company of Great Britain Limited, Kellogg Company of Ireland Limited, Kellogg Company of South Africa (Pty.) Ltd., Kellogg Costa Rica S. de R.L., Kellogg Ecuador C. LTDA., Kellogg El Salvador Ltda. de C.V., Kellogg España S.L., Kellogg Europe Company Limited, Kellogg Europe Finance Limited, Kellogg Europe Services Limited, Kellogg Europe Trading Limited, Kellogg Europe Treasury Services Limited, Kellogg European Logistics Services Company Limited, Kellogg European Support Services SRL, Kellogg Fearn Inc., Kellogg Funding Company LLC, Kellogg Group LLC, Kellogg Group Limited, Kellogg Group S.a.r.l., Kellogg Hellas Single Member Limited Liability Company, Kellogg Holding Company Limited, Kellogg Holding LLC, Kellogg Hong Kong Holding Company Limited, Kellogg Hong Kong Private Limited, Kellogg India Private Limited, Kellogg International Holding Company, Kellogg Irish Holding Limited, Kellogg Italia S.p.A., Kellogg Kayco, Kellogg Latin America Holding Company (One) Limited, Kellogg Latin America Holding Company (Two) Limited, Kellogg Latvia Inc., Kellogg Lux I S.ar.l., Kellogg Lux III S. ar L., Kellogg Lux V S.a.r.l., Kellogg Lux VI S.ar.l., Kellogg Management Services (Europe) Limited, Kellogg Manchester Limited, Kellogg Manufacturing España S.L., Kellogg Marketing and Sales Company (UK) Limited, Kellogg Med Gida Ticaret Limited SirketiI, Kellogg Netherlands Holding B.V., Kellogg North America Company, Kellogg Northern Europe GmbH, Kellogg Pakistan (Private) Limted, Kellogg Rus LLC, Kellogg Sales Company, Kellogg Services GmbH, Kellogg Servicios S.C., Kellogg Snacks Financing Limited, Kellogg Snacks Holding Company Europe Limited, Kellogg Superannuation Pty. Ltd., Kellogg Supply Services (Europe) Limited, Kellogg Talbot LLC, Kellogg Transition MA&P L.L.C., Kellogg Treasury Services Company, Kellogg U.K. Holding Company Limited, Kellogg UK Minor Limited, Kellogg USA LLC, Kellogg de Centro America S.A., Kellogg de Colombia S.A., Kellogg de Mexico S. de R.L. de C.V., Kellogg de Peru S.R.L., Kellogg's Produits Alimentaires S.A.S., Kelmill Limited, Kelpac Limited, Klux A Sarl, Klux B Sarl, Mass Food, Mass Food International SAE, Mass Food SAE, Mass Trade for Trade and Distribution SAE, McCamly Plaza Hotel Inc., Multipro Consumer Products Limited*, Multipro Private Limited*, Multipro Singapore Pte. Ltd*, Nhong Shim Kellogg Co. Ltd.*, Nikko Industries*, Nordisk Kellogg's ApS, PRUX S.a r.l., Padua Ltda, Parati Group, Parati Industria e Comercio de Alimentos Ltda, Portable Foods Manufacturing Company Limited, Prime Bond Cyprus Holding Company Limited, Prime Bond Holdings Limited, Pringles, Pringles (Shanghai) Food Co. Ltd., Pringles Australia Pty Ltd, Pringles Hong Kong Limited, Pringles International Operations Sarl, Pringles Japan G.K., Pringles LLC, Pringles Manufacturing Company, Pringles Overseas Holdings Sarl, Pringles S.a r.l., Pronumex S de R.L. de C.V., RX Bar UK Limited, RXBRANDS Canada ULC, Ritmo Investimentos, Rondo Food Manufacturing S.A.E., RxBar, Saragusa Frozen Foods Limited, Servicios Argkel S.C., Shaffer Clarke & Co. Inc., Specialty Cereals Pty Limited, Specialty Foods L.L.C., Stretch Fibres*, Stretch Island Fruit Sales L.L.C., Sunshine Biscuits L.L.C., The Eggo Company, The Healthy Snack People Pty Limited, Trafford Park Insurance Limited, Uma Investments sp. z o.o., Vita+ Naturprodukte GmbH*, Wimble Manufacturing Belgium BVBA, Wimble Services Belgium BVBA, and Worthington Foods Inc..
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This page (NYSE:K) was last updated on 2/28/2024 by MarketBeat.com Staff