Kellogg Stock Price, Forecast & Analysis (NYSE:K)

Kellogg trades on the New York Stock Exchange (NYSE) under the ticker symbol "K."

Kellogg declared a quarterly dividend on Thursday, October 17th. Investors of record on Monday, December 2nd will be given a dividend of $0.57 per share on Monday, December 16th. This represents a $2.28 annualized dividend and a yield of 3.53%. The ex-dividend date is Friday, November 29th. View Kellogg's Dividend History.

Kellogg declared that its board has authorized a stock buyback program on Monday, December 18th 2017, which authorizes the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Kellogg (NYSE:K) issued its quarterly earnings results on Tuesday, October, 29th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.91 by $0.12. The business had revenue of $3.37 billion for the quarter, compared to the consensus estimate of $3.35 billion. Kellogg had a net margin of 5.35% and a return on equity of 42.47%. The firm's revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.06 EPS. View Kellogg's Earnings History.

Kellogg is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Kellogg.

18 brokerages have issued 1-year target prices for Kellogg's shares. Their forecasts range from $49.00 to $74.00. On average, they anticipate Kellogg's share price to reach $64.13 in the next year. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for Kellogg.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kellogg in the last year. There are currently 1 sell rating, 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kellogg.

News coverage about K stock has trended somewhat negative recently, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kellogg earned a news sentiment score of -1.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Kellogg.

Some companies that are related to Kellogg include Mondelez International (MDLZ), Tyson Foods (TSN), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Campbell Soup (CPB), Conagra Brands (CAG), J M Smucker (SJM), Pilgrim's Pride (PPC), Post (POST), Seaboard (SEB), Flowers Foods (FLO), Lancaster Colony (LANC) and Sanderson Farms (SAFM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kellogg investors own include AT&T (T), Procter & Gamble (PG), Johnson & Johnson (JNJ), Verizon Communications (VZ), Exxon Mobil (XOM), The Coca-Cola (KO), General Electric (GE), Intel (INTC), Cisco Systems (CSCO) and Mcdonald's (MCD).

Kellogg's stock is owned by a number of of retail and institutional investors. Top institutional investors include Keybank National Association OH (7.15%), Massachusetts Financial Services Co. MA (2.17%), Beutel Goodman & Co Ltd. (1.02%), California Public Employees Retirement System (0.60%), Sumitomo Mitsui Trust Holdings Inc. (0.31%) and First Trust Advisors LP (0.28%). Company insiders that own Kellogg stock include Alistair D Hirst, Amit Banati, Fareed A Khan, Gary H Pilnick, Kellogg W K Foundation Trust, Maria Fernanda Mejia, Paul T Norman and Steven A Cahillane. View Institutional Ownership Trends for Kellogg.

K stock was sold by a variety of institutional investors in the last quarter, including Keybank National Association OH, Beutel Goodman & Co Ltd., State of New Jersey Common Pension Fund D, Great West Life Assurance Co. Can, Massachusetts Financial Services Co. MA, OLD Republic International Corp, AMF Pensionsforsakring AB and Gamco Investors INC. ET AL. Company insiders that have sold Kellogg company stock in the last year include Alistair D Hirst, Gary H Pilnick, Kellogg W K Foundation Trust and Maria Fernanda Mejia. View Insider Buying and Selling for Kellogg.

K stock was acquired by a variety of institutional investors in the last quarter, including Polaris Greystone Financial Group LLC, Commerzbank Aktiengesellschaft FI, Professional Advisory Services Inc., Strs Ohio, Crossmark Global Holdings Inc., Thomasville National Bank, Paragon Capital Management LLC and California Public Employees Retirement System. Company insiders that have bought Kellogg stock in the last two years include Fareed A Khan and Steven A Cahillane. View Insider Buying and Selling for Kellogg.

Shares of K 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 K stock can currently be purchased for approximately $64.66.

Kellogg has a market capitalization of $22.05 billion and generates $13.55 billion in revenue each year. The company earns $1.34 billion in net income (profit) each year or $4.33 on an earnings per share basis. Kellogg employs 34,000 workers across the globe.View Additional Information About Kellogg.

The official website for Kellogg is http://www.kelloggcompany.com/.

Kellogg's mailing address is ONE KELLOGG SQUARE P O BOX 3599, BATTLE CREEK MI, 49016. The company can be reached via phone at 269-961-2000 or via email at [email protected]