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 paid a dividend of $0.57 per share on Monday, December 16th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date is Friday, November 29th. View Kellogg's Dividend History.

Kellogg announced that its board has approved a stock buyback program on Monday, December 18th 2017, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Kellogg (NYSE:K) announced its 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%. Kellogg's revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.06 earnings per share. 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.

19 brokers have issued 12-month price objectives for Kellogg's shares. Their forecasts range from $49.00 to $72.00. On average, they anticipate Kellogg's share price to reach $64.00 in the next year. This suggests a possible upside of 0.0% from the stock's current price. View Analyst Price Targets for Kellogg.

19 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kellogg.

News articles about K stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kellogg earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Kellogg.

Some companies that are related to Kellogg include Mondelez International (MDLZ), General Mills (GIS), Tyson Foods (TSN), 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), Exxon Mobil (XOM), The Coca-Cola (KO), Verizon Communications (VZ), 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 bought 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 $63.97.

Kellogg has a market capitalization of $21.82 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]