NYSE:K - Kellogg Stock Price, News, & Analysis

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$61.73 -0.79 (-1.26 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$61.73
Today's Range$61.51 - $62.75
52-Week Range$56.40 - $74.98
Volume3.39 million shs
Average Volume3.31 million shs
Market Capitalization$21.67 billion
P/E Ratio15.28
Dividend Yield3.59%
Beta0.5
Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. Its principal products include cookies, crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites, fruit-flavored snacks, ready-to-eat cereals, frozen waffles, and veggie foods. The company offers its cereals and cereal bars under the Kellogg's brand, as well as under the Kashi and Bear Naked brand; frozen foods under the Eggo and Morningstar Farms brands; and cookies, crackers, crisps, and other convenience foods under the Kellogg's, Keebler, Cheez-It, Pringles, Murray, Austin, and Famous Amos brands. The company sells its products for retailers through direct sales forces, as well as use brokers and distributors in approximately 180 countries. Kellogg Company was founded in 1906 and is headquartered in Battle Creek, Michigan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Grain mill products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNYSE:K
Previous Symbol
CUSIP48783610
Phone269-961-2000

Debt

Debt-to-Equity Ratio2.41
Current Ratio0.84
Quick Ratio0.52

Price-To-Earnings

Trailing P/E Ratio15.28
Forward P/E Ratio14.32
P/E Growth2.06

Sales & Book Value

Annual Sales$12.92 billion
Price / Sales1.66
Cash Flow$5.4244 per share
Price / Cash11.38
Book Value$10.42 per share
Price / Book5.92

Profitability

EPS (Most Recent Fiscal Year)$4.04
Net Income$1.27 billion
Net Margins13.75%
Return on Equity51.32%
Return on Assets8.77%

Miscellaneous

Employees33,000
Outstanding Shares347,020,000
Market Cap$21.67 billion
OptionableOptionable

Kellogg (NYSE:K) Frequently Asked Questions

What is Kellogg's stock symbol?

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

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

Kellogg declared a quarterly dividend on Friday, October 19th. Shareholders of record on Monday, December 3rd will be given a dividend of $0.56 per share on Monday, December 17th. This represents a $2.24 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend is Friday, November 30th. View Kellogg's Dividend History.

How will Kellogg's stock buyback program work?

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

How were Kellogg's earnings last quarter?

Kellogg (NYSE:K) released its quarterly earnings results on Wednesday, October, 31st. The company reported $1.06 EPS for the quarter, missing the Zacks' consensus estimate of $1.07 by $0.01. The company had revenue of $3.47 billion for the quarter, compared to analysts' expectations of $3.43 billion. Kellogg had a net margin of 13.75% and a return on equity of 51.32%. The company's quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.03 EPS. View Kellogg's Earnings History.

When is Kellogg's next earnings date?

Kellogg is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Kellogg.

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

Kellogg updated its FY 2018 earnings guidance on Wednesday, October, 31st. The company provided earnings per share (EPS) guidance of $4.32-4.36 for the period, compared to the Thomson Reuters consensus estimate of $4.52. The company issued revenue guidance of $13.569-13.569 billion, compared to the consensus revenue estimate of $13.53 billion.

What price target have analysts set for K?

18 brokerages have issued twelve-month price targets for Kellogg's stock. Their predictions range from $62.00 to $90.00. On average, they anticipate Kellogg's share price to reach $70.1765 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Kellogg.

What is the consensus analysts' recommendation for Kellogg?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kellogg in the last year. There are currently 2 sell ratings, 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kellogg.

What are Wall Street analysts saying about Kellogg stock?

Here are some recent quotes from research analysts about Kellogg stock:
  • 1. According to Zacks Investment Research, "Kellogg’s, whose shares have declined in the past three months, depicted an unimpressive profitability picture in third-quarter 2018 results. Notably, adjusted operating profit declined in the said period, primarily due to higher promotional investments. In fact, management expects increased expenses to continue, as a result of which it trimmed adjusted earnings growth view for 2018. Additionally, the company struggles with lower consumer demand in the U.S. Morning Foods segment. This along with challenges in the U.S. Snacks business as well as list-price adjustments dented organic revenues in the North American business in the second quarter. Nevertheless, Kellogg’s net revenues improved in third-quarter 2018 driven by the takeover of RXBAR and consolidation of Multipro. Going ahead, the company expects to continue gaining from a strong brand portfolio and savings initiatives." (11/13/2018)
  • 2. Pivotal Research analysts commented, "We continue to expect that CEO Cahillane will steer Kellogg to accelerate growth and fund greater investment in the brands. We can agree with the recent short report that Kellogg has not reinvested in growth to support growth; doing so under Cahillane’s leadership will make Kellogg a much better company. The shorts think the glass is half empty – we see half full and growing." (5/3/2018)

Has Kellogg been receiving favorable news coverage?

News articles about K stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kellogg earned a daily sentiment score of 1.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the stock's share price in the next few days.

Who are some of Kellogg's key competitors?

Who are Kellogg's key executives?

Kellogg's management team includes the folowing people:
  • Mr. Steven A. Cahillane, Chairman , CEO & Pres (Age 53)
  • Mr. Fareed A. Khan, Sr. VP & CFO (Age 52)
  • Mr. Gary H. Pilnick, Vice Chairman of Corp. Devel. & Chief Legal Officer (Age 54)
  • Mr. Christopher M. Hood, Pres of Kellogg North America (Age 55)
  • Mr. Kurt D. Forche, Principal Accounting Officer, VP & Corp. Controller (Age 48)

Who are Kellogg's major shareholders?

Kellogg's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Kellogg W K Foundation Trust (18.94%), Keybank National Association OH (7.28%), BlackRock Inc. (6.96%), Capital Research Global Investors (3.59%), Capital World Investors (2.81%) and Massachusetts Financial Services Co. MA (2.15%). Company insiders that own Kellogg stock include Amit Banati, Donald R Knauss, Fareed A Khan, Gary H Pilnick, James M Jenness, John A Bryant, John T Dillon, Kellogg W K Foundation Trust, Paul T Norman and Steven A Cahillane. View Institutional Ownership Trends for Kellogg.

Which major investors are selling Kellogg stock?

K stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, American Century Companies Inc., Kellogg W K Foundation Trust, American International Group Inc., State Farm Mutual Automobile Insurance Co., Mitsubishi UFJ Trust & Banking Corp, FMR LLC and Massachusetts Financial Services Co. MA. Company insiders that have sold Kellogg company stock in the last year include Amit Banati, Gary H Pilnick, Kellogg W K Foundation Trust and Paul T Norman. View Insider Buying and Selling for Kellogg.

Which major investors are buying Kellogg stock?

K stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Russell Investments Group Ltd., Capital World Investors, Allianz Asset Management GmbH, Panagora Asset Management Inc., DekaBank Deutsche Girozentrale, Renaissance Technologies LLC and PNC Financial Services Group Inc.. 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.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Kellogg's stock price today?

One share of K stock can currently be purchased for approximately $61.73.

How big of a company is Kellogg?

Kellogg has a market capitalization of $21.67 billion and generates $12.92 billion in revenue each year. The company earns $1.27 billion in net income (profit) each year or $4.04 on an earnings per share basis. Kellogg employs 33,000 workers across the globe.

What is Kellogg's official website?

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

How can I contact Kellogg?

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]


MarketBeat Community Rating for Kellogg (NYSE K)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  400 (Vote Outperform)
Underperform Votes:  662 (Vote Underperform)
Total Votes:  1,062
MarketBeat's community ratings are surveys of what our community members think about Kellogg and other stocks. Vote "Outperform" if you believe K will outperform the S&P 500 over the long term. Vote "Underperform" if you believe K will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2018 by MarketBeat.com Staff

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