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

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$71.17 +0.58 (+0.82 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$70.59
Today's Range$69.71 - $71.51
52-Week Range$56.40 - $74.98
Volume174,400 shs
Average Volume1.84 million shs
Market Capitalization$24.67 billion
P/E Ratio17.62
Dividend Yield3.15%
Beta0.49
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 Ratio2.57
Current Ratio0.82
Quick Ratio0.50

Price-To-Earnings

Trailing P/E Ratio17.62
Forward P/E Ratio15.75
P/E Growth2.09

Sales & Book Value

Annual Sales$12.92 billion
Price / Sales1.91
Cash Flow$5.4873 per share
Price / Cash12.97
Book Value$6.45 per share
Price / Book11.03

Profitability

EPS (Most Recent Fiscal Year)$4.04
Net Income$1.27 billion
Net Margins13.33%
Return on Equity59.68%
Return on Assets9.08%

Miscellaneous

Employees33,000
Outstanding Shares346,670,000
Market Cap$24.67 billion
OptionableN/A

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 announced a quarterly dividend on Friday, October 19th. Investors 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 annualized dividend and a yield of 3.15%. The ex-dividend date is Friday, November 30th. View Kellogg's Dividend History.

How will Kellogg's stock buyback program work?

Kellogg announced that its Board of Directors has approved a share buyback plan on Monday, December 18th 2017, which allows the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

How were Kellogg's earnings last quarter?

Kellogg (NYSE:K) announced its earnings results on Thursday, August, 2nd. The company reported $1.14 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.05 by $0.09. The firm earned $3.36 billion during the quarter, compared to the consensus estimate of $3.31 billion. Kellogg had a net margin of 13.33% and a return on equity of 59.68%. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the firm earned $0.97 earnings per share. View Kellogg's Earnings History.

When is Kellogg's next earnings date?

Kellogg is scheduled to release their next quarterly earnings announcement on Wednesday, October 31st 2018. View Earnings Estimates for Kellogg.

What price target have analysts set for K?

17 Wall Street analysts have issued 12 month price targets for Kellogg's shares. Their forecasts range from $62.00 to $90.00. On average, they expect Kellogg's stock price to reach $72.8125 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Kellogg.

What is the consensus analysts' recommendation for Kellogg?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kellogg in the last year. There are currently 2 sell ratings, 8 hold ratings and 7 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 shares have declined in the past three months. The company struggles with lower consumer demand in the U.S. Morning Foods segment. This, combined with challenges in the U.S. Snacks business as well as list-price adjustments dented revenues in the North American business by almost 0.8%. Though management is working to revive the businesses through investments in innovation and better in-store execution, the efforts are yet to bear fruit. Nevertheless, Kellogg’s revenues saw an increase in second-quarter 2018 driven by the takeover of RXBAR and consolidation of Multipro. Moreover, the company’s Pringles buyout has been lucrative. Further, the company expects to continue delivering solid results backed by yields from brand investments, gains from tax reforms and savings." (10/16/2018)
  • 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)

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 number of of institutional and retail investors. Top institutional shareholders include Swedbank (0.41%), PGGM Investments (0.22%), Hexavest Inc. (0.22%), Bank of Montreal Can (0.18%), Chevy Chase Trust Holdings Inc. (0.08%) and Cornerstone Wealth Management LLC (0.07%). 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, Ronald L Dissinger and Steven A Cahillane. View Institutional Ownership Trends for Kellogg.

Which institutional investors are selling Kellogg stock?

K stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Cornerstone Wealth Management LLC, Hexavest Inc., Swedbank, LVM Capital Management Ltd. MI, JLB & Associates Inc., CENTRAL TRUST Co and Texas Permanent School Fund. Company insiders that have sold Kellogg company stock in the last year include Amit Banati, Donald R Knauss, Gary H Pilnick, James M Jenness, John A Bryant, Kellogg W K Foundation Trust and Paul T Norman. View Insider Buying and Selling for Kellogg.

Which institutional investors are buying Kellogg stock?

K stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, First American Bank, Calamos Advisors LLC, Andra AP fonden, Clinton Group Inc., Strs Ohio, Aperio Group LLC and Manning & Napier Group LLC. 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 $71.1350.

How big of a company is Kellogg?

Kellogg has a market capitalization of $24.67 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:  390 (Vote Outperform)
Underperform Votes:  643 (Vote Underperform)
Total Votes:  1,033
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 10/23/2018 by MarketBeat.com Staff

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