NYSE:K - Kellogg Stock Price, News & Analysis

$64.43
+0.65 (+1.02 %)
(As of 08/20/2019 03:08 AM ET)
Today's Range
$63.52
Now: $64.43
$64.52
50-Day Range
$53.25
MA: $58.77
$64.38
52-Week Range
$51.34
Now: $64.43
$74.98
Volume1.79 million shs
Average Volume2.61 million shs
Market Capitalization$21.94 billion
P/E Ratio14.88
Dividend Yield3.51%
Beta0.61
Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Snacks, U.S. Morning Foods, U.S. Specialty Channels, North America Other, Europe, Latin America, and Asia Pacific segments. Its principal products include crackers, cookies, crisps and other savory snacks, toaster pastries, cereal bars, granola bars and bites, fruit-flavored snacks, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. Read More…

Industry, Sector and Symbol

Industry Grain mill products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
CUSIP48783610
Phone269-961-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.55 billion
Cash Flow$5.9768 per share
Book Value$9.43 per share

Profitability

Net Income$1.34 billion

Miscellaneous

Employees34,000
Market Cap$21.94 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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, July 26th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.57 per share on Friday, September 13th. This represents a $2.28 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend is Friday, August 30th. This is a positive change from Kellogg's previous quarterly dividend of $0.56. View Kellogg's Dividend History.

How will Kellogg's stock buyback program work?

Kellogg declared that its Board of Directors has authorized a stock repurchase program on Monday, December 18th 2017, which allows the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

How were Kellogg's earnings last quarter?

Kellogg (NYSE:K) announced its earnings results on Thursday, August, 1st. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.91 by $0.08. The business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.41 billion. Kellogg had a net margin of 6.28% and a return on equity of 41.91%. Kellogg's revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the company posted $1.14 EPS. 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 30th 2019. View Earnings Estimates for Kellogg.

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

Kellogg updated its FY 2019 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of $3.85-3.89 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.84. The company issued revenue guidance of $13.68247-13.81794 billion, compared to the consensus revenue estimate of $13.4 billion.

What price target have analysts set for K?

18 brokers have issued 12-month price objectives for Kellogg's stock. Their forecasts range from $49.00 to $74.00. On average, they expect Kellogg's stock price to reach $63.25 in the next year. This suggests that the stock has a possible downside of 1.8%. 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, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kellogg.

Has Kellogg been receiving favorable news coverage?

News stories about K stock have trended negative this week, InfoTrie reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Kellogg earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Kellogg.

Are investors shorting Kellogg?

Kellogg saw a increase in short interest in July. As of July 31st, there was short interest totalling 18,514,600 shares, an increase of 5.4% from the June 30th total of 17,560,700 shares. Based on an average trading volume of 2,540,000 shares, the short-interest ratio is presently 7.3 days. Approximately 5.4% of the shares of the company are short sold. View Kellogg's Current Options Chain.

Who are some of Kellogg's key competitors?

What other stocks do shareholders of Kellogg own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kellogg investors own include AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Procter & Gamble (PG), Verizon Communications (VZ), General Electric (GE), Intel (INTC), The Coca-Cola (KO), Cisco Systems (CSCO) and JPMorgan Chase & Co. (JPM).

Who are Kellogg's key executives?

Kellogg's management team includes the folowing people:
  • Mr. Steven A. Cahillane, Chairman, CEO & Pres (Age 54)
  • Mr. Fareed A. Khan, Sr. VP & CFO (Age 53)
  • Mr. Gary H. Pilnick, Vice Chairman of Corp. Devel. & Chief Legal Officer (Age 55)
  • Mr. Alistair D. Hirst, Sr. VP of Global Supply Chain (Age 60)
  • Mr. Christopher M. Hood, Sr. VP & Pres of Kellogg North America (Age 56)

Who are Kellogg's major shareholders?

Kellogg's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Kellogg W K Foundation Trust (18.78%), BlackRock Inc. (7.48%), Keybank National Association OH (7.32%), Vanguard Group Inc. (5.91%), Renaissance Technologies LLC (1.62%) and Beutel Goodman & Co Ltd. (1.16%). Company insiders that own Kellogg stock include Amit Banati, Donald R Knauss, Fareed A Khan, Gary H Pilnick, James M Jenness, John A Bryant, 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 Kellogg W K Foundation Trust, BlackRock Inc., Skandinaviska Enskilda Banken AB publ , Prudential Financial Inc., Bank of New York Mellon Corp, Mackenzie Financial Corp, Brown Advisory Inc. and APG Asset Management N.V.. View Insider Buying and Selling for Kellogg.

Which major investors are buying Kellogg stock?

K stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, AustralianSuper Pty Ltd, Price T Rowe Associates Inc. MD, AMF Pensionsforsakring AB, Morgan Stanley, California Public Employees Retirement System and Invesco Ltd.. 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 $64.43.

How big of a company is Kellogg?

Kellogg has a market capitalization of $21.94 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.

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:  438 (Vote Outperform)
Underperform Votes:  720 (Vote Underperform)
Total Votes:  1,158
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 8/20/2019 by MarketBeat.com Staff

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