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

$66.62 0.81 (1.23 %)
(As of 01/19/2018 04:00 PM ET)
Previous Close$66.62
Today's Range$65.80 - $67.01
52-Week Range$58.76 - $76.69
Volume3.45 million shs
Average Volume3.11 million shs
Market Capitalization$22.99 billion
P/E Ratio29.74
Dividend Yield3.24%
Beta0.52

About Kellogg (NYSE:K)

Kellogg logoKellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Company's principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. Its segments include U.S. Morning Foods, which includes cereal, toaster pastries, health and wellness bars, and beverages; U.S. Snacks, which includes cookies, crackers, cereal bars, savory snacks and fruit-flavored snacks; U.S. Specialty, which represents food away from home channels, including food service, convenience, vending, Girl Scouts and food manufacturing; North America Other, which includes the U.S. Frozen, Kashi and Canada operating segments; Europe, which consists of European countries; Latin America, which consists of Central and South America and includes Mexico, and Asia Pacific, which consists of Sub-Saharan Africa, Australia and other Asian and Pacific markets.

Receive K News and Ratings via Email

Sign-up to receive the latest news and ratings for K and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Food Processing
Sub-IndustryPackaged Foods & Meats
SectorNon-Cyclical Consumer Goods & Services
SymbolNYSE:K
CUSIP48783610
Phone+1-269-9612000

Debt

Debt-to-Equity Ratio3.71%
Current Ratio0.68%
Quick Ratio0.43%

Price-To-Earnings

Trailing P/E Ratio29.7410714285714
Forward P/E Ratio16.53
P/E Growth2.49

Sales & Book Value

Annual Sales$13.01 billion
Price / Sales1.77
Cash Flow$5.91 per share
Price / Cash11.28
Book Value$5.49 per share
Price / Book12.13

Profitability

Trailing EPS$2.24
Net Income$694 million
Net Margins6.15%
Return on Equity73.92%
Return on Assets9.27%

Miscellaneous

Employees37,369
Outstanding Shares345,470,000

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 20th. Shareholders of record on Friday, December 1st will be given a dividend of $0.54 per share on Friday, December 15th. This represents a $2.16 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, 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 repurchase plan on Monday, December 18th 2017, which permits the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

How were Kellogg's earnings last quarter?

Kellogg (NYSE:K) released its quarterly earnings results on Tuesday, October, 31st. The company reported $1.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.94 by $0.11. The business earned $3.27 billion during the quarter, compared to analysts' expectations of $3.22 billion. Kellogg had a return on equity of 73.92% and a net margin of 6.15%. Kellogg's quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the company posted $0.96 earnings per share. View Kellogg's Earnings History.

When will Kellogg make its next earnings announcement?

Kellogg is scheduled to release their next quarterly earnings announcement on Thursday, February, 8th 2018. View Earnings Estimates for Kellogg.

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

Kellogg issued an update on its FY17 earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $4.03-4.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.97. The company issued revenue guidance of $12.62 billion, compared to the consensus revenue estimate of $12.73 billion.

Where is Kellogg's stock going? Where will Kellogg's stock price be in 2018?

14 brokers have issued 12 month price targets for Kellogg's stock. Their predictions range from $62.00 to $91.00. On average, they anticipate Kellogg's share price to reach $73.00 in the next year. 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. Argus analysts commented, "POST" > Subscribe to our free newsletters: Market in 5 Minutes Everything you need to know about the market - quick & easy. Daily Analyst Rating A summary of each day's top rating changes from sell-side analysts on the street. FinTech Focus Your weekly roundup of hot topics in the exciting world of fintech. TERMS & CONDITIONS Thank You for registering for Benzinga's newsletters and alerts. • The Daily Analysts Ratings email will be received daily between 7am and 10am. • The Market in 5 Minutes email will be received daily between 7am and 8am. • The Fintech Focus email will be received every Friday between 2pm and 5pm. If you have any questions as it relates to either of the three newsletters, please feel free to contact us at 1-877-440-ZING. Trending Recent 1 SMI, OCLR: 32 Stocks Moving In Wednesday's Pre-Market Session 2 PYPL, FB: Cash In On Square's Run, Analyst Says 3 OSTK, SRAX: 5 Cryptocurrency Stocks That Are Rallying Despite Hac... 4 RIOT, VERI: Riot BlockChain, Veritone, Helios & Mat... 5 HPQ, GES: 8 Stocks To Watch For November 22, 2017 6 NTNX: A Nutanix Bull Explains What Th... 7 KOS, GG: Benzinga's Top Upgr... 1 MSRT: MassRoots Files Suit Against Former CEO 2 HIMX, AXTA: Jon Najarian Sees Unusual Options Activity In Axalta Coating And H... 3 HPE: Analyst: Buy Shares Of HP Enterprise On Any Weakness 4 SD, BCEI: 2 Stocks Moving In Wednesday's After-Hours Session 5 BABA, AMZN: Rich Ross Shares 3 Stocks To Buy 6 FIVE, OLLI: Discount Retailers Are On A Roll Th... 7 T, GME: 2 Takes On GameStop's Be... Partner Center Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content. Popular ChannelsAnalyst RatingsBe Your Own BossETFsEconomicsForexHotNewsOptionsPress ReleasesStart-upsTechTools & FeaturesAffiliate ProgramPreMarket PrepFeedsNews WidgetReal Time FeedSitemapSubmit News TipsAbout BenzingaAbout UsLicensing and APIsApps (iOS and Android)Fintech AwardsBlogSyndicationIn the NewsCareersService StatusContact UsDisclaimerPrivacy PolicyTerms and Conditions Benzinga Partners 1 (877) 440-9464 (ZING) © Copyright Benzinga Benzinga - Feed Your Mind try pro News Markets Ratings Ideas Tech Small-Cap Personal Finance Premium Products