NYSE:K - Kellogg Stock Price, Price Target & More

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$70.20 +0.60 (+0.86 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$70.20
Today's Range$69.40 - $70.37
52-Week Range$56.40 - $72.24
Volume1.33 million shs
Average Volume2.35 million shs
Market Capitalization$24.14 billion
P/E Ratio17.38
Dividend Yield3.10%
Beta0.52
Kellogg logoKellogg 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
SymbolNYSE:K
CUSIP48783610
Phone269-961-2000

Debt

Debt-to-Equity Ratio3.09
Current Ratio0.74
Quick Ratio0.47

Price-To-Earnings

Trailing P/E Ratio17.38
Forward P/E Ratio15.74
P/E Growth2.14

Sales & Book Value

Annual Sales$12.92 billion
Price / Sales1.88
Cash Flow$5.5363 per share
Price / Cash12.68
Book Value$6.45 per share
Price / Book10.88

Profitability

EPS (Most Recent Fiscal Year)$4.04
Net Income$1.27 billion
Net Margins11.10%
Return on Equity67.81%
Return on Assets9.05%

Miscellaneous

Employees33,000
Outstanding Shares346,850,000
Market Cap$24,140.64

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, April 27th. Stockholders of record on Friday, June 1st will be given a dividend of $0.54 per share on Friday, June 15th. This represents a $2.16 annualized dividend and a dividend yield of 3.08%. The ex-dividend date of this dividend is Thursday, May 31st. View Kellogg's Dividend History.

How will Kellogg's stock buyback program work?

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

How were Kellogg's earnings last quarter?

Kellogg (NYSE:K) issued its quarterly earnings results on Thursday, May, 3rd. The company reported $1.19 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.11. The business earned $3.40 billion during the quarter, compared to the consensus estimate of $3.30 billion. Kellogg had a net margin of 11.10% and a return on equity of 67.81%. The business's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.06 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, August, 2nd 2018. View Earnings Estimates for Kellogg.

What price target have analysts set for K?

18 brokerages have issued 12-month price objectives for Kellogg's shares. Their predictions range from $60.00 to $90.00. On average, they expect Kellogg's stock price to reach $71.5882 in the next year. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Ratings 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, 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Kellogg stock?

Here are some recent quotes from research analysts about Kellogg stock:
  • 1. 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)
  • 2. According to Zacks Investment Research, "Kellogg’s cost savings from its Project K and ZBB have been supporting renovation, innovation, brand support and margins. Kellogg remains on track to achieve its 2018 profit-margin goal of 18%. In order to improve its sales performance, the company is investing in brand building such as digital media, consumer promotions and traditional advertising.  Kellogg is also channeling funds toward product and packaging innovation as well as reformulation of many existing products to keep up with the rapidly changing views of consumers regarding health and wellness. Although cost savings are providing support for margin expansion, a weak top line is limiting Kellogg’s ability to leverage it. Meanwhile, its shares have outperformed industry in the past six months and current year earnings estimates have been trending upward over the last 60 days." (4/17/2018)

Are investors shorting Kellogg?

Kellogg saw a decrease in short interest in the month of June. As of June 15th, there was short interest totalling 23,523,345 shares, a decrease of 15.4% from the May 31st total of 27,808,877 shares. Based on an average daily volume of 3,184,361 shares, the days-to-cover ratio is presently 7.4 days. Approximately 6.8% of the shares of the company are sold short. View Kellogg's Current Options Chain.

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, Sr. VP & Pres of Kellogg Europe (Age 55)
  • Mr. Donald O. Mondano, Principal Accounting Officer, VP & Corp. Controller (Age 46)

Has Kellogg been receiving favorable news coverage?

Media headlines about K stock have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Kellogg earned a news sentiment score of 0.04 on Accern's scale. They also gave media headlines about the company an impact score of 46.93 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Kellogg's major shareholders?

Kellogg's stock is owned by a number of of institutional and retail investors. Top institutional investors include Swedbank (0.42%), Hexavest Inc. (0.23%), Bank of Montreal Can (0.15%), Cornerstone Wealth Management LLC (0.08%), Handelsbanken Fonder AB (0.07%) and Westpac Banking Corp (0.06%). 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, Maria Fernanda Mejia, Paul T Norman, Ronald L Dissinger 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 Hartford Investment Management Co., Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Westpac Banking Corp, Exane Derivatives, Benjamin F. Edwards & Company Inc., Retirement Systems of Alabama and Huntington National Bank. 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 major investors are buying Kellogg stock?

K stock was acquired by a variety of institutional investors in the last quarter, including Swedbank, Bank of Montreal Can, Cornerstone Wealth Management LLC, Handelsbanken Fonder AB, Hexavest Inc., Nisa Investment Advisors LLC, Manning & Napier Group LLC and Bridge Creek Capital Management 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 $70.20.

How big of a company is Kellogg?

Kellogg has a market capitalization of $24.14 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.

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:  1.8 out of 5 (star)
Outperform Votes:  329 (Vote Outperform)
Underperform Votes:  597 (Vote Underperform)
Total Votes:  926
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 7/21/2018 by MarketBeat.com Staff

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