McCormick & Co. Company Profile (NYSE:MKC)

About McCormick & Co.

McCormick & Co. logoMcCormick & Company, Incorporated manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The Company operates in two segments: consumer and industrial. Its brands in the Americas include McCormick, Lawry's, Stubb's, Club House, Zatarain's, Thai Kitchen and Simply Asia. In Europe and the Middle East and Africa (EMEA), the Company's brands include the Ducros, Schwartz, Kamis, Drogheria & Alimentari, and a line of Vahine brand dessert items. In the Asia/Pacific region, it markets products under the McCormick and DaQiao brands in China. In Australia, it markets its spices and seasonings under the McCormick brand and its dessert products under the Aeroplane brand. In India, its joint venture trades under the Kohinoor brand. The industrial segment sells to food manufacturers and the foodservice industry both directly and indirectly through distributors.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Processed & Packaged Goods
  • Sub-Industry: Packaged Foods & Meats
  • Exchange: NYSE
  • Symbol: MKC
  • CUSIP: 57978020
Key Metrics:
  • Previous Close: $101.64
  • 50 Day Moving Average: $102.91
  • 200 Day Moving Average: $98.03
  • Trailing P/E Ratio: 30.35
  • Foreward P/E Ratio: 24.79
  • P/E Growth: 2.89
  • Market Cap: $12.96B
  • Outstanding Shares: 126,650,000
  • Beta: 0.48
Additional Links:
Companies Related to McCormick & Co.:

Analyst Ratings

Consensus Ratings for McCormick & Co. (NYSE:MKC) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $96.86 (4.71% downside)

Analysts' Ratings History for McCormick & Co. (NYSE:MKC)
Show:
DateFirmActionRatingPrice TargetDetails
7/5/2016Citigroup Inc.Reiterated RatingNeutralView Rating Details
7/2/2016Deutsche Bank AGBoost Price TargetBuy$110.00 -> $113.00View Rating Details
4/19/2016Credit Suisse Group AGReiterated RatingNeutral$95.00View Rating Details
3/31/2016Sanford C. BernsteinReiterated RatingBuyView Rating Details
2/18/2016BB&T Corp.DowngradeBuy -> HoldView Rating Details
1/19/2016JPMorgan Chase & Co.DowngradeNeutral -> Underweight$82.00 -> $76.00View Rating Details
12/15/2015Jefferies GroupInitiated CoverageHold$80.00View Rating Details
10/3/2014S&P Equity ResearchReiterated RatingHoldView Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for McCormick & Co. (NYSE:MKC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/29/2016        
6/30/2016Q216$0.74$0.75$1.06 billionViewListenView Earnings Details
3/29/2016Q116$0.69$0.74$1.03 billion$1.03 billionViewListenView Earnings Details
1/28/2016Q415$1.17$1.18$1.19 billion$1.20 billionViewListenView Earnings Details
10/1/2015Q315$0.87$0.85$1.06 billionViewListenView Earnings Details
7/1/2015Q215$0.68$0.75$1.02 billionViewListenView Earnings Details
3/24/2015Q115$0.64$0.70$1.01 billionViewListenView Earnings Details
1/28/2015Q414$1.15$1.16$1.21 billion$1.17 billionViewListenView Earnings Details
10/2/2014Q314$0.81$0.95$1.04 billionViewListenView Earnings Details
6/26/2014Q214$0.62$0.64$1.04 billion$1.03 billionViewListenView Earnings Details
3/25/2014Q114$0.58$0.62$973.20 million$993.40 millionViewListenView Earnings Details
1/29/2014Q413$1.18$1.11$1.22 billion$1.17 billionViewListenView Earnings Details
9/26/2013Q313$0.78$0.78$1.03 billion$1.02 billionViewListenView Earnings Details
6/27/2013Q2 2013$0.61$0.61$1.01 billion$1,000.00 millionViewListenView Earnings Details
4/2/2013Q1 2013$0.56$0.55$922.66 million$934.00 millionViewListenView Earnings Details
1/24/2013Q4 2012$1.14$1.11$1.17 billion$1.15 billionViewListenView Earnings Details
9/27/2012Q312$0.76$0.78$989.60 million$977.70 millionViewN/AView Earnings Details
6/27/2012$0.61$0.60ViewN/AView Earnings Details
3/27/2012$0.53$0.55ViewN/AView Earnings Details
1/26/2012$0.98$0.98ViewN/AView Earnings Details
9/28/2011$0.66$0.69ViewN/AView Earnings Details
6/30/2011$0.54$0.55ViewN/AView Earnings Details
3/29/2011$0.54$0.57ViewN/AView Earnings Details
1/26/2011$0.96$0.99ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for McCormick & Co. (NYSE:MKC)
Current Year EPS Consensus Estimate: $3.74 EPS
Next Year EPS Consensus Estimate: $4.1 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.67$0.74$0.70
Q2 20163$0.73$0.75$0.74
Q3 20162$0.95$0.99$0.97
Q4 20162$1.29$1.30$1.30
Q1 20171$0.81$0.81$0.81
Q2 20171$0.79$0.79$0.79
Q3 20171$1.05$1.05$1.05
Q4 20171$1.43$1.43$1.43
Q1 20181$0.89$0.89$0.89
Q2 20181$0.87$0.87$0.87
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for McCormick & Co. (NYSE:MKC)
Annual Dividend:$1.72
Dividend Yield:1.69%
Payout Ratio:50.89% (Based on Trailing 12 Months of Earnings)
45.99% (Based on Current Year Consensus EPS Estimate)
41.95% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:8.90% (3 Year Average)

Dividend History for McCormick & Co. (NYSE:MKC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/28/2016quarterly$0.437/7/20167/11/20167/25/2016
3/30/2016quarterly$0.434/7/20164/11/20164/25/2016
11/24/2015quarterly$0.4312/29/201512/31/20151/15/2016
9/29/2015quarterly$0.4010/8/201510/13/201510/27/2015
6/30/2015quarterly$0.402.01%7/9/20157/13/20157/27/2015
3/25/2015quarterly$0.402.08%4/1/20154/6/20154/20/2015
11/25/2014quarterly$0.402.2%12/29/201412/31/20141/14/2015
9/30/2014quarterly$0.372.26%10/8/201410/13/201410/27/2014
6/25/2014quarterly$0.372.11%7/2/20147/7/20147/21/2014
3/26/2014quarterly$0.372.09%4/3/20144/7/20144/21/2014
11/26/2013quarterly$0.372.13%12/27/201312/31/20131/14/2014
9/24/2013quarterly$0.342%10/3/201310/7/201310/21/2013
6/26/2013quarterly$0.341.93%7/3/20137/8/20137/22/2013
4/3/2013quarterly$0.341.9%4/11/20134/15/20134/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for McCormick & Co. (NYSE:MKC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/13/2016Gordon Mckenzie Stetz JrCFOSell38,900$105.17$4,091,113.00View SEC Filing  
7/5/2016Patricia A LittleDirectorSell3,750$107.22$402,075.00View SEC Filing  
5/19/2016Nneka Louise RimmerVPSell560$96.00$53,760.00View SEC Filing  
5/5/2016Malcolm SwiftInsiderSell26,950$95.01$2,560,519.50View SEC Filing  
4/19/2016Gordon Mckenzie Stetz JrCFOSell37,000$95.03$3,516,110.00View SEC Filing  
7/10/2015Gordon Mckenzie Stetz JrCFOSell23,094$79.68$1,840,129.92View SEC Filing  
8/18/2014Lawrence Erik KurziusInsiderSell65,300$69.01$4,506,353.00View SEC Filing  
6/30/2014Jacques TapieroDirectorBuy1,000$71.77$71,770.00View SEC Filing  
3/27/2014Paul BeardVPSell33,700$71.00$2,392,700.00View SEC Filing  
11/5/2013Kenneth Kelly, Jr.SVPSell13,374$69.19$925,347.06View SEC Filing  
5/13/2013William Geoffrey CarpenterVPSell15,336$73.83$1,132,256.88View SEC Filing  
11/14/2012William E StevensDirectorSell10,000$63.24$632,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for McCormick & Co. (NYSE:MKC)
DateHeadline
News IconSell-side & Crowd View on McCormick & Company, Incorporated (NYSE:MKC) - Post News (NYSE:MKC)
www.kentuckypostnews.com - August 22 at 6:11 PM
stocksdaily.net logoDividend Alert For McCormick & Company, Incorporated (NYSE:MKC) - Stocks Daily (NYSE:MKC)
www.stocksdaily.net - August 20 at 10:18 AM
capitalcube.com logoETF’s with exposure to McCormick & Co., Inc. : August 17, 2016 (NYSE:MKC)
www.capitalcube.com - August 17 at 6:25 PM
News IconTop Gainers of the Day: McCormick & Company, Incorporated (NYSE:MKC) from Processed & Packaged Goods (NYSE:MKC)
twincountynews.com - August 17 at 9:18 AM
News IconIs McCormick & Company, Incorporated (NYSE:MKC), a large market cap stock a smart buy? - Twin County News (NYSE:MKC)
twincountynews.com - August 12 at 9:27 AM
marketrealist.com logoWhat Segments Contributed to Kellogg’s Margins in Fiscal 2Q16? (NYSE:MKC)
marketrealist.com - August 11 at 9:24 AM
tradecalls.org logoIpswich Investment Management Lowers stake in McCormick & Company Incorporated (MKC) - Trade Calls (NYSE:MKC)
www.tradecalls.org - August 9 at 6:27 PM
tradecalls.org logoMcCormick & Company Incorporated (MKC) Shares are Down -1.89 ... - Trade Calls (NYSE:MKC)
www.tradecalls.org - August 8 at 6:26 PM
tradecalls.org logoSt. James Investment Company buys $865,344 stake in McCormick ... - Trade Calls (NYSE:MKC)
www.tradecalls.org - August 6 at 9:00 AM
publicnow.com logoMcCormick Finalizes Agreement for New Headquarters Location in Hunt Valley (NYSE:MKC)
www.publicnow.com - August 5 at 6:22 PM
News IconLeading stocks in today's market: McCormick & Company, Incorporated (NYSE:MKC) - Twin County News (NYSE:MKC)
twincountynews.com - August 3 at 6:34 PM
capitalcube.com logoMcCormick & Co., Inc. breached its 50 day moving average in a Bearish Manner : MKC-US : August 3, 2016 (NYSE:MKC)
www.capitalcube.com - August 3 at 6:34 PM
seekingalpha.com logoMcCormick Is Currently Overvalued (NYSE:MKC)
seekingalpha.com - August 2 at 11:02 AM
stocksdaily.net logoMcCormick & Company, Incorporated (NYSE:MKC) Paid $0.43 Per Share Last Year - Stocks Daily (NYSE:MKC)
www.stocksdaily.net - July 31 at 5:45 PM
tradecalls.org logoFinancial Consulate Inc Lowers stake in McCormick & Company ... - Trade Calls (NYSE:MKC)
www.tradecalls.org - July 31 at 5:45 PM
tradecalls.org logoMcCormick & Company Incorporated (MKC) Shares are Down -0.72% - Trade Calls (NYSE:MKC)
www.tradecalls.org - July 27 at 9:09 AM
seekingalpha.com logoMcCormick Is Another Consumer Staples Bubble Stock (NYSE:MKC)
seekingalpha.com - July 26 at 9:26 AM
capitalcube.com logoETF’s with exposure to McCormick & Co., Inc. : July 25, 2016 (NYSE:MKC)
www.capitalcube.com - July 25 at 1:00 PM
marketrealist.com logoHow Is Mead Johnson Rewarding Shareholders? (NYSE:MKC)
marketrealist.com - July 22 at 1:05 PM
capitalcube.com logoMcCormick & Co., Inc. :MKC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 22, 2016 (NYSE:MKC)
www.capitalcube.com - July 22 at 10:57 AM
News IconGwm Advisors buys $3717826 stake in McCormick & Company Incorporated (MKC) - TheFounders Daily (NYSE:MKC)
www.thefoundersdaily.com - July 22 at 9:09 AM
News IconAlbert D Mason Inc buys $2987742 stake in McCormick & Company Incorporated (MKC) - TheFounders Daily (NYSE:MKC)
www.thefoundersdaily.com - July 22 at 9:09 AM
nasdaq.com logoNotable ETF Inflow Detected - NOBL, CINF, MKC, NUE (NYSE:MKC)
www.nasdaq.com - July 20 at 6:54 PM
marketrealist.com logoHow the Stronger Dollar and Market Dynamics Affected MJN in 1Q16 (NYSE:MKC)
marketrealist.com - July 20 at 12:06 PM
seekingalpha.com logoDon't Sell McCormick (NYSE:MKC)
seekingalpha.com - July 19 at 11:38 AM
seekingalpha.com logoDon't Sell McCormick - Seeking Alpha (NYSE:MKC)
seekingalpha.com - July 18 at 6:19 PM
tradecalls.org logoShares of McCormick & Company Incorporated (MKC) Drops by -1.81% - Trade Calls (NYSE:MKC)
www.tradecalls.org - July 18 at 11:30 AM
News IconShares Moving Down on the Week: McCormick & Company, Incorporated (NYSE:MKC) - Engelwood Daily (NYSE:MKC)
www.engelwooddaily.com - July 17 at 5:41 PM
fiscalstandard.com logoMcCormick & Company, Incorporated (NYSE:MKC) Broker Price Targets For The Coming Week - Fiscal Standard (NYSE:MKC)
www.fiscalstandard.com - July 17 at 5:41 PM
News IconToday's Top Gainers in the Market McCormick & Company, Incorporated (NYSE:MKC) from Consumer Goods - The Daily Leicester (NYSE:MKC)
thedailyleicester.com - July 16 at 9:35 AM
News IconPrior Trading Session Wrap-Up: McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph (NYSE:MKC)
presstelegraph.com - July 15 at 10:38 AM
News IconMccormick & Company Non Vtg CS (NYSE:MKC) Shorts Decreased by 8.48% After Short Covering - Consumer Eagle (NYSE:MKC)
www.consumereagle.com - July 15 at 10:38 AM
fidaily.com logoMcCormick & Company, Incorporat (NYSE:MKC) Trading Down – Insiders and Institutional Investors Selling (NYSE:MKC)
www.fidaily.com - July 14 at 6:28 PM
News IconUpdate on McCormick & Company, Incorporated (NYSE:MKC) for the day - Twin County News (NYSE:MKC)
twincountynews.com - July 13 at 6:33 PM
News IconIs McCormick & Company, Incorporated(NYSE: MKC), a large market cap stock a smart buy? - The Daily Leicester (NYSE:MKC)
thedailyleicester.com - July 13 at 6:33 PM
streetreport.co logoMcCormick & Co Inc (NYSE:MKC) close to 52-week high, short interest decreasing - Street Report (NYSE:MKC)
www.streetreport.co - July 11 at 6:14 PM
News IconStock Performance Rundown on: McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph (NYSE:MKC)
presstelegraph.com - July 10 at 5:42 PM
News IconPerformance Recap and Target Perspective on McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph (NYSE:MKC)
presstelegraph.com - July 9 at 9:32 AM
News IconMcCormick & Company (MKC) Continues To Grow (NYSE:MKC)
www.economiccalendar.com - July 8 at 6:18 PM
News IconPrevious Trading Session Wrap-Up: McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph (NYSE:MKC)
presstelegraph.com - July 8 at 9:04 AM
News IconMcCormick & Company, Incorporated (NYSE:MKC) from Processed & Packaged Goods – Todays Top Gains - Twin County News (NYSE:MKC)
twincountynews.com - July 7 at 6:13 PM
finance.yahoo.com logoThese Are the Only Dividend Aristocrats I Would Consider Today (NYSE:MKC)
finance.yahoo.com - July 7 at 4:37 PM
News IconStock Strength Recap for McCormick & Company, Incorporated (NYSE:MKC) - Press Telegraph (NYSE:MKC)
presstelegraph.com - July 7 at 9:05 AM
News IconMcCormick & Company (MKC) Continues To Grow - Economic Calendar (NYSE:MKC)
www.economiccalendar.com - July 7 at 9:05 AM
finance.yahoo.com logoMCCORMICK & CO INC Financials (NYSE:MKC)
finance.yahoo.com - July 6 at 1:04 PM
seekingalpha.com logoHow Much Higher Can McCormick Go? (NYSE:MKC)
seekingalpha.com - July 6 at 10:49 AM
investopedia.com logoMcCormick Stock Trades Ex-Dividend Thursday (MKC) (NYSE:MKC)
www.investopedia.com - July 6 at 10:38 AM
seekingalpha.com logoMcCormick & Company: Spicy Valuation - Seeking Alpha (NYSE:MKC)
seekingalpha.com - July 5 at 10:45 AM
fool.com logo3 Dividend Aristocrats You Shouldn't Buy in July (NYSE:MKC)
www.fool.com - July 2 at 11:22 AM
benzinga.com logo'Add Spice And Let Simmer,' Deutsche Says Of McCormick (NYSE:MKC)
www.benzinga.com - July 1 at 6:11 PM

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McCormick & Co. (NYSE:MKC) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff