S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
pixel
Log in
NYSE:MKC

McCormick & Company, Incorporated Stock Forecast, Price & News

$93.43
+1.81 (+1.98 %)
(As of 01/15/2021 12:00 AM ET)
Add
Compare
Today's Range
$91.48
Now: $93.43
$93.96
50-Day Range
$91.42
MA: $95.51
$186.98
52-Week Range
$56.11
Now: $93.43
$105.54
Volume1.89 million shs
Average Volume1.17 million shs
Market Capitalization$24.93 billion
P/E Ratio33.01
Dividend Yield1.46%
Beta0.44
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brand names in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors or wholesalers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
McCormick & Company, Incorporated logo

MarketRank

Overall MarketRank

1.40 out of 5 stars

Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Miscellaneous food preparations & kindred products
Sub-IndustryPackaged Foods & Meats
CUSIP57978020
Phone410-771-7301
Employees15,100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.35 billion
Cash Flow$3.30 per share
Book Value$13.01 per share

Profitability

Net Income$702.70 million

Miscellaneous

Market Cap$24.93 billion
Next Earnings Date1/28/2021 (Confirmed)
OptionableOptionable
$93.43
+1.81 (+1.98 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MKC News and Ratings via Email

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

speech bubbles
speech bubbles











McCormick & Company, Incorporated (NYSE:MKC) Frequently Asked Questions

How has McCormick & Company, Incorporated's stock been impacted by Coronavirus (COVID-19)?

McCormick & Company, Incorporated's stock was trading at $73.3050 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MKC shares have increased by 27.5% and is now trading at $93.43.
View which stocks have been most impacted by COVID-19
.

Is McCormick & Company, Incorporated a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McCormick & Company, Incorporated in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" McCormick & Company, Incorporated stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKC, but not buy additional shares or sell existing shares.
View analyst ratings for McCormick & Company, Incorporated
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than McCormick & Company, Incorporated?

Wall Street analysts have given McCormick & Company, Incorporated a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but McCormick & Company, Incorporated wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is McCormick & Company, Incorporated's next earnings date?

McCormick & Company, Incorporated is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for McCormick & Company, Incorporated
.

How can I listen to McCormick & Company, Incorporated's earnings call?

McCormick & Company, Incorporated will be holding an earnings conference call on Thursday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were McCormick & Company, Incorporated's earnings last quarter?

McCormick & Company, Incorporated (NYSE:MKC) issued its quarterly earnings data on Monday, October, 5th. The company reported $0.77 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.76 by $0.01. The firm had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.39 billion. McCormick & Company, Incorporated had a return on equity of 20.93% and a net margin of 13.75%. The business's revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 EPS.
View McCormick & Company, Incorporated's earnings history
.

How often does McCormick & Company, Incorporated pay dividends? What is the dividend yield for McCormick & Company, Incorporated?

McCormick & Company, Incorporated announced a quarterly dividend on Friday, November 20th. Stockholders of record on Thursday, December 31st will be given a dividend of $0.68 per share on Monday, January 11th. This represents a $2.72 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend is Wednesday, December 30th. This is a boost from McCormick & Company, Incorporated's previous quarterly dividend of $0.62.
View McCormick & Company, Incorporated's dividend history
.

Is McCormick & Company, Incorporated a good dividend stock?

McCormick & Company, Incorporated pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.46%. The dividend payout ratio of McCormick & Company, Incorporated is 50.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, McCormick & Company, Incorporated will have a dividend payout ratio of 46.42% next year. This indicates that McCormick & Company, Incorporated will be able to sustain or increase its dividend.
View McCormick & Company, Incorporated's dividend history.

When did McCormick & Company, Incorporated's stock split? How did McCormick & Company, Incorporated's stock split work?

Shares of McCormick & Company, Incorporated split before market open on Tuesday, December 1st 2020. The 2-1 split was announced on Tuesday, September 29th 2020. The newly created shares were payable to shareholders after the market closes on Monday, November 30th 2020. An investor that had 100 shares of McCormick & Company, Incorporated stock prior to the split would have 200 shares after the split.

What price target have analysts set for MKC?

9 brokerages have issued 12-month price objectives for McCormick & Company, Incorporated's stock. Their forecasts range from $65.00 to $107.50. On average, they anticipate McCormick & Company, Incorporated's share price to reach $81.56 in the next twelve months. This suggests that the stock has a possible downside of 12.7%.
View analysts' price targets for McCormick & Company, Incorporated
or view Wall Street analyst' top-rated stocks.

Are investors shorting McCormick & Company, Incorporated?

McCormick & Company, Incorporated saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 4,600,000 shares, an increase of 99.1% from the December 15th total of 2,310,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is currently 4.3 days.
View McCormick & Company, Incorporated's Short Interest
.

Who are some of McCormick & Company, Incorporated's key competitors?

What other stocks do shareholders of McCormick & Company, Incorporated own?

Based on aggregate information from My MarketBeat watchlists, some companies that other McCormick & Company, Incorporated investors own include NVIDIA (NVDA), Johnson & Johnson (JNJ), The Walt Disney (DIS), AbbVie (ABBV), The Home Depot (HD), Verizon Communications (VZ), Walmart (WMT), AT&T (T), Mastercard (MA) and Starbucks (SBUX).

Who are McCormick & Company, Incorporated's key executives?

McCormick & Company, Incorporated's management team includes the following people:
  • Mr. Lawrence E. Kurzius, Chairman, Pres & CEO (Age 62, Pay $6.17M)
  • Mr. Michael R. Smith, Exec. VP & CFO (Age 55, Pay $1.96M)
  • Mr. Malcolm S. Swift, Chief Admin. Officer & Pres of Global Flavor Solutions for EMEA (Age 60, Pay $1.82M)
  • Mr. Jeffery D. Schwartz, VP, Gen. Counsel & Corp. Sec. (Age 50, Pay $1.46M)
  • Mr. Brendan F. Foley, Pres of Global Consumer, Americas & Asia (Age 54, Pay $2.3M)
  • Ms. Christina M. McMullen, VP, Controller & Chief Accounting Officer (Age 64)
  • Kasey A. Jenkins, VP of Investor Relations
  • Ms. Lori Amos Robinson, VP of Corp. Communications, Corp. Branding and Culinary Marketing
  • Ms. Lisa B. Manzone, Sr. VP of Human Relations (Age 55)
  • Ms. Nneka Louise Rimmer, Pres of Global Flavors & Extracts (Age 48)

What is McCormick & Company, Incorporated's stock symbol?

McCormick & Company, Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "MKC."

Who are McCormick & Company, Incorporated's major shareholders?

McCormick & Company, Incorporated's stock is owned by a number of institutional and retail investors. Top institutional investors include Gofen & Glossberg LLC IL (0.10%), Huntington National Bank (0.08%), Bath Savings Trust Co (0.07%), Boston Trust Walden Corp (0.07%), Rockland Trust Co. (0.05%) and Baldwin Brothers Inc. MA (0.03%). Company insiders that own McCormick & Company, Incorporated stock include Alan D Wilson, Christina M Mcmullen, Jacques Tapiero, Lisa Manzone, Malcolm Swift, Margaret M V Preston, Maritza Gomez Montiel, Michael Aaron Conway, Michael D Mangan, Michael R Smith, Nneka Louise Rimmer and Patricia A Little.
View institutional ownership trends for McCormick & Company, Incorporated
.

Which major investors are selling McCormick & Company, Incorporated stock?

MKC stock was sold by a variety of institutional investors in the last quarter, including First Hawaiian Bank. Company insiders that have sold McCormick & Company, Incorporated company stock in the last year include Christina M Mcmullen, Jacques Tapiero, Malcolm Swift, Margaret M V Preston, Maritza Gomez Montiel, Michael D Mangan, Michael R Smith, and Patricia A Little.
View insider buying and selling activity for McCormick & Company, Incorporated
or view top insider-selling stocks.

Which major investors are buying McCormick & Company, Incorporated stock?

MKC stock was bought by a variety of institutional investors in the last quarter, including Gofen & Glossberg LLC IL, Bath Savings Trust Co, Huntington National Bank, Boston Trust Walden Corp, Rockland Trust Co., Baldwin Brothers Inc. MA, Jacobs & Co. CA, and Bright Rock Capital Management LLC.
View insider buying and selling activity for McCormick & Company, Incorporated
or or view top insider-buying stocks.

How do I buy shares of McCormick & Company, Incorporated?

Shares of MKC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is McCormick & Company, Incorporated's stock price today?

One share of MKC stock can currently be purchased for approximately $93.43.

How big of a company is McCormick & Company, Incorporated?

McCormick & Company, Incorporated has a market capitalization of $24.93 billion and generates $5.35 billion in revenue each year. The company earns $702.70 million in net income (profit) each year or $2.67 on an earnings per share basis. McCormick & Company, Incorporated employs 15,100 workers across the globe.

What is McCormick & Company, Incorporated's official website?

The official website for McCormick & Company, Incorporated is www.mccormickcorporation.com.

How can I contact McCormick & Company, Incorporated?

McCormick & Company, Incorporated's mailing address is 24 Schilling Road Suite 1, Hunt Valley MD, 21031. The company can be reached via phone at 410-771-7301 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.