QQQ   312.48 (-0.11%)
AAPL   121.69 (+0.58%)
MSFT   230.71 (+0.75%)
FB   257.34 (+1.04%)
GOOGL   2,013.50 (-0.12%)
AMZN   3,051.47 (-0.19%)
TSLA   665.55 (-2.44%)
NVDA   540.93 (+1.62%)
BABA   238.18 (-0.83%)
CGC   32.43 (-2.35%)
GE   12.47 (-2.27%)
MU   88.61 (+0.56%)
NIO   45.16 (-3.52%)
AMD   83.05 (+0.76%)
T   28.51 (-0.42%)
F   11.63 (-1.11%)
ACB   10.68 (-1.29%)
DIS   186.50 (-2.35%)
BA   212.97 (-1.61%)
NFLX   539.81 (-1.26%)
BAC   34.88 (-2.92%)
QQQ   312.48 (-0.11%)
AAPL   121.69 (+0.58%)
MSFT   230.71 (+0.75%)
FB   257.34 (+1.04%)
GOOGL   2,013.50 (-0.12%)
AMZN   3,051.47 (-0.19%)
TSLA   665.55 (-2.44%)
NVDA   540.93 (+1.62%)
BABA   238.18 (-0.83%)
CGC   32.43 (-2.35%)
GE   12.47 (-2.27%)
MU   88.61 (+0.56%)
NIO   45.16 (-3.52%)
AMD   83.05 (+0.76%)
T   28.51 (-0.42%)
F   11.63 (-1.11%)
ACB   10.68 (-1.29%)
DIS   186.50 (-2.35%)
BA   212.97 (-1.61%)
NFLX   539.81 (-1.26%)
BAC   34.88 (-2.92%)
QQQ   312.48 (-0.11%)
AAPL   121.69 (+0.58%)
MSFT   230.71 (+0.75%)
FB   257.34 (+1.04%)
GOOGL   2,013.50 (-0.12%)
AMZN   3,051.47 (-0.19%)
TSLA   665.55 (-2.44%)
NVDA   540.93 (+1.62%)
BABA   238.18 (-0.83%)
CGC   32.43 (-2.35%)
GE   12.47 (-2.27%)
MU   88.61 (+0.56%)
NIO   45.16 (-3.52%)
AMD   83.05 (+0.76%)
T   28.51 (-0.42%)
F   11.63 (-1.11%)
ACB   10.68 (-1.29%)
DIS   186.50 (-2.35%)
BA   212.97 (-1.61%)
NFLX   539.81 (-1.26%)
BAC   34.88 (-2.92%)
QQQ   312.48 (-0.11%)
AAPL   121.69 (+0.58%)
MSFT   230.71 (+0.75%)
FB   257.34 (+1.04%)
GOOGL   2,013.50 (-0.12%)
AMZN   3,051.47 (-0.19%)
TSLA   665.55 (-2.44%)
NVDA   540.93 (+1.62%)
BABA   238.18 (-0.83%)
CGC   32.43 (-2.35%)
GE   12.47 (-2.27%)
MU   88.61 (+0.56%)
NIO   45.16 (-3.52%)
AMD   83.05 (+0.76%)
T   28.51 (-0.42%)
F   11.63 (-1.11%)
ACB   10.68 (-1.29%)
DIS   186.50 (-2.35%)
BA   212.97 (-1.61%)
NFLX   539.81 (-1.26%)
BAC   34.88 (-2.92%)
Log in
NYSE:MKC

McCormick & Company, Incorporated Stock Forecast, Price & News

$84.63
+0.22 (+0.26 %)
(As of 02/26/2021 10:19 AM ET)
Add
Compare
Today's Range
$83.92
Now: $84.63
$84.78
50-Day Range
$83.96
MA: $90.56
$96.09
52-Week Range
$56.11
Now: $84.63
$105.54
Volume4,210 shs
Average Volume1.38 million shs
Market Capitalization$22.59 billion
P/E Ratio29.90
Dividend Yield1.60%
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

Headlines

McCormick & Co Inc (MKC) Q4 2020 Earnings Call Transcript
January 28, 2021 |  finance.yahoo.com
McCormick (MKC) to Report Q4 Earnings: What's in Store?
January 25, 2021 |  finance.yahoo.com
10 Best Agriculture Technology Stocks To Buy Now
January 22, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Miscellaneous food preparations & kindred products
Sub-IndustryPackaged Foods & Meats
CUSIP57978020
Phone410-771-7301
Employees13,000
Year Founded1889

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.35 billion
Cash Flow$2.99 per share
Book Value$13.01 per share

Profitability

Net Income$702.70 million

Miscellaneous

Market Cap$22.59 billion
Next Earnings Date3/30/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.69 out of 5 stars

Consumer Staples Sector

59th out of 299 stocks

Miscellaneous Food Preparations & Kindred Products Industry

2nd out of 9 stocks

Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
$84.63
+0.22 (+0.26 %)
(As of 02/26/2021 10:19 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

Is McCormick & Company, Incorporated a buy right now?

9 Wall Street research 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 research 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 top-rated stocks.

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 Tuesday, March 30th 2021.
View our earnings forecast for McCormick & Company, Incorporated
.

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

McCormick & Company, Incorporated (NYSE:MKC) issued its quarterly earnings results on Wednesday, January, 27th. The company reported $0.79 EPS for the quarter, missing the Zacks' consensus estimate of $0.81 by $0.02. The firm earned $1.56 billion during the quarter, compared to the consensus estimate of $1.56 billion. McCormick & Company, Incorporated had a trailing twelve-month return on equity of 20.93% and a net margin of 13.75%. The business's revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.61 EPS.
View McCormick & Company, Incorporated's earnings history
.

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

McCormick & Company, Incorporated's stock was trading at $73.3050 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MKC stock has increased by 15.4% and is now trading at $84.63.
View which stocks have been most impacted by COVID-19
.

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 paid a dividend of $0.68 per share on Monday, January 11th. This represents a $2.72 annualized dividend and a yield of 3.21%. The ex-dividend date is Wednesday, December 30th. This is a positive change 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 1.60%. 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 issued to shareholders after the closing bell 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 guidance has McCormick & Company, Incorporated issued on next quarter's earnings?

McCormick & Company, Incorporated updated its FY21 earnings guidance on Thursday, January, 28th. The company provided earnings per share (EPS) guidance of $2.91-2.96 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.96. The company issued revenue guidance of +7-9% yr/yr to ~$5.99-6.11 billion, compared to the consensus revenue estimate of $5.91 billion.

What price target have analysts set for MKC?

9 equities research analysts have issued 12-month target prices for McCormick & Company, Incorporated's stock. Their forecasts range from $65.00 to $107.50. On average, they expect 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 3.6%.
View analysts' price targets for McCormick & Company, Incorporated
or view top-rated stocks among Wall Street analysts.

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 63, Pay $7.89M)
  • Mr. Michael R. Smith, Exec. VP & CFO (Age 56, Pay $2.64M)
  • Mr. Malcolm S. Swift, Chief Admin. Officer & Pres of Global Flavor Solutions for EMEA (Age 61, Pay $2.26M)
  • Mr. Jeffery D. Schwartz, VP, Gen. Counsel & Corp. Sec. (Age 51, Pay $1.79M)
  • Mr. Brendan F. Foley, Pres of Global Consumer, Americas & Asia (Age 55, Pay $3.04M)
  • Ms. Christina M. McMullen, VP, Controller & Chief Accounting Officer (Age 65)
  • 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 56)
  • Ms. Nneka Louise Rimmer, Pres of Global Flavors & Extracts (Age 49)

What is Lawrence Kurzius' approval rating as McCormick & Company, Incorporated's CEO?

102 employees have rated McCormick & Company, Incorporated CEO Lawrence Kurzius on Glassdoor.com. Lawrence Kurzius has an approval rating of 83% among McCormick & Company, Incorporated's employees.

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).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (7.81%), Fundsmith LLP (6.04%), Northern Trust Corp (1.08%), Bank of New York Mellon Corp (0.79%), California Public Employees Retirement System (0.75%) and Price T Rowe Associates Inc. MD (0.68%). 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 Barometer Capital Management Inc., Tufton Capital Management, Fenimore Asset Management Inc., Dai Ichi Life Insurance Company Ltd, Sumitomo Mitsui DS Asset Management Company Ltd, Twin Capital Management Inc., Strs Ohio, and 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 BlackRock Inc., Fundsmith LLP, Northern Trust Corp, Bank of New York Mellon Corp, California Public Employees Retirement System, Nordea Investment Management AB, Price T Rowe Associates Inc. MD, and Swiss National Bank.
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.
Compare Top Brokerages Here.

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

One share of MKC stock can currently be purchased for approximately $84.63.

How much money does McCormick & Company, Incorporated make?

McCormick & Company, Incorporated has a market capitalization of $22.59 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.

How many employees does McCormick & Company, Incorporated have?

McCormick & Company, Incorporated employs 13,000 workers across the globe.

When was McCormick & Company, Incorporated founded?

McCormick & Company, Incorporated was founded in 1889.

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

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

Where are McCormick & Company, Incorporated's headquarters?

McCormick & Company, Incorporated is headquartered at 24 Schilling Road Suite 1, Hunt Valley MD, 21031.

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 2/26/2021 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.