Log in

MCCORMICK & CO /SH Stock Price, News & Analysis (NYSE:MKC)

$162.38
+0.79 (+0.49 %)
(As of 10/22/2019 02:29 AM ET)
Today's Range
$161.17
Now: $162.38
$162.88
50-Day Range
$155.23
MA: $162.20
$168.96
52-Week Range
$119.00
Now: $162.38
$171.10
Volume534,853 shs
Average Volume1.00 million shs
Market Capitalization$21.58 billion
P/E Ratio32.67
Dividend Yield1.41%
Beta0.14
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, Club House, Gourmet Garden, 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. Read More…

Industry, Sector and Symbol

Industry Miscellaneous food preparations & kindred products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
CUSIP57978020
Phone410-771-7301

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.41 billion
Cash Flow$6.16 per share
Book Value$26.19 per share

Profitability

Net Income$933.40 million

Miscellaneous

Employees14,400
Market Cap$21.58 billion
Next Earnings Date1/23/2020 (Estimated)
OptionableOptionable

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.


MCCORMICK & CO /SH (NYSE:MKC) Frequently Asked Questions

What is MCCORMICK & CO /SH's stock symbol?

MCCORMICK & CO /SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "MKC."

How often does MCCORMICK & CO /SH pay dividends? What is the dividend yield for MCCORMICK & CO /SH?

MCCORMICK & CO /SH declared a quarterly dividend on Tuesday, September 24th. Shareholders of record on Monday, October 7th will be given a dividend of $0.57 per share on Monday, October 21st. This represents a $2.28 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Friday, October 4th. View MCCORMICK & CO /SH's Dividend History.

How were MCCORMICK & CO /SH's earnings last quarter?

MCCORMICK & CO /SH NV (NYSE:MKC) posted its earnings results on Tuesday, October, 1st. The company reported $1.46 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.29 by $0.17. The business had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.34 billion. MCCORMICK & CO /SH had a return on equity of 21.63% and a net margin of 13.12%. MCCORMICK & CO /SH's quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.28 EPS. View MCCORMICK & CO /SH's Earnings History.

When is MCCORMICK & CO /SH's next earnings date?

MCCORMICK & CO /SH is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for MCCORMICK & CO /SH.

What guidance has MCCORMICK & CO /SH issued on next quarter's earnings?

MCCORMICK & CO /SH updated its FY19 earnings guidance on Tuesday, October, 1st. The company provided EPS guidance of $5.30-5.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.27.

What price target have analysts set for MKC?

7 analysts have issued 1-year target prices for MCCORMICK & CO /SH's shares. Their predictions range from $142.00 to $166.00. On average, they expect MCCORMICK & CO /SH's stock price to reach $153.83 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for MCCORMICK & CO /SH.

What is the consensus analysts' recommendation for MCCORMICK & CO /SH?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MCCORMICK & CO /SH in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MCCORMICK & CO /SH.

What are Wall Street analysts saying about MCCORMICK & CO /SH stock?

Here are some recent quotes from research analysts about MCCORMICK & CO /SH stock:
  • 1. According to Zacks Investment Research, "McCormick has outperformed the industry in the past three months, largely driven by its robust-savings initiatives and sales-driving efforts. These factors fueled first-quarter fiscal 2019 results, wherein earnings improved year on year and surpassed the Zacks Consensus Estimate. Also, the top line remained sturdy, gaining from a strong base business as well as new product developments. New launches under the Frank's and French's banners have been yielding results. Notably, the company is on track with new product developments across different categories for fiscal 2019. Also, it is progressing well with augmenting digital marketing efforts. On the flip side, we note that adverse currency fluctuations were a drag on the top and the bottom line during the first quarter. Management expects such headwinds to persist in fiscal 2019." (5/30/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "Results are not directly comparable to our estimates given the adoption of new accounting standards, however, organic sales growth was better than expected, gross margins were flat y/y and EBIT was generally in line. Expectations were high and although 1Q was solid, quality was not high enough, in our view." (3/26/2019)

Has MCCORMICK & CO /SH been receiving favorable news coverage?

Press coverage about MKC stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MCCORMICK & CO /SH earned a news sentiment score of -1.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for MCCORMICK & CO /SH.

Who are some of MCCORMICK & CO /SH's key competitors?

What other stocks do shareholders of MCCORMICK & CO /SH own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MCCORMICK & CO /SH investors own include Starbucks (SBUX), Johnson & Johnson (JNJ), Mcdonald's (MCD), PepsiCo (PEP), AT&T (T), Walt Disney (DIS), 3M (MMM), Home Depot (HD), Mastercard (MA) and Walmart (WMT).

Who are MCCORMICK & CO /SH's key executives?

MCCORMICK & CO /SH's management team includes the folowing people:
  • Mr. Lawrence E. Kurzius, Chairman, Pres & CEO (Age 61)
  • Mr. Michael R. Smith, Exec. VP & CFO (Age 54)
  • Mr. Jeffery D. Schwartz, VP, Gen. Counsel & Corp. Sec. (Age 49)
  • Mr. Malcolm S. Swift, Pres of Global Flavor Solutions & McCormick International (Age 59)
  • Mr. Brendan F. Foley, Pres of Global Consumer & Americas (Age 53)

Who are MCCORMICK & CO /SH's major shareholders?

MCCORMICK & CO /SH's stock is owned by a number of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.42%), Envestnet Asset Management Inc. (0.12%), Boston Trust Walden Corp (0.11%), Gofen & Glossberg LLC IL (0.11%), Stock Yards Bank & Trust Co. (0.09%) and Commerzbank Aktiengesellschaft FI (0.08%). Company insiders that own MCCORMICK & CO /SH stock include Alan D Wilson, Christina M Mcmullen, Jacques Tapiero, Lawrence Erik Kurzius, 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 & CO /SH.

Which major investors are selling MCCORMICK & CO /SH stock?

MKC stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., North Star Investment Management Corp., Spearhead Capital Advisors LLC, Harvey Investment Co. LLC, Boston Trust Walden Corp, NEXT Financial Group Inc, Baltimore Washington Financial Advisors Inc. and Birch Hill Investment Advisors LLC. Company insiders that have sold MCCORMICK & CO /SH company stock in the last year include Alan D Wilson, Christina M Mcmullen, Jacques Tapiero, Lawrence Erik Kurzius, Lisa Manzone, Malcolm Swift, Margaret M V Preston, Michael Aaron Conway, Michael D Mangan, Michael R Smith, Nneka Louise Rimmer and Patricia A Little. View Insider Buying and Selling for MCCORMICK & CO /SH.

Which major investors are buying MCCORMICK & CO /SH stock?

MKC stock was bought by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Rockland Trust Co., State of Alaska Department of Revenue, Envestnet Asset Management Inc., Enlightenment Research LLC, Northstar Investment Advisors LLC, Wealthfront Advisers LLC and Pacer Advisors Inc.. View Insider Buying and Selling for MCCORMICK & CO /SH.

How do I buy shares of MCCORMICK & CO /SH?

Shares of MKC 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, Robinhood, Fidelity and Charles Schwab.

What is MCCORMICK & CO /SH's stock price today?

One share of MKC stock can currently be purchased for approximately $162.38.

How big of a company is MCCORMICK & CO /SH?

MCCORMICK & CO /SH has a market capitalization of $21.58 billion and generates $5.41 billion in revenue each year. The company earns $933.40 million in net income (profit) each year or $4.97 on an earnings per share basis. MCCORMICK & CO /SH employs 14,400 workers across the globe.View Additional Information About MCCORMICK & CO /SH.

What is MCCORMICK & CO /SH's official website?

The official website for MCCORMICK & CO /SH is http://www.mccormickcorporation.com/.

How can I contact MCCORMICK & CO /SH?

MCCORMICK & CO /SH'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]


MarketBeat Community Rating for MCCORMICK & CO /SH (NYSE MKC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  396 (Vote Outperform)
Underperform Votes:  489 (Vote Underperform)
Total Votes:  885
MarketBeat's community ratings are surveys of what our community members think about MCCORMICK & CO /SH and other stocks. Vote "Outperform" if you believe MKC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MKC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/22/2019 by MarketBeat.com Staff

Featured Article: What causes a recession?

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.

Yahoo Gemini Pixel