NYSE:SJM

J. M. Smucker (SJM) Stock Forecast, Price & News

$122.91

-1.70 (-1.36%)

(As of 09/29/2023 ET)

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Today's Range: $122.64
▼
$124.77
50-Day Range: $122.91
▼
$153.09
52-Week Range: $122.64
▼
$163.07

Volume: 1.38 million shs
Average Volume: 1.58 million shs
Market Capitalization: $12.55 billion

P/E Ratio: N/A
Dividend Yield: 3.45%
Price Target: $148.50

J. M. Smucker MarketRank™ Forecast

Analyst Rating: Reduce
1.92 Rating Score
Upside/Downside: 20.8% Upside
$148.50 Price Target
Short Interest: Bearish
5.09% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.60
Upright™ Environmental Score
News Sentiment: 0.61
Based on 17 Articles This Week
Insider Trading: Selling Shares
$1.43 M Sold Last Quarter
Proj. Earnings Growth: 5.97%
From $9.71 to $10.29 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Consumer Staples Sector

83rd out of 135 stocks

Canned Fruits & Specialties Industry

1st out of 2 stocks

3.0

Analyst's Opinion

Consensus Rating
J. M. Smucker has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 2 buy ratings, 8 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $148.50, J. M. Smucker has a forecasted upside of 20.8% from its current price of $122.91.
Amount of Analyst Coverage
J. M. Smucker has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
5.09% of the float of J. M. Smucker has been sold short.
Short Interest Ratio / Days to Cover
J. M. Smucker has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in J. M. Smucker has recently increased by 4.12%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Yield
J. M. Smucker pays a meaningful dividend of 3.40%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
J. M. Smucker has been increasing its dividend for 26 years.
Dividend Sustainability
Based on earnings estimates, J. M. Smucker will have a dividend payout ratio of 41.21% next year. This indicates that J. M. Smucker will be able to sustain or increase its dividend.

1.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
J. M. Smucker has received a -36.33% net impact score from Upright. The largest negative impact of J.M. Smucker in category "Physical diseases" seems to be driven mostly by its "Sugar-sweetened soft drinks", "Fructose syrup", "Glucose syrup", and "Sweet baked goods" products. See details.
Environmental Sustainability
The Environmental Impact score for J. M. Smucker is -2.60.

3.1

News and Social Media Coverage

News Sentiment
J. M. Smucker has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for J. M. Smucker this week, compared to 9 articles on an average week.
Search Interest
17 people have searched for SJM on MarketBeat in the last 30 days. This is an increase of 70% compared to the previous 30 days.
MarketBeat Follows
13 people have added J. M. Smucker to their MarketBeat watchlist in the last 30 days. This is an increase of 333% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, J. M. Smucker insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,427,040.00 in company stock.
Percentage Held by Insiders
Only 3.50% of the stock of J. M. Smucker is held by insiders.
Percentage Held by Institutions
79.08% of the stock of J. M. Smucker is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for J. M. Smucker are expected to grow by 5.97% in the coming year, from $9.71 to $10.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of J. M. Smucker is -723.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of J. M. Smucker is -723.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
J. M. Smucker has a PEG Ratio of 1.97. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
J. M. Smucker has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About J. M. Smucker (NYSE:SJM) Stock

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.

SJM Price History

30 days | 90 days | 365 days | Advanced Chart

SJM Stock News Headlines

September 23, 2023 | marketbeat.com

MarketBeat Week in Review – 9/18 - 9/22 (SJM)

Stocks ended the week with losses as investors absorbed the reality of higher for longer interest rates and the end of a quarter will bring more volatility

September 22, 2023 | marketbeat.com

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September 19, 2023 | marketbeat.com

Hostess Acquisition, 3.3% Dividend Make J.M. Smucker a Sweet Deal

In light of a market overreaction, patient value investors have a tasty opportunity in J.M. Smucker stock following the company's acquisition of Hostess.

September 11, 2023 | marketbeat.com

Hostess is being acquired by JM Smucker in a deal valued at $5.6B after coming back from the brink

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J

September 29, 2023 | msn.com

J.M. Smucker to divest Sahale Snacks brand for $34M

September 29, 2023 | markets.businessinsider.com

The J.M. Smucker Co. Issues 2023 Corporate Impact Report Detailing Progress on its Thriving Together Agenda

September 28, 2023 | markets.businessinsider.com

Consumer Behavior Shifts and Macroeconomic Impact on J.M. Smucker’s Pet Product Segment: An Analysis

September 30, 2023 | Chaikin Analytics (Ad)

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September 28, 2023 | msn.com

J. M. Smucker files automatic mixed shelf

September 28, 2023 | axios.com

J.M. Smucker agrees to sell Sahale for a loss

September 28, 2023 | markets.businessinsider.com

J.M. Smucker To Sell Sahale Snacks Brand To Second Nature Brands

September 28, 2023 | benzinga.com

J.M. Smucker Bids Farewell To Sahale Snacks: A $34M Deal To Usher In New Growth

September 28, 2023 | finance.yahoo.com

Why Is Smucker (SJM) Down 12.8% Since Last Earnings Report?

September 28, 2023 | msn.com

J.M. Smucker sells Sahale Snacks to Second Nature Brands

September 27, 2023 | marketwatch.com

J.M. Smucker to Sell Sahale Snacks to Second Nature Brands

September 27, 2023 | finance.yahoo.com

The J.M. Smucker Co. Announces Agreement to Divest Sahale Snacks® Brand to Sharpen Focus and Support Continued Growth in Consumer Foods Business

September 26, 2023 | finance.yahoo.com

Unveiling JM Smucker Co (SJM)'s Value: Is It Really Priced Right? A Comprehensive Guide

September 21, 2023 | finance.yahoo.com

The J.M. Smucker's (SJM) Solid Pricing Aids Amid Cost Woes

September 20, 2023 | americanbankingnews.com

J. M. Smucker (NYSE:SJM) Price Target Lowered to $150.00 at Argus

September 18, 2023 | bizjournals.com

J.M. Smucker CEO to visit with employees at Hostess headquarters

September 16, 2023 | finance.yahoo.com

Why the Twinkie Is Now Worth Billions

September 14, 2023 | finance.yahoo.com

Why Hostess Brands Stock Jumped This Week

September 14, 2023 | au.investing.com

J. M. Smucker cut at BofA in reaction to Hostess Brands acquisition

September 14, 2023 | msn.com

B of A Securities Downgrades J.M. Smucker (SJM)

September 14, 2023 | markets.businessinsider.com

JM Smucker (SJM) was downgraded to a Hold Rating at Bank of America Securities

September 13, 2023 | msn.com

TD Cowen Initiates Coverage of J.M. Smucker (SJM) with Outperform Recommendation

See More Headlines

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SJM Company Calendar

Ex-Dividend for 9/1 Dividend: 8/17/2023
Last Earnings: 8/29/2023
Dividend Payable: 9/01/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/20/2023
Fiscal Year End: 4/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Canned fruits & specialties
Sub-Industry: Packaged Foods & Meats
Sector: Consumer Staples
Current Symbol: NYSE:SJM
CUSIP: 83269640
CIK: 91419
Web: www.jmsmucker.com
Phone: (330) 682-3000
Fax: 330-684-6410
Employees: 5,800
Year Founded: 1897

Price Target and Rating

Average Stock Price Forecast: $148.50
High Stock Price Forecast: $165.00
Low Stock Price Forecast: $130.00
Forecasted Upside/Downside: +20.8%
Consensus Rating: Reduce
Rating Score (0-4): 1.92
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.17)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 12.66
P/E Growth: 1.97
Net Income: $-91,300,000.00
Net Margins: -0.21%
Pretax Margin: 1.04%
Return on Equity: 12.96%
Return on Assets: 6.46%

Debt

Debt-to-Equity Ratio: 0.62
Current Ratio: 1.28
Quick Ratio: 0.72

Sales & Book Value

Annual Sales: $8.53 billion
Price / Sales: 1.47
Cash Flow: $12.78 per share
Price / Cash Flow: 9.62
Book Value: $68.57 per share
Price / Book: 1.79

Miscellaneous

Outstanding Shares: 102,130,000
Free Float: 98,556,000
Market Cap: $12.55 billion
Optionable: Optionable
Beta: 0.23

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Key Executives

Mr. Mark T. Smucker (Age 53)
CEO, Pres & Chairman
Comp: $3.92M

Mr. Tucker H. Marshall (Age 47)
Chief Financial Officer
Comp: $1.56M

Mr. John P. Brase (Age 55)
Chief Operating Officer
Comp: $2.05M

Ms. Jeannette L. Knudsen (Age 53)
Chief Legal Officer & Sec.
Comp: $1.43M

Ms. Jill R. Penrose (Age 50)
Chief People & Company Services Officer
Comp: $1.29M

Mr. Bryan Hutson
Sr. VP of Information Services

Mr. Aaron Broholm
VP of Investor Relations

Abbey Linville
VP of Corp. Communications

Mr. Robert Crane
Sr. VP & Head of Sales and Sales Commercialization

Ms. Gail Hollander
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SJM Stock - Frequently Asked Questions

Should I buy or sell J. M. Smucker stock right now?: 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for J. M. Smucker in the last year. There are currently 3 sell ratings, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SJM shares.
View SJM analyst ratings or view top-rated stocks.
What is J. M. Smucker's stock price forecast for 2023?: 13 Wall Street analysts have issued twelve-month price objectives for J. M. Smucker's shares. Their SJM share price forecasts range from $130.00 to $165.00. On average, they anticipate the company's share price to reach $148.50 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price.
View analysts price targets for SJM or view top-rated stocks among Wall Street analysts.
How have SJM shares performed in 2023?: J. M. Smucker's stock was trading at $158.46 at the beginning of 2023. Since then, SJM shares have decreased by 22.4% and is now trading at $122.91.
View the best growth stocks for 2023 here.
When is J. M. Smucker's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 20th 2023.
View our SJM earnings forecast.
How were J. M. Smucker's earnings last quarter?: The J. M. Smucker Company (NYSE:SJM) announced its earnings results on Tuesday, August, 29th. The company reported $2.21 earnings per share for the quarter, beating analysts' consensus estimates of $2.02 by $0.19. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.84 billion. J. M. Smucker had a positive trailing twelve-month return on equity of 12.96% and a negative net margin of 0.21%. The business's revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.67 earnings per share.
Read the conference call transcript.
How often does J. M. Smucker pay dividends? What is the dividend yield for J. M. Smucker?: J. M. Smucker declared a quarterly dividend on Friday, July 14th. Shareholders of record on Friday, August 18th will be given a dividend of $1.06 per share on Friday, September 1st. This represents a $4.24 annualized dividend and a dividend yield of 3.45%. The ex-dividend date is Thursday, August 17th. This is a boost from the stock's previous quarterly dividend of $1.02.
Read our dividend analysis for SJM.
What ETFs hold J. M. Smucker's stock?: ETFs with the largest weight of J. M. Smucker (NYSE:SJM) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Invesco Food & Beverage ETF (PBJ), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), ASYMmetric Smart S&P 500ETF (ASPY), SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV) and Strategas Macro Thematic Opportunities ETF (SAMT).
Is J. M. Smucker a good dividend stock?: J. M. Smucker (NYSE:SJM) pays an annual dividend of $4.24 per share and currently has a dividend yield of 3.40%.
Read our dividend analysis for SJM.
How will J. M. Smucker's stock buyback program work?: J. M. Smucker announced that its board has approved a stock buyback plan on Friday, October 22nd 2021, which allows the company to repurchase 5,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.

What guidance has J. M. Smucker issued on next quarter's earnings?: J. M. Smucker issued an update on its FY 2024 earnings guidance on Tuesday, August, 29th. The company provided EPS guidance of $9.45-$9.85 for the period, compared to the consensus estimate of $9.39. The company issued revenue guidance of $9.25 billion-$9.34 billion, compared to the consensus revenue estimate of $7.67 billion.
What is Mark T. Smucker's approval rating as J. M. Smucker's CEO?: 161 employees have rated J. M. Smucker Chief Executive Officer Mark T. Smucker on Glassdoor.com. Mark T. Smucker has an approval rating of 79% among the company's employees.
What other stocks do shareholders of J. M. Smucker own?: Based on aggregate information from My MarketBeat watchlists, some companies that other J. M. Smucker investors own include Johnson & Johnson (JNJ), Verizon Communications (VZ), AT&T (T), Procter & Gamble (PG), Cisco Systems (CSCO), NVIDIA (NVDA), Home Depot (HD), PepsiCo (PEP), Pfizer (PFE) and Target (TGT).
What is J. M. Smucker's stock symbol?: J. M. Smucker trades on the New York Stock Exchange (NYSE) under the ticker symbol "SJM."
How do I buy shares of J. M. Smucker?: Shares of SJM stock 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 J. M. Smucker's stock price today?: One share of SJM stock can currently be purchased for approximately $122.91.
How much money does J. M. Smucker make?: J. M. Smucker (NYSE:SJM) has a market capitalization of $12.55 billion and generates $8.53 billion in revenue each year. The company earns $-91,300,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.
How many employees does J. M. Smucker have?: The company employs 5,800 workers across the globe.
Does J. M. Smucker have any subsidiaries?: The following companies are subsidiares of J. M. Smucker: Ainsworth Pet Nutrition, Ainsworth Pet Nutrition Holdings LLC, Ainsworth Pet Nutrition LLC, Ainsworth Pet Nutrition Parent LLC, Big Heart Pet Brands, Big Heart Pet Brands Inc., Big Heart Pet Inc., CAFÉ Holding LLC, CP APN Inc., Conagra Brands - Wesson Oil Brand, DPC Pet Specialties LLC, Enray, Folgers Café Servicos de Pesquisas Ltda., J.M. Smucker Holdings LLC, J.M. Smucker LLC, JMS Foodservice LLC, Knudsen & Sons Inc., Meow Mix Decatur Production I LLC, Milo’s Kitchen LLC, NU Pet Company, Nature’s Recipe LLC, Rowland Coffee Roasters Inc., Sahale Snacks Inc., Santa Cruz Natural Incorporated, Simply Smucker’s Inc., Smucker Coffee Silo Operations LLC, Smucker Direct Inc., Smucker Foods Inc., Smucker Foods of Canada Corp., Smucker Foodservice Inc., Smucker Foodservice Operations Inc., Smucker Fruit Processing Co., Smucker Holdings Inc., Smucker International Holding Company, Smucker International Inc., Smucker Manufacturing Inc., Smucker Mexico LLC, Smucker Natural Foods Inc., Smucker Retail Foods Inc., Smucker Sales and Distribution Company, Smucker Services Company, TTT APN LLC, The Dickinson Family Inc., The Folger Coffee Company, The Folgers Coffee Company, and truRoots Inc..
Read More
How can I contact J. M. Smucker?: J. M. Smucker's mailing address is ONE STRAWBERRY LANE, ORRVILLE OH, 44667. The official website for the company is www.jmsmucker.com. The company can be reached via phone at (330) 682-3000, via email at aaron.broholm@jmsmucker.com, or via fax at 330-684-6410.

This page (NYSE:SJM) was last updated on 9/30/2023 by MarketBeat.com Staff

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