About J.M. Smucker Company (The) (NYSE:SJM)
The J. M. Smucker Company is a manufacturer and marketer of branded food and beverage products and pet food and pet snacks in North America. The Company's segments include U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Foodservice. The Company's U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America. In the U.S. retail market segments, the Company's products are sold to food retailers, food wholesalers, drug stores, club stores, mass merchandisers, discount and dollar stores, military commissaries, natural foods stores and distributors, and pet specialty stores. In International and Foodservice, the Company's products are distributed domestically and in foreign countries through retail channels and foodservice distributors and operators, such as restaurants, lodging, schools and universities, healthcare operators.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Fruit & Vegetable Processing
- Sub-Industry: Packaged Foods & Meats
- Symbol: NYSE:SJM
- CUSIP: 83269640
- Web: www.jmsmucker.com
- Market Cap: $11.84 billion
- Outstanding Shares: 113,584,000
- 50 Day Moving Avg: $105.88
- 200 Day Moving Avg: $118.54
- 52 Week Range: $102.73 - $143.68
Sales & Book Value:
- Trailing P/E Ratio: 21.89
- Foreward P/E Ratio: 12.87
- P/E Growth: 1.84
- Annual Revenue: $7.33 billion
- Price / Sales: 1.61
- Book Value: $61.02 per share
- Price / Book: 1.71
- Annual Dividend: $3.12
- Dividend Yield: 3.0%
- EBITDA: $1.61 billion
- Net Margins: 7.50%
- Return on Equity: 12.06%
- Return on Assets: 5.39%
- Debt-to-Equity Ratio: 0.64%
- Current Ratio: 0.97%
- Quick Ratio: 0.41%
- Average Volume: 1.18 million shs.
- Beta: 0.62
- Short Ratio: 4.32
Frequently Asked Questions for J.M. Smucker Company (The) (NYSE:SJM)
What is J.M. Smucker Company (The)'s stock symbol?
J.M. Smucker Company (The) trades on the New York Stock Exchange (NYSE) under the ticker symbol "SJM."
How often does J.M. Smucker Company (The) pay dividends? What is the dividend yield for J.M. Smucker Company (The)?
J.M. Smucker Company (The) declared a quarterly dividend on Friday, October 20th. Stockholders of record on Friday, November 10th will be given a dividend of $0.78 per share on Friday, December 1st. This represents a $3.12 annualized dividend and a dividend yield of 2.99%. View J.M. Smucker Company (The)'s Dividend History.
How were J.M. Smucker Company (The)'s earnings last quarter?
J.M. Smucker Company (The) (NYSE:SJM) announced its earnings results on Thursday, August, 24th. The company reported $1.51 EPS for the quarter, missing analysts' consensus estimates of $1.61 by $0.10. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.81 billion. J.M. Smucker Company (The) had a net margin of 7.50% and a return on equity of 12.06%. The company's quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.86 EPS. View J.M. Smucker Company (The)'s Earnings History.
When will J.M. Smucker Company (The) make its next earnings announcement?
What guidance has J.M. Smucker Company (The) issued on next quarter's earnings?
J.M. Smucker Company (The) updated its FY18 earnings guidance on Thursday, August, 24th. The company provided earnings per share guidance of $7.75-7.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.95.
Where is J.M. Smucker Company (The)'s stock going? Where will J.M. Smucker Company (The)'s stock price be in 2017?
12 brokerages have issued twelve-month price targets for J.M. Smucker Company (The)'s shares. Their predictions range from $106.00 to $140.00. On average, they anticipate J.M. Smucker Company (The)'s stock price to reach $126.55 in the next twelve months. View Analyst Ratings for J.M. Smucker Company (The).
What are analysts saying about J.M. Smucker Company (The) stock?
Here are some recent quotes from research analysts about J.M. Smucker Company (The) stock:
- 1. According to Zacks Investment Research, "Smucker’s shares have underperformed the industry over the past six months. due to unfavorable coffee volumes. Smucker also posted disappointing first-quarter fiscal 2018 results and slashed its earnings guidance for fiscal 2018. Both earnings and sales declined on a year over year basis due to lower coffee volumes, planned increases in commodity costs and higher marketing expense. Nevertheless, the company has resorted to cost cuts amid the tough industry conditions to uplift its performance. It has also been undertaking strategic partnerships and acquisitions to boost its market share. Smucker has been making efforts to expand its e-commerce capabilities in its pet business. Though the company remains focused on improving the performance of the mainstream dog and cat brands, heightened competition in the pet food business are likely to dent Smucker’s performance." (9/22/2017)
- 2. Credit Suisse Group analysts commented, "We are raising our fiscal 2018 EPS estimate by $0.04 to account for some but not all of the $0.10 of accretion that Smucker expects from its acquisition of the Wesson vegetable oil brand from Conagra. We are maintaining our fiscal 2019 estimate at $8.15 due to our concerns regarding deteriorating trends in the packaged foods industry and the Smucker-specific challenges in coffee and pet food that we highlighted in our November 18 sector report. Wesson makes sense financially, but is dilutive to Smucker’s top-line growth. Wesson is the #3 player in the shortening and oils category, but it is declining at a 20% rate primarily due to distribution losses at Sam’s Club. Because Smucker can produce the products at its existing Crisco facilities, it will not need to take on the manufacturing lines or any material amount of overhead. Management expects about $50M of EBITDA including $20M of annual synergies, thus implying a post-synergy valuation of 5.7x EBITDA. The transaction also comes with long-term tax savings with a present value of $45M over 15 years." (6/1/2017)
Who are some of J.M. Smucker Company (The)'s key competitors?
Some companies that are related to J.M. Smucker Company (The) include Hershey Company (The) (HSY), Kirin Holdings (KNBWY), Brown Forman Corporation (BF.A), Brown Forman Corporation (BF.B), Kellogg Company (K), Swatch Group AG (SWGAY), Coca-Cola European Partners PLC (CCE), Newell Brands (NWL), Carlsberg A/S (CABGY), Molson Coors Brewing Company (TAP), Clorox Company (The) (CLX), Hormel Foods Corporation (HRL), Dr Pepper Snapple Group (DPS), Coca Cola Femsa S.A.B. de C.V. (KOF), Conagra Brands (CAG), Campbell Soup Company (CPB), McCormick & Company, Incorporated (MKC) and Coty (COTY).
Who are J.M. Smucker Company (The)'s key executives?
J.M. Smucker Company (The)'s management team includes the folowing people:
- Richard K. Smucker, Executive Chairman of the Board
- Mark T. Smucker, President, Chief Executive Officer, Director
- Mark R. Belgya, Vice Chairman, Chief Financial Officer
- Steven T. Oakland, Vice Chairman, President - U.S. Food and Beverage
- Barry C. Dunaway, President - Pet Food and Pet Snacks
- David J. Lemmon, President - Canada and International and U.S. Away From Home
- Jeannette L. Knudsen, Senior Vice President, General Counsel, Secretary
- Joseph Stanziano, Senior Vice President, General Manager - Consumer Foods
- Jill R. Penrose, Senior Vice President - Human Resources and Corporate Communications
- Kevin G. Jackson, Senior Vice President - U.S. Retail Sales and Market Development Organization
Who owns J.M. Smucker Company (The) stock?
J.M. Smucker Company (The)'s stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.25%), PGGM Investments (0.16%), Shell Asset Management Co. (0.09%), Tandem Investment Advisors Inc. (0.07%), APG Asset Management N.V. (0.05%) and State Treasurer State of Michigan (0.03%). Company insiders that own J.M. Smucker Company (The) stock include Barry C Dunaway, David J Lemmon, David J West, Gary A Oatey, Jay L Henderson, Jeannette L Knudsen, Jill R Penrose, John W Denman, Kathryn W Dindo, Mark R Belgya, Richard K Smucker, Sandra Pianalto, Steven Oakland, Tamara Jean Fynan and Vincent C Byrd. View Institutional Ownership Trends for J.M. Smucker Company (The).
Who sold J.M. Smucker Company (The) stock? Who is selling J.M. Smucker Company (The) stock?
J.M. Smucker Company (The)'s stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Ingalls & Snyder LLC, State Treasurer State of Michigan, Lincoln Capital Corp, Mutual of America Capital Management LLC, Private Asset Management Inc. and Quantitative Systematic Strategies LLC. Company insiders that have sold J.M. Smucker Company (The) stock in the last year include Barry C Dunaway, Jill R Penrose and Steven Oakland. View Insider Buying and Selling for J.M. Smucker Company (The).
Who bought J.M. Smucker Company (The) stock? Who is buying J.M. Smucker Company (The) stock?
J.M. Smucker Company (The)'s stock was acquired by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Douglas Lane & Associates LLC, Assenagon Asset Management S.A., Heritage Way Advisors LLC, Curbstone Financial Management Corp, Tandem Investment Advisors Inc., Eqis Capital Management Inc. and PGGM Investments. Company insiders that have bought J.M. Smucker Company (The) stock in the last two years include Gary A Oatey, Jay L Henderson, Richard K Smucker and Sandra Pianalto. View Insider Buying and Selling for J.M. Smucker Company (The).
How do I buy J.M. Smucker Company (The) stock?
Shares of J.M. Smucker Company (The) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is J.M. Smucker Company (The)'s stock price today?
MarketBeat Community Rating for J.M. Smucker Company (The) (NYSE SJM)MarketBeat's community ratings are surveys of what our community members think about J.M. Smucker Company (The) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of J.M. Smucker Company (The) stock can currently be purchased for approximately $104.22.
Consensus Ratings for J.M. Smucker Company (The) (NYSE:SJM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 6 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$126.55 (21.42% upside)|Consensus Price Target History for J.M. Smucker Company (The) (NYSE:SJM)
Analysts' Ratings History for J.M. Smucker Company (The) (NYSE:SJM)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/13/2017||Morgan Stanley||Set Price Target||Sell||$108.00 -> $106.00||N/A|
|10/4/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Sell||Low|
|8/25/2017||Citigroup Inc.||Lower Price Target||Buy||$155.00 -> $133.00||Medium|
|8/25/2017||Credit Suisse Group||Set Price Target||Hold||$120.00 -> $110.00||Medium|
|8/24/2017||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||$135.00 -> $116.00||High|
|8/23/2017||Susquehanna Bancshares Inc||Set Price Target||Hold||$131.00||High|
|7/28/2017||Jefferies Group LLC||Upgrade||Hold -> Buy||$130.00 -> $140.00||Low|
|7/19/2017||Stephens||Downgrade||Overweight -> Equal Weight||$165.00 -> $125.00||Low|
|7/13/2017||Deutsche Bank AG||Reiterated Rating||Hold||$135.00 -> $131.00||Low|
|7/11/2017||Hilliard Lyons||Upgrade||Neutral -> Long-term Buy||$140.00||Low|
|3/21/2017||Sanford C. Bernstein||Downgrade||Market Perform -> Underperform||$147.00 -> $130.00||High|
|12/6/2016||Bank of America Corporation||Initiated Coverage||Neutral||$130.00||N/A|
|6/13/2016||Stifel Nicolaus||Reiterated Rating||Hold||N/A|
|5/25/2016||KeyCorp||Initiated Coverage||Sector Weight||N/A|
|11/23/2015||Tigress Financial||Downgrade||Buy -> Hold||N/A|
Earnings History for J.M. Smucker Company (The) (NYSE:SJM)Earnings History by Quarter for J.M. Smucker Company (The) (NYSE SJM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/24/2017||Q1 2018||$1.61||$1.51||$1.81 billion||$1.75 billion||View||N/A|
|6/8/2017||Q4 17||$1.72||$1.80||$1.77 billion||$1.78 billion||View||Listen|
|2/17/2017||Q317||$2.00||$2.00||$1.92 billion||$1.88 billion||View||N/A|
|11/17/2016||Q217||$1.93||$2.05||$2.00 billion||$1.91 billion||View||Listen|
|8/23/2016||Q117||$1.74||$1.86||$1.88 billion||$1.82 billion||View||Listen|
|6/9/2016||Q416||$1.19||$1.86||$1.75 billion||$1.81 billion||View||Listen|
|2/23/2016||Q316||$1.64||$1.76||$2.05 billion||$1.97 billion||View||Listen|
|11/19/2015||Q216||$1.51||$1.62||$2.07 billion||$2.08 billion||View||Listen|
|8/27/2015||Q116||$1.23||$1.32||$1.90 billion||$1.95 billion||View||Listen|
|6/4/2015||Q415||$0.99||$0.98||$1.34 billion||$1.45 billion||View||Listen|
|2/13/2015||Q315||$1.51||$1.54||$1.47 billion||$1.44 billion||View||Listen|
|11/19/2014||Q215||$1.57||$1.53||$1.54 billion||$1.48 billion||View||Listen|
|8/20/2014||Q115||$1.37||$1.34||$1.37 billion||$1.32 billion||View||Listen|
|6/5/2014||Q414||$1.16||$1.21||$1.24 billion||$1.23 billion||View||Listen|
|2/14/2014||Q314||$1.68||$1.66||$1.53 billion||$1.47 billion||View||Listen|
|11/20/2013||Q2||$1.60||$1.52||$1.61 billion||$1.56 billion||View||Listen|
|8/21/2013||Q1 2014||$1.20||$1.24||$1.34 billion||$1.35 billion||View||Listen|
|6/6/2013||Q4 2013||$1.15||$1.29||$1.34 billion||$1.34 billion||View||Listen|
|2/15/2013||Q3 2013||$1.39||$1.47||$1.56 billion||$1.56 billion||View||Listen|
|11/16/2012||Q213||$1.45||$1.45||$1.63 billion||$1.63 billion||View||N/A|
Earnings Estimates for J.M. Smucker Company (The) (NYSE:SJM)
2017 EPS Consensus Estimate: $7.25
2018 EPS Consensus Estimate: $8.03
2019 EPS Consensus Estimate: $6.21
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for J.M. Smucker Company (The) (NYSE:SJM)
|Dividend Growth:||8.90% (3 Year Average)|
|Payout Ratio:||65.55% (Trailing 12 Months of Earnings) |
40.52% (Based on This Year's Estimates)
38.52% (Based on Next Year's Estimates)
|Track Record:||15 Years of Consecutive Dividend Growth|
Dividend History by Quarter for J.M. Smucker Company (The) (NYSE SJM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for J.M. Smucker Company (The) (NYSE:SJM)
Insider Ownership Percentage: 3.50%Insider Trades by Quarter for J.M. Smucker Company (The) (NYSE:SJM)
Institutional Ownership Percentage: 73.25%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/11/2017||Gary A. Oatey||Director||Buy||1,000||$107.30||$107,300.00|| |
|8/29/2017||Richard K Smucker||Insider||Buy||10,000||$105.40||$1,054,000.00|| |
|6/28/2017||Jill R Penrose||SVP||Sell||550||$120.09||$66,049.50|| |
|6/27/2017||Barry C Dunaway||Insider||Sell||9,433||$121.32||$1,144,411.56|| |
|6/27/2017||Sandra Pianalto||Director||Buy||250||$120.61||$30,152.50|| |
|6/22/2017||Steven Oakland||Insider||Sell||6,047||$122.00||$737,734.00|| |
|3/7/2017||Jay L Henderson||Director||Buy||3,000||$139.87||$419,610.00|| |
|6/24/2016||David J West||Director||Sell||865||$145.65||$125,987.25|| |
|6/23/2016||Kathryn W. Dindo||Director||Sell||1,466||$146.50||$214,769.00|| |
|6/22/2016||Jill R Penrose||SVP||Sell||519||$146.96||$76,272.24|| |
|6/21/2016||David J. Lemmon||Insider||Sell||872||$146.00||$127,312.00|| |
|6/20/2016||Jeannette L Knudsen||SVP||Sell||1,600||$145.51||$232,816.00|| |
|6/17/2016||Barry C Dunaway||Insider||Sell||3,026||$144.60||$437,559.60|| |
|6/13/2016||Mark R Belgya||CFO||Sell||4,500||$144.20||$648,900.00|| |
|6/13/2016||Steven Oakland||Insider||Sell||5,453||$145.00||$790,685.00|| |
|6/13/2016||Vincent C Byrd||Director||Sell||14,512||$144.55||$2,097,709.60|| |
|4/15/2016||John W Denman||VP||Sell||250||$127.55||$31,887.50|| |
|3/30/2016||Tamara Jean Fynan||VP||Sell||144||$129.71||$18,678.24|| |
|3/29/2016||Jill R Penrose||VP||Sell||652||$130.11||$84,831.72|| |
|2/16/2016||John W Denman||VP||Sell||250||$128.54||$32,135.00|| |
|1/19/2016||John W Denman||VP||Sell||250||$119.51||$29,877.50|| |
|12/16/2015||John W Denman||VP||Sell||250||$123.02||$30,755.00|| |
|11/19/2015||David J. Lemmon||VP||Sell||1,062||$120.00||$127,440.00|| |
|11/19/2015||Steven Oakland||President||Sell||2,226||$122.00||$271,572.00|| |
|10/13/2015||Steven Oakland||President||Sell||2,500||$119.50||$298,750.00|| |
|9/25/2015||Fund Holdings L.P. Kkr||Major Shareholder||Sell||8,277,495||$113.31||$937,922,958.45|| |
|9/8/2015||John F Mayer||VP||Sell||1,250||$116.21||$145,262.50|| |
|9/2/2015||Mark R Belgya||CFO||Sell||5,000||$114.47||$572,350.00|| |
|8/31/2015||Barry C Dunaway||Insider||Sell||5,000||$117.70||$588,500.00|| |
|8/31/2015||Gary A. Oatey||Director||Sell||2,000||$117.42||$234,840.00|| |
|8/31/2015||Julia L Sabin||VP||Sell||1,894||$117.55||$222,639.70|| |
|7/15/2015||Alpinvest Us Holdings, Llc||Insider||Sell||3,010,781||$103.82||$312,579,283.42|| |
|7/15/2015||Holdings I L.P. Blue||Major Shareholder||Sell||4,921,934||$103.82||$510,995,187.88|| |
|6/19/2015||Vincent C Byrd||Vice Chairman||Sell||2,817||$114.18||$321,645.06|| |
|6/16/2015||John W Denman||VP||Sell||250||$111.39||$27,847.50|| |
|3/13/2015||Tamara Jean Fynan||VP||Sell||1,436||$111.27||$159,783.72|| |
|2/19/2015||John F Mayer||VP||Sell||3,915||$114.10||$446,701.50|| |
|2/18/2015||Dennis J Armstrong||SVP||Sell||6,935||$112.69||$781,505.15|| |
|7/24/2014||John W Denman||VP||Sell||250||$105.00||$26,250.00|| |
|7/1/2014||David J Lemmon||VP||Sell||1,570||$107.00||$167,990.00|| |
|6/19/2014||Jeannette L Knudsen||VP||Sell||1,000||$106.72||$106,720.00|| |
|6/19/2014||Mark R Belgya||CFO||Sell||5,000||$105.69||$528,450.00|| |
|6/18/2014||Steven Oakland||President||Sell||7,285||$105.95||$771,845.75|| |
|6/17/2014||Dennis J Armstrong||SVP||Sell||4,000||$106.35||$425,400.00|| |
|6/17/2014||James A Brown||VP||Sell||2,697||$106.38||$286,906.86|| |
|6/16/2014||Barry C Dunaway||SVP||Sell||6,473||$105.64||$683,807.72|| |
|6/16/2014||Julia L Sabin||VP||Sell||2,961||$104.74||$310,135.14|| |
|6/10/2014||Gary A Oatey||Director||Sell||2,000||$104.93||$209,860.00|| |
|5/8/2014||Kenneth Miller||VP||Sell||2,251||$100.00||$225,100.00|| |
|2/27/2014||Vincent Byrd||COO||Sell||11,128||$99.43||$1,106,457.04|| |
|9/10/2013||Andrew G Platt||VP||Sell||1,000||$108.66||$108,660.00|| |
|9/5/2013||Mark R Belgya||CFO||Sell||2,043||$107.45||$219,520.35|| |
|9/3/2013||Mark Belgya||CFO||Sell||5,957||$106.05||$631,739.85|| |
|8/30/2013||Mark Belgya||CFO||Sell||2,000||$106.00||$212,000.00|| |
|7/29/2013||David J Lemmon||VP||Sell||1,957||$111.59||$218,381.63|| |
|7/5/2013||Kenneth A Miller||VP||Sell||1,674||$103.02||$172,455.48|| |
|7/1/2013||John F Mayer||VP||Sell||2,000||$103.71||$207,420.00|| |
|6/21/2013||Timothy P Smucker||Chairman||Buy||1,000||$101.05||$101,050.00|| |
|6/19/2013||Andrew G Platt||VP||Sell||2,500||$103.00||$257,500.00|| |
|6/18/2013||Steven Oakland||President||Sell||8,009||$103.50||$828,931.50|| |
|6/17/2013||Dennis J Armstrong||SVP||Sell||5,000||$103.25||$516,250.00|| |
|6/17/2013||Julia L Sabin||VP||Sell||4,157||$103.48||$430,166.36|| |
|9/14/2012||Mark T Smucker||President||Sell||2,762||$86.26||$238,250.12|| |
Headline Trends for J.M. Smucker Company (The) (NYSE:SJM)
Latest Headlines for J.M. Smucker Company (The) (NYSE:SJM)
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J.M. Smucker Company (The) (SJM) Chart for Sunday, October, 22, 2017