What is Sysco Corporation's stock symbol?
Sysco Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "SYY."
How often does Sysco Corporation pay dividends? What is the dividend yield for Sysco Corporation?
Sysco Corporation announced a quarterly dividend on Wednesday, November 16th. Shareholders of record on Friday, January 6th will be paid a dividend of $0.33 per share on Friday, January 27th. This represents a $1.32 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Wednesday, January 4th. This is a boost from Sysco Corporation's previous quarterly dividend of $0.31.
Where is Sysco Corporation's stock going? Where will Sysco Corporation's stock price be in 2017?
17 brokerages have issued 12-month target prices for Sysco Corporation's shares. Their forecasts range from $47.00 to $60.00. On average, they expect Sysco Corporation's stock price to reach $54.31 in the next twelve months.
When will Sysco Corporation announce their earnings?
Sysco Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about Sysco Corporation stock?
Here are some recent quotes from research analysts about Sysco Corporation stock:
According to Zacks Investment Research, "Sysco’s second-quarter fiscal 2017 earnings exceeded Zacks Consensus Estimate while revenues declined marginally with the same. Moreover, Sysco’s shares have been outperforming the Zacks-categorized industry over the past one year. The acquisition of London-based Brakes Group and margin improvement probably drove the earnings beat. Adjusted earnings were up 20.8% year over year on the back of expense management and improved margins. Sales also increased 10.7% on a year-over-year basis, despite unfavorable currency. We note that the company’s sales have improved consistently driven by acquisitions and volume growth. Sysco’s efforts to boost sales and margins are paying up, as the company has delivered positive gross margins in the last seven consecutive quarters, after declining consistently since the last two fiscal. However, currency headwinds and persistent food-cost deflation remain a concern." (2/7/2017)
- Credit Suisse Group analysts commented, "SYY's stock is well off its high, despite generally strong earnings performances and an impressive increase in the company's 2018 earnings outlook. We see the sell-off as an opportunity to own a blue-chip company in an attractive industry, with solid underlying operating momentum, and insulation from many of the structural issues plaguing the consumer sector today. Weak industry volume growth is the big push back, but the headwind seems overstated. With the stock now trading at about 17.5x our new fiscal 2018 estimate, the valuation is more appealing than it's been in some time. We upgraded the stock to Outperform from Neutral and raised our target price to $59 from $55." (2/6/2017)
- RBC Capital Markets analysts commented, "We are initiating on Sysco with a Sector Perform rating and $47 price target. Despite a softening category and an unsustainable gross margin trajectory, Sysco trades at an all-time high and with the smallest post-recession gap to restaurant valuations. While we think the $500m three-year EBIT growth goal is achievable/raisable, we believe this is already factored into consensus numbers." (1/24/2017)
Who owns Sysco Corporation stock?
Sysco Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Nelson Peltz (8.04%), State Street Corp (4.92%), Janus Capital Management LLC (1.21%), FMR LLC (0.88%), Renaissance Technologies LLC (0.78%) and TCW Group Inc. (0.28%). Company insiders that own Sysco Corporation stock include Greg D Bertrand, Hans-Joachim Koerber, Jackie M Ward, Joel T Grade, Paul T Moskowitz, Robert S Charlton, Russell T Libby, Trian Fund Management, LP, William B Day and William J Delaney III.
Who sold Sysco Corporation stock? Who is selling Sysco Corporation stock?
Sysco Corporation's stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Federated Investors Inc. PA, AQR Capital Management LLC, TCW Group Inc., Raymond James Financial Services Advisors Inc., Credit Agricole S A, Thompson Siegel & Walmsley LLC and Guggenheim Capital LLC. Company insiders that have sold Sysco Corporation stock in the last year include Greg D Bertrand, Hans-Joachim Koerber, Joel T Grade, Paul T Moskowitz, Robert S Charlton, Russell T Libby, William B Day and William J Delaney III.
Who bought Sysco Corporation stock? Who is buying Sysco Corporation stock?
Sysco Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Asset Management One Co. Ltd., NN Investment Partners Holdings N.V., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Renaissance Technologies LLC, Barometer Capital Management Inc., Janus Capital Management LLC and Elkfork Partners LLC. Company insiders that have bought Sysco Corporation stock in the last two years include Jackie M Ward and Trian Fund Management, LP.
How do I buy Sysco Corporation stock?
Shares of Sysco Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Sysco Corporation stock cost?
One share of Sysco Corporation stock can currently be purchased for approximately $52.89.