NYSE:SYY - SYSCO Stock Price, Forecast & News

SYSCO trades on the New York Stock Exchange (NYSE) under the ticker symbol "SYY."

SYSCO announced a quarterly dividend on Thursday, November 14th. Investors of record on Friday, January 3rd will be given a dividend of $0.45 per share on Friday, January 24th. This represents a $1.80 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Thursday, January 2nd. This is a positive change from SYSCO's previous quarterly dividend of $0.39. View SYSCO's Dividend History.

SYSCO Co. (NYSE:SYY) released its quarterly earnings results on Monday, November, 4th. The company reported $0.98 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.97 by $0.01. The firm earned $15.30 billion during the quarter, compared to the consensus estimate of $15.53 billion. SYSCO had a net margin of 2.82% and a return on equity of 79.60%. SYSCO's revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.91 earnings per share. View SYSCO's Earnings History.

SYSCO is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for SYSCO.

13 analysts have issued 12 month price targets for SYSCO's stock. Their forecasts range from $58.00 to $94.00. On average, they anticipate SYSCO's share price to reach $79.48 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for SYSCO.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 2 sell ratings, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SYSCO.

News coverage about SYY stock has trended positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative 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 five, with scores nearest to five being the most favorable. SYSCO earned a news impact score of 3.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for SYSCO.

SYSCO saw a increase in short interest in December. As of December 13th, there was short interest totalling 10,820,000 shares, an increase of 7.9% from the November 28th total of 10,030,000 shares. Based on an average trading volume of 2,190,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 2.1% of the shares of the company are sold short. View SYSCO's Current Options Chain.

Some companies that are related to SYSCO include Domino's Pizza (DPZ), US Foods (USFD), HF Foods Group (HFFG), Alkaline Water (WTER), Rave Restaurant Group (RAVE) and Coffee (JVA).

Based on aggregate information from My MarketBeat watchlists, some companies that other SYSCO investors own include Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ), Procter & Gamble (PG), Walmart (WMT), Mcdonald's (MCD), AbbVie (ABBV), Pfizer (PFE), Home Depot (HD) and The Coca-Cola (KO).

SYSCO's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.17%), Boston Trust Walden Corp (0.17%), PGGM Investments (0.12%), Sabal Trust CO (0.08%), Manning & Napier Group LLC (0.04%) and State of Alaska Department of Revenue (0.04%). Company insiders that own SYSCO stock include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, Joel T Grade, John M Cassaday, Joshua D Frank, Paul T Moskowitz, Richard G Tilghman, Robert S Charlton, Russell T Libby, Thomas Bene, Trian Fund Management, LP and Wayne Shurts. View Institutional Ownership Trends for SYSCO.

SYY stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Commerzbank Aktiengesellschaft FI, Gradient Investments LLC, DNB Asset Management AS, Hexavest Inc., Bowling Portfolio Management LLC, Tocqueville Asset Management L.P. and Meag Munich Ergo Kapitalanlagegesellschaft MBH. Company insiders that have sold SYSCO company stock in the last year include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, John M Cassaday, Paul T Moskowitz, Robert S Charlton, Russell T Libby, Thomas Bene and Trian Fund Management, LP. View Insider Buying and Selling for SYSCO.

SYY stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Baxter Bros Inc., Tealwood Asset Management Inc., Clear Street Markets LLC, Assenagon Asset Management S.A., Pennsylvania Trust Co, Manning & Napier Group LLC and AE Wealth Management LLC. View Insider Buying and Selling for SYSCO.

Shares of SYY 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.

One share of SYY stock can currently be purchased for approximately $82.82.

SYSCO has a market capitalization of $42.26 billion and generates $60.11 billion in revenue each year. The company earns $1.67 billion in net income (profit) each year or $3.55 on an earnings per share basis. SYSCO employs 69,000 workers across the globe.View Additional Information About SYSCO.

The official website for SYSCO is http://www.sysco.com/.

SYSCO's mailing address is 1390 ENCLAVE PKWY, HOUSTON TX, 77077. The company can be reached via phone at 281-584-1390.