|Bid||37.74 x 800|
|Ask||37.77 x 800|
|Day's Range||37.37 - 37.81|
|52 Week Range||35.97 - 46.66|
|Beta (5Y Monthly)||-0.17|
|PE Ratio (TTM)||27.50|
|Earnings Date||May 29, 2021|
|Forward Dividend & Yield||0.03 (0.09%)|
|Ex-Dividend Date||Apr 27, 2021|
|1y Target Est||45.33|
Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company has reached a definitive agreement to purchase the remaining 50 percent membership interest in Red River Valley Egg Farm, LLC from Rose Acre Farms, Inc. The entity will become a wholly owned subsidiary of the Company. The purchase price is $48.5 million for the balance of the joint venture’s membership interests. Red River Valley Egg Farm, LLC owns and operates a specialty shell egg production complex with approximately 1.7 million laying hens, pullet capacity, feed mill, processing plant, related offices and outbuildings and related equipment located on approximately 400 acres near Bogata, Texas. The Company expects to close the transaction by the end of the month, subject to customary closing conditions.
In this article, we will take a look at the top 20 US egg producers in 2021. You can skip our detailed analysis of these companies and go to the Top 5 US Egg Producers in 2021. The egg industry in the U.S. has evolved rapidly over the last few decades. According to a report, […]
Cal-Maine Foods (NASDAQ:CALM) has had a rough month with its share price down 5.1%. It seems that the market might have...