HRL - Hormel Foods Corporation

NYSE - NYSE Delayed Price. Currency in USD
40.01
+0.15 (+0.38%)
At close: 4:02PM EDT
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Previous Close39.86
Open39.89
Bid0.00 x 3200
Ask42.50 x 1200
Day's Range39.84 - 40.15
52 Week Range29.75 - 42.29
Volume2,899,237
Avg. Volume2,585,830
Market Cap21.33B
Beta-0.04
PE Ratio (TTM)22.48
EPS (TTM)1.78
Earnings DateNov 19, 2018 - Nov 23, 2018
Forward Dividend & Yield0.75 (1.79%)
Ex-Dividend Date2018-07-13
1y Target Est36.58
Trade prices are not sourced from all markets
  • Why Is Hormel (HRL) Up 7.2% Since Last Earnings Report?
    Zacks15 hours ago

    Why Is Hormel (HRL) Up 7.2% Since Last Earnings Report?

    Hormel (HRL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • How Has Hormel Foods’ Top Line Performed So Far in 2018?
    Market Realist2 days ago

    How Has Hormel Foods’ Top Line Performed So Far in 2018?

    Hormel Foods (HRL) has missed the sales estimates for all three quarters of fiscal 2018. The weakness in turkey and hog markets remains a big concern for Hormel Foods. On the third quarter conference call, Hormel Foods’ CEO, Jim Snee, stated that uncertainty surrounded the exports business primarily due to tariff hikes.

  • Where Does Hormel Foods Stand from a Valuation Perspective?
    Market Realist2 days ago

    Where Does Hormel Foods Stand from a Valuation Perspective?

    On September 19, Hormel Foods (HRL) was trading at a 12-month forward PE (price-to-earnings) ratio of 21.5x. However, the company is trading at a higher valuation multiple in comparison to peers. Tyson Foods (TSN) is trading at a 12-month forward PE ratio of 10.2x. Pilgrim’s Pride (PPC), Campbell Soup (CPB), and Conagra (CAG) are trading at 8.2x, 16.2x, and 16.3x, respectively, as of September 19.

  • Hormel Foods’ Capital Allocation Plans Are Impressive
    Market Realist2 days ago

    Hormel Foods’ Capital Allocation Plans Are Impressive

    Hormel Foods’ (HRL) current dividend yield is 1.9% based on the closing price of $39.66 as of September 19. In comparison, Tyson Foods’ (TSN) current dividend yield stands at 1.9%, while that of Sanderson Farms (SAFM) is 1.3%. Campbell Soup’s (CPB) current yield is 3.5%, and that of Conagra’s (CAG) is 2.3% based on its September 19 closing price. Dividend yield implies the cash flow received by the investor for each dollar invested in the company’s stock.

  • Analysts Are on the Sidelines about Hormel Foods
    Market Realist2 days ago

    Analysts Are on the Sidelines about Hormel Foods

    The majority of analysts have maintained a “hold” rating for Hormel Foods (HRL). Over the past 15 days, we have seen just one change in target price. On September 17, BMO upped the price target on Hormel Foods to $44.00 from $38.00.

  • A Look at Hormel Foods’ Year-to-Date Stock Returns
    Market Realist2 days ago

    A Look at Hormel Foods’ Year-to-Date Stock Returns

    Hormel Foods (HRL) has delivered year-to-date stock gains of ~9.0% as of September 19, 2018. In comparison, peers Tyson Foods (TSN), Sanderson Farms (SAFM), and Pilgrim’s Pride (PPC) have fallen 24.1%, 27.5%, and 40.2%, respectively. Hormel Foods like other industry players has been suffering from cost inflation and rising logistics costs.

  • See what the IHS Markit Score report has to say about Hormel Foods Corp.
    Markit3 days ago

    See what the IHS Markit Score report has to say about Hormel Foods Corp.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.

  • HERDEZ® Guacamole Salsa Honored with CPG Award for Innovation and Creativity by the Grocery Manufacturers Association
    PR Newswire5 days ago

    HERDEZ® Guacamole Salsa Honored with CPG Award for Innovation and Creativity by the Grocery Manufacturers Association

    ORANGE, Calif., Sept. 18, 2018 /PRNewswire/ -- The maker of the HERDEZ® brand, Mexico's No. 1 selling salsa, was recognized with the CPG Award for Innovation and Creativity for its HERDEZ® Guacamole Salsa by the Grocery Manufacturers Association (GMA). The award, presented at the GMA Leadership Forum held last month at The Broadmoor in Colorado Springs, Colo., is selected each year by the GMA Advisory Council in recognition for organizations' creativity and willingness to take risks, resulting in in measurable results and significant impact on the industry. "We are on a mission to bring the spirit of Mexico to every table," said Ryan Michaelis, president of MegaMex Foods.

  • Hormel Foods Announces Retirement and Advancement
    PR Newswire5 days ago

    Hormel Foods Announces Retirement and Advancement

    AUSTIN, Minn., Sept. 17, 2018 /PRNewswire/ -- Hormel Foods Corporation (HRL), a global branded food company, today announced the upcoming retirement of Kurt Mueller, senior vice president of Consumer Products Sales (CPS) and vice president of Hormel Foods. Mueller will retire after 39 years of distinguished service with the company.

  • Benzinga6 days ago

    BMO Shifts To Neutral Stance On Hormel, Cites Valuation, Trade Concerns

    Hormel Foods Corp (NYSE: HRL ) has limited near-term upside, according to BMO Capital Markets. The Analyst Analyst Kenneth Zaslow downgraded Hormel Foods from Outperform to Market Perform and increased ...

  • InvestorPlace6 days ago

    How McCormick Stock Can Add Some Spice to Your Portfolio

    After a sideways range between $100-$110 during the first half of 2018,  McCormick (NYSE:MKC), a Fortune 1000 company by revenue, finally broke through $110 in early July and closed at $132.29 on Friday, Sept. 14. Despite the recent impressive run-up in the stock price, I expect the uptrend to continue and there are several long strategies in McCormick stock that could lead to impressive profits.

  • InvestorPlace8 days ago

    Is Tyson Foods Stock Ready to Serve Up Profits for Investors?

    After a difficult 2018, investors may consider adding Tyson Foods (NYSE:TSN) stock to their portfolio for the rest of the year. There are several long strategies in TSN stock that could lead to impressive profits. In the recent trade wars saga, China, the global top consumer of pork and one of the biggest markets for U.S. pork, introduced a 25% tariff on pork imported from the U.S.  Previous 2018 earnings calls by TSN management had also been downbeat and investors in Tyson Foods stock had punished the stock throughout the year.

  • Announcing MSPBJ's first-ever Business of Manufacturing award winners
    American City Business Journals9 days ago

    Announcing MSPBJ's first-ever Business of Manufacturing award winners

    Minnesota's manufacturing industry contributes about $48.2 billion to the state's economy, according to the Department of Employment and Economic Development. The sector employs roughly 318,000 people, and continues to grow.

  • Thomson Reuters StreetEvents10 days ago

    Edited Transcript of HRL earnings conference call or presentation 23-Aug-18 1:00pm GMT

    Q3 2018 Hormel Foods Corp Earnings Call

  • 10 Super Safe Growth Stocks to Buy for Long-Lasting Dividends
    InvestorPlace11 days ago

    10 Super Safe Growth Stocks to Buy for Long-Lasting Dividends

    Fortunately, Simply Safe Dividends identified the 10 best dividend growth stocks that investors can rely on for secure, fast-growing income. Let’s take a look at 10 of the safest dividend stocks in the market.

  • The Makers of SKIPPY® Peanut Butter Introduce New P.B. & Jelly Minis
    PR Newswire11 days ago

    The Makers of SKIPPY® Peanut Butter Introduce New P.B. & Jelly Minis

    AUSTIN, Minn. , Sept. 12, 2018 /PRNewswire/ -- The makers of SKIPPY ® peanut butter announced today the launch of SKIPPY ® P.B.& Jelly Minis, a portable, shareable, mess-free baked snack that is made with ...

  • Hormel Foods Up 14% in 3 Months, Strong Brands A Key Driver
    Zacks12 days ago

    Hormel Foods Up 14% in 3 Months, Strong Brands A Key Driver

    Hormel Foods (HRL) gains from brand popularity and lucrative buyouts. However, higher tariffs on pork are a worry.

  • 3 Low-Risk Stocks for Dividend Growth Investors
    Motley Fool14 days ago

    3 Low-Risk Stocks for Dividend Growth Investors

    With the market near all-time highs, it's a good time to think about adding some financially strong dividend payers to your portfolio

  • Hormel Foods Highlights its Path Forward at Barclays Global Consumer Staples Conference
    PR Newswire17 days ago

    Hormel Foods Highlights its Path Forward at Barclays Global Consumer Staples Conference

    AUSTIN, Minn. , Sept. 5, 2018 /PRNewswire/ -- At the Barclays Global Consumer Staples Conference in Boston, Mass. , Jim Snee , chairman of the board, president and chief executive officer at Hormel Foods ...

  • Hormel Foods Shares Food Journey Progress in 12th Annual Corporate Responsibility Report
    PR Newswire18 days ago

    Hormel Foods Shares Food Journey Progress in 12th Annual Corporate Responsibility Report

    AUSTIN, Minn., Sept. 5, 2018 /PRNewswire/ -- Hormel Foods Corporation (HRL) today announced the launch of its 12th annual corporate responsibility (CR) report. The report is available online at https://csr.hormelfoods.com/ and includes information about the company's CR progress in fiscal 2017. "We are proud of the progress we have made as a leading corporate citizen in our industry," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods, in his letter in the report.

  • 5 Top Dividend Kings to Buy and Hold Forever
    Motley Fool18 days ago

    5 Top Dividend Kings to Buy and Hold Forever

    50-plus years of dividend hikes is an astounding feat. Here are five stocks that have achieved this that you should be buying or watching.

  • GlobeNewswire23 days ago

    Report: Exploring Fundamental Drivers Behind International Bancshares, Morgan Stanley, Equity Residential, Hormel Foods, Spectrum Pharmaceuticals, and Cousins Properties — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Aug. 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of International ...

  • Like Dividends? I Bet You'll Love These 3 Stocks
    Motley Fool27 days ago

    Like Dividends? I Bet You'll Love These 3 Stocks

    With high yields and long histories of dividend increases, these out-of-favor stocks are ripe for the picking.

  • Hormel Foods’ Fiscal Q3 Adjusted EPS Matches Estimates
    Market Realist29 days ago

    Hormel Foods’ Fiscal Q3 Adjusted EPS Matches Estimates

    Hormel Foods (HRL) reported adjusted EPS of $0.39 for its fiscal third quarter of 2018, which matched the consensus estimate. Its gross margin contracted 100 basis points to 19.5% due to increases in the cost of goods. Selling, general, and administrative expenses rose 19.3% due to higher advertising costs and acquisitions.