HRL - Hormel Foods Corporation

NYSE - NYSE Delayed Price. Currency in USD
48.15
+0.16 (+0.33%)
At close: 4:03PM EDT

48.15 0.00 (0.00%)
After hours: 4:18PM EDT

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close47.99
Open47.83
Bid47.20 x 1300
Ask48.07 x 800
Day's Range47.47 - 48.21
52 Week Range39.01 - 51.53
Volume2,521,535
Avg. Volume2,432,816
Market Cap25.951B
Beta (5Y Monthly)-0.07
PE Ratio (TTM)28.32
EPS (TTM)1.70
Earnings DateAug 20, 2020 - Aug 24, 2020
Forward Dividend & Yield0.93 (1.94%)
Ex-Dividend DateJul 10, 2020
1y Target Est43.44
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-29% Est. Return
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  • Hormel Foods Announces Inspired Giving Commitment to Support Equity and Education
    PR Newswire

    Hormel Foods Announces Inspired Giving Commitment to Support Equity and Education

    Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced it will be donating up to $300,000 to three organizations to help support education and equity as part of its Inspired Giving program. The donation will include matching donations by team members and retired alumni who want to join the company in its donation. Inspired Giving is part of the company's new spotlight giving program that matches worthwhile causes and charities with the company's core pillars of education, hunger and supporting communities. The company will be spotlighting other causes and charities that meet certain criteria with a company match. This is in addition to the company's current charitable efforts that has donated more than $50 million in cash and products to worthy causes over the last five years.

  • Hormel Foods Announces SPAMtastic™ Reopening of World-Famous SPAM® Museum
    PR Newswire

    Hormel Foods Announces SPAMtastic™ Reopening of World-Famous SPAM® Museum

    Hormel Foods Corporation (NYSE: HRL), a global branded food company, and its SPAM® brand, one of the most beloved consumer brands in the world, today announced the reopening of its one-of-a-kind SPAM® Museum in Austin, Minn. In addition to hosting in-person visits, the award-winning museum is offering live virtual tours for those who prefer to visit virtually. Each year, the museum attracts fans from around the world from as far away as Australia, the United Kingdom, the Philippines and Hawaii. The museum is one of the most visited attractions in the state of Minnesota, and certainly is one of the most unique in the world.

  • Inside the C-suite: Beyond Meat Founder on future of the brand
    Yahoo Finance Video

    Inside the C-suite: Beyond Meat Founder on future of the brand

    Ethan Brown, founder of Beyond Meat, sat down with Yahoo Finance’s Brian Sozzi to discuss the meatless industry and what can be expected from Beyond Meat in the future


  • The Makers Of Lloyd's® Barbeque Partner With 2-TIme World Barbeque Champions To Launch Hardwood Smoked Pulled Meats Made With Pig Beach Mustard BBQ Sauce
    PR Newswire

    The Makers Of Lloyd's® Barbeque Partner With 2-TIme World Barbeque Champions To Launch Hardwood Smoked Pulled Meats Made With Pig Beach Mustard BBQ Sauce

    The makers of Lloyd's® barbeque products, the No. 1 selling heat and serve barbeque in America, announced today its pecanwood smoked pulled pork and hardwood smoked chicken made with 2-time world barbeque sauce champion Pig Beach Mustard BBQ Sauce.

  • Processed Meat Producers on the Rise
    GuruFocus.com

    Processed Meat Producers on the Rise

    Spam sales elevated globally Continue reading...

  • Hormel Foods Canada Donates more than 75,000 Pounds of Food to Second Harvest Partner Agencies Across Canada to Help Feed Those in Need
    CNW Group

    Hormel Foods Canada Donates more than 75,000 Pounds of Food to Second Harvest Partner Agencies Across Canada to Help Feed Those in Need

    Hormel Foods Canada Donates more than 75,000 Pounds of Food to Second Harvest Partner Agencies Across Canada to Help Feed Those in Need

  • SKIPPY® Peanut Butter Team Announces New Advertising Campaign - "Go To Your SKIPPY® Place™"
    PR Newswire

    SKIPPY® Peanut Butter Team Announces New Advertising Campaign - "Go To Your SKIPPY® Place™"

    There are as many versions of "happy places" as there are people who have them, but if you're a peanut butter lover, only one escape will do: Go To Your SKIPPY® Place™.

  • Hormel Foods Opens State-of-the-Art Health Center for Team Members
    PR Newswire

    Hormel Foods Opens State-of-the-Art Health Center for Team Members

    Hormel Foods Corporation, a global-branded food company, is opening its state-of-the-art health center, situated close to its global headquarters and flagship production facility. In partnership with Premise Health, who will operate the facility, it will improve access to high-quality, affordable healthcare for Hormel Foods team members and their dependent family members. The health center builds on the existing relationship between Hormel Foods and the renowned Mayo Clinic. With this dedicated health center and additional resources provided by Mayo Clinic, such as radiology and specialty service referrals for things like cardiology, orthopedics, dermatology and behavioral health, employees of Hormel Foods and their dependents will have full access to care when they need it.

  • Why Is Hormel (HRL) Up 5.5% Since Last Earnings Report?
    Zacks

    Why Is Hormel (HRL) Up 5.5% 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.

  • Hormel Foods (HRL) Benefits From Buyouts, Hurt by Costs
    Zacks

    Hormel Foods (HRL) Benefits From Buyouts, Hurt by Costs

    Hormel Foods (HRL) is gaining from increased retail sales, courtesy of rising demand amid coronavirus-led pantry loading. However, high supply-chain costs amid the pandemic are a concern.

  • Hormel Foods Named to 100 Best Corporate Citizens List for 12th Consecutive Year
    PR Newswire

    Hormel Foods Named to 100 Best Corporate Citizens List for 12th Consecutive Year

    Hormel Foods, a global branded food company (NYSE: HRL), has been named to the 100 Best Corporate Citizens list by 3BL Media, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest, U.S. public companies.

  • 10 Stocks With Little or No Debt to Own for the Next 50 Years
    InvestorPlace

    10 Stocks With Little or No Debt to Own for the Next 50 Years

    [Editor's note: "10 Stocks With Little or No Debt to Own for the Next 50 Years" was previously published in March 2020. It has since been updated to include the most relevant information available.]Surf the net and you'll find lots of stories about the best stocks to own. Some will be for the next year, five years, or even 10 years. Very few, however, will offer up ideas for the next half-century. In part, that's because investing today has become a "What have you done for me lately?" kind of business. Also, because so many companies have disappeared over the years, it's futile to guess who's going to stick around.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe average S&P 500 company had a tenure of 33 years in 1965. In 1990, that dropped to 20 years. By 2026, it's forecast to fall to 14 years. * 7 Great Biotech Stocks to Buy and Hold Now In other words, the odds of you winning the lottery is almost as good as owning a stock that remains publicly traded for 50 consecutive years. Nonetheless, I've decided to give myself this challenge. The 10 stocks to own on my list have very little debt, a market cap greater than $10 billion, and sector-wise provide a reasonably diversified portfolio. Linde (LIN)Source: Shutterstock Linde (NYSE:LIN), the UK-based supplier of industrial gases, gave back all of its 2019 gains and then some during the coronavirus slump, but looks solid otherwise. In fact, it's retesting its pre-pandemic levels already.In October 2018, Linde and U.S.-based Praxair completed their $90 billion merger of equals that created one the world's largest supplier of industrial gases with annual revenues of $28 billion and 80,000 employees around the world. The deal vaulted it ahead of Air Liquide (OTCMKTS:AIQUY), the French provider of industrial gases. In the fourth quarter ending in December 2019, Linde had an operating profit of $.6 billion on revenue of $6.9 billion. Despite the $90 billion mergers, the company was able to sidestep the debt issue by doing an all-stock deal with Praxair. I would expect Linde to deliver double-digit annual returns for years to come. Lululemon (LULU)Source: Richard Frazier / Shutterstock.com Lululemon (NASDAQ:LULU), the popular apparel brand that got its start making comfortable yoga pants for customers, has a bright future ahead.This isn't the first time I've included LULU stock in a list of long-term holds. In August 2016, I argued that LULU would be one of the 50 best-performing S&P 500 stocks over the next decade. Three years in, it's living up to the promise.As Forbes contributor Sergei Klebnikov recently pointed out, Lululemon has benefited from selling directly to its customers through its own network of stores rather than selling its products wholesale to department stores and other third-party retailers. * The 9 Best Cryptocurrencies to Watch for the Rest of 2020 Between its healthy women's business, a growing men's business, an eCommerce segment that's also rapidly growing, and its Asian stores selling its product like hotcakes, it's easy to understand why it's putting the rest of retail to shame. Hormel (HRL)Source: calimedia / Shutterstock.com Hormel (NYSE:HRL) is a food company focused on protein-based products, including the Hormel, Spam, Dinty Moore and Skippy Brands. While its 2019 return wasn't Lululemon-like, it has delivered consistent returns for its shareholders. Over the past decade, it has generated an annualized total return of 18%. In its most recent earnings report, Hormel racked up $2.4 billion in revenues and re-affirmed its 2020 guidance.Hormel also paid an 11% dividend increase to 93 cents a share. That's the 54th consecutive year HRL has increased its dividend and the 11th consecutive year it has increased its dividend by 10% or more. It might not be the most exciting stock to own, but it surely is one of the most consistent. CoStar Group (CSGP)Source: Casimiro PT / Shutterstock.com If you're familiar with CoStar Group (NASDAQ:CSGP), you know there's money to be made with information. Specifically, CoStar makes money by providing the most comprehensive database of real estate information in the country. By being the best information provider around, CoStar shareholders did very well in 2019 with a total return of almost 75%. Over the past 15 years, CSGP has generated an annualized total return of 18.8%, double the total U.S. market. Last year, CoStar acquired STR Global, a data analytics company that specializes in hotel information, for $450 million. With only $64 million in annual revenue, CoStar expects to grow STR by 20% annually by helping bring products to the market faster. * 7 Pharmaceutical Stocks to Buy for Post-Pandemic Gains As AI, machine learning, and data analytics become a regular part of business, expect CoStar to continue to grow at a considerable rate. Intuitive Surgical (ISRG)Source: michelmond / Shutterstock.com Intuitive Surgical (NASDAQ:ISRG) manufactures the da Vinci robotic surgical system that allows doctors to carry out minimally invasive surgeries for patients around the world. It's installed almost 5,000 systems worldwide, with a majority sold to U.S. hospitals. However, the company's international sales are multiplying. The systems aren't cheap. That has allowed it to grow its revenues by 75% in the past four years. This has done wonders for ISRG stock, which has a nearly 22% total return year-to-date and 29.4% over the past 15 years. If there were a tech/healthcare stock that Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK.B) should have bought but didn't, ISRG would be it. The company has a reasonably wide moat but continues to invest in research and development so that it stays ahead of its competition. In 2016, it spent 8.9% of its revenue on R&D. In 2020 it's projected to spend 11.6%, a 30% increase over four years. Owning ISRG over the long haul is a slam dunk. Alexion Pharmaceuticals (ALXN)Source: Shutterstock Biotech stocks, especially those developing clinical-stage drugs, scare the heck out of me. They don't make any money, but they spend several years and many millions or even billions getting the product approved.That's a lot of power riding in the hands of a small panel of experts. As a shareholder, you have very little control over the process. That's why it makes sense to invest in large biotech firms such as Alexion Pharmaceuticals (NASDAQ:ALXN), whose Soliris drug is used to prevent the breakdown of red blood cells in adults suffering from paroxysmal nocturnal hemoglobinuria and other related diseases. In the fourth quarter, Soliris increased worldwide sales by 11% more than the same period a year earlier. * 7 Utility Stocks to Buy Keeping Lights On And Dividends Flowing Its successor drug, Ultomiris, is also doing well. As a result of this success, Alexion expects to make at least $10.25 per share in 2019 on a non-GAAP basis, significantly higher than its outlook at the beginning of the fiscal year. Up 15.7% year to date, expect bigger things from ALXN stock in 2020. Cummins (CMI)Source: Lissandra Melo / Shutterstock.com I picked Cummins (NYSE:CMI) because it has one of the healthiest balance sheets of any large-cap company in the industrial goods sector. Currently, the company's total debt of $2.7 billion is just 40% of its book value. By comparison, Caterpillar's (NYSE:CAT) is 254% of its book value. In October, I recommended CMI stock as one of "10 Stocks to Buy Regardless of Q3 Earnings." Although the maker of gas-powered generators doesn't expect much sales growth in 2019, its EBITDA margin is likely to be 16.5% or more. As a result, you can be sure that it will have plenty of cash in the future to pay its generous dividend. Southwest Airlines (LUV)Source: Felipe_Sanchez / Shutterstock.com Southwest Airlines (NYSE:LUV), which sells tickets at reasonable prices and tends to rely on Boeing (NYSE:BA) aircraft for its fleet, beat its peers over the past year by 795 basis points and 376 basis points over the past five years. There's no question things are really dicey in the airline industry right now but Southwest is in the kind of financial position to ride it out.In April 2018, I recommended Southwest stock over Delta Airlines (NYSE:DAL) because it's a better operator in tough economic times. While a recession in 2020 doesn't look likely, I don't see how any of the airline stocks hold a candle to Southwest. * 4 Electric Car Stocks to Charge Your Portfolio It ought to be Warren Buffett's largest airline holding, but it's not. For Berkshire fans, that's a shame. Alibaba Group (BABA)Source: Colin Hui / Shutterstock.com Jack Ma co-founded Alibaba Group (NYSE:BABA) in 1999. It wasn't easy getting China's largest e-commerce company up and running. Somehow, the former teacher managed to push through. Today, Ma is the wealthiest person in China, worth an estimated $44 billion. He's been so successful -- Alibaba's 2019 revenues were $56.2 billion with $12 billion in net income and $15.6 billion in free cash flow -- that he has stepped away from the business to focus all his efforts on his charitable foundation. Only 55, Ma has lots of causes to keep himself busy these days.Meanwhile, the company continues to expand into various businesses outside its e-commerce core. These include financial services and the cloud. And by no means are these businesses dalliances. "Alibaba first started its move into fintech in 2004 with the launch of AliPay. What started out as a simple way to secure online payments for Alibaba platform users has now expanded to become part of Ant Financial, the financial branch of Alibaba and the key to the company's fintech ecosystem," InvestorPlace contributor Chris Markoch wrote last month. Alphabet (GOOG, GOOGL)Source: rvlsoft / Shutterstock.com Google co-founders Larry Page and Sergei Brin announced Dec. 3 that they were stepping down from their executive positions at Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), the holding company for its search engine business as well as all the other bets it's made over the past few years. Waymo, Google Fiber, Verily, Sidewalk Labs, and Calico are but a few. Now that Google CEO Sundar Pichai is taking over as Alphabet CEO, some see the changing of the guard as an opportunity for Alphabet to get out of some of the expensive so-called "moonshots" it has been working on the past few years. Money-losing experiments, to boot. Google stock rose 2% on the news Page and Brin were passing the baton. * 8 Battery Stocks That Will Seriously Power Your Portfolio "The question is, will they continue to spend money on these other bets? Under the new leadership, are they going to take a harder look at all of these businesses and start to try to focus more on ones that provide growth," said Daniel Morgan, a portfolio manager at Synovus Trust Company, which owns Alphabet shares worth over $100-million. "That would add extra excitement about the stock."Whether Pichai decides to unload some of the moonshots or not, Google still generates all of its $28 billion in annual free cash flow from its advertising revenues. That's not going to change. As long as it remains a leader in digital advertising, its stock remains worth owning for the next half-decade. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post 10 Stocks With Little or No Debt to Own for the Next 50 Years appeared first on InvestorPlace.

  • Hormel Foods Announces Retirement
    PR Newswire

    Hormel Foods Announces Retirement

    Hormel Foods Corporation (NYSE:HRL), a global branded food company, today announced the upcoming retirement of Jim Splinter, group vice president, corporate strategy. Splinter's long tenure with the company includes leading the company's successful Grocery Products division and holding executive positions with the Refrigerated Foods and Jennie-O Turkey Store divisions. Most recently, Splinter led corporate strategy for Hormel Foods, including corporate innovation, digital experience, communications and corporate development, including leading the M&A; pipeline, which resulted in several important acquisitions over the last few years. Under his leadership, Hormel Foods formed its digital and e-commerce center of excellence and its agile and incubator centers, resulting in the successful introduction of Happy Little Plants® brand, a plant-based protein product line currently in retail locations throughout the United States.

  • Hormel Foods to Host Live Virtual Concert Honoring the Graduating Class of 2020  Starring NBC's "The Voice" Runner-Up Chris Kroeze and performances by Singing Mayo Doctors Elvis Francois and William Robinson, ABC's "American Idol" finalist Dillon James, NBC's "America's Got Talent" Evie Clair, Ron Artis II and stars from Broadway Sean Yves Lessard, Christopher Henry Young and Ruby Lewis
    PR Newswire

    Hormel Foods to Host Live Virtual Concert Honoring the Graduating Class of 2020 Starring NBC's "The Voice" Runner-Up Chris Kroeze and performances by Singing Mayo Doctors Elvis Francois and William Robinson, ABC's "American Idol" finalist Dillon James, NBC's "America's Got Talent" Evie Clair, Ron Artis II and stars from Broadway Sean Yves Lessard, Christopher Henry Young and Ruby Lewis

    Hormel Foods, a global branded food company (NYSE: HRL), announced today that it will host its third virtual live concert, featuring Chris Kroeze, runner-up on Season 15 of NBC's Emmy-winning television show "The Voice," with additional performances from an exceptional slate of talented musicians throughout the event. The show will honor the class of 2020 graduates with ties to the company as well as celebrate the global team of 20,000 Hormel Foods team members.

  • The Makers of Hormel® Chili Announce Two New Pour Over Varieties Formulated for Chili Dogs
    PR Newswire

    The Makers of Hormel® Chili Announce Two New Pour Over Varieties Formulated for Chili Dogs

    The makers of Hormel® chili, America's iconic No. 1 selling chili brand, announced today the launch of two new chili pour overs – Chili Cheese and Coney Island – specially designed as chili dog toppings.

  • Barrons.com

    Meat Shortages Have Helped Beyond Meat Stock Soar. It Could Be Time to Sell.

    Meat shortages caused by Covid-19, combined with new product distribution agreements, have fueled the recent rally. Now, CFRA recommends selling the stock.

  • Hormel Claims It Has Kept COVID-19 Infections Below 3% at One Facility
    Motley Fool

    Hormel Claims It Has Kept COVID-19 Infections Below 3% at One Facility

    As meatpacking plants across the United States continue to be epicenters for local coronavirus outbreaks, Hormel Foods (NYSE: HRL) claims it may have found a fairly successfully formula for fighting the virus' spread in its facilities. In one recent example, the coronavirus infected 22%, or 555, of the workers at Tyson Foods' (NYSE: TSN) Storm Lake, Iowa, plant. Hormel scans the temperatures of workers not only on arrival, but also on departure, their method of doubling the chances of catching infections early and preventing community spread.

  • Here is What Hedge Funds Think About Hormel Foods Corporation (HRL)
    Insider Monkey

    Here is What Hedge Funds Think About Hormel Foods Corporation (HRL)

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]

  • Dan's Prize Announces Return of Furloughed Team Members
    PR Newswire

    Dan's Prize Announces Return of Furloughed Team Members

    Dan's Prize, LLC announced today it has begun contacting all of its 197 temporarily furloughed team members and expects to have them back to work within the next three weeks. Dan's Prize employs approximately 530 team members and is part of the Hormel Foods Corporation (NYSE: HRL) family of companies.

  • Barrons.com

    May’s Job Report Could Hamper Another Round of Economic Stimulus

    • The surprisingly strong employment report for May may hinder another round of coronavirus stimulus measures, according to analysts. • President Donald Trump hailed the surprisingly good unemployment numbers in a previously unscheduled news conference at the White House Friday morning. “We had a tremendous morning, a tremendous announcement,” Trump said.

  • Hormel’s $1 billion debt deal sees demand amid COVID-19 battle at meat processing plants
    MarketWatch

    Hormel’s $1 billion debt deal sees demand amid COVID-19 battle at meat processing plants

    Pork-products giant Hormel taps the corporate bond market to borrow $1 billion on Thursday, as the company and others work to tamp down new infections of COVID-19 at meat-processing plants.

  • Moody's

    Hormel Foods Corporation -- Moody's assigns A1 rating to Hormel's $1 billion notes offering

    Net proceeds from the new notes will be used for general corporate purposes, which Moody's anticipates will include acquisitions. The stable outlook reflects Moody's expectation that Hormel will sustain stable operating performance and a conservative financial profile even as it pursues growth through acquisitions.

  • GuruFocus.com

    Wednesday Morning Market Highlights

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