HRL - Hormel Foods Corporation

NYSE - NYSE Delayed Price. Currency in USD
45.34
-0.42 (-0.92%)
At close: 4:02PM EST
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Previous Close45.76
Open45.79
Bid45.22 x 900
Ask45.37 x 1100
Day's Range45.32 - 45.84
52 Week Range37.00 - 45.84
Volume2074025
Avg. Volume2,260,344
Market Cap24B
Beta (3Y Monthly)0.06
PE Ratio (TTM)25.19
EPS (TTM)1.80
Earnings DateFeb 19, 2020 - Feb 24, 2020
Forward Dividend & Yield0.93 (2.03%)
Ex-Dividend Date2020-01-10
1y Target Est40.18
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  • Hormel Foods Up on Refrigerated Foods Unit, Cost Woes Linger
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    Hormel Foods Up on Refrigerated Foods Unit, Cost Woes Linger

    Hormel Foods' (HRL) Refrigerated Foods unit has been aiding performance for a while now. However, global trade uncertainty and the African swine fever are leading to input cost inflation.

  • Hormel Foods Corporation Just Released Its Yearly Earnings: Here's What Analysts Think
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    Hormel Foods Corporation Just Released Its Yearly Earnings: Here's What Analysts Think

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  • Benzinga

    Hormel Analyst Stays Neutral After Mixed Q4 Print

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  • The Makers of the Hormel® Cure 81® Brand Donate Hams for Thanksgiving Meals to Help Others
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    The Makers of the Hormel® Cure 81® Brand Donate Hams for Thanksgiving Meals to Help Others

    Hormel Foods Corporation (NYSE: HRL), the makers of the Hormel® Cure 81® brand, announced today that it has donated 900 boneless half hams to Conscious Alliance to help others in need this Thanksgiving. Conscious Alliance recently distributed the hams in meal boxes for members of Pine Ridge Indian Reservation in South Dakota.

  • Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues
    PR Newswire

    Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues

    Hormel Foods Corporation (NYSE: HRL), a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried employees during this 81st consecutive grant. This year, the average distribution per employee was a record amount. The grant amount varies each year depending on the company's performance and number of eligible employees, and in the last ten years has ranged from $14 million to $17 million annually. The profit sharing program was started by Jay C. Hormel in 1938 and is voluntarily paid at the discretion of the company's Board of Directors and has become an annual Thanksgiving Eve tradition.

  • Thomson Reuters StreetEvents

    Edited Transcript of HRL earnings conference call or presentation 26-Nov-19 2:00pm GMT

    Q4 2019 Hormel Foods Corp Earnings Call

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    Hormel Foods (HRL) Q4 Earnings Match Estimates, Sales Miss

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  • MarketWatch

    Hormel reports earnings beat but sales miss

    Hormel Foods Corp. reported fourth quarter net income of $255.5 million, or 47 cents per share, down from $261.4 million, or 48 cents per share, last year. Sales of $2.50 billion were down slightly from $2.52 billion last year. The FactSet consensus is for EPS of 46 cents and sales of $2.51 billion. Hormel expects fiscal 2020 sales of $9.50 billion to $10.30 billion and EPS of $1.69 to $1.83. FactSet is guiding for sales of $9.74 billion and EPS of $1.76. Hormel is building a dry sausage production facility for its Columbus charcuterie products, which is expected to be operational in early fiscal 2021. Hormel's portfolio also includes Spam, Skippy peanut butter, and Applegate. Hormel stock is down 6.5% for the past year while the S&P 500 index is up 17.2% for the period.

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  • Hormel Foods Donates 80,000 Pounds of Food to Support the KARE 11 Food Fight
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    Hormel Foods Donates 80,000 Pounds of Food to Support the KARE 11 Food Fight

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  • Hormel Foods And Jennie-O Turkey Store Partnered With Celebrity Chef And "Hell's Kitchen" Winner Christina Machamer To Provide An Early Thanksgiving To Northern California Area Emergency Responders
    PR Newswire

    Hormel Foods And Jennie-O Turkey Store Partnered With Celebrity Chef And "Hell's Kitchen" Winner Christina Machamer To Provide An Early Thanksgiving To Northern California Area Emergency Responders

    NAPA, Calif., Nov. 18, 2019 /PRNewswire/ -- Moved by the work of the firefighters and CERT volunteers during the recent and ongoing wildfires in California, Hormel Foods Corporation (HRL), a global branded food company, and Jennie-O Turkey Store partnered with the Napa County Office of Emergency Services and Napa Valley celebrity chef Christina Machamer to honor and host a Thanksgiving luncheon for the Community Emergency Response Team (CERT) yesterday.

  • Factors to Watch Ahead of Hormel Foods' (HRL) Q4 Earnings
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    Factors to Watch Ahead of Hormel Foods' (HRL) Q4 Earnings

    Hormel Foods' (HRL) fourth0quarter fiscal 2019 results are expected to reflect challenges in the Turkey segment and input cost inflation. The Refrigerated Foods segment has likely witnessed growth.

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    [Editor's note: "9 Super-Safe-Growth Stocks for Long-Lasting Dividends" was previously published in October 2019. It has since been updated to include the most relevant information available.]When the stock market marches higher, it pushes the prices of many companies higher along with it. But as investors bid up good and bad businesses alike, that can make it hard to discern which companies are the best dividend stocks for long-term investors.In this income-centric world, income-starved investors face great temptation to reach for high-dividend stocks that offer juicy yields. 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Over the years, Lowe's has developed an extensive line of thousands of products for maintenance, repair, remodeling and decorating across lumber and building materials, tools and hardware, lawn and garden, paint, kitchens, outdoor power equipment and home fashion categories.The company serves a wide spectrum of "do-it-yourself" and "do-it-for-me" customers, including homeowners, renters and professional contractors from different construction trades.A large footprint of conveniently located stores across the U.S., an extensive range of products, a well-known brand and a diversified customer base are Lowe's key competitive advantages.The home improvement industry is also poised to grow as consumer confidence remains high, employment continues rising and home prices climb higher. This should lead to better growth prospects for the company and its dividend.Lowe's has an impeccable record of not only paying but also increasing its dividend since 1961, growing it by over 20% annually in the last five years. Lowe's price-earnings (P/E) ratio of 34.6 seems reasonable for a company of this quality. Honeywell International (HON)Source: josefkubes / Shutterstock.com Dividend Yield: 2% YTD Gain: 38%Honeywell International (NYSE:HON) is a diversified global technology and manufacturing company supplying industrial products, software and services to a diversified set of customers. Honeywell operates through four segments: aerospace; home and building technologies; performance materials and technologies and safety and productivity solutions.The company serves customers through a wide variety of products and services in aerospace, control, sensing and security. It also sells specialty chemicals and advanced materials as well as energy efficiency products.Simply put, Honeywell has invented key technologies that address some of the world's most critical challenges around energy, safety, security, productivity and urbanization. With a broad portfolio of physical products and software, the company has uniquely positioned itself to sell comprehensive solutions for homes and businesses across many industries.A broad portfolio of technology, extensive products and services, a global distribution network, and a presence in growing areas like the Internet of Things and energy efficiency are Honeywell's key strengths. * 7 Tech Stocks to Buy for the Rest of 2019 A track record of strong financial performance and a healthy payout ratio have enabled the company to grow its dividend by 13% per year over the last five years. Honeywell has paid uninterrupted dividends for more than two decades. Apple (AAPL)Source: NYC Russ / Shutterstock.com Dividend Yield: 1.17% YTD Gain: 67%Apple (NASDAQ:AAPL) is one of the world's most valuable companies and one of the largest positions in Warren Buffett's dividend stock portfolio.Apple is the world's second-largest smartphone company, accounting for more than 10% of the global market share. The iPhone, iPad, Mac, Apple Watch and Apple TV are Apple's key products, with the iPhone representing over the majority of its 2018 sales. These products are globally recognized for their high quality, premium brand and ease-of-use, allowing Apple to enjoy substantial pricing power.In addition, the company also owns a portfolio of consumer and professional software such as iOS, macOS, watchOS and tvOS operating systems that act as key differentiators. Apple's products and solutions are known for their innovative design, user-friendly experience and seamless integration.All these innovative products have established Apple's supremacy in the mobile space, and the company invests around 5% of its revenues on R&D activities to stay ahead of competitors.Moreover, only Apple devices run iOS, which means that if customers want to remain within the Apple ecosystem, they must continue buying iOS devices. This results in sticky customer relationships. Its sales of games, music and other digital content through the iTunes store is another high-margin cash flow stream that keeps growing every year.A leading brand name, global geographical presence, impressive product portfolio and super-sticky customer relationships have helped form a huge moat around Apple's business.Apple started paying dividends again in 2012 and it has seen its payout grow by approximately 11% annually over the last three years.Given Apple's leading market share, loyal customers, innovative products and hoard of cash on the balance sheet, the company should continue raising its dividend at a strong pace in the future as well. Medtronic (MDT)Source: JHVEPhoto / Shutterstock.com Dividend Yield: 2.00% YTD Gain: 20%Medtronic (NYSE:MDT) is a leading medical technology, services and solutions company serving hospitals, physicians, clinicians and patients worldwide. It owns a portfolio of medical products, therapies and procedures for a wide range of medical disciplines.Medtronic's operating segments are classified into cardiac and vascular, minimally invasive therapies, restorative therapies and diabetes groups. The U.S. is Medtronic's largest market, followed by Western Europe, Japan and emerging markets.With nearly seven decades of existence, Medtronic has developed a strong reputation globally and claims to improve the lives of two people every second. Some of Medtronic's key innovations include the world's smallest pacemaker and artificial pancreas.As a leader in medical technology and solutions, Medtronic stands to benefit from growing healthcare needs as the global population ages. The business also benefits from meaningful barriers to entry created by various regulations from the U.S. Food and Drug Administration and other government agencies.Thanks to its product innovation and conservative management, the company has increased its dividend for 40 years in a row and last raised its dividend by 8% in June. * 7 Tech Stocks to Buy for the Rest of 2019 Given the company's technology leadership and unmatched breadth and scale, Medtronic should be able to continue its dividend growth streak at a high-single-digit rate going forward. Investors can learn more about Medtronic's competitive advantages and business profile here. Texas Instruments (TXN)Source: Katherine Welles / Shutterstock.com Dividend Yield: 3% YTD Gain: 25%Texas Instruments (NASDAQ:TXN) is one of the largest designers and sellers of semiconductors globally. It develops analog integrated circuits and embedded processors that are subsequently sold to electronics manufacturers.The company's product portfolio consists of tens of thousands of products that are used to accomplish many different things, such as converting and amplifying signals, interfacing with other devices and managing and distributing power.Texas Instruments' focus on these segments provides a combination of stability and strong cash generation, owing to the products' long product life cycles and low capital-intensive manufacturing.Leading industry products, a diverse portfolio, unique technologies and manufacturing scale and a strong reputation enable Texas Instruments to generate stable and recurring cash flows.As a result, Texas Instruments has paid uninterrupted dividends since 1962 and it has recorded an impressive annual dividend growth rate of approximately 34.2% over the last three years.Last year marked the company's 14th consecutive year of dividend increases, wherein Texas Instruments raised its dividend by nearly 25%.Given its predictable cash flow generation, impressive dividend track record and reasonable payout ratio,, the company should be able to continue rewarding shareholders with double-digit dividend growth in the years ahead. Costco Wholesale (COST)Source: Helen89 / Shutterstock.com Dividend Yield: 0.9% YTD Gain: 49%Costco Wholesale (NASDAQ:COST) is a membership warehouse club with more than 500 U.S. store locations that provide merchandise at low prices to its members. Costco sells a wide range of products, including packaged foods, groceries, appliances, cleaning supplies, clothing and electronics.The company is the world's second-largest retailer by sales and it generates the majority of its sales in North America. Costco's membership base is growing with a renewal rate of over 90% as of its December 2018 quarter.Over its 35 years of existence, Costco has succeeded in providing a great customer experience by blending together the convenience of specialty departments and a selection of wide merchandise at affordable prices. It has become a trusted name owing to its low cost and quality merchandise.The company buys directly from many producers of national brand-name merchandise and sends products directly to its warehouses, eliminating multi-step distribution costs. High sales volumes, rapid inventory turnover, efficient distribution and self-service warehouse facilities also ensure high operational efficiency. * 7 Tech Stocks to Buy for the Rest of 2019 A large and loyal customer base, economies of scale, a diverse mix of merchandise, and strategically-located warehouses are Costco's major competitive advantages.Analysts expect Costco's sales growth to sit in the mid-single-digits range over the long-term, which could result in 8%-9% annual earnings growth in the coming years. Costco could, therefore, continue its solid pace of dividend growth. American Tower (AMT)Source: Pavel Kapysh / Shutterstock.com Dividend Yield: 1.7% YTD Gain: 33%American Tower (NYSE:AMT) is a leading owner, operator and developer of multitenant communications real estate. The company was formed in 1995 as a unit of American Radio Systems and it was spun off in 1998 when that company merged with CBS Corporation.American Tower reports its results in five segments U.S. (59% of 2016 sales), Asia (14%), EMEA (9%) and Latin America (17%) property, and services (1%). It owns a portfolio of over 170,000 communications sites.American Tower leases space on its communications sites to wireless service providers, radio and television broadcast companies, government agencies and tenants in a number of industries. Its top tenants include well-known names like AT&T (NYSE:T), Verizon Communications (NYSE:VZ), T-Mobile US (NASDAQ:TMUS) and Sprint (NYSE:S).The real estate investment trust derives most of its revenue from tenant leases, which typically have an initial non-cancellable term of ten years with multiple renewal terms, as well as provisions for annual price increases. It is difficult for tenants to find suitable alternative sites and as such the lease renewal rates are generally high.Moreover, the incremental operating costs associated with adding new tenants to an existing communications site are relatively low and annual capital expenditures to maintain communications sites are also not high. All these factors provide high cash-flow visibility and excellent profitability for American Tower.American Tower should keep growing its earnings as demand for wireless services and data grows in the coming years. A global asset base, recession-proof demand for its sites, long-standing relationships with customers and low cash-flow volatility provide a moat around American Tower's business.Simply put, wireless tower companies possess many attractive qualities. That's probably why Crown Castle International (CCI), one of American Tower's peers, is a position in Bill Gates' dividend stock portfolio.Given American Tower's history of double-digit growth in property revenue and the near-tripling of its dividend in just the past five years, shareholders can likely expect at least 20% annual dividend growth in the years ahead. Becton, Dickinson and Company (BDX)Source: Shutterstock Dividend Yield: 1.23% YTD Gain: 9%Becton, Dickinson and Company (NYSE:BDX) is a global medical technology company engaged in the development, manufacture and sale of a broad range of medical supplies, devices, laboratory equipment and diagnostic products. The company uses independent distribution channels to distribute its products both in the U.S. and internationally.Europe, EMA, Greater Asia, Latin America and Canada are Becton Dickinson's major international markets. Becton Dickinson is also growing its presence in emerging markets.The company has major R&D facilities located in North America, China, France, India, Ireland and Singapore. BDX's customer base is also quite diverse, ranging from healthcare institutions, life science researchers and the pharmaceutical industry to clinical laboratories and the general public.Diversification across geographies, customers and products, strong R&D capabilities and a portfolio of successful brands are Becton Dickinson's key competitive advantages. With more than a century's worth of operating experience, the company is known for providing integrated products and services that seamlessly support healthcare providers across care areas. * 7 Next-Gen Growth Stocks to Buy for Long-Term Gains Its acquisition of C.R. Bard is also expected to create a stronger company in the future.Becton Dickinson is a dividend aristocrat with 46 years of consecutive dividend growth. It has grown its dividend at an impressive 10% compound annual growth rate over the last five years. Automatic Data Processing (ADP)Source: Shutterstock Dividend Yield: 1.9% YTD Gain: 29%Automatic Data Processing (NASDAQ:ADP) is a top global provider of cloud-based Human Capital Management (HCM) solutions, and a leader in business outsourcing services, analytics and compliance expertise.Automatic Data Processing's business can be categorized into two reportable segments -- Employer Services and Professional Employer Organization Services. By geography, the U.S. is its largest market, accounting for most of its revenues followed by Europe, Canada and other .Automatic Data Processing provides a host of services ranging from recruitment to talent management to retirement that help customers improve their business results and alleviate the pain from non-core, administrative tasks.The company serves over hundreds of thousands of clients ranging from small and mid-sized to large organizations operating in more than 110 countries around the world. It caters to the needs of more than 70% of the Fortune 500 companies.Automatic Data Processing is responsible for making payments to approximately one out of every six U.S. workers and nearly 13 million workers internationally. In addition, its mobile applications enable over 10 million of its clients' employees to easily access to their HR information.With six decades of experience, Automatic Data Processing has developed deep insights and cutting-edge technologies that have transformed human resources from a back-office administrative function to a strategic business advantage.A client-centric approach, long-standing customer relationships, extensive experience in payroll services and a growing demand for cloud platforms are Automatic Data Processing's biggest advantages.The company has raised its dividend for 43 years in a row.As of this writing, Brian Bollinger was long LOW, MDT, AMT, BDX, and ADP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Aristocrat Stocks to Buy Now No Matter What * 7 Stocks to Buy to Ride the Vegan Wave * 4 Safe Stocks to Buy Amid Trade War Turbulence The post 9 Super-Safe-Growth Stocks for Long-Lasting Dividends appeared first on InvestorPlace.

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    PR Newswire

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    Well-known chefs, influencers and bloggers partner with Jennie-O Turkey Store to help hosts avoid disaster this holiday season WILLMAR, Minn. , Nov. 12, 2019 /PRNewswire/ -- Jennie-O Turkey Store, a wholly ...