How much of Hormel Foods'stock is owned by insiders?
In the past three months, Hormel Foods insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,095,274.00 in company stock. Only 0.78% of the stock of Hormel Foods is held by insiders. 40.38% of the stock of Hormel Foods is held by institutions.
Should you hold Hormel Foods (HRL) stock?
The consensus among Wall Street analysts is that investors should "hold" Hormel Foods stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRL, but not buy additional shares or sell existing shares. View analyst ratings for Hormel Foods or view top-rated stocks.
Do analysts agree on Hormel Foods'(Hormel) price targets?
The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings. According to analysts' consensus price target of $45.25, Hormel Foods has a forecasted downside of 7.9% from its current price of $49.13. Hormel Foods has only been the subject of 3 research reports in the past 90 days.
Is Hormel Foods'dividend sustainable?
Hormel Foods pays a meaningful dividend of 2.13%, higher than the bottom 25% of all stocks that pay dividends. Hormel Foods has been increasing its dividend for 56 years. The dividend payout ratio of Hormel Foods is 62.65%. This payout ratio is at a healthy, sustainable level, below 75%.
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Is Hormel Foods a good stock to buy?
(Updated on Jul 22, 2022) The Hormel Foods Corporation stock price gained 0.66% on the last trading day (Friday, 22nd Jul 2022), rising from $47.28 to $47.59. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days.
Is Hormel Foods a publicly traded company?
Yes. We are traded on the New York Stock Exchange under the ticker symbol HRL.
What company owns Hormel?
48% of the shares of Hormel Foods Corporation are held by The Hormel Foundation, a nonprofit 501(c)(3) organization established in 1941 by George A. Hormel and his son, Jay C Hormel.
Is Hormel Foods owned by China?
Hormel Foods operates today in China through a wholly-owned subsidiary called Hormel (China) Investment Co., Ltd. Incorporated in Jiaxing, China. This company is now one of the leading suppliers of Western- and Chinese-style processed meats and peanut butter to retail and foodservice operators throughout China.
Is Hormel stock going to split?
Hormel Foods (HRL) has 4 splits in our Hormel Foods stock split history database. The first split for HRL took place on February 21, 1990....HRL Split History TableDateRatio02/10/20162 for 13 more rows
Does Tyson own Hormel Foods?
Hormel Foods's brand is ranked #578 in the list of Global Top 1000 Brands, as rated by customers of Hormel Foods. Their current market cap is $25.71B. Tyson Foods's brand is ranked #181 in the list of Global Top 1000 Brands, as rated by customers of Tyson Foods....Hormel Foods vs Tyson Foods.69%Promoters23%Detractors1 more row
Does Smithfield own Hormel?
US meat group Smithfield Foods is to acquire Hormel Foods' Clougherty Packing, the parent company of Farmer John and Saag's Specialty Meats, as well as two processing facilities and three farms.
Does Kraft own Hormel?
Kraft Heinz announced Thursday it has sold its Planters and its other nuts businesses to Spam maker Hormel for $3.35 billion. The cash deal includes most Planters products and the Corn Nuts brand.
What happened to Hormel?
The company changed its name to Hormel Foods Corporation in 1993, and uses the Hormel brand on many of its products; the company's other brands include Planters, Columbus Craft Meats, Dinty Moore, Jennie-O, and Skippy. The company's products are available in 80 countries. U.S.
Is Hormel meat from China?
Products sold in the United States by Hormel Foods are produced and packaged in the United States unless specified otherwise on the label. Hormel Foods operates processing facilities in China and Brazil. Any products made at those facilities are produced for Chinese and Brazilian consumers.
How much is the Hormel family worth?
Hormel Foods net worth as of July 19, 2022 is $25.87B.
Does China own any American meat companies?
But thanks to a recent $4.7 billion cash acquisition, Shuanghai International Holdings, the majority shareholder of Henan Shuanghui Investment & Development Co., China's largest meat processing enterprise, will now be the parent company of brands like Armour, Farmland and Healthy Ones.
Should I buy or sell Hormel Foods stock right now?
7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hormel Foods in the last twelve months. There are curren...
What is Hormel Foods' stock price forecast for 2022?
7 analysts have issued 12-month target prices for Hormel Foods' shares. Their HRL stock forecasts range from $44.00 to $57.00. On average, they pre...
How has Hormel Foods' stock performed in 2022?
Hormel Foods' stock was trading at $48.81 at the start of the year. Since then, HRL shares have decreased by 6.1% and is now trading at $45.84. Vi...
When is Hormel Foods' next earnings date?
Hormel Foods is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022. View our earnings forecast for Horm...
How were Hormel Foods' earnings last quarter?
Hormel Foods Co. (NYSE:HRL) posted its quarterly earnings results on Thursday, June, 2nd. The company reported $0.48 EPS for the quarter, topping a...
How often does Hormel Foods pay dividends? What is the dividend yield for Hormel Foods?
Hormel Foods declared a quarterly dividend on Monday, May 23rd. Stockholders of record on Monday, July 11th will be paid a dividend of $0.26 per sh...
Is Hormel Foods a good dividend stock?
Hormel Foods(NYSE:HRL) pays an annual dividend of $1.04 per share and currently has a dividend yield of 2.27%. Hormel Foods has been increasing its...
When did Hormel Foods' stock split? How did Hormel Foods' stock split work?
Shares of Hormel Foods split before market open on Wednesday, February 10th 2016. The 2-1 split was announced on Wednesday, November 25th 2015. The...
What guidance has Hormel Foods issued on next quarter's earnings?
Hormel Foods updated its FY 2022 earnings guidance on Thursday, June, 9th. The company provided EPS guidance of $1.87-$1.97 for the period, compare...
How to calculate money flow?
How long are futures trading delayed?
Money flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an "uptick" in price and the value of trades made on a "downtick" in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes.
How to calculate restricted stock?
Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.
How often do exchanges report short interest?
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.
What is dividend percentage?
Percentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.
How to calculate P/E?
A company's dividend expressed as a percentage of its current stock price.
What is trailing twelve month net income?
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period.
What is MarketBeat community ratings?
A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding.
How long has Hormel Foods been dividend increasing?
MarketBeat's community ratings are surveys of what our community members think about Hormel Foods and other stocks. Vote “Outperform” if you believe HRL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HRL will underperform the S&P 500 over the long term. You may vote once every thirty days.
What is the dividend payout ratio for Hormel Foods?
Hormel Foods has been increasing its dividend for 53 years.
How much does Hormel pay dividends?
Based on earnings estimates, Hormel Foods will have a dividend payout ratio of 50.78% next year. This indicates that Hormel Foods will be able to sustain or increase its dividend. View Hormel Foods' dividend history.
How much does Hormel make?
Hormel Foods pays an annual dividend of $0.98 per share and currently has a dividend yield of 2.03%. Hormel Foods has been increasing its dividend for 53 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Hormel Foods is 59.04%.
What is Hormel Foods?
Hormel Foods has a market capitalization of $26.18 billion and generates $9.61 billion in revenue each year. The company earns $908.08 million in net income (profit) each year or $1.66 on an earnings per share basis.
What is the stock symbol for Hormel?
It operates through the following segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International and Other. The Grocery Products segment consists primarily of the processing, marketing, and sale of shelf-stable food products sold in the retail market. The Refrigerated Foods segment involves in the processing, marketing, and sale of branded and unbranded pork, beef, and poultry products for retail, foodservice, deli, and commercial customers. The Jennie-O Turkey Store segment includes processing, marketing, and sale of branded and unbranded turkey products for retail, foodservice, and fresh product customers. The International and Other segment comprises Hormel Foods International which manufactures, markets, and sells Company products internationally. The company was founded by George A. Hormel in 1891 and is headquartered in Austin, MN.
