J. M. Smucker (NYSE:SJM – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 9.850-10.150 for the period, compared to the consensus estimate of 9.890. The company issued revenue guidance of $8.8 billion-$8.8 billion, compared to the consensus revenue estimate of $8.8 billion.
Analysts Set New Price Targets
A number of research firms have recently commented on SJM. TD Cowen lowered shares of J. M. Smucker from a “buy” rating to a “hold” rating and dropped their price target for the company from $130.00 to $121.00 in a research report on Wednesday, January 8th. Stifel Nicolaus decreased their price target on shares of J. M. Smucker from $125.00 to $120.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Barclays decreased their price target on shares of J. M. Smucker from $126.00 to $123.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 4th. Finally, Wells Fargo & Company boosted their target price on shares of J. M. Smucker from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, J. M. Smucker has a consensus rating of “Hold” and an average price target of $126.63.
Get Our Latest Report on J. M. Smucker
J. M. Smucker Stock Up 1.4 %
J. M. Smucker (NYSE:SJM – Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.24. The business had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.23 billion. J. M. Smucker had a net margin of 5.96% and a return on equity of 14.35%. On average, research analysts expect that J. M. Smucker will post 9.88 earnings per share for the current fiscal year.
J. M. Smucker Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $1.08 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.32 annualized dividend and a yield of 3.90%. J. M. Smucker’s dividend payout ratio (DPR) is -179.25%.
Insider Buying and Selling
In other J. M. Smucker news, CFO Tucker H. Marshall sold 994 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $113.00, for a total transaction of $112,322.00. Following the completion of the sale, the chief financial officer now directly owns 18,734 shares of the company’s stock, valued at approximately $2,116,942. The trade was a 5.04 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.40% of the stock is owned by corporate insiders.
J. M. Smucker Company Profile
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.
See Also
- Five stocks we like better than J. M. Smucker
- How to Profit From Growth Investing
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- How to Invest in the Best Canadian Stocks
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- ETF Screener: Uses and Step-by-Step Guide
- MarketBeat Week in Review – 02/24 – 02/28
Receive News & Ratings for J. M. Smucker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J. M. Smucker and related companies with MarketBeat.com's FREE daily email newsletter.