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Hormel Foods (HRL) Stock

Profile

Country:

United States

IPO:

17 March 1980

Indexes:

Description:

Hormel Foods Corporation is an American food industry company headquartered in Austin, Minnesota, founded in 1891. It specializes in the production of various meat and food products. The company's brands include Skippy peanut butter, SPAM meat, Dinty Moore stewed meat, Wholly Guacamole sauces, Jennie-O turkey, and numerous meat products under the Hormel brand. Hormel Foods Corporation has a significant customer base. In the US, distribution is carried out in all 50 states. At the international level, the company sells its products through its international subsidiary Hormel Foods in Australia, Brazil, Canada, China, Japan, and the Philippines.

Key Details

Price

$31.71

TTM Dividend Yield

3.56%(+3.49% YoY)

PE Ratio

22.33(+1.87% YoY)

Beta

0.16

Events Calendar

Earnings

Next earnings date:

Dec 04, 2024

Recent quarterly earnings:

Sept 04, 2024

Recent annual earnings:

Nov 29, 2023
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 15, 2024
Splits

Next split:

N/A

Recent split:

Feb 10, 2016

Analyst ratings

Recent major analysts updates

19 Nov '24 Citigroup
Buy
13 Aug '24 Citigroup
Buy
31 May '24 Stephens & Co.
Equal-Weight
31 May '24 JP Morgan
Neutral
31 May '24 Citigroup
Neutral
01 Mar '24 JP Morgan
Underweight
01 Mar '24 Goldman Sachs
Sell
01 Mar '24 Barclays
Equal-Weight
01 Feb '24 Citigroup
Neutral
12 Jan '24 Piper Sandler
Neutral

Market Data

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Institutional Ownership

Hormel Foods Boosts Shareholder Value With Dividend Increase
Hormel Foods Boosts Shareholder Value With Dividend Increase
Hormel Foods Boosts Shareholder Value With Dividend Increase
HRL
zacks.com26 November 2024

HRL's plan to raise dividends every year not only boosts the income of shareholders but also strengthens their trust in the company.

1 Dividend Growth Stock Down 45% to Buy Right Now
1 Dividend Growth Stock Down 45% to Buy Right Now
1 Dividend Growth Stock Down 45% to Buy Right Now
HRL
fool.com16 November 2024

One dividend growth stock has dropped by 45% and is a good buy at the moment.

Hormel Foods Announces 2024 Class of Hormel Heroes Scholarship Recipients
Hormel Foods Announces 2024 Class of Hormel Heroes Scholarship Recipients
Hormel Foods Announces 2024 Class of Hormel Heroes Scholarship Recipients
HRL
prnewswire.com11 November 2024

Two students with military experience have received $10,000 scholarships to help them follow careers in culinary arts and foodservice management. Hormel Foods Corporation, a well-known global food company, announced the winners of this year's Hormel Heroes Scholarships on November 11, 2024.

Hormel Foods Corporation to Hold Fourth Quarter Earnings Conference Call
Hormel Foods Corporation to Hold Fourth Quarter Earnings Conference Call
Hormel Foods Corporation to Hold Fourth Quarter Earnings Conference Call
HRL
prnewswire.com08 November 2024

AUSTIN, Minn., Nov. 8, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global food company, is inviting those interested to join a webcast and conference call. The call will feature Jim Snee, the chairman and CEO, along with other executives, to talk about the company's financial results for the fourth quarter and the entire year, as well as their plans for transformation and modernization.

Makers of the JENNIE-O® Brand to open 1-800-TURKEYS Nov. 1 for the 17th Consecutive Year
Makers of the JENNIE-O® Brand to open 1-800-TURKEYS Nov. 1 for the 17th Consecutive Year
Makers of the JENNIE-O® Brand to open 1-800-TURKEYS Nov. 1 for the 17th Consecutive Year
HRL
prnewswire.com17 October 2024

Consumers can get help with turkey-related questions by calling, using live chat at jennieo.com/hotline/, or texting "TURKEY" to 73876. On October 17, 2024, the JENNIE-O turkey brand announced that their 1-800-TURKEYS hotline will be available for the 17th year in a row, starting on November 1. This service is designed to assist people with their holiday meal planning and preparations.

3 Millionaire-Maker Dividend King Food Stocks
3 Millionaire-Maker Dividend King Food Stocks
3 Millionaire-Maker Dividend King Food Stocks
HRL
fool.com13 October 2024

Food companies might seem dull, but they can still help you build wealth. Here are three that you should pay attention to at the moment.

3 Magnificent Dividend Stocks That I'm "Never" Selling
3 Magnificent Dividend Stocks That I'm "Never" Selling
3 Magnificent Dividend Stocks That I'm "Never" Selling
HRL
fool.com12 October 2024

Although "never" is a long period, there are indeed some companies that are worth that level of loyalty.

THE MAKERS OF HERDEZ® BRAND BRING HOUSE OF HERITAGE, A VIBRANT AND INTERACTIVE EXPERIENCE IN NEW YORK CITY, IN CELEBRATION OF HISPANIC HERITAGE MONTH
THE MAKERS OF HERDEZ® BRAND BRING HOUSE OF HERITAGE, A VIBRANT AND INTERACTIVE EXPERIENCE IN NEW YORK CITY, IN CELEBRATION OF HISPANIC HERITAGE MONTH
THE MAKERS OF HERDEZ® BRAND BRING HOUSE OF HERITAGE, A VIBRANT AND INTERACTIVE EXPERIENCE IN NEW YORK CITY, IN CELEBRATION OF HISPANIC HERITAGE MONTH
HRL
prnewswire.com07 October 2024

The creators of the popular HERDEZ® salsa are offering New Yorkers a memorable event that combines art, Mexican food, and the delicious taste of their salsa at Chelsea Market. To celebrate Hispanic Heritage Month, they will launch the House of Heritage on October 10, 2024, in New York City's Meatpacking District. HERDEZ® salsa is the top-selling salsa brand in Mexico.

HORMEL® Ghost Reaper Chili with Beans Returns, Featuring 2 of the World's Hottest Peppers
HORMEL® Ghost Reaper Chili with Beans Returns, Featuring 2 of the World's Hottest Peppers
HORMEL® Ghost Reaper Chili with Beans Returns, Featuring 2 of the World's Hottest Peppers
HRL
prnewswire.com03 October 2024

Due to popular request and for a short period, HORMEL® Chili is bringing back its spiciest chili flavor. AUSTIN, Minn. , Oct. 3, 2024 /PRNewswire/ -- With the weather getting cooler, the producers of HORMEL® Chili, the top chili brand in America, are excited to announce this return.

Makers of COLUMBUS® Craft Meats Launch New Products to Elevate Holiday Entertaining
Makers of COLUMBUS® Craft Meats Launch New Products to Elevate Holiday Entertaining
Makers of COLUMBUS® Craft Meats Launch New Products to Elevate Holiday Entertaining
HRL
prnewswire.com01 October 2024

The makers of COLUMBUS® Craft Meats have launched two new Charcuterie Trios, Craft Nuts, and a Tasting Board, while also bringing back the popular Secchi Salami at retailers across the country. This announcement was made on October 1, 2024, in Austin, Minnesota. These seven new products aim to enhance holiday gatherings and offer delicious snacking choices.

FAQ

  • What is the primary business of Hormel Foods?
  • What is the ticker symbol for Hormel Foods?
  • Does Hormel Foods pay dividends?
  • What sector is Hormel Foods in?
  • What industry is Hormel Foods in?
  • What country is Hormel Foods based in?
  • When did Hormel Foods go public?
  • Is Hormel Foods in the S&P 500?
  • Is Hormel Foods in the NASDAQ 100?
  • Is Hormel Foods in the Dow Jones?
  • When was Hormel Foods's last earnings report?
  • When does Hormel Foods report earnings?
  • Should I buy Hormel Foods stock now?

What is the primary business of Hormel Foods?

Hormel Foods Corporation is an American food industry company headquartered in Austin, Minnesota, founded in 1891. It specializes in the production of various meat and food products. The company's brands include Skippy peanut butter, SPAM meat, Dinty Moore stewed meat, Wholly Guacamole sauces, Jennie-O turkey, and numerous meat products under the Hormel brand. Hormel Foods Corporation has a significant customer base. In the US, distribution is carried out in all 50 states. At the international level, the company sells its products through its international subsidiary Hormel Foods in Australia, Brazil, Canada, China, Japan, and the Philippines.

What is the ticker symbol for Hormel Foods?

The ticker symbol for Hormel Foods is NYSE:HRL

Does Hormel Foods pay dividends?

Yes, Hormel Foods pays dividends. The last payment was $0.28, with an ex-dividend date on 15 October 2024

What sector is Hormel Foods in?

Hormel Foods is in the Consumer Defensive sector

What industry is Hormel Foods in?

Hormel Foods is in the Packaged Foods industry

What country is Hormel Foods based in?

Hormel Foods is headquartered in United States

When did Hormel Foods go public?

Hormel Foods's initial public offering (IPO) was on 17 March 1980

Is Hormel Foods in the S&P 500?

Yes, Hormel Foods is included in the S&P 500 index

Is Hormel Foods in the NASDAQ 100?

No, Hormel Foods is not included in the NASDAQ 100 index

Is Hormel Foods in the Dow Jones?

No, Hormel Foods is not included in the Dow Jones index

When was Hormel Foods's last earnings report?

Hormel Foods's most recent earnings report was on 4 September 2024

When does Hormel Foods report earnings?

The next expected earnings date for Hormel Foods is 4 December 2024

Should I buy Hormel Foods stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions