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Hormel Foods (HRL) Stock

Profile

Full Name:

Hormel Foods Corporation

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

$29.48

TTM Dividend Yield

3.86%(+7.52% YoY)

Annual Revenue

$11.92 B(-1.56% YoY)

Annual EPS

$1.47(+1.38% YoY)

PE Ratio

20.19(-4.31% YoY)

Beta

0.11

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Dec 04, 2024

Recent annual earnings:

Dec 04, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 13, 2025
Splits

Next split:

N/A

Recent split:

Feb 10, 2016

Analyst ratings

Recent major analysts updates

22 Jan '25 Barclays
Overweight
21 Jan '25 Barclays
Equal-Weight
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

Market Data

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Institutional Ownership

3 Dividend Stocks to Double Up on Right Now
3 Dividend Stocks to Double Up on Right Now
3 Dividend Stocks to Double Up on Right Now
HRL
fool.com31 January 2025

Dividends are a great way to earn passive income. The positive aspect is that many stocks not only provide quarterly dividends but have also consistently raised their payments over the years.

Hormel Foods To Hold Virtual 2025 Annual Meeting of Stockholders
Hormel Foods To Hold Virtual 2025 Annual Meeting of Stockholders
Hormel Foods To Hold Virtual 2025 Annual Meeting of Stockholders
HRL
prnewswire.com21 January 2025

AUSTIN, Minn., Jan. 21, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a well-known global food company, has announced that it will hold its 2025 Annual Meeting of Stockholders online.

Hormel Foods Announces Retirement of Brian Johnson, Vice President and Corporate Secretary
Hormel Foods Announces Retirement of Brian Johnson, Vice President and Corporate Secretary
Hormel Foods Announces Retirement of Brian Johnson, Vice President and Corporate Secretary
HRL
prnewswire.com20 January 2025

AUSTIN, Minn., Jan. 20, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a well-known global food company, has announced that Brian Johnson, the vice president and corporate secretary, will soon be retiring.

Hormel Foods Provides Over $2M in Products and Disaster Relief Support for California Wildfires
Hormel Foods Provides Over $2M in Products and Disaster Relief Support for California Wildfires
Hormel Foods Provides Over $2M in Products and Disaster Relief Support for California Wildfires
HRL
prnewswire.com17 January 2025

Hormel Foods Corporation, a global food company, is working with MegaMex Foods, the creators of brands like WHOLLY® GUACAMOLE and LA VICTORIA®, to help communities affected by disasters. On January 17, 2025, the company announced its dedication to providing support in Southern California, where wildfires are causing significant damage. They aim to assist the areas where their employees live and work.

Hormel CEO Snee to Retire Later This Year
Hormel CEO Snee to Retire Later This Year
Hormel CEO Snee to Retire Later This Year
HRL
investopedia.com14 January 2025

Hormel Foods (HRL) announced on Tuesday that CEO James Snee intends to retire at the conclusion of fiscal 2025.

Hormel Foods' long-time CEO James Snee to retire
Hormel Foods' long-time CEO James Snee to retire
Hormel Foods' long-time CEO James Snee to retire
HRL
reuters.com14 January 2025

On Tuesday, Hormel Foods announced that its CEO, James Snee, will retire at the end of 2025, after almost nine years in charge.

Hormel Foods Chairman, President and CEO James P. Snee to Retire at End of Fiscal Year
Hormel Foods Chairman, President and CEO James P. Snee to Retire at End of Fiscal Year
Hormel Foods Chairman, President and CEO James P. Snee to Retire at End of Fiscal Year
HRL
prnewswire.com14 January 2025

AUSTIN, Minnesota, January 14, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a well-known global food company listed in the Fortune 500, has announced today that James P.

Got $1,000? 3 Dividend Stocks to Buy Now While They're on Sale
Got $1,000? 3 Dividend Stocks to Buy Now While They're on Sale
Got $1,000? 3 Dividend Stocks to Buy Now While They're on Sale
HRL
fool.com09 January 2025

The market is close to its highest levels ever, but there are still some stocks that are available at lower prices. For example, Vici Properties (VICI) has dropped almost 15% from its highest point in the last year, along with Dividend Kings Coca-Cola (KO) and Hormel Foods (HRL).

This High-Yield Stock Is My Worst-Performing Investment and I Still Love It
This High-Yield Stock Is My Worst-Performing Investment and I Still Love It
This High-Yield Stock Is My Worst-Performing Investment and I Still Love It
HRL
fool.com12 December 2024

When I check my brokerage account, one stock that really disappoints me is Hormel Foods (HRL -1.25%). Despite its poor performance, I haven't considered selling it from my portfolio.

Hormel Foods: Bears Strike Yet Another Blow
Hormel Foods: Bears Strike Yet Another Blow
Hormel Foods: Bears Strike Yet Another Blow
HRL
seekingalpha.com04 December 2024

Hormel announced its Q4-2024 results, causing the stock to drop by 3% in pre-market trading. Although the results were decent, the forecast for 2025 did not meet Wall Street's expectations. In the past two years, the stock has decreased roughly in line with the decline in earnings predictions.

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 $0.29, with an ex-dividend date on 13 January 2025

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 December 2024

When does Hormel Foods report earnings?

The next expected earnings date for Hormel Foods is 28 February 2025

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