Cal-Maine Foods, Inc. (CALM)
| Market Cap | 2.86B |
| Revenue (ttm) | 2.37B |
| Net Income (ttm) | 275.58M |
| Shares Out | 49.04M |
| EPS (ttm) | 5.64 |
| PE Ratio | 10.32 |
| Forward PE | 18.18 |
| Dividend | $1.87 (3.22%) |
| Ex-Dividend Date | Apr 30, 2024 |
| Volume | 245,378 |
| Open | 58.33 |
| Previous Close | 58.29 |
| Day's Range | 57.75 - 58.81 |
| 52-Week Range | 42.25 - 64.76 |
| Beta | -0.04 |
| Analysts | Sell |
| Price Target | 56.00 (-3.75%) |
| Earnings Date | Apr 2, 2024 |
About CALM
Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers p... [Read more]
Financial Performance
In 2023, CALM's revenue was $3.15 billion, an increase of 77.04% compared to the previous year's $1.78 billion. Earnings were $758.02 million, an increase of 471.45%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CALM stock is "Sell." The 12-month stock price forecast is $56.0, which is a decrease of -3.75% from the latest price.
News
Cal-Maine Foods, Inc. to Participate in Burkenroad Reports Investment Conference
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that management will participate in the 27th Annual Burkenroad Reports Investment Conference hosted by Tulane Un...
Cal-Maine Foods, Inc. Announces Retirement of Jeff Hardin
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Jeff Hardin, Senior Vice President of Sales, is retiring from his position with the Company, effective July...
Cal-Maine Foods Stock Jumps as Strong Egg Demand Boosts Earnings—Key Level to Watch
Egg producer Cal-Maine Foods (CALM) posted top- and bottom-line results that beat Wall Street expectations as strong demand for eggs helped offset a significant decline in egg prices, sending the comp...
Cal-Maine sells more eggs than ever, and the stock rallies
Shares of Cal-Maine Foods Inc. rallied 9% in the extended session Tuesday after the egg producer blew past Wall Street quarterly estimates, notching record sales volume on increased demand and lower e...
Cal-Maine Foods Reports Results for Third Quarter Fiscal 2024
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today repor...
Cal-Maine says it has detected bird flu at a Texas plant
Cal-Maine Foods Inc. CALM, -3.50% said Tuesday it has detected bird flu at one of its plants in Parmer County, Texas, leading to the elimination of about 1.6 million laying hens and 337,000 pullets. T...
Cal-Maine Foods, Inc. Reports Positive Test Result for Avian Influenza at Texas Facility
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or “Company”) today reported that one of the Company's facilities located in Parmer County, Texas, tested pos...
Cal-Maine Foods, Inc. Announces Release Date for Third Quarter Fiscal 2024 Results
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company will release its third quarter fiscal 2024 financial results on Tuesday, April 2, 2024. A press...
Cal-Maine Foods, Inc. Completes Acquisition of Assets from Tyson Foods, Inc.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today annou...
Cal-Maine stock drops, as lower egg prices hit quarterly results
Shares of Cal-Maine Foods Inc. slid after hours on Wednesday after the egg-production giant reported quarterly earnings and sales that missed expectations, with a drop in egg prices weighing on the re...
Cal-Maine Foods Reports Results for Second Quarter Fiscal 2024
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today repor...
Egg producer Cal-Maine to buy Tyson's chicken plant in Missouri
Egg producer Cal-Maine Foods said on Friday it had agreed to acquire a recently shut chicken broiler processing plant, hatchery and feed mill in Dexter, Missouri from Tyson Foods.
Cal-Maine Foods, Inc. Announces a Definitive Agreement to Acquire Shuttered Broiler Processing Assets in Dexter, Missouri, From Tyson Foods, Inc.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today annou...
Cal-Maine Foods, Inc. Announces Release Date for Second Quarter Fiscal 2024 Results
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company will release its second quarter fiscal 2024 financial results on Wednesday, January 3, 2024. A ...
Cal-Maine's stock rallies 9% as analyst hikes price target
Cal-Maine Foods Inc.'s stock CALM, +8.76% was rallying by 9.4% on Wednesday after Stephens analyst Ben Bienvenu hiked his price target on the egg producer to $50 a share from $45 on the prospect for s...
Cal-Maine Foods temporarily ceases production at Kansas facility
Egg producer Cal-Maine Foods said on Tuesday it had temporarily ceased production at a facility in Kansas after some of the flock tested positive for the highly pathogenic avian influenza (HPAI).
Cal-Maine Foods, Inc. Reports Positive Test Result for Avian Influenza at Kansas Facility
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or “Company”) today reported that one of the Company's facilities in Kansas tested positive for highly pathog...
Cal-Maine Foods, Inc. Issues Statement on Jury Decision
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today issue...
Cal-Maine to ‘vigorously' fight jury decision that it conspired to inflate egg prices
Cal-Maine Foods Inc. CALM said Wednesday that a jury found the egg producer, along with other defendants, were liable for an alleged conspiracy to inflate egg product prices. The damages part of the t...
Cal-Maine Foods, Inc. Issues Statement on Recent Court Decision
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today issue...
Cal-Maine Foods, Inc. to Participate in Stephens 2023 Annual Investment Conference
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that management will participate in the Stephens 2023 Annual Investment Conference to be held November 14-16, 20...
The Score: WK Kellogg, Cal-Maine, Pioneer and More Stocks That Defined the Week
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Cal-Maine Foods, Inc. Completes Acquisition of Egg Production Assets of Fassio Egg Farms, Inc.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today annou...
Cal-Maine's Profit Plunges 99% as Egg Prices Slump
Shares of Cal-Maine Foods (CALM) slumped over 6% in early trading on Wednesday as the egg producer's profit plummeted along with the price of eggs.
Cal-Maine Stock Cracks After Earnings
Flock sizes remain historically low after last year's bird flu outbreak.