McCormick & Company, Incorporated (MKC)

NYSE: MKC · Real-Time Price · USD
72.87
-1.34 (-1.81%)
May 21, 2025, 1:50 PM - Market open
-1.81%
Market Cap 19.54B
Revenue (ttm) 6.73B
Net Income (ttm) 784.80M
Shares Out 268.19M
EPS (ttm) 2.90
PE Ratio 25.14
Forward PE 23.38
Dividend $1.80 (2.47%)
Ex-Dividend Date Apr 7, 2025
Volume 854,703
Open 74.08
Previous Close 74.21
Day's Range 72.87 - 74.28
52-Week Range 66.88 - 86.24
Beta 0.74
Analysts Buy
Price Target 83.14 (+14.09%)
Earnings Date Jun 26, 2025

About MKC

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French’s, Frank’s RedHot, Lawry’s, Cholula Hot Sauce, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné... [Read more]

Industry Packaged Foods
Founded 1889
Employees 14,100
Stock Exchange NYSE
Ticker Symbol MKC
Full Company Profile

Financial Performance

In 2024, McCormick & Company's revenue was $6.72 billion, an increase of 0.92% compared to the previous year's $6.66 billion. Earnings were $788.50 million, an increase of 15.85%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MKC stock is "Buy." The 12-month stock price forecast is $83.14, which is an increase of 14.09% from the latest price.

Price Target
$83.14
(14.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

McCormick Announces Kasey Jenkins' Plan to Retire

HUNT VALLEY, Md. , May 21, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that Kasey Jenkins, Chief Growth Officer, will retire in early...

2 hours ago - PRNewsWire

US Dollar, FX Look Like Emerging Market: TD Securities' McCormick

Mark McCormick, global head of FX strategy at TD Securities, discusses the catalysts he sees for US dollar weakness. -------- More on Bloomberg Television and Markets Like this video?

2 days ago - Bloomberg Markets and Finance

McCormick & Company to Participate in Deutsche Bank's Annual dbAccess Global Consumer Conference

HUNT VALLEY, Md. , May 13, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will be participating in Deutsche Bank's annual dbAccess Global Consumer Confe...

7 days ago - PRNewsWire

McCormick Honors 2025 Unsung Heroes; Awards $105,000 in Total Scholarships to Student-Athletes

Two $40,000 Charles Perry McCormick Scholarships Awarded to Kayla Carter from Franklin High School and Ty Simpson from Owings Mills High School HUNT VALLEY, Md. , May 6, 2025 /PRNewswire/ -- McCormick...

14 days ago - PRNewsWire

Best Dividend Aristocrats For May 2025

Despite a strong start, the Dividend Aristocrats are underperforming the S&P 500 in April, with NOBL down 4.88% and SPY down 1.53%. The best-performing Dividend Aristocrats YTD include Consolidated Ed...

21 days ago - Seeking Alpha

Communitech announces Sheldon McCormick as new CEO

KITCHENER, Ontario--(BUSINESS WIRE)--Communitech announced today the appointment of Sheldon McCormick as its new CEO, effective April 14. McCormick is a seasoned entrepreneur and leader with extensive...

5 weeks ago - Business Wire

Best Dividend Aristocrats For April 2025

Dividend Aristocrats are outperforming the S&P 500 in 2025, demonstrating resilience, with NOBL up 1.78% YTD versus SPY's 4.9% decline. Top performers include Consolidated Edison (+22.98%), Brown & Br...

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7 weeks ago - Seeking Alpha

McCormick dropping food dyes under pressure from RFK Jr, US regulators

McCormick is working to reformulate products to remove certain ingredients like food dyes under fire from HHS Secretary Robert F. Kennedy Jr.

7 weeks ago - Fox Business

McCormick Declares $0.45 Quarterly Dividend

HUNT VALLEY, Md. , March 26, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable ...

7 weeks ago - PRNewsWire

McCormick: Slow And Steady

McCormick & Company, Incorporated is recommended for long-term dividend growth investing due to its stable, slow growth and robust demand for its seasoning and spice lines. Fiscal Q1 sales rose 0.6% y...

2 months ago - Seeking Alpha

McCormick & Company, Incorporated (MKC) Q1 2025 Earnings Call Transcript

McCormick & Company, Incorporated (NYSE:MKC) Q1 2025 Earnings Conference Call March 25, 2025 8:00 AM ET Company Participants Faten Freiha - VP, IR Brendan Foley - Chairman, President & CEO Marcos Gab...

2 months ago - Seeking Alpha

MKC "Solid Quarter," DLTR on Deck & Options Trades

Consumer staples have done in recent weeks due to macro volatility. Arun Sundaram turns to specific companies investors may have missed, including McCormick & Company (MKC), which he says had a "solid...

Other symbols: DLTR
2 months ago - Schwab Network

Cramer's Mad Dash: McCormick

Jim Cramer discusses why he's keeping an eye on McCormick & Company ahead of it reporting earnings.

2 months ago - CNBC Television

Spice maker McCormick misses quarterly profit estimates on higher expenses

McCormick missed first-quarter profit estimates on Tuesday, as higher promotional expenses and price cuts for its spices, sauces and seasonings fell short of boosting demand.

2 months ago - Reuters

McCORMICK REPORTS SOLID FIRST QUARTER PERFORMANCE AND REAFFIRMS 2025 OUTLOOK

HUNT VALLEY, Md. , March 25, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the first quarter ended February 28, 202...

2 months ago - PRNewsWire

McCormick Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

McCormick & Company, Incorporated (NYSE:  MKC) will release its first-quarter financial results before the opening bell on Tuesday, March 25.

2 months ago - Benzinga

How To Earn $500 A Month From McCormick Stock Ahead Of Q1 Earnings

McCormick & Company, Incorporated MKC will release its first-quarter financial results before the opening bell on Tuesday, March 25.

2 months ago - Benzinga

Cramer's week ahead: Earnings from GameStop, McCormick and Dollar Tree

CNBC's Jim Cramer on Friday listed next week's top market-moving events, including earnings reports from GameStop, McCormick and Dollar Tree. He underscored that angst on Wall Street will continue as ...

Other symbols: DLTRGME
2 months ago - CNBC

McCormick Q1 Preview: Expanding Flavor Solutions Margin, Initiating With 'Buy'

McCormick & Company, Incorporated, a global leader in the flavor market, shows steady growth and margin expansion, presenting an attractive investment for dividend investors with a "Buy" rating and a ...

2 months ago - Seeking Alpha

Investors Could Keep Buying Staples Stocks, UBS Analysts Say

Investors who have lately turned to consumer staples as a defense against volatility may do so for a while, UBS analysts said.

Other symbols: ADMXLP
2 months ago - Investopedia

My Best Dividend Aristocrats For March 2025

The ProShares S&P 500 Dividend Aristocrat ETF kicks off 2025 on a bright note with a gain of 2.81% in January. I present 3 strategies that can theoretically beat the dividend aristocrat index in the l...

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2 months ago - Seeking Alpha

McCormick & Company to Report 2025 First Quarter Financial Results on March 25, 2025

HUNT VALLEY, Md., Feb. 26, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its first quarter 202...

3 months ago - PRNewsWire

Holladay Distillery breaks ground on ironclad rickhouse in latest growth spurt

Popular Weston-based bourbon distillery responds to increased demand by expanding its production operations Popular Weston-based bourbon distillery responds to increased demand by expanding its produc...

3 months ago - GlobeNewsWire

Meketa Welcomes Chris Rosato and Christian McCormick to Key Leadership Positions Supporting Private Market Solutions for the Wealth Management Marketplace

BOSTON--(BUSINESS WIRE)--Meketa Investment Group (“Meketa”) and its subsidiary Meketa Capital LLC (“Meketa Capital”) are pleased to announce two new hires who will strengthen Meketa Capital's efforts ...

3 months ago - Business Wire

My Best Dividend Aristocrats For February 2025

The ProShares S&P 500 Dividend Aristocrat ETF posted its 3rd worst monthly return in December, falling by 7.69%. I present 3 strategies that can theoretically beat the dividend aristocrat index in the...

Other symbols: ABTADMALBBENCHRWECLHRL
4 months ago - Seeking Alpha