Cal-Maine Foods, Inc. (CALM)

NASDAQ: CALM · IEX Real-Time Price · USD
56.66
+0.86 (1.54%)
At close: Mar 4, 2024, 4:00 PM
55.55
-1.11 (-1.96%)
After-hours: Mar 4, 2024, 5:55 PM EST
1.54%
Market Cap 2.73B
Revenue (ttm) 2.67B
Net Income (ttm) 452.09M
Shares Out 48.98M
EPS (ttm) 9.26
PE Ratio 6.12
Forward PE 18.17
Dividend $0.88 (1.55%)
Ex-Dividend Date Jan 30, 2024
Volume 533,928
Open 55.81
Previous Close 55.80
Day's Range 55.81 - 57.12
52-Week Range 42.25 - 61.91
Beta -0.08
Analysts Sell
Price Target 45.00 (-20.58%)
Earnings Date Mar 26, 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]

Industry Farm Products
IPO Date Dec 11, 1996
Employees 2,976
Stock Exchange NASDAQ
Ticker Symbol CALM
Full Company Profile

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 Statements

Analyst Forecast

According to 2 analysts, the average rating for CALM stock is "Sell." The 12-month stock price forecast is $45.0, which is a decrease of -20.58% from the latest price.

Price Target
$45.0
(-20.58% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Cal-Maine Stock: Buying the dip in America's largest egg producer

Cal-Maine Foods NASDAQ: CALM shares fell following its Q2 report due to weakness at the top and bottom lines. The weakness was caused by dramatically falling egg prices compounded by an avian flu outb...

2 months ago - MarketBeat

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...

2 months ago - Market Watch

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...

2 months ago - Business Wire

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.

Other symbols: TSN
2 months ago - Reuters

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...

Other symbols: TSN
2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Market Watch

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).

2 months ago - Reuters

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Market Watch

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

Are Bird Flu Fears at Cal-Maine Foods Overblown?

The country's largest egg producer, Cal-Maine Foods Inc. NASDAQ: CALM, saw its stock collapse over 10% on its fiscal Q1 2024 earnings report. Revenues fell by 32% as egg pricing and the hen population...

5 months ago - MarketBeat

The Score: WK Kellogg, Cal-Maine, Pioneer and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news.

Other symbols: KLGPXD
5 months ago - WSJ

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...

5 months ago - Business Wire

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.

5 months ago - Investopedia

Cal-Maine Stock Cracks After Earnings

Flock sizes remain historically low after last year's bird flu outbreak.

5 months ago - Barrons

Trending stocks October 4, 2023: Cal-Maine Foods, Tesla, On Holding

The S&P 500 (^GSPC) and the Nasdaq (^IXIC) are trading higher in early trading as stocks digest the ADP's private sector jobs data. Cal-Maine Foods (CALM) shares dropped after the company missed estim...

Other symbols: TSLAONON
5 months ago - Yahoo Finance

Cal-Maine Foods shares crack on diving egg prices, and other movers

Intel Corp. shares INTC, +0.65% rose nearly 2% after the chip maker said it would follow up last year's spinoff of Mobileye Global Inc. MBLY, -4.51% with an IPO of its programmable solutions group in ...

5 months ago - Market Watch

Cal-Maine stock drops on earnings miss

Shares of Cal-Maine Foods Inc. CALM dropped 12% in after-hours trade Tuesday, after the egg producer reported fiscal first-quarter results that fell below expectations. For the quarter ended Sept.

5 months ago - Market Watch

Cal-Maine Foods Reports Results for First 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...

5 months ago - Business Wire

Cal-Maine Foods, Inc. Announces Definitive Agreement to Acquire 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...

5 months ago - Business Wire

Cal-Maine Foods, Inc. Announces Release Date for First Quarter Fiscal 2024 Results

RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company will release its first quarter fiscal 2024 financial results on Tuesday, October 3, 2023. A pre...

5 months ago - Business Wire

How To 4X Your Income & Beat Back Volatility

Today we'll discuss five of the steadiest dividend stocks on the planet. And let's not confuse stability with penny pinching—these cash cows yield up to 11%!

Other symbols: OHISAFTTRSTUVV
6 months ago - Forbes