Farmer Bros. Co. (FARM)

NASDAQ: FARM · IEX Real-Time Price · USD
3.130
-0.090 (-2.80%)
At close: Apr 22, 2024, 4:00 PM
3.150
+0.020 (0.64%)
After-hours: Apr 22, 2024, 7:21 PM EDT
-2.80%
Market Cap 65.96M
Revenue (ttm) 381.07M
Net Income (ttm) -56.80M
Shares Out 21.07M
EPS (ttm) -2.83
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 21,453
Open 3.210
Previous Close 3.220
Day's Range 3.120 - 3.250
52-Week Range 1.750 - 4.040
Beta 1.76
Analysts Strong Buy
Price Target 6.00 (+91.69%)
Earnings Date May 8, 2024

About FARM

Farmer Bros. Co. engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and other allied products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and... [Read more]

Industry Packaged Foods
Founded 1912
Employees 993
Stock Exchange NASDAQ
Ticker Symbol FARM
Full Company Profile

Financial Performance

In 2023, FARM's revenue was $339.96 million, an increase of 8.00% compared to the previous year's $314.78 million. Losses were -$79.18 million, 387.1% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for FARM stock is "Strong Buy" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(91.69% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Farmer Brothers Signs Lease on New Fort Worth, Texas Headquarters

NORTHLAKE, Texas, March 26, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) a leading roaster, wholesaler, and distributor of coffee, tea and allied products, announced today it has entered in...

27 days ago - GlobeNewsWire

Farmer Brothers Names Terry O'Brien to Board of Directors

NORTHLAKE, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM), a leading roaster, wholesaler, and distributor of coffee, tea and allied products, announced today it has appointed...

6 weeks ago - GlobeNewsWire

Farmer Brothers Names Matthew Swenson Vice President of Coffee Operations

NORTHLAKE, Texas, March 01, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) a leading roaster, wholesaler, and distributor of coffee, tea and allied products, announced today it has appointed ...

7 weeks ago - GlobeNewsWire

Farmer Brothers to Participate in 36th Annual ROTH Conference and Upcoming Industry Tradeshows

Farmer Brothers (NASDAQ: FARM) announced today the company will participate in an upcoming investor conference along with several industry tradeshows.

2 months ago - GlobeNewsWire

Farmer Brothers Names John Moore Chief Executive Officer

NORTHLAKE, Texas, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) a leading roaster, wholesaler, and distributor of coffee, tea and allied products, announced today it has appointed J...

2 months ago - GlobeNewsWire

Farmer Brothers to report fiscal second quarter 2024 financial results

NORTHLAKE, Texas, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) announced today the company will publish its fiscal second quarter 2024 financial results for the period ended Dec. 3...

2 months ago - GlobeNewsWire

Hain Celestial Group Announces Amber Jefferson as New Chief People Officer

HOBOKEN, N.J., Dec. 19, 2023 /PRNewswire/ -- The Hain Celestial Group, Inc. (Nasdaq: HAIN) ("Hain Celestial", or the "Company"), a leading global health and wellness company whose purpose is to inspir...

Other symbols: HAIN
4 months ago - PRNewsWire

Farmer Brothers to report fiscal first quarter 2024 financial results

NORTHLAKE, Texas, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) announced today the company will publish its fiscal first quarter 2024 financial results for the period ended Sept. 3...

6 months ago - GlobeNewsWire

Farmer Brothers announces transition of chief executive officer

NORTHLAKE, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers Company (NASDAQ: FARM), a leading roaster, wholesaler, equipment servicer and distributor of coffee, tea and other allied products,...

8 months ago - GlobeNewsWire

Top 5 Defensive Stocks That Could Blast Off This Quarter - Dollar Tree (NASDAQ:DLTR), Eastside Distilling (NASDAQ:EAST)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: DLTREASTJVA
8 months ago - Benzinga

DATE CORRECTION: Farmer Brothers to report fourth quarter and fiscal 2023 financial results

NORTHLAKE, Texas, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) announced today the company will publish its fiscal fourth quarter and full year 2023 financial results for the perio...

8 months ago - GlobeNewsWire

Farmer Brothers to report fourth quarter and fiscal 2023 financial results

NORTHLAKE, Texas, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) announced today the company will publish its fiscal fourth quarter and full year 2023 financial results for the perio...

8 months ago - GlobeNewsWire

Farmer Brothers announces transition of chief financial officer

NORTHLAKE, Texas, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers Company (NASDAQ: FARM), a leading roaster, wholesaler, equipment servicer and distributor of coffee, tea and other allied products, ...

9 months ago - GlobeNewsWire

Farmer Brothers names vice president, head of coffee and reports inducement grants under Nasdaq Listing Rule 5635(c)(4)

NORTHLAKE, Texas, July 05, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers Company (NASDAQ: FARM) today announced John Moore has been appointed as the company's new vice president and head of coffee. Mr. Moo...

10 months ago - GlobeNewsWire

TreeHouse Foods Completes Acquisition of Farmer Brothers' Northlake, Texas Coffee Facility

OAK BROOK, Ill. , June 30, 2023 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) announced that it has completed the acquisition of the Northlake, Texas, coffee facility and non-Direct Store Delivery...

Other symbols: THS
10 months ago - PRNewsWire

Farmer Brothers announces close of sale of its direct ship business and Northlake, Texas facility to TreeHouse Foods

Company uses portion of $100 million proceeds to pay off term loan as it focuses operations on direct store delivery and key account sales channels Company uses portion of $100 million proceeds to pay...

10 months ago - GlobeNewsWire

Farmer Brothers announces agreement to sell direct ship business and Northlake, Texas facility to TreeHouse Foods

Approximately $100 million sale expected to advance the company's transformation plan and commitment to direct store delivery sector Approximately $100 million sale expected to advance the company's t...

11 months ago - GlobeNewsWire

TreeHouse Foods to Acquire Farmer Brothers' Northlake, Texas Coffee Facility

OAK BROOK, Ill. , June 7, 2023 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today announced that it has signed a definitive agreement with Farmer Brothers Company (Nasdaq: FARM) to acquire its No...

Other symbols: THS
11 months ago - PRNewsWire

Top 5 Consumer Staples Stocks Which Could Rescue Your Portfolio This Month - British American Tobacco (NYSE:BTI), Farmer Bros (NASDAQ:FARM)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: BTIHAINRKDA
11 months ago - Benzinga

Farmer Brothers announces date and time change for third quarter 2023 fiscal year conference call

NORTHLAKE, Texas, May 04, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) today announced a change to its third quarter 2023 earnings results and conference call date and time. The company wil...

1 year ago - GlobeNewsWire

Farmer Brothers schedules third quarter 2023 fiscal year earnings release and conference call

NORTHLAKE, Texas, May 02, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) today announced the company will issue its third quarter financial and operational results for its 2023 fiscal year wi...

1 year ago - GlobeNewsWire

Top 4 Risk Off Stocks That Are Preparing To Pump This Month

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: CJJDMGRXVITL
1 year ago - Benzinga

Farmer Brothers releases 2022 Sustainability Report

Company achieves emission goal three years ahead of schedule, makes strides toward goal of providing 100% responsibly sourced coffee by 2025 Company achieves emission goal three years ahead of schedul...

1 year ago - GlobeNewsWire

Farmer Bros. Co. Names Vice President of Direct Store Delivery; Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NORTHLAKE, Texas, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (“Farmer Brothers” or the “Company”) today announced Tom Bauer has been appointed as the Company's new Vice Presiden...

1 year ago - GlobeNewsWire

Farmer Bros. Co. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NORTHLAKE, Texas, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) ( “Farmer Brothers” or the “Company”) today announced that the Company issued the following restricted stock unit awa...

1 year ago - GlobeNewsWire