Hormel Foods Corporation (HRL)

Market Cap	16.28B
Revenue (ttm)	11.92B
Net Income (ttm)	805.04M
Shares Out	549.01M
EPS (ttm)	1.47
PE Ratio	20.19
Forward PE	17.98
Dividend	$1.16 (3.91%)
Ex-Dividend Date	Jan 13, 2025

Volume	79,303
Open	29.77
Previous Close	29.60
Day's Range	29.61 - 29.82
52-Week Range	28.51 - 36.86
Beta	0.26
Analysts	Hold
Price Target	32.40 (+9.24%)
Earnings Date	Feb 27, 2025

About HRL

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, bacons, sausages, hams, and guacamoles; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-s...

• Industry: Packaged Foods
• Sector: Consumer Staples
• Founded: 1891
• Employees: 20,000
• Stock Exchange: NYSE
• Ticker Symbol: HRL
• Website: https://www.hormelfoods.com

Financial Performance

In 2024, Hormel Foods's revenue was $11.92 billion, a decrease of -1.56% compared to the previous year's $12.11 billion. Earnings were $805.04 million, an increase of 1.44%.

Analyst Forecast

According to 5 analysts, the average rating for HRL stock is "Hold." The 12-month stock price forecast is $32.4, which is an increase of 9.24% from the latest price.

Price Target

$32.4

(9.24% upside)

Analyst Consensus: Hold