Hormel Foods Corporation (HRL)
| Market Cap | 16.98B |
| Revenue (ttm) | 11.92B |
| Net Income (ttm) | 747.49M |
| Shares Out | 549.89M |
| EPS (ttm) | 1.36 |
| PE Ratio | 22.70 |
| Forward PE | 17.97 |
| Dividend | $1.16 (3.76%) |
| Ex-Dividend Date | Jul 14, 2025 |
| Volume | 528,239 |
| Open | 31.00 |
| Previous Close | 31.05 |
| Day's Range | 30.86 - 31.18 |
| 52-Week Range | 27.59 - 33.80 |
| Beta | 0.34 |
| Analysts | Buy |
| Price Target | 34.00 (+10.1%) |
| Earnings Date | May 29, 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for HRL stock is "Buy." The 12-month stock price forecast is $34.0, which is an increase of 10.10% from the latest price.
News
June's Dividend Kings: 3 Ideal Buys In 25 "Safer" Dogs
Most Dividend Kings are currently overpriced, but six offer fair value where annual dividends from $1,000 invested exceed their share price. Three top-yield Dividend Kings—Altria, Northwest Natural, a...
Hormel Foods: No Rush To Buy, Given Ambitious Guidance
Hormel faces margin pressures from rising input costs and weak volume growth, despite some success in passing on price increases to consumers. Planters and turkey segments show tentative improvement, ...
Hormel Foods: Sharp Volume Decline Is Cause For Concern
Hormel Foods Corporation has had issues with growing sales in past years. The Q2 report reflects similar issues. While Hormel increased prices, sales volumes showed a very sharp decline. Even though H...
Turkey, nuts and Spam are appealing to ‘strained' consumers, Hormel says
The meat and snack company says its products seen as offering more value will drive an uptick in business in the second half of the year.
Hormel Foods Corporation (HRL) Q2 2025 Earnings Call Transcript
Hormel Foods Corporation (NYSE:HRL) Q2 2025 Results Conference Call May 29, 2025 9:00 AM ET Company Participants Jess Blomberg - Director of Investor Relations Jim Snee - President and Chief Executiv...
Hormel Foods Trims Guidance, Citing Tariff Impact
Hormel Foods trimmed its earnings outlook for the year, which factors in the impact of tariffs and ongoing momentum of brands such as Planters peanuts and its turkey product.
Hormel Foods tightens annual profit forecast amid weak retail demand
Hormel Foods tightened its annual profit forecast towards the lower end on Thursday, as the Skippy peanut butter maker struggles with supply chain issues and weak demand that may counter the benefits ...
HORMEL FOODS REPORTS SECOND QUARTER FISCAL 2025 RESULTS
Company Achieved Solid Top-Line Growth; Positioned for Strong Second Half Narrows Fiscal 2025 Net Sales and Earnings Outlook AUSTIN, Minn. , May 29, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE...
From Campus to Career: Hormel Foods Welcomes 95 Interns for Transformative Summer Experience
Award-winning internship program offers students from 50 colleges and universities three months of hands-on business experience AUSTIN, Minn. , May 27, 2025 /PRNewswire/ -- It's more than an internshi...
100 Sustainable Dividend Dogs: 18 "Safer", 4 Ideal May Buys
I analyze Barron's top 100 sustainable companies, focusing on dividend-paying stocks using the yield-based 'dogcatcher' strategy for value and income. Six of 83 dividend-paying ESG stocks meet the ide...
69 May Aristocrats: Buy 1 Of 38 "Safer" Dividend Dogs
Many S&P 500 Dividend Aristocrats remain overvalued, but select high-yield 'Dogs' like Realty Income and Amcor offer attractive entry points for income investors. Analyst forecasts suggest the top ten...
The PLANTERS® Brand and Miller High Life® Join Forces to Celebrate Summer's Ultimate Duo with New Limited-Edition Bar Nut Mix
This nutty new creation is the ultimate bar snack, irresistible with a cold one on a hot day. AUSTIN, Minn.
Hormel Foods Corporation Declares Quarterly Dividend
AUSTIN, Minn. , May 19, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by ...
Jeff Baker Named Group Vice President for Retail Marketing at Hormel Foods
Baker will assume the role at the end of the fiscal year following the planned retirement of Scott Aakre AUSTIN, Minn. , May 16, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 50...
Hormel Foods Announces Retirement of Scott Aakre, Group Vice President and Chief Marketing Officer for Retail, Following a Distinguished 35-year career
Aakre extends his service to the company by joining Hormel Foods board of directors AUSTIN, Minn. , May 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food...
A Kernel Revolution: Discover CORN NUTS® New Partially Popped Corn Kernel Flavors!
In an exciting twist, the makers of the CORN NUTS® brand introduce all-new PartiallyPopped Corn Kernel varieties, set to redefine snacking with irresistible crunch andcraveable flavors AUSTIN, Minn. ,...
Hormel Foods Corporation to Hold Second Quarter Earnings Conference Call
AUSTIN, Minn. , May 6, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call ...
Buy 3 "Safer" Dividend Kings Of 25 From May's 55
The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kin...
Island Inspired Collaboration: SPAM® Brand Creates Exclusive Collectible Cans in celebration of Disney's "Lilo & Stitch" Live-Action Movie
First-time film collaboration celebrates upcoming film with exclusive collectibles and playful new TV ad AUSTIN, Minn. , April 30, 2025 /PRNewswire/ -- Just as Stitch found his perfect home in Hawai'i...
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...
Makers of HORMEL® SQUARE TABLE® Brand Dive Deeper into Chicken with Two New Bold Flavors
With the popularity of convenient meal solutions on the rise, the HORMEL® SQUARE TABLE ® brand team expands protein-rich portfolio with Tuscan Style and Maple Bourbon Chicken varieties AUSTIN, Minn. ...
Makers of the HERDEZ® Brand Announce Newest Addition to Mexican Refrigerated Entrées Portfolio
HERDEZ ® Al Pastor Seasoned Shredded Pork with Sauce offers a delicious blend of bold spices ORANGE, Calif. , April 24, 2025 /PRNewswire/ -- The makers of the HERDEZ® brand are expanding their HERDEZ®...
2025 Dividend Kings: Weathering Tariff Volatility Better Than The Market
The Dividend Kings are outperforming the S&P 500 in 2025 by 8.94%. Top performers include National Fuel & Gas (+28.88%), Consolidated Edison (+28.10%), and Middlesex Water Company (+21.00%). Promising...
Hormel Foods Announces Leadership Change in Supply Chain
AUSTIN, Minn. , April 7, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Steve Lykken, group vice president of supply chain, ...
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...