Hormel Foods Corporation (HRL)
|Net Income (ttm)||908.08M|
|Trading Day||January 26|
|Day's Range||46.68 - 48.76|
|52-Week Range||39.29 - 52.23|
The 2021 Market Outlook And Some New Stock Picks - Ryan Detrick And Eddy Elfenbein Join Alpha Trader (Podcast Transcript)
Welcome to Alpha Trader. We have a special double bill today in honor of wildcard weekend coming up on the show. Eddy Elfenbein of Crossing Wall Street giving us his top five new stocks for 20...
The 2021 Market Outlook And Some New Stock Picks - Ryan Detrick And Eddy Elfenbein Join Alpha Trader
This week's Alpha Trader podcast features hosts Aaron Task and Stephen Alpher speaking with LPL Financial's Ryan Detrick and Eddy Elfenbein, editor of the Crossing Wall Street blog and portfol...
Momentum for Hormel Foods stock is at its nadir while there are enough positives to make this a stock for serious consideration in one's portfolio. The recent slip in share price brings it clo...
This article is part of our monthly series where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms. I...
Hormel Foods Named one of America's Most Responsible Companies by Newsweek for the Second Year in a Row
AUSTIN, Minn., Dec. 30, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, was recently named of one America's Most Responsible Companies by Newsweek mag...
Hormel Foods' (HRL) prudent product launches are boosting retail business, amid weak foodservice channel.
Hormel (HRL) reported earnings 30 days ago. What's next for the stock?
Hormel Foods (HRL) opens Papillion Foods, a 535,000-square feet manufacturing plant, to make salami and dry sausage products.
AUSTIN, Minn., Dec 22, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced the opening of its newest production facility, Papillion Foods, locat...
AUSTIN, Minn., Dec. 16, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced it will hold its 2021 Annual Meeting of Stockholders virtually due t...
Hormel Foods' (HRL) new protein puffs are likely to add more gleam to its plant-based product line-up.
Hormel Foods' (HRL) focus on product innovations are yielding. Also, the company's lucrative buyouts are noteworthy.
Rock-solid end markets and companies with progressive dividend policies are key for investors building portfolios for retirement.
Aflac announced a 17.8% dividend increase. That is a huge dividend increase. Rockwell, like Hormel, announced a smaller-than-expected dividend increase.
For the month, there were 13 buys including two new positions. I made the month's purchases last Friday. With the market flying high, what bargains are out there now?
This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases.
With Thanksgiving once again upon us, investors may want to consider looking at companies that profit from the holiday that brings family and friends together.
The shares of Hormel Foods Corp (NYSE:HRL) are down 0.5% at $46.98 today, after receiving a price-target cut from JP Morgan to $44 from $45, as well as a price-target hike from Piper Sandler t...
Hormel Foods Corporation (HRL) CEO Jim Snee on Q4 2020 Results - Earnings Call Transcript
Hormel Foods Corp. (NYSE:HRL) released its fiscal fourth-quarter 2020 results before the market opened on Nov. 24. Both earnings and revenue failed to surpass Zacks' consensus estimate.
Hormel Foods' (HRL) fourth-quarter fiscal 2020 results reflect persistent weakness in the foodservice channel. Moreover, high costs related to the pandemic put pressure on profits.
Hormel (HRL) delivered earnings and revenue surprises of -2.27% and -7.06%, respectively, for the quarter ended October 2020. Do the numbers hold clues to what lies ahead for the stock?
Hormel's stock falls after profit and sales miss, as foodservice weakness offset retail, deli strength
Shares of Hormel Foods Corp. shed 2.3% in premarket trading Tuesday, as the packaged foods company reported fiscal fourth-quarter profit that fell shy of expectations and a surprise decline in...
AUSTIN, Minn., Nov. 24, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the fourth quarter of fiscal 2020. All comp...
AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase to the annual d...
AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced it will host the World's Largest Virtual Friendsgiving Hormel ...
Increased demand in retail channel amid COVID-19 is likely to get reflected in Hormel Foods' (HRL) fourth-quarter fiscal 2020 numbers. However, soft foodservice business is a concern.
The packaged meat products maker has been a fairly solid play through thick and thin.
There is still a lot of uncertainty in the markets with Covid-19 on the rise again, but you can count on these stalwart dividend stocks. The post 3 Safe Dividend Stocks in a Double-Dip Recessi...
Hormel (HRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AUSTIN, Minn., Nov. 11, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced the recipients of this year's pair of $10,000 Hormel Heroes Scholarships. The Hormel Heroes Sc...
AUSTIN, Minn., Nov. 10, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) invites you to participate in a conference call with Jim Snee, chairman of the board, president and chief exec...
AbbVie snuck in a nice dividend increase before the end of the month. I was caught completely off-guard by the announcement. Whirlpool delivered a 4.17% dividend increase to their shareholders...
Hormel Foods is a company of brands and innovation. Its stock split several times, bounces back with fortitude and resilience, and they are in the essential food industry. There are downsides...
Some companies are simple to understand, some are more complex. Food makers Hershey and Hormel look simple, but they aren't.
AUSTIN, Minn., Oct. 30, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) is pleased to announce that it has received numerous accolades for its internship program. The company was ran...
PPC vs. HRL: Which Stock Is the Better Value Option?
AUSTIN, Minn., Oct. 23, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced the advancements of several plant managers as a result of the ...
Hormel has a unique, hands-on business model. That's been a long-term benefit, but it's a big problem today.
AUSTIN, Minn., Oct. 21, 2020 /PRNewswire/ -- The makers of Hormel® Black Label® bacon are reinventing bacon once again with the launch of – Hormel® Black Label® Ranch Thick Cut Bacon and Horme...
Hormel Foods' (HRL) retail and deli businesses are doing well, as consumers resort to at home dining amid the pandemic. However, declines in foodservice business are a worry.
The pandemic is back in the headlines. Here's how to protect your portfolio.
AUSTIN, Minn., Oct. 6, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced it has donated more than 540,000 pounds of foodservice breakfas...
The stock market suffered a turbulent September, and a number of factors are pointing toward an equally bumpy rest of the year. That likely will have investors looking for a smoother market ri...
AUSTIN, Minn., Oct. 2, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, has announced its participation in the Dine, Shop & Share for No Kid Hungry cam...
AUSTIN, Minn., Sept. 29, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced today that its quarterly dividend on the common stock, authorized b...
Hormel Foods Achieves Packaging Reduction Goal, Continues its Food Journey Progress in 14th Annual Corporate Responsibility Report
AUSTIN, Minn., Sept. 23, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced the launch of its 14th annual corporate responsibility (CR) report. The report is available o...
Hormel Foods is a Dividend Champion with 53 consecutive years of dividend growth. Shares currently yield 1.91%.
The company is subject to a lot of bearish forecasting – but that might be a good thing.
Hormel Foods Corporation produces and markets various meat and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products, such as canned luncheon meats, peanut butters, chilies, shelf-stabl... [Read more...]
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In 2020, Hormel Foods's revenue was $9.61 billion, an increase of 1.17% compared to the previous year's $9.50 billion. Earnings were $908.08 million, a decrease of -7.23%.
According to 13 analysts, the average rating for Hormel Foods stock is "Hold." The 12-month stock price forecast is 46.00, which is a decrease of -5.19% from the latest price.