Kellanova Co (K)

NYSE: K · IEX Real-Time Price · USD
56.70
-0.02 (-0.04%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.04%
Market Cap 19.38B
Revenue (ttm) 12.27B
Net Income (ttm) 920.00M
Shares Out 341.88M
EPS (ttm) 2.67
PE Ratio 21.24
Forward PE 15.21
Dividend $2.24 (3.95%)
Ex-Dividend Date Jun 3, 2024
Volume 1,619,487
Open 56.73
Previous Close 56.72
Day's Range 56.39 - 56.85
52-Week Range 47.63 - 64.50
Beta 0.36
Analysts Hold
Price Target 61.29 (+8.1%)
Earnings Date Aug 1, 2024

About K

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Eggo, Morningstar Farms, Bisco, Club, Luxe, Minueto, Special K, Toasteds, ... [Read more]

Industry Packaged Foods
Founded 1906
Employees 23,000
Stock Exchange NYSE
Ticker Symbol K
Full Company Profile

Financial Performance

In 2023, Kellanova Co's revenue was $13.12 billion, an increase of 3.71% compared to the previous year's $12.65 billion. Earnings were $951.00 million, a decrease of -0.94%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for K stock is "Hold." The 12-month stock price forecast is $61.29, which is an increase of 8.10% from the latest price.

Price Target
$61.29
(8.10% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Kellanova Sets Date for 2024 Second Quarter Results Webcast

CHICAGO, June 28, 2024 /PRNewswire/ -- Kellanova (NYSE: K) plans to issue its 2024 second quarter financial results at approximately 8:00 am ET on Thursday, August 1, 2024.  The following documents wi...

4 days ago - PRNewsWire

Oats Global Market Report 2024, Featuring Key Players Blue Lake Milling, Bob's Red Mill Natural Foods, Bloch & Guggenheimer, The Kellogg Company & Avena Foods - Forecasts to 2028

Dublin, June 27, 2024 (GLOBE NEWSWIRE) -- The "Oats Global Market Report 2024" has been added to ResearchAndMarkets.com's offering. The oats market size has grown strongly in recent years, from $7.15 ...

5 days ago - GlobeNewsWire

CHEEZY RANCH FANS REJOICE! THE CHEEZ-IT® x HIDDEN VALLEY® RANCH COLLAB IS FINALLY HERE IN CRACKER FORM

Cheez-It ®  and Hidden Valley® Ranch are introducing new ranch-flavored crackers, set to hit shelves this July CHICAGO , June 25, 2024 /PRNewswire/ -- Superfans asked and Cheez-It ® answered. This sum...

7 days ago - PRNewsWire

Generational Group Advises Kellogg & Sovereign Consulting in Transition to ESOP

DALLAS--(BUSINESS WIRE)--Kellogg & Sovereign, a Generational client, was transitioned to an ESOP.

8 days ago - Business Wire

Pop-Tarts First Edible Mascot wins Grand Prix at 2024 Cannes Lions

Kellanova, Weber Shandwick win first-ever Grand Prix for Brand Experience & Activation CHICAGO , June 21, 2024 /PRNewswire/ -- Kellanova's Pop-Tarts brand earned a top honor at the 2024 Cannes Lions I...

11 days ago - PRNewsWire

Insights from Kellanova's marketing journey with Artificial Intelligence

CHICAGO , June 10, 2024 /PRNewswire/ -- How do you use Artificial Intelligence (AI) in your day-to-day? Do you use it in your personal or professional life?

22 days ago - PRNewsWire

Kellanova and the AI Revolution

Kellanova's Chief Technology Officer, Ramesh Kollepara, shares insights into how the company is preparing and embracing the AI revolution. CHICAGO , June 4, 2024 /PRNewswire/ -- Earlier this year, I h...

4 weeks ago - PRNewsWire

THINK BIG: INTRODUCING THE BIG CHEEZ-IT® CRUNCHWRAP SUPREME® AND BIG CHEEZ-IT® TOSTADA

Taco Bell and Kellanova unite to create the cheeziest menu items of our lifetime, featuring a Cheez-It cracker 16x bigger than the original TLDR: The future is here, and it is cheezy! Taco Bell and Ke...

4 weeks ago - PRNewsWire

Kellanova to Webcast Two Fireside Chats

CHICAGO , May 29, 2024 /PRNewswire/ -- Kellanova (NYSE: K) will webcast two fireside chats in June of 2024. The fireside chat at Deutsche Bank's dbAccess Global Consumer Conference will be webcast liv...

4 weeks ago - PRNewsWire

Kellanova, Albertsons join forces to fight food insecurity in southern Montana

Kellanova donates $15,000 to support Education Foundation for Billings Public Schools CHICAGO , May 23, 2024 /PRNewswire/ -- Kellanova and Albertsons have teamed up to tackle the ongoing issue of hung...

5 weeks ago - PRNewsWire

CHEEZ-IT® OPENS THE CHEEZ-IN DINER SERVING A FULL MENU OF DELICIOUS, ABSURDLY CHEEZY CLASSICS TO KICK OFF SUMMER ROAD TRIP SEASON

The brand's latest outpost features Cheez-It ®  infused fare including a Deluxe Cheez-It Milkshake and one-of-a-kind experiences like a jukebox that plays for Cheez-It crackers instead of coins CHICAG...

6 weeks ago - PRNewsWire

CHEEZ-IT® SCORES SPONSORSHIP AS THE FIRST OFFICIAL SNACK OF THE INDIANA FEVER

Cheez-It deepens its roots in sports by signing a multi-year agreement and first professional basketball sponsorship with the Indiana Fever CHICAGO , May 16, 2024 /PRNewswire/ -- From fast breaks to s...

6 weeks ago - PRNewsWire

Pringles brings Minecraft TNT to the table: Celebrating 15 years of gameplay with an explosive, limited-edition flavor

Pringles® and Minecraft collaborate for a second time with a new flavor that will blow you away CHICAGO , May 16, 2024 /PRNewswire/ -- Are you ready to embark on a flavor quest that will ignite your t...

6 weeks ago - PRNewsWire

EGGO® LAUNCHES ITS MOST PROTEIN-PACKED WAFFLES EVER & A FULLY LOADED PAIR OF CUSTOM SRGN SNEAKERS TO MATCH

NEW Eggo® Fully Loaded Waffles inspired Eggo's collab with The Surgeon to drop the first-ever Eggo Fully Loaded Kicks in two flavorful colorways: Chocolate Chip Brownie & Strawberry Delight CHICAGO , ...

7 weeks ago - PRNewsWire

Kellanova recognizes Mental Health Awareness Month with Learning Resource

CHICAGO , May 13, 2024 /PRNewswire/ -- In recognition of Mental Health Awareness Month, Kellanova continues to provide education and resources to support employees' mental health, including Made Acade...

7 weeks ago - PRNewsWire

PRINGLES® POPS OUT OF THE CAN AND INTO THE BAG WITH ITS FIRST-EVER PUFFED SNACK, NEW PRINGLES® MINGLES

Snacking masterminds debut first bagged snack in 15+ years with Pringles Mingles, mingling fan-favorite flavors in a delicious, puffed form CHICAGO , May 13, 2024 /PRNewswire/ -- Pringles® are already...

7 weeks ago - PRNewsWire

STAAR Surgical Reports First Quarter 2024 Results

LAKE FOREST, Calif.--(BUSINESS WIRE)--STAAR Surgical Company (NASDAQ: K), a leading developer, manufacturer and marketer of the EVO family of Implantable Collamer® Lenses (EVO ICL™) for myopia, astigm...

2 months ago - Business Wire

Kellogg's Cereal Unit Snaps Back, Might Soon Turn Soggy

WK Kellogg no longer looks cheap, having rallied since being spun off from Kellanova.

2 months ago - WSJ

CLUB® CRISPS LAUNCHES FIRST-EVER FLAVOR COLLAB WITH MIKE'S HOT HONEY® FOR THE ULTIMATE SWEET-HEAT SNACK

Club Crisps flavored with Mike's Hot Honey bring the heat for a next-level snacking experience, available for a limited time starting in May CHICAGO , May 7, 2024 /PRNewswire/ -- Sweet and spicy snack...

2 months ago - PRNewsWire

NUTRI-GRAIN® COMBATS HANGRY MOMENTS WITH NEW NUTRI-GRAIN® POWER-FULLS PROTEIN BITES AND OFFERS $20,000 IN SEARCH OF A "HEAD OF HANGER MANAGEMENT"

Calling all mood managers, snack stashers and hanger-hampering experts! You could have the hanger squashing skills to be Nutri-Grain's first-ever Head of Hanger Management CHICAGO , May 6, 2024 /PRNew...

2 months ago - PRNewsWire

Why Kellanova Stock Jumped Despite The Food Company Missing Earnings Estimates

Kellanova (K) shares moved sharply higher Friday as the snack and breakfast food company spun off of Kellogg (KLG) said its market is bouncing back from a tough economic environment.

2 months ago - Investopedia

Kellanova CEO Steve Cahillane: Our focus is on affordability

Kellanova CEO Steve Cahillane joins 'Squawk on the Street' to discuss the company's pricing power, if the next few quarters will see more promotions, and if there will be a period of price wars.

2 months ago - CNBC Television

Kellanova's profit falls short of estimates as sales beat

Kellanova K, -1.52% the packaged food giant formerly known as Kellogg, said Thursday it had net income of $267 million, or 78 cents a share, in the first quarter, down from $298 million, or 86 cents a...

2 months ago - Market Watch

Kellanova Reports 2024 First Quarter Results

CHICAGO , May 2, 2024 /PRNewswire/ -- Kellanova (NYSE: K) today published its 2024 first quarter earnings results in documents posted to the company website at https://investor.kellanova.com/financial...

2 months ago - PRNewsWire

Kellanova Declares Regular Dividend of $0.56 per Share for Second Quarter and Announces Plans for Dividend Increase in Third Quarter

CHICAGO, April 26, 2024 /PRNewswire/ -- Kellanova (NYSE: K) today announced that its Board of Directors declared a dividend of $0.56 per share on the common stock of Kellanova, payable on June 14, 202...

2 months ago - PRNewsWire