Kellanova Co (K)

NYSE: K · IEX Real-Time Price · USD
55.42
-0.75 (-1.34%)
At close: Apr 12, 2024, 4:00 PM
55.23
-0.19 (-0.34%)
After-hours: Apr 12, 2024, 7:19 PM EDT
-1.34%
Market Cap 18.94B
Revenue (ttm) 13.12B
Net Income (ttm) 951.00M
Shares Out 341.76M
EPS (ttm) 2.76
PE Ratio 20.08
Forward PE 15.18
Dividend $2.24 (4.04%)
Ex-Dividend Date Feb 29, 2024
Volume 2,931,806
Open 56.20
Previous Close 56.17
Day's Range 55.08 - 56.36
52-Week Range 47.63 - 67.89
Beta 0.41
Analysts Hold
Price Target 60.21 (+8.64%)
Earnings Date May 2, 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 $60.21, which is an increase of 8.64% from the latest price.

Price Target
$60.21
(8.64% upside)
Analyst Consensus: Hold
Stock Forecasts

News

PRINGLES® AND CROCS™ COMBINE FASHION AND FLAVOR WITH A ONE-OF-A-KIND CRUSH BOOT, FIRST-EVER CROCS-INSPIRED CRISPS AND MORE DELICIOUS DESIGNS IN GLOBAL COLLECTION

Anytime snacking with a custom Pringles can holster and Crocs-inspired flavor take center stage in a stacked collection CHICAGO , April 11, 2024 /PRNewswire/ -- That's right – you can now put your Pri...

Other symbols: CROX
2 days ago - PRNewsWire

Kellanova 2024 Annual Shareowners Meeting to be Webcast Live

CHICAGO , April 10, 2024 /PRNewswire/ -- Kellanova (NYSE: K) will host a live audio webcast of its 2024 Annual Meeting of Shareowners. Presentation slides will be available for viewing and download.

3 days ago - PRNewsWire

Eggo® and Jewel-Osco give time, waffles to fight food insecurity in Northern Illinois

Eggo® donates 180,000 waffles to Northern Illinois Food Bank CHICAGO , April 5, 2024 /PRNewswire/ -- According to Feeding America, 1 in 11 Illinoisians are facing hunger. That's why Eggo®, a Kellanova...

8 days ago - PRNewsWire

POP-TARTS® ADDS A SWEET TWIST TO SNACK TIME WITH POP-TARTS® CRUNCHY POPPERS AS ITS FIRST-EVER CRUNCHY SNACK

Bringing more Crazy Good crunch to snack time, this latest Pop-Tarts® innovation will be available on shelves starting in April. CHICAGO , April 3, 2024 /PRNewswire/ -- In a crunchy snack-obsessed wor...

10 days ago - PRNewsWire

Kellanova Sets Date for 2024 First Quarter Results Webcast

CHICAGO , April 1, 2024 /PRNewswire/ -- Kellanova (NYSE: K) plans to issue its 2024 first quarter financial results at approximately 8:00 am ET on Thursday, May 2, 2024.  The following documents will ...

12 days ago - PRNewsWire

JOIN SHAWN JOHNSON EAST IN NASHVILLE TO CELEBRATE THE RETURN OF MORNINGSTAR FARMS® RIBLETS

Fan-favorite Riblets make a comeback after more than 5 years and reward fans through The Riblets Return Tour CHICAGO , March 19, 2024 /PRNewswire/ -- MorningStar Farms® is kicking off The Riblets Retu...

25 days ago - PRNewsWire

Kellogg's Froot Loops made with ‘harmful additives' despite vow to remove dyes: shareholder

"Kellogg fills its most ubiquitous cereal products in the US..with harmful artificial dyes, such as Red 40, Yellow 6, and Blue 1," Jason Karp wrote in a letter.

4 weeks ago - New York Post

Ethisphere names Kellanova as one of the World's Most Ethical Companies® for the 16th time

Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs. CHICAGO, March 7, 2024 /PRNewswire/ --...

5 weeks ago - PRNewsWire

Hidden Valley® Ranch and Cheez-It ®Join Forces to Create the Cheeziest Ranch Yet

The NEW Hidden Valley Ranch flavor - along with six additional flavors - will be hitting shelves this spring OAKLAND, Calif. , March 6, 2024 /PRNewswire/ -- Hidden Valley Ranch and Cheez-It have come ...

5 weeks ago - PRNewsWire

Kellogg's boss says poor people should eat cereal for dinner

The boss of Kellogg's has been criticised for suggesting poor people should eat cereal for dinner to save money.

6 weeks ago - Skynews

Kellogg CEO faces criticism for suggesting consumers eat cereal for dinner

Kellogg is facing backlash for suggesting consumers eat cereal for dinner. The messaging comes as the cost of food is taking a huge bite out of consumers' budgets.

6 weeks ago - Fox Business

Let them eat Flakes: Kellogg's CEO says poor families should consider ‘cereal for dinner'

Multimillionaire Gary Pilnick was excoriated on the internet, especially as cereal prices have risen 28% over the last four years

6 weeks ago - The Guardian

THE RUMORS ARE TRUE: PRINGLES® BRINGS BACK FAN-FAVORITE HONEY MUSTARD FLAVOR ANSWERING THOUSANDS OF SOCIAL MEDIA PLEAS

Pringles' most asked for flavor Honey Mustard is back by popular demand CHICAGO , Feb. 27, 2024 /PRNewswire/ -- Ask and you shall receive. After thousands1 took to social media pleading for a tasty re...

6 weeks ago - PRNewsWire

Kellogg's CEO faces backlash after suggesting people should eat cereal for dinner to save money

Kellogg's CEO Gary Pilnick advised shoppers chalking up more of their paychecks to soaring grocery bills than they have in the past three decades to just eat cereal instead.

6 weeks ago - New York Post

EGGO HOUSE OF PANCAKES IS HERE: A LITERAL "PANCAKE HOUSE" YOU CAN STAY IN

In celebration of National Pancake Day, the brand best known for waffles unveils a one-of-a-kind rental property—larger-than-life stack of flapjacks—bookable exclusively on HomeToGo.com  CHICAGO , Feb...

6 weeks ago - PRNewsWire

Kellanova CEO on launching Cheez-Its globally: We adapt the cheese flavor to local tastes

Steve Cahillane, Kellanova CEO, joins 'Money Movers' to discuss how Kellanova is differentiating themselves from competitors, how Cheez-Its will launch globally, and this era of inflation will see foo...

7 weeks ago - CNBC Television

Kellanova Declares Regular Dividend of $0.56 per Share

CHICAGO , Feb. 16, 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 March 15, 20...

2 months ago - PRNewsWire

5 Tech Priorities Shaping the Future of Kellanova

The CPG industry is undergoing a significant transformation driven by changing consumer behaviors and technological advancements. Kellanova SVP, Chief Digital and Information Officer, Lesley Salmon, s...

2 months ago - PRNewsWire

Eggo® is helping foster Black agriculture through partnership with National Black Growers Council

First-of-its-kind partnership gives more Black farmers access to technical assistance and education CHICAGO , Feb. 13, 2024 /PRNewswire/ -- In 1920, approximately 14 percent of farmers in the United S...

2 months ago - PRNewsWire

Kellanova's stock climbs after earnings beat, as higher prices offset a drop in volume for the snacks and cereal company

Shares of Kellanova K, -1.36%, formerly known as Kellogg, climbed 2% ahead of Thursday's open, as the snacks and cereal company, with brands including Pop-Tarts, Cheez-It and Special K, beat fourth-qu...

2 months ago - Market Watch

Kellanova Reports 2023 Fourth Quarter Results

CHICAGO, Feb. 8, 2024 /PRNewswire/ -- Kellanova (NYSE: K) today published its 2023 fourth quarter earnings results in documents posted to the company website at https://investor.kellanova.com/financia...

2 months ago - PRNewsWire

CHRIS PRATT IS MR. P: PRINGLES® 2024 BIG GAME AD SPOT SHOWS THE HOLLYWOOD STAR'S UNCANNY RESEMBLENCE TO THE ICONIC MUSTACHED CHARACTER

Celebrating Fans Flocking to Find Mr. P Beyond the Snack Aisle – Once You See Mr.

2 months ago - PRNewsWire

Kellanova to Webcast Presentation at 2024 CAGNY Conference

CHICAGO , Feb. 2, 2024 /PRNewswire/ -- Kellanova (NYSE: K) will webcast its presentation to the 2024 Consumer Analyst Group of New York Conference live at 2:00 pm ET, Wednesday, February 21, 2024.  Sp...

2 months ago - PRNewsWire

Galentine's Day with Kellanova: Love at first bite

CHICAGO , Feb. 1, 2024 /PRNewswire/ -- In celebration of the unofficial holiday celebrating female friendship, Kellanova highlights ways to celebrate food and friendship on February 13. Sarah Reinecke...

2 months ago - PRNewsWire

Kellanova set to achieve 90 percent renewable electricity across North America in 2024

Pringles® and Pop-Tarts® maker continues to make progress on renewable electricity transformation Announcement represents significant step as part of Kellanova's Better Days Promise to advance sustain...

2 months ago - PRNewsWire