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McCormick & Company, Inc. (MKC)

Stock Price: $83.19 USD -1.71 (-2.01%)
Updated Mar 3, 2021 4:00 PM EST - Market closed
Pre-market: $83.00 -0.19 (-0.23%) Mar 4, 4:22 AM
Market Cap 22.38B
Revenue (ttm) 5.60B
Net Income (ttm) 706.60M
Shares Out 266.82M
EPS (ttm) 2.78
PE Ratio 29.92
Forward PE 28.57
Dividend $1.24
Dividend Yield 1.49%
Trading Day March 3
Last Price $83.19
Previous Close $84.90
Change ($) -1.71
Change (%) -2.01%
Day's Open 84.65
Day's Range 83.14 - 84.90
Day's Volume 994,325
52-Week Range 55.11 - 104.44

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Zacks Investment Research - 4 days ago

McCormick (MKC) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 1 week ago

Income investors don't have to settle for flat payout growth.

Other stocks mentioned: PG, TGT
The Motley Fool - 2 weeks ago

Portfolio-changing investments can come from small beginnings.

Other stocks mentioned: ATVI, W
Seeking Alpha - 1 month ago

McCormick & Company's (MKC) CEO Lawrence Kurzius on Q4 2020 Results -Earnings Call Transcript

Zacks Investment Research - 1 month ago

McCormick's (MKC) fourth-quarter fiscal 2020 results reflect the impact of higher sales driven by growth in Consumer and Flavor Solutions unit. However, earnings fell year over year.

Zacks Investment Research - 1 month ago

McCormick (MKC) delivered earnings and revenue surprises of -2.47% and -1.59%, respectively, for the quarter ended November 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 month ago

With Wall Street seeing its worst one-day selloff on Jan 27 since October 2020 and with the bearish trend likely to continue, it's safe to bet on stocks like Allete (ALE), B&G Foods (BGS) and ...

Other stocks mentioned: ALE, BGS, CNP, MRK
The Motley Fool - 1 month ago

With a lifelong time frame, it's smart to look for both growth and income.

Other stocks mentioned: HD, NEE
Benzinga - 1 month ago

Shares of McCormick & Co (NYSE:MKC) were flat in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 50.93% year over year to $0.79, which ...

PRNewsWire - 1 month ago

HUNT VALLEY, Md., Jan. 28, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal yea...

Zacks Investment Research - 1 month ago

McCormick's (MKC) fourth-quarter fiscal 2020 performance is likely to reflect strength in the Consumer Business unit due to high demand amid COVID-19, while the Flavors Solution unit has been ...

PRNewsWire - 1 month ago

HUNT VALLEY, Md., Jan. 25, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was named the world's 6th most sustainable corporation and No. 1 in th...

The Motley Fool - 1 month ago

The spice and flavorings giant reports its latest operating results in just a few days.

Seeking Alpha - 1 month ago

TrustCo Bank Corp (TRST) CEO, Robert McCormick on Q4 2020 Results - Earnings Call Transcript

Other stocks mentioned: TRST
The Motley Fool - 1 month ago

This company has proven it can withstand economic downturns, and the stock yields much more than a savings account.

Seeking Alpha - 1 month ago

MKC is growing its consumer product portfolio with its recent acquisitions of Cholula and FONA. Despite expanding valuation multiples and net debt load, management's guidance suggest that long...

Zacks Investment Research - 1 month ago

McCormick (MKC) is strategically increasing its presence through acquisitions and expand portfolio. Also, it is gaining from escalated at-home cooking trends amid COVID-19.

The Motley Fool - 2 months ago

Patience is a virtue and a valuable trait for income investors.

Other stocks mentioned: GIS, PEP
Zacks Investment Research - 2 months ago

McCormick (MKC) acquires FONA, a leading producer of clean and natural flavors. This is set to bolster McCormick's value-added offerings and widen the flavor solutions segment.

Benzinga - 2 months ago

Food and spice company McCormick & Company, Incorporated (NYSE: MKC) announced Wednesday the acquisition of Fona International for $710 million. What Happened: Fona is a maker of clean and nat...

The Motley Fool - 2 months ago

The spice and flavorings giant is still aggressively adding to its portfolio.

Invezz - 2 months ago

In an announcement on Wednesday, McCormick & Co. (NYSE: MKC) said it had acquired FONA International for £521.79 million in cash. FONA is an Illinois-based flavour company that focuses on heal...

Market Watch - 2 months ago

McCormick & Co. announced Wednesday that it has purchased Fona International, a flavor company focused on health and nutrition, for $710 million in cash. "The acquisition of Fona reinforces Mc...

PRNewsWire - 2 months ago

HUNT VALLEY, Md., Dec. 30, 2020 /PRNewswire/ -- McCormick & Company Inc. (NYSE: MKC) (the "Company"), a global leader in flavor, today announced that it has purchased 100% of the shares of FON...

The Motley Fool - 2 months ago

These stocks offer a mix of speculation and steady growth.

Other stocks mentioned: VIVO, NWVCF
Zacks Investment Research - 2 months ago

McCormick (MKC) is witnessing higher demand thanks to increased-at home consumption amid COVID-19. Also, the company's lucrative acquisitions are worth mentioning.

The Motley Fool - 2 months ago

The top investor has a big cash position. Here's what he could spend it on.

Other stocks mentioned: DOV, GOLD, KHC, MMM, TT, XYL
GuruFocus - 2 months ago

McCormick

Other stocks mentioned: TR
The Motley Fool - 3 months ago

Recent dividend hikes make these stocks even more attractive today.

Other stocks mentioned: COST, NKE
Seeking Alpha - 3 months ago

Aflac announced a 17.8% dividend increase. That is a huge dividend increase. Rockwell, like Hormel, announced a smaller-than-expected dividend increase.

Other stocks mentioned: AFL, COST, HPQ, HRL, NKE, ROK, TJX
Zacks Investment Research - 3 months ago

McCormick (MKC) closes its previously-announced acquisition of Cholula from L Catterton for $800 million, financed through cash on hand and commercial paper.

PRNewsWire - 3 months ago

HUNT VALLEY, Md., Nov. 30, 2020 /PRNewswire/ -- McCormick & Company Inc. (NYSE: MKC) (the "Company"), a global leader in flavor, today announced that it has completed the purchase of the paren...

The Motley Fool - 3 months ago

There's no reason to sell your stock at a discount.

PRNewsWire - 3 months ago

HUNT VALLEY, Md., Nov. 25, 2020 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, has received notification of an unsolicited mini-tender offer by TRC C...

GuruFocus - 3 months ago

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.

Other stocks mentioned: CAG, CPB, HRL, KHC
Zacks Investment Research - 3 months ago

McCormick (MKC) announces plans to acquire Cholula with an aim to widen its product portfolio and accelerate growth in condiment platform.

Benzinga - 3 months ago

Confirming a Wall Street Journal report, McCormick & Company (NYSE: MKC) announced Tuesday it reached a deal to acquire the iconic hot sauce brand Cholula Hot Sauce for $800 million. Cholula's...

The Motley Fool - 3 months ago

The $800 million deal will add to its Frank's and Old Bay brands.

Schaeffers Research - 3 months ago

McCormick & Company Inc (NYSE:MKC) is in the spotlight today, after news broke that the Frank's RedHot and Old Bay hot sauce parent is acquiring another hot sauce brand.

CNN Business - 3 months ago

McCormick is adding a bit more spice to its portfolio with hot sauce Cholula.

Pulse2 - 3 months ago

McCormick & Company Inc. (NYSE: MKC) announced it signed a definitive agreement to buy the parent company of Cholula Hot Sauce for $800 million. These are the details.

Market Watch - 3 months ago

McCormick & Co. Inc. announced Tuesday a deal to buy the parent of Cholula Hot Sauce for $800 million in cash from private-equity firm L Catterton. Cholula has annual net sales of $96 million,...

PRNewsWire - 3 months ago

HUNT VALLEY, Md., Nov. 24, 2020 /PRNewswire/ -- McCormick & Company Inc. (NYSE: MKC) (the "Company"), a global leader in flavor, today announced that it has signed a definitive agreement to ac...

Zacks Investment Research - 3 months ago

McCormick (MKC) rewards shareholders by raising quarterly dividend. Also, the company's robust cost-saving efforts are yielding.

Benzinga - 3 months ago

McCormick & Company, Incorporated (NYSE: MKC) is nearing an $800 million deal to acquire hot-sauce maker Cholula from private-equity firm L Catterton, the Wall Street Journal reports. The acqu...

Other stocks mentioned: MKC.V
Seeking Alpha - 3 months ago

In this article series, we provide a weekly summary of dividend changes. A summary table provides relevant data and key statistics of dividend increases.

Other stocks mentioned: A, AEL, AFL, CCBG, CORE, MATW, MRK, MSI, NKE, RGLD, SR, THFF
The Motley Fool - 3 months ago

Which food specialist stock should you buy today?

Other stocks mentioned: MCD
Seeking Alpha - 3 months ago

Still own a house money position. We wanted a pullback from $200, and we are almost to a better buying level, but valuation is still stretched.

PRNewsWire - 3 months ago

HUNT VALLEY, Md., Nov. 20, 2020 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.62 to $0.68...

Seeking Alpha - 3 months ago

Primoris Services Corporation (PRIM) CEO Tom McCormick on Q3 2020 Results - Earnings Call Transcript

Other stocks mentioned: PRIM

About MKC

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, ... [Read more...]

Industry
Packaged Foods
Founded
1889
CEO
Lawrence Kurzius
Employees
13,000
Stock Exchange
NYSE
Ticker Symbol
MKC
Full Company Profile

Financial Performance

In 2020, McCormick's revenue was $5.60 billion, an increase of 4.75% compared to the previous year's $5.35 billion. Earnings were $706.60 million, an increase of 6.77%.

Financial Statements

Analyst Forecasts

According to 12 analysts, the average rating for McCormick stock is "Hold." The 12-month stock price forecast is 92.06, which is an increase of 10.66% from the latest price.

Price Target
$92.06
(10.66% upside)
Analyst Consensus: Hold