McCormick & Company, Inc. (MKC)

NYSE: MKC · IEX Real-Time Price · USD
93.02 -1.15 (-1.22%)
Jan 25, 2022 4:00 PM EST - Market closed
Market Cap24.90B
Revenue (ttm)6.15B
Net Income (ttm)702.20M
Shares Out267.68M
EPS (ttm)2.82
PE Ratio32.99
Forward PE28.57
Dividend$1.39 (1.49%)
Ex-Dividend DateDec 30, 2021
Volume1,581,456
Open93.55
Previous Close94.17
Day's Range92.00 - 94.36
52-Week Range77.85 - 98.80
Beta0.48
AnalystsHold
Price Target88.96 (-4.4%)
Earnings DateJan 27, 2022

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 rice, spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné...

IndustryFood Products
Founded1889
CEOLawrence Kurzius
Employees13,000
Stock ExchangeNYSE
Ticker SymbolMKC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for MKC stock is "Hold." The 12-month stock price forecast is 88.96, which is a decrease of -4.36% from the latest price.

Price Target
$88.96
(-4.36% downside)
Analyst Consensus: Hold

News

Things to Keep in Mind Before McCormick's (MKC) Q4 Earnings

McCormick's (MKC) fourth-quarter fiscal 2021 performance is likely to reflect benefits from recovery in foodservice demand. Also, gains from FONA and Cholula acquisitions are upsides.

1 day ago - Zacks Investment Research

McCormick Earnings: 3 Things to Watch

The spice giant will announce its latest results in a few days.

4 days ago - The Motley Fool

McCormick (MKC) Earnings Expected to Grow: Should You Buy?

McCormick (MKC) 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.

5 days ago - Zacks Investment Research

Jim Cramer breaks down shares of Apple, Alphabet, McCormick and more

CNBC's Jim Cramer and the 'Squawk on the Street' team discuss tech stocks ahead of the market open on Thursday. "Alphabet's unbelievable, how cheap it is," Cramer says.

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5 days ago - CNBC Television

3 Best Dividend Stocks for Retirement

Investors looking for reliable retirement income should consider these stocks for their portfolios.

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5 days ago - The Motley Fool

McCormick & Company Ranked World's 14th Most Sustainable Corporation and No. 1 in Food on Corporate Knights 2022 Glob...

HUNT VALLEY, Md., Jan. 19, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today was named the world's 14th most sustainable corporation and No.

6 days ago - PRNewsWire

3 Reasons to Buy McCormick Stock and 1 Reason to Sell

The consumer staple is a blue-chip dividend stock. But is the company's valuation too steep?

2 weeks ago - The Motley Fool

Nearing Retirement? These Stocks Could Pay You for Life

Retirement means that passive income is likely your top priority.

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2 weeks ago - The Motley Fool

McCormick & Company's 2021 Fourth Quarter Results Conference Call to be Available on the Web

HUNT VALLEY, Md., Jan. 3, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its fourth quarter 2021 ...

3 weeks ago - PRNewsWire

Why the Earnings Surprise Streak Could Continue for McCormick (MKC)

McCormick (MKC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 weeks ago - Zacks Investment Research

3 Dividend Aristocrats Increasing Payments

For investors looking for income, the Dividend Aristocrat Index is an excellent place to begin their research. There are just 65 such companies that meet the criteria for this exclusive group, which inc...

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1 month ago - GuruFocus

Are You Missing Out on These 3 New Dividend Raises?

A trio of famous stock market names just declared beefy increases to their shareholder payouts.

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1 month ago - The Motley Fool

McCormick Hikes Dividend By 8.8%

McCormick & Co (NYSE: MKC) Board of Directors declared an 8.8% increase in the quarterly dividend from $0.34 to $0.37 per share on its common stock. The dividend is payable on January 10, 2022, to share...

1 month ago - Benzinga

McCormick Announces Increase in Quarterly Dividend

HUNT VALLEY, Md., Nov. 30, 2021 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) today declared an increase in the quarterly dividend from $0.34 to $0.37 per share ...

1 month ago - PRNewsWire

McCormick (MKC) Benefits From Prudent Buyouts & Cost-Savings

McCormick (MKC) is expanding its portfolio through strategic acquisitions. The company's focus on cost savings also bodes well.

1 month ago - Zacks Investment Research

McCormick Is Well-Positioned to Reward Shareholders

McCormick & Company, Inc. ( MKC , Financial) is an American food company that manufactures, markets and distributes spices, seasoning mixes, condiments and other flavoring products to food manufacturers...

2 months ago - GuruFocus

3 Food Companies Trading Near 52-Week Lows

Every living thing on the planet has to eat, so the consumer packaged goods space is a great place to look for value opportunities in any market environment.

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2 months ago - GuruFocus

3 Dividend Stocks That Should Hold Up No Matter the Market Conditions

These stocks should provide some ballast in your portfolio for the next market downturn.

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2 months ago - The Motley Fool

A Duo of Risky Picks That Could Pay Off

The following two stocks have underperformed the broader market recently. They are also in financial distress, as represented by low Altman Z-Scores, meaning that they could go bankrupt within the next ...

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2 months ago - GuruFocus

Why This Spice Stock Could Benefit From Higher Energy Prices

Energy prices are up and if that stretches budgets this winter, there's a spice stock that could be a winner.

2 months ago - The Motley Fool

3 Top Value Stocks That Could Help You Retire Early

Even in this hot market, these quality companies are trading at attractive prices.

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2 months ago - The Motley Fool

McCormick & Company Receives Inaugural HRH The Prince of Wales' Terra Carta Seal in Recognition of the Company's Comm...

HUNT VALLEY, Md., Nov. 3, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, announced that it has officially been awarded the inaugural 2021 Terra Carta Seal ...

2 months ago - PRNewsWire

Don't Let McCormick's Bland Stock Performance Keep You From Seeing Its Spicy Potential

McCormick has emerged from the pandemic stronger and is ready for continued growth

2 months ago - The Motley Fool

Blackstone's co-head of hedge fund unit McCormick to leave firm-sources

John McCormick, who has led Blackstone Group's $81 billion hedge fund unit since 2018, plans to leave the firm, two sources said on Monday.

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3 months ago - Reuters

A Strong Earnings Picture Amid Global Headwinds

Looking at Q3 as a whole, total S&P 500 earnings are expected to be up +30.3% from the same period last year on +14.1% higher revenues.

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3 months ago - Zacks Investment Research