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Sanderson Farms, Inc. (SAFM)

NASDAQ: SAFM · IEX Real-Time Price · USD
186.69 -0.32 (-0.17%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap4.17B
Revenue (ttm)4.34B
Net Income (ttm)299.07M
Shares Out22.33M
EPS (ttm)13.40
PE Ratio13.94
Forward PE15.58
Dividend$1.76 (0.94%)
Ex-Dividend DateOct 4, 2021
Volume192,368
Open187.40
Previous Close187.01
Day's Range185.46 - 187.47
52-Week Range125.55 - 200.00
Beta0.65
AnalystsHold
Price Target199.17 (+6.7%)
Earnings Daten/a

About SAFM

Sanderson Farms, Inc., an integrated poultry processing company, produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States. The company sells ice-packed, chill-packed, bulk-packed, and frozen chicken primarily under the Sanderson Farms brand name to retailers, distributors, and casual dining operators in the southeastern, southwestern, northeastern, and western United States, as well as to customers who resell frozen chicken into export markets. Its prepared chicken product line includes ins...

IndustryFood Products
IPO DateMay 19, 1987
CEOJoe Sanderson
Employees17,445
Stock ExchangeNASDAQ
Ticker SymbolSAFM
Full Company Profile

Financial Performance

In 2020, SAFM's revenue was $3.56 billion, an increase of 3.60% compared to the previous year's $3.44 billion. Earnings were $28.27 million, a decrease of -46.95%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SAFM stock is "Hold." The 12-month stock price forecast is 199.17, which is an increase of 6.68% from the latest price.

Price Target
$199.17
(6.68% upside)
Analyst Consensus: Hold

News

Is Sanderson Farms (SAFM) Outperforming Other Consumer Staples Stocks This Year?

Here is how Sanderson Farms (SAFM) and Tyson Foods (TSN) have performed compared to their sector so far this year.

2 days ago - Zacks Investment Research

Should Value Investor Consider Sanderson Farms (SAFM) Now?

Let's see if Sanderson Farms (SAFM) stock is a good choice for value-oriented investors right now from multiple angles.

1 week ago - Zacks Investment Research

Sanderson Farms (SAFM) Soars to 52-Week High, Time to Cash Out?

Sanderson Farms (SAFM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

3 weeks ago - Zacks Investment Research

Sanderson Farms (SAFM) Unveils Plans to Sell its Business

Sanderson Farms (SAFM) will sell its business to a joint venture between Cargill and Continental Grain for $203 per share on a cash basis.

1 month ago - Zacks Investment Research

Sanderson Farms Announces Retirement of Board Member Fred Banks

LAUREL, Miss.--(BUSINESS WIRE)---- $SAFM--Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that Fred L. Banks, Jr. has informed the Company that he will retire from the Sanderson Farms Board of Dire...

1 month ago - Business Wire

Wayne Farms completes divestiture of Laurel poultry production complex to Amick Farms

OAKWOOD, Ga., Oct. 22, 2021 /PRNewswire/ -- Wayne Farms LLC, a subsidiary of Continental Grain Company, announced today that on October 17, 2021, it completed the sale of its Fresh Processing Complex in...

1 month ago - PRNewsWire

Sanderson Farms Stockholders Approve Combination with Cargill and Continental Grain Company

LAUREL, Miss.--(BUSINESS WIRE)---- $SAFM--Sanderson Farms, Inc. (NASDAQ: SAFM) (the “Company”) announced that at a special meeting of stockholders held earlier today, its stockholders approved the previ...

1 month ago - Business Wire

3 Top-Ranked Efficient Stocks to Enrich Your Portfolio

Ternium (TX), Centrus Energy (LEU) & Sanderson Farms (SAFM) are worth a buy owing to their solid efficiency levels.

Other symbols:LEUTX
1 month ago - Zacks Investment Research

Sanderson Farms, Inc. Announces Quarterly Dividend

LAUREL, Miss.--(BUSINESS WIRE)---- $SAFM--Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.44 (forty-four cents) per ...

2 months ago - Business Wire

Sanderson Farms (SAFM) Looks Solid: Up More Than 20% in 6 Months

Sanderson Farms (SAFM) has been benefiting from robust demand as well as efficient pricing. Also, focus on boosting assortments has been a driver.

2 months ago - Zacks Investment Research

Investing in Meat Stocks

A closer look at some meaty investment opportunties.

Other symbols:BRFSHRLPPCTSN
2 months ago - The Motley Fool

Sanderson Farms, Inc. Provides Update on Operations Affected by Hurricane Ida

LAUREL, Miss.--(BUSINESS WIRE)---- $SAFM--Sanderson Farms, Inc. (NASDAQ: SAFM) today provided an update on the Company's operations and the impact of Hurricane Ida on its locations in Louisiana and Miss...

2 months ago - Business Wire

Sanderson Farms (SAFM) Tops Q3 Earnings & Sales Estimates

Sanderson Farms' (SAFM) third-quarter fiscal 2021 results reflect a surge in the top and bottom lines. Increased foodservice and retail demand drive results, partly negated by higher feed grain costs.

3 months ago - Zacks Investment Research

Sanderson Farms (SAFM) Q3 Earnings and Revenues Surpass Estimates

Sanderson Farms (SAFM) delivered earnings and revenue surprises of 9.66% and 3.77%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Sanderson Farms: Q3 Earnings Insights

Shares of Sanderson Farms (NASDAQ:SAFM) rose 0.3% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 398.65% year over year to $7.38, which beat ...

3 months ago - Benzinga

Sanderson Farms, Inc. Reports Results for Third Quarter of Fiscal 2021

LAUREL, Miss.--(BUSINESS WIRE)---- $SAFM--Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the third fiscal quarter and nine months ended July 31, 2021. Net sales for the third quarter of...

3 months ago - Business Wire

Sanderson Farms (SAFM) Queued for Q3 Earnings: Things to Note

Sanderson Farms' (SAFM) third-quarter fiscal 2021 results are likely to reflect favorable customer demand in the foodservice channel. Higher feed cost is a concern.

3 months ago - Zacks Investment Research

Sanderson Farms (SAFM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Sanderson Farms (SAFM) 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.

3 months ago - Zacks Investment Research

Sanderson Farms, Inc. Announces Release Date for Third Quarter 2021 Results

LAUREL, Miss.--(BUSINESS WIRE)---- $SAFM--Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that the Company will release its third quarter fiscal 2021 financial results on Thursday, August 26, 2021....

3 months ago - Business Wire

U.S. senator raises concerns about Sanderson Farms sale

U.S. Senator Chuck Grassley, the top Republican on the Judiciary Committee, said that he was concerned about Cargill Inc and Continental Grain Co's plan to jointly acquire chicken producer Sanderson Farms.

3 months ago - Reuters

Sanderson Farms (SAFM) Moves 7.4% Higher: Will This Strength Last?

Sanderson Farms (SAFM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down t...

3 months ago - Zacks Investment Research

AI Identifies Sanderson Farms, Inc. Among Today's Trending Stocks

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Sanderson Farms, Inc among others.

3 months ago - Forbes

SHAREHOLDER ALERT: WeissLaw LLP Investigates Sanderson Farms, Inc.

NEW YORK, Aug. 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sanderson Farms, Inc. ("Sanderson Farms"...

3 months ago - PRNewsWire

SANDERSON FARMS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequ...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sanderson Farms, I...

3 months ago - Business Wire

Shareholder Alert: Ademi LLP investigates whether Sanderson Farms, Inc. has obtained a Fair Price in its transaction ...

MILWAUKEE, Aug. 9, 2021 /PRNewswire/ -- Ademi LLP is investigating Sanderson Farms, Inc. (NASDAQ: SAFM) for possible breaches of fiduciary duty and other violations of law in its transaction with Cargil...

3 months ago - PRNewsWire