Sanderson Farms, Inc. (SAFM)
| Market Cap | 4.17B |
| Revenue (ttm) | 4.34B |
| Net Income (ttm) | 299.07M |
| Shares Out | 22.33M |
| EPS (ttm) | 13.40 |
| PE Ratio | 13.94 |
| Forward PE | 15.58 |
| Dividend | $1.76 (0.94%) |
| Ex-Dividend Date | Oct 4, 2021 |
| Volume | 192,368 |
| Open | 187.40 |
| Previous Close | 187.01 |
| Day's Range | 185.46 - 187.47 |
| 52-Week Range | 125.55 - 200.00 |
| Beta | 0.65 |
| Analysts | Hold |
| Price Target | 199.17 (+6.7%) |
| Earnings Date | n/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...
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 StatementsAnalyst 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.
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.
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.
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.
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.
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...
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...
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...
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.
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 ...
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.
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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...
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.
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?
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 ...
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...
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.
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.
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....
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.
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...
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.
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"...
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...
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...