Sysco Corporation (SYY)

NYSE: SYY · Real-Time Price · USD
73.07
-0.15 (-0.20%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.20%
Market Cap 35.89B
Revenue (ttm) 79.71B
Net Income (ttm) 1.94B
Shares Out 491.23M
EPS (ttm) 3.89
PE Ratio 18.79
Forward PE 15.75
Dividend $2.04 (2.79%)
Ex-Dividend Date Jan 3, 2025
Volume 2,968,066
Open 73.54
Previous Close 73.22
Day's Range 72.96 - 74.10
52-Week Range 69.03 - 82.89
Beta 1.18
Analysts Strong Buy
Price Target 85.71 (+17.3%)
Earnings Date Jan 28, 2025

About SYY

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. The company operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. It distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; d... [Read more]

Founded 1969
Employees 72,000
Stock Exchange NYSE
Ticker Symbol SYY
Full Company Profile

Financial Performance

In 2024, Sysco's revenue was $78.84 billion, an increase of 3.30% compared to the previous year's $76.33 billion. Earnings were $1.96 billion, an increase of 10.45%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SYY stock is "Strong Buy." The 12-month stock price forecast is $85.71, which is an increase of 17.30% from the latest price.

Price Target
$85.71
(17.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Happy Belly Food Group Signs National Distributional Agreement with Sysco

Toronto, Ontario--(Newsfile Corp. - January 17, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleas...

3 days ago - Newsfile Corp

Buy 3 'Safer' Dividend Kings Of 25 From 53 For January

“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors....

Other symbols: ADMAWRBKHCWTEDFRTFTS
5 days ago - Seeking Alpha

Starbucks Shines, QSR Faces Challenges: BofA's 2025 Restaurant Outlook

BofA Securities analysts Sara Senatore and Katherine Griffin expressed their views on the restaurant industry for the year ahead 2025.

Other symbols: SBUXQSRDNUT
6 days ago - Benzinga

Sysco Offers Houston Colleagues Unprecedented Wage Increases, Improved Benefits and More Time Off, Teamsters' Strike Call Harms Our Colleagues

Teamsters have not been serious about reaching an agreement, Sysco calls on union to reach an agreement to avoid strikes that harm colleagues and the community Teamsters have not been serious about re...

7 days ago - GlobeNewsWire

Sysco Corporation: Eating Up The Competition, Serving Up Value

Sysco, a Dividend King, is trading at historically low multiples, offering consistent growth, strong market leadership, and a robust competitive moat. The company is expanding market share, improving ...

21 days ago - Seeking Alpha

Square Teams With Sysco to Bolster Restaurant Technology

Square has launched a partnership with foodservice distributor Sysco to provide restaurants with better technology. The collaboration, announced Wednesday (Dec. 18), makes Square a Sysco “Restaurant S...

Other symbols: SQ
4 weeks ago - PYMNTS

Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow

OAKLAND, Calif.--(BUSINESS WIRE)--Today, Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers ...

4 weeks ago - Business Wire

Sysco Corporation (SYY) Presents at Morgan Stanley Global Consumer and Retail Conference - Company Call Transcript

Sysco Corporation (NYSE:SYY) Company Conference Call December 3, 2024 8:00 AM ET Company Participants Kenny Cheung - Chief Financial Officer Kevin Kim - Vice President, Investor Relations Conference ...

6 weeks ago - Seeking Alpha

Sysco A Top Socially Responsible Dividend Stock With 2.7% Yield

Sysco has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.7% yield, as well as being re...

2 months ago - Forbes

Sysco Declares Quarterly Dividend Payment

HOUSTON, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.51 per share, payable on Jan. 24, 2...

2 months ago - GlobeNewsWire

Sysco Metro New York Donates 2,500 Turkeys to Feed Those in Need This Thanksgiving

NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, presented a check for $10,000 to City Harvest, New York's first and largest food ...

2 months ago - GlobeNewsWire

Sysco Las Vegas Donates 2,500 Turkeys to Feed Those in Need This Thanksgiving

The company also donated $10,000 to Three Square Food Bank and packed food boxes to ensure everyone has access to meals this holiday season The company also donated $10,000 to Three Square Food Bank a...

2 months ago - GlobeNewsWire

Sysco Chicago Donates $10,000 and 2,500 Turkeys to the Northern Illinois Food Bank for Holidays

Sysco colleagues will distribute turkeys at community events during the company's annual Purpose Month Sysco colleagues will distribute turkeys at community events during the company's annual Purpose ...

2 months ago - GlobeNewsWire

Sysco Houston Donates 2,500 Turkeys to Feed Local Houstonians in Need This Holiday Season

HOUSTON, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, presented a check for $10,000 to the Houston Food Bank to support the local commun...

2 months ago - GlobeNewsWire

Sysco Corporation (SYY) Q1 2025 Earnings Conference Call Transcript

Sysco Corporation (NYSE:SYY) Q1 2025 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Kevin Kim - VP, IR Kevin Hourican - Chairman and CEO Kenny Cheung - CFO Conference Call...

2 months ago - Seeking Alpha

Sysco Stock: A Good Buy Heading Into Q1 Earnings?

Sysco's hybrid growth strategy through internal development and acquisitions continues to strengthen its position as a market leader in the food service sector and forms the basis for solid long-term ...

3 months ago - Seeking Alpha

3 Fortune 500 Industry Leaders Boast Ideal October Dividends

The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leader profits per Y...

Other symbols: ABTADMCOPCVSETHALMO
3 months ago - Seeking Alpha

SYGMA Kansas City Warehouse Colleagues Ratify Agreement Reached With the International Brotherhood of Teamsters Local 955, Return to Work After Just 24 Hours

KANSAS CITY, Mo., Oct. 15, 2024 (GLOBE NEWSWIRE) -- SYGMA Kansas City is pleased that our warehouse colleagues—represented by the International Brotherhood of Teamsters Local 955—have ratified a new c...

3 months ago - GlobeNewsWire

Sysco's Fall 2024 Cutting Edge Solutions is Here - Bring Something New to the Table

HOUSTON, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, announced the nationwide launch of 19 innovative, labor-saving concepts available ...

3 months ago - GlobeNewsWire

Final Trades: Delta Air Lines, Sysco and GXO Logistics Inc.

Today's Final Trades from the Investment Committee.

Other symbols: DALGXO
3 months ago - CNBC Television

Buy 7 October Dividend Kings, Watch 10 More

A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...

Other symbols: ADMBKHCWTEDFTSGPCHRL
3 months ago - Seeking Alpha

Buy 4 October Dividend Aristocrats & Watch 10

"Dividend Aristocrats... in the S&P500 Index… have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 67 Aristocrats, screened as of October 7, 2024...

Other symbols: ADMAMCRBENCVXEDFASTFRT
3 months ago - Seeking Alpha

14 Incredible High-Yield Dividend Aristocrat Bargain Buys For October

The market keeps hitting record highs, and many investors fear putting new money to work. It's always a market of stocks, not a stock market. Wonderful blue-chip bargains are always on sale if you kno...

Other symbols: AWRBTICFRCVXCWTDEOFRT
4 months ago - Seeking Alpha

If I Were To Retire, I'd Buy These 3 Dividend Stocks Without Hesitation

Dividend investing should focus on safe, steady income rather than chasing high yields. Companies with massive payouts may face underlying financial struggles. Investors need dividends that preserve p...

Other symbols: EPDO
4 months ago - Seeking Alpha

Buy 4 September Dividend Aristocrats And Watch 6

The S&P 500 Dividend Aristocrats list was rebalanced in January 2024, with notable changes including the removal of Walgreens and 3M, and the addition of Fastenal and Kenvue.

4 months ago - Seeking Alpha