After Hours
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Stocks Info
Hormel Foods Corp. is listed on the NYSE in the Consumer Defensive sector while operating in the Packaged Foods industry. The current market capitalization of Hormel Foods Corp. is $17.05B. A total of 1.38 million shares were traded on the day, compared to an average of 2.23M shares.
In the most recent transaction, LYKKEN STEVEN J sold 9,800 shares of HRL for 31.91 per share on Sep 27 ’24. After the transaction, the GROUP VICE PRESIDENT now owns 30,589 company shares. In a previous transaction on Sep 27 ’24, LYKKEN STEVEN J bought 9,800 shares at 31.91 per share.
Among the insiders who sold shares, Myers Kevin L disposed of 10,000 shares on Sep 18 ’24 at a per-share price of $32.70. This resulted in the SENIOR VICE PRESIDENT holding 39,050 shares of HRL after the transaction. In another insider transaction, Myers Kevin L bought 14,800 shares at $33.10 per share on Sep 19 ’24.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Hormel Foods Corp. pays an annual dividend of $1.13, resulting in a dividend yield of 3.63%, and it has a price to earnings (P/E) ratio of 21.84. HRL’s most recent ex-dividend date was 10/15/2024 when it declared a $0.2820 quarterly dividend that was paid in cash on 11/15/2024. Previously, the company paid the dividend on 8/15/2024 with an ex-dividend date of 7/15/2024. The HRL stock dividend was $0.2825 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, HRL has a high of $36.86 and a low of $28.51.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. HRL’s latest balance sheet shows that the firm has $634.69M in Cash & Short Term Investments as of fiscal 2021. There were $3.32B in debt and $1.42B in liabilities at the time. Its Book Value Per Share was $14.35, while its Total Shareholder’s Equity was $6.98B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HRL is Buy with a score of 2.90.
