Hormel/HRL

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14:25
15:15
16:10
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1D1W1MYTD1YMAX

About Hormel

Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 70% of fiscal 2023 sales were from perishable food and 30% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

Ticker

HRL

Sector

Consumer Non-Cyclicals

Trading on

NYSE

Industry

Food Products

Headquarters

Austin, United States

Employees

20,000
Website
www.hormelfoods.com

Hormel Metrics

BasicAdvanced
$17B
Market cap
21.82
P/E ratio
$1.40
EPS
0.27
Beta
$1.12
Dividend rate
3.65%
Dividend yield
$17B
0.27
$1.12
1.725
0.972
36.125
48.248
78.95%
13.61%
4.76%
9.83%
21.82
1.39
2.12
13.87
16.89
3.65%
-1.80%
-17.66%
6.87%
-4.75%
5.30%

What the Analysts think about Hormel

Analyst Ratings

Majority rating from 11 analysts.
Hold

Hormel Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
6.55% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$2.9B
-3.66%
Net income
$189M
-13.53%
Profit margin
6.55%
-10.27%

Hormel Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 5.96%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$0.40
$0.42
$0.41
$0.38
-
Expected
$0.41
$0.44
$0.33
$0.36
$0.36
Surprise
-2.79%
-5.46%
22.55%
5.96%
-

Hormel News

AllArticlesVideos

Hormel Foods Announces Appointment of Colleen Batcheler as Senior Vice President, External Affairs & General Counsel

PRNewsWire·2 months ago

Planters nuts recalled after discovery of potentially fatal contamination

New York Post·2 months ago

Hormel Foods Corporation to Hold Second Quarter Earnings Conference Call

PRNewsWire·2 months ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional

Upcoming events

Jul
15
Hormel
Dividend·Ex-dividend
Aug
15
Hormel
Dividend·Payment
$0.2825
Per share

FAQs

What’s the current market cap for Hormel stock?

Hormel (HRL) has a market cap of $17B as of July 03, 2024.

What is the P/E ratio for Hormel stock?

The price to earnings (P/E) ratio for Hormel (HRL) stock is 21.82 as of July 03, 2024.

Does Hormel stock pay dividends?

Yes, the Hormel (HRL) stock pays dividends to shareholders. As of July 03, 2024, the dividend rate is $1.115 and the yield is 3.65%. Hormel has a payout ratio of 78.95% on a trailing twelve-month basis.

When is the next Hormel dividend payment date?

The next Hormel (HRL) dividend payment is scheduled for August 15, 2024.

What is the beta indicator for Hormel?

Hormel (HRL) has a beta rating of 0.27. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

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