Market closedNon-fractional
Hormel/HRL
13:30
15:10
16:45
18:25
20:00
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 US retail (64% of fiscal 2023 sales), US 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
22.75
P/E ratio
$1.40
EPS
0.27
Beta
$1.12
Dividend rate
3.50%
Dividend yield
Price and volume
Market cap
$17B
Beta
0.27
Dividend rate
$1.12
Financial strength
Current ratio
1.725
Quick ratio
0.972
Long term debt to equity
36.125
Total debt to equity
48.248
Dividend payout ratio (TTM)
78.95%
Interest coverage (TTM)
13.61%
Management effectiveness
Return on assets (TTM)
4.76%
Return on equity (TTM)
9.83%
Valuation
Price to earnings (TTM)
22.745
Price to revenue (TTM)
1.446
Price to book
2.21
Price to tangible book (TTM)
14.45
Price to free cash flow (TTM)
17.601
Dividend yield (TTM)
3.50%
Growth
Revenue change (TTM)
-1.80%
Earnings per share change (TTM)
-17.66%
3-year revenue growth (CAGR)
6.87%
3-year earnings per share growth (CAGR)
-4.75%
3-year dividend per share growth (CAGR)
5.30%
What the Analysts think about Hormel
Analyst Ratings
Majority rating from 11 analysts.
Hormel Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
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
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
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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
Market closedNon-fractional
Upcoming events
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 27, 2024.
What is the P/E ratio for Hormel stock?
The price to earnings (P/E) ratio for Hormel (HRL) stock is 22.75 as of July 27, 2024.
Does Hormel stock pay dividends?
Yes, the Hormel (HRL) stock pays dividends to shareholders. As of July 27, 2024, the dividend rate is $1.115 and the yield is 3.5%. 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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