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Hormel/$HRL

14:30
16:10
17:45
19:25
21:00
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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

Trading on

NYSE

Industry

Food Products

Employees

20,000

Hormel Metrics

BasicAdvanced
$18B
Market cap
22.56
P/E ratio
$1.47
EPS
0.26
Beta
$1.13
Dividend rate
3.50%
Dividend yield
$18B
0.26
$36.86
$28.51
2.6M
$1.13
2.32
1.168
37.134
37.633
76.39%
13.58%
4.86%
10.22%
22.557
1.523
2.27
13.59
17.974
3.41%
3.50%
-1.56%
1.29%
1.54%
-4.00%
4.86%

What the Analysts think about Hormel

Analyst Ratings

Analyst ratings (Buy, Hold, Sell) for Hormel stock.

Hormel Financial Performance

Income Statement

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Hormel Earnings Performance

Earnings per share (EPS)

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Upcoming events

Jan
13
Hormel
Dividend·Ex-dividend
Feb
18
Hormel
Dividend·Payment
$0.29
Per share

FAQs

What’s the current market cap for Hormel stock?

Hormel (HRL) has a market cap of $18B as of December 12, 2024.

What is the P/E ratio for Hormel stock?

The price to earnings (P/E) ratio for Hormel (HRL) stock is 22.56 as of December 12, 2024.

Does Hormel stock pay dividends?

Yes, the Hormel (HRL) stock pays dividends to shareholders. As of December 12, 2024, the dividend rate is $1.13 and the yield is 3.5%. Hormel has a payout ratio of 76.39% on a trailing twelve-month basis.

When is the next Hormel dividend payment date?

The next Hormel (HRL) dividend payment is scheduled for February 18, 2025.

What is the beta indicator for Hormel?

Hormel (HRL) has a beta rating of 0.26. 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.