Hormel Foods Corporation
(HRL)
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36.31 USD 0.00
Closed: 17 May, 3:55 pm
Symbol HRL
Market Cap 19.8B
Price 36.31
Open 36.09
52-wk High 41.73
50 Day Avg 34.83
Earnings Announcement 2024-05-30
Website https://www.hormelfoods.com
Name Hormel Foods Corporation
Shares Outstanding 547,688,000
Change % 0.6096%
Low 35.89
52-wk Low 28.51
200 Day Avg 34.18
Last Dividend 1.13
Exchange NYSE
Volume 2,556,189
Previous Close 36.09
High 36.33
EPS 1.45
PE 25.04
Avg Volume 2,814,919
CUSIP 440452100
Hormel Foods Corporation Outlook
Description Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Currency USD
ISIN US4404521001
Industry Packaged Foods
Changes 0.22
CUSIP 440452100
Range 28.51 - 41.73
Beta 0.27
CIK 0000048465

Hormel Foods Corporation News

18-May-2024 2:02 AM

I Wouldn't Touch This Stock With a 10-Foot Pole: Here's What I'd Buy Instead

Altria's main product is cigarettes, a business line that has seen severe volume declines. Altria's historically high dividend yield is alluring, but Hormel Foods is also offering a historically high yield.

16-May-2024 8:00 AM

MegaMex Foods Debuts HERDEZ® Quemada Charred Salsas

A line of complex and deeply charred salsas to elevate operators' menus. ORANGE, Calif.

12-May-2024 4:00 PM

3 S&P 500 Stocks to Sell in May Before They Crash & Burn

The S&P 500 has delivered impressive returns over the past year, especially in 2023, when tech stocks soared, leading the index to a remarkable 25% gain. However, not all stocks within the S&P 500 are positioned for continued success.

11-May-2024 4:33 PM

3 Magnificent S&P 500 Dividend Stocks Down 30% (or More) to Buy and Hold Forever

Realty Income is the largest net lease REIT, and it offers a lofty 5.5% dividend yield. Franklin Resources has a sticky asset management business and a 5.3% yield.

09-May-2024 6:30 AM

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

AUSTIN, Minn. , May 9, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Colleen Batcheler has been appointed to the role of senior vice president, external affairs & general counsel.

08-May-2024 10:47 AM

Is Hormel Foods (HRL) Stock Outpacing Its Consumer Staples Peers This Year?

Here is how Hormel Foods (HRL) and Tyson Foods (TSN) have performed compared to their sector so far this year.

06-May-2024 4:15 AM

Planters nuts recalled after discovery of potentially fatal contamination

Healthy individuals who consume the organism could suffer short-term symptoms like high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, according to the voluntarily issued recall.

01-May-2024 5:00 PM

Hormel Foods Corporation to Hold Second Quarter Earnings Conference Call

AUSTIN, Minn. , May 1, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the Company's second quarter financial results.

01-May-2024 8:00 AM

PLANTERS® Brand Adds a Tangy Twist to its Flavored Cashews Portfolio: Salt & Vinegar

The PLANTERS ®  brand redefines the snacking experience with the introduction of its latest delicious and innovative flavored cashews AUSTIN, Minn. , May 1, 2024 /PRNewswire/ -- Building upon the success of their irresistibly delicious flavored-cashew portfolio, the makers of the PLANTERS ® brand, the No.

30-Apr-2024 8:00 AM

Loaded Taco Joins the Bold Flavor Lineup of the CORN NUTS® Brand

Available at retailers and convenience stores nationwide, the makers of the CORN NUTS® brand now offering Loaded Taco Flavor corn kernels AUSTIN, Minn. , April 30, 2024 /PRNewswire/ -- The craveable crunchy corn kernels of the CORN NUTS® brand are a snacking staple for any occasion, and this spring, the brand team is adding a delectable new flavor to its already-plentiful portfolio of enticing options.

30-Apr-2024 3:49 AM

Hormel Foods: A Wait And See Approach For This Dividend King

Hormel Foods, a dividend king, continues to raise its dividend despite recent profitability struggles. Despite its slow growth in recent years, Hormel's balance sheet is in a better position than many other food giants. Hormel's expenses have been rising faster than revenue, impacting margins and profitability over the last decade.