J. M. Smucker (SJM) Expected to Announce Quarterly Earnings on Thursday

J. M. Smucker (NYSE:SJM - Get Free Report) is expected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $2.35 per share and revenue of $2.23 billion for the quarter. J. M. Smucker has set its FY 2025 guidance at 9.700-10.100 EPS and its FY25 guidance at $9.70-10.10 EPS.Investors that are interested in registering for the company's conference call can do so using this link.

J. M. Smucker (NYSE:SJM - Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $2.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.51 by $0.25. J. M. Smucker had a return on equity of 14.35% and a net margin of 5.96%. The firm had revenue of $2.27 billion during the quarter, compared to analysts' expectations of $2.27 billion. During the same period in the prior year, the business earned $2.59 EPS. The company's revenue for the quarter was up 17.2% compared to the same quarter last year. On average, analysts expect J. M. Smucker to post $10 EPS for the current fiscal year and $10 EPS for the next fiscal year.

J. M. Smucker Price Performance

Shares of SJM traded up $2.72 during midday trading on Friday, reaching $110.02. The stock had a trading volume of 1,759,637 shares, compared to its average volume of 1,115,269. The company's 50-day moving average is $106.26 and its 200 day moving average is $113.47. J. M. Smucker has a 12-month low of $98.77 and a 12-month high of $127.59. The company has a current ratio of 0.58, a quick ratio of 0.27 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $11.71 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 3.75 and a beta of 0.27.

J. M. Smucker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend is Friday, February 14th. J. M. Smucker's payout ratio is currently 87.45%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. TD Cowen cut J. M. Smucker from a "buy" rating to a "hold" rating and cut their price objective for the stock from $130.00 to $121.00 in a report on Wednesday, January 8th. Stifel Nicolaus dropped their target price on J. M. Smucker from $125.00 to $120.00 and set a "hold" rating for the company in a report on Friday, January 24th. Wells Fargo & Company increased their target price on J. M. Smucker from $130.00 to $135.00 and gave the company an "overweight" rating in a report on Wednesday, November 27th. Finally, Barclays dropped their target price on J. M. Smucker from $126.00 to $123.00 and set an "equal weight" rating for the company in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, J. M. Smucker presently has an average rating of "Hold" and an average price target of $126.78.

Insider Buying and Selling at J. M. Smucker

In other J. M. Smucker news, CFO Tucker H. Marshall sold 994 shares of the company's stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $113.00, for a total transaction of $112,322.00. Following the completion of the transaction, the chief financial officer now owns 18,734 shares of the company's stock, valued at $2,116,942. This represents a 5.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.40% of the stock is currently owned by corporate insiders.

About J. M. Smucker

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.