J. M. Smucker (SJM) to Release Quarterly Earnings on Tuesday

J. M. Smucker (NYSE:SJM - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 26th. Analysts expect J. M. Smucker to post earnings of $2.49 per share for the quarter. J. M. Smucker has set its FY 2025 guidance at 9.600-10.000 EPS and its FY25 guidance at $9.60-10.00 EPS.Persons interested in registering for the company's earnings conference call can do so using this link.

J. M. Smucker (NYSE:SJM - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.27. The company had revenue of $2.13 billion for the quarter, compared to analysts' expectations of $2.13 billion. J. M. Smucker had a return on equity of 14.22% and a net margin of 8.77%. The firm's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period last year, the firm earned $2.21 EPS. On average, analysts expect J. M. Smucker to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

J. M. Smucker Price Performance

NYSE:SJM traded up $1.44 during mid-day trading on Tuesday, reaching $111.91. 1,067,282 shares of the stock were exchanged, compared to its average volume of 1,157,964. J. M. Smucker has a 1-year low of $105.69 and a 1-year high of $134.62. The company has a current ratio of 0.55, a quick ratio of 0.25 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $11.91 billion, a PE ratio of 15.83, a PEG ratio of 3.06 and a beta of 0.25. The business has a fifty day moving average price of $116.91 and a 200 day moving average price of $115.55.

J. M. Smucker Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a $1.08 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.86%. J. M. Smucker's dividend payout ratio (DPR) is 61.10%.

Analyst Upgrades and Downgrades

A number of research firms have commented on SJM. Bank of America reduced their price objective on shares of J. M. Smucker from $130.00 to $122.00 and set a "neutral" rating for the company in a research note on Thursday, August 29th. DA Davidson reaffirmed a "neutral" rating and issued a $121.00 price objective on shares of J. M. Smucker in a research note on Thursday, August 29th. BNP Paribas raised shares of J. M. Smucker to a "strong sell" rating in a research note on Thursday, August 29th. Wells Fargo & Company decreased their target price on J. M. Smucker from $140.00 to $130.00 and set an "overweight" rating for the company in a research report on Thursday, August 29th. Finally, Stifel Nicolaus lowered J. M. Smucker from a "buy" rating to a "hold" rating and dropped their price target for the company from $135.00 to $125.00 in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $127.09.

J. M. Smucker Company Profile

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.