J. M. Smucker (SJM) Stock Price, News & Analysis

Company Overview

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. It provides its products under the Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.

Key Stats

• Today's Range: $111.34 to $113.28
• 50-Day Range: $106.92 to $121.73
• 52-Week Range: $105.69 to $134.62
• Volume: 888,183 shs
• Average Volume: 1.16 million shs
• Market Capitalization: $11.92 billion
• P/E Ratio: 15.85
• Dividend Yield: 3.86%
• Price Target: $127.09
• Consensus Rating: Hold

J. M. Smucker Stock Analysis - MarketRank™

J. M. Smucker scored higher than 96% of companies evaluated by MarketBeat, and ranked 8th out of 138 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

J. M. Smucker has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

J. M. Smucker has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.95%

Earnings Growth

Earnings for J. M. Smucker are expected to grow by 6.95% in the coming year, from $9.79 to $10.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of J. M. Smucker is 15.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of J. M. Smucker is 15.85, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.97.

Price to Earnings Growth Ratio

J. M. Smucker has a PEG Ratio of 3.17. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

J. M. Smucker has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.29% of the float of J. M. Smucker has been sold short.

Short Interest Ratio / Days to Cover

J. M. Smucker has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in J. M. Smucker has recently decreased by 2.29%, indicating that investor sentiment is improving.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

J. M. Smucker is a leading dividend payer. It pays a dividend yield of 3.91%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

J. M. Smucker has been increasing its dividend for 27 years.

Dividend Coverage

The dividend payout ratio of J. M. Smucker is 61.10%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, J. M. Smucker will have a dividend payout ratio of 41.26% next year. This indicates that J. M. Smucker will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.3 / 5
• Environmental Score: -2.60

Percentage of Shares Shorted

3.29% of the float of J. M. Smucker has been sold short.

Short Interest Ratio / Days to Cover

J. M. Smucker has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in J. M. Smucker has recently decreased by 2.29%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.94

News Sentiment

J. M. Smucker has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for J. M. Smucker this week, compared to 9 articles on an average week.

Search Interest

15 people have searched for SJM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added J. M. Smucker to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, J. M. Smucker insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.40% of the stock of J. M. Smucker is held by insiders.

Percentage Held by Institutions

81.66% of the stock of J. M. Smucker is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SJM Stock Analysis - Frequently Asked Questions

How have SJM shares performed this year?

J. M. Smucker's stock was trading at $126.38 on January 1st, 2024. Since then, SJM stock has decreased by 11.3% and is now trading at $112.04.
View the best growth stocks for 2024 here.

How were J. M. Smucker's earnings last quarter?

The J. M. Smucker Company (NYSE:SJM) announced its quarterly earnings data on Wednesday, August, 28th. The company reported $2.44 earnings per share for the quarter, beating analysts' consensus estimates of $2.17 by $0.27. The firm's revenue was up 17.7% on a year-over-year basis.
Read the conference call transcript.

Does J. M. Smucker have any subsidiaries?

J. M. Smucker subsidiaries include these companies: Ainsworth Pet Nutrition, Conagra Brands - Wesson Oil Brand, Big Heart Pet Brands, Enray, Ainsworth Pet Nutrition Holdings LLC, Ainsworth Pet Nutrition LLC, Ainsworth Pet Nutrition Parent LLC, and more.

Who are J. M. Smucker's major shareholders?

Top institutional investors of J. M. Smucker include State Street Corp (6.68%), FMR LLC (3.15%), Geode Capital Management LLC (2.40%) and Champlain Investment Partners LLC (1.33%). Insiders that own company stock include Richard K Smucker, Mark T Smucker, John P Brase, Tucker H Marshall, Jeannette L Knudsen, Jill R Penrose, Amy C Held, Tarang Amin and Geoff E Tanner.
View institutional ownership trends.

How do I buy shares of J. M. Smucker?

Shares of SJM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of J. M. Smucker own?

Based on aggregate information from My MarketBeat watchlists, some other companies that J. M. Smucker investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Yum! Brands (YUM) and Edwards Lifesciences (EW).

Company Calendar

• Ex-Dividend for 9/3 Dividend: 8/16/2024
• Last Earnings: 8/28/2024
• Dividend Payable: 9/03/2024
• Ex-Dividend for 12/2 Dividend: 11/15/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 11/26/2024
• Dividend Payable: 12/02/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Canned fruits & specialties
• Sub-Industry: Packaged Foods & Meats
• Current Symbol: NYSE:SJM
• CUSIP: 83269640
• CIK: 91419
• Web: www.jmsmucker.com
• Phone: (330) 682-3000
• Fax: 330-684-6410
• Employees: 9,000
• Year Founded: 1897

Price Target and Rating

• Average Stock Price Target: $127.09
• High Stock Price Target: $136.00
• Low Stock Price Target: $121.00
• Potential Upside/Downside: +13.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.07
• Trailing P/E Ratio: 15.85
• Forward P/E Ratio: 11.44
• P/E Growth: 3.17
• Net Income: $744 million
• Net Margins: 8.77%
• Pretax Margin: 11.81%
• Return on Equity: 14.22%
• Return on Assets: 5.42%

Debt

• Debt-to-Equity Ratio: 0.87
• Current Ratio: 0.55
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: $8.18 billion
• Price / Sales: 1.46
• Cash Flow: $14.02 per share
• Price / Cash Flow: 7.99
• Book Value: $72.46 per share
• Price / Book: 1.55

Miscellaneous

• Outstanding Shares: 106,410,000
• Free Float: 102,788,000
• Market Cap: $11.92 billion
• Optionable: Optionable
• Beta: 0.25