Hormel Foods Corporation

HRL

New York Stock Exchange. Currency in USD

45.49 -0.17 ( -0.37% )

Real time prices: December 19

Market Cap.
24.86B
Beta (5Y monthly)
0.15
Price/Earnings
26.04
EPS (TTM)
1.83
Forward Dividend
1.10 (2.37%)
Ex-Dividend Date
Jan 17, 2023
Volume
1.96M
1y Target Est.
46.38
Day's Range
45.20
-
45.98
52 Week's Range
44.21
-
55.11

Historical Summary

Performance
EPS growth
Share Buybacks

About Hormel Foods Corporation

Sector
Consumer Defensive
Industry
Packaged Foods
Website
https://www.hormelfoods.com
Exchange
New York Stock Exchange (XNYS)
Shares Outstanding
542.56M
Employees
20000
Address
1 Hormel Place, Austin, MN, United States, 55912-3680
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.

Latest news

Hormel Foods (HRL) Expands With Stake Buyout in Garudafood
Hormel Foods (HRL) Expands With Stake Buyout in Garudafood

Hormel Foods (HRL) acquires a minority stake in Indonesia-based Garudafood. This is likely to help...
By Zacks Investment Research - 7 weeks ago

Reliable Passive Income: an Analysis on Dividend Kings
Reliable Passive Income: an Analysis on Dividend Kings

A Dividend King is any stock that has increased its dividend for 50+ cosecutive years,...
By The Motley Fool - 7 weeks ago

2 Supercharged Dividend Stocks to Buy in a Bear Market
2 Supercharged Dividend Stocks to Buy in a Bear Market

Don't let these income stocks pass you by.
By The Motley Fool - 8 weeks ago

3 Dividend Stocks to Recession-Proof Your Portfolio
3 Dividend Stocks to Recession-Proof Your Portfolio

Income-generating stocks can be just what your portfolio needs in times of economic turmoil.
By The Motley Fool - 9 weeks ago

JP Morgan Maintains Neutral Rating for Hormel Foods: Here's What You Need To Know
JP Morgan Maintains Neutral Rating for Hormel Foods: Here's What You Need To Know

JP Morgan has decided to maintain its Neutral rating of Hormel Foods (NYSE:HRL) and lower...
By Benzinga - 9 weeks ago

Hormel Foods stock slides 4.7% after sales were hurt by weakness in turkey business
Hormel Foods stock slides 4.7% after sales were hurt by weakness in turkey business

Hormel Foods stock slid Wednesday after a sales miss and soft guidance amid high costs...
By MarketWatch - 9 weeks ago

S&P 500's Best Dividend Aristocrats
S&P 500's Best Dividend Aristocrats

Investors looking for stability and payout growth should look closer at Dividend Aristocrat stocks.
By The Motley Fool - 9 weeks ago

Dow ends over 700 points higher to exit bear market after Powell signals smaller interest-rate hikes ahead
Dow ends over 700 points higher to exit bear market after Powell signals smaller interest-rate hikes ahead

U.S. stocks finished sharply higher Wednesday after Fed Chair Powell said the central bank's pace...
By MarketWatch - 9 weeks ago