J. M. Smucker (NYSE:SJM) Releases FY 2025 Earnings Guidance

J. M. Smucker (NYSE:SJM) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 9.600-10.000 for the period, compared to the consensus EPS estimate of 10.030. The company issued revenue guidance of $8.9 billion-$9.0 billion, compared to the consensus revenue estimate of $9.0 billion. J. M. Smucker also updated its FY25 guidance to $9.60-10.00 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SJM. TD Cowen reduced their target price on J. M. Smucker from $140.00 to $135.00 and set a buy rating for the company in a report on Friday, June 7th. Citigroup reduced their price objective on shares of J. M. Smucker from $139.00 to $138.00 and set a buy rating for the company in a research note on Tuesday, August 20th. StockNews.com raised shares of J. M. Smucker from a sell rating to a hold rating in a research report on Thursday. Argus reduced their price target on shares of J. M. Smucker from $150.00 to $135.00 and set a buy rating for the company in a research report on Thursday, June 13th. Finally, Wells Fargo & Company lowered their price objective on shares of J. M. Smucker from $140.00 to $130.00 and set an overweight rating on the stock in a research report on Thursday. Nine investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, J. M. Smucker presently has an average rating of Hold and an average target price of $130.21.

J. M. Smucker Stock Up 0.1 %

SJM opened at $114.80 on Thursday. J. M. Smucker has a twelve month low of $105.69 and a twelve month high of $146.29. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.25 and a current ratio of 0.52. The business has a 50 day moving average price of $115.84 and a 200 day moving average price of $116.82. The firm has a market cap of $12.19 billion, a P/E ratio of 16.11, a price-to-earnings-growth ratio of 2.42 and a beta of 0.25.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings data on Wednesday, August 28th. The company reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.26. J. M. Smucker had a net margin of 9.10% and a return on equity of 14.15%. The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the prior year, the firm earned $2.21 EPS. J. M. Smucker’s quarterly revenue was up 17.7% compared to the same quarter last year. Research analysts forecast that J. M. Smucker will post 10.05 EPS for the current year.

J. M. Smucker Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Friday, August 16th will be given a $1.08 dividend. This is an increase from J. M. Smucker’s previous quarterly dividend of $1.06. This represents a $4.32 annualized dividend and a dividend yield of 3.76%. The ex-dividend date is Friday, August 16th. J. M. Smucker’s dividend payout ratio (DPR) is currently 60.67%.

Insider Transactions at J. M. Smucker

In related news, CEO Mark T. Smucker sold 10,000 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $110.16, for a total transaction of $1,101,600.00. Following the completion of the sale, the chief executive officer now owns 78,757 shares in the company, valued at approximately $8,675,871.12. The sale was disclosed in a filing with the SEC, which is available through 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.