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

J. M. Smucker (NYSE:SJM) is scheduled to release its earnings data 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 participating in the company’s earnings conference call can do so using this link.

J. M. Smucker (NYSE:SJM) last posted its earnings results on Wednesday, August 28th. The company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.27. J. M. Smucker had a net margin of 8.77% and a return on equity of 14.22%. The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the previous year, the firm posted $2.21 EPS. The business’s quarterly revenue was up 17.7% on a year-over-year basis. 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 Stock Down 0.5 %

Shares of NYSE:SJM opened at $113.30 on Monday. The company has a market cap of $12.06 billion, a price-to-earnings ratio of 16.03, a PEG ratio of 3.18 and a beta of 0.25. J. M. Smucker has a 12 month low of $105.69 and a 12 month 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 company has a 50-day moving average price of $116.57 and a 200 day moving average price of $115.55.

J. M. Smucker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend is Friday, November 15th. J. M. Smucker’s payout ratio is 61.10%.

Analysts Set New Price Targets

SJM has been the topic of several recent research reports. DA Davidson restated a “neutral” rating and set a $121.00 price target on shares of J. M. Smucker in a report on Thursday, August 29th. StockNews.com raised shares of J. M. Smucker from a “sell” rating to a “hold” rating in a research note on Monday, September 30th. Citigroup dropped their price target on shares of J. M. Smucker from $138.00 to $136.00 and set a “buy” rating for the company 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. Finally, Stifel Nicolaus lowered J. M. Smucker from a “buy” rating to a “hold” rating and dropped their target price 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 issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price 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.