J. M. Smucker (SJM) to Release 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.Individual interested in participating in the company’s earnings conference call can do so using this link.

J. M. Smucker (NYSE:SJM) last 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. J. M. Smucker had a return on equity of 14.22% and a net margin of 8.77%. The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same period last year, the firm posted $2.21 EPS. J. M. Smucker’s revenue for the quarter was up 17.7% compared to the same quarter last year. 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

SJM opened at $110.47 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.55 and a quick ratio of 0.25. The firm has a market cap of $11.76 billion, a price-to-earnings ratio of 15.63, a PEG ratio of 3.06 and a beta of 0.25. J. M. Smucker has a 1 year low of $105.69 and a 1 year high of $134.62. The stock’s 50 day simple moving average is $117.05 and its 200 day simple moving average is $115.56.

J. M. Smucker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $1.08 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.32 annualized dividend and a yield of 3.91%. J. M. Smucker’s payout ratio is 61.10%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SJM. StockNews.com raised shares of J. M. Smucker from a “sell” rating to a “hold” rating in a research report on Monday, September 30th. Citigroup reduced their price target on shares of J. M. Smucker from $138.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. Wells Fargo & Company lowered their price target 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. BNP Paribas raised shares of J. M. Smucker to a “strong sell” rating in a research note on Thursday, August 29th. Finally, Bank of America reduced their price target on shares of J. M. Smucker from $130.00 to $122.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. One investment 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’s stock. Based on data from MarketBeat.com, the company 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.