J. M. Smucker (SJM) to Release Earnings on Tuesday

J. M. Smucker (NYSE:SJM) will announce its earnings results before the market opens on Tuesday, November 26th. Analysts expect the company to announce 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 that are interested in registering for the company’s earnings conference call can do so using this link.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $2.44 EPS 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 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 previous year, the firm posted $2.21 earnings per share. The company’s quarterly revenue 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 Trading Up 3.3 %

NYSE SJM opened at $110.47 on Tuesday. The company has a 50-day moving average of $117.05 and a 200-day moving average of $115.56. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.55 and a quick ratio 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 market cap of $11.76 billion, a P/E ratio of 15.63, a P/E/G ratio of 3.06 and a beta of 0.25.

J. M. Smucker Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $1.08 dividend. 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%.

Analysts Set New Price Targets

SJM has been the subject of a number of research analyst reports. StockNews.com upgraded shares of J. M. Smucker from a “sell” rating to a “hold” rating in a research note on Monday, September 30th. DA Davidson reaffirmed a “neutral” rating and issued a $121.00 price objective on shares of J. M. Smucker in a report on Thursday, August 29th. Citigroup dropped 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 research report on Thursday, August 29th. TD Cowen dropped their price target on shares of J. M. Smucker from $135.00 to $132.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Finally, Barclays cut their price objective on J. M. Smucker from $123.00 to $121.00 and set an “equal weight” rating on the stock in a report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, J. M. Smucker presently 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.