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

J. M. Smucker (NYSE:SJM) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 9.850-10.150 for the period, compared to the consensus estimate of 9.890. The company issued revenue guidance of $8.8 billion-$8.8 billion, compared to the consensus revenue estimate of $8.8 billion.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Stifel Nicolaus cut their price target on J. M. Smucker from $125.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, January 24th. TD Cowen cut shares of J. M. Smucker from a “buy” rating to a “hold” rating and cut their target price for the stock from $130.00 to $121.00 in a research report on Wednesday, January 8th. Wells Fargo & Company increased their price target on shares of J. M. Smucker from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Finally, Barclays dropped their price objective on shares of J. M. Smucker from $126.00 to $123.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $126.78.

J. M. Smucker Stock Down 2.9 %

Shares of NYSE SJM opened at $109.24 on Thursday. The firm’s 50 day moving average price is $106.16 and its 200 day moving average price is $113.26. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.27 and a current ratio of 0.58. The firm has a market cap of $11.62 billion, a P/E ratio of 22.11, a price-to-earnings-growth ratio of 3.91 and a beta of 0.27. J. M. Smucker has a 1 year low of $98.77 and a 1 year high of $127.59.

J. M. Smucker (NYSE:SJM) last released its earnings results on Thursday, February 27th. The company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $0.26. J. M. Smucker had a net margin of 5.96% and a return on equity of 14.35%. As a group, sell-side analysts anticipate that J. M. Smucker will post 9.88 earnings per share for the current year.

J. M. Smucker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $1.08 dividend. The ex-dividend date is Friday, February 14th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.95%. J. M. Smucker’s dividend payout ratio (DPR) is 87.45%.

Insider Buying and Selling

In other news, CFO Tucker H. Marshall sold 994 shares of the stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $113.00, for a total value of $112,322.00. Following the completion of the sale, the chief financial officer now owns 18,734 shares of the company’s stock, valued at $2,116,942. This represents a 5.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.40% of the company’s stock.

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.