J M Smucker (NYSE:SJM) is set to release its earnings data before the market opens on Wednesday, November 28th. Analysts expect J M Smucker to post earnings of $2.35 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

J M Smucker (NYSE:SJM) last released its quarterly earnings data on Tuesday, August 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.02. J M Smucker had a return on equity of 12.20% and a net margin of 17.91%. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the business posted $0.96 EPS. J M Smucker’s quarterly revenue was up 9.0% on a year-over-year basis. On average, analysts expect J M Smucker to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

NYSE SJM opened at $112.28 on Wednesday. J M Smucker has a 1-year low of $96.13 and a 1-year high of $133.38. The company has a market capitalization of $12.86 billion, a P/E ratio of 14.11, a PEG ratio of 2.11 and a beta of 0.35. The company has a quick ratio of 0.51, a current ratio of 1.17 and a debt-to-equity ratio of 0.78.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Investors of record on Friday, November 16th will be paid a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 3.03%. The ex-dividend date of this dividend is Thursday, November 15th. J M Smucker’s payout ratio is currently 42.71%.

Several research firms recently weighed in on SJM. Zacks Investment Research reaffirmed a “sell” rating on shares of J M Smucker in a research note on Thursday, November 15th. ValuEngine downgraded J M Smucker from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 23rd. Bank of America reaffirmed a “neutral” rating and issued a $106.00 price objective on shares of J M Smucker in a research note on Wednesday, October 3rd. Wolfe Research downgraded J M Smucker from a “peer perform” rating to an “underperform” rating in a research note on Wednesday, September 26th. Finally, Credit Suisse Group set a $95.00 price objective on J M Smucker and gave the company a “sell” rating in a research note on Friday, September 21st. Four analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $122.09.

In other J M Smucker news, SVP Jeannette L. Knudsen sold 1,500 shares of the stock in a transaction on Monday, September 10th. The stock was sold at an average price of $110.74, for a total transaction of $166,110.00. Following the sale, the senior vice president now owns 26,224 shares in the company, valued at approximately $2,904,045.76. The sale was disclosed in a legal filing with the SEC, which is available through this link. 3.92% of the stock is currently owned by corporate insiders.

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About J M Smucker

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Away From Home. The company primarily offers coffee, pet food and pet snacks, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, frozen sandwiches, flour and baking ingredients, juices and beverages, and portion control products.

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Earnings History for J M Smucker (NYSE:SJM)

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