Ticker
HRL

Price
40.43
Stock movement down
-0.13 (-0.32%)
Company name
Hormel Foods Corporation
Exchange
(NYSE
,
Currency
USD
)
Sector
Consumer Defensive >
Packaged Foods
Market cap
22.10B
Ent value
26.63B
Price/Sales
1.78
Price/Book
2.71
Div yield
2.72%
Div growth
8.87%
Growth years
54
FCF payout
81.73%
Trailing P/E
22.59
Forward P/E
21.62
PEG
3.18
EPS growth
0.20%
1 year return
-10.39%
3 year return
-5.34%
5 year return
2.47%
10 year return
7.34%
Last updated: 2023-06-06
Hormel Foods Corporation faces challenges such as avian flu, operational issues in China, and changing consumer habits. See why I still rate HRL stock a Buy.
June 8, 2023

iO Charts is a Seeking Alpha partner

Hormel Foods Corporation (NYSE:NYSE:HRL) Q2 2023 Earnings Conference Call June 1, 2023 9:00 AM ETCompany ParticipantsDavid Dahlstrom - Director, IRJames Snee - Chairman, President &...
June 1, 2023

iO Charts is a Seeking Alpha partner

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.10
Dividend yield2.72%
Payout frequencyQuarterly
Maximum yield2.90%
Average yield2.12%
Minimum yield1.76%
Discount to avg yield22.22%
Upside potential28.57%
Yield as % of max yield93.87%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.72%
Current yield distribution4.21%
Yield at 100% (Min)1.76%
Yield at 90%1.90%
Yield at 80%1.95%
Yield at 50% (Median)2.06%
Yield at 20%2.25%
Yield at 10%2.42%
Yield at 0% (Max)2.90%

Dividend per share

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Dividend per share data
Years of growth54 years
CCC statusDividend Champion
Dividend per share1.10
Payout frequencyQuarterly
Ex-div date14 Jul 2023
EPS (TTM)1.78
EPS (1y forward)1.87
EPS growth (5y)0.20%
EPS growth (5y forward)7.10%

Dividend growth

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Dividend growth data
HRLS&P500
DGR MR5.77%-15.45%
DGR TTM5.85%11.27%
DGR 3 years7.38%4.00%
DGR 5 years8.87%5.65%
DGR 10 years13.24%7.37%
DGR 15 years13.78%5.83%
Time since last change announced199 days
EPS growth (5y)0.20%
EPS growth (5y forward)7.10%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM57.96%81.73%
Average--
Forward58.82%-
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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E22.59
Price to OCF23.14
Price to FCF31.85
Price to EBITDA13.93
EV to EBITDA16.79

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.78
Price to Book2.71
EV to Sales2.15
Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
June 1, 2023

iO Charts is a Seeking Alpha partner

Hormel Foods is a conservative and defensive stock with a 2.9% dividend yield and a 57-year history of consecutive dividend hikes. Read more about HRL here.
May 31, 2023

iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

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Per share data
Current share count546.53M
EPS (TTM)1.78
FCF per share (TTM)1.26

Income statement

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Income statement data
Revenue (TTM)12.39B
Gross profit (TTM)2.12B
Operating income (TTM)1.28B
Net income (TTM)978.13M
EPS (TTM)1.78
EPS (1y forward)1.87

Margins

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Margins data
Gross margin (TTM)17.13%
Operating margin (TTM)10.35%
Profit margin (TTM)7.90%

Balance Sheet

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Balance Sheet data
Cash599.79M
Net receivables794.36M
Total current assets3.20B
Goodwill4.93B
Intangible assets1.80B
Property, plant and equipment0.00
Total assets13.28B
Accounts payable764.52M
Short/Current long term debt3.29B
Total current liabilities1.37B
Total liabilities5.14B
Shareholder's equity8.15B
Net tangible assets887.25M

Cash flow

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Cash flow data
Operating cash flow (TTM)954.85M
Capital expenditures (TTM)261.21M
Free cash flow (TTM)693.69M
Dividends paid (TTM)566.95M

Financial returns

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Financial returns data
Return on Equity12.01%
Return on Assets7.36%
Return on Invested Capital8.54%
Cash Return on Invested Capital6.06%
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STOCK INFORMATION

Stock chart

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Stock price data
Open40.67
Daily high41.07
Daily low39.85
Daily Volume4.05M
All-time high54.81
1y analyst estimate43.24
Beta0.17
EPS (TTM)1.78
Dividend per share1.10
Ex-div date14 Jul 2023
Next earnings date30 Aug 2023

Downside potential

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Downside potential data
HRLS&P500
Current price drop from All-time high-26.24%-10.40%
Highest price drop-41.11%-56.47%
Date of highest drop1 Dec 20089 Mar 2009
Avg drop from high-10.14%-11.53%
Avg time to new high21 days13 days
Max time to new high689 days1805 days
Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
May 31, 2023

iO Charts is a Seeking Alpha partner

Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
May 22, 2023

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COMPANY DETAILS
HRL (Hormel Foods Corporation) company logo
Marketcap
22.10B
Marketcap category
Large-cap
Description
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Employees
20000
SEC filings
CEO
Jeffrey Ettinger
Country
USA
City
Austin
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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Hormel Foods has seen a few tough years with stagnating sales and declining earnings. Read more to see why I'm neutral on HRL stock.
April 10, 2023

iO Charts is a Seeking Alpha partner

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products. Find out why we maintain our buy rating on HRL stock.
April 6, 2023

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
March 30, 2023
Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
March 27, 2023
Hormel, a long-time darling of dividend investing enthusiasts, had a bad quarterly report and the stock is down 13%. Find out why I'm bearish on HRL stock.
March 9, 2023
Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
March 3, 2023
Hormel produced lower EPS in Q1 2023 than what we saw 7 years back. Read more as we review the company's earnings and see why we remain bearish on HRL stock.
March 3, 2023
Hormel Foods Corporation (NYSE:NYSE:HRL) Q1 2023 Earnings Conference Call March 1, 2023 9:30 AM ETCompany ParticipantsDavid Dahlstrom - Director of Investor RelationsJim Snee - Chairman of...
March 2, 2023
Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
March 2, 2023
Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
March 2, 2023
Get the latest news and real-time alerts from Hormel Foods Corporation (HRL) stock at Seeking Alpha.
March 1, 2023
Hormel Foods Corp. is a good consumer staples company with good brands and an excellent track record of paying dividends. Read my analysis of HRL stock.
February 12, 2023
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