J. M. Smucker (SJM) Stock Price, News & Analysis

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for J. M. Smucker in the last twelve months. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SJM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJM, but not buy additional shares or sell existing shares.
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12 Wall Street research analysts have issued twelve-month target prices for J. M. Smucker's stock. Their SJM share price targets range from $119.00 to $157.00. On average, they anticipate the company's stock price to reach $137.47 in the next year. This suggests a possible upside of 24.7% from the stock's current price.
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J. M. Smucker's stock was trading at $126.38 on January 1st, 2024. Since then, SJM shares have decreased by 12.8% and is now trading at $110.20.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
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The J. M. Smucker Company (NYSE:SJM) posted its quarterly earnings results on Tuesday, February, 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.27 by $0.21. The firm earned $2.23 billion during the quarter, compared to the consensus estimate of $2.22 billion. J. M. Smucker had a positive trailing twelve-month return on equity of 14.29% and a negative net margin of 1.24%. J. M. Smucker's revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.21 EPS.
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J. M. Smucker declared a quarterly dividend on Friday, January 19th. Investors of record on Friday, February 16th will be paid a dividend of $1.06 per share on Friday, March 1st. This represents a $4.24 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, February 15th.
Read our dividend analysis for SJM.

J. M. Smucker (NYSE:SJM) pays an annual dividend of $4.24 per share and currently has a dividend yield of 3.87%.
Read our dividend analysis for SJM.

ETFs with the largest weight of J. M. Smucker (NYSE:SJM) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), ASYMshares ASYMmetric S&P 500 ETF (ASPY), Invesco Bloomberg Analyst Rating Improvers ETF (RYJ), First Trust Horizon Managed Volatility Domestic ETF (HUSV), Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) and IQ Engender Equality ETF (EQUL).

J. M. Smucker updated its FY24 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of $9.45-9.65 for the period, compared to the consensus estimate of $9.53. The company issued revenue guidance of approximately $8.22 billion, compared to the consensus revenue estimate of $8.24 billion.

161 employees have rated J. M. Smucker Chief Executive Officer Mark T. Smucker on Glassdoor.com. Mark T. Smucker has an approval rating of 79% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other J. M. Smucker investors own include Johnson & Johnson (JNJ), Verizon Communications (VZ), AT&T (T), Procter & Gamble (PG), Cisco Systems (CSCO), NVIDIA (NVDA), Home Depot (HD), PepsiCo (PEP), Pfizer (PFE) and Target (TGT).

J. M. Smucker's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.21%), CWM LLC (0.19%), Los Angeles Capital Management LLC (0.06%), Benson Investment Management Company Inc. (0.03%), Mcdonald Partners LLC (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include Amy C Held, Geoff E Tanner, Jeannette L Knudsen, Jill R Penrose, John P Brase, Mark T Smucker, Richard K Smucker, Tarang Amin and Tucker H Marshall.
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Shares of SJM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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