Hormel Foods Corporation anticipates a 15.1% increase in quarterly revenues, reaching nearly $3 billion, while showcasing a positive Earnings ESP of +1.29%. The company continues its tradition of financial stability with a dividend payout that has escalated to $1.04 per share this year, marking over 50 years of consecutive increases. With a Zacks Rank of #3 (Hold), Hormel reinforces its commitment to investors amid notable earnings beats in its last four quarters.
“Hormel · currently boasts a Zacks Rank · ranking · #3 (Hold)”
“Hormel Foods (HRL) · has consistently raised its dividend · over 20 years”
“Hormel Foods (HRL) · has a dividend payout · $1.04 · per share”
“Hormel Foods (HRL) · has consistently raised its dividend · over the last 50 years · true”
“Hormel Foods · has raised dividend · over the last 50 years · true”
“Hormel Foods HRL · currently has · an Earnings ESP of +1.29%”
“The Zacks Consensus Estimate for Hormel Foods’ quarterly revenues · indicates · an improvement of 15.1% · $3 billion”
“Hormel Foods · has dividend payout · $1.04 · 1.04”
“Hormel Foods · has Zacks Rank · Hold · #3”
“HRL · has forward P/E ratio · 27.69”
“HRL · has PEG ratio · 3.48”
“HRL · has P/B ratio · 4.09”
