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

J. M. Smucker (NYSE:SJM) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 9.700-10.100 for the period, compared to the consensus estimate of 9.780. The company issued revenue guidance of $8.9 billion-$9.0 billion, compared to the consensus revenue estimate of $8.9 billion. J. M. Smucker also updated its FY25 guidance to $9.70-10.10 EPS.

J. M. Smucker Stock Performance

Shares of NYSE SJM opened at $120.15 on Wednesday. J. M. Smucker has a 12-month low of $105.69 and a 12-month high of $134.62. The company has a market cap of $12.79 billion, a PE ratio of 16.99, a P/E/G ratio of 3.19 and a beta of 0.25. The stock has a 50 day simple moving average of $116.42 and a 200-day simple moving average of $115.55. The company has a current ratio of 0.55, a quick ratio of 0.25 and a debt-to-equity ratio of 0.87.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings results on Tuesday, November 26th. The company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.49 by $0.27. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.27 billion. J. M. Smucker had a return on equity of 14.22% and a net margin of 8.77%. The company’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.59 earnings per share. On average, equities research analysts forecast that J. M. Smucker will post 9.79 EPS for the current year.

J. M. Smucker Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend is Friday, November 15th. J. M. Smucker’s dividend payout ratio is currently 61.10%.

Analysts Set New Price Targets

A number of research firms have weighed in on SJM. Citigroup cut their target price on J. M. Smucker from $138.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. Barclays cut their price objective on J. M. Smucker from $123.00 to $121.00 and set an “equal weight” rating for the company in a report on Friday, August 30th. Stifel Nicolaus lowered J. M. Smucker from a “buy” rating to a “hold” rating and lowered their target price for the stock from $135.00 to $125.00 in a report on Friday, October 25th. BNP Paribas raised shares of J. M. Smucker to a “strong sell” rating in a report on Thursday, August 29th. Finally, TD Cowen lowered their price objective on shares of J. M. Smucker from $135.00 to $132.00 and set a “buy” rating on the stock in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, J. M. Smucker currently has a consensus rating of “Hold” and an average price target of $127.09.

J. M. Smucker Company Profile

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.