Research Analysts Offer JM Smucker Company (NYSE:SJM) Q2 2025 Earnings Forecasts

VaselineSeptember 2, 2024

0 4 minutes read

JM Smucker Company (NYSE:SJM – Free Report ) – Stock analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of JM Smucker in a report issued on Friday, August 30th. DA Davidson analyst B. Holland anticipates that the company will post earnings per share of $2.54 for the quarter. DA Davidson presently has a “Neutral” rating and a $121.00 target price on the stock. The consensus estimate for JM Smucker’s current full-year earnings is $9.84 per share. DA Davidson also issued estimates for JM Smucker’s 2025 earnings at $9.69 EPS and 2026 earnings at $10.22 EPS.

A number of other research firms have also weighed in on SJM. StockNews.com raised shares of JM Smucker from a “sell” rating to a “hold” rating in a research note on Thursday. Wells Fargo & Company reduced their price objective on shares of JM Smucker from $140.00 to $130.00 and set an “overweight” rating on the stock in a research note on Thursday. Bank of America reduced their price objective on shares of JM Smucker from $130.00 to $122.00 and set a “neutral” rating on the stock in a report on Thursday. Argus cut their price target on JM Smucker from $150.00 to $135.00 and set a “buy” rating for the company in a report on Thursday, June 13th. Finally, Citigroup cut their price target on JM Smucker from $138.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $127.25, according to MarketBeat.com.

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JM Smucker Price Performance

Shares of SJM stock opened at $114.68 on Monday. The stock has a market cap of $12.20 billion, a price-to-earnings ratio of 16.11, a P/E/G ratio of 2.32 and a beta of 0.25. The company has a current ratio of 0.55, a quick ratio of 0.25, and a debt-to-equity ratio of 0.87. JM Smucker has a 12-month low of $105.69 and a 12-month high of $146.29. The stock has a fifty day simple moving average of $116.04 and a two hundred day simple moving average of $116.55.

JM Smucker (NYSE:SJM – Get Free Report ) last announced its quarterly earnings results on Wednesday, August 28th. The company reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.27. JM Smucker had a return on equity of 14.22% and a net margin of 8.77%. The firm had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.13 billion. In the same quarter last year, the company earned $2.21 per share. JM Smucker’s quarterly revenue was up 17.7% on a year-over-year basis.

JM Smucker Raises Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Friday, August 16th will be paid a dividend of $1.08 per share. This is an increase from JM Smucker’s previous quarterly dividend of $1.06. This represents an annualized dividend of $4.32 and a dividend yield of 3.77%. The ex-dividend date is Friday, August 16. JM Smucker’s payout ratio is currently 60.67%.

Indoor activity

In other JM Smucker news, CEO Mark T. Smucker sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $110.16, for a total transaction of $1,101,600.00. Following the completion of the transaction, the chief executive officer now directly owns 78,757 shares of the company’s stock, valued at approximately $8,675,871.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible via this link. Corporate insiders own 3.40% of the company’s shares.

JM Smucker’s Institutional Trading

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advantage Trust Co purchased a new stake in JM Smucker during the fourth quarter valued at $25,000. Studio Investment Management LLC acquired a new stake in shares of JM Smucker in the second quarter worth approximately $26,000. Cooksen Wealth LLC purchased a new stake in shares of JM Smucker in the 4th quarter valued at about $33,000. Venturi Wealth Management LLC purchased a new position in shares of JM Smucker in the first quarter valued at about $35,000. Finally, Quarry LP boosted its holdings in JM Smucker by 212.6% in the second quarter. Quarry LP now owns 322 shares of the company’s stock worth $35,000 after purchasing an additional 219 shares during the period. 81.66% of shares are owned by institutional investors and hedge funds.

JM Smucker Company Profile

(Get a free report)

The JM Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: US Retail Pet Foods, US Retail Coffee and US Retail Consumer Foods. The company offers roasted, ground, single serve and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings and syrups; jelly products; mixed nut products; shortening and oils; Frozen sandwiches and snacks; pet food and pet snacks; and hot beverages for foodservice, portion control for foodservice and flour products, as well as dog and cat food, portable frozen products, juices and beverages, and baking mixes and ingredients.