Cal-Maine Foods, Inc. (CALM)
| Market Cap | 2.81B |
| Revenue (ttm) | 2.95B |
| Net Income (ttm) | 633.66M |
| Shares Out | 48.98M |
| EPS (ttm) | 12.98 |
| PE Ratio | 4.42 |
| Forward PE | 25.42 |
| Dividend | $2.96 (5.16%) |
| Ex-Dividend Date | Oct 31, 2023 |
| Volume | 598,658 |
| Open | 57.70 |
| Previous Close | 57.66 |
| Day's Range | 57.19 - 57.95 |
| 52-Week Range | 42.25 - 61.91 |
| Beta | -0.06 |
| Analysts | Sell |
| Price Target | 45.00 (-21.59%) |
| Earnings Date | Jan 3, 2024 |
About CALM
Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers p... [Read more]
Financial Performance
In 2023, CALM's revenue was $3.15 billion, an increase of 77.04% compared to the previous year's $1.78 billion. Earnings were $758.02 million, an increase of 471.45%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CALM stock is "Sell." The 12-month stock price forecast is $45.0, which is a decrease of -21.59% from the latest price.
News
Egg producer Cal-Maine to buy Tyson's chicken plant in Missouri
Egg producer Cal-Maine Foods said on Friday it had agreed to acquire a recently shut chicken broiler processing plant, hatchery and feed mill in Dexter, Missouri from Tyson Foods.
Cal-Maine Foods, Inc. Announces a Definitive Agreement to Acquire Shuttered Broiler Processing Assets in Dexter, Missouri, From Tyson Foods, Inc.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today annou...
Cal-Maine Foods, Inc. Announces Release Date for Second Quarter Fiscal 2024 Results
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company will release its second quarter fiscal 2024 financial results on Wednesday, January 3, 2024. A ...
Cal-Maine's stock rallies 9% as analyst hikes price target
Cal-Maine Foods Inc.'s stock CALM, +8.76% was rallying by 9.4% on Wednesday after Stephens analyst Ben Bienvenu hiked his price target on the egg producer to $50 a share from $45 on the prospect for s...
Cal-Maine Foods temporarily ceases production at Kansas facility
Egg producer Cal-Maine Foods said on Tuesday it had temporarily ceased production at a facility in Kansas after some of the flock tested positive for the highly pathogenic avian influenza (HPAI).
Cal-Maine Foods, Inc. Reports Positive Test Result for Avian Influenza at Kansas Facility
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or “Company”) today reported that one of the Company's facilities in Kansas tested positive for highly pathog...
Cal-Maine Foods, Inc. Issues Statement on Jury Decision
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today issue...
Cal-Maine to ‘vigorously' fight jury decision that it conspired to inflate egg prices
Cal-Maine Foods Inc. CALM said Wednesday that a jury found the egg producer, along with other defendants, were liable for an alleged conspiracy to inflate egg product prices. The damages part of the t...
Cal-Maine Foods, Inc. Issues Statement on Recent Court Decision
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today issue...
Cal-Maine Foods, Inc. to Participate in Stephens 2023 Annual Investment Conference
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that management will participate in the Stephens 2023 Annual Investment Conference to be held November 14-16, 20...
Are Bird Flu Fears at Cal-Maine Foods Overblown?
The country's largest egg producer, Cal-Maine Foods Inc. NASDAQ: CALM, saw its stock collapse over 10% on its fiscal Q1 2024 earnings report. Revenues fell by 32% as egg pricing and the hen population...
The Score: WK Kellogg, Cal-Maine, Pioneer and More Stocks That Defined the Week
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Cal-Maine Foods, Inc. Completes Acquisition of Egg Production Assets of Fassio Egg Farms, Inc.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today annou...
Cal-Maine's Profit Plunges 99% as Egg Prices Slump
Shares of Cal-Maine Foods (CALM) slumped over 6% in early trading on Wednesday as the egg producer's profit plummeted along with the price of eggs.
Cal-Maine Stock Cracks After Earnings
Flock sizes remain historically low after last year's bird flu outbreak.
Trending stocks October 4, 2023: Cal-Maine Foods, Tesla, On Holding
The S&P 500 (^GSPC) and the Nasdaq (^IXIC) are trading higher in early trading as stocks digest the ADP's private sector jobs data. Cal-Maine Foods (CALM) shares dropped after the company missed estim...
Cal-Maine Foods shares crack on diving egg prices, and other movers
Intel Corp. shares INTC, +0.65% rose nearly 2% after the chip maker said it would follow up last year's spinoff of Mobileye Global Inc. MBLY, -4.51% with an IPO of its programmable solutions group in ...
Cal-Maine stock drops on earnings miss
Shares of Cal-Maine Foods Inc. CALM dropped 12% in after-hours trade Tuesday, after the egg producer reported fiscal first-quarter results that fell below expectations. For the quarter ended Sept.
Cal-Maine Foods Reports Results for First Quarter Fiscal 2024
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today repor...
Cal-Maine Foods, Inc. Announces Definitive Agreement to Acquire Egg Production Assets of Fassio Egg Farms, Inc.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today annou...
Cal-Maine Foods, Inc. Announces Release Date for First Quarter Fiscal 2024 Results
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company will release its first quarter fiscal 2024 financial results on Tuesday, October 3, 2023. A pre...
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Cal-Maine Foods, Inc. Announces Publication of Fiscal 2022 Sustainability Report
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today released the Company's updated Fiscal 2022 Sustainability Report, which includes recent initiatives to support Cal-Maine F...
Cal-Maine Q4 sales jump on higher volumes
Cal-Maine Foods' earnings and sales handily exceeded analyst forecasts in its fiscal fourth quarter as volumes of both conventional and specialty eggs shot up.