NASDAQ: CALM
Cal-Maine Foods, Inc.
Consumer Defensive · Agricultural Farm Products
Market Cap
$3.60B
52w High
$126.40
52w Low
$71.92
P/E
5.17
Volume
770.63K
Outstanding Shares
47.38M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 20.4% over the last year. Revenue declined 8.85% over the trailing twelve months. Operating margin moved from 32.72% to 25.08%. Free cash flow declined 15.85% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at 25.08%. Revenue declined 8.85% — this read reverses if that trend stabilizes. Free cash flow fell 15.85% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
1
Buy
5
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 28, 2026
Q3 FY26 · EPS est $0.75 · Revenue est $657.09M
View
Dividends
$4.81/shareQuarterlySafeCALM pays a dividend with a 6.33% dividend yield, growing at 35.29% annually, covered 3.2× by free cash flow.
Dividend Yield
6.33%
Annual Div / Share
$4.81
5yr CAGR
+35.29%
Doubles every ~2.3yr
Payout Ratio
55.29%
Safe
Dividend Growth Rate
3yr CAGR
-2.25%
5yr CAGR
+35.29%
10yr CAGR
+8.8%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$5/mo
In 5 yrs
$9/mo
In 10 yrs
$16/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$63/yr $5/mo | $112/yr+76% $9/mo | $197/yr+211% $16/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 6.33% → 19.66% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 3.2× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 35.29% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.