NYSE: HRL
Hormel Foods Corporation
Consumer Defensive · Packaged Foods
After hours: $26.04(-0.04%) · as of 6:14 PM ET
Market Cap
$14.34B
52w High
$29.35
52w Low
$19.70
P/E
30.74
Volume
2.95M
Outstanding Shares
550.32M
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock fell 8.76% over the last year. Revenue grew 2.47% over the trailing twelve months. Operating margin moved from 8.45% to 5.75%. Free cash flow declined 0.4% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 5.75%. A decisive move in revenue — currently up 2.47% — would be the clearest signal to resolve the ambiguity.
Company profile
Hormel Foods Corporation is a prominent global food company that specializes in the creation, preparation, and supply of a diverse array of meat, nut, and other culinary items.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
6
Buy
17
Hold
7
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
Aug 27, 2026
Q3 FY26 · EPS est $0.36 · Revenue est $3.05B
View
Dividends
$1.17/shareQuarterlyDividend Achiever · 24yrStretchedHRL pays a dividend with a 4.48% dividend yield, 24 consecutive years of growth, growing at 3.83% annually, covered 0.8× by free cash flow.
Dividend Yield
4.48%
Annual Div / Share
$1.17
5yr CAGR
+3.83%
Doubles every ~18.4yr
Payout Ratio
136.97%
Stretched
Dividend Growth Rate
3yr CAGR
+2.47%
5yr CAGR
+3.83%
10yr CAGR
+7.62%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$4/mo
In 5 yrs
$5/mo
In 10 yrs
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$45/yr $4/mo | $54/yr+21% $5/mo | $65/yr+46% $5/mo |
Yield-on-cost grows from 4.48% → 6.53% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
HRL has raised its dividend for 24 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Risks to Watch
High payout ratio
With 136.97% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.
Dividend exceeds free cash flow
Free cash flow covers only 0.84× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.