Stephens resumed coverage on Cal-Maine Foods with a new price target
$CALM
Farming/Seeds/Milling
Consumer Staples
Stephens resumed coverage of Cal-Maine Foods with a rating of Equal-Weight and set a new price target of $82.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/3/2024 | $82.00 | Equal-Weight | Stephens |
| 4/25/2023 | $67.00 → $60.00 | Overweight → Equal-Weight | Stephens |
| 3/30/2022 | Equal Weight → Overweight | Consumer Edge Research |
SC 13G/A - CAL-MAINE FOODS INC (0000016160) (Subject)
SC 13G/A - CAL-MAINE FOODS INC (0000016160) (Subject)
SC 13D/A - CAL-MAINE FOODS INC (0000016160) (Subject)
DEF 14C - CAL-MAINE FOODS INC (0000016160) (Filer)
PRE 14C - CAL-MAINE FOODS INC (0000016160) (Filer)
8-K - CAL-MAINE FOODS INC (0000016160) (Filer)
Also Announces New $500 Million Share Repurchase Program Announces Potential Transition to Non-Controlled Company Cal-Maine Foods, Inc. (NASDAQ:CALM) ("Cal-Maine Foods" or the "Company") today announced that it has entered into an agreement with members of the family of its founder Fred R. Adams, Jr., relating to the potential diversification of their individual financial portfolios. As discussed below, the agreement creates a process for the potential conversion of all of their super voting Class A Common Stock ("Class A Shares") to Cal-Maine Foods' Common Stock ("Common Shares"). Should the conversion occur, all the Company's shares would be a single class, with one vote per share. Be
Cal-Maine Foods, Inc. (NASDAQ:CALM) today announced that the Company has acquired certain assets of Deal-Rite Feeds, Inc. and its affiliated entities, including two feed mills, storage facilities, usable grain, vehicles, related equipment and retail feed sales business located in Statesville and Union Grove, North Carolina. The Company is funding the acquisition with available cash on hand. Sherman Miller, president and chief executive officer of Cal-Maine Foods, Inc., said, "We are pleased to have the opportunity to acquire these feed mills and operations, which are strategically located in close proximity to our North Carolina shell egg production facilities. As we continue to expand co
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 reported results for the second quarter of fiscal 2025 (thirteen weeks) ended November 30, 2024. Second Quarter Fiscal 2025 Highlights Quarterly net sales of $954.7 million Quarterly net income of $219.1 million, or $4.47 per diluted share Quarterly record for total dozens sold and specialty dozens sold Cash dividend of approximately $73.0 million, or approximately $1.49 per share, pursuant to the Company's established dividend policy Overview Sherman Miller, president and chief executive officer of Cal-Maine Foods,
4 - CAL-MAINE FOODS INC (0000016160) (Issuer)
4 - CAL-MAINE FOODS INC (0000016160) (Issuer)
4 - CAL-MAINE FOODS INC (0000016160) (Issuer)
Cal-Maine Foods, Inc. (NASDAQ:CALM) today announced that it has completed a strategic investment with Crepini LLC, establishing a new egg products and prepared foods joint venture. Crepini LLC, founded in 2007, has grown its brand throughout the United States and Mexico featuring egg wraps, protein pancakes, crepes, and wrap-ups, which are now sold online and in over 3,500 retail stores. The new entity, located in Hopewell Junction, New York, will operate as Crepini Foods LLC ("Crepini"). Cal-Maine Foods will capitalize Crepini with approximately $6.75 million in cash to purchase additional equipment and other assets and fund working capital in exchange for a 51% interest in the new ventur
Scott Hull to Assume Executive Officer Role for Sales Cal-Maine Foods, Inc. (NASDAQ:CALM) today announced that Jeff Hardin, Senior Vice President of Sales, is retiring from his position with the Company, effective July 23, 2024. Scott Hull, Vice President of Sales, will assume the executive officer role previously held by Hardin, effectively immediately. Hardin will continue to work with Hull through the transition period until his official retirement date. Hardin joined Cal-Maine Foods in 1988 and was named Vice President of Sales in 2002. He has played a pivotal role in driving the Company's consistent record of sales growth and establishing valuable long-term working relationships wi
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 announced it has completed the previously announced acquisition of a broiler processing plant, hatchery and feed mill in Dexter, Missouri, that were closed by Tyson Foods, Inc. (NYSE:TSN) ("Tyson") in 2023. The Company plans to remodel and repurpose the assets for use in shell egg and egg products production. Sherman Miller, president and chief executive officer of Cal-Maine Foods, Inc., stated, "We are pleased to join the Dexter community and are excited about the opportunities to expand our operations. We intend to partner with th
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 reported results for the second quarter of fiscal 2025 (thirteen weeks) ended November 30, 2024. Second Quarter Fiscal 2025 Highlights Quarterly net sales of $954.7 million Quarterly net income of $219.1 million, or $4.47 per diluted share Quarterly record for total dozens sold and specialty dozens sold Cash dividend of approximately $73.0 million, or approximately $1.49 per share, pursuant to the Company's established dividend policy Overview Sherman Miller, president and chief executive officer of Cal-Maine Foods,
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 reported results for the first quarter of fiscal 2025 (thirteen weeks) ended August 31, 2024. First Quarter Fiscal 2025 Highlights Quarterly net sales of $785.9 million Quarterly net income of $150.0 million, or $3.06 per diluted share Quarterly record for total dozens sold and specialty dozens sold Cash dividend of approximately $50.0 million, or $1.02 per share, pursuant to the Company's established dividend policy Overview Sherman Miller, president and chief executive officer of Cal-Maine Foods, stated, "Our financial a
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 reported results for the fourth quarter of fiscal 2024 (thirteen weeks) and fiscal year 2024 (fifty-two weeks) ended June 1, 2024. Fourth Quarter and Fiscal Year 2024 Highlights Quarterly net sales of $640.8 million Quarterly net income of $113.2 million, or $2.32 per diluted share Fiscal year net sales of $2.3 billion and net income of $277.9 million, or $5.69 per diluted share Cash dividend of $37.8 million, or $0.77 per share, pursuant to the Company's established dividend policy Overview Sherman Miller, presiden
Stephens resumed coverage of Cal-Maine Foods with a rating of Equal-Weight and set a new price target of $82.00
Stephens downgraded Cal-Maine Foods from Overweight to Equal-Weight and set a new price target of $60.00 from $67.00 previously
Consumer Edge Research upgraded Cal-Maine Foods from Equal Weight to Overweight