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23.37 USD
P/E
23.87
EPS
0.89
Yield
5.02%
Safety Score
29
P/B
1.47
ROE
6.12
Beta
0.31
Target Price
25.13 USD
Hormel Foods Corporation logo

Hormel Foods Corporation

🧾 Earnings Recap – Q2 2026

Hormel Foods delivered results that outpaced expectations, driving a 10.8% stock rally. The market rewarded better-than-expected organic sales growth across all segments, margin expansion, and strong earnings momentum despite near-term cost pressures.

  • Organic net sales grew for the sixth consecutive quarter, fueled by broad-based strength in Foodservice (+7% organic growth), International, and key Retail brands.
  • Adjusted earnings per share rose double digits, supported by margin expansion, improved manufacturing efficiency, and joint venture contributions offsetting higher logistics costs.
  • Gross margins expanded across all segments, with Foodservice segment profit increasing by 11%, reflecting successful pricing and supply chain improvements.
  • The company reaffirmed its full-year guidance, with confidence in trending toward the upper half of its earnings range despite expected flat third quarter adjusted earnings due to cost pressures and inventory rebalancing.
  • Strategic focus on protein-centric portfolio, pricing discipline, and supply chain productivity continues to underpin sustainable, profitable growth.
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Key Metrics
Earnings dateAug. 27, 2026
P/E23.87
EPS0.89
Book Value14.43
Price to Book1.47
Debt/Equity4.24
% Insiders0.473%
Growth
Revenue Growth-0.03%
Earnings Growth-0.05%
Estimates
Forward P/E13.61
Forward EPS1.56
Target Mean Price25.13
Dividend
Dividend Yield5.02%
Annual dividends1.17 USD
Ex-Div. DateJuly 13, 2026
Payout136.96%
5y avg Yield2.61%

DCF Valuation

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DCF Result

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Terminal PV
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Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Hormel Foods Corporation Logo Hormel Foods Corporation Analysis (HRL)

United States Consumer Staples Official Website Stock

Is Hormel Foods Corporation a good investment? Hormel Foods Corporation (HRL) is currently trading at 23.37 USD. Market analysts have a consensus price target of 25.13 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 23.87. This valuation is generally in line with the broader market.

Earnings Schedule: Hormel Foods Corporation is expected to release its next earnings report on Aug. 27, 2026. The market consensus estimate for Forward EPS is 1.56.

For income investors, Hormel Foods Corporation pays a dividend yield of 5.02%. With a payout ratio of 137%, the dividend appears to be under pressure.

Investor FAQ

Does Hormel Foods Corporation pay a dividend?

Yes, it pays an annual dividend of 1.17 USD (5.02% yield).

What asset class is Hormel Foods Corporation?

Hormel Foods Corporation is classified as a Stock. You can compare it against 2 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Aug. 27, 2026. The company currently has a trailing EPS of 0.89.

Company Profile

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products, including resh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration; and shelf-stable products, such as canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, and other items that do not require refrigeration. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Exchange Ticker
NYQ (United States) HRL
LSE (United Kingdom) 0J5Z.L
Dividend Yield

5.02% (5y avg: 2.61%)

Annual Dividends

1.17 USD

Next ex. div date

July 13, 2026

Payout Ratio

136.96%

Historical Dividends
Year Total Dividends
2027 0.62 USD
2026 1.18 USD
2025 1.16 USD
2024 1.13 USD
2023 1.10 USD
2022 1.04 USD
2021 0.98 USD
2020 0.93 USD
2019 0.84 USD
2018 0.75 USD
2017 0.68 USD
2016 0.58 USD
2015 0.50 USD
2014 0.40 USD
2013 0.34 USD
2012 0.30 USD
2011 0.26 USD
2010 0.21 USD
2009 0.19 USD
2008 0.19 USD
2007 0.15 USD
2006 0.14 USD
2005 0.13 USD
2004 0.11 USD
2003 0.11 USD
2002 0.10 USD
2001 0.08 USD
2000 0.09 USD
1999 0.08 USD
1998 0.08 USD
1997 0.08 USD
1996 0.08 USD
1995 0.07 USD
1994 0.06 USD
1993 0.06 USD
1992 0.05 USD
1991 0.04 USD
1990 0.03 USD
1989 0.03 USD
1988 0.03 USD
1987 0.02 USD
1986 17.92 USD
1985 56.24 USD

Yearly aggregated dividends

Dividends

Hormel Foods Corporation
Aug 17, 2026 Upcoming
Dividend
0.2925 USD
Hormel Foods Corporation
May 15, 2026 Paid
Dividend
0.293 USD
Hormel Foods Corporation
Feb 17, 2026 Paid
Dividend
0.293 USD
Hormel Foods Corporation
Nov 17, 2025 Paid
Dividend
0.29 USD
Hormel Foods Corporation
Aug 15, 2025 Paid
Dividend
0.29 USD

Historical Split Corporate Actions

Split Date Split Ratio to 1
Feb. 16, 2000 2.000000
Feb. 15, 2011 2.000000
Feb. 10, 2016 2.000000
Feb. 21, 1990 2.000000
June 2, 1987 2.000000
Sept. 4, 1985 2.000000
Feb. 21, 1980 2.000000
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