J. M. Smucker (NYSE:SJM) Releases FY 2026 Earnings Guidance

J. M. Smucker (NYSE:SJM) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.750-9.250 for the period, compared to the consensus earnings per share estimate of 9.000. The company issued revenue guidance of $9.0 billion-$9.1 billion, compared to the consensus revenue estimate of $9.1 billion.

Analysts Set New Price Targets

Several analysts have recently commented on SJM shares. Morgan Stanley reiterated an “equal weight” rating and issued a $105.00 target price (down previously from $115.00) on shares of J. M. Smucker in a report on Friday, January 16th. TD Cowen decreased their target price on J. M. Smucker from $111.00 to $105.00 and set a “hold” rating for the company in a research report on Thursday, January 8th. Canaccord Genuity Group raised shares of J. M. Smucker to a “buy” rating in a report on Friday, January 16th. JPMorgan Chase & Co. reduced their price target on shares of J. M. Smucker from $122.00 to $121.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Finally, Citigroup reiterated a “hold” rating on shares of J. M. Smucker in a research note on Wednesday, November 26th. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $114.93.

J. M. Smucker Trading Up 0.5%

SJM traded up $0.60 during mid-day trading on Wednesday, hitting $109.98. 193,605 shares of the stock were exchanged, compared to its average volume of 1,541,677. The firm’s fifty day moving average is $101.46 and its two-hundred day moving average is $105.30. J. M. Smucker has a 1-year low of $93.30 and a 1-year high of $121.48. The company has a market cap of $11.73 billion, a PE ratio of -9.78, a PEG ratio of 7.31 and a beta of 0.23. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 1.16.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.12 by ($0.02). J. M. Smucker had a positive return on equity of 15.26% and a negative net margin of 13.61%.The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period in the prior year, the company posted $2.76 EPS. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. J. M. Smucker has set its FY 2026 guidance at 8.750-9.250 EPS. Equities analysts forecast that J. M. Smucker will post 9.88 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be given a $1.10 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.0%. J. M. Smucker’s payout ratio is currently -39.22%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CYBER HORNET ETFs LLC acquired a new position in J. M. Smucker during the second quarter worth $27,000. MUFG Securities EMEA plc acquired a new position in shares of J. M. Smucker during the 2nd quarter worth about $31,000. Los Angeles Capital Management LLC bought a new stake in shares of J. M. Smucker in the 4th quarter valued at about $46,000. Larson Financial Group LLC lifted its stake in J. M. Smucker by 223.5% in the 3rd quarter. Larson Financial Group LLC now owns 689 shares of the company’s stock valued at $75,000 after purchasing an additional 476 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in J. M. Smucker by 111.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock worth $105,000 after purchasing an additional 564 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.

J. M. Smucker Company Profile

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.