J. M. Smucker (NYSE:SJM) Updates FY 2027 Earnings Guidance

J. M. Smucker (NYSE:SJM) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 9.750-10.250 for the period, compared to the consensus EPS estimate of 8.380. The company issued revenue guidance of $8.7 billion-$8.8 billion, compared to the consensus revenue estimate of $9.1 billion.

J. M. Smucker Stock Up 10.0%

Shares of NYSE SJM opened at $111.94 on Wednesday. The business’s fifty day moving average price is $98.37 and its 200-day moving average price is $101.73. J. M. Smucker has a one year low of $88.25 and a one year high of $119.39. The stock has a market capitalization of $11.94 billion, a PE ratio of -9.49, a P/E/G ratio of 6.89 and a beta of 0.27. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.84 and a quick ratio of 0.35.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings data on Tuesday, June 9th. The company reported $2.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $0.13. The business had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.26 billion. J. M. Smucker had a positive return on equity of 15.94% and a negative net margin of 14.07%.The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.31 EPS. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. On average, equities research analysts anticipate that J. M. Smucker will post 9.03 EPS for the current year.

J. M. Smucker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Friday, May 15th. J. M. Smucker’s dividend payout ratio (DPR) is -37.32%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on SJM shares. Stifel Nicolaus dropped their price target on J. M. Smucker from $120.00 to $100.00 and set a “hold” rating for the company in a research note on Tuesday, April 21st. TD Cowen decreased their price target on shares of J. M. Smucker from $124.00 to $113.00 and set a “hold” rating on the stock in a research note on Thursday, March 19th. Morgan Stanley boosted their price objective on shares of J. M. Smucker from $104.00 to $106.00 and gave the stock an “equal weight” rating in a report on Friday. Evercore initiated coverage on shares of J. M. Smucker in a research note on Friday, May 15th. They issued an “outperform” rating and a $117.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $95.00 target price on shares of J. M. Smucker in a report on Wednesday, May 20th. Eleven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $116.71.

J. M. Smucker News Summary

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: Fiscal Q4 earnings of $2.77 per share beat estimates, and revenue of $2.27 billion also came in slightly above forecasts, reinforcing confidence in the turnaround. The J.M. Smucker Co. Announces Fiscal Year 2026 Fourth Quarter Results and Provides Full-Year Fiscal 2027 Outlook
• Positive Sentiment: Higher pricing and cost discipline helped expand profits, while the coffee segment was a key driver of the quarter’s outperformance. JM Smucker beats quarterly estimates as coffee segment drives growth
• Neutral Sentiment: Management issued upbeat EPS guidance for fiscal 2027, but revenue guidance was weaker than expected, creating a mixed read-through for investors. J.M. Smucker Expects Sales to Fall This Year
• Negative Sentiment: The company signaled sales may decline next year as volume trends remain soft in coffee and baked goods, which could limit upside if pricing momentum fades. J.M. Smucker Stock Rises. Earnings and Guidance Go in Opposite Directions.

Hedge Funds Weigh In On J. M. Smucker

Several hedge funds and other institutional investors have recently modified their holdings of SJM. Garton & Associates Financial Advisors LLC purchased a new stake in shares of J. M. Smucker during the fourth quarter worth about $25,000. CYBER HORNET ETFs LLC purchased a new position in J. M. Smucker during the 2nd quarter valued at about $27,000. MUFG Securities EMEA plc bought a new position in J. M. Smucker during the 2nd quarter valued at approximately $31,000. Los Angeles Capital Management LLC bought a new position in J. M. Smucker during the 4th quarter valued at approximately $46,000. Finally, Zions Bancorporation National Association UT lifted its holdings in J. M. Smucker by 48.2% in the 4th quarter. Zions Bancorporation National Association UT now owns 529 shares of the company’s stock worth $52,000 after buying an additional 172 shares during the period. 81.66% of the stock is owned by institutional investors.

About J. M. Smucker

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.