The Campbell’s Company (NASDAQ:CPB) Declares $0.39 Quarterly Dividend

The Campbell’s Company (NASDAQ:CPB) declared a quarterly dividend on Tuesday, November 18th. Investors of record on Thursday, January 8th will be paid a dividend of 0.39 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Thursday, January 8th.

Campbell’s has increased its dividend by an average of 0.0%per year over the last three years.

Campbell’s Stock Down 0.3%

CPB opened at $30.95 on Wednesday. The stock’s 50 day moving average price is $31.43 and its 200 day moving average price is $32.33. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28. The stock has a market cap of $9.21 billion, a P/E ratio of 15.45, a P/E/G ratio of 10.41 and a beta of 0.01. Campbell’s has a 12 month low of $29.39 and a 12 month high of $46.95.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. The company had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, research analysts predict that Campbell’s will post 3.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CPB shares. Cowen reiterated a “hold” rating on shares of Campbell’s in a research note on Thursday, September 4th. Bank of America increased their price target on Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research note on Thursday, September 4th. DA Davidson set a $30.00 price objective on Campbell’s in a research note on Monday. UBS Group cut their price objective on Campbell’s from $33.00 to $30.00 and set a “sell” rating for the company in a report on Friday, August 29th. Finally, Wells Fargo & Company raised their target price on Campbell’s from $32.00 to $34.00 and gave the company an “equal weight” rating in a research note on Thursday, September 25th. Three investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, Campbell’s presently has a consensus rating of “Reduce” and a consensus price target of $34.59.

Campbell’s Company Profile

The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.