Tyson Foods (NYSE:TSN) Posts Quarterly Earnings Results, Beats Expectations By $0.30 EPS

Tyson Foods (NYSE:TSNGet Free Report) released its quarterly earnings results on Monday. The company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.30, Zacks reports. The company had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.08 billion. Tyson Foods had a return on equity of 7.49% and a net margin of 1.45%.The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 earnings per share. Tyson Foods updated its FY 2026 guidance to EPS.

Tyson Foods Price Performance

TSN stock opened at $55.55 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.73 and a debt-to-equity ratio of 0.44. The firm has a market cap of $19.76 billion, a price-to-earnings ratio of 25.25, a PEG ratio of 0.85 and a beta of 0.56. The company’s fifty day simple moving average is $53.49 and its 200 day simple moving average is $54.96. Tyson Foods has a 12-month low of $50.56 and a 12-month high of $65.95.

Tyson Foods Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a dividend of $0.51 per share. This is a boost from Tyson Foods’s previous quarterly dividend of $0.50. This represents a $2.04 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, February 27th. Tyson Foods’s payout ratio is 90.91%.

Tyson Foods declared that its board has initiated a stock repurchase plan on Thursday, August 7th that permits the company to repurchase 43,000,000 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. MML Investors Services LLC boosted its position in shares of Tyson Foods by 1.7% during the 2nd quarter. MML Investors Services LLC now owns 50,993 shares of the company’s stock valued at $2,853,000 after purchasing an additional 852 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of Tyson Foods by 11.6% in the 2nd quarter. Lazard Asset Management LLC now owns 9,247 shares of the company’s stock valued at $516,000 after acquiring an additional 960 shares in the last quarter. Adage Capital Partners GP L.L.C. increased its stake in shares of Tyson Foods by 0.4% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 262,155 shares of the company’s stock valued at $14,665,000 after acquiring an additional 1,000 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in shares of Tyson Foods by 1.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 130,697 shares of the company’s stock valued at $7,311,000 after acquiring an additional 1,982 shares during the period. Finally, Bayesian Capital Management LP raised its holdings in shares of Tyson Foods by 20.8% during the second quarter. Bayesian Capital Management LP now owns 12,200 shares of the company’s stock valued at $682,000 after purchasing an additional 2,100 shares during the period. 67.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TSN shares. Sanford C. Bernstein lowered shares of Tyson Foods from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $74.00 to $59.00 in a report on Wednesday, July 23rd. Stephens dropped their price target on shares of Tyson Foods from $61.00 to $55.00 in a research note on Tuesday, July 15th. Zacks Research upgraded shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. began coverage on Tyson Foods in a report on Wednesday, August 20th. They issued a “neutral” rating and a $60.00 price objective for the company. Finally, Santander assumed coverage on Tyson Foods in a research report on Thursday, September 25th. They set a “neutral” rating for the company. Two analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $60.75.

View Our Latest Stock Report on TSN

Tyson Foods Company Profile

(Get Free Report)

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.

Read More

Earnings History for Tyson Foods (NYSE:TSN)

Receive News & Ratings for Tyson Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods and related companies with MarketBeat.com's FREE daily email newsletter.