The Campbell’s Company to Issue Quarterly Dividend of $0.39 (NASDAQ:CPB)

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

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

Campbell’s Stock Performance

NASDAQ:CPB opened at $30.98 on Wednesday. The stock has a 50-day simple moving average of $31.43 and a two-hundred day simple moving average of $32.33. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.28 and a current ratio of 0.77. Campbell’s has a 52-week low of $29.39 and a 52-week high of $46.95. The firm has a market capitalization of $9.22 billion, a PE ratio of 15.41, a P/E/G ratio of 10.41 and a beta of 0.01.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. The firm had revenue of $2.32 billion for 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 business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Analysts forecast that Campbell’s will post 3.15 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on CPB shares. Piper Sandler restated a “neutral” rating and set a $34.00 target price (down previously from $35.00) on shares of Campbell’s in a research note on Thursday, August 7th. Zacks Research upgraded Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Campbell’s in a research note on Wednesday, October 8th. JPMorgan Chase & Co. started coverage on shares of Campbell’s in a research report on Wednesday, August 20th. They set a “neutral” rating and a $33.00 price objective on the stock. Finally, Wells Fargo & Company upped their target price on shares of Campbell’s from $32.00 to $34.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 25th. Three equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average 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.