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

J. M. Smucker (NYSE:SJM) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 10.500-11.000 for the period, compared to the consensus estimate of 10.030. The company issued revenue guidance of $8.9 billion-$9.0 billion, compared to the consensus revenue estimate of $8.8 billion.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on SJM shares. Weiss Ratings raised J. M. Smucker from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. UBS Group lifted their target price on J. M. Smucker from $130.00 to $142.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Jefferies Financial Group boosted their price target on J. M. Smucker from $129.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Sanford C. Bernstein reissued an “outperform” rating and issued a $137.00 price target on shares of J. M. Smucker in a research note on Wednesday, June 10th. Finally, Morgan Stanley raised their price target on J. M. Smucker from $106.00 to $110.00 and gave the company an “equal weight” rating in a report on Wednesday, June 10th. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $128.47.

J. M. Smucker Trading Up 4.3%

Shares of SJM stock opened at $130.86 on Thursday. The stock has a 50-day simple moving average of $116.86 and a 200 day simple moving average of $107.81. The stock has a market capitalization of $13.96 billion, a P/E ratio of -100.66, a P/E/G ratio of 1.70 and a beta of 0.25. J. M. Smucker has a fifty-two week low of $88.25 and a fifty-two week high of $134.85. The company has a quick ratio of 0.33, a current ratio of 0.78 and a debt-to-equity ratio of 1.15.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Wednesday, August 26th. The company reported $3.24 EPS for the quarter, topping the consensus estimate of $2.22 by $1.02. J. M. Smucker had a negative net margin of 1.53% and a positive return on equity of 17.18%. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the previous year, the business earned $1.90 earnings per share. J. M. Smucker’s revenue for the quarter was up 5.0% compared to the same quarter last year. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. On average, sell-side analysts expect that J. M. Smucker will post 9.98 earnings per share for the current fiscal year.

J. M. Smucker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a $1.12 dividend. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, August 14th. This is an increase from J. M. Smucker’s previous quarterly dividend of $1.10. J. M. Smucker’s payout ratio is presently -344.62%.

Insider Activity at J. M. Smucker

In related news, insider Jill R. Penrose sold 5,000 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $116.69, for a total transaction of $583,450.00. Following the completion of the sale, the insider directly owned 15,795 shares of the company’s stock, valued at $1,843,118.55. This represents a 24.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Tucker H. Marshall sold 3,630 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $111.05, for a total transaction of $403,111.50. Following the sale, the chief financial officer owned 38,699 shares of the company’s stock, valued at $4,297,523.95. The trade was a 8.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 18,533 shares of company stock valued at $2,132,914 over the last ninety days. Insiders own 2.80% of the company’s stock.

More J. M. Smucker News

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

• Positive Sentiment: Quarterly results exceeded expectations. Adjusted earnings per share rose 71% year over year to $3.24, versus the $2.22 analyst consensus, while sales increased 5% to approximately $2.22 billion, ahead of the $2.13 billion estimate. J.M. Smucker fiscal 2027 first-quarter results
• Positive Sentiment: Coffee and key brands provided momentum. U.S. Retail Coffee sales increased 13% to $807.8 million, helped by higher coffee prices and steady demand. Frozen handheld products and spreads, including Uncrustables, also grew 3%. J.M. Smucker forecasts smaller-than-expected annual sales decline
• Positive Sentiment: Management raised fiscal 2027 guidance. Smucker now expects sales to decline only 1% to 2%, compared with its prior forecast of a 3% to 4% decline. Adjusted EPS guidance was set at $10.50 to $11.00, above the roughly $10.03 consensus, and free-cash-flow expectations increased to about $1.1 billion. J.M. Smucker lifts fiscal 2027 outlook
• Neutral Sentiment: Part of the earnings surge was supported by a one-time benefit. The quarter included approximately $115 million in tariff refunds, making the 71% adjusted-EPS growth difficult to repeat. However, management indicated that pricing, brand strength, and operating improvements also contributed to the performance. J.M. Smucker adjusted EPS and tariff refund analysis
• Negative Sentiment: Pricing and promotions remain a risk. Smucker has not yet reduced coffee prices and is relying on promotions instead, which could pressure demand, margins, or future growth if consumers become more price-sensitive. J.M. Smucker coffee pricing and promotions

Institutional Investors Weigh In On J. M. Smucker

Institutional investors and hedge funds have recently modified their holdings of the stock. Garton & Associates Financial Advisors LLC acquired a new position in shares of J. M. Smucker in the 4th quarter valued at $25,000. CYBER HORNET ETFs LLC acquired a new stake in J. M. Smucker during the 2nd quarter worth about $27,000. MUFG Securities EMEA plc purchased a new stake in J. M. Smucker during the second quarter valued at about $31,000. Los Angeles Capital Management LLC purchased a new stake in J. M. Smucker during the fourth quarter valued at about $46,000. Finally, Zions Bancorporation National Association UT boosted its holdings in shares of J. M. Smucker by 48.2% in the fourth 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 and hedge funds.

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.