J. M. Smucker Aktie News

"Dividend Aristocrats... in the S&P500 Index… have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 67 Aristocrats, screened as of October 7, 2024 represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 10.5%-20.13% topped-by Franklin & Target.

While both of these stocks are trailing the S&P 500, both offer a potential rebound and stable dividend.

The S&P 500 Dividend Aristocrats list was rebalanced in January 2024, with notable changes including the removal of Walgreens and 3M, and the addition of Fastenal and Kenvue.

The J. M. Smucker stock continues to disappoint and the performance gap with the consumer staples sector is widening. In spite of its very low valuation multiples, the stock is not in buy territory yet as meaningful progress is still needed. Long-term risks related to SJM's capital allocation policies and growth strategy remain and investors should keep a close eye on those.

Like other companies in the food sector, Smucker's has been struggling to hold onto cost-conscious customers stung by high prices at grocery stores.

The J. M. Smucker Company (NYSE:SJM ) Q1 2025 Earnings Conference Call August 28, 2024 9:00 AM ET Company Participants Crystal Beiting - Vice President of Investor Relations and FP&A Mark Smucker - Chair of the Board, President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Capital Kenneth Goldman - JPMorgan Chase & Co....

Shares of J.M. Smucker (SJM) dropped Wednesday after the food maker's quarterly sales came in slightly below forecasts and it cut its full-year guidance as inflation limited consumer spending for its products.

Jif peanut butter maker J.M. Smucker cut annual sales and profit forecasts on Wednesday, hurt by cost-conscious consumers switching to lower-priced alternatives amid sticky inflation, sending its shares down 4% in premarket trading.