Should I buy or sell Hershey stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 14 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HSY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSY, but not buy additional shares or sell existing shares. View HSY analyst ratings or view top-rated stocks .

What is Hershey's stock price target for 2024?

20 equities research analysts have issued 12-month price targets for Hershey's shares. Their HSY share price targets range from $180.00 to $310.00. On average, they anticipate the company's stock price to reach $228.00 in the next year. This suggests a possible upside of 16.7% from the stock's current price. View analysts price targets for HSY or view top-rated stocks among Wall Street analysts .

How have HSY shares performed in 2024?

Hershey's stock was trading at $186.44 at the start of the year. Since then, HSY stock has increased by 4.8% and is now trading at $195.45. View the best growth stocks for 2024 here .

Are investors shorting Hershey?

Hershey saw a drop in short interest in January. As of January 15th, there was short interest totaling 2,540,000 shares, a drop of 9.3% from the December 31st total of 2,800,000 shares. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is currently 1.7 days. View Hershey's Short Interest .

When is Hershey's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our HSY earnings forecast .

How were Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) released its quarterly earnings data on Thursday, February, 8th. The company reported $2.02 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.07. The company had revenue of $2.66 billion for the quarter, compared to analysts' expectations of $2.72 billion. Hershey had a trailing twelve-month return on equity of 51.79% and a net margin of 16.67%. The business's quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the company posted $2.02 EPS. Read the conference call transcript .

How often does Hershey pay dividends? What is the dividend yield for Hershey?

Hershey declared a quarterly dividend on Wednesday, February 7th. Investors of record on Tuesday, February 20th will be given a dividend of $1.37 per share on Friday, March 15th. This represents a $5.48 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Friday, February 16th. This is an increase from the stock's previous quarterly dividend of $1.19. Read our dividend analysis for HSY .

Is Hershey a good dividend stock?

Hershey (NYSE:HSY) pays an annual dividend of $4.77 per share and currently has a dividend yield of 2.44%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HSY will have a dividend payout ratio of 46.86% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HSY .

What ETFs hold Hershey's stock?

ETFs with the largest weight of Hershey (NYSE:HSY) stock in their portfolio include Invesco Food & Beverage ETF (PBJ) , First Trust Nasdaq Food & Beverage ETF (FTXG) , AdvisorShares Focused Equity ETF (CWS) , Hennessy Stance ESG Large Cap ETF (STNC) , iShares MSCI Water Management Multisector ETF (IWTR) , Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) , VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) and American Customer Satisfaction ETF (ACSI) .

What guidance has Hershey issued on next quarter's earnings?

Hershey updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of 9.590-9.590 for the period, compared to the consensus EPS estimate of 9.820. The company issued revenue guidance of $11.4 billion-$11.5 billion, compared to the consensus revenue estimate of $11.6 billion.

What is Michele Buck's approval rating as Hershey's CEO?

208 employees have rated Hershey Chief Executive Officer Michele Buck on Glassdoor.com . Michele Buck has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Hershey own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hershey investors own include Johnson & Johnson (JNJ) , Walt Disney (DIS) , AT&T (T) , NVIDIA (NVDA) , Verizon Communications (VZ) , Chevron (CVX) , Procter & Gamble (PG) , Coca-Cola (KO) , Walmart (WMT) and Cisco Systems (CSCO) .

Who are Hershey's major shareholders?

Hershey's stock is owned by many different institutional and retail investors. Top institutional investors include Nordea Investment Management AB (1.15%), Norges Bank (0.92%), California Public Employees Retirement System (0.44%), Charles Schwab Investment Management Inc. (0.38%), Dimensional Fund Advisors LP (0.36%) and Swiss National Bank (0.23%). Insiders that own company stock include Charles R Raup , Christopher M Scalia , Hershey Trust Co, Hershey Trust Co Trustee In Tr, James Turoff , Jason Reiman , Jennifer Mccalman , Kristen J Riggs , Michele Buck , Pamela M Arway, Pamela M Arway , Robert Malcolm, Rohit Grover and Steven E Voskuil . View institutional ownership trends .

How do I buy shares of Hershey?

Shares of HSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Hershey have any subsidiaries?

The following companies are subsidiares of Hershey: Allan Candy Company, Amplify Snack Brands Inc., Amplify Snack Brands2, Artisan Confections Company LLC, Brookside Foods Ltd, CSH Foods Inc., Dagoba Organic Chocolate, Dot's Pretzels, Dot's Pretzels LLC, Grupo Lorena, Hershey (China) Investment Management Co. Ltd., Hershey (Thailand) Co. Ltd., Hershey Asia Pacific Pte. Ltd., Hershey Canada Inc., Hershey Caribe Inc., Hershey Chocolate & Confectionery LLC, Hershey Chocolate Sales (Shanghai) Co. Ltd., Hershey Chocolate of Virginia LLC, Hershey India Private Limited, Hershey International LLC, Hershey Japan Co. Ltd., Hershey Malaysia Sdn. Bhd., Hershey Mexico S.A. de C.V., Hershey Netherlands B.V., Hershey Philippines Inc., Hershey Trading GmbH, Hershey UK Finance Limited, Hershey UK Holding Limited, Hershey do Brasil Ltda., Hersmex S. de R.L. de C.V., Joseph Schmidt Confections, Krave Pure Foods, Lily's Sweets, Lily's Sweets LLC, Mauna Loa Macadamia Nut Corporation, Nutrine Confectionery Company Private Limited, ONE Brands LLC, One Brands LLC, Pirate Brands, Pretzels Holdings LLC, Reese Candy Corporation, Regional Operating HQ, Ripple Brand Collective LLC, Scharffen Berger Chocolate Maker, Servicios de Hersmex S. de R.L. de C.V., Shanghai Golden Monkey, The Hershey Investment Company LLC, The Hershey Licensing Company, The Hershey Sales Company, The Hershey Sourcing Company, The Hershey Trading North America Company, Tri-Us Inc., Van Houten (Singapore) Pte. Ltd., Van Houten Singapore Pte.Ltd., Visagis, and Y&S Candies. Read More

NYSE:HSY

Hershey (HSY) Stock Price, News & Analysis

$195.45

-6.86 (-3.39%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $194.67
▼
$201.79
50-Day Range: $179.52
▼
$202.32
52-Week Range: $178.82
▼
$276.88

Volume: 3.12 million shs
Average Volume: 1.82 million shs
Market Capitalization: $39.97 billion

P/E Ratio: 21.60
Dividend Yield: 2.44%
Price Target: $228.00

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Hershey MarketRank™ Stock Analysis

Analyst Rating: Hold
2.30 Rating Score
Upside/Downside: 16.7% Upside
$228.00 Price Target
Short Interest: Healthy
1.24% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.32
Upright™ Environmental Score
News Sentiment: 0.47
Based on 71 Articles This Week
Insider Trading: Selling Shares
$1.33 M Sold Last Quarter
Proj. Earnings Growth: 6.04%
From $9.60 to $10.18 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Consumer Staples Sector

7th out of 134 stocks

Sugar & Confectionery Products Industry

1st out of 5 stocks

3.2

Analyst's Opinion

Consensus Rating
Hershey has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 6 buy ratings, 14 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $228.00, Hershey has a forecasted upside of 16.7% from its current price of $195.45.
Amount of Analyst Coverage
Hershey has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.24% of the outstanding shares of Hershey have been sold short.
Short Interest Ratio / Days to Cover
Hershey has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Hershey has recently decreased by 9.29%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Hershey pays a meaningful dividend of 2.44%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hershey has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Hershey is 52.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Hershey will have a dividend payout ratio of 46.86% next year. This indicates that Hershey will be able to sustain or increase its dividend.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Hershey has received a -6.53% net impact score from Upright. The largest negative impact of Hershey in category "Physical diseases" seems to be driven mostly by its "Sugary chewing gum", "Fructose syrup", "Glucose syrup", and "Non-dairy chocolate" products. See details.
Environmental Sustainability
The Environmental Impact score for Hershey is -1.32.

3.0

News and Social Media Coverage

News Sentiment
Hershey has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 71 news articles for Hershey this week, compared to 12 articles on an average week.
Search Interest
70 people have searched for HSY on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
MarketBeat Follows
42 people have added Hershey to their MarketBeat watchlist in the last 30 days. This is an increase of 56% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hershey insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,331,734.00 in company stock.
Percentage Held by Insiders
Only 0.22% of the stock of Hershey is held by insiders.
Percentage Held by Institutions
56.47% of the stock of Hershey is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Hershey are expected to grow by 6.04% in the coming year, from $9.60 to $10.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hershey is 21.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hershey is 21.60, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.10.
Price to Earnings Growth Ratio
Hershey has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Hershey has a P/B Ratio of 9.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hershey Stock (NYSE:HSY)

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

HSY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HSY Stock News Headlines

February 9, 2024 | marketbeat.com

S&P 500 rockets to new highs as earnings beat estimates (HSY)

The S&P 500 hits new highs as 10 of the 11 S&P sectors report positive Q4 earnings surprises. The tech and energy sectors are among the earnings leaders.

January 31, 2024 | marketbeat.com

10 best sugar stocks to buy now (HSY)

No individual sugar-producing companies trade on major U.S. stock exchanges, so should you invest? Learn more about the best sugar stocks to buy on MarketBeat.

February 12, 2024 | DTI (Ad)

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January 31, 2024 | marketbeat.com

2 upgraded food stocks with super-sized gain potential

Food-related businesses have been the subject of several recent analyst upgrades, including these two stocks which have some of the best total return potential.

February 12, 2024 | americanbankingnews.com

The Hershey Company (NYSE:HSY) Receives Consensus Rating of "Hold" from Brokerages

February 11, 2024 | finance.yahoo.com

The Hershey Company (NYSE:HSY) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

February 10, 2024 | finance.yahoo.com

The Hershey Company (NYSE:HSY) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

February 10, 2024 | americanbankingnews.com

Hershey (NYSE:HSY) Given New $210.00 Price Target at Wells Fargo & Company

February 12, 2024 | The Oxford Club (Ad)

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February 10, 2024 | americanbankingnews.com

Hershey (NYSE:HSY) Price Target Raised to $193.00 at JPMorgan Chase & Co.

February 10, 2024 | americanbankingnews.com

Hershey (NYSE:HSY) Trading Up 6.9% Following Strong Earnings

February 9, 2024 | finance.yahoo.com

You’re going to pay more for your chocolate bars because of El Niño and climate change in Africa. Just look at what chocolate firms are saying

February 9, 2024 | finance.yahoo.com

Traders Pile In to Cocoa Options With Futures Soaring to Records

February 9, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Goods Companies: PepsiCo (PEP) and The Hershey Company (HSY)

February 9, 2024 | realmoney.thestreet.com

Hershey price target raised by $15 at DA Davidson, here's why

February 9, 2024 | markets.businessinsider.com

Hershey’s Financial Outlook: Balancing Innovation Against Margin Pressures and Inflation Risks

February 9, 2024 | finance.yahoo.com

The Hershey Company (NYSE:HSY) Q4 2023 Earnings Call Transcript

February 9, 2024 | finance.yahoo.com

Record cocoa prices heading into Valentines Day proves to be a headache for sweets king Hershey

February 9, 2024 | seekingalpha.com

Hershey Company Earnings: The Sweet, The Sour, And Why The Stock Went Up

February 9, 2024 | finance.yahoo.com

Hershey (NYSE:HSY) Ticks All The Boxes When It Comes To Earnings Growth

February 9, 2024 | fool.com

Hershey Stock Pops Despite Rising Cocoa Costs Expected to Bite Into 2024 Earnings

February 9, 2024 | americanbankingnews.com

Hershey (NYSE:HSY) Stock Rating Reaffirmed by Royal Bank of Canada

February 9, 2024 | seekingalpha.com

The Hershey Company (HSY) Q4 2023 Earnings Call Transcript

February 9, 2024 | msn.com

Hershey Company increasing automation, acknowledges potential job losses

February 9, 2024 | realmoney.thestreet.com

Hershey price target raised by $2 at Goldman Sachs, here's why

February 8, 2024 | msn.com

Hershey reports Q4 earnings beat, but shares fall on weak outlook

February 8, 2024 | theglobeandmail.com

Why Are Hershey (HSY) Shares Soaring Today

See More Headlines

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Company Calendar

Ex-Dividend for 12/15 Dividend: 11/16/2023
Dividend Payable: 12/15/2023
Last Earnings: 2/08/2024
Today: 2/11/2024
Ex-Dividend for 3/15 Dividend: 2/16/2024
Dividend Payable: 3/15/2024
Next Earnings (Estimated): 4/25/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Staples
Industry: Sugar & confectionery products
Sub-Industry: Packaged Foods & Meats
Current Symbol: NYSE:HSY
CUSIP: 42786610
CIK: 47111
Web: www.thehersheycompany.com
Phone: (717) 534-4200
Fax: 717-534-7873
Employees: 19,865
Year Founded: 1894

Price Target and Rating

Average Stock Price Target: $228.00
High Stock Price Target: $310.00
Low Stock Price Target: $180.00
Potential Upside/Downside: +16.7%
Consensus Rating: Hold
Rating Score (0-4): 2.30
Research Coverage: 20 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.05
Trailing P/E Ratio: 21.60
Forward P/E Ratio: 20.36
P/E Growth: 2.63
Net Income: $1.64 billion
Net Margins: 16.67%
Pretax Margin: 19.45%
Return on Equity: 51.79%
Return on Assets: 16.96%

Debt

Debt-to-Equity Ratio: 0.92
Current Ratio: 0.97
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $11.16 billion
Price / Sales: 3.58
Cash Flow: $10.44 per share
Price / Cash Flow: 18.73
Book Value: $20.05 per share
Price / Book: 9.75

Miscellaneous

Outstanding Shares: 204,500,000
Free Float: 203,803,000
Market Cap: $39.97 billion
Optionable: Optionable
Beta: 0.36

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Key Executives

Ms. Michele Gross Buck (Age 62)
Chairman, President & CEO
Comp: $5.85M
Mr. Steven E. Voskuil (Age 56)
Senior VP & CFO
Comp: $2.68M
Mr. Jason R. Reiman (Age 52)
Senior VP & Chief Supply Chain Officer
Comp: $1.81M
Mr. Charles R. Raup (Age 56)
President of U.S. Confection
Comp: $2.48M
Ms. Kristen J. Riggs (Age 45)
President of Salty Snacks
Comp: $2.44M
Ms. Jennifer L. McCalman (Age 45)
VP & Chief Accounting Officer
Ms. Melissa Poole
Vice President of Investor Relations & Corporate Finance
Mr. Deepak Bhatia
Senior VP & CTO
Mr. James Turoff (Age 47)
Senior VP, General Counsel & Secretary
Ms. Marlene Creighton
Global Chief Sales Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Hershey Stock? HSY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Hershey was last updated on Thursday, February 1, 2024 at 1:16 PM.

Pros

Here are some ways that investors could benefit from investing in The Hershey Company:

The Hershey Company is a well-established confectionery and pantry items manufacturer and seller in the United States.
They have a wide range of popular and beloved products that have a strong consumer demand.
The company has a long history, being founded in 1894, which demonstrates its stability and resilience in the market.
The Hershey Company has a strong distribution network, reaching various retail channels such as supermarkets, convenience stores, dollar stores, concessionaires, and department stores.
Investors can benefit from the company's consistent focus on innovation and product development to meet changing consumer preferences.

Cons

Investors should be bearish about investing in The Hershey Company for these reasons:

As with any investment, there are inherent risks associated with the confectionery industry and the overall market conditions.
Fluctuations in commodity prices, such as cocoa and sugar, can impact the company's profitability.
Changes in consumer preferences and health-conscious trends may affect the demand for traditional confectionery products.
Competition within the confectionery industry is intense, and the company needs to continuously innovate and differentiate its products to stay ahead.
Investors should carefully consider the current stock price and perform thorough financial analysis before making any investment decisions.

HSY Stock Analysis - Frequently Asked Questions

Should I buy or sell Hershey stock right now?: 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 14 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HSY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSY, but not buy additional shares or sell existing shares.
View HSY analyst ratings or view top-rated stocks.
What is Hershey's stock price target for 2024?: 20 equities research analysts have issued 12-month price targets for Hershey's shares. Their HSY share price targets range from $180.00 to $310.00. On average, they anticipate the company's stock price to reach $228.00 in the next year. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for HSY or view top-rated stocks among Wall Street analysts.
How have HSY shares performed in 2024?: Hershey's stock was trading at $186.44 at the start of the year. Since then, HSY stock has increased by 4.8% and is now trading at $195.45.
View the best growth stocks for 2024 here.
Are investors shorting Hershey?: Hershey saw a drop in short interest in January. As of January 15th, there was short interest totaling 2,540,000 shares, a drop of 9.3% from the December 31st total of 2,800,000 shares. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is currently 1.7 days.
View Hershey's Short Interest.
When is Hershey's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our HSY earnings forecast.
How were Hershey's earnings last quarter?: The Hershey Company (NYSE:HSY) released its quarterly earnings data on Thursday, February, 8th. The company reported $2.02 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.07. The company had revenue of $2.66 billion for the quarter, compared to analysts' expectations of $2.72 billion. Hershey had a trailing twelve-month return on equity of 51.79% and a net margin of 16.67%. The business's quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the company posted $2.02 EPS.
Read the conference call transcript.
How often does Hershey pay dividends? What is the dividend yield for Hershey?: Hershey declared a quarterly dividend on Wednesday, February 7th. Investors of record on Tuesday, February 20th will be given a dividend of $1.37 per share on Friday, March 15th. This represents a $5.48 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Friday, February 16th. This is an increase from the stock's previous quarterly dividend of $1.19.
Read our dividend analysis for HSY.
Is Hershey a good dividend stock?: Hershey (NYSE:HSY) pays an annual dividend of $4.77 per share and currently has a dividend yield of 2.44%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HSY will have a dividend payout ratio of 46.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HSY.

What ETFs hold Hershey's stock?: ETFs with the largest weight of Hershey (NYSE:HSY) stock in their portfolio include Invesco Food & Beverage ETF (PBJ), First Trust Nasdaq Food & Beverage ETF (FTXG), AdvisorShares Focused Equity ETF (CWS), Hennessy Stance ESG Large Cap ETF (STNC), iShares MSCI Water Management Multisector ETF (IWTR), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) and American Customer Satisfaction ETF (ACSI).
What guidance has Hershey issued on next quarter's earnings?: Hershey updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of 9.590-9.590 for the period, compared to the consensus EPS estimate of 9.820. The company issued revenue guidance of $11.4 billion-$11.5 billion, compared to the consensus revenue estimate of $11.6 billion.
What is Michele Buck's approval rating as Hershey's CEO?: 208 employees have rated Hershey Chief Executive Officer Michele Buck on Glassdoor.com. Michele Buck has an approval rating of 89% among the company's employees.
What other stocks do shareholders of Hershey own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hershey investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), AT&T (T), NVIDIA (NVDA), Verizon Communications (VZ), Chevron (CVX), Procter & Gamble (PG), Coca-Cola (KO), Walmart (WMT) and Cisco Systems (CSCO).
Who are Hershey's major shareholders?: Hershey's stock is owned by many different institutional and retail investors. Top institutional investors include Nordea Investment Management AB (1.15%), Norges Bank (0.92%), California Public Employees Retirement System (0.44%), Charles Schwab Investment Management Inc. (0.38%), Dimensional Fund Advisors LP (0.36%) and Swiss National Bank (0.23%). Insiders that own company stock include Charles R Raup, Christopher M Scalia, Hershey Trust Co, Hershey Trust Co Trustee In Tr, James Turoff, Jason Reiman, Jennifer Mccalman, Kristen J Riggs, Michele Buck, Pamela M Arway, Pamela M Arway, Robert Malcolm, Rohit Grover and Steven E Voskuil.
View institutional ownership trends.
How do I buy shares of Hershey?: Shares of HSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Hershey have any subsidiaries?: The following companies are subsidiares of Hershey: Allan Candy Company, Amplify Snack Brands Inc., Amplify Snack Brands2, Artisan Confections Company LLC, Brookside Foods Ltd, CSH Foods Inc., Dagoba Organic Chocolate, Dot's Pretzels, Dot's Pretzels LLC, Grupo Lorena, Hershey (China) Investment Management Co. Ltd., Hershey (Thailand) Co. Ltd., Hershey Asia Pacific Pte. Ltd., Hershey Canada Inc., Hershey Caribe Inc., Hershey Chocolate & Confectionery LLC, Hershey Chocolate Sales (Shanghai) Co. Ltd., Hershey Chocolate of Virginia LLC, Hershey India Private Limited, Hershey International LLC, Hershey Japan Co. Ltd., Hershey Malaysia Sdn. Bhd., Hershey Mexico S.A. de C.V., Hershey Netherlands B.V., Hershey Philippines Inc., Hershey Trading GmbH, Hershey UK Finance Limited, Hershey UK Holding Limited, Hershey do Brasil Ltda., Hersmex S. de R.L. de C.V., Joseph Schmidt Confections, Krave Pure Foods, Lily's Sweets, Lily's Sweets LLC, Mauna Loa Macadamia Nut Corporation, Nutrine Confectionery Company Private Limited, ONE Brands LLC, One Brands LLC, Pirate Brands, Pretzels Holdings LLC, Reese Candy Corporation, Regional Operating HQ, Ripple Brand Collective LLC, Scharffen Berger Chocolate Maker, Servicios de Hersmex S. de R.L. de C.V., Shanghai Golden Monkey, The Hershey Investment Company LLC, The Hershey Licensing Company, The Hershey Sales Company, The Hershey Sourcing Company, The Hershey Trading North America Company, Tri-Us Inc., Van Houten (Singapore) Pte. Ltd., Van Houten Singapore Pte.Ltd., Visagis, and Y&S Candies.
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This page (NYSE:HSY) was last updated on 2/12/2024 by MarketBeat.com Staff

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Hershey (HSY) Stock Price, News & Analysis

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