Archer-Daniels-Midland (NYSE:ADM) Updates FY25 Earnings Guidance

Archer-Daniels-Midland (NYSE:ADM) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $4.00-4.75 for the period, compared to the consensus earnings per share estimate of $4.71. Archer-Daniels-Midland also updated its FY 2025 guidance to 4.000-4.750 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ADM. BMO Capital Markets cut their target price on Archer-Daniels-Midland from $51.00 to $49.00 and set a “market perform” rating on the stock in a research note on Wednesday. Citigroup boosted their target price on shares of Archer-Daniels-Midland from $51.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, December 4th. Bank of America cut shares of Archer-Daniels-Midland from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $63.00 to $54.00 in a research note on Tuesday, January 14th. Morgan Stanley lowered their price target on Archer-Daniels-Midland from $57.00 to $52.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 12th. Finally, Barclays lowered their price target on Archer-Daniels-Midland from $56.00 to $50.00 and set an “underweight” rating on the stock in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $56.33.

Archer-Daniels-Midland Stock Up 0.5 %

Archer-Daniels-Midland stock opened at $46.68 on Thursday. Archer-Daniels-Midland has a twelve month low of $45.14 and a twelve month high of $66.08. The business has a fifty day moving average of $51.08 and a two-hundred day moving average of $55.62. The firm has a market cap of $22.34 billion, a P/E ratio of 13.30 and a beta of 0.72. The company has a quick ratio of 0.84, a current ratio of 1.40 and a debt-to-equity ratio of 0.34.

Archer-Daniels-Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.07. Archer-Daniels-Midland had a net margin of 2.07% and a return on equity of 10.96%. The firm had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $22.77 billion. During the same quarter in the previous year, the firm earned $1.36 EPS. The company’s quarterly revenue was down 6.4% compared to the same quarter last year. On average, analysts forecast that Archer-Daniels-Midland will post 4.72 earnings per share for the current fiscal year.

Archer-Daniels-Midland Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from Archer-Daniels-Midland’s previous quarterly dividend of $0.50. This represents a $2.04 dividend on an annualized basis and a yield of 4.37%. Archer-Daniels-Midland’s dividend payout ratio is 57.14%.

Archer-Daniels-Midland declared that its board has authorized a stock buyback program on Wednesday, December 11th that allows the company to repurchase 100,000,000 outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

About Archer-Daniels-Midland

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.