McCormick & Company Incorporated (MKC)

NYSE
Currency in USD
73.90
-0.11(-0.15%)
Closed·
After Hours
73.89-0.01(-0.01%)
·
MKC Scorecard
Full Analysis
Has raised its dividend for 39 consecutive years
Earnings results expected in 9 days
Fair Value
Day's Range
73.5074.94
52 wk Range
66.8886.24
Key Statistics
Edit
Prev. Close
74.01
Open
74.21
Day's Range
73.5-74.94
52 wk Range
66.88-86.24
Volume
1.65M
Average Volume (3m)
2.4M
1-Year Change
9.01%
Book Value / Share
20.22
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
MKC Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
82.34
Upside
+11.42%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings downwards for the upcoming period
Show more

McCormick & Company Incorporated Company Profile

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French’s, Frank’s RedHot, Lawry’s, Cholula Hot Sauce, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; and McCormick and DaQiao brands in the Asia/Pacific, as well as markets desserts under the Aeroplane brand and packaged chilled herbs under the Gourmet Garden brand name; and markets regional and ethnic brands, such as Zatarain’s, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Employees
14100

McCormick & Company Incorporated SWOT Analysis


Flavor Giant's Crossroads
McCormick & Co. navigates market challenges, balancing strong consumer segment performance against headwinds in Flavor Solutions business
Financial Resilience
Company reaffirms FY2025 guidance amid industry downturn, projecting EPS of $3.06 for FY1 and $3.34 for FY2, with $21.54B market cap
Segment Dichotomy
Explore the contrasting fortunes of McCormick's Consumer and Flavor Solutions segments, shaping the company's growth trajectory
Strategic Growth Outlook
Delve into McCormick's above-industry growth algorithm, emerging market opportunities, and innovation strategies driving future expansion
Read full SWOT analysis

McCormick & Company Incorporated Earnings Call Summary for Q3/2024

  • Q3 sales flat in constant currency; Consumer segment up 1% in volume; gross profit margin expanded 170 basis points
  • 2024 outlook: 1% decline to 1% growth in constant currency net sales; adjusted EPS forecast $2.85-$2.90
  • Strategic investments in brand marketing and innovation to drive volume trends and long-term growth
  • Challenges in QSR sector and China business; Q4 EPS expected to decline 15% year-over-year due to increased SG&A
  • Focus on digital transformation, healthy cooking trends, and maintaining pricing strategy for 2025
Last Updated: 2024/10/02, 10:26
Read Full Transcript

Compare MKC to Peers and Sector

Metrics to compare
MKC
Peers
Sector
Relationship
P/E Ratio
25.3x22.2x11.7x
PEG Ratio
2.360.180.03
Price/Book
3.7x1.8x1.5x
Price / LTM Sales
2.9x1.4x0.9x
Upside (Analyst Target)
10.8%3.3%18.5%
Fair Value Upside
Unlock19.0%11.6%Unlock

Analyst Ratings

5 Buy
9 Hold
2 Sell
Ratings:
16 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 82.34
(+11.42% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.92%
Dividend Yield
2.43%
Industry Median 3.54%
Annualised payout
1.80
Paid quarterly
5-Years Growth
+7.98%
Growth Streak

Earnings

Latest Release
Mar 25, 2025
EPS / Forecast
0.60 / 0.64
Revenue / Forecast
1.61B / 1.61B
EPS Revisions
Last 90 days

MKC Income Statement

FAQ

What Is the McCormick&Co (MKC) Stock Price Today?

The McCormick&Co stock price today is 73.90

What Stock Exchange Does McCormick&Co Trade On?

McCormick&Co is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for McCormick&Co?

The stock symbol for McCormick&Co is "MKC."

Does McCormick&Co Pay Dividends? What’s The Current Dividend Yield?

The McCormick&Co dividend yield is 2.44%.

What Is the McCormick&Co Market Cap?

As of today, McCormick&Co market cap is 19.82B.

What Is McCormick&Co's Earnings Per Share (TTM)?

The McCormick&Co EPS (TTM) is 2.92.

When Is the Next McCormick&Co Earnings Date?

McCormick&Co will release its next earnings report on 25 Jun 2025.

From a Technical Analysis Perspective, Is MKC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has McCormick&Co Stock Split?

McCormick&Co has split 7 times.

How Many Employees Does McCormick&Co Have?

McCormick&Co has 14100 employees.

What is the current trading status of McCormick&Co (MKC)?

As of 16 Jun 2025, McCormick&Co (MKC) is trading at a price of 73.90, with a previous close of 74.01. The stock has fluctuated within a day range of 73.50 to 74.94, while its 52-week range spans from 66.88 to 86.24.

What Is McCormick&Co (MKC) Price Target According to Analysts?

The average 12-month price target for McCormick&Co is USD82.34067, with a high estimate of USD101 and a low estimate of USD67. 5 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Neutral. The stock has an +11.42% Upside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.