SAFM Sanderson Farms Dashboard

Sanderson Farms, Inc. is a poultry processing company, which engages in the production, processing, marketing, and distribution of fresh, frozen, further processed, and partially cooked chicken products. It operates through the following divisions: Production, Processing, and Foods. The Production division refers to the production of chickens to the broiler stage. The Processing division involves the processing, sale, and distribution of chickens. The Foods division comprises the processing, marketing, and distribution of prepared chicken items sold nationally and regionally. The firm offers its products under the brand Sanderson Farms. The company was founded by Dewey R. Sanderson, Dewey R. Sanderson, Jr. and Joe Frank Sanderson in 1947 and is headquartered in Laurel, MS.

Company profile

Ticker

SAFM

Exchange

NASDAQ

Website

sandersonfarms.com/

CEO

Joe Sanderson

Incorporated

Mississippi

Location

Mississippi

Fiscal year end

Oct 31

Sector

Manufacturing > Dog and Cat Food Manufacturing

Industry (SIC)

Poultry Slaughtering and Processing

Tyson Foods • Pilgrim`s Pride • Industrias Bachoco, S.A.B. DE C.V. ...

SEC CIK

0000812128

Corporate docs

Articles of Incorporation & Bylaws

IRS number

640615843

SAFM stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Stocks That Hit 52-Week Highs On Thursday

4 Mar 21

Thursday's morning session saw 237 companies set new 52-week highs.

A Look Into Sanderson Farms Price Over Earnings

26 Feb 21

Credit Suisse Maintains Neutral on Sanderson Farms, Raises Price Target to $148

26 Feb 21

Credit Suisse analyst Robert Moskow maintains Sanderson Farms (NASDAQ:SAFM) with a Neutral and raises the price target from $120 to $148.

Stocks That Hit 52-Week Highs On Thursday

25 Feb 21

Sanderson Farms Q1 EPS $0.42 Up From $(1.76) YoY, Sales $909.30M Beat $843.16M Estimate

25 Feb 21

Press releases

Pro users get this 30m faster

Sanderson Farms to Participate in BofA Securities 2021 Consumer & Retail Technology Conference

26 Feb 21

Sanderson Farms, Inc. (NASDAQ:SAFM) today announced that management will participate in the BofA Securities 2021 Consumer & Retail Technology Conference to be held March 9-10, 2021. Due to the COVID-19 pandemic,

Sanderson Farms to Participate in Stephens Virtual Best Ideas Conference

25 Feb 21

Sanderson Farms, Inc. (NASDAQ:SAFM) today announced that management will participate in the Stephens 2021 Virtual Best Ideas Conference to be held March 10, 2021. Due to the COVID-19 pandemic, this forum will be held in

Sanderson Farms, Inc. to Host Earnings Call

25 Feb 21

NEW YORK, NY / ACCESSWIRE / February 25, 2021 / Sanderson Farms, Inc. (NASDAQ:SAFM) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on February 25, 2021 at 11:00 AM Eastern

Sanderson Farms, Inc. Reports Results for First Quarter of Fiscal 2021

25 Feb 21

Sanderson Farms, Inc. Holds Annual Meeting of Stockholders

18 Feb 21

Calendar

25 Feb 21

13 Apr 21

31 Oct 21

Financial summary

Financial statements Chart SAFM financial data

Quarter (USD)	Jan 21	Oct 20	Jul 20	Apr 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Oct 20	Oct 19	Oct 18	Oct 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	50.09M	50.09M	50.09M	50.09M	50.09M	50.09M
Cash burn (monthly)	(positive/no burn)	1.11M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	2.71M	n/a	n/a	n/a	n/a
Cash remaining	n/a	47.38M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	42.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

SAFM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
31 Mar 21	Barksdale John David	Common Stock	Grant	Aquire A	No	No	0	23	0	4,559
31 Mar 21	Barksdale John David	Common Stock	Grant	Aquire A	No	No	155.78	94	14.64K	4,536
31 Mar 21	Kelly Green Edith	Common Stock	Grant	Aquire A	No	No	0	4	0	3,254
31 Mar 21	Kelly Green Edith	Common Stock	Grant	Aquire A	No	No	155.78	17	2.65K	3,250
31 Mar 21	Perez Sonia	Common Stock	Grant	Aquire A	No	No	0	19	0	2,773
31 Mar 21	Perez Sonia	Common Stock	Grant	Aquire A	No	No	155.78	78	12.15K	2,754
31 Mar 21	Banks Fred L JR	Common Stock	Grant	Aquire A	No	No	0	37	0	26,435
31 Mar 21	Banks Fred L JR	Common Stock	Grant	Aquire A	No	No	155.78	149	23.21K	26,398
31 Mar 21	Cooley Toni D	Common Stock	Grant	Aquire A	No	No	0	39	0	22,224
31 Mar 21	Cooley Toni D	Common Stock	Grant	Aquire A	No	No	155.78	156	24.3K	22,185

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

SAFM institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

83.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	251	229	+9.6%
Opened positions	44	24	+83.3%
Closed positions	22	43	-48.8%
Increased positions	81	75	+8.0%
Reduced positions	94	93	+1.1%

13F shares	Current	Prev Q	Change
Total value	2.51B	2.26B	+11.0%
Total shares	18.62M	19.13M	-2.7%
Total puts	80.6K	285.2K	-71.7%
Total calls	127.3K	100.6K	+26.5%
Total put/call ratio	0.6	2.8	-77.7%

Largest owners	Shares	Value	Change
BLK Blackrock	2.19M	$290.1M	+1.1%
Nuance Investments	2.01M	$265.67M	+18.7%
Vanguard	1.88M	$249.18M	+2.4%
TROW T. Rowe Price	1.3M	$172.33M	+7.4%
STT State Street	936.87K	$123.85M	+0.7%
Wellington Management	916.61K	$121.18M	+13.7%
FMR	832.34K	$110.04M	-1.3%
Victory Capital Management	784.75K	$103.75M	-8.0%
Massachusetts Financial Services	766.9K	$101.38M	+16.1%
Dimensional Fund Advisors	694.64K	$91.83M	-6.7%

Largest transactions	Shares	Bought/sold	Change
Durational Capital Management	0	-1.11M	EXIT
Nuance Investments	2.01M	+316.07K	+18.7%
Deprince Race & Zollo	82.35K	-158.27K	-65.8%
Clearbridge Advisors	254.71K	-140.84K	-35.6%
IVZ Invesco	172.9K	+138.44K	+401.8%
Sanderson Farms, Inc. & Affiliates Employee Stock Ownership Plan & Trust	111.06K	+111.06K	NEW
JHG Janus Henderson	353.34K	-110.69K	-23.9%
Wellington Management	916.61K	+110.35K	+13.7%
Massachusetts Financial Services	766.9K	+106.15K	+16.1%
TROW T. Rowe Price	1.3M	+89.58K	+7.4%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Net sales for the first quarter ended January 31, 2021 were $909.3 million as compared to $823.1 million for the first quarter ended January 31, 2020, an increase of $86.2 million, or 10.5%. Net sales of poultry products for the first quarter ended January 31, 2021 and 2020, were $870.2 million and $771.5 million, respectively, an increase of $98.7 million, or 12.8%. The increase in net sales of poultry products resulted from a 13.0% increase in the average sales price of poultry products sold, slightly offset by a 0.1% decrease in the pounds of poultry products sold. During the first quarter of fiscal 2021, the Company sold 1,150.2 million pounds of poultry products, down from 1,151.8 million pounds during the first quarter of fiscal 2020. The decrease in pounds of poultry products sold resulted from a 0.8% decrease in the number of head processed and a 1.1% decrease in the average live weight of poultry processed.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: al, bifurcated, brand, breeder, bulk, catastrophic, certification, characterized, chilling, coinciding, collapsed, Colorado, concentrated, damaged, deboning, deep, deficient, destroyed, discontinued, doctrine, enrichment, euthanize, event, exposed, extreme, Facilitation, feature, featuring, fell, fifty, flu, Hazlehurst, Hector, historic, historical, historically, ice, improve, improved, improvement, incorporated, incorporating, increasingly, insurance, insured, interruption, isolate, isolation, Jien, Judy, Koch, labeling, lapsed, LIBOR, MDL, medical, older, onset, optional, panel, past, Perdue, pick, power, Rabobank, Reform, regular, reimbursement, relaxed, resolved, risen, road, salable, send, shortfall, simplify, Simplifying, snow, staffed, substantively, suffer, summer, telemedicine, temporarily, Topic, traditional, underway, unjust, vaccinated, varying, version, winter, workplace

Removed: achieved, achieving, African, aircraft, alter, arising, Asia, ban, behavior, calculating, care, carry, Central, Chinese, classification, classified, closer, commencement, comparability, compensatory, component, confidence, create, criterion, Cuba, deficit, depreciation, disclosing, discount, disrupt, disruption, exist, existence, expedient, fear, fever, filled, finance, haul, hindsight, house, implicit, import, inception, incremental, integrated, investment, lead, lease, leasing, lessee, Lindale, mill, Mineola, outbreak, output, oversupply, package, packaged, phase, pork, practical, produced, punitive, qualifying, relationship, rendered, resell, residual, resold, restating, resumed, sake, satisfaction, selection, single, Smith, spending, stable, swine, trainee, transition, transparency, turn, twelve, Tyler, unearned, variable, waste, widely, worldwide

From filing 10-Q 2021 Q1