This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ex-Dividend Stocks: Apache, Hormel

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

C. R. Bard

The patient care device company is scheduled to report second-quarter earnings on Wednesday. On average, analysts expect earnings of $1.64 a share on revenue of $754.67 million.

"$500mn buyback and dividend increase speaks to company's confidence," Jefferies analysts wrote in a June 14 report. "Bard has already begun finding ways to deploy the substantial sum of excess capital it expects to receive in the case. The company announced a 5% increase in its dividend as well as a $500mm share repurchase authorization just yesterday. The company has commented that half of any windfall will be used for longer term strategic initiatives and half for immediate earnings appreciation."

Forward Annual Dividend Yield: 0.7%


Hormel Foods

The food products company is slated to report third-quarter earnings on Aug. 23. Analysts, on average, anticipate earnings of 41 cents a share on revenue of $2.01 billion.

"Hormel reported 2Q12 EPS of $0.48, ahead of our $0.45 estimate," Credit Suisse analysts wrote in a May 24 report. "The quality of the results was fair but not great. SG&A of $149 million was down 7% from a year ago (-7.5% versus our estimate). Volume declined 2%, and Jennie-O's operating margin was unsustainably high at 18%. However, given the weak trends overall in the food industry, it was encouraging to see HRL still delivering earnings growth. We remain on the sidelines due to our concern that turkey margins will decline substantially, thus impairing earnings growth. We are modestly raising our 2012 and 2013 EPS estimates to $1.87 and $2.03 (from $1.85 and $2.00), respectively. We are maintaining our $32 TP."

Forward Annual Dividend Yield: 2%

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
APA $56.08 -2.69%
BCR $172.77 1.21%
HRL $56.98 1.08%
AAPL $126.60 0.94%
FB $86.91 1.34%

Markets

DOW 17,757.91 +138.40 0.79%
S&P 500 2,077.42 +14.31 0.69%
NASDAQ 5,013.1230 +26.2560 0.53%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs