The J.M. Smucker Company (SJM) faces a volatile market with a mix of wins and losses. Despite a
16% decline over the previous year, SJM has engaged in strategic
portfolio optimization efforts, divesting certain value brands, including its Cloverhill, Big Texas, and Voortman brands, to bolster the strength of others, such as its sweet baked snacks segment and the high-performing Uncrustables brand. Investors consider SJM among the
best, consistent dividend stocks, with the company declaring dividends regularly and a recent
quarterly dividend of $1.08 payable in March 2025. Its
earnings have shown promise, but the full-year guidance has been cut, potentially influencing the stock's performance. Highlighting an ambitious growth strategy, SJM targets $1B in sales for Uncrustables and wants twin dominance with its coffee brand—highly regarded by hedge funds. The company has also opened a new Uncrustables manufacturing facility in Alabama, signaling its commitment to this brand. Although the company's stock touched a 52-week low recently, seasoned investors like
Jim Cramer still strongly support SJM.
The JM Smucker Company SJM News Analytics from Mon, 25 Mar 2024 07:00:00 GMT to Sat, 08 Feb 2025 22:36:01 GMT -
Rating -2
- Innovation 4
- Information 7
- Rumor -3
