A number of research firms have changed their ratings and price targets for Smithfield Foods (NASDAQ: SFD):
- 3/29/2026 – Smithfield Foods was upgraded by Wall Street Zen from “hold” to “buy”.
- 3/25/2026 – Smithfield Foods was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 3/25/2026 – Smithfield Foods was upgraded by Zacks Research from “hold” to “strong-buy”.
- 3/25/2026 – Smithfield Foods had its price target raised by Morgan Stanley from $29.00 to $31.00. They now have an “overweight” rating on the stock.
- 3/21/2026 – Smithfield Foods was downgraded by Wall Street Zen from “buy” to “hold”.
- 2/28/2026 – Smithfield Foods was upgraded by Wall Street Zen from “hold” to “buy”.
Smithfield Foods Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th will be issued a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, April 7th. This is a positive change from Smithfield Foods’s previous quarterly dividend of $0.25. Smithfield Foods’s dividend payout ratio (DPR) is currently 39.84%.
Smithfield operates a network of hog production facilities, processing plants and distribution centers across the United States, Europe and Latin America.
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