Cal-Maine Foods (NASDAQ:CALM) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Posted by Brenda Bartman on Nov 10th, 2026

Cal-Maine Foods, Inc. (NASDAQ:CALM – Get Free Report) crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $68.04 and traded as high as $69.01. Cal-Maine Foods shares last traded at $68.83, with a volume of 1,542,699 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CALM shares. The Goldman Sachs Group set a $60.00 target price on shares of Cal-Maine Foods in a research note on Thursday, October 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cal-Maine Foods in a research report on Wednesday, October 21st. Wells Fargo & Company set a $100.00 price target on shares of Cal-Maine Foods in a report on Monday, July 13th. Benchmark lowered shares of Cal-Maine Foods from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 4th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Cal-Maine Foods in a research note on Tuesday, October 27th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $84.17.

Check Out Our Latest Report on Cal-Maine Foods

Cal-Maine Foods Price Performance

The company has a market cap of $3.22 billion, a price-to-earnings ratio of 58.83 and a beta of 0.28. The business has a 50 day simple moving average of $68.04 and a 200 day simple moving average of $78.12.

Cal-Maine Foods (NASDAQ:CALM – Get Free Report) last announced its earnings results on Wednesday, September 30th. The basic materials company reported ($1.26) EPS for the quarter, missing the consensus estimate of ($0.77) by ($0.49). Cal-Maine Foods had a return on equity of 2.21% and a net margin of 2.32%. The business had revenue of $539.61 million for the quarter, compared to the consensus estimate of $561.57 million. During the same quarter in the previous year, the company posted $4.12 EPS. Cal-Maine Foods’s revenue for the quarter was down 41.5% on a year-over-year basis.

Institutional Investors Weigh In On Cal-Maine Foods

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CALM. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Cal-Maine Foods in the third quarter valued at approximately $213,000. Bessemer Group Inc. raised its position in Cal-Maine Foods by 0.4% in the 3rd quarter. Bessemer Group Inc. now owns 59,145 shares of the basic materials company’s stock worth $4,025,000 after purchasing an additional 223 shares during the last quarter. Virtus Advisers LLC lifted its holdings in Cal-Maine Foods by 16.8% during the 3rd quarter. Virtus Advisers LLC now owns 3,525 shares of the basic materials company’s stock worth $240,000 after buying an additional 506 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in Cal-Maine Foods by 7.1% during the 3rd quarter. Fisher Asset Management LLC now owns 284,655 shares of the basic materials company’s stock worth $19,374,000 after buying an additional 18,914 shares in the last quarter. Finally, King Luther Capital Management Corp boosted its position in Cal-Maine Foods by 0.6% in the 3rd quarter. King Luther Capital Management Corp now owns 46,617 shares of the basic materials company’s stock valued at $3,173,000 after buying an additional 273 shares during the last quarter. Institutional investors and hedge funds own 84.67% of the company’s stock.

Cal-Maine Foods Company Profile

(Get Free Report)

Cal-Maine Foods, Inc is an American producer and marketer of shell eggs. Founded in 1957 and headquartered in Ridgeland, Mississippi, the company raises laying hens and handles the grading, packaging, and distribution of eggs for retail and food-service customers.

Its products include conventional, cage-free, free-range, organic, brown, and other specialty eggs. Cal-Maine sells eggs under its own labels and customer brands, and also markets products under licensed brands.

The company serves customers across much of the United States, with operations and distribution focused primarily on the South, Southwest, and Midwest.