Smithfield Foods (NASDAQ:SFD) Sets New 52-Week Low – Here’s What Happened

Posted by Brian Himes on Sep 9th, 2026

Smithfield Foods logo Smithfield Foods, Inc. (NASDAQ:SFD – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $20.74 and last traded at $20.5590, with a volume of 34814 shares traded. The stock had previously closed at $22.01.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SFD. The Goldman Sachs Group restated a “buy” rating and issued a $32.00 price objective on shares of Smithfield Foods in a report on Wednesday, August 12th. Zacks Research lowered shares of Smithfield Foods from a “hold” rating to a “strong sell” rating in a report on Thursday, August 13th. Barclays dropped their target price on shares of Smithfield Foods from $31.00 to $29.00 and set an “overweight” rating for the company in a report on Wednesday. Bank of America decreased their price target on shares of Smithfield Foods from $33.00 to $32.00 and set a “buy” rating on the stock in a research note on Thursday, July 2nd. Finally, Weiss Ratings lowered shares of Smithfield Foods from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, September 3rd. Five research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $31.00.

Read Our Latest Research Report on SFD

Smithfield Foods Price Performance

The stock’s fifty day moving average price is $24.16 and its 200-day moving average price is $25.39. The firm has a market cap of $8.12 billion, a price-to-earnings ratio of 7.74 and a beta of -0.51. The company has a current ratio of 2.56, a quick ratio of 1.34 and a debt-to-equity ratio of 0.20.

Smithfield Foods (NASDAQ:SFD – Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. Smithfield Foods had a net margin of 6.84% and a return on equity of 15.55%. The firm had revenue of $3.70 billion for the quarter. During the same period in the previous year, the firm posted $0.55 EPS. The firm’s quarterly revenue was down 2.3% compared to the same quarter last year. As a group, equities research analysts forecast that Smithfield Foods, Inc. will post 2.45 earnings per share for the current fiscal year.

Smithfield Foods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were given a $0.3125 dividend. The ex-dividend date was Thursday, August 13th. This represents a $1.25 dividend on an annualized basis and a yield of 6.1%. Smithfield Foods’s payout ratio is currently 46.64%.

Hedge Funds Weigh In On Smithfield Foods

Hedge funds have recently modified their holdings of the business. Engineers Gate Manager LP increased its position in shares of Smithfield Foods by 2,584.3% during the 2nd quarter. Engineers Gate Manager LP now owns 351,055 shares of the company’s stock worth $8,517,000 after purchasing an additional 337,977 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Smithfield Foods in the second quarter valued at about $157,000. IFP Advisors Inc boosted its stake in Smithfield Foods by 136.4% during the second quarter. IFP Advisors Inc now owns 3,815 shares of the company’s stock worth $93,000 after buying an additional 2,201 shares during the period. Squarepoint Ops LLC boosted its stake in Smithfield Foods by 144.9% during the second quarter. Squarepoint Ops LLC now owns 112,413 shares of the company’s stock worth $2,727,000 after buying an additional 66,519 shares during the period. Finally, Allworth Financial LP increased its position in shares of Smithfield Foods by 196.5% during the second quarter. Allworth Financial LP now owns 3,018 shares of the company’s stock valued at $73,000 after acquiring an additional 2,000 shares during the last quarter.

Smithfield Foods Company Profile

(Get Free Report)

Smithfield Foods, Inc (NASDAQ: SFD) is one of the world’s largest pork processors and hog producers. Founded in 1936 in Smithfield, Virginia, the company has grown from a regional ham producer into a fully integrated food company offering a broad range of fresh pork, value-added meats and prepared foods. Its product portfolio includes bacon, ham, sausage, ribs and deli meats marketed under well-known brands such as Smithfield®, Nathan’s Famous® and Eckrich®.

Smithfield operates a network of hog production facilities, processing plants and distribution centers across the United States, Europe and Latin America.