The Election Shock Nobody Expected... (But You'll See it Coming)
It comes down to just 9 words... Nine simple words which when spoken, will determine the outcome of the 2024 election... These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.
| Open | 69.89 | Prev Close | 70.24 |
| High | 70.67 | Low | 69.62 |
| Volume | 2,432,842 | Volume (Avg) | 1,856,761 |
| 52 Week High | 104.82 | 52 Week Low | 55.12 |
| Market Cap | 22.9B | PE Ratio | 25.41 |
General
| Name | McCormick & Company, Incorporated |
| Ticker | MKC |
| Exchange | NYSE |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Currency | USD |
| Country | USA |
| Fiscal Year End | November |
| Full Time Employees | 13,000 |
About McCormick & Company, Incorporated
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brand names in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors or wholesalers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
Highlights
| Analyst Target | 92.06 |
| Market Cap | 22,941,763,584 |
| PE Ratio | 25.41 |
| PEG Ratio | 4.60 |
| EBITDA | 1,181,400,064 |
Valuation
| Trailing PE | 30.91 |
| Forward PE | 29.07 |
| Price/Sales (Trailing 12 Mt.) | 4.12 |
| Price/Book (Most Recent Quarter) | 5.84 |
Technicals
| Beta | 0.47 |
| 52 Week High | 104.82 |
| 52 Week Low | 55.12 |
| 50 Day Average | 87.07 |
| 200 Day Average | 93.07 |
Dividend
McCormick & Company, Incorporated pays out a dividend of $1.24 per share, with a dividend yield of 2.30%.
MKC's last dividend payment was made to shareholders on January 11, 2021.
They pay out 55.83% of their earnings out as a dividend.
Recent Dividends
| Apr 22, 2024 | $0.42 |
| Jan 8, 2024 | $0.42 |
| Oct 24, 2023 | $0.39 |
| Jul 24, 2023 | $0.39 |
| Apr 24, 2023 | $0.39 |
| Jan 9, 2023 | $0.39 |
| Oct 25, 2022 | $0.37 |
| Jul 25, 2022 | $0.37 |
Chewy, Apple, Marathon Digital, McDonald's, Tesla: Why These 5 Stocks Are On Investors' Radars Today
On Monday evening, major U.S. indices closed in positive territory. The Dow Jones Industrial Average increased by 0.1%, reaching 39,169.52. The S&P 500 rose by 0.3% to 5,475.09, while the tech-focused Nasdaq climbed 0.8% to finish at 17,879.30. These are the top stocks that gained the attention of retail traders and investors throughout the day:
US Stocks Set For A Lower Start As Sentiment Sours Ahead Of Powell's Speech, JOLTS Data, And Tesla Q2 Data: 'There's Still An Upward Tilt To The Equity Market,' Says Analyst
Wall Street is priming for a moderately lower opening on Tuesday after soft data helped the tech-heavy Nasdaq Composite close at another record high in the first trading session of the year’s second half.
Amazon's Betting Big on This Unknown AI Company - Ad
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
Why Poet Technologies Stock Is Up Today
POET Technologies shares are trading higher Monday. The company announced Friday that it has been selected as winner of the "Best Optical AI Solution" award in the seventh annual AI Breakthrough Awards program.
As Nvidia And Other Tech Stocks Soar, Expert Downgrades Sector Amid Overvaluation Concerns
The tech sector, a major driver of the stock market's recent gains, has been downgraded by Truist's Chief Strategist and CIO, Keith Lerner. This move comes amid concerns of overvaluation and a subsequent recommendation to invest in alternative sectors.
Ex-CIA Insider Exposes How Dems Could Rig the Election - Ad
In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.
Why Humacyte Stock Is Trading 15% Higher Monday
Humacyte received the Food and Drug Administration's Regenerative Medicine Advanced Therapy designation for its Acellular Tissue Engineered Vessel.
Federal Court Dismisses Marijuana Companies' Lawsuit Against Government Prohibition
Federal court dismisses marijuana companies' lawsuit against federal prohibition, citing Supreme Court precedent.
A Silent Invasion of America - Ad
America's southern border is in chaos, but a more alarming invasion is occurring nationwide. This unprecedented event will reshape the country dramatically, equating to 300 years of change in just 24 months. I've discovered startling facts that every American must know before it's too late.
Donald Trump Hush Money Trial Sentencing Delayed To September 18: The Supreme Court Immunity Impact Takes Early Stage
Sentencing for Donald Trump's hush money case has been delayed after the Supreme Court granted the former president partial immunity.
These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of
In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.
AI Giant To Close the AI "Wealth Window' June 25? - Ad
On June 25, AI Giants will reveal "AI 2.0" to major tech executives, marking a pivotal moment in investing. This next-gen AI promises to transform lives and create a $15.7 trillion global market by 2030. This brief opportunity exists for early investors to capitalize on small breakthrough companies before this wealth window closes.
Biden Accuses Trump Of Having Sex With A Porn Star When Melania Was Pregnant During The Debate: 'You Have The Morals Of An Alley Cat'
President Joe Biden directly criticized former President Donald Trump's felony conviction in New York related to hush money charges.
Football Legend Ronaldinho Says 'Time For Crypto To Go Mainstream:' Is Another Token Themed After Him On The Way?
Brazilian football legend Ronaldo de Assis Moreira, better known as Ronaldinho, sounded bullish on cryptocurrencies with a recent post on X, formerly Twitter, part of a larger trend of well-known figures putting their weight behind what is still regarded as a volatile asset class.
Wall St. Legend: Millions of Americans About to Fall Out of the 1% - Ad
Wall Street insider reveals the financial tidal wave about to knock millions of Americans out of the One Percent. Predicts it will be far worse for everyone else. Warns EVERYONE to seek higher ground now!
Why Pitney Bowes Shares Are Shooting Higher today
Pitney Bowes shares up on update of cost rationalization initiative, $70M in savings identified. The cost cuts are anticipated to be largely reflected in second half of 2024 pre-tax earnings and fully reflected in 2025.
Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate
Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.
Discover "U.S.'s New Money" Before Biden Wins - Ad
A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.
Report says unsecured tanker hatch spilled out gas in crash that destroyed I-95 bridge in Philly
HARRISBURG, Pa. (AP) — Gasoline spilled out from an unsecured hatch on the top of the gasoline delivery tanker that overturned and ignited beneath an Interstate 95 bridge in Philadelphia a year ago, according to new details from federal investigators.
Google Makes Major Solar Move, Acquires Stake In Taiwan-Based New Green Power Owned By BlackRock
Alphabet Inc.'s subsidiary Google has purchased a stake in a Taiwanese solar power company. The deal, which involves New Green Power, a firm owned by BlackRock, could see Google procure up to 300 megawatts of renewable energy.
Joe Biden Facing Political "Knockout" In Weeks? - Ad
Weeks from now, we are expecting Joe Biden to make a historical announcement... It will change everything about the coming 2024 election. In short: Joe Biden is facing a new political scandal like no other ... And the shocking thing is, his own party is behind it. It doesn't matter if you're not a political junkie. It doesn't matter who you are voting for. The implications of this sinister turn of events will impact YOUR money, perhaps immediately...
Biden to nominate Christy Goldsmith Romero as FDIC chair after abrupt departure of predecessor
NEW YORK (AP) — President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Greunberg as head of the Federal Deposit Insurance Corporation.
Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor
A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.
Could This New Project Top $1T? - Ad
This billionaire has predicted that his new venture - something I'm calling "X-9840" - could become "a trillion dollar company." Today, only three companies in the US are worth more than $2 trillion. Microsoft... Apple...and Nvidia. This has nothing to do with electric vehicles... Self-driving cars, rockets, brain chips, or satellites.
Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand
Goldman Sachs analyst James Schneider initiates coverage on US Telecom Services and infrastructure sector, constructive on wireless carriers and data centers.
VIDEO: Huge Cannabis March In Brazil As Supreme Court Considers Decriminalization
Watch the video of this Massive Cannabis March In Brazil advocating for cannabis reform as Supreme Court reconsiders decriminalization...
This Billionaire's Final Masterpiece: "X-9840" - Ad
The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix... Just released the details on what he's calling Project X-9840. This business mogul is now set to revolutionize MONEY. He has said he could flip the switch "as early as mid 2024."
Trump's Crypto Fortune, Proposal For Bill Allowing Federal Tax Payments In Bitcoin, And More: Crypto Weekly Round-Up
As the week comes to a close, the world of finance and cryptocurrency has been anything but quiet. From former President Donald Trump‘s potential crypto fortune to the introduction of a bill allowing federal tax payments in Bitcoin, the news cycle has been buzzing with intriguing developments. Here’s a quick recap of the top stories that made headlines.
Trump Is Raising Enough Money To Wipe Out Biden's Once Significant Cash Advantage
The campaign of former President Donald Trump has seen a significant increase in donations, surpassing that of President Joe Biden, following Trump's felony conviction.
'Bombshell' Presentation Exposes Dark Side of Tech Billionaires - Ad
Blistering presentation exposes dark underbelly of Big Tech; their control over the economy and what you can do about it. If you watch just one presentation this year, make sure it's this one.
Marjorie Taylor Greene Says Trump Immunity Ruling By Supreme Court 'Ends The Insane 2020 Election Case' Against Ex-President
Marjorie Taylor Greene lauds the Supreme Court's decision to uphold presidential immunity, calling it a significant win against the Democrats.
Assault on US avocado inspectors in Mexican state led to suspension of inspections
MEXICO CITY (AP) — Two employees of the U.S. Agriculture Department were assaulted and temporarily held by assailants in the Mexican state of Michoacan, prompting the U.S. government , the U.S. ambassador to Mexico said Tuesday.
Claim Your Free "AI Income Playbook" Now! - Ad
Income expert Marc Lichtenfeld has a special gift reserved just for you... It's his brand-new "AI Income Playbook" - and it's yours FREE! Inside, you'll discover how to tap the unlimited profit potential of artificial intelligence... With three explosive AI stocks that are handing out monster dividends like clockwork.
Biden In Trouble: Trump Dominates Swing States, Ties In New Battleground State Won By Democrats In 12 Straight Presidential Elections
A new 2024 election poll makes a change to what the top seven swing states are. The move and poll results could have Joe Biden worried.
Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership
TOKYO (AP) — Toyota shareholders voted Tuesday , grandson of the Japanese automaker’s founder, as chairman on the board.
After Conviction, There Could Be More Bad News for Trump - Ad
Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.
Microsoft, Amazon Or Palantir: Reddit Users Debate How To Invest $4,900
Reddit users debate best stock picks for $4.9K investment. Microsoft and Amazon seen as strong choices, while Palantir's potential sparks debate.
Bitcoin At 'Do-Or-Die' Level And Dogwifhat 'Just Looks Sh*t,' Says Top Trader: 'Can't Pin This On Me'
Bitcoin (CRYPTO: BTC) is currently at a critical juncture, according to a prominent crypto analyst.
5 Wall Street Legends Just Bought This One Stock - Ad
"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.
What's Going On With Taiwan Semi Stock On Wednesday?
Taiwan Semiconductor Industry to maintain global lead for 8-10 years, urged to ensure research security and develop grand strategy for changing supply chains.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.