Cal-Maine Foods (CALM) Expected to Announce Earnings on Wednesday

Cal-Maine Foods (NASDAQ:CALM) is expected to release its Q3 2026 results before the market opens on Wednesday, April 1st. Analysts expect Cal-Maine Foods to post earnings of $0.8880 per share and revenue of $655.8240 million for the quarter. Parties can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 1, 2026 at 6:00 AM ET.

Cal-Maine Foods (NASDAQ:CALM) last posted its quarterly earnings data on Wednesday, January 7th. The basic materials company reported $2.13 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.04). The company had revenue of $769.50 million for the quarter, compared to analysts’ expectations of $828.46 million. Cal-Maine Foods had a return on equity of 44.55% and a net margin of 27.37%.The firm’s revenue was down 19.4% compared to the same quarter last year. During the same period in the prior year, the company posted $4.47 EPS. On average, analysts expect Cal-Maine Foods to post $16 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Cal-Maine Foods Trading Up 2.0%

Shares of NASDAQ CALM opened at $78.60 on Wednesday. The stock has a market cap of $3.75 billion, a P/E ratio of 3.32 and a beta of 0.26. The business’s fifty day simple moving average is $83.42 and its 200-day simple moving average is $87.30. Cal-Maine Foods has a 12-month low of $71.92 and a 12-month high of $126.40.

Cal-Maine Foods Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Wednesday, January 28th were given a $0.72 dividend. The ex-dividend date of this dividend was Wednesday, January 28th. This represents a $2.88 dividend on an annualized basis and a yield of 3.7%. Cal-Maine Foods’s dividend payout ratio (DPR) is currently 12.21%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CALM. BMO Capital Markets decreased their price objective on Cal-Maine Foods from $97.00 to $85.00 and set a “market perform” rating for the company in a research note on Thursday, January 8th. Weiss Ratings lowered shares of Cal-Maine Foods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, December 29th. Stephens raised their target price on shares of Cal-Maine Foods from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, March 18th. Finally, Benchmark reiterated a “buy” rating on shares of Cal-Maine Foods in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Cal-Maine Foods currently has a consensus rating of “Hold” and a consensus price target of $94.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Millennium Management LLC increased its holdings in shares of Cal-Maine Foods by 533.2% in the 4th quarter. Millennium Management LLC now owns 348,762 shares of the basic materials company’s stock valued at $27,751,000 after acquiring an additional 293,684 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Cal-Maine Foods by 32.2% during the fourth quarter. Bank of New York Mellon Corp now owns 759,310 shares of the basic materials company’s stock worth $60,418,000 after purchasing an additional 184,843 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in Cal-Maine Foods by 66.9% during the second quarter. Qube Research & Technologies Ltd now owns 435,376 shares of the basic materials company’s stock worth $43,377,000 after purchasing an additional 174,576 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Cal-Maine Foods by 8.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,218,573 shares of the basic materials company’s stock valued at $176,536,000 after purchasing an additional 166,402 shares in the last quarter. Finally, UBS Group AG boosted its holdings in Cal-Maine Foods by 82.4% in the third quarter. UBS Group AG now owns 345,800 shares of the basic materials company’s stock valued at $32,540,000 after purchasing an additional 156,256 shares in the last quarter. 84.67% of the stock is owned by institutional investors and hedge funds.

About Cal-Maine Foods

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States.