McCormick & Company, Incorporated (MKC) to Release Quarterly Earnings on Thursday

McCormick & Company, Incorporated (NYSE:MKC) is anticipated to post its Q2 2026 results before the market opens on Thursday, June 25th. Analysts expect McCormick & Company, Incorporated to post earnings of $0.69 per share and revenue of $1.9151 billion for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, June 25, 2026 at 8:00 AM ET.

McCormick & Company, Incorporated (NYSE:MKC) last released its earnings results on Tuesday, March 31st. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.05. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.79 billion. McCormick & Company, Incorporated had a return on equity of 13.29% and a net margin of 23.12%.McCormick & Company, Incorporated’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 earnings per share. On average, analysts expect McCormick & Company, Incorporated to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

McCormick & Company, Incorporated Price Performance

NYSE MKC opened at $46.41 on Thursday. The company has a market capitalization of $12.47 billion, a PE ratio of 7.61, a price-to-earnings-growth ratio of 2.33 and a beta of 0.65. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.36 and a current ratio of 0.76. The business’s fifty day moving average is $49.09 and its 200 day moving average is $58.79. McCormick & Company, Incorporated has a fifty-two week low of $44.82 and a fifty-two week high of $78.16.

McCormick & Company, Incorporated Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 27th. Investors of record on Monday, April 20th were given a dividend of $0.48 per share. The ex-dividend date was Monday, April 20th. This represents a $1.92 annualized dividend and a yield of 4.1%. McCormick & Company, Incorporated’s payout ratio is 31.48%.

Insiders Place Their Bets

In related news, Director Gavin Hattersley acquired 2,000 shares of McCormick & Company, Incorporated stock in a transaction on Friday, April 10th. The shares were bought at an average cost of $52.98 per share, with a total value of $105,960.00. Following the completion of the purchase, the director directly owned 2,906 shares of the company’s stock, valued at $153,959.88. The trade was a 220.75% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 10.60% of the stock is owned by insiders.

Institutional Investors Weigh In On McCormick & Company, Incorporated

Several large investors have recently added to or reduced their stakes in the stock. Van ECK Associates Corp increased its stake in McCormick & Company, Incorporated by 10.5% during the fourth quarter. Van ECK Associates Corp now owns 1,795 shares of the company’s stock worth $122,000 after acquiring an additional 171 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in McCormick & Company, Incorporated by 10.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,910 shares of the company’s stock worth $131,000 after acquiring an additional 176 shares during the last quarter. Modern Wealth Management LLC increased its stake in McCormick & Company, Incorporated by 5.9% during the second quarter. Modern Wealth Management LLC now owns 3,258 shares of the company’s stock worth $247,000 after acquiring an additional 181 shares during the last quarter. TIAA Trust National Association increased its stake in McCormick & Company, Incorporated by 1.9% during the fourth quarter. TIAA Trust National Association now owns 9,843 shares of the company’s stock worth $670,000 after acquiring an additional 181 shares during the last quarter. Finally, Vise Technologies Inc. increased its stake in McCormick & Company, Incorporated by 6.2% during the fourth quarter. Vise Technologies Inc. now owns 3,184 shares of the company’s stock worth $217,000 after acquiring an additional 185 shares during the last quarter. 79.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on MKC shares. Deutsche Bank Aktiengesellschaft lowered their target price on McCormick & Company, Incorporated from $70.00 to $59.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Sanford C. Bernstein lowered their target price on McCormick & Company, Incorporated from $85.00 to $77.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 24th. TD Cowen lowered their target price on McCormick & Company, Incorporated from $75.00 to $64.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. Zacks Research upgraded McCormick & Company, Incorporated from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. lowered their price objective on McCormick & Company, Incorporated from $64.00 to $63.00 and set an “overweight” rating on the stock in a research report on Friday, June 12th. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $61.90.

McCormick & Company, Incorporated Company Profile

McCormick & Company, Incorporated (NYSE: MKC) is a global leader in spices, seasonings and flavor solutions. Headquartered in Hunt Valley, Maryland, the company traces its origins to the late 19th century and has grown into a major manufacturer and marketer of branded and private‑label flavor products for consumer, industrial and foodservice markets.

McCormick’s product portfolio includes pure spices and herbs, blended seasonings, marinades, rubs, sauces, extracts and specialty flavorings, along with ingredient systems and custom flavor development for manufacturers and foodservice operators.