Cal-Maine Foods Target of Unusually Large Options Trading (NASDAQ:CALM)

Cal-Maine Foods, Inc. (NASDAQ:CALM) was the recipient of some unusual options trading on Tuesday. Investors acquired 4,051 put options on the company. This represents an increase of 271% compared to the average volume of 1,093 put options.

Analysts Set New Price Targets

CALM has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Cal-Maine Foods in a report on Wednesday, July 8th. Stephens reduced their target price on shares of Cal-Maine Foods from $90.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 14th. BMO Capital Markets lowered their target price on shares of Cal-Maine Foods from $85.00 to $80.00 and set a “market perform” rating on the stock in a report on Wednesday, March 25th. Benchmark reiterated a “buy” rating on shares of Cal-Maine Foods in a research report on Monday, July 13th. Finally, Wells Fargo & Company set a $100.00 price target on shares of Cal-Maine Foods in a report on Monday, July 13th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $94.29.

Trending Headlines about Cal-Maine Foods

Here are the key news stories impacting Cal-Maine Foods this week:

• Negative Sentiment: Cal-Maine swung to a fourth-quarter loss of $35.9 million, or $0.76 per share, versus expectations for a profit, signaling a sharp deterioration in earnings power as egg prices collapsed. Cal-Maine Foods Reports Fourth Quarter and Fiscal 2026 Results
• Negative Sentiment: Revenue came in below analyst estimates, reinforcing concerns that lower pricing is compressing margins and hurting near-term profitability. Earnings report and transcript
• Negative Sentiment: Multiple reports noted the stock slipped after the earnings release, as investors reacted to the earnings miss and the steep drop from the prior year’s much stronger results. Cal-Maine Foods Stock Slips on Surprise Q4 Loss
• Negative Sentiment: Unusual put-option activity ahead of the report suggests traders were positioning for downside, adding to the bearish tone around the shares. Quiver Quant bill article
• Neutral Sentiment: The company’s earnings call transcript and presentation may provide more detail on pricing trends, specialty eggs, and prepared-food diversification, but these items are not yet a clear catalyst. Q4 2026 Earnings Call Transcript
• Neutral Sentiment: New proposed legislation around food and farmer relief could indirectly affect the broader protein market, but there is no direct confirmed impact on Cal-Maine yet. Family Grocery and Farmer Relief Act

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Wedge Capital Management L L P NC grew its holdings in Cal-Maine Foods by 20.1% during the 2nd quarter. Wedge Capital Management L L P NC now owns 29,601 shares of the basic materials company’s stock worth $2,385,000 after acquiring an additional 4,956 shares during the last quarter. Eldred Rock Partners LLC raised its stake in shares of Cal-Maine Foods by 6.8% in the second quarter. Eldred Rock Partners LLC now owns 132,449 shares of the basic materials company’s stock worth $10,670,000 after acquiring an additional 8,482 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Cal-Maine Foods by 3.9% in the second quarter. Assenagon Asset Management S.A. now owns 43,102 shares of the basic materials company’s stock worth $3,472,000 after acquiring an additional 1,598 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Cal-Maine Foods by 12.4% in the second quarter. GAMMA Investing LLC now owns 3,249 shares of the basic materials company’s stock worth $262,000 after acquiring an additional 358 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its position in shares of Cal-Maine Foods by 13.5% during the second quarter. CoreCap Advisors LLC now owns 1,153 shares of the basic materials company’s stock worth $93,000 after purchasing an additional 137 shares in the last quarter. 84.67% of the stock is owned by institutional investors.

Cal-Maine Foods Price Performance

CALM stock opened at $87.86 on Thursday. The business has a fifty day moving average price of $80.10 and a 200 day moving average price of $80.36. Cal-Maine Foods has a fifty-two week low of $71.92 and a fifty-two week high of $126.40. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 6.12 and a beta of 0.25.

Cal-Maine Foods (NASDAQ:CALM) last posted its quarterly earnings data on Wednesday, July 22nd. The basic materials company reported ($0.76) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.84). The business had revenue of $552.58 million during the quarter, compared to analyst estimates of $563.83 million. Cal-Maine Foods had a return on equity of 26.05% and a net margin of 20.07%.Cal-Maine Foods’s revenue for the quarter was down 49.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $7.04 EPS.

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.