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Cal-Maine Foods, Inc. (CALM)

Consumer Defensive | Farm Products | Ridgeland, United States | NasdaqGS
80.21 USD +0.46 (0.577%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 80.21

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 4:26 a.m. EDT

The investment case here is fractured by a severe disconnect between the headline yield and the underlying business reality. While the 5.8% dividend yield looks attractive on paper, the payout ratio of 72% combined with a massive 49.9% drop in revenue growth signals that this income is likely unsustainable and may soon be cut to preserve capital. The company is also grappling with significant operational headwinds, including a major egg scandal settlement and missed sales expectations, which have eroded trust in management's ability to execute. Fundamentally, the stock is a value trap: operating margins are negative, and the business is shrinking rapidly. Although the price has recently stabilized near its 200-day moving average, the lack of institutional support in the options chain—where traders are buying heavy insurance against further declines rather than betting on a recovery—confirms that the market views this as a deteriorating commodity business rather than a turnaround story.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.083434
AutoTheta0.114879
AutoETS0.119487
MSTL0.127977

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 46%
H-stat 25.38
Ljung-Box p 0.000
Jarque-Bera p 0.356
Excess Kurtosis -1.03
Attribute Value
Sector Consumer Defensive
Ex Dividend Date 2026-04-28
Last Dividend Date 2026-04-28
Revenue per Share 61.105
Market Cap 3,746,287,616
Trailing P/E 12.03
Forward P/E 22.37
Beta 0.23
Profit Margins 10.88%
Website https://www.calmainefoods.com

As of Aug. 22, 2026, 4:26 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 60-80) relative to volume, suggesting a 'barbell' strategy where traders are betting on a crash while holding minimal bullish exposure. Conversely, call activity is sparse and concentrated near the money, indicating a lack of conviction in a near-term rally despite the stock trading near its 200-day average.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.47% 2.93% 4.84% 5.25%
Dividend History
Date Dividend Yield %
2026-04-29 0.35500 0.472892
2026-01-28 0.71900 0.883292
2025-10-29 1.37100 1.573691
2025-08-04 2.35400 2.271981
2025-04-30 3.45600 3.701403
2025-01-29 1.48900 1.324969
2024-10-30 1.01900 1.144944
2024-08-05 0.77000 1.119837
2024-04-30 0.99700 1.801916
2024-01-30 0.11600 0.208671
2023-10-31 0.00600 0.013242
2023-08-04 0.75500 1.666667
2023-04-25 2.19900 4.420101
2023-01-24 1.35100 2.514424
2022-10-25 0.85300 1.437964
2022-07-29 0.74900 1.465467
2022-04-26 0.12500 0.233732
2021-04-27 0.03400 0.090329
2019-04-30 0.27200 0.661639
2019-01-29 0.14900 0.354846
2018-10-30 0.08500 0.173824
2018-08-03 0.35100 0.786996
2016-04-25 0.44100 0.885187
2016-01-25 0.75100 1.556477
2015-10-26 0.98300 1.759127
2015-07-30 0.31700 0.581118
2015-04-27 0.35000 0.854701
2015-01-26 0.25200 0.680529
2014-10-27 0.19050 0.456725
2014-08-06 0.21700 0.587280
2014-04-28 0.29550 0.979288
2014-01-27 0.18050 0.707843
2013-10-28 0.03400 0.129821
2013-04-29 0.21150 0.998348
2013-01-28 0.09950 0.475621
2012-10-31 0.06500 0.301484
2012-08-08 0.26000 1.352054
2012-04-23 0.18200 1.052936
2012-01-23 0.16250 0.876720
2011-10-24 0.02200 0.132013
2011-08-03 0.05100 0.318451
2011-04-25 0.23500 1.625173
2011-01-24 0.10600 0.741518
2010-10-25 0.03350 0.233449
2010-08-04 0.14700 0.942912
2010-04-26 0.24000 1.381295
2010-01-25 0.08600 0.507375
2009-07-29 0.07200 0.501567
2009-04-27 0.21500 1.587302
2009-01-26 0.19100 1.430712
2008-10-27 0.07850 0.646889
2008-07-29 0.25800 1.374900
2008-04-28 0.40350 2.613342
2007-11-19 0.00650 0.055108
2007-08-21 0.00650 0.074885
2007-05-07 0.00650 0.099846
2007-02-20 0.00650 0.091421
2006-11-20 0.00650 0.163522
2006-08-22 0.00650 0.187320
2006-05-23 0.00650 0.188679
2006-02-14 0.00650 0.203125
2005-11-15 0.00650 0.211382
2005-08-16 0.00650 0.219595
2005-05-17 0.00650 0.207006
2005-02-15 0.00650 0.126829
2004-11-16 0.00650 0.105519
2004-08-17 0.00650 0.117647
2004-05-18 0.00650 0.117647
2004-02-27 0.00325 0.034685
2003-11-18 0.00325 0.068710
2003-08-19 0.00325 0.180305
2003-05-20 0.00325 0.238095
2003-02-18 0.00325 0.347594
2002-11-19 0.00325 0.407524
2002-08-20 0.00325 0.337662
2002-05-21 0.00325 0.393939
2002-02-19 0.00325 0.420712
2001-11-19 0.00325 0.343008
2001-08-21 0.00325 0.309524
2001-05-22 0.00325 0.255906
2001-02-20 0.00325 0.277333
2000-11-20 0.00325 0.310448
2000-08-22 0.00325 0.378182
2000-05-23 0.00325 0.371429
2000-02-15 0.00325 0.315152
1999-11-16 0.00250 0.250000
1999-08-17 0.00250 0.216216
1999-05-18 0.00250 0.188235
1999-02-16 0.00250 0.202532
1998-11-18 0.00250 0.190476
1998-08-07 0.00250 0.186047
1998-05-08 0.00250 0.156863
Additional Data
dividendRate 4.8
dividendYield 6.02
exDividendDate 2026-04-29
trailingAnnualDividendRate 2.458
trailingAnnualDividendYield 0.030821316
lastDividendValue 0.355
lastDividendDate 2026-04-29
dividendDate 2026-05-14

Info Dump

Attribute Value
52 Week Change -0.3085941
Address1 1,052 Highland Colony Parkway
Address2 Suite 200
All Time High 126.4
All Time Low 0.62
Ask 102.78
Ask Size 2
Audit Risk 6
Average Daily Volume10 Day 983,400
Average Daily Volume3 Month 889,776
Average Volume 889,776
Average Volume10Days 983,400
Beta 0.225
Bid 58.3
Bid Size 2
Board Risk 10
Book Value 56.038
City Ridgeland
Compensation As Of Epoch Date 1,798,675,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 80.21
Current Ratio 7.695
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 81.81
Day Low 79.475
Display Name Cal-Maine Foods
Dividend Date 1,778,716,800
Dividend Rate 4.8
Dividend Yield 6.02
Earnings Call Timestamp End 1,784,725,200
Earnings Call Timestamp Start 1,784,725,200
Earnings Timestamp 1,784,723,400
Earnings Timestamp End 1,790,771,400
Earnings Timestamp Start 1,790,771,400
Ebitda 467,694,016
Ebitda Margins 0.16063
Enterprise To Ebitda 6.087
Enterprise To Revenue 0.978
Enterprise Value 2,846,961,920
Eps Current Year 1.435
Eps Forward 3.585
Eps Trailing Twelve Months 6.67
Esg Populated 0
Ex Dividend Date 1,777,420,800
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 601 969 0905
Fifty Day Average 84.0478
Fifty Day Average Change -3.837799
Fifty Day Average Change Percent -0.0456621
Fifty Two Week Change Percent -30.859411
Fifty Two Week High 116.58
Fifty Two Week High Change -36.370003
Fifty Two Week High Change Percent -0.3119746
Fifty Two Week Low 71.92
Fifty Two Week Low Change 8.290001
Fifty Two Week Low Change Percent 0.11526698
Fifty Two Week Range 71.92 - 116.58
Financial Currency USD
First Trade Date Milliseconds 850,401,000,000
Five Year Avg Dividend Yield 4.91
Float Shares 42,034,889
Forward Eps 3.585
Forward P E 22.37378
Free Cashflow 8,796,500
Full Exchange Name NasdaqGS
Full Time Employees 4,762
Fullday Change 0.459999
Fullday Change Percent 0.576801
Fullday Price 80.21
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.23082
Gross Profits 672,049,024
Has Pre Post Market Data 1
Held Percent Insiders 0.099259995
Held Percent Institutions 0.98066
Implied Shares Outstanding 46,705,993
Industry Farm Products
Industry Disp Farm Products
Industry Key farm-products
Ir Website http://www.calmainefoods.com/investor_relations/index.html
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,777,420,800
Last Dividend Value 0.355
Last Fiscal Year End 1,780,099,200
Last Split Date 1,414,972,800
Last Split Factor 2:1
Long Business Summary Cal-Maine Foods, Inc., together with its subsidiaries, engages in the production, grading, packaging, marketing, and distribution of shell eggs, egg products, and prepared foods in the United Sates. It operates through Conventional Shell Eggs, Specialty Shell Eggs, and Prepared Foods segments. The company offers specialty shell eggs, including cage-free, organic, brown, free-range, and pasture-raised and nutritionally enhanced eggs, as well as conventional and co-pack shell eggs. It also provides prepared food products, such as pre-cooked egg patties, omelets, folded and scrambled egg formats, hard-cooked eggs, pancakes, waffles, and specialty wraps. The company offers its products under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, 4Grain, Van's, MeadowCreek Foods, and Crepini 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. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.
Long Name Cal-Maine Foods, Inc.
Market us_market
Market Cap 3,746,287,616
Market State CLOSED
Max Age 86,400
Message Board Id finmb_358944
Most Recent Quarter 1,780,099,200
Net Income To Common 316,681,984
Next Fiscal Year End 1,811,635,200
Non Diluted Market Cap 3,725,737,061
Number Of Analyst Opinions 4
Open 80.03
Operating Cashflow 479,752,992
Operating Margins -0.11043
Overall Risk 8
Payout Ratio 0.72400004
Peg Ratio 2.2
Phone 601 948 6813
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 80.21
Post Market Time 1,787,959,804
Previous Close 79.75
Price Eps Current Year 55.895473
Price Hint 2
Price To Book 1.4313502
Price To Sales Trailing12 Months 1.2866626
Profit Margins 0.10876001
Quick Ratio 5.783
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.459999
Regular Market Change Percent 0.576801
Regular Market Day High 81.81
Regular Market Day Low 79.475
Regular Market Day Range 79.475 - 81.81
Regular Market Open 80.03
Regular Market Previous Close 79.75
Regular Market Price 80.21
Regular Market Time 1,787,947,201
Regular Market Volume 705,716
Return On Assets 0.06931
Return On Equity 0.122200005
Revenue Growth -0.499
Revenue Per Share 61.105
Sand P52 Week Change 0.20204377
Sector Consumer Defensive
Sector Disp Consumer Defensive
Sector Key consumer-defensive
Share Holder Rights Risk 8
Shares Outstanding 46,705,993
Shares Percent Shares Out 0.1075
Shares Short 5,020,240
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 5,949,877
Short Name Cal-Maine Foods, Inc.
Short Percent Of Float 0.13
Short Ratio 5.35
Source Interval 15
State MS
Symbol CALM
Target High Price 100.0
Target Low Price 79.0
Target Mean Price 88.0
Target Median Price 86.5
Total Cash 924,057,024
Total Cash Per Share 19.696
Total Debt 0
Total Revenue 2,911,631,872
Tradeable 0
Trailing Annual Dividend Rate 2.458
Trailing Annual Dividend Yield 0.030821316
Trailing Eps 6.67
Trailing P E 12.025487
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 81.7955
Two Hundred Day Average Change -1.5855026
Two Hundred Day Average Change Percent -0.019383738
Type Disp Equity
Volume 705,716
Website https://www.calmainefoods.com
Zip 39,157