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CALMCal-Maine Foods, Inc.
$73.13$3.4B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
CALM logo

Cal-Maine Foods, Inc.

CALM
NASDAQ · Farm Products
$73.13
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$3.43B
P/E11.0x
52W High$101.86
Volume1.44M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q4

Cyclical Egg Price Collapse Tests Fortress Balance Sheet

Cal-Maine Foods is navigating a sharp cyclical downturn as HPAI-driven egg prices normalize, with revenue down 53.0% YoY in 2026Q3 and gross margins compressing from 50.5% to 6.2% over four quarters. The company's debt-free balance sheet (zero debt, current ra...

GrowthDecelerating
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

CALM price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-53% Peers

P/E is 53% below peer median

03

Market leadership

RS 30 · Lag

Laggard (Underperforming 70% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 22

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CALM-5.43%
S&P 500 (^GSPC)+13.20%
1-Year Return
CALM-24.01%
S&P 500 (^GSPC)+15.98%
3-Year Return
CALM+77.82%
S&P 500 (^GSPC)+82.27%
5-Year Return
CALM+149.64%
S&P 500 (^GSPC)+77.97%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
11.0x
Forward P/EExpansion
9.9x
EV/EBITDA60th %ile
7.1x
FCF YieldCash Flow
9.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
11.0x
10.8x
60th· Fair
EV/EBITDA
7.1x
7.1x
60th· Fair
Price/FCF
10.3x
9.9x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$93.31+27.6%
Base (Fair)$141.20+93.7%
Bull$210.02+187.2%
$93.31 Bear$141.20 Base$210.02 Bull
Current Market Price: $73.13
Trades at a 48.2% discount to Base DCF ($141.20)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.91B-31.7% YoY
Net income
$317M-74.0% YoY
Free cash flow
$332M-68.9% YoY
Operating margin
11.8%-24.3 pts YoY
ROIC (TTM)11.2%
Avg ROIC 5Y-
ROE (TTM)12.2%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 22, 2026
-$0.76-1021.2%
vs $0.08
$553M-2.0%
vs $564M
Q2 2026
Apr 1, 2026
$1.06+52.3%
vs $0.70
$667M+3.8%
vs $642M
Q1 2026
Jan 7, 2026
$2.13+9.2%
vs $1.95
$769M-3.4%
vs $797M
Q4 2025
Oct 1, 2025
$4.12-17.8%
vs $5.01
$923M-3.9%
vs $960M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·Sep 13, 2026
McCormick & Company, Incorporated (NYSE:MKC) and Cal-Maine Foods (NASDAQ:CALM) Critical Survey

McCormick and Company, Incorporated (NYSE: MKC - Get Free Report) and Cal-Maine Foods (NASDAQ: CALM - Get Free Report) are both consumer staples companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, risk, valuation and earnings. Analyst Ratings This is a

GlobeNewsWire·Sep 9, 2026
Cal-Maine Foods Schedules First Quarter Fiscal 2027 Earnings Release, Conference Call and Webcast

RIDGELAND, Miss., Sept. 09, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (Nasdaq: CALM) (“Cal-Maine Foods,” “we,” “us,” “our” or the “company”), the largest egg company in the United States and a leading player in the egg-based food industry, today announced it will report results for its fiscal 2027 first quarter at approximately 6:00 a.m.

Defense World·Sep 8, 2026
Head to Head Contrast: Cal-Maine Foods (NASDAQ:CALM) & Archer Daniels Midland (NYSE:ADM)

Archer Daniels Midland (NYSE: ADM - Get Free Report) and Cal-Maine Foods (NASDAQ: CALM - Get Free Report) are both consumer staples companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, analyst recommendations, dividends and earnings. Valuation and Earnings This table compares

Benzinga·Sep 4, 2026
This Cal-Maine Foods Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Filtered for Cal-Maine Foods, Inc.More Headlines
04

Compare before deciding

Benchmark CALM against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Cal-Maine Foods, Inc. (CALM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CALM logoCALMCal-Maine Foods, Inc.Current
$73.13$3.43B11.03-31.68%10.88%12.16%6.63%
VITL logoVITLVital Farms, Inc.
$11.25$482.05M7.8125.26%0.02%0.05%—
LMNR logoLMNRLimoneira Company
$12.69$230.1M-13.65-16.59%-33.03%-24.43%—
TSN logoTSNTyson Foods, Inc.
$51.82$18.37B38.102.12%1.03%3.15%—
HRL logoHRLHormel Foods Corporation
$20.34$11.19B23.381.55%2.82%4.33%—
PPC logoPPCPilgrim's Pride Corporation
$28.98$6.89B6.383.46%2.96%14.8%—

Compare CALM vs Peers

Cal-Maine Foods, Inc. (CALM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VITL

Most directly comparable listed peer for CALM.

Scale Benchmark

vs WMT

Larger-name benchmark to compare CALM against a more recognizable public peer.

Peer Set

Compare Top 5

vs VITL, LMNR, TSN, HRL

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CALM SEC Filings & Documents

Cal-Maine Foods, Inc. (CALM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 22, 2026·SEC

Material company update

Jun 30, 2026·SEC

Material company update

Jun 23, 2026·SEC

10-K Annual Reports

3
FY 2026

Jul 22, 2026·SEC

FY 2024

Jul 23, 2024·SEC

FY 2023

Jul 25, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 1, 2026·SEC

FY 2026

Jan 7, 2026·SEC

FY 2025

Oct 1, 2025·SEC

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CALM Frequently Asked Questions

Cal-Maine Foods, Inc. (CALM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Cal-Maine Foods, Inc.'s revenue?

Cal-Maine Foods, Inc. (CALM) reported $2.91B in revenue for fiscal year 2026. This represents a 895% increase from $292.5M in 1997.

How fast is Cal-Maine Foods, Inc. growing?

Cal-Maine Foods, Inc. (CALM) saw revenue decline by 31.7% over the past year.

Is CALM profitable?

Yes, Cal-Maine Foods, Inc. (CALM) is profitable, generating $316.7M in net income for fiscal year 2026 (10.9% net margin).

Dividend & Returns
Does CALM pay dividends?

Yes, Cal-Maine Foods, Inc. (CALM) pays a dividend with a yield of 6.63%. This makes it attractive for income-focused investors.

What is CALM's return on equity?

Cal-Maine Foods, Inc. (CALM) has a return on equity (ROE) of 12.2%. This is reasonable for most industries.

What is Cal-Maine Foods, Inc.'s free cash flow?

Cal-Maine Foods, Inc. (CALM) generated $331.8M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in CALM back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →