Wall Street analysts expect Archer Daniels Midland Company (NYSE:ADM) to post earnings per share of $0.71 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Archer Daniels Midland’s earnings, with the lowest EPS estimate coming in at $0.68 and the highest estimate coming in at $0.75. Archer Daniels Midland posted earnings of $0.75 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 5.3%. The company is scheduled to announce its next earnings report on Tuesday, February 6th.

According to Zacks, analysts expect that Archer Daniels Midland will report full year earnings of $2.34 per share for the current year, with EPS estimates ranging from $2.30 to $2.40. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.75 per share, with EPS estimates ranging from $2.49 to $2.93. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Archer Daniels Midland.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, October 31st. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.10). Archer Daniels Midland had a return on equity of 7.86% and a net margin of 2.01%. The company had revenue of $14.83 billion during the quarter, compared to analyst estimates of $16 billion. During the same period in the prior year, the business posted $0.59 earnings per share. Archer Daniels Midland’s revenue was down 6.3% on a year-over-year basis.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a research report on Tuesday, October 24th. Monness Crespi & Hardt assumed coverage on shares of Archer Daniels Midland in a research report on Tuesday, October 24th. They issued a “sell” rating and a $38.00 target price on the stock. Citigroup cut shares of Archer Daniels Midland from a “buy” rating to a “neutral” rating and raised their target price for the stock from $42.25 to $45.00 in a research report on Thursday, September 28th. Robert W. Baird assumed coverage on shares of Archer Daniels Midland in a research report on Monday, September 11th. They issued an “outperform” rating and a $50.00 target price on the stock. Finally, Piper Jaffray Companies set a $42.00 target price on shares of Archer Daniels Midland and gave the stock a “hold” rating in a research report on Sunday, October 1st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $42.22.

Archer Daniels Midland (NYSE:ADM) traded up $0.10 on Wednesday, hitting $40.19. 1,730,000 shares of the company traded hands, compared to its average volume of 3,330,000. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.61 and a quick ratio of 0.91. Archer Daniels Midland has a twelve month low of $38.59 and a twelve month high of $47.44. The firm has a market capitalization of $22,530.00, a PE ratio of 18.87 and a beta of 1.09.

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 7th. Shareholders of record on Thursday, November 16th were given a dividend of $0.32 per share. The ex-dividend date was Wednesday, November 15th. This represents a $1.28 dividend on an annualized basis and a yield of 3.18%. Archer Daniels Midland’s dividend payout ratio (DPR) is 60.09%.

Hedge funds have recently made changes to their positions in the business. Manchester Capital Management LLC lifted its position in Archer Daniels Midland by 28.3% during the second quarter. Manchester Capital Management LLC now owns 2,718 shares of the company’s stock valued at $112,000 after buying an additional 600 shares in the last quarter. Sun Life Financial INC acquired a new position in Archer Daniels Midland during the third quarter valued at approximately $147,000. Fieldpoint Private Securities LLC acquired a new position in Archer Daniels Midland during the third quarter valued at approximately $188,000. DORCHESTER WEALTH MANAGEMENT Co acquired a new position in Archer Daniels Midland during the third quarter valued at approximately $202,000. Finally, Stratos Wealth Partners LTD. acquired a new position in Archer Daniels Midland during the third quarter valued at approximately $212,000. 76.03% of the stock is currently owned by hedge funds and other institutional investors.

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