Hershey (HSY) Stock Price

Hershey Price

NYSE·CLOSED
184.22USD-0.0000 (-0.00 %)
Market closed

Over the last 19 years Hershey grew revenue by 4.6% annually, reaching 11.69 B USD. Earnings per share have grown at 3.3% per year over the last 19 years. For Hershey, the net margin of 7.6% is down versus 16.5% a few years ago. At today's price the dividend yield works out to roughly 2.97%. The payout ratio is around 126% of earnings. The dividend has grown at 9.2% per year over the past 19 years. The consensus 12-month price target for Hershey is 241.74 USD, about 31.2% above where the stock trades today. Of 29 analysts, 10 rate the stock a buy — an overall Hold consensus. The stock trades about 14% above its 52-week low.

Hershey stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Hershey over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Hershey stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Hershey's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Hershey Stock Price History
DateHershey Price
8/14/2026184.22 USD
8/13/2026186.12 USD
8/12/2026184.23 USD
8/11/2026181.98 USD
8/10/2026182.04 USD
8/7/2026182.35 USD
8/6/2026183.02 USD
8/5/2026178.55 USD
8/4/2026177.77 USD
8/3/2026177.67 USD
7/31/2026175.05 USD
7/30/2026177.23 USD
7/29/2026184.96 USD
7/27/2026178.54 USD
7/23/2026172.14 USD
7/22/2026172.33 USD
7/21/2026170.63 USD
7/20/2026171.70 USD
7/17/2026171.42 USD
7/16/2026174.72 USD
7/15/2026170.27 USD
7/14/2026171.46 USD
7/13/2026177.22 USD
7/10/2026173.66 USD
7/9/2026171.65 USD
7/8/2026175.51 USD
7/7/2026175.95 USD
7/6/2026178.37 USD
7/2/2026182.14 USD
7/1/2026178.67 USD
6/30/2026175.45 USD
6/29/2026180.01 USD
6/26/2026179.11 USD
6/25/2026176.68 USD
6/24/2026183.04 USD
6/23/2026179.27 USD
6/22/2026172.20 USD
6/18/2026172.18 USD
6/17/2026180.69 USD
6/16/2026182.27 USD
6/15/2026179.18 USD
6/12/2026182.34 USD
6/11/2026181.23 USD
6/10/2026176.17 USD
6/9/2026175.84 USD
6/8/2026175.90 USD
6/5/2026185.16 USD
6/4/2026183.02 USD
6/3/2026187.51 USD
6/2/2026184.42 USD
6/1/2026185.34 USD
5/29/2026193.87 USD
5/28/2026197.46 USD
5/27/2026199.08 USD
5/26/2026192.46 USD
5/22/2026191.97 USD
5/21/2026191.90 USD
5/20/2026190.96 USD
5/19/2026192.80 USD
5/18/2026191.73 USD
5/15/2026186.98 USD
5/14/2026190.32 USD
5/13/2026195.67 USD
5/12/2026191.91 USD
5/11/2026189.23 USD
5/8/2026185.94 USD
5/7/2026187.06 USD
5/6/2026186.41 USD
5/5/2026184.91 USD
5/4/2026182.01 USD
5/1/2026182.34 USD
4/30/2026185.74 USD
4/29/2026189.16 USD
4/28/2026187.92 USD
4/27/2026186.49 USD
4/24/2026191.48 USD
4/23/2026192.10 USD
4/22/2026188.65 USD
4/21/2026188.71 USD
4/20/2026191.45 USD
4/17/2026192.63 USD
4/16/2026191.36 USD
4/15/2026191.89 USD
4/14/2026197.68 USD
4/13/2026197.61 USD
4/10/2026202.31 USD
4/9/2026210.84 USD
4/8/2026208.99 USD
4/7/2026206.98 USD
4/6/2026215.02 USD
4/2/2026206.19 USD
4/1/2026202.89 USD
3/31/2026207.89 USD
3/30/2026213.55 USD
3/27/2026213.73 USD
3/26/2026210.43 USD
3/25/2026217.00 USD
3/24/2026215.20 USD
3/23/2026215.17 USD
3/20/2026210.14 USD
3/19/2026210.58 USD
3/18/2026210.58 USD
3/17/2026217.71 USD
3/16/2026220.11 USD
3/13/2026215.52 USD
3/12/2026215.50 USD
3/11/2026217.85 USD
3/10/2026218.52 USD
3/9/2026222.78 USD
3/6/2026222.24 USD
3/5/2026226.58 USD
3/4/2026232.05 USD
3/3/2026234.16 USD
3/2/2026235.69 USD
2/27/2026236.28 USD
2/26/2026231.50 USD
2/25/2026229.64 USD
2/24/2026230.21 USD
2/23/2026226.07 USD
2/20/2026221.77 USD
2/19/2026219.91 USD
2/18/2026222.04 USD
2/17/2026219.40 USD
2/13/2026222.58 USD
2/12/2026226.26 USD
2/11/2026230.85 USD
2/10/2026229.00 USD
2/9/2026230.54 USD
2/6/2026231.53 USD
2/5/2026224.38 USD
2/4/2026205.79 USD
2/3/2026200.02 USD
2/2/2026198.01 USD
1/30/2026194.75 USD
1/29/2026190.54 USD
1/28/2026192.00 USD
1/27/2026191.63 USD
1/26/2026189.97 USD
1/23/2026191.20 USD
1/22/2026190.65 USD
1/21/2026196.07 USD
1/20/2026198.87 USD
1/16/2026197.76 USD
1/15/2026201.07 USD
1/14/2026199.12 USD
1/13/2026195.29 USD
1/12/2026193.13 USD
1/9/2026189.09 USD
1/8/2026184.75 USD
1/7/2026180.07 USD
1/6/2026179.28 USD
1/5/2026179.99 USD
1/2/2026182.41 USD
12/31/2025181.98 USD
12/30/2025182.19 USD
12/29/2025180.77 USD
12/26/2025184.20 USD
12/24/2025184.80 USD
12/23/2025182.62 USD
12/22/2025186.38 USD
12/19/2025189.26 USD
12/18/2025188.16 USD
12/17/2025188.94 USD
12/16/2025188.15 USD
12/15/2025189.01 USD
12/12/2025181.83 USD
12/11/2025181.58 USD
12/10/2025180.06 USD
12/9/2025178.78 USD
12/8/2025180.78 USD
12/5/2025182.30 USD
12/4/2025182.46 USD
12/3/2025180.63 USD
12/2/2025182.77 USD
12/1/2025185.08 USD
11/28/2025188.08 USD
11/26/2025188.20 USD
11/25/2025186.75 USD
11/24/2025185.80 USD
11/21/2025186.00 USD
11/20/2025182.66 USD
11/19/2025182.48 USD
11/18/2025182.72 USD
11/17/2025179.00 USD
11/14/2025179.20 USD
11/13/2025178.14 USD
11/12/2025178.26 USD
11/11/2025172.72 USD
11/10/2025168.91 USD
11/7/2025170.61 USD
11/6/2025167.64 USD
11/5/2025169.88 USD
11/4/2025165.95 USD
11/3/2025162.27 USD
10/31/2025169.63 USD
10/30/2025173.02 USD
10/29/2025175.28 USD
10/28/2025179.57 USD
10/27/2025181.45 USD
10/24/2025179.57 USD
10/23/2025181.58 USD
10/22/2025184.20 USD
10/21/2025186.13 USD
10/20/2025186.21 USD
10/17/2025187.76 USD
10/16/2025186.80 USD
10/15/2025191.60 USD
10/14/2025189.43 USD
10/13/2025189.20 USD
10/10/2025192.12 USD
10/9/2025192.58 USD
10/8/2025195.56 USD
10/7/2025194.39 USD
10/6/2025195.18 USD
10/3/2025194.22 USD
10/2/2025189.02 USD
10/1/2025188.83 USD
9/30/2025187.05 USD
9/29/2025184.11 USD
9/28/2025184.11 USD
9/25/2025188.11 USD
9/24/2025185.26 USD
9/23/2025190.74 USD
9/22/2025192.36 USD
9/19/2025190.20 USD
9/18/2025189.08 USD
9/17/2025191.09 USD
9/16/2025193.45 USD
9/15/2025185.56 USD
9/12/2025185.03 USD
9/11/2025185.55 USD
9/10/2025185.60 USD
9/9/2025187.71 USD
9/8/2025187.53 USD
9/5/2025185.73 USD
9/4/2025185.03 USD
9/3/2025184.69 USD
9/2/2025185.78 USD
8/29/2025183.77 USD
8/28/2025179.92 USD
8/27/2025181.66 USD
8/26/2025183.40 USD
8/25/2025180.68 USD
8/22/2025181.87 USD
8/21/2025179.36 USD
8/20/2025181.59 USD
8/19/2025180.77 USD
8/18/2025178.50 USD
Access this data via the Eulerpool API

Hershey Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
11.16 B USD
2.56 B USD
1.86 B USD
Jan 1, 2024
11.20 B USD
2.90 B USD
2.22 B USD
Jan 1, 2025
11.69 B USD
1.42 B USD
883.26 M USD
Jan 1, 2026 (e)
12.30 B USD
2.40 B USD
1.73 B USD
Jan 1, 2027 (e)
12.61 B USD
2.47 B USD
2.01 B USD
Jan 1, 2028 (e)
12.92 B USD
2.54 B USD
2.18 B USD
Jan 1, 2029 (e)
13.16 B USD
2.58 B USD
2.27 B USD
Jan 1, 2030 (e)
13.76 B USD
2.70 B USD
2.44 B USD

Hershey Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 16, 2026, 7:40 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
7.397.447.527.797.998.158.9710.4211.1711.2011.6912.3012.6112.9213.1613.76
-0.470.731.013.672.502.0410.0916.147.160.334.375.162.542.471.874.56
45.7942.5945.9745.8945.3545.4245.1243.1744.7647.3133.2633.2633.2633.2633.2633.26
3.383.173.463.583.623.704.054.505.005.303.894.094.194.304.384.58
1.041.211.311.621.601.782.042.262.562.901.422.402.472.542.582.70
14.0416.2017.4720.8319.9721.8722.7721.6922.9325.8712.1119.5419.6019.6319.6319.63
0.510.720.781.181.151.281.481.641.862.220.881.732.012.182.272.44
-39.4840.638.6150.51-2.3811.2315.5711.3113.2019.34-60.2495.4716.288.374.147.55
2.242.403.172.762.993.153.413.874.465.485.485.816.497.24
9.807.1432.08-12.938.335.358.2513.4915.2522.876.0211.7011.56
218.54213.93212.60211.06210.49209.38207.45206.29205.36203.49203.27203.27203.27203.27203.27203.27
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Hershey generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Hershey retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Hershey's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Hershey has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Hershey's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Hershey stock margins

The Hershey margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Hershey. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Hershey.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
45.13 %
22.78 %
16.47 %
Jan 1, 2022
43.18 %
21.70 %
15.79 %
Jan 1, 2023
44.76 %
22.94 %
16.68 %
Jan 1, 2024
47.32 %
25.87 %
19.83 %
Jan 1, 2025
33.27 %
12.12 %
7.55 %
Jan 1, 2026 (e)
33.27 %
19.55 %
14.04 %
Jan 1, 2027 (e)
33.27 %
19.60 %
15.92 %
Jan 1, 2028 (e)
33.27 %
19.63 %
16.84 %

Hershey Stock Revenue, EBIT, Earnings per Share

The Hershey earnings per share therefore indicates how much revenue Hershey has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
43.25 USD
9.85 USD
7.12 USD
Jan 1, 2022
50.51 USD
10.96 USD
7.97 USD
Jan 1, 2023
54.37 USD
12.47 USD
9.07 USD
Jan 1, 2024
55.05 USD
14.24 USD
10.92 USD
Jan 1, 2025
57.52 USD
6.97 USD
4.35 USD
Jan 1, 2026 (e)
60.46 USD
11.83 USD
8.49 USD
Jan 1, 2027 (e)
61.99 USD
12.16 USD
9.87 USD
Jan 1, 2028 (e)
63.52 USD
12.48 USD
10.70 USD

Hershey business model & stock analysis

The Hershey Company is an American corporation headquartered in Hershey, Pennsylvania. It is best known for its chocolate products and is one of the largest chocolate manufacturers in the world.

Hershey SWOT Analysis

Strengths

Hershey Co has several strengths that contribute to its success:

Hershey Co is a well-established and recognized brand in the confectionery industry, enjoying high consumer loyalty.

The company offers a diverse range of products, including chocolates, candies, gums, and other confectionery items, catering to different consumer preferences.

Hershey Co has a strong presence in international markets, allowing it to tap into diverse customer bases and increase its revenue streams.

Weaknesses

Despite its strengths, Hershey Co also faces some weaknesses:

A significant portion of Hershey Co's revenue comes from the North American market, making it vulnerable to economic downturns or other regional uncertainties.

Compared to some competitors, Hershey Co's product innovation pipeline may not be as robust, potentially hindering its ability to keep up with changing consumer trends.

The company faces strong competition in the United States, where the market for confectionery products is saturated, limiting potential growth opportunities.

Opportunities

Hershey Co can leverage the following opportunities to enhance its market position:

The rising consumer demand for healthier confectionery options presents an opportunity for Hershey Co to develop and promote products that cater to this trend.

Entering and expanding in emerging markets, such as China and India, can provide Hershey Co with new customer segments and untapped growth potential.

Investing in e-commerce platforms and adopting effective digital marketing strategies can help Hershey Co reach a wider audience and enhance its online presence.

Threats

Hershey Co must also mitigate the following threats to maintain its competitive edge:

Competition in the confectionery industry is fierce, with several established players and new entrants vying for market share, posing a threat to Hershey Co's growth.

Volatility in commodity markets and rising raw material costs can impact Hershey Co's profitability if it cannot effectively manage and pass on these expenses to consumers.

Shifts in consumer preferences towards healthier alternatives or reduced sugar consumption may lead to a decline in demand for Hershey Co's traditional confectionery products.

Hershey Employees

  • 3 Years

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  • Max

Hershey Employees
Details
Date
Hershey Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Hershey Segments

Hershey Revenue by Segment (1/2)

  • 3 Years

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  • Max

Details
Date
Confectionery and confectionery-based portfolio
Snacks portfolio
Jan 1, 2014
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD

Hershey Revenue by Segment (2/2)

  • 3 Years

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  • Max

North America
International and Other
Details
Date
North America
International and Other
Jan 1, 2014
6.35 B USD
1.07 B USD
Jan 1, 2015
6.47 B USD
918.47 M USD
Jan 1, 2016
6.53 B USD
907.19 M USD
Jan 1, 2017
6.62 B USD
894.25 M USD

Hershey Revenue by Region

  • 3 Years

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  • Max

United States
Other Countries
Other Country
Details
Date
United States
Other Countries
Other Country
Jan 1, 2018
6.54 B USD
1.26 B USD
0.00 USD
Jan 1, 2019
6.72 B USD
1.26 B USD
0.00 USD
Jan 1, 2020
7.04 B USD
1.11 B USD
0.00 USD
Jan 1, 2021
7.81 B USD
1.16 B USD
0.00 USD
Jan 1, 2022
9.12 B USD
1.30 B USD
0.00 USD
Jan 1, 2023
9.75 B USD
1.41 B USD
0.00 USD
Jan 1, 2024
9.77 B USD
1.43 B USD
0.00 USD
Jan 1, 2025
10.25 B USD
1.44 B USD
0.00 USD

Hershey Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Hershey historical P/E ratio, EBIT multiple, and P/S ratio

Hershey annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Hershey shares outstanding

The number of shares of Hershey was 203.27 M in 2025. This indicates how many shares Hershey is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
207.45 M Stocks
Jan 1, 2022
206.29 M Stocks
Jan 1, 2023
205.36 M Stocks
Jan 1, 2024
203.49 M Stocks
Jan 1, 2025
203.27 M Stocks
Jan 1, 2026 (e)
203.27 M Stocks
Jan 1, 2027 (e)
203.27 M Stocks
Jan 1, 2028 (e)
203.27 M Stocks

Hershey stock splits

In Hershey's history, there have been no stock splits.

Hershey Dividend History

37 years of dividend payments

YearAnnual DividendYoY ChangePayments
20262.90USDYTD
Feb 17, 20261.45USD 6.0%1/2
May 15, 20261.45USD 0.0%2/2
20255.48USD 0.0%
Feb 14, 20251.37USD 0.0%1/4
May 16, 20251.37USD 0.0%2/4
Aug 15, 20251.37USD 0.0%3/4
Nov 17, 20251.37USD 0.0%4/4
20245.48USD 23.0%
20234.46USD 15.0%
20223.87USD 13.6%
20213.41USD 8.1%
20203.15USD 5.5%
20192.99USD 8.5%
20182.76USD 13.0%
20173.17USD 31.8%

Hershey dividend history and estimates

In 2025, Hershey paid a dividend amounting to 5.48 USD. Dividend means that Hershey distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
3.41 USD
0.00 USD
Jan 1, 2022
3.87 USD
0.00 USD
Jan 1, 2023
4.46 USD
0.00 USD
Jan 1, 2024
5.48 USD
0.00 USD
Jan 1, 2025
5.48 USD
0.00 USD
Jan 1, 2026 (e)
2.90 USD
2.90 USD
Jan 1, 2027 (e)
0.00 USD
6.49 USD
Jan 1, 2028 (e)
0.00 USD
7.24 USD

Hershey dividend payout ratio

In 2025, Hershey had a payout ratio of 126.11%. The payout ratio indicates the percentage of the company's profits that Hershey distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
47.88 %
Jan 1, 2022
48.59 %
Jan 1, 2023
49.15 %
Jan 1, 2024
50.20 %
Jan 1, 2025
126.11 %
Jan 1, 2026 (e)
68.43 %
Jan 1, 2027 (e)
65.71 %
Jan 1, 2028 (e)
67.71 %

Current Hershey forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
18.50 %
Buy
34.48 % (10)
Hold
62.07 % (18)
Sell
3.45 % (1)
12M Price Target
241.74
Last Price
184.22
Currency
USD
12M Return Potential
31.22 %
LTM Return
0 %

Hershey Analyst Rating Actions

DateFirmActionRatingReliability
7/31/2026
Wells Fargo
Wells Fargo
MaintainedEqual Weight56
7/31/2026
UBS
UBS
MaintainedNeutral51
7/31/2026
JP Morgan
JP Morgan
MaintainedNeutral80
7/23/2026
Evercore ISI Group
Evercore ISI Group
MaintainedOutperform62
7/22/2026
Stifel
Stifel
MaintainedHold
7/21/2026
Barclays
Barclays
MaintainedEqual Weight33
7/16/2026
UBS
UBS
MaintainedNeutral51
7/13/2026
JP Morgan
JP Morgan
MaintainedNeutral80
7/9/2026
Piper Sandler
Piper Sandler
MaintainedOverweight51
6/25/2026
B of A Securities
B of A Securities
MaintainedNeutral70

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Hershey Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/30/20261.44USD-2.66 BUSD-2026 Q2
4/30/20262.06USD-3.05 BUSD-2026 Q1
2/5/20261.42USD-3.01 BUSD-2025 Q4
4/25/20243.21USD-3.15 BUSD-2024 Q1
1/31/20241.99USD-2.76 BUSD-2023 Q4
7/26/20232.01USD-2.56 BUSD-2023 Q2
4/26/20232.68USD-2.88 BUSD-2023 Q1
2/1/20231.79USD-2.62 BUSD-2022 Q4
11/4/20222.12USD-2.66 BUSD-2022 Q3
7/28/20221.71USD-2.26 BUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Hershey stock

79/100
87
Environment
94
Social
55
Governance
E

Environment

20
Scope 1 - Direct Emissions178,001
Scope 2 - Indirect emissions from purchased energy224,083
Scope 3 - Indirect emissions within the value chain7,264,041
Total CO₂ emissions402,084
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees48.169
Percentage of women in management
Percentage of Asian employees4.3
Share of Asian management5.7
Percentage of Hispanic/Latino employees9.6
Hispano/Latino Management share6.2
Percentage of Black employees12.4
Black Management Share4.9
Percentage of white employees71.5
White Management Share82.3
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Hershey shareholder structure

% Name
9.34075%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
6.28407%
BLACKROCK, INC.
BLACKROCK, INC.
4.73338%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
4.47757%
Capital International Investors
Capital International Investors
4.04792%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
3.59922%
STATE STREET CORP
STATE STREET CORP
...

Hershey Beneficial Ownership Filings (SEC 13D/G)

Free Float
98.1%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
9.52%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
8.30%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
7.51%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
6.80%
52-0556948
52-0556948
SEC ↗
6.40%
95-1411037
95-1411037
SEC ↗
6.40%
BlackRock for purposes of Schedule 13G filings.
BlackRock for purposes of Schedule 13G filings.
SEC ↗
5.30%
Capital World Investors **
Capital World Investors **
SEC ↗
5.20%
Massachusetts Financial Services Company ("MFS")
Massachusetts Financial Services Company ("MFS")
SEC ↗
5.06%
STATE STREET CORPORATION
STATE STREET CORPORATION
SEC ↗

Hershey Executives and Management Board

17 members · avg. age 53 · 35 % women

SV

Mr. Steven Voskuil (56)

Chief Financial Officer, Senior Vice President

3.92 M USD

Management

DB

Mr. Deepak Bhatia (51)

Senior Vice President, Chief Technology Officer

3.63 M USD
JR

Mr. Jason Reiman (53)

Senior Vice President, Chief Supply Chain Officer

3.01 M USD
KT

Mr. Kirk Tanner (57)

President, Chief Executive Officer

AA

Mr. Andrew Archambault (51)

President - US Confection

RG

Mr. Rohit Grover (52)

President, International

VV

Ms. Veronica Villasenor (45)

President - Salty Snacks

Board of Directors

JP

Mr. Juan Perez (58)

Independent Director

300,000.00 USD
MH

Ms. Mary Haben (68)

Independent Director

291,346.00 USD
HK

Ms. Huong Kraus (53)

Independent Director

280,000.00 USD
KO

Mr. Kevin Ozan (62)

Independent Director

196,154.00 USD
CR

Mr. Cordel Robbin-Coker (38)

Independent Director

179,808.00 USD
CB

Mr. Christopher Brandt (56)

Independent Director

Hershey Supply Chain

Hershey Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
Berkshire Hathaway B
Customer·US
0.54
0.52
0.57
0.90
0.94
0.96
2
Mondelez Intl A
Supplier·Customer·Food Products·US
0.79
0.52
0.05
0.17
0.45
0.86
0.40
3
Nestle
Supplier·Customer·Food Products·CH
0.22
-0.24
0.78
-0.06
0.51
0.80
0.45
4
Hitachi
Supplier·Industrial Conglomerates·JP
0.20
-0.18
0.40
-0.66
-0.38
0.76
-0.66
5
Nestlé S.A.
Supplier
-0.05
0.16
0.32
-0.41
0.22
0.75
#Nameβ 1YTrend
1
AMCON Distributing Company
Customer·Distributors·US
0.40
0.16
0.13
-0.40
0.35
2
JB Foods
Supplier·Food Products·SG
0.31
-0.09
-0.69
-0.91
-0.67
3
Dufry AG
Customer
0.18
0.44
-0.53
-0.71
-0.76
4
Tremor International Ltd
Supplier
0.15
0.52
-0.44
-0.85
-0.36
5
Daibochi Bhd.
Supplier
-0.07
-0.09
-0.89
0.38
0.28

Frequently asked questions about Hershey

The business model of Hershey Co revolves around producing and selling confectionery products. As one of the largest chocolate manufacturers in North America, Hershey Co focuses on creating delicious treats loved by consumers worldwide. The company's business model emphasizes innovation, quality, and customer satisfaction. By leveraging its strong brand presence and extensive distribution network, Hershey Co excels in delivering a wide range of chocolates, candies, snacks, and beverages to meet the diverse preferences of its customers. With an emphasis on producing high-quality and flavorful products, Hershey Co remains committed to delighting chocolate lovers globally.

Hershey Co is primarily active in the food and beverage industry.

The main competitors of Hershey Co in the market are Mars, Mondelez International, and Nestlé.

The Hershey Company, commonly known as Hershey's, is a renowned American chocolate manufacturer founded by Milton S. Hershey in 1894. With its headquarters in Hershey, Pennsylvania, the company has a rich history spanning over a century. Hershey's began its journey by producing caramel candies before venturing into chocolate-making. It gained significant popularity for its milk chocolate bars, Kisses, and other delectable treats. The company's success allowed Milton Hershey to establish the town of Hershey, which includes schools, parks, and cultural institutions. Today, Hershey's enjoys a global presence, delighting chocolate lovers worldwide with its wide range of products and maintaining its position as a leader in the confectionery industry.

Hershey Co, a renowned company in the confectionery industry, has achieved several significant milestones throughout its history. One noteworthy milestone is the company's establishment in 1894, which marked its inception and laid the foundation for its success. In subsequent years, Hershey Co introduced iconic brands like Hershey's Kisses in 1907 and the famous Hershey's Milk Chocolate Bar in 1900. The company further expanded its reach by opening its first international factory in Canada in 1963. Additionally, Hershey Co has consistently pursued philanthropic initiatives, such as the establishment of Milton Hershey School in 1909, providing education and support to underprivileged children. These milestones exemplify Hershey Co's enduring legacy and commitment to innovation, quality, and social responsibility.

Hershey Co is primarily present in the United States.

Hershey Co, a renowned global confectionery company, prides itself on upholding strong values and a distinctive corporate philosophy. With a rich heritage spanning over a century, Hershey Co is committed to delivering quality products and creating a positive impact on society. Their core values revolve around integrity, excellence, and togetherness, fostering a collaborative environment where individuals are encouraged to innovate and grow. Hershey Co believes in conducting business ethically and responsibly, valuing diversity, and investing in communities through various initiatives. By prioritizing consumer satisfaction and maintaining their status as a trusted brand, Hershey Co continues to embody its values and corporate philosophy in every aspect of their operations.

Analysts currently set an average price target of 232.65 USD for the Hershey stock (median: 241.74 USD), implying +26.3 % versus the latest price. The consensus is based on 29 analyst ratings.

29 analysts currently rate the Hershey stock: 10 recommend buying, 18 holding and 1 selling. For 2026, analysts expect Hershey to generate revenue of 12.30 B USD and earnings per share of 8.49 USD.

Converted at the current exchange rate, the Hershey share trades at 159.30 EUR (184.22 USD).

The Hershey share (HSY) is listed on 10 stock exchanges, including: NYSE (HSY), XETRA (HSY.DE), Frankfurt (HSY.F), München (HSY.MU), Düsseldorf (HSY.DU), Hamburg (HSY.HM), London (0J4X.L), London (0J4X.L).

The Hershey Company is a leading manufacturer of chocolate and confectionery products. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania, USA. Hershey is known for its iconic brands such as Hershey's, Reese's, KitKat, and Ice Breakers. The company's business model is based on the production and sale of candy and snacks in various categories, including chocolate, baked goods, candies, and gum products. Hershey's portfolio includes more than 80 brands in over 70 countries and has an annual revenue of over $7.9 billion. One of Hershey's main divisions is the chocolate department, which accounts for the majority of the company's revenue. Hershey produces a variety of chocolate products, including milk chocolate, dark chocolate, and white chocolate, as well as filled chocolates, bars, and chocolate candies. The company places great importance on the quality of its chocolate products and has established its own cocoa sourcing process to ensure sustainable cultivation and improve the living conditions of the communities involved. Another important division of Hershey is the gum products department. This division produces a wide range of gum products, including gummy worms, jelly bananas, and gummy bears, among others, under the Ice Breakers brand. Hershey aims to expand and diversify its gum products in the coming years. Hershey is also active in the pastry and cookie products category. The company has a variety of brands, including cookies from Chips Ahoy!, Nilla Wafers, and Oreo cookies, which are produced under license. Hershey also produces its own brands such as Hershey's Kisses Cookies & Cream and Hershey's Mini Cookies. In addition to the production and sale of candy and snacks, Hershey operates retail stores under the name Hershey's Chocolate World, which can be found in various cities in the US and worldwide. These stores offer a wide range of chocolate products, souvenirs, and experiences for tourists, including an interactive attraction called Hershey's Chocolate Tour. In summary, Hershey's business model is based on the production and sale of confectionery and snack products with over 80 brands in over 70 countries. The company has a strong presence in the chocolate and gum product range, as well as in the pastry and cookie products category. Hershey emphasizes quality and sustainability and operates retail stores under the name Hershey's Chocolate World.

The expected revenue of Hershey is 12.30 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Hershey is 1.73 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Hershey is currently 21.69. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Hershey stock.

The price-to-sales ratio (P/S) of Hershey is currently 3.05. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Hershey stock.

The Eulerpool Quality Score for Hershey is 3/10.

The ISIN of Hershey is US4278661081. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Hershey is 851297. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Hershey is HSY. The ticker symbol is used to trade Hershey shares on the stock exchange.

Over the past 12 months, Hershey paid a dividend of 5.48 USD . This corresponds to a dividend yield of about 2.97 %. For the coming 12 months, Hershey is expected to pay a dividend of 6.49 USD.

The current dividend yield of Hershey is 2.97 %.

Hershey pays a dividend, distributed in the months of , , , .

Hershey paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 6.49 USD are expected. This corresponds to a dividend yield of 3.52 %.

Hershey is assigned to the 'Non-cyclical consumption' sector.

In the year 2025, Hershey distributed 5.48 USD as dividends.

The dividends of Hershey are distributed in USD.

All fundamentals and in-depth analysis of Hershey

Our stock analysis for Hershey stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hershey. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.