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Sectors & IndustriesConsumer DefensiveFarm Products
Best Farm Stocks to Buy Now (2023)
Top farm stocks in 2023 ranked by overall Zen Score. See the best farm stocks to buy now, according to analyst forecasts for the farm products industry.

Industry: Farm Products
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividends
OwnershipTechnicals
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
CALM
CAL-MAINE FOODS INC
$2.33B10.83%19.80%$2.1990$5.1593%7
TSN
TYSON FOODS INC
$18.26B3.70%43.60%$0.4800$1.9061%02023-08-312023-06-15
ADM
ARCHER-DANIELS-MIDLAND CO
$39.20B2.36%20.70%$0.4500$1.7042%02023-06-07
CRESY
CRESUD INC
$390.78M7.36%0.00%$0.3319$0.4986%12023-06-06
VITL
VITAL FARMS INC
$600.87MN/A0.00%N/AN/AN/AN/A
BG
BUNGE LTD
$13.90B2.71%23.20%$0.6250$2.5048%02023-08-172023-09-01
LND
BRASILAGR
$470.93M13.52%103.60%$0.6218$0.6296%5
LMNR
LIMONEIRA CO
$291.71M1.83%24.80%$0.0750$0.3033%0
AGRO
ADECOAGRO SA
$974.36M3.55%53.20%$0.1626$0.3259%0
AQB
AQUABOUNTY TECHNOLOGIES INC
$28.18MN/A0.00%N/AN/AN/AN/A
FDP
FRESH DEL MONTE PRODUCE INC
$1.29B2.42%25.80%$0.2000$0.6543%22023-06-09
VFF
VILLAGE FARMS INTERNATIONAL INC
$64.49MN/A0.00%N/AN/AN/AN/A
SANW
S&W SEED CO
$48.12MN/A0.00%N/AN/AN/AN/A
DOLE
DOLE PLC
$1.29B1.17%14.80%$0.0800$0.1619%0
APPH
APPHARVEST INC
$68.56MN/A0.00%N/AN/AN/AN/A
BHIL
BENSON HILL INC
$244.81MN/A0.00%N/AN/AN/AN/A
LOCL
LOCAL BOUNTI CORPORATION
$43.29MN/A0.00%N/AN/AN/AN/A
NCRA
NOCERA INC
$15.99MN/A0.00%N/AN/AN/AN/A
AVO
MISSION PRODUCE INC
$906.80MN/A0.00%N/AN/AN/AN/A
ALCO
ALICO INC
$187.09M4.47%-28.50%$0.0500$1.1070%2
AFRI
FORAFRIC GLOBAL PLC
$619.98MN/A0.00%N/AN/AN/AN/A
EDBL
EDIBLE GARDEN AG INC
$4.19MN/A0.00%N/AN/AN/AN/A
AGRI
AGRIFORCE GROWING SYSTEMS LTD
$6.30MN/A0.00%N/AN/AN/AN/A
1

Farm Stocks FAQ

What are the best farm stocks to buy right now in Jun 2023?

According to Zen Score, the 3 best farming stocks to buy right now are:

1. Cal Maine Foods (NASDAQ:CALM)


Cal Maine Foods (NASDAQ:CALM) is the top farm stock with a Zen Score of 64, which is 30 points higher than the farm industry average of 34. It passed 24 out of 38 due diligence checks and has strong fundamentals. Cal Maine Foods has seen its stock lose -1.33% over the past year, overperforming other farm stocks by 26 percentage points.

2. Tyson Foods (NYSE:TSN)


Tyson Foods (NYSE:TSN) is the second best farm stock with a Zen Score of 52, which is 18 points higher than the farm industry average of 34. It passed 18 out of 38 due diligence checks and has strong fundamentals. Tyson Foods has seen its stock lose -41.67% over the past year, underperforming other farm stocks by -14 percentage points.

Tyson Foods has an average 1 year price target of $54.38, an upside of 5.91% from Tyson Foods's current stock price of $51.34.

Tyson Foods stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering Tyson Foods, 0% have issued a Strong Buy rating, 12.5% have issued a Buy, 62.5% have issued a hold, while 12.5% have issued a Sell rating, and 12.5% have issued a Strong Sell.

3. Archer Daniels Midland Co (NYSE:ADM)


Archer Daniels Midland Co (NYSE:ADM) is the third best farm stock with a Zen Score of 50, which is 16 points higher than the farm industry average of 34. It passed 18 out of 38 due diligence checks and has strong fundamentals. Archer Daniels Midland Co has seen its stock lose -19.39% over the past year, overperforming other farm stocks by 8 percentage points.

Archer Daniels Midland Co has an average 1 year price target of $96.38, an upside of 33.91% from Archer Daniels Midland Co's current stock price of $71.97.

Archer Daniels Midland Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Archer Daniels Midland Co, 37.5% have issued a Strong Buy rating, 25% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the farm stocks with highest dividends?

Out of 9 farm stocks that have issued dividends in the past year, the 3 farm stocks with the highest dividend yields are:

1. Cal Maine Foods (NASDAQ:CALM)


Cal Maine Foods (NASDAQ:CALM) has an annual dividend yield of 10.83%, which is 6 percentage points higher than the farm industry average of 4.9%. Cal Maine Foods's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Cal Maine Foods's dividend has shown consistent growth over the last 10 years.

Cal Maine Foods's dividend payout ratio of 19.8% indicates that its high dividend yield is sustainable for the long-term.

2. Cresud (NASDAQ:CRESY)


Cresud (NASDAQ:CRESY) has an annual dividend yield of 7.36%, which is 2 percentage points higher than the farm industry average of 4.9%. Cresud's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Cresud's dividend has shown consistent growth over the last 10 years.

Cresud's dividend payout ratio of 0% indicates that its high dividend yield might not be sustainable for the long-term.

3. Alico (NASDAQ:ALCO)


Alico (NASDAQ:ALCO) has an annual dividend yield of 4.47%, which is the same as the farm industry average of 4.9%. Alico's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Alico's dividend has not shown consistent growth over the last 10 years.

Alico's dividend payout ratio of -28.5% indicates that its dividend yield might not be sustainable for the long-term.

Why are farm stocks up?

Farm stocks were up 1.84% in the last day, and down -0.74% over the last week.

We couldn't find a catalyst for why farm stocks are up.

What are the most undervalued farm stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued farm stocks right now are:

1. Cresud (NASDAQ:CRESY)


Cresud (NASDAQ:CRESY) is the most undervalued farm stock based on WallStreetZen's Valuation Score. Cresud has a valuation score of 100, which is 66 points higher than the farm industry average of 34. It passed 7 out of 7 valuation due diligence checks.

Cresud's stock has dropped -5.98% in the past year. It has overperformed other stocks in the farm industry by 22 percentage points.

2. Brasilagr (NYSE:LND)


Brasilagr (NYSE:LND) is the second most undervalued farm stock based on WallStreetZen's Valuation Score. Brasilagr has a valuation score of 71, which is 37 points higher than the farm industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Brasilagr's stock has dropped -32.65% in the past year. It has underperformed other stocks in the farm industry by -5 percentage points.

3. Adecoagro Sa (NYSE:AGRO)


Adecoagro Sa (NYSE:AGRO) is the third most undervalued farm stock based on WallStreetZen's Valuation Score. Adecoagro Sa has a valuation score of 57, which is 23 points higher than the farm industry average of 34. It passed 4 out of 7 valuation due diligence checks.

Adecoagro Sa's stock has dropped -17.66% in the past year. It has overperformed other stocks in the farm industry by 10 percentage points.

Are farm stocks a good buy now?

46.67% of farm stocks rated by analysts are a strong buy right now. On average, analysts expect farm stocks to rise by 29.18% over the next year.

What is the average p/e ratio of the farm products industry?

The average P/E ratio of the farm products industry is 9.25x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.