Cal-Maine Foods (NASDAQ:CALM) Reaches New 52-Week Low After Earnings Miss

Cal-Maine Foods, Inc. (NASDAQ:CALM) shares hit a new 52-week low on Wednesday following a weaker than expected earnings announcement. The stock traded as low as $63.20 and last traded at $64.3960, with a volume of 34025 shares changing hands. The stock had previously closed at $68.55.

The basic materials company reported ($1.26) earnings per share for the quarter, missing the consensus estimate of ($0.77) by ($0.49). The business had revenue of $539.61 million during the quarter, compared to the consensus estimate of $561.57 million. Cal-Maine Foods had a return on equity of 11.79% and a net margin of 10.88%.

Cal-Maine Foods News Roundup

Here are the key news stories impacting Cal-Maine Foods this week:

• Positive Sentiment: Cal-Maine remains the largest U.S. egg producer, and management’s ongoing operational investments—including a newly announced partnership with Speria–MTech Systems to improve financial reporting and operational visibility—could support longer-term efficiency. Speria–MTech Systems partnership article
• Neutral Sentiment: The company’s fiscal first quarter ended August 29, 2026, and results reflect a difficult comparison with the prior-year period, when unusually strong egg pricing helped produce substantial profits. Cal-Maine Foods fiscal 2027 first-quarter results
• Negative Sentiment: Cal-Maine swung to a $58.6 million net loss, or $1.26 per share, compared with a $199.3 million profit a year earlier. The loss was worse than analysts’ expected loss of $0.77 per share. Cal-Maine Foods Q1 loss article
• Negative Sentiment: Revenue fell approximately 42% to $539.6 million, below the $561.6 million consensus estimate. The decline was driven primarily by a roughly 59% drop in egg prices, reflecting weaker market conditions and oversupply. Wall Street Journal Cal-Maine earnings article
• Negative Sentiment: The earnings miss and abrupt deterioration in profitability explain the stock’s decline, with CALM trading well below its 50-day and 200-day moving averages. Investors may remain cautious until egg prices and supply-demand conditions improve. Barron’s Cal-Maine earnings article

Analysts Set New Price Targets

CALM has been the subject of several recent research reports. Benchmark lowered shares of Cal-Maine Foods from a “strong-buy” rating to a “hold” rating in a report on Friday, September 4th. Stephens set a $80.00 target price on shares of Cal-Maine Foods and gave the company an “equal weight” rating in a report on Tuesday, September 22nd. The Goldman Sachs Group reissued a “neutral” rating and issued a $70.00 price target on shares of Cal-Maine Foods in a report on Friday, September 18th. Weiss Ratings lowered shares of Cal-Maine Foods from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 23rd. Finally, BMO Capital Markets restated a “market perform” rating and set a $75.00 target price (down from $83.00) on shares of Cal-Maine Foods in a report on Thursday, September 24th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $88.86.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp acquired a new stake in shares of Cal-Maine Foods during the 2nd quarter worth about $57,894,000. First Trust Advisors LP grew its position in Cal-Maine Foods by 29.7% during the 1st quarter. First Trust Advisors LP now owns 1,552,297 shares of the basic materials company’s stock worth $122,864,000 after purchasing an additional 355,762 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Cal-Maine Foods by 13.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,519,483 shares of the basic materials company’s stock valued at $199,416,000 after acquiring an additional 300,910 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Cal-Maine Foods by 68.8% during the first quarter. Janus Henderson Group PLC now owns 353,751 shares of the basic materials company’s stock worth $27,997,000 after purchasing an additional 144,140 shares during the period. Finally, Hound Partners LLC grew its position in Cal-Maine Foods by 163.6% in the 1st quarter. Hound Partners LLC now owns 203,851 shares of the basic materials company’s stock valued at $16,135,000 after buying an additional 126,510 shares during the last quarter. 84.67% of the stock is currently owned by institutional investors and hedge funds.

Cal-Maine Foods Trading Down 5.9%

The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 9.93 and a beta of 0.23. The firm’s 50 day simple moving average is $79.83 and its 200-day simple moving average is $79.46.

Cal-Maine Foods Company Profile

Cal-Maine Foods, Inc is a leading producer and distributor of shell eggs in the United States. The company manages a vertically integrated business that includes egg production, processing, packaging, marketing and distribution. Its products are sold to retail grocery chains, foodservice customers, food processors and institutional buyers.

Cal-Maine offers conventional shell eggs as well as specialty products, including cage-free, organic, brown, free-range and nutritionally enhanced eggs.