McCormick stock falls 2.59 percent as analysts turn cautious
Published on 09/25/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
McCormick stock stood at USD 47.82 on the NYSE on September 24, 2026, down 2.59 percent from the prior session. The decline leaves the shares USD 24.59 below the 52-week high of USD 72.41, while the market capitalization stood at USD 12,856,481,360.
Analysts cut their targets
McCormick's latest market pressure follows a more cautious analyst tone. According to Investing.com on September 14, 2026, TD Cowen downgraded the stock from Buy to Hold and cut its price target from USD 60 to USD 55.
MarketBeat reported on September 18, 2026, that JPMorgan kept an Overweight rating but reduced its target from USD 63 to USD 62. The split between a rating downgrade and a retained Overweight view points to execution risk rather than a uniform reassessment of the business.
Revenue growth meets guidance
McCormick delivered USD 1.94 billion in second-quarter 2026 sales, up 17 percent year over year, according to StockTitan. Adjusted diluted EPS increased to USD 0.80 from USD 0.69 and exceeded the USD 0.69 consensus estimate, while GAAP diluted EPS was USD 0.56.
The company reaffirmed fiscal 2026 guidance for sales growth of 13 percent to 17 percent, adjusted operating income growth of 16 percent to 20 percent, and adjusted EPS of USD 3.05 to USD 3.13. That combination gives the stock a clear numerical support point, but the price remains 34.0 percent below its 52-week high.
Dividend and earnings date set
McCormick declared a quarterly dividend of USD 0.48 on September 24, 2026, payable October 26, 2026, according to StockTitan. The next scheduled earnings release is October 1, 2026, before the market opens, as reported by ScanX on September 23, 2026.
Stock remains below yearly high
McCormick stock was valued at USD 47.82 on the NYSE on September 24, 2026. Its 52-week range was USD 44.82 to USD 72.41, placing the latest price USD 3.00 above the yearly low and USD 24.59 below the yearly high.
McCormick stock snapshot
- Company: McCormick & Company, Incorporated
- Ticker: MKC
- Trading venue: NYSE
- Price (September 24, 2026): USD 47.82, down 2.59 percent
- Market capitalization: USD 12,856,481,360 (September 24, 2026)
- 52-week range: USD 44.82-72.41
- Sector / Industry: Consumer Defensive / Packaged Foods
- Next earnings date: October 1, 2026
