Archer Daniels Midland (NYSE:ADM) Releases Earnings Results

Archer Daniels Midland (NYSE:ADM) announced its quarterly earnings results on Tuesday. The company reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.17, Zacks reports. The company had revenue of $22.34 billion for the quarter, compared to the consensus estimate of $23.27 billion. Archer Daniels Midland had a return on equity of 10.84% and a net margin of 2.95%. Archer Daniels Midland’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.92 EPS.

Here are the key takeaways from Archer Daniels Midland’s conference call:

• ADM raised its 2026 adjusted EPS guidance to $5.50–$5.80 from $5.15–$5.60, following third-quarter adjusted EPS of $1.77 and a 64% year-over-year increase in segment operating profit.
• Strong North American biofuels economics drove major gains in Crushing, Refined Products and Ethanol, supported by favorable RVO policy incentives, elevated energy prices and solid soybean meal demand. Management expects the constructive biofuels environment to continue into the fourth quarter and broadly into 2027.
• Nutrition showed improving momentum, particularly in Flavors and Animal Nutrition, while management expects Nutrition to grow in 2027. ADM also highlighted longer-term growth opportunities in precision fermentation, natural colors and carbon removal using existing assets and capabilities.
• ADM resumed share repurchases, buying back approximately $360 million of stock during the quarter, paid its 379th consecutive quarterly dividend and lowered expected 2026 capital expenditures to $1.2–$1.3 billion from $1.3–$1.5 billion.
• Fourth-quarter results are expected to face seasonal weakness in Flavors and ethanol, ongoing softness in liquid sweeteners, inflationary input costs and the ramp-up of a plant affected by unplanned downtime. A one-time $40–$50 million insurance-reserve benefit will also not recur, and 2027 remains subject to commodity-price, trade-policy and interest-rate volatility.

Archer Daniels Midland Stock Performance

NYSE:ADM traded down $0.13 during trading hours on Thursday, reaching $70.71. The company had a trading volume of 1,524,927 shares, compared to its average volume of 3,721,860. The firm has a market cap of $34.08 billion, a price-to-earnings ratio of 13.78, a PEG ratio of 2.12 and a beta of 0.63. The company has a current ratio of 9.03, a quick ratio of 0.86 and a debt-to-equity ratio of 0.32. The firm’s 50 day moving average price is $81.46 and its 200-day moving average price is $76.50. Archer Daniels Midland has a 52 week low of $55.58 and a 52 week high of $88.75.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Shareholders of record on Wednesday, November 18th will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Wednesday, November 18th. Archer Daniels Midland’s payout ratio is 56.99%.

Key Stories Impacting Archer Daniels Midland

Here are the key news stories impacting Archer Daniels Midland this week:

• Positive Sentiment: ADM reported third-quarter adjusted EPS of $1.77, beating analysts’ $1.60 estimate, and raised its 2026 earnings outlook for the third time. Strong biofuel demand and crushing margins helped drive the results, with management seeing favorable conditions extending into 2027. ADM Q3 Earnings Call Highlights Biofuels Strength and 2027 Outlook
• Positive Sentiment: J.P. Morgan upgraded ADM from underweight to neutral, setting a $75 price target after the post-earnings decline. Separately, a Zacks analysis says the stock’s oversold technical condition and upward earnings-estimate revisions could support a near-term recovery. J.P. Morgan upgrade Zacks technical and estimate analysis
• Positive Sentiment: The company declared a quarterly dividend of $0.52 per share, payable Dec. 9. ADM says this is its 54th consecutive year of dividend growth, offering income support for investors. ADM Declares Cash Dividend
• Neutral Sentiment: A Zacks commentary suggests a possible shift toward cyclical stocks could bring investor attention to ADM, but the political scenario and resulting sector rotation are uncertain. Cyclical stocks commentary
• Negative Sentiment: Revenue of $22.34 billion missed the $23.27 billion consensus, and the report was followed by a notable selloff. Stephens also cut its price target from $85 to $75 and maintained an equal-weight rating, signaling limited expected upside. Stephens rating and price target

Analyst Ratings Changes

A number of analysts recently commented on ADM shares. Zacks Research lowered Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Weiss Ratings lowered shares of Archer Daniels Midland from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 28th. Morgan Stanley upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. BMO Capital Markets raised their price objective on shares of Archer Daniels Midland from $77.00 to $82.00 and gave the stock a “market perform” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen raised shares of Archer Daniels Midland from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 31st. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Archer Daniels Midland has an average rating of “Hold” and an average price target of $80.25.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company. Founded in 1902, ADM connects farmers and producers with markets worldwide by sourcing, transporting, storing and processing crops and other agricultural commodities.

The company processes oilseeds, corn, wheat and other crops into ingredients and products used in food and beverages, animal nutrition, renewable fuels and industrial applications. Its offerings include vegetable oils, protein meals, sweeteners, starches, flour, food ingredients, animal feed ingredients and biofuels, as well as specialty ingredients developed through its nutrition businesses.

ADM operates an integrated network of agricultural facilities, processing plants, transportation assets and commercial offices serving customers across North America, South America, Europe, Asia and other international markets.