McCormick stock gains 1.08 percent before October earnings
Published on 09/23/2026 at 13:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
McCormick stock (ISIN US5797802064) closed at USD 49.42 on the NYSE on September 22, 2026, gaining 1.08 percent from the prior close. The next quantified test is scheduled for October 1, 2026, when McCormick is due to report third-quarter fiscal 2026 results before the market opens.
October report sets the checkpoint
According to ScanX on September 23, 2026, analysts expect third-quarter EPS of USD 0.76, down from USD 0.85 in the year-ago quarter, while revenue is projected at USD 1.98 billion versus USD 1.72 billion previously. That combination implies top-line growth of USD 0.26 billion alongside lower projected per-share earnings, making profitability the central operating question for the release.
The same ScanX report records JP Morgan analyst Thomas Palmer maintaining Overweight on September 18, 2026, while cutting the price target from USD 63 to USD 62. TD Cowen analyst Robert Moskow moved from Buy to Hold on September 14, 2026, and reduced the target from USD 60 to USD 55, adding a more cautious counterpoint to the valuation debate.
Second quarter beat expectations
McCormick's second-quarter fiscal 2026 results, reported on June 25, 2026, included EPS of USD 0.80 against consensus of USD 0.69, a USD 0.11 beat. Revenue reached USD 1.94 billion versus the USD 1.91 billion estimate, and revenue was 16.7 percent above the comparable prior-year quarter, according to MarketBeat on September 23, 2026.
For fiscal 2026, the company guidance cited by MarketBeat remains EPS of USD 3.05 to USD 3.13. Analyst consensus in that September 23, 2026 report is USD 3.08, placing the midpoint of guidance at USD 3.09, or USD 0.01 above the consensus figure.
Stock remains near yearly low
The September 22, 2026 close of USD 49.42 stood within USD 5.12 of the 52-week low of USD 44.30 and USD 22.72 below the 52-week high of USD 72.14. Yahoo Finance data listed market capitalization at USD 13.287 billion and a year-to-date return of negative 27.44 percent on September 23, 2026.
The next earnings call is listed for October 1, 2026, at 8:00 a.m. Eastern Time by MarketBeat. The market setup therefore combines a 1.08 percent one-session gain with a negative 27.44 percent year-to-date return and a forecast EPS decline from USD 0.85 to USD 0.76.
McCormick stock at a glance
- Company: McCormick & Company, Incorporated
- ISIN: US5797802064
- Ticker: MKC
- Trading venue: NYSE
- Price as of September 22, 2026: USD 49.42
- Market capitalization: USD 13.287 billion as of September 23, 2026
- Sector / Industry: Consumer Staples / Packaged Foods
- Next earnings date: October 1, 2026
