Hormel Foods Corp vs Kinross Gold Corporation — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while Kinross Gold Corporation trades at $23.41 (market cap $26.63B). The key difference: Kinross Gold Corporation is the larger of the two by market cap, and Hormel Foods Corp pays the higher dividend (4.63%). Which is the better fit depends on your goals.
| HRL | KGC | |
|---|---|---|
Market Cap | $13.91B | $26.63B |
Sector | Consumer Staples | Basic Materials |
52-Week High | $29.52 | $38.06 |
52-Week Low | $19.74 | $15.42 |
Enterprise Value | $15.91B | $25.18B |
Dividend Yield | 4.63% | 0.64% |
Trailing returns across standard periods
Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.
Read more on KGC →