Type
|
Public |
---|---|
Traded as | NASDAQ: ANDE S&P 600 Component |
Industry | Conglomerate |
Founded | 1947 (1947) |
Founder | Mr. Anderson |
Headquarters | Maumee, Ohio, United States |
Area served
|
U.S. |
Key people
|
Michael J. Anderson (Chairman) Patrick E. Bowe (CEO) Harold M. Reed (COO) |
Products | Grains, commodities trading, ethanol, fertilizers, crop insurance, finance |
Revenue | US$ 5.27 billion (FY 2012) |
Operating income
|
US$ 111.08 million (FY 2012) |
Net income
|
US$ 79.48 million (FY 2012) |
Total assets | US$ 2.18 million (FY 2012) |
Total equity | US$ 594.41 million (FY 2012) |
Number of employees
|
1,833 |
Divisions | Andersons Ethanol Group Andersons Grain Group Andersons Nutrients Group Andersons Rail Group Andersons Turf & Specialty Group |
Website | www |
Footnotes / references |
The Andersons, Inc. is an agribusiness established in 1947 that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry. It now, in various phases, provides merchandising, production and distribution of products and services to the agribusiness community. It is organized into four business groups: grain, ethanol, plant nutrient and rail, previously also having both a retail and a turf & specialty group. Its grain business provides grain storage and management facilities with a particular focus on the Eastern Corn Belt of Ohio, Indiana, Michigan, Nebraska and Illinois through grain terminals located in those states, crop insurance, commodity risk management and grain delivery services through its rail business. It is headquartered in Maumee, Ohio.
It had revenues of $4,576,331,000 for the 2011 fiscal year ending December 31, 2011.
On Aug 19, 2003, The Andersons announced to restate income for 2002 and the first quarter of 2003, after they determined that the earnings reported under a five-year grain marketing agreement did not follow a new accounting pronouncement. In total, the company's income remained unchanged.
On Nov 18, 2005, The Andersons restated the Statement of Cash Flows for the nine-month period ended September 30, 2005, due to an error in the procedures of preparation. On January 15, 2017, The Andersons announced that they will cease their retail operations, closing stores in Maumee, Toledo and Columbus, Ohio, during the second quarter of 2017, and focus on their grain, rail car, ethanol, and plant nutrients units.
The Andersons, Inc. was founded in 1940 as The Andersons Truck Terminal (ATT) by Harold & Margaret Anderson. ATT was focused on grain transportation and storage, using grain elevators and a rail transfer station.
In the 1950s, the company expanded its grain terminals. It also opened its first retail store known as The Andersons Warehouse Market. Andersons began fertilizer blending and then corn milling as well.
In the 1960s, The Andersons opened the first deep-water grain loading facility on the US side of the Great Lakes. They were the first elevator in the US to load 100 car trains in Champaign, Illinois. They also opened the largest steel tank grain storage in Maumee, Ohio. Also in the 1960s, the company entered the Lawn Products business.
As the grain business grew in the 1970s, so did The Andersons. They expanded their river elevator, and continued to ship via rail adding the Gulf ports as a destination. They also built a grain elevator and corn mill in Delphi, Indiana. The original retail store in Maumee, Ohio was replaced by a new, larger store located across the street from the original.
In the 1980s, continuing the growth of the 70s, The Andersons opened a liquid fertilizer facility on the Maumee River, retail stores in Toledo and Columbus, more grain elevators in Indiana and Michigan, and fertilizer facilities in Delphi, Poneto, and Dunkirk, Indiana, as well as Webberville, Michigan. The company also formed The Andersons Management Corporation.
In the 1990s, the company entered the rail leasing business, and built a railcar repair shop in Maumee. The company opened a retail store in Lima, Ohio. The company acquired grain and liquid storage facilities in Clymers, Logansport, Seymour, North Manchester, and Waterloo, Indiana. On February 20, 1996 The Andersons was first listed on NASDAQ, and around that same time the company reached sales of US$1 billion.
In the 2000s, the company entered the ethanol business, and oversaw the construction of three ethanol plants. The company also expanded its rail division, by adding to its fleet and adding railcar repair shops in South Carolina and Georgia, as well as Mississippi. The company also earned ISO certifications for all of its liquid plant nutrient facilities, expanded its turf products division, and issued a 2-for-1 stock split and follow-on offering. The Andersons also opened a Specialty Food Market in Sylvania, Ohio in 2007. This store closed in 2016.
On June 3, 2017 The Andersons closed its retail doors for the last time citing a $20 Million dollar loss over 8 years. The retail stores employed nearly 1,050 of The Anderson's workforce.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-31 | Future report Set alerts | |
Q2 2022 | 2022-08-02 | 2.39 | 2.39 |
Q1 2022 | 2022-05-03 | 0.18 | 0.18 |
Q4 2021 | 2022-02-15 | 1.14 | 1.14 |
Q3 2021 | 2021-11-02 | 0.15 | 0.15 |
Q2 2021 | 2021-08-03 | 1.31 | 1.31 |
Q1 2021 | 2021-05-04 | 0.46 | 0.46 |
Q4 2020 | 2021-02-16 | 0.59 | 0.59 |
Q3 2020 | 2020-11-03 | -0.07 | -0.07 |
Q2 2020 | 2020-08-04 | 0.88 | 0.88 |
2016-06-06 | Reiterated Rating | Macquarie | Buy | $36.00 to $42.00 |
2016-05-18 | Upgrade | Stephens | Equal Weight to Overweight | |
2016-05-09 | Downgrade | Feltl & Co. | Buy to Hold | |
2015-11-06 | Lower Price Target | BMO Capital Markets | Market Perform | $43.00 to $36.00 |
2015-10-19 | Initiated Coverage | Buckingham Research | Neutral | $39.00 |
2015-07-21 | Lower Price Target | Scotiabank | $46.00 to $43.00 | |
2015-07-07 | Initiated Coverage | Vertical Research | Buy | $47.00 |
2015-01-08 | Downgrade | BMO Capital Markets | Outperform to Market Perform | $62.00 to $56.00 |
2014-11-07 | Downgrade | Stephens | Overweight to Equal Weight | |
2014-10-06 | Upgrade | Janney Montgomery Scott | Neutral to Buy | $68.00 |
2014-09-04 | Initiated Coverage | Janney Montgomery Scott | Neutral | |
2014-08-08 | Boost Price Target | BMO Capital Markets | $56.00 to $65.00 | |
2014-08-08 | Upgrade | Feltl & Co. | Hold to Buy | |
2014-07-18 | Upgrade | BB&T Capital Mkts | Hold to Buy | |
2014-07-18 | Upgrade | BB&T Corp. | Hold to Buy | |
2014-06-04 | Upgrade | Macquarie | Neutral to Outperform | $58.00 |
2014-05-28 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $55.00 to $56.00 |
2014-05-09 | Downgrade | Feltl & Co. | Buy to Hold | $51.00 |
2014-02-06 | Upgrade | Stephens | Equal Weight to Overweight | |
2014-01-09 | Initiated Coverage | Stifel Nicolaus | Hold | |
2013-12-30 | Downgrade | Ned Davis Research | Buy to Neutral | |
2013-12-17 | Initiated Coverage | Macquarie | Neutral | |
2013-12-16 | Upgrade | Ned Davis Research | Neutral to Buy | |
2013-11-08 | Boost Price Target | Feltl & Co. | Buy | $68.00 to $85.00 |
2013-11-08 | Boost Price Target | BMO Capital Markets | Market Perform | $70.00 to $78.00 |
2013-10-07 | Initiated Coverage | Ned Davis Research | Neutral | |
2013-09-27 | Boost Price Target | Scotiabank | Sector Perform to Sector Underperform | $61.00 to $64.00 |
2013-09-06 | Downgrade | BB&T Capital Mkts | Buy to Hold | |
2013-08-08 | Reiterated | Feltl & Co. | Buy | $57 to $68 |
2012-12-11 | Upgrade | BB&T Capital Mkts | Hold to Buy | |
2012-10-31 | Reiterated | Feltl & Co. | Hold | $42.50 to $47.60 |
2012-08-06 | Reiterated | Feltl & Co. | Buy | $52.82 to $42.50 |
2012-05-08 | Downgrade | Feltl & Co. | Strong Buy to Buy | $52.82 |
2012-01-04 | Downgrade | BB&T Capital Mkts | Buy to Hold | |
2011-06-24 | Initiated | Boenning & Scattergood | Outperform | $50 |
2011-05-06 | Upgrade | Feltl & Co. | Buy to Strong Buy | |
2011-04-11 | Reiterated | Feltl & Co. | Buy | $54.50 to $59.60 |
2011-02-10 | Reiterated | Morgan Joseph | Buy | $48 to $51 |
2010-12-02 | Upgrade | BB&T Capital Mkts | Hold to Buy | |
2010-10-19 | Downgrade | BB&T Capital Mkts | Buy to Hold | |
2010-08-30 | Initiated | Morgan Joseph | Buy | $48 |
2010-06-21 | Upgrade | BB&T Capital Mkts | Hold to Buy | |
2010-05-04 | Reiterated | Feltl & Co. | Buy | $43 to $46 |
2010-04-16 | Initiated | Jesup & Lamont | Buy | $42 |
2010-02-18 | Downgrade | Piper Jaffray | Overweight to Neutral | $33 |
2016-06-06 | Reiterated Rating | Macquarie | Buy | $36.00 to $42.00 |
2016-05-18 | Upgrade | Stephens | Equal Weight to Overweight | |
2016-05-09 | Downgrade | Feltl & Co. | Buy to Hold | |
2015-11-06 | Lower Price Target | BMO Capital Markets | Market Perform | $43.00 to $36.00 |
2015-10-19 | Initiated Coverage | Buckingham Research | Neutral | $39.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ANDE 155 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 5.82M |
Vanguard Group, Inc | 3.87M |
DIMENSIONAL FUND ADVISORS LP | 2.56M |
BlackRock Fund Advisors | 2.13M |
STATE STREET CORP | 1.24M |
Invesco Ltd. | 1.18M |
AMERIPRISE FINANCIAL INC | 0.87M |
PRIVATE MANAGEMENT GROUP INC | 0.80M |
RUSSELL FRANK CO/ | 0.79M |
BlackRock Institutional Trust Company, N.A. | 0.71M |
NORTHERN TRUST CORP | 0.66M |
Mariner Wealth Advisors, LLC | 0.64M |
GEODE CAPITAL MANAGEMENT, LLC | 0.60M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 0.55M |
JPMORGAN CHASE & CO | 0.54M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
ANDERSON MICHAEL J Chairman, President and CEO | 1484467.86% (415651) | ANDE / FE / |
McKinstray Neill C President, Ethanol Group | 188489.29% (52777) | ANDE / |
REED HAROLD M Chief Operating Officer | 168100.00% (47068) | ANDE / |
Wolf William J President, Plant Nutrients Grp | 131200.00% (36736) | ANDE / |
MENNEL DONALD L | 120375.00% (33705) | ANDE / |
KILBANE CATHERINE M | 95360.71% (26701) | ANDE / SHW / |
Burchinow Naran Uchur VP General Counsel & Secretary | 90582.14% (25363) | ANDE / |
SHAH RASESH H President, Rail Group | 88310.71% (24727) | ANDE / |
Waggoner Thomas Lowell President, Turf & Specialty | 82739.29% (23167) | ANDE / |
WOODS JACQUELINE F | 65246.43% (18269) | ANDE / TKR / |
Granato John J CFO | 63860.71% (17881) | ANDE / |
Stout John T Jr | 62442.86% (17484) | ANDE / |
ANDERSON GERARD M | 61489.29% (17217) | ANDE / DTE / |
MANIRE ROSS W | 54425.00% (15239) | ANDE / ZBRA / |
Bowe Patrick E. President & CEO | 53242.86% (14908) | ANDE / |
DePompei Arthur D. VP Human Resources | 51328.57% (14372) | ANDE / |
NICHOLS DAVID L | 43546.43% (12193) | ANDE / DFZ / |
Mullin Patrick S. | 36267.86% (10155) | ANDE / OMG / |
KING ROBERT J JR | 33260.71% (9313) | ANDE / SHLO / |
Conrad Nicholas C VP Finance & Treasurer | 18710.71% (5239) | ANDE / |
ADDIS DENNIS J President, Grain Group | 17525.00% (4907) | ANDE / |
Burmeister James Charles VP Finance | 15764.29% (4414) | ANDE / LBY / |
ANDERSON DANIEL T President, Retail | 6478.57% (1814) | ANDE / |
McNeely Joseph E President, Rail Group | 5592.86% (1566) | ANDE / RAIL / |
Jorgenson Corbett J. President, Grain Group | 5592.86% (1566) | ANDE / |
IRMEN MICHAEL S President, Ethanol Group | 5192.86% (1454) | ANDE / |
Blair Jeffrey President, Plant Nutrient | 4632.14% (1297) | ANDE / IPI / |
Blanchett Valerie M Vice President, Human Resource | 3860.71% (1081) | ANDE / |
Rex Anne G VP & Corporate Controller | 2675.00% (749) | ANDE / |
Lombardi Anthony Chief Information Officer | 2407.14% (674) | ANDE / |
Dasari Srikanth R VP - Treasurer | 2192.86% (614) | ANDE / |
Sparks Tamara Sue VP,Corp.Relations/BusinessAnal | 2042.86% (572) | ANDE / |