The Andersons, Inc. (ANDE) Stock Price & Analysis
The Andersons, Inc. (ANDE) is trading at USD 64.62, down 0.74% today, as of October 23, 2026 at 14:58 UTC (US market open; quotes may be delayed), according to Nexqual market data.
ANDE last closed at USD 65.1; today's session has ranged USD 64.41–65.4 on volume of 25,766 shares. Market capitalization is $2.20B, with a 52-week range of USD 44.63–82.11 (NMS). Source: Nexqual, retrieved October 23, 2026 at 15:00 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ANDE.md
Key facts (ANDE)
- Last four reported quarters (through Jun 30, 2026): revenue $10.9B, net income $177M (1.6% margin), free cash flow $56.9M (SEC filings).
- Valuation: P/E 12.4x (avg 17.0x at the last 3 fiscal year-ends), net debt $520M.
- Earnings quality: non-operating income $124M vs operating income null over the last four quarters; P/E excluding non-operating income ≈30.2x (estimate: non-operating income taxed at the company's 15.9% effective rate).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (3 analysts), mean target USD 86.67 (range 80–90).
- Total return with dividends: 1Y +40.5% vs S&P 500 +14.8%; 5Y +106.2% vs S&P 500 +77.5%.
- Next earnings: 2026-11-03, EPS estimate USD 1.11, revenue estimate $2.90B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ANDE)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $12.6B | $17.3B | $14.8B | $11.3B | $11.0B | $10.9B |
| Gross profit | $593M | $684M | $745M | $694M | $714M | — |
| Net income | $104M | $131M | $101M | $114M | $95.7M | $177M |
| EPS (diluted) | $3.07 | $3.81 | $2.94 | $3.32 | — | — |
| Free cash flow | -$127M | $179M | $796M | $182M | -$56.1M | $56.9M |
| Gross margin | 4.7% | 3.9% | 5.1% | 6.2% | 6.5% | — |
| Net margin | 0.8% | 0.8% | 0.7% | 1.0% | 0.9% | 1.6% |
| Revenue growth | +56.4% | +37.4% | -14.9% | -23.7% | -2.2% | — |
| Cash + short-term investments | $216M | $115M | $644M | $562M | $98.3M | — |
| Total debt | $633M | $603M | $591M | $644M | $623M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ANDE)
P/E 12.4x · P/E ex non-operating (est.) ≈30.2x · P/S 0.2x · EV/Sales 0.3x · P/FCF 38.6x · P/B 1.7x · FCF yield 2.59% · Earnings yield 8.08% · Dividend yield (paid, TTM) 1.24% · Net debt $520M · EV $2.72B
P/E at fiscal year-ends: Dec 2025 19.1x, Dec 2024 12.2x, Dec 2023 19.6x.
Analysts (ANDE)
Consensus Buy (mean 2.00 on a 1–5 scale), 3 analysts; mean target USD 86.67 (low 80, high 90).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-05 | BMO Capital | Target raised | Outperform | $75 → $90 |
Total return (dividends reinvested) (ANDE)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +40.5% | +106.2% |
| S&P 500 (SPY) | +14.8% | +77.5% |
| Per year | +40.5% | +15.6% |
| Volatility (annualized) | 35.2% | 38.6% |
| Max drawdown | -21.2% (Jul 2026→Aug 2026) | -47.6% (Apr 2022→Sep 2022) |
ANDE revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Agribusiness | $2.11B | 68.2% | -12.5% |
| Renewables | $984.6M | 31.8% | +36.5% |
| Specialty and primary nutrients | $384.8M | 12.4% | +1.9% |
| Other | $77.7M | 2.5% | +45.7% |
| Premium ingredients | $60.1M | 1.9% | -0.3% |
| Propane and fuels | $32.9M | 1.1% | -25.1% |
| Total revenue | $3.10B | 100% | — |
ANDE revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $2.50B | 80.7% | +3.0% |
| Other | $390.9M | 12.6% | -19.8% |
| CANADA | $144.0M | 4.6% | +8.1% |
| Mexico | $63.4M | 2.0% | -29.2% |
| Total revenue | $3.10B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ANDE suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Skyland Grain | “Gross profit increased by $33.9 million from the prior year with $76.0 million of the increase as a result of additional Skyland gross profit, which was partially offset by reduced results from our legacy asset and merchandising businesses from limited trade flows due to a surplus of grain supplies and weak customer demand.” |
Quoted from the company's 10-K filed Feb 18, 2026.
ANDE company outlook (results filed Aug 3, 2026)
- “Cash spent on capital projects in the quarter totaled $76 million, driven by ongoing investments in our facilities and strategic growth initiatives.”
- “We anticipate a full-year adjusted effective rate of approximately 14% - 18%.”
- “ET, to discuss its performance and provide its outlook for the remainder of 2026.”
Quoted word-for-word from the SEC 8-K results press release.
ANDE analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.11 | $0.98 | +12.5% | $2.90B | 3 |
| Next quarter (ends Dec 2026) | $1.78 | $1.92 | -7.5% | $3.00B | 3 |
| Current fiscal year (ends Dec 2026) | $6.15 | $5.47 | +12.4% | $11.62B | 3 |
| Next fiscal year (ends Dec 2027) | $6.40 | $5.96 | +7.3% | $11.94B | 3 |
ANDE options: expected move
Options price a move of about ±11.3% (±$7.32) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±8.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 50.2% | ±11.3% |
| Dec 18, 2026 | 56 | 43.1% | ±13.5% |
| Mar 19, 2027 | 147 | 41.2% | ±20.7% |
| Jun 17, 2027 | 237 | 40.5% | ±25.7% |
30-day implied volatility 44.9% vs 26.8% realized over the last 30 trading days. Put/call ratio (volume) 0.5. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 15:00 UTC)
| Price | USD 64.62 |
|---|---|
| Change | ▼ 0.74% (down) |
| Previous Close | USD 65.1 |
| Open | USD 65.16 |
| Day Range | USD 64.41 – 65.4 |
| 52-Week Range | USD 44.63 – 82.11 |
| Volume | 25,766 shares |
| Market Cap | $2.20B |
| Exchange | NMS |
Technical Analysis (ANDE)
Nexqual's technical model rates ANDE "STRONG SELL" based on 0 bullish and 5 bearish signals across 128 daily candles, as of October 23, 2026 at 15:00 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 40.07 (neutral) |
| vs SMA50 | Below (USD 67.37) |
| MACD | -0.81 (negative) |
Analyst Ratings (ANDE)
Wall Street analysts rate ANDE "Buy" based on 3 analysts, with a mean price target of USD 86.67 (range USD 80–90), per Nexqual as of October 23, 2026 at 15:00 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 86.67 |
| High Target | USD 90 |
| Low Target | USD 80 |
| Buy / Hold / Sell | 3 / 0 / 0 |
Earnings (ANDE)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 1.11 |
| Revenue Estimate | $2.90B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.15 vs est 1.48 ▲ beat |
| 2026-03-31 | USD 1.12 vs est 0.7 ▲ beat |
| 2025-12-31 | USD 2.04 vs est 1.56 ▲ beat |
| 2025-09-30 | USD 0.84 vs est 0.46 ▲ beat |
Source: Nexqual, October 23, 2026 at 15:00 UTC.
Financials & Fundamentals (ANDE)
| Total Revenue | $10.94B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -1.20% |
| Gross Margin | +7.18% |
| Operating Margin | +1.61% |
| Profit Margin | +1.62% |
| ROE | +12.16% |
| Debt / Equity | 0.66 |
| Current Ratio | 1.51 |
| Total Cash | $66.55M |
| Total Debt | $900.76M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $56.91M (0.5% of revenue) |
Source: Nexqual, October 23, 2026 at 15:00 UTC.
Financial Health Score (ANDE)
Nexqual rates The Andersons, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 15:00 UTC.
| Growth | Weak — Revenue -2% YoY (annual), declining |
|---|---|
| Profitability | Weak — Gross margin 7%, operating 2% (last 12 months) |
| Balance Sheet | Solid — $67M cash and investments vs $586M debt (Jun 2026, SEC) |
| Cash Flow | Mixed — FCF $57M (last 4 quarters to Jun 2026, SEC), slim 0.5% margin |
| Efficiency | Mixed — ROE 12%, ROA 3.0% |
Ownership (ANDE)
| Insider Ownership | +4.02% |
|---|---|
| Institutional Ownership | +94.44% |
| Shares Outstanding | 33.98M |
| Float | 32.20M |
| Short % of Float | +6.79% |
Source: Nexqual, October 23, 2026 at 15:00 UTC.
Leadership (ANDE)
The Andersons, Inc. is led by William E. Krueger, CEO, President & Director, per Nexqual as of October 23, 2026 at 15:00 UTC.
| CEO, President & Director | William E. Krueger |
|---|---|
| Executive Chairman | Patrick E. Bowe |
| Executive VP & CFO | Brian A. Valentine |
| Executive Vice President of Renewables Segments | Mark D. Simmons |
| Executive Vice President of Agribusiness | Weston S. Heide |
Major Backers & Investors (ANDE)
Notable institutional backers of The Andersons, Inc. include Invesco, Rubric Capital Management LP, Jupiter Topco LLC, according to Nexqual as of October 23, 2026 at 15:00 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Invesco | 4.81% |
| Rubric Capital Management LP | 2.94% |
| Jupiter Topco LLC | 2.34% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 1.93% |
| JPMorgan | 1.64% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 18.36% |
| Vanguard Group | 11.44% |
| Dimensional Fund Advisors | 6.92% |
| State Street | 4.27% |
| Geode Capital | 2.93% |
Source: Nexqual, October 23, 2026 at 15:00 UTC.
Legal & Regulatory Risks from The Andersons, Inc.'s Latest 10-K (filed 2026-02-18)
- Compliance with evolving regulations regarding disclosure of emissions and metrics and/or climate change may impact our reputation, increase our operating costs, and reduce the value of our assets and products.
- We are subject to various legal and regulatory proceedings, including litigation in the ordinary course of business, and uninsured judgments or a rise in insurance premiums may adversely impact our business, financial condition and results of operations.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| UNFI | United Natural Foods, Inc. | USD 46.12 | ▼ 2.45% |
| CHEF | The Chefs' Warehouse, Inc. | USD 106.51 | ▼ 0.73% |
| AVO | Mission Produce, Inc. | USD 11.66 | ▼ 1.35% |
| PFGC | Performance Food Group Company | USD 95.43 | ▼ 2.52% |
| USFD | US Foods Holding Corp. | USD 101.52 | ▼ 2.43% |
| SYY | Sysco Corporation | USD 82 | ▼ 2.35% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 15:00 UTC. This page is informational and not investment advice.
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