ANDE

Over the past six months, The Andersons, Inc. (ANDE) stock experienced significant movements, gaining 21.7% year-to-date and 55.3% over the past year as of October 9, 2026, despite a short-term drop of 5.7% over the past week and 10.1% over the past month. The stock reached an all-time high of $82.11 USD on May 4, 2026. The company reported record first-quarter net income of $33 million ($0.97 per diluted share) and adjusted net income of $38 million ($1.12 per diluted share) on May 5, 2026, driven by strong Renewables segment performance. On August 3, 2026, second-quarter results showed net income of $57 million ($1.65 per diluted share) and adjusted net income of $74 million ($2.15 per diluted share), surpassing analyst estimates, with the Renewables segment achieving record pretax income of $65 million and adjusted pretax income of $88 million, boosted by production, merchandising, and $24 million in 45Z tax credits, alongside agribusiness improvement. On August 20, 2026, a quarterly cash dividend of $0.20 per share was declared. Analysts maintain a bullish outlook with a consensus 'Buy' rating and an average 12-month price target of $95.00, with some targets raised in September 2026. The stock's 2026 performance has been significantly driven by the full ownership of ethanol after a $425 million buyout, a $100 million per year 45Z tax-credit annuity, and management's guidance towards a $7.00 run-rate EPS by 2028.