The Andersons, Inc.

NasdaqGS:ANDE Stock Report

Market Cap: US$2.6b

Andersons Management

Management criteria checks 4/4

Andersons' CEO is Bill Krueger, appointed in Oct 2024, has a tenure of 1.58 years. total yearly compensation is $5.47M, comprised of 18.3% salary and 81.7% bonuses, including company stock and options. directly owns 1.43% of the company’s shares, worth $37.86M. The average tenure of the management team and the board of directors is 4.9 years and 10.5 years respectively.

Key information

Bill Krueger

Chief executive officer

US$5.5m

Total compensation

CEO salary percentage18.27%
CEO tenure1.6yrs
CEO ownership1.4%
Management average tenure4.9yrs
Board average tenure10.5yrs

Recent management updates

Recent updates

ANDE: Future Returns Will Rely On Renewables Strength And Expense Discipline

The analyst price target for Andersons has increased by $9 to $75, as analysts cite record Q4 earnings, stronger Renewables profits, lower expenses, and what they describe as exceptionally high visibility into the business. Analyst Commentary Bullish Takeaways Bullish analysts point to record Q4 earnings as support for a higher valuation range, arguing that the recent results give more confidence in current earnings power.

ANDE: Future Returns Will Depend On Renewables Execution And Cost Control Balance

Analysts increased their price target on Andersons to $75 from $65, citing strong Renewables pre tax profits and lower other expenses that more than offset softer Agribusiness results in the recent Q4 earnings report. Analyst Commentary Recent Street commentary on Andersons focuses on how the latest Q4 results and business mix feed into valuation, execution risk, and growth expectations.

ANDE: Future Earnings Will Rely On Renewables Strength And Cost Discipline

Analysts have lifted Andersons' price target to $75 from $65, pointing to record Q4 earnings with strong Renewables pre tax profits and lower expenses, which helped offset softer Agribusiness results and support the current valuation framework. Analyst Commentary Recent Street research around Andersons centers on the record Q4 earnings print, the lift in the price target to $75, and the emphasis on Renewables performance versus softer Agribusiness results.

ANDE: Future Earnings Resilience Will Hinge On Renewables Strength And Cost Discipline

The analyst price target on Andersons has moved from $65 to $75, with analysts pointing to record Q4 earnings driven by strong Renewables pre tax profits and lower expenses as the key support for this higher fair value view. Analyst Commentary Bullish Takeaways Bullish analysts see the move to a US$75 price target as supported by record Q4 earnings, which they view as a stronger earnings baseline for valuation work.

ANDE: Renewables Strength And Earnings Visibility Will Drive Long Term Upside Potential

Analysts have raised their price target on Andersons to $75 from $65, citing strong Q4 earnings, particularly in Renewables, along with recent bullish research coverage as key supports for the higher fair value view. Analyst Commentary Bullish analysts highlight the recent price target move to $75 from $65 as a clear signal that they see more upside potential, supported by what they view as a stronger earnings profile and improved visibility across key segments.

ANDE: Elevated Future P/E Reliance Will Drive Cautious View On Upside Potential

Narrative Update: Andersons Analysts have raised their price target on Andersons to $60.00, supported by fresh coverage that cites exceptionally high visibility into the business and a willingness to apply a higher future P/E multiple. Analyst Commentary Recent coverage frames Andersons as a name with strong business visibility and a willingness among some analysts to apply a higher future P/E multiple.

The Andersons, Inc.'s (NASDAQ:ANDE) P/E Is Still On The Mark Following 26% Share Price Bounce

Feb 06
The Andersons, Inc.'s (NASDAQ:ANDE) P/E Is Still On The Mark Following 26% Share Price Bounce

ANDE: Long Term Earnings Plan And Capital Returns Will Shape Balanced Outlook

Analysts have modestly adjusted their price views on Andersons, reflecting updated assumptions for discount rates, revenue growth, profit margins, and future P/E, and the fair value estimate remains at $65.00 per share. What's in the News The Andersons, Inc.

ANDE: Long Term Earnings Plan And M&A Pipeline Will Drive Upside

Analysts have raised their price target for Andersons from $55 to $65, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that they believe better reflect the company’s current outlook. What's in the News The Andersons, Inc.

ANDE: Future Biofuel Policy And Acquisitions Will Shape Profit Outlook

Analysts have raised their price target on Andersons from US$50.00 to US$62.50, citing updated fair value estimates, a slightly lower discount rate, revised assumptions for revenue growth and profit margins, and an increased outlook for the future P/E ratio. What's in the News The Andersons, Inc.

ANDE: Future EPS Outlook And M&A Plans Will Support Measured Upside Potential

Analysts have raised their price target on Andersons to approximately $60 from around $40, citing a lower perceived risk profile, expectations for stronger profit margins, and a more attractive future earnings multiple, despite moderating revenue growth assumptions. What's in the News President Trump is considering at least $10 billion in tariff funded aid for U.S. farmers, which could indirectly support agriculture focused companies such as Andersons as the sector grapples with trade related pressures (Wall Street Journal via periodical report).

Andersons (NASDAQ:ANDE) Is Increasing Its Dividend To $0.20

Dec 16
Andersons (NASDAQ:ANDE) Is Increasing Its Dividend To $0.20

ANDE: Future Farm Aid And Biofuel Policy Will Shape Profit Outlook

Analysts have nudged their price target for Andersons higher to reflect a modest increase in estimated fair value to 50.00 dollars, supported by slightly lower discount rate assumptions and largely unchanged expectations for long term revenue growth, profit margins, and future valuation multiples. What's in the News The U.S. administration is considering at least 10 billion dollars in tariff funded aid for farmers, which could potentially benefit major agriculture players including Andersons, Archer Daniels, Bunge, and others (Wall Street Journal).

ANDE: Profit Margins Are Set To Improve Amid Changing Regulatory Landscape

Analysts have raised Andersons' price target slightly from $49.84 to $50.00, citing an improved profit margin outlook even as revenue growth expectations are moderating. What's in the News President Trump is considering a $10B or more aid package for U.S. farmers to offset tariff impacts.

Why Andersons' (NASDAQ:ANDE) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 13
Why Andersons' (NASDAQ:ANDE) Shaky Earnings Are Just The Beginning Of Its Problems

Earnings Tell The Story For The Andersons, Inc. (NASDAQ:ANDE) As Its Stock Soars 26%

Nov 12
Earnings Tell The Story For The Andersons, Inc. (NASDAQ:ANDE) As Its Stock Soars 26%

ANDE: Future Policy Decisions Will Shape Revenue Stability Amid Tariff Uncertainty

Analysts have reaffirmed their price target for Andersons at $49.84, citing stable revenue growth and profit margin projections as key factors supporting the previous valuation. What's in the News President Trump is considering providing at least $10 billion in aid to U.S. farmers to offset economic fallout from new tariffs.

Analysts Lift Andersons Price Target Amid Improved Forecasts and Positive Policy Developments

Analysts have raised their price target for Andersons from $46.67 to $49.84. They cite improved revenue growth forecasts, higher projected profit margins, and a slightly lower discount rate as key factors behind the upward revision.

Hedging The Corn Cycle: Pairing The Andersons With Tyson Foods

Jul 22

Andersons' (NASDAQ:ANDE) Returns On Capital Are Heading Higher

Jul 03
Andersons' (NASDAQ:ANDE) Returns On Capital Are Heading Higher

Andersons (NASDAQ:ANDE) Has Announced A Dividend Of $0.195

Mar 13
Andersons (NASDAQ:ANDE) Has Announced A Dividend Of $0.195

Andersons (NASDAQ:ANDE) Has A Pretty Healthy Balance Sheet

Feb 03
Andersons (NASDAQ:ANDE) Has A Pretty Healthy Balance Sheet

Buying The Undervaluation To Peers Argument For The Andersons

Jan 18

Andersons (NASDAQ:ANDE) Is Paying Out A Dividend Of $0.195

Dec 17
Andersons (NASDAQ:ANDE) Is Paying Out A Dividend Of $0.195
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Expansion And Strategic Acquisitions Set The Stage For Impressive Growth In Renewables And Grain Markets

Strategic expansions and acquisitions aim to increase operational capacity, enhance efficiency, and explore new market opportunities, driving potential revenue growth across segments.

Andersons (NASDAQ:ANDE) Seems To Use Debt Quite Sensibly

Nov 04
Andersons (NASDAQ:ANDE) Seems To Use Debt Quite Sensibly

The Andersons, Inc.'s (NASDAQ:ANDE) Share Price Is Matching Sentiment Around Its Earnings

Oct 22
The Andersons, Inc.'s (NASDAQ:ANDE) Share Price Is Matching Sentiment Around Its Earnings

Andersons (NASDAQ:ANDE) Will Pay A Dividend Of $0.19

Aug 22
Andersons (NASDAQ:ANDE) Will Pay A Dividend Of $0.19

Here's Why Andersons (NASDAQ:ANDE) Has Caught The Eye Of Investors

Aug 04
Here's Why Andersons (NASDAQ:ANDE) Has Caught The Eye Of Investors

Andersons (NASDAQ:ANDE) Might Have The Makings Of A Multi-Bagger

Jul 18
Andersons (NASDAQ:ANDE) Might Have The Makings Of A Multi-Bagger

The Andersons: Reinvestment Runway Key With Low Multiple On Incremental Capital

Jul 13

CEO Compensation Analysis

How has Bill Krueger's remuneration changed compared to Andersons's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$5mUS$1m

US$96m

Sep 30 2025n/an/a

US$73m

Jun 30 2025n/an/a

US$81m

Mar 31 2025n/an/a

US$109m

Dec 31 2024US$5mUS$961k

US$114m

Sep 30 2024n/an/a

US$120m

Jun 30 2024n/an/a

US$102m

Mar 31 2024n/an/a

US$122m

Dec 31 2023US$5mUS$950k

US$101m

Sep 30 2023n/an/a

US$65m

Jun 30 2023n/an/a

US$73m

Mar 31 2023n/an/a

US$98m

Dec 31 2022US$4mUS$760k

US$119m

Sep 30 2022n/an/a

US$137m

Jun 30 2022n/an/a

US$133m

Mar 31 2022n/an/a

US$94m

Dec 31 2021US$3mUS$600k

US$100m

Sep 30 2021n/an/a

US$84m

Jun 30 2021n/an/a

US$69m

Mar 31 2021n/an/a

US$55m

Dec 31 2020US$2mUS$623k

US$6m

Sep 30 2020n/an/a

-US$5m

Jun 30 2020n/an/a

-US$8m

Mar 31 2020n/an/a

-US$5m

Dec 31 2019US$6mUS$590k

US$7m

Compensation vs Market: Bill's total compensation ($USD5.47M) is about average for companies of similar size in the US market ($USD7.19M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.

CEO

Bill Krueger (58 yo)

1.6yrs
Tenure
US$5,472,539
Compensation

Mr. William E. Krueger, also known as Bill serves as Chief Executive Officer, President and Director at The Andersons, Inc. from October 1, 2024 and served as its is President of Trade Group since January...

Leadership Team

NamePositionTenureCompensationOwnership
Patrick Bowe
Executive Chairman10.5yrsUS$1.40m0.34%
$ 8.9m
William Krueger
CEO, President & Director1.6yrsUS$5.47m1.43%
$ 37.9m
Brian Valentine
Executive VP & CFO7.8yrsUS$2.09m0.30%
$ 7.9m
Sarah Zibbel
Executive VP & Chief Human Resources Officer2.8yrsUS$951.78k0.012%
$ 315.8k
Mark Simmons
Executive Vice President of Renewables Segments1.3yrsUS$1.15m0.066%
$ 1.8m
Weston Heide
Executive Vice President of Agribusiness3.3yrsUS$1.11m0.057%
$ 1.5m
Michael Hoelter
VP, Corporate Controller & Investor Relations7.3yrsno data0.050%
$ 1.3m
Emmanuel Ayuk
Executive VPless than a yearno datano data
Anne Rex
Senior Vice President of Strategy14.3yrsUS$530.49k0.070%
$ 1.9m
Daniel Anderson
President of Retail Group30.3yrsUS$276.64kno data
Brian Walz
Senior Vice President of Finance & Treasurer6.5yrsno data0.035%
$ 926.9k
4.9yrs
Average Tenure
55yo
Average Age

Experienced Management: ANDE's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Patrick Bowe
Executive Chairman10.5yrsUS$1.40m0.34%
$ 8.9m
William Krueger
CEO, President & Director1.6yrsUS$5.47m1.43%
$ 37.9m
Gerard Anderson
Lead Independent Director17.4yrsUS$227.61k1.05%
$ 27.8m
Steven Oakland
Independent Directorless than a yearUS$153.37kno data
Ross Manire
Independent Director17.3yrsUS$215.11k0.099%
$ 2.6m
John Stout
Independent Director16.6yrsUS$207.61k0.081%
$ 2.2m
Robert King
Independent Director20.8yrsUS$225.11k0.15%
$ 4.0m
Catherine Kilbane
Independent Director18.4yrsUS$227.61k0.15%
$ 3.9m
Pamela Hershberger
Independent Director6.4yrsUS$236.17k0.042%
$ 1.1m
Gary Douglas
Independent Director5yrsUS$233.67k0.027%
$ 702.4k
Steven Campbell
Independent Director3.4yrsUS$210.11k0.020%
$ 537.6k
10.5yrs
Average Tenure
64yo
Average Age

Experienced Board: ANDE's board of directors are seasoned and experienced ( 10.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 04:10
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Andersons, Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KlieveBenchmark Company
Benjamin MayhewBMO Capital Markets Equity Research
Eric LarsonBrean Capital Historical (Janney Montgomery)