The Andersons, Inc. (ANDE) Stock Price & How to Invest
Last updated July 2026
Short answer
The Andersons (ANDE) is a diversified North American agribusiness that merchandises grain, makes and sells plant nutrients, and produces ethanol and renewable co-products, so investing in it is a bet on agricultural supply chains and biofuels policy rather than on a single crop or price. It trades like a cyclical commodity handler with a growing renewables tilt.
ANDE stock price
As of 2026-07-24, The Andersons, Inc. (ANDE) last closed at $77.71, up 115.3% over the past year. Over the past 52 weeks it has traded between $34.63 and $80.87.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or The Andersons, Inc.'s investor relations page. Walnut is informational, not investment advice.
What does The Andersons, Inc. (ANDE) do?
The Andersons, Inc. is a diversified agribusiness founded in Ohio that operates across two main reporting segments. Its Agribusiness segment handles commodity merchandising, terminal grain elevator operations, and the manufacturing and distribution of plant nutrient and specialty agricultural products, while its Renewables segment produces, buys, and sells ethanol and co-products through owned and partly owned plants. The business is asset heavy and volume driven, earning thin margins on very large revenue as it moves grain and inputs through elevators, rail, and logistics networks across North America.
The investment picture is that of a cyclical commodity handler that is increasingly leveraged to renewable fuels. Revenue runs around $11 billion on a trailing basis but net income is a small fraction of that, so results hinge on merchandising spreads, harvest size, fertilizer demand, and ethanol economics. In recent quarters the Renewables segment has been a standout, helped by record production and biofuels policy benefits including 45Z clean fuel production credits, while Agribusiness has been steadier. Investors weigh a long dividend record and diversification against the inherent volatility of agricultural and energy commodity cycles.
What's driving The Andersons, Inc. (ANDE)?
1. Renewables and biofuels policy tailwind
The Renewables segment has become a key profit driver, posting record production and strong merchandising in early 2026. Federal clean fuel policy, including 45Z production credits and finalized renewable volume obligations for 2026 and 2027, adds a policy-linked earnings stream. This exposure to low carbon feedstocks and biofuels is central to the current growth story.
2. Grain merchandising and trade franchise
Agribusiness merchandising, terminal elevators, and logistics form the backbone of the company and generate large volumes across North America. Merchandising income improves when harvests are large and grain moves freely, and the segment showed resilient results with improving conditions in early 2026. The franchise benefits from scale, storage capacity, and rail and river logistics.
3. Plant nutrient and specialty inputs
The nutrient and specialty agriculture business manufactures and distributes fertilizer and value added inputs to growers and dealers. Demand tracks planted acreage, crop prices, and application rates, giving the company a second agricultural cash flow alongside merchandising. It adds diversification but is exposed to fertilizer price swings and weather driven demand.
4. Diversification and capital returns
Operating across trade, renewables, and nutrients smooths some single-market volatility, and the company has a long history of paying a quarterly dividend. Management has pursued acquisitions, joint ventures, and internal projects to expand capacity. Steady capital returns and balance sheet discipline underpin the longer-term case.
What are the risks to The Andersons, Inc. (ANDE)?
The Andersons operates in highly cyclical agricultural and energy markets, so earnings can swing sharply with crop size, commodity prices, and merchandising spreads. Weather, trade policy, and export demand can materially change grain volumes and margins in a single season. Renewables profitability depends heavily on ethanol economics and on government biofuels credits such as 45Z, which are subject to political and regulatory change. The business is asset heavy and low margin, so net income is a thin slice of very large revenue and can be volatile quarter to quarter. Fertilizer price volatility and input costs add further uncertainty to the nutrient business.
How is The Andersons, Inc. (ANDE) valued? (approximate, July 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see The Andersons, Inc.'s investor relations page or your broker.
- Revenue (TTM): ~$11.0B
- Market cap: ~$2.3B
- P/E ratio: ~23x
- Q1 2026 revenue: ~$2.63B
- Q1 2026 adjusted EPS: ~$1.12
- Dividend yield: ~1.1%
The Andersons reported record first quarter 2026 results, with revenue of about $2.63 billion (down roughly 1% year over year) and record net income of $33 million, or $0.97 per diluted share, and adjusted EPS of about $1.12. The company carries a mid-cap market value near $2.3 billion on trailing revenue of roughly $11 billion, reflecting the thin margins typical of a commodity merchandiser. The trailing P/E near 23x and a dividend yield around 1.1% price it as a diversified agribusiness with a renewables growth tilt.
Who competes with The Andersons, Inc. (ANDE)?
Large diversified agribusiness and grain traders
Archer Daniels Midland (ADM) and Bunge Global are far larger global processors and merchandisers of grain and oilseeds. They compete directly with The Andersons in commodity merchandising and share exposure to crop cycles, trade flows, and biofuels feedstocks, though at much greater scale.
Ethanol and renewable fuels producers
Green Plains and other ethanol producers, along with the renewables arms of major processors, compete in ethanol production and low carbon fuel markets. These names share The Andersons' sensitivity to ethanol margins, corn costs, and clean fuel policy such as 45Z credits.
Plant nutrient and agricultural input suppliers
Fertilizer and input distributors such as Nutrien and regional agricultural retailers compete with the nutrient and specialty business. They are driven by planted acreage, crop prices, and fertilizer price cycles, overlapping with The Andersons' grower and dealer channel.
How to invest in The Andersons, Inc. (ANDE)
There are three common ways to get ANDE exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so ANDE sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where ANDE fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.
The bottom line on The Andersons, Inc. (ANDE)
ANDE is a commodity-cyclical agribusiness whose earnings swing with grain volumes, fertilizer margins, and biofuels credits, so the investment case rests on the durability of its trade franchise and the tailwind from renewable fuel policy.
More on The Andersons, Inc. (ANDE)
Whether ANDE is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is ANDE a buy?, and where the stock could go from here in the ANDE stock forecast.
For income investors, whether ANDE pays a dividend and how the payout looks is covered in does ANDE pay a dividend?
Build a basket around ANDE with Walnut
Use The Andersons, Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What does The Andersons do?
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The Andersons is a diversified North American agribusiness. It merchandises grain and operates terminal elevators, manufactures and distributes plant nutrient and specialty products, and produces ethanol and renewable co-products, organized mainly into Agribusiness and Renewables segments.
What were The Andersons' most recent quarterly results?
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For the first quarter ended March 31, 2026, The Andersons reported revenue of about $2.63 billion and record net income of $33 million, or $0.97 per diluted share, with adjusted EPS of roughly $1.12. Renewables posted record production and biofuels policy benefits.
Why did Renewables drive recent earnings?
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The Renewables segment reported record ethanol production, strong merchandising, and biofuels policy benefits, including about $26 million of 45Z clean fuel production credits recognized in the first quarter of 2026. Finalized renewable volume obligations for 2026 and 2027 added visibility.
Is The Andersons a cyclical stock?
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Yes. Its earnings swing with crop size, commodity prices, merchandising spreads, fertilizer margins, and ethanol economics. It is an asset heavy, low margin business, so net income is a thin slice of very large revenue and can vary meaningfully from quarter to quarter.
Does The Andersons pay a dividend?
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The Andersons pays a quarterly cash dividend, recently about $0.20 per share, or roughly $0.80 annualized, for a yield near 1.1% as of mid 2026. The company has a long history of consistent dividend payments, though amounts and yields change with the share price.
Who are The Andersons' main competitors?
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Large grain traders and processors like Archer Daniels Midland and Bunge compete in merchandising, ethanol producers such as Green Plains compete in renewables, and fertilizer suppliers like Nutrien compete in plant nutrients. The Andersons is smaller and more diversified than the largest global players.
What are the biggest risks for ANDE?
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Key risks include agricultural and energy commodity volatility, weather and harvest variability, trade and export policy, ethanol margin swings, fertilizer price cycles, and dependence on biofuels credits such as 45Z that can change with regulation and politics.
How can I invest in ANDE through Walnut?
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With Walnut you can add ANDE to a thematic basket built around an investment thesis such as agribusiness, renewable fuels, or commodities, set a target weight, connect your brokerage, and place orders that move the basket toward those targets. Walnut is not an investment adviser and does not tell you whether to buy or sell; it helps you organize and track your own thesis.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with The Andersons, Inc.'s investor relations page or your broker before making investment decisions.