B&G Foods (BGS) to Release Earnings on Monday

Key Points

• B&G Foods is set to announce its Q2 2025 earnings on Monday, August 4th, with expectations of $0.07 earnings per share and $427.80 million in revenue.
• The company has recently declared a quarterly dividend of $0.19 per share, giving it an annualized yield of 16.84%.
• Institutional investors control 66.15% of B&G Foods shares, indicating strong interest from large investment funds.

B&G Foods (NYSE:BGS - Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Monday, August 4th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $427.80 million for the quarter. B&G Foods has set its FY 2025 guidance at 0.550-0.650 EPS.

B&G Foods (NYSE:BGS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($0.12). The firm had revenue of $425.40 million for the quarter, compared to analysts' expectations of $459.40 million. B&G Foods had a positive return on equity of 7.00% and a negative net margin of 11.16%. The firm's quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS. On average, analysts expect B&G Foods to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

B&G Foods Price Performance

Shares of BGS traded down $0.05 during trading hours on Thursday, reaching $4.11. The company had a trading volume of 2,159,375 shares, compared to its average volume of 2,448,153. The firm has a 50 day simple moving average of $4.30 and a 200-day simple moving average of $5.64. The company has a current ratio of 3.32, a quick ratio of 1.07 and a debt-to-equity ratio of 3.90. The company has a market capitalization of $327.58 million, a price-to-earnings ratio of -1.54 and a beta of 0.54. B&G Foods has a 12-month low of $3.97 and a 12-month high of $9.44.

B&G Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 27th. Stockholders of record on Tuesday, September 30th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 18.51%. B&G Foods's dividend payout ratio is presently -28.57%.

Hedge Funds Weigh In On B&G Foods

Several hedge funds have recently added to or reduced their stakes in BGS. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of B&G Foods by 29.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,510 shares of the company's stock worth $1,721,000 after purchasing an additional 57,188 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of B&G Foods by 6.6% during the 1st quarter. Empowered Funds LLC now owns 353,878 shares of the company's stock worth $2,431,000 after purchasing an additional 22,064 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of B&G Foods by 28.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 706,117 shares of the company's stock worth $4,851,000 after purchasing an additional 155,503 shares during the last quarter. Millennium Management LLC boosted its stake in shares of B&G Foods by 15,131.8% during the 1st quarter. Millennium Management LLC now owns 1,887,984 shares of the company's stock worth $12,970,000 after purchasing an additional 1,875,589 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of B&G Foods by 5.3% during the 1st quarter. AQR Capital Management LLC now owns 163,781 shares of the company's stock worth $1,125,000 after purchasing an additional 8,272 shares during the last quarter. 66.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BGS. Piper Sandler cut their price target on shares of B&G Foods from $7.00 to $5.00 and set a "neutral" rating for the company in a report on Thursday, May 8th. Barclays dropped their target price on shares of B&G Foods from $5.00 to $4.00 and set an "equal weight" rating for the company in a report on Tuesday, July 15th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $7.10.

B&G Foods Company Profile

B&G Foods, Inc is a holding company, which engages in the manufacture, sale, and distribution of shelf-stable frozen food, and household products in the U.S., Canada, and Puerto Rico. It operates through the following segments: Specialty, Meals, Frozen & Vegetables, and Spices & Flavor Solutions.