B&G Foods (NYSE:BGS) Issues FY 2026 Earnings Guidance

Key Points

• B&G Foods issued FY 2026 guidance of $0.575–$0.675 in adjusted earnings per share and $1.7–$1.8 billion in revenue, broadly ahead of analyst expectations.
• The stock traded near its 52-week low at $3.44, while analysts maintained a cautious outlook with a consensus “Reduce” rating and an average price target of $4.38.
• B&G Foods declared a quarterly dividend of $0.095 per share, or $0.38 annualized, representing an unusually high 11.1% yield; the company’s latest quarter met EPS estimates but missed revenue expectations.

B&G Foods (NYSE:BGS - Get Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.575-0.675 for the period, compared to the consensus estimate of 0.560. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

B&G Foods Price Performance

BGS stock traded up $0.04 during midday trading on Tuesday, reaching $3.44. 2,724,720 shares of the stock were exchanged, compared to its average volume of 2,124,089. B&G Foods has a 52 week low of $3.35 and a 52 week high of $6.38. The company has a fifty day moving average price of $3.82 and a 200 day moving average price of $4.56. The company has a debt-to-equity ratio of 4.96, a current ratio of 2.99 and a quick ratio of 1.42. The stock has a market capitalization of $278.82 million, a PE ratio of -3.58 and a beta of 0.50.

B&G Foods (NYSE:BGS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.06 EPS for the quarter, meeting analysts' consensus estimates of $0.06. The firm had revenue of $383.27 million for the quarter, compared to analyst estimates of $394.92 million. B&G Foods had a positive return on equity of 9.67% and a negative net margin of 4.23%.B&G Foods has set its FY 2026 guidance at 0.575-0.675 EPS. As a group, analysts expect that B&G Foods will post 0.57 EPS for the current fiscal year.

B&G Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be given a dividend of $0.095 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.38 annualized dividend and a yield of 11.1%. B&G Foods's dividend payout ratio (DPR) is currently -39.58%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Weiss Ratings lowered shares of B&G Foods from a "sell (d+)" rating to a "sell (d-)" rating in a report on Thursday, May 14th. Jefferies Financial Group set a $4.00 price target on shares of B&G Foods in a research note on Wednesday, July 22nd. Finally, Barclays cut their price target on shares of B&G Foods from $6.00 to $5.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average price target of $4.38.

Institutional Investors Weigh In On B&G Foods

Large investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in shares of B&G Foods by 502.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,443 shares of the company's stock valued at $31,000 after purchasing an additional 6,207 shares during the period. Triumph Capital Management acquired a new stake in shares of B&G Foods in the 3rd quarter valued at about $34,000. Federated Hermes Inc. bought a new stake in B&G Foods in the 2nd quarter valued at about $35,000. Integrated Wealth Concepts LLC bought a new stake in B&G Foods in the 3rd quarter valued at about $45,000. Finally, NCM Capital Management LLC acquired a new position in B&G Foods during the 3rd quarter worth approximately $46,000. 66.15% of the stock is currently owned by institutional investors and hedge funds.

B&G Foods Company Profile

B&G Foods, Inc is a packaged foods holding company that develops, markets and distributes a diversified portfolio of branded shelf-stable and frozen food products. Headquartered in Parsippany, New Jersey, the company serves retail and foodservice customers across the United States and Canada. Through its network of manufacturing facilities, third-party co-packers and distribution partners, B&G Foods supplies grocery chains, mass merchandisers, club stores and e-commerce platforms.

The company's product portfolio spans multiple categories, including vegetables, beans, soups, sauces and condiments, snacks, cereals and refrigerated or frozen offerings.

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