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

Key Points

• FY 2026 guidance is above analyst expectations: B&G Foods forecast EPS of $0.575–$0.675 versus a $0.57 consensus and revenue of about $1.8 billion versus $1.7 billion expected.
• Recent quarterly results beat estimates: Third-quarter EPS was $0.21 versus $0.15 expected, while revenue of $459.8 million topped forecasts and rose 4.7% year over year.
• The company aims to reduce leverage to below 6x by mid-2027; analyst sentiment remains cautious, with MarketBeat reporting an average “Sell” rating.

B&G Foods (NYSE:BGS - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.575-0.675 for the period, compared to the consensus earnings per share estimate of 0.570. The company issued revenue guidance of $1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

B&G Foods Stock Up 30.3%

BGS stock opened at $3.47 on Wednesday. The stock has a market cap of $281.72 million, a P/E ratio of -3.89 and a beta of 0.56. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 5.08. The stock's fifty day simple moving average is $2.71 and its two-hundred day simple moving average is $4.02. B&G Foods has a 1-year low of $1.99 and a 1-year high of $6.38.

B&G Foods (NYSE:BGS - Get Free Report) last released its earnings results on Tuesday, November 10th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.06. The company had revenue of $459.78 million for the quarter, compared to analysts' expectations of $435.00 million. B&G Foods had a positive return on equity of 10.74% and a negative net margin of 4.00%. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 EPS. Analysts expect that B&G Foods will post 0.57 EPS for the current year.

B&G Foods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 26th. Stockholders of record on Thursday, December 31st will be paid a dividend of $0.0950 per share. The ex-dividend date is Thursday, December 31st. This represents a $0.38 annualized dividend and a dividend yield of 11.0%. B&G Foods's dividend payout ratio (DPR) is presently -42.70%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. TD Cowen lowered their price target on shares of B&G Foods from $4.00 to $3.00 and set a "sell" rating on the stock in a report on Wednesday, August 12th. Evercore set a $4.50 price objective on B&G Foods in a report on Wednesday, August 12th. Weiss Ratings downgraded B&G Foods from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Thursday, October 8th. Jefferies Financial Group set a $4.00 target price on B&G Foods in a research report on Wednesday, July 22nd. Finally, Barclays lowered their target price on B&G Foods from $4.50 to $3.00 and set an "equal weight" rating on the stock in a research note on Friday, October 16th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Sell" and an average price target of $3.62.

B&G Foods News Roundup

Here are the key news stories impacting B&G Foods this week:

• Positive Sentiment: Third-quarter adjusted EPS was $0.21, topping the $0.15 consensus estimate, while sales of $459.8 million exceeded the $435 million estimate and grew 4.7% year over year. B&G Foods Reports Financial Results for Third Quarter 2026
• Positive Sentiment: The company lifted its 2026 net-sales outlook to $1.76 billion–$1.8 billion, signaling improved expectations for the full year. It also aims to bring leverage below 6x by mid-2027, a potentially favorable longer-term step if achieved. B&G Foods targets lower leverage and lifts sales outlook
• Neutral Sentiment: The leverage target is forward-looking; investors will likely watch for evidence that B&G Foods can execute on debt reduction while sustaining sales growth.

B&G Foods Company Profile

B&G Foods, Inc. is a branded food company headquartered in Parsippany, New Jersey. The company manufactures, sells and distributes a portfolio of shelf-stable, frozen and specialty food products through grocery stores, mass merchandisers, club stores, foodservice distributors and e-commerce channels. Its products include vegetables, beans, pickles, condiments, sauces, spices, seasonings, baking products, hot cereals, snacks and frozen foods. B&G Foods' brand portfolio has included Ortega Mexican foods, Cream of Wheat, Mrs. Dash, Maple Grove Farms, Polaner, Cary's, Las Palmas, Underwood and B&G pickles, among other consumer food brands.

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