Conagra Brands (NYSE:CAG) Announces FY 2027 Earnings Guidance

Key Points

• Conagra Brands guided FY 2027 EPS to $1.40–$1.50, broadly in line with the $1.44 analyst consensus. Analysts expect about $1.45 in EPS for the current year.
• Analyst sentiment remains cautious, with a consensus “Reduce” rating, an average price target of $14.13, and ratings comprising one Buy, eleven Holds, and six Sells.
• The company reported quarterly EPS of $0.47, slightly ahead of estimates, while revenue rose 3.6% year over year to $2.88 billion. Conagra also announced a quarterly dividend of $0.175 per share, equal to a 5.0% annualized yield.

Conagra Brands (NYSE:CAG - Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.400-1.500 for the period, compared to the consensus estimate of 1.440. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Evercore set a $13.00 price target on shares of Conagra Brands in a research note on Tuesday. Morgan Stanley dropped their price objective on Conagra Brands from $15.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Friday, June 5th. Sanford C. Bernstein restated an "underperform" rating and issued a $12.00 price objective (down from $16.00) on shares of Conagra Brands in a report on Wednesday, June 3rd. UBS Group raised their target price on Conagra Brands from $13.00 to $14.00 and gave the company a "neutral" rating in a research note on Thursday, July 16th. Finally, Barclays boosted their price target on shares of Conagra Brands from $16.00 to $17.00 and gave the stock an "overweight" rating in a research report on Friday, July 17th. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $14.13.

Conagra Brands Price Performance

CAG stock opened at $14.11 on Wednesday. The firm has a 50-day moving average of $15.26 and a two-hundred day moving average of $14.62. The company has a current ratio of 0.90, a quick ratio of 0.31 and a debt-to-equity ratio of 1.02. Conagra Brands has a one year low of $12.53 and a one year high of $20.32. The firm has a market capitalization of $6.75 billion, a PE ratio of -3.53 and a beta of -0.01.

Conagra Brands (NYSE:CAG - Get Free Report) last issued its earnings results on Wednesday, July 15th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.46 by $0.01. The business had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.89 billion. Conagra Brands had a positive return on equity of 10.44% and a negative net margin of 16.99%.Conagra Brands's revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.56 earnings per share. Conagra Brands has set its FY 2027 guidance at 1.400-1.500 EPS. On average, analysts forecast that Conagra Brands will post 1.45 earnings per share for the current year.

Conagra Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 5th will be paid a dividend of $0.1750 per share. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.0%. Conagra Brands's dividend payout ratio (DPR) is -17.50%.

Key Conagra Brands News

Here are the key news stories impacting Conagra Brands this week:

• Positive Sentiment: Expectations were subdued heading into the report, creating the possibility of an upside surprise if Conagra delivers better-than-expected earnings, stabilizes sales or maintains its fiscal 2027 guidance. Options data indicated a modestly positive potential post-earnings move. Conagra Brands's Next Earnings Report on Sep. 30 2026 Could Send the Stock Soaring
• Positive Sentiment: Analysts expected productivity initiatives, brand support and cost actions to offset at least some of the pressure from inflation, tariffs and weak category trends. Evidence that these measures are improving profitability could support the shares. Conagra Brands Readies for Q1 Earnings
• Neutral Sentiment: Shareholders approved the board, auditor and governance proposals at the September 23 annual meeting. The outcome provides continuity but was not a major operating catalyst. Conagra Shareholders Back Board, Auditor and Governance Changes
• Neutral Sentiment: The Conagra Brands Foundation announced $350,000 in community grants. The initiative may benefit the company’s reputation but is unlikely to materially affect near-term valuation. Conagra Brands Foundation Invests $350,000 in Local Communities
• Negative Sentiment: Pre-earnings coverage highlighted expectations for a first-quarter sales decline, with forecasts near $2.59 billion in revenue and $0.31 in EPS, while citing mounting margin pressure. Lower consumer demand, inflation and tariff-related costs remain key risks. Conagra Brands Fiscal Q1 Earnings Preview

About Conagra Brands

Conagra Brands, Inc is a packaged food company headquartered in Chicago, Illinois. The company develops, produces and markets branded food products sold through grocery stores, mass merchandisers, club stores, convenience stores, foodservice operators and e-commerce channels.

Its portfolio includes frozen, refrigerated, grocery and snack products. Well-known brands include Birds Eye, Healthy Choice, Marie Callender's, Banquet, Duncan Hines, Reddi-wip, Slim Jim, Hunt's, Chef Boyardee, Orville Redenbacher's, Vlasic, PAM and Angie's BOOMCHICKAPOP.

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