NYSE:BGS - B&G Foods Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$24.64 -0.11 (-0.44 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$24.75
Today's Range$24.49 - $25.03
52-Week Range$21.92 - $33.50
Volume739,600 shs
Average Volume943,171 shs
Market Capitalization$1.61 billion
P/E Ratio13.32
Dividend Yield7.68%
Beta0.41
B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods in the United States, Canada, and Puerto Rico. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegars, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, cookies and crackers, nut clusters, and other specialty products. The company markets its products under various brands, including Ac'cent, B&G, B&M, Back to Nature, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, Molly McButter, Mrs. Dash, New York Flatbreads, New York Style, Old London, Original Tings, Ortega, Pirate's Booty, Polaner, Red Devil, Regina, Sa-són, Sclafani, Smart Puffs, SnackWell's, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, Weber, and Wright's. It also sells, markets, and distributes household products under the Static Guard brand. B&G Foods, Inc. sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, food service outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1996 and is headquartered in Parsippany, New Jersey.

Receive BGS News and Ratings via Email

Sign-up to receive the latest news and ratings for BGS and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
CUSIP05508R10
Phone973-401-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.70 billion
Cash Flow$2.7873 per share
Book Value$13.65 per share

Profitability

Net Income$172.43 million

Miscellaneous

Employees2,675
Market Cap$1.61 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

B&G Foods (NYSE:BGS) Frequently Asked Questions

What is B&G Foods' stock symbol?

B&G Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGS."

How often does B&G Foods pay dividends? What is the dividend yield for B&G Foods?

B&G Foods declared a quarterly dividend on Monday, February 25th. Shareholders of record on Friday, March 29th will be given a dividend of $0.475 per share on Tuesday, April 30th. This represents a $1.90 annualized dividend and a yield of 7.71%. The ex-dividend date of this dividend is Thursday, March 28th. View B&G Foods' Dividend History.

How will B&G Foods' stock buyback program work?

B&G Foods declared that its Board of Directors has authorized a stock buyback program on Wednesday, March 14th 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

How were B&G Foods' earnings last quarter?

B&G Foods, Inc. (NYSE:BGS) posted its quarterly earnings data on Tuesday, February, 26th. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.16. The firm earned $458.10 million during the quarter, compared to analyst estimates of $463.44 million. B&G Foods had a return on equity of 14.13% and a net margin of 10.14%. The company's revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 EPS. View B&G Foods' Earnings History.

When is B&G Foods' next earnings date?

B&G Foods is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for B&G Foods.

What guidance has B&G Foods issued on next quarter's earnings?

B&G Foods issued an update on its FY19 earnings guidance on Tuesday, February, 26th. The company provided earnings per share (EPS) guidance of $1.85-2.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.03. The company issued revenue guidance of $1.635-1.665 billion, compared to the consensus revenue estimate of $1.65 billion.B&G Foods also updated its FY 2019 guidance to $1.85-2.00 EPS.

What price target have analysts set for BGS?

9 brokerages have issued 12-month target prices for B&G Foods' stock. Their forecasts range from $19.00 to $39.00. On average, they expect B&G Foods' share price to reach $28.0625 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for B&G Foods.

What is the consensus analysts' recommendation for B&G Foods?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for B&G Foods in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for B&G Foods.

Has B&G Foods been receiving favorable news coverage?

Headlines about BGS stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. B&G Foods earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next few days.

Who are some of B&G Foods' key competitors?

What other stocks do shareholders of B&G Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other B&G Foods investors own include AT&T (T), General Electric (GE), Intel (INTC), Bank of America (BAC), Altria Group (MO), QUALCOMM (QCOM), Cisco Systems (CSCO), Alibaba Group (BABA), Macquarie Infrastructure (MIC) and Pfizer (PFE).

Who are B&G Foods' key executives?

B&G Foods' management team includes the folowing people:
  • Mr. Robert C. Cantwell, Pres, CEO & Director (Age 62)
  • Mr. Bruce C. Wacha, CFO & Exec. VP of Fin. (Age 47)
  • Mr. Scott E. Lerner, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 46)
  • Ms. Vanessa E. Maskal, Exec. VP of Sales & Marketing (Age 62)
  • Mr. William F. Herbes, Exec. VP of Operations (Age 64)

Who are B&G Foods' major shareholders?

B&G Foods' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.49%), Principal Financial Group Inc. (8.83%), Ceredex Value Advisors LLC (4.56%), Diamond Hill Capital Management Inc. (3.45%), Dimensional Fund Advisors LP (2.60%) and Bank of New York Mellon Corp (2.08%). Company insiders that own B&G Foods stock include Bruce C Wacha, Cheryl M Palmer, Deann L Brunts, Kenneth G Romanzi, Robert C Cantwell and Vanessa E Maskal. View Institutional Ownership Trends for B&G Foods.

Which major investors are selling B&G Foods stock?

BGS stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., FMR LLC, Diamond Hill Capital Management Inc., Wedge Capital Management L L P NC, Deprince Race & Zollo Inc., Ceredex Value Advisors LLC, Gotham Asset Management LLC and Millennium Management LLC. View Insider Buying and Selling for B&G Foods.

Which major investors are buying B&G Foods stock?

BGS stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Peregrine Capital Management LLC, Bank of America Corp DE, BlackRock Inc., Phocas Financial Corp., Geode Capital Management LLC and Geode Capital Management LLC. Company insiders that have bought B&G Foods stock in the last two years include Bruce C Wacha, Deann L Brunts, Kenneth G Romanzi and Robert C Cantwell. View Insider Buying and Selling for B&G Foods.

How do I buy shares of B&G Foods?

Shares of BGS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is B&G Foods' stock price today?

One share of BGS stock can currently be purchased for approximately $24.64.

How big of a company is B&G Foods?

B&G Foods has a market capitalization of $1.61 billion and generates $1.70 billion in revenue each year. The company earns $172.43 million in net income (profit) each year or $1.85 on an earnings per share basis. B&G Foods employs 2,675 workers across the globe.

What is B&G Foods' official website?

The official website for B&G Foods is http://www.bgfoods.com.

How can I contact B&G Foods?

B&G Foods' mailing address is FOUR GATEHALL DRIVE SUITE 110, PARSIPPANY NJ, 07054. The company can be reached via phone at 973-401-6500.


MarketBeat Community Rating for B&G Foods (NYSE BGS)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  425 (Vote Underperform)
Total Votes:  747
MarketBeat's community ratings are surveys of what our community members think about B&G Foods and other stocks. Vote "Outperform" if you believe BGS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

Featured Article: Diversification

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel