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S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
NYSE:BGS

B&G Foods Stock Forecast, Price & News

$23.99
-0.17 (-0.70%)
(As of 07/5/2022 12:00 AM ET)
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Today's Range
$23.55
$24.14
50-Day Range
$21.50
$27.90
52-Week Range
$21.05
$34.27
Volume
820,767 shs
Average Volume
1.07 million shs
Market Capitalization
$1.65 billion
P/E Ratio
24.73
Dividend Yield
7.86%
Price Target
$27.00

B&G Foods MarketRank™ Forecast

Analyst Rating
Hold
1.50 Rating Score
Upside/​Downside
12.5% Upside
$27.00 Price Target
Short Interest
Bearish
17.03% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.64
Upright™ Environmental Score
News Sentiment
0.32mentions of B&G Foods in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.88%
From $1.65 to $1.78 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.80 out of 5 stars

Consumer Staples Sector

97th out of 195 stocks

Food & Kindred Products Industry

13th out of 20 stocks

30 days | 90 days | 365 days | Advanced Chart

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B&G Foods logo

About B&G Foods (NYSE:BGS) Stock

B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company's products include frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, baking powder and soda, corn starch, cookies and crackers, nut clusters, and other specialty products. It 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, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, McCann's, Molly McButter, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Rumford, Sa-són, Sclafani, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, and Weber and Wright's. The company also sells, markets, and distributes household products under the Static Guard brand. It sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, foodservice 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 1822 and is headquartered in Parsippany, New Jersey.

BGS Stock News Headlines

B&G Foods (NYSE:BGS) Shares Gap Down to $24.88
BGS Breaks Above 8% Yield Territory
B&G Foods, Inc. (NYSE:BGS) Announces $0.48 Quarterly Dividend
Piper Sandler Upgrades B&G Foods (NYSE:BGS) to "Neutral"
New Strong Sell Stocks for May 9th
Earnings Preview: B&G Foods
B&G Foods: Q4 Earnings Insights
See More Headlines

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
CUSIP
05508R10
Employees
2,847
Year Founded
N/A

Company Calendar

Ex-Dividend for 5/2 Dividend
3/30/2022
Dividend Payable
5/02/2022
Last Earnings
5/05/2022
Ex-Dividend for 8/1 Dividend
6/29/2022
Today
7/06/2022
Dividend Payable
8/01/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$27.00
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
+12.5%
Consensus Rating
Hold
Rating Score (0-4)
1.5
Research Coverage
2 Analysts

Profitability

Net Income
$67.36 million
Pretax Margin
4.27%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$3.80 per share
Book Value
$14.18 per share

Miscellaneous

Free Float
67,025,000
Market Cap
$1.65 billion
Optionable
Optionable
Beta
0.26














B&G Foods Frequently Asked Questions

Should I buy or sell B&G Foods stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for B&G Foods in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" B&G Foods stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BGS, but not buy additional shares or sell existing shares.
View analyst ratings for B&G Foods
or view top-rated stocks.

What is B&G Foods' stock price forecast for 2022?

2 Wall Street analysts have issued 12-month target prices for B&G Foods' shares. Their BGS stock forecasts range from $23.00 to $32.00. On average, they expect B&G Foods' share price to reach $27.00 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
View analysts' price targets for B&G Foods
or view top-rated stocks among Wall Street analysts.

How has B&G Foods' stock price performed in 2022?

B&G Foods' stock was trading at $30.73 at the start of the year. Since then, BGS shares have decreased by 21.9% and is now trading at $23.99.
View the best growth stocks for 2022 here
.

When is B&G Foods' next earnings date?

B&G Foods is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for B&G Foods
.

How were B&G Foods' earnings last quarter?

B&G Foods, Inc. (NYSE:BGS) issued its earnings results on Thursday, May, 5th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.39 by $0.05. The company had revenue of $532.41 million for the quarter, compared to analyst estimates of $512.02 million. B&G Foods had a net margin of 3.08% and a trailing twelve-month return on equity of 12.91%. The business's quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 earnings per share.
View B&G Foods' earnings history
.

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 Tuesday, May 17th. Investors of record on Thursday, June 30th will be given a dividend of $0.475 per share on Monday, August 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 7.92%. The ex-dividend date is Wednesday, June 29th.
View B&G Foods' dividend history
.

Is B&G Foods a good dividend stock?

B&G Foods(NYSE:BGS) pays an annual dividend of $1.90 per share and currently has a dividend yield of 7.86%. BGS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of B&G Foods is 195.88%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, B&G Foods will have a dividend payout ratio of 106.74% in the coming year. This indicates that B&G Foods may not be able to sustain their current dividend.
View B&G Foods' dividend history.

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

B&G Foods issued an update on its FY 2022 earnings guidance on Thursday, May, 26th. The company provided earnings per share guidance of $1.65-$1.75 for the period, compared to the consensus estimate of $1.74. The company issued revenue guidance of $2.10 billion-$2.14 billion, compared to the consensus revenue estimate of $2.10 billion.

Who are B&G Foods' key executives?

B&G Foods' management team includes the following people:
  • Mr. Kenneth Charles Keller Jr., Pres, CEO & Director (Age 60, Pay $1.29M)
  • Mr. Bruce C. Wacha, CFO & Exec. VP of Fin. (Age 50, Pay $570.84k)
  • Mr. Scott E. Lerner, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 49, Pay $602.22k)
  • Mr. Erich A. Fritz, Exec. VP & Chief Supply Chain Officer (Age 71, Pay $509.5k)
  • Mr. Jordan E. Greenberg, Exec. VP & Chief Commercial Officer (Age 54, Pay $473.09k)
  • Mr. Michael D. Adasczik, VP of Fin. & Chief Accounting Officer (Age 48)
  • Mr. Eric H. Hart, Exec. VP of HR & Chief HR Officer (Age 55)
  • Ms. Ellen M. Schum, Exec. VP & Chief Customer Officer (Age 56)
  • Sarah Jarolem, Sr. Director of Corp. Strategy & Bus. Devel.

What is David L. Wenner's approval rating as B&G Foods' CEO?

15 employees have rated B&G Foods CEO David L. Wenner on Glassdoor.com. David L. Wenner has an approval rating of 41% among B&G Foods' employees. This puts David L. Wenner in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Cisco Systems (CSCO), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Intel (INTC), General Electric (GE), Johnson & Johnson (JNJ), Bank of America (BAC) and Bristol-Myers Squibb (BMY).

What is B&G Foods' stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is B&G Foods' stock price today?

One share of BGS stock can currently be purchased for approximately $23.99.

How much money does B&G Foods make?

B&G Foods (NYSE:BGS) has a market capitalization of $1.65 billion and generates $2.06 billion in revenue each year. The company earns $67.36 million in net income (profit) each year or $0.97 on an earnings per share basis.

How many employees does B&G Foods have?

B&G Foods employs 2,847 workers across the globe.

How can I contact B&G Foods?

B&G Foods' mailing address is FOUR GATEHALL DRIVE SUITE 110, PARSIPPANY NJ, 07054. The official website for B&G Foods is www.bgfoods.com. The company can be reached via phone at (973) 401-6500 or via fax at 973-401-6543.

This page (NYSE:BGS) was last updated on 7/6/2022 by MarketBeat.com Staff

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