NYSE:BGS

B&G Foods Stock Forecast, Price & News

$29.67
+0.36 (+1.23 %)
(As of 05/6/2021 11:03 AM ET)
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Today's Range
$29.42
$29.88
50-Day Range
$28.98
$33.44
52-Week Range
$19.87
$47.84
Volume11,244 shs
Average Volume1.87 million shs
Market Capitalization$1.92 billion
P/E Ratio14.69
Dividend Yield6.48%
Beta0.5
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Industry, Sector and Symbol

Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
CUSIP05508R10
Phone973-401-6500
Employees3,207
Year FoundedN/A

Sales & Book Value

Annual Sales$1.66 billion
Cash Flow$3.06 per share
Book Value$12.69 per share

Profitability

Net Income$76.39 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$1.92 billion
Next Earnings Date5/11/2021 (Confirmed)
OptionableOptionable

Headlines

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B&G Foods logo

About B&G Foods

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, oatmeal and other 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, 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, Farmwise, Grandma's Molasses, Green Giant, JJ Flats, 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, SnackWell's, 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, 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 1822 and is headquartered in Parsippany, New Jersey.

MarketRank

Overall MarketRank

1.65 out of 5 stars

Consumer Staples Sector

66th out of 301 stocks

Food & Kindred Products Industry

5th out of 23 stocks

Analyst Opinion: 0.9Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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B&G Foods (NYSE:BGS) Frequently Asked Questions

Is B&G Foods a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for B&G Foods in the last twelve months. There are currently 1 sell rating and 7 hold ratings 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 stocks does MarketBeat like better than B&G Foods?

Wall Street analysts have given B&G Foods a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but B&G Foods wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is B&G Foods' next earnings date?

B&G Foods is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for B&G Foods
.

How can I listen to B&G Foods' earnings call?

B&G Foods will be holding an earnings conference call on Tuesday, May 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were B&G Foods' earnings last quarter?

B&G Foods, Inc. (NYSE:BGS) announced its quarterly earnings data on Monday, March, 1st. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.44 by $0.09. The firm had revenue of $510.24 million for the quarter, compared to the consensus estimate of $533.46 million. B&G Foods had a net margin of 6.75% and a trailing twelve-month return on equity of 17.25%. The firm's quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.28 earnings per share.
View B&G Foods' earnings history
.

How has B&G Foods' stock been impacted by Coronavirus?

B&G Foods' stock was trading at $15.02 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BGS stock has increased by 95.1% and is now trading at $29.31.
View which stocks have been most impacted by COVID-19
.

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, March 1st. Investors of record on Wednesday, March 31st will be paid a dividend of $0.475 per share on Friday, April 30th. This represents a $1.90 dividend on an annualized basis and a yield of 6.48%. The ex-dividend date is Tuesday, March 30th.
View B&G Foods' dividend history
.

Is B&G Foods a good dividend stock?

B&G Foods pays an annual dividend of $1.90 per share and currently has a dividend yield of 6.48%. BGS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. B&G Foods does not yet have a strock track record of dividend growth. The dividend payout ratio of B&G Foods is 115.85%. 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 78.84% 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 updated its FY 2021 After-Hours earnings guidance on Tuesday, March, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.05-2.1 billion, compared to the consensus revenue estimate of $2.03 billion.

What price target have analysts set for BGS?

8 brokerages have issued 12 month price targets for B&G Foods' shares. Their forecasts range from $23.00 to $31.00. On average, they expect B&G Foods' share price to reach $27.00 in the next twelve months. This suggests that the stock has a possible downside of 7.9%.
View analysts' price targets for B&G Foods
or view top-rated stocks among Wall Street analysts.

Who are B&G Foods' key executives?

B&G Foods' management team includes the following people:
  • Mr. David L. Wenner, Interim Pres, CEO & Director (Age 72, Pay $1M)
  • Mr. Bruce C. Wacha, CFO & Exec. VP of Fin. (Age 49, Pay $1M)
  • Mr. Scott E. Lerner, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 48, Pay $1.1M)
  • Mr. Erich A. Fritz, Exec. VP & Chief Supply Chain Officer (Age 70, Pay $944.39k)
  • Mr. Jordan E. Greenberg, Exec. VP & Chief Commercial Officer (Age 53, Pay $865.49k)
  • Mr. Michael D. Adasczik, VP of Fin. & Chief Accounting Officer (Age 47)
  • Mr. Eric H. Hart, Exec. VP of HR & Chief HR Officer (Age 54)
  • Ms. Ellen M. Schum, Exec. VP & Chief Customer Officer (Age 55)

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.

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), 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."

Who are B&G Foods' major shareholders?

B&G Foods' stock is owned by many different retail and institutional investors. Top institutional investors include Capital Management Corp VA (1.03%), Kornitzer Capital Management Inc. KS (1.00%), Smith Graham & Co. Investment Advisors LP (0.71%), Gilman Hill Asset Management LLC (0.32%), Victory Capital Management Inc. (0.27%) and Commonwealth Equity Services LLC (0.21%). Company insiders that own B&G Foods stock include David L Wenner and Deann L Brunts.
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 Smith Graham & Co. Investment Advisors LP, Capital Management Corp VA, Gilman Hill Asset Management LLC, Secure Asset Management LLC, Hussman Strategic Advisors Inc., Commonwealth Equity Services LLC, Nisa Investment Advisors LLC, and Clear Street Markets LLC.
View insider buying and selling activity for B&G Foods
or view top insider-selling stocks.

Which major investors are buying B&G Foods stock?

BGS stock was acquired by a variety of institutional investors in the last quarter, including Concorde Asset Management LLC, Kornitzer Capital Management Inc. KS, Barnett & Company Inc., Natixis Advisors L.P., LexAurum Advisors LLC, Everence Capital Management Inc., Janney Montgomery Scott LLC, and Stratos Wealth Partners LTD.. Company insiders that have bought B&G Foods stock in the last two years include David L Wenner, and Deann L Brunts.
View insider buying and selling activity for B&G Foods
or or view top insider-buying stocks.

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 $29.31.

How much money does B&G Foods make?

B&G Foods has a market capitalization of $1.90 billion and generates $1.66 billion in revenue each year. The company earns $76.39 million in net income (profit) each year or $1.64 on an earnings per share basis.

How many employees does B&G Foods have?

B&G Foods employs 3,207 workers across the globe.

What is B&G Foods' official website?

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

Where are B&G Foods' headquarters?

B&G Foods is headquartered at FOUR GATEHALL DRIVE SUITE 110, PARSIPPANY NJ, 07054.

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.


This page was last updated on 5/6/2021 by MarketBeat.com Staff
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