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

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

B&G Foods announced a quarterly dividend on Tuesday, October 29th. Investors of record on Tuesday, December 31st will be given a dividend of $0.475 per share on Thursday, January 30th. This represents a $1.90 annualized dividend and a yield of 12.12%. The ex-dividend date is Monday, December 30th. View B&G Foods' Dividend History.

B&G Foods declared that its board has authorized a share buyback plan on Wednesday, March 14th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

B&G Foods, Inc. (NYSE:BGS) issued its earnings results on Thursday, October, 31st. The company reported $0.54 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.03. The company had revenue of $406.30 million for the quarter, compared to analyst estimates of $405.65 million. B&G Foods had a net margin of 10.80% and a return on equity of 12.70%. The business's revenue was down 3.9% on a year-over-year basis. During the same period last year, the business posted $0.57 EPS. View B&G Foods' Earnings History.

B&G Foods is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for B&G Foods.

B&G Foods issued an update on its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share guidance of $1.65-1.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.82. The company issued revenue guidance of $1.66 billion, compared to the consensus revenue estimate of prior $1.85-2.00.

7 analysts have issued 12-month price targets for B&G Foods' shares. Their forecasts range from $16.00 to $29.00. On average, they anticipate B&G Foods' stock price to reach $20.14 in the next twelve months. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Price Targets for B&G Foods.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for B&G Foods in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for B&G Foods.

Press coverage about BGS stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. B&G Foods earned a news impact score of -1.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for B&G Foods.

B&G Foods saw a decline in short interest in the month of December. As of December 13th, there was short interest totalling 25,810,000 shares, a decline of 7.6% from the November 28th total of 27,930,000 shares. Based on an average daily volume of 1,270,000 shares, the short-interest ratio is currently 20.3 days. Currently, 41.3% of the shares of the stock are sold short. View B&G Foods' Current Options Chain.

Some companies that are related to B&G Foods include Mondelez International (MDLZ), Tyson Foods (TSN), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), Kellogg (K), MCCORMICK & CO /SH (MKC), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Seaboard (SEB), Flowers Foods (FLO) and Lancaster Colony (LANC).

Based on aggregate information from My MarketBeat watchlists, some companies that other B&G Foods investors own include General Electric (GE), AT&T (T), Bank of America (BAC), Macquarie Infrastructure (MIC), Cisco Systems (CSCO), Intel (INTC), Altria Group (MO), AbbVie (ABBV), Verizon Communications (VZ) and Energy Transfer LP Unit (ET).

B&G Foods' stock is owned by a number of of institutional and retail investors. Top institutional investors include Gilman Hill Asset Management LLC (0.25%), Nisa Investment Advisors LLC (0.11%), 6 Meridian (0.09%), State of Alaska Department of Revenue (0.08%), Measured Wealth Private Client Group LLC (0.04%) and Inlet Private Wealth LLC (0.04%). 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.

BGS stock was sold by a variety of institutional investors in the last quarter, including Inlet Private Wealth LLC, Nisa Investment Advisors LLC, Measured Wealth Private Client Group LLC, Louisiana State Employees Retirement System, State of Alaska Department of Revenue and Good Life Advisors LLC. View Insider Buying and Selling for B&G Foods.

BGS stock was purchased by a variety of institutional investors in the last quarter, including 6 Meridian, Gilman Hill Asset Management LLC, Diversified Trust Co and Hanson & Doremus Investment Management. 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.

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, Robinhood, Fidelity and Charles Schwab.

One share of BGS stock can currently be purchased for approximately $15.68.

B&G Foods has a market capitalization of $1.00 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.View Additional Information About B&G Foods.

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

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.