NYSE:CAG

Conagra Brands Stock Forecast, Price & News

$37.44
-0.09 (-0.24 %)
(As of 04/13/2021 01:21 PM ET)
Add
Compare
Today's Range
$37.37
Now: $37.44
$37.63
50-Day Range
$33.93
MA: $36.55
$38.69
52-Week Range
$31.55
Now: $37.44
$39.34
Volume70,298 shs
Average Volume4.08 million shs
Market Capitalization$18.29 billion
P/E Ratio16.49
Dividend Yield3.04%
Beta0.86
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature controlled food products in various retail channels in the United States. The International segment offers food products in various temperature states in retail and foodservice channels outside of the United States. The Foodservice segment offers food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company sells its products under the Birds Eye, Marie Callender's, Banquet, Healthy Choice, Slim Jim, Reddi-wip, Vlasic, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, Frontera, Chef Boyardee, and Alexia brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.
Conagra Brands logo

Industry, Sector and Symbol

Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
CUSIP20588710
Phone312-549-5000
Employees16,500
Year Founded1919

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.05 billion
Cash Flow$3.42 per share
Book Value$16.32 per share

Profitability

Net Income$840.10 million

Miscellaneous

Market Cap$18.29 billion
Next Earnings Date6/29/2021 (Estimated)
OptionableOptionable

Headlines

Conagra Brands: Debt Insights
April 9, 2021 |  benzinga.com
Conagra Brands Sees Q4 Profit In Line With View - Quick Facts
April 8, 2021 |  markets.businessinsider.com
Conagra Brands (NYSE:CAG) Shares Gap Down to $37.24
April 8, 2021 |  americanbankingnews.com
Recap: Conagra Brands Q3 Earnings
April 8, 2021 |  benzinga.com
Conagra Brands (NYSE:CAG) Updates Q4 Earnings Guidance
April 8, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.87 out of 5 stars

Consumer Staples Sector

42nd out of 300 stocks

Food & Kindred Products Industry

3rd out of 23 stocks

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$37.44
-0.09 (-0.24 %)
(As of 04/13/2021 01:21 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CAG News and Ratings via Email

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

speech bubbles
speech bubbles











Conagra Brands (NYSE:CAG) Frequently Asked Questions

Is Conagra Brands a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Conagra Brands stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAG, but not buy additional shares or sell existing shares.
View analyst ratings for Conagra Brands
or view top-rated stocks.

What stocks does MarketBeat like better than Conagra Brands?

Wall Street analysts have given Conagra Brands 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 Conagra Brands wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Conagra Brands' next earnings date?

Conagra Brands is scheduled to release its next quarterly earnings announcement on Tuesday, June 29th 2021.
View our earnings forecast for Conagra Brands
.

How were Conagra Brands' earnings last quarter?

Conagra Brands, Inc. (NYSE:CAG) announced its earnings results on Wednesday, April, 7th. The company reported $0.59 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.58 by $0.01. The firm earned $2.77 billion during the quarter, compared to analysts' expectations of $2.72 billion. Conagra Brands had a trailing twelve-month return on equity of 16.50% and a net margin of 9.67%. The company's quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the firm posted $0.47 EPS.
View Conagra Brands' earnings history
.

How has Conagra Brands' stock been impacted by Coronavirus?

Conagra Brands' stock was trading at $26.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CAG shares have increased by 39.6% and is now trading at $37.44.
View which stocks have been most impacted by COVID-19
.

How often does Conagra Brands pay dividends? What is the dividend yield for Conagra Brands?

Conagra Brands declared a quarterly dividend on Friday, December 11th. Investors of record on Friday, January 29th will be given a dividend of $0.275 per share on Wednesday, March 3rd. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend is Thursday, January 28th.
View Conagra Brands' dividend history
.

Is Conagra Brands a good dividend stock?

Conagra Brands pays an annual dividend of $1.10 per share and currently has a dividend yield of 3.04%. Conagra Brands does not yet have a strock track record of dividend growth. The dividend payout ratio of Conagra Brands is 48.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Conagra Brands will have a dividend payout ratio of 42.15% next year. This indicates that Conagra Brands will be able to sustain or increase its dividend.
View Conagra Brands' dividend history.

What guidance has Conagra Brands issued on next quarter's earnings?

Conagra Brands issued an update on its FY22 earnings guidance on Thursday, April, 8th. The company provided EPS guidance of $2.63-2.73 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.60.

What price target have analysts set for CAG?

6 brokerages have issued 1 year price objectives for Conagra Brands' shares. Their forecasts range from $34.00 to $41.00. On average, they expect Conagra Brands' stock price to reach $37.00 in the next year. This suggests that the stock has a possible downside of 1.2%.
View analysts' price targets for Conagra Brands
or view top-rated stocks among Wall Street analysts.

Who are Conagra Brands' key executives?

Conagra Brands' management team includes the following people:
  • Mr. Sean M. Connolly, Pres, CEO & Director (Age 56, Pay $4.25M)
  • Mr. David S. Marberger, Exec. VP & CFO (Age 56, Pay $1.86M) (LinkedIn Profile)
  • Mr. Thomas M. McGough, Co-COO & Exec. VP (Age 56, Pay $1.74M) (LinkedIn Profile)
  • Mr. Darren C. Serrao, Co-COO & Exec. VP (Age 54, Pay $1.5M) (LinkedIn Profile)
  • Ms. Colleen R. Batcheler, Exec. VP, Gen. Counsel & Corp. Sec. (Age 47, Pay $1.45M)
  • Ms. Mindy Simon, Chief Information Officer (LinkedIn Profile)
  • Mr. Brian Kearney, Head of Investor Relations
  • Mr. Jonathan J. Harris, Chief Communications Officer & Sr. VP (Age 53) (LinkedIn Profile)
  • Ms. Charisse Brock, Exec. VP & Chief HR Officer (Age 59) (LinkedIn Profile)
  • Mr. Stephen J. Tibey, Sr. VP of Supply Chain Management (Age 72)

What is Sean Connolly's approval rating as Conagra Brands' CEO?

381 employees have rated Conagra Brands CEO Sean Connolly on Glassdoor.com. Sean Connolly has an approval rating of 83% among Conagra Brands' employees.

Who are some of Conagra Brands' key competitors?

What other stocks do shareholders of Conagra Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conagra Brands investors own include Johnson & Johnson (JNJ), Pfizer (PFE), Intel (INTC), AT&T (T), The Walt Disney (DIS), Cisco Systems (CSCO), NVIDIA (NVDA), The Procter & Gamble (PG), General Electric (GE) and Verizon Communications (VZ).

What is Conagra Brands' stock symbol?

Conagra Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAG."

Who are Conagra Brands' major shareholders?

Conagra Brands' stock is owned by a number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.18%), LVM Capital Management Ltd. MI (0.04%), Royal London Asset Management Ltd. (0.04%), F&V Capital Management LLC (0.02%), Old Port Advisors (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Conagra Brands stock include Colleen Batcheler, Craig P Omtvedt, David Biegger, Jana Partners Llc, Joie A Gregor, Richard H Lenny, Robert G Wise, Ruth Ann Marshall, Thomas K Brown and Thomas M Mcgough.
View institutional ownership trends for Conagra Brands
.

Which institutional investors are selling Conagra Brands stock?

CAG stock was sold by a variety of institutional investors in the last quarter, including F&V Capital Management LLC, First National Bank of Mount Dora Trust Investment Services, Pacer Advisors Inc., Old Port Advisors, LVM Capital Management Ltd. MI, and State of Alaska Department of Revenue. Company insiders that have sold Conagra Brands company stock in the last year include Colleen Batcheler, David Biegger, Jana Partners Llc, Joie A Gregor, Robert G Wise, and Thomas M Mcgough.
View insider buying and selling activity for Conagra Brands
or view top insider-selling stocks.

Which institutional investors are buying Conagra Brands stock?

CAG stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Everence Capital Management Inc., Royal London Asset Management Ltd., Fulcrum Equity Management, Home Federal Bank of Tennessee, Phoenix Wealth Advisors, Edge Wealth Management LLC, and Valeo Financial Advisors LLC. Company insiders that have bought Conagra Brands stock in the last two years include Craig P Omtvedt, Joie A Gregor, and Richard H Lenny.
View insider buying and selling activity for Conagra Brands
or or view top insider-buying stocks.

How do I buy shares of Conagra Brands?

Shares of CAG 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 Conagra Brands' stock price today?

One share of CAG stock can currently be purchased for approximately $37.44.

How much money does Conagra Brands make?

Conagra Brands has a market capitalization of $18.29 billion and generates $11.05 billion in revenue each year. The company earns $840.10 million in net income (profit) each year or $2.28 on an earnings per share basis.

How many employees does Conagra Brands have?

Conagra Brands employs 16,500 workers across the globe.

Does Conagra Brands have any subsidiaries?

The following companies are subsidiares of Conagra Brands: Agro Tech Foods, Alexia Foods, American Pie - Assets, Angie's Artisan Treats, Angie's Artisan Treats LLC, Bertolli, Birds Eye Foods LLC, Blake's All Natural Foods, Boulder Brands USA Inc., Capitol Milling Co., ConAgra Foods AM Holding S.a.r.l., ConAgra Foods Canada Inc. / Aliments ConAgra Canada Inc., ConAgra Foods Enterprise Services Inc., ConAgra Foods Packaged Foods LLC, ConAgra Foods RDM Inc., ConAgra Foods Sales LLC, ConAgra Funding LLC, Del Monte Canada, Egg Beaters, Elan Nutrition, Fernando's Foods Corporation, Frontera Foods, GoodMark Foods, Holly Ridge Foods Inc., International Home Foods, Kennedy Endeavors Incorporated, Lightlife Foods, Lincoln Snacks, Litton Industries - Emerge, National Pretzel Company, Odom's Tennessee Pride, Pinnacle Foods, Pinnacle Foods Group LLC, Ralcorp, Sandwich Bros. of Wisconsin, Saroni Sugar & Rice, Signature Foods, TaiMei Potato, Thanasi Foods, Twin City Foods - Assets, and Watts Brothers.

When was Conagra Brands founded?

Conagra Brands was founded in 1919.

What is Conagra Brands' official website?

The official website for Conagra Brands is www.conagrabrands.com.

Where are Conagra Brands' headquarters?

Conagra Brands is headquartered at 222 W. MERCHANDISE MART PLAZA SUITE 1300, CHICAGO IL, 60654.

How can I contact Conagra Brands?

Conagra Brands' mailing address is 222 W. MERCHANDISE MART PLAZA SUITE 1300, CHICAGO IL, 60654. The company can be reached via phone at 312-549-5000 or via email at [email protected]


This page was last updated on 4/13/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.