NYSE:CAG

Conagra Brands Stock Forecast, Price & News

$35.84
+0.16 (+0.45 %)
(As of 06/21/2021 12:00 AM ET)
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Today's Range
$35.60
$35.96
50-Day Range
$35.68
$38.92
52-Week Range
$32.55
$39.34
Volume2.37 million shs
Average Volume3.61 million shs
Market Capitalization$17.20 billion
P/E Ratio14.75
Dividend Yield3.08%
Beta0.88
30 days | 90 days | 365 days | Advanced Chart
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About Conagra Brands

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.

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MarketRank

Overall MarketRank

1.74 out of 5 stars

Consumer Staples Sector

65th out of 310 stocks

Food & Kindred Products Industry

5th out of 27 stocks

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Conagra Brands (NYSE:CAG) Frequently Asked Questions

Is Conagra Brands a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Conagra Brands wasn't one of them. MarketBeat thinks these five companies 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, July 13th 2021.
View our earnings forecast for Conagra Brands
.

How can I listen to Conagra Brands' earnings call?

Conagra Brands will be holding an earnings conference call on Tuesday, July 13th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Conagra Brands' earnings last quarter?

Conagra Brands, Inc. (NYSE:CAG) announced its quarterly earnings results on Wednesday, April, 7th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.01. The company had revenue of $2.77 billion for the quarter, compared to analysts' expectations of $2.72 billion. Conagra Brands had a trailing twelve-month return on equity of 16.95% and a net margin of 10.15%. Conagra Brands's quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.47 earnings per share.
View Conagra Brands' earnings history
.

How has Conagra Brands' stock been impacted by COVID-19 (Coronavirus)?

Conagra Brands' stock was trading at $26.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CAG shares have increased by 33.7% and is now trading at $35.84.
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 announced a quarterly dividend on Friday, April 16th. Investors of record on Friday, April 30th will be paid a dividend of $0.275 per share on Wednesday, June 2nd. This represents a $1.10 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Thursday, April 29th.
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 3.08%. Conagra Brands does not yet have a strong 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 41.83% 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 updated its fourth quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided EPS guidance of 0.490-0.550 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.510. The company issued revenue guidance of -.

What price target have analysts set for CAG?

6 brokers have issued 12 month price objectives for Conagra Brands' stock. Their forecasts range from $34.00 to $42.00. On average, they expect Conagra Brands' stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price.
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)
  • Mr. Thomas M. McGough, Co-COO & Exec. VP (Age 56, Pay $1.74M)
  • Mr. Darren C. Serrao, Co-COO & Exec. VP (Age 54, Pay $1.5M)
  • Ms. Colleen R. Batcheler, Exec. VP, Gen. Counsel & Corp. Sec. (Age 47, Pay $1.45M)
  • Ms. Mindy Simon, Chief Information Officer
  • Mr. Brian Kearney, Head of Investor Relations
  • Mr. Jonathan J. Harris, Chief Communications Officer & Sr. VP (Age 53)
  • Ms. Charisse Brock, Exec. VP & Chief HR Officer (Age 59)
  • 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.48%), Price T Rowe Associates Inc. MD (4.72%), LSV Asset Management (1.96%), Geode Capital Management LLC (1.77%), Northern Trust Corp (1.20%) and Coho Partners Ltd. (1.11%). 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 Franklin Resources Inc., Retirement Systems of Alabama, Morgan Stanley, Prudential Financial Inc., Neuberger Berman Group LLC, Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., and Brown Advisory Inc.. 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, Thomas K Brown, 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., LSV Asset Management, Arrowstreet Capital Limited Partnership, Wedge Capital Management L L P NC, Janus Henderson Group PLC, Assetmark Inc., Glenmede Trust Co. NA, and DekaBank Deutsche Girozentrale. Company insiders that have bought Conagra Brands stock in the last two years include Craig P Omtvedt, 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 $35.84.

How much money does Conagra Brands make?

Conagra Brands has a market capitalization of $17.20 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, Aliments ConAgra Canada Inc., American Pie - Assets, Angie's Artisan Treats, Angie's Artisan Treats LLC, Bertolli, Blake's All Natural Foods, Capitol Milling Co., ConAgra Foods AM Holding S.a.r.l., ConAgra Foods Canada Inc., ConAgra Foods Enterprise Services Inc., ConAgra Foods Packaged Foods LLC, ConAgra Foods RDM Inc., ConAgra Foods Sales LLC, ConAgra Funding LLC, Conagra G&S (CAG) LLC, Conagra G&S (PF) LLC, Conagra R&F (PF) LLC, Del Monte Canada, Egg Beaters, Elan Nutrition, Fernando's Foods Corporation, Frontera Foods, GoodMark Foods, Holly Ridge Foods Inc., International Home Foods, Lightlife Foods, Lincoln Snacks, Litton Industries - Emerge, National Pretzel Company, Odom's Tennessee Pride, Pinnacle Foods, 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 6/21/2021 by MarketBeat.com Staff
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