ConAgra Foods Company Profile (NYSE:CAG)

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

ConAgra Foods declared a quarterly dividend on Thursday, July 20th. Investors of record on Monday, July 31st will be given a dividend of $0.2125 per share on Thursday, August 31st. This represents a $0.85 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Thursday, July 27th. This is a positive change from ConAgra Foods's previous quarterly dividend of $0.20. View ConAgra Foods' Dividend History.

ConAgra Foods announced that its Board of Directors has initiated a share buyback program on Friday, June 30th 2017, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 6.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

ConAgra Foods Inc. (NYSE:CAG) released its quarterly earnings results on Thursday, June, 29th. The company reported $0.37 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.37. The company earned $1.86 billion during the quarter, compared to analysts' expectations of $1.86 billion. ConAgra Foods had a net margin of 7.43% and a return on equity of 20.29%. The business's quarterly revenue was down 9.3% on a year-over-year basis. During the same period last year, the company earned $0.52 EPS. View ConAgra Foods' Earnings History.

ConAgra Foods is scheduled to release their next quarterly earnings announcement on Thursday, September, 28th 2017. View Earnings Estimates for ConAgra Foods.

ConAgra Foods updated its FY18 earnings guidance on Thursday, June, 29th. The company provided earnings per share (EPS) guidance of $1.84-1.89 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.88. The company issued revenue guidance of (2%) to flat to ~$7.67-7.83 billion, compared to the consensus revenue estimate of $7.63 billion.

10 brokers have issued twelve-month price targets for ConAgra Foods' stock. Their predictions range from $36.00 to $52.00. On average, they anticipate ConAgra Foods' stock price to reach $43.90 in the next year. View Analyst Ratings for ConAgra Foods.

Some companies that are related to ConAgra Foods include Archer-Daniels-Midland Company (ADM), Kellogg Company (K), Associated British Foods plc (ABF), Hershey Company (The) (HSY), Campbell Soup Company (CPB), McCormick & Company, Incorporated (MKC), Bunge Limited (BG), Ingredion Incorporated (INGR), Darling Ingredients (DAR), B&G Foods (BGS), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Greencore Group plc (GNC), Dean Foods Company (DF), MGP Ingredients (MGPI), SunOpta (STKL), Hilton Food Group plc (HFG) and Premier Foods Plc (PFD).

ConAgra Foods' management team includes the folowing people:

• Sean M. Connolly, President, Chief Executive Officer, Director
• David S. Marberger, Chief Financial Officer, Executive Vice President
• Thomas M. McGough, President - Consumer Foods
• Thomas P. Werner, President - Commercial Foods
• Charisse Brock, Chief Human Resource Officer, Executive Vice President
• Colleen R. Batcheler, Executive Vice President, General Counsel, Corporate Secretary
• David B. Biegger, Executive Vice President, Chief Supply Chain Officer
• Andrew George Ross, Chief Strategy Officer, Executive Vice President
• Robert G. Wise, Senior Vice President, Corporate Controller
• Jonathan J. Harris, Senior Vice President and Chief Communications Officer

ConAgra Foods' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.50%), APG Asset Management N.V. (0.29%), PGGM Investments (0.28%), Russell Investments Group Ltd. (0.19%), US Bancorp DE (0.17%) and Meyer Handelman Co. (0.15%). Company insiders that own ConAgra Foods stock include Andrew George Ross, John Gehring, Joie A Gregor, Rajive Johri, Robert G Wise, Ruth Ann Marshall, Scott E Messel, Stephen G Butler, Thomas M Mcgough and William G Jurgensen. View Institutional Ownership Trends for ConAgra Foods.

ConAgra Foods' stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, NN Investment Partners Holdings N.V., Oregon Public Employees Retirement Fund, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Exxonmobil Investment Management Inc. TX, First American Bank, US Bancorp DE and ING Groep NV. Company insiders that have sold ConAgra Foods stock in the last year include Joie A Gregor, Ruth Ann Marshall and Stephen G Butler. View Insider Buying and Selling for ConAgra Foods.

ConAgra Foods' stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Russell Investments Group Ltd., APG Asset Management N.V., Gateway Investment Advisers LLC, Acadian Asset Management LLC, First Quadrant L P CA, Mn Services Vermogensbeheer B.V. and Pennsylvania Trust Co. View Insider Buying and Selling for ConAgra Foods.

Shares of ConAgra Foods can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ConAgra Foods stock can currently be purchased for approximately $34.16.