Conagra Brands Stock Forecast, Price & News

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.
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Conagra Brands is scheduled to release its next quarterly earnings announcement on Tuesday, July 13th 2021.
View our earnings forecast for Conagra Brands.

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.

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.

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.
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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.

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.

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 -.

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

Some companies that are related to Conagra Brands include Mondelez International (MDLZ), General Mills (GIS), The Hershey (HSY), Tyson Foods (TSN), Hormel Foods (HRL), McCormick & Company, Incorporated (MKC), Kellogg (K), The J. M. Smucker (SJM), Campbell Soup (CPB), Post (POST), Lancaster Colony (LANC), Pilgrim's Pride (PPC), Flowers Foods (FLO), Seaboard (SEB) and The Hain Celestial Group (HAIN).
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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).

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

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.

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.
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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.

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.
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One share of CAG stock can currently be purchased for approximately $35.84.

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.

Conagra Brands employs 16,500 workers across the globe.

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.

Conagra Brands was founded in 1919.

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

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

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]