NYSE:CAG

Conagra Brands Stock Forecast, Price & News

$33.43
-0.01 (-0.03 %)
(As of 09/16/2021 12:00 AM ET)
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Today's Range
$33.16
$33.70
50-Day Range
$32.27
$36.12
52-Week Range
$32.25
$39.09
Volume2.19 million shs
Average Volume3.61 million shs
Market Capitalization$16.06 billion
P/E Ratio12.57
Dividend Yield3.74%
Beta0.88
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Conagra Brands logo

About Conagra Brands

Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks; Refrigerated and Frozen; International; and Foodservice. The Grocery and Snacks segment includes branded, shelf stable food products sold in various retail channels in the United States. The Refrigerated and Frozen segment comprises branded, temperature controlled food products sold in various retail channels in the United States. The International segment consists branded food products, in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses in the branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Chicago, IL.

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MarketRank

Overall MarketRank

3.06 out of 5 stars

Consumer Staples Sector

5th out of 179 stocks

Food & Kindred Products Industry

1st out of 19 stocks

Analyst Opinion: 2.0Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -
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Conagra Brands (NYSE:CAG) Frequently Asked Questions

Is Conagra Brands a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last twelve months. There are currently 1 sell rating, 5 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.

Are investors shorting Conagra Brands?

Conagra Brands saw a decline in short interest during the month of July. As of July 30th, there was short interest totaling 13,620,000 shares, a decline of 16.8% from the July 15th total of 16,380,000 shares. Based on an average daily trading volume, of 3,400,000 shares, the short-interest ratio is currently 4.0 days. Approximately 2.9% of the shares of the company are short sold.
View Conagra Brands' Short Interest
.

When is Conagra Brands' next earnings date?

Conagra Brands is scheduled to release its next quarterly earnings announcement on Thursday, October 7th 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 Thursday, October 7th 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 Monday, July, 12th. The company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.02. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.71 billion. Conagra Brands had a net margin of 11.61% and a trailing twelve-month return on equity of 15.33%. The business's quarterly revenue was down 16.7% on a year-over-year basis. During the same period last year, the business posted $0.41 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 (WHO). Since then, CAG stock has increased by 24.7% and is now trading at $33.43.
View which stocks have been most impacted by COVID-19
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How often does Conagra Brands pay dividends? What is the dividend yield for Conagra Brands?

Conagra Brands announced a quarterly dividend on Tuesday, July 13th. Shareholders of record on Tuesday, August 3rd will be paid a dividend of $0.3125 per share on Thursday, September 2nd. This represents a $1.25 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend is Monday, August 2nd. This is a boost from Conagra Brands's previous quarterly dividend of $0.28.
View Conagra Brands' dividend history
.

Is Conagra Brands a good dividend stock?

Conagra Brands pays an annual dividend of $1.25 per share and currently has a dividend yield of 3.74%. The dividend payout ratio of Conagra Brands is 47.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Conagra Brands will have a dividend payout ratio of 46.82% 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 FY 2022 earnings guidance on Tuesday, August, 3rd. The company provided earnings per share guidance of $2.500-$2.500 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.630. The company issued revenue guidance of -.

What price target have analysts set for CAG?

7 equities research analysts have issued 1-year price targets for Conagra Brands' stock. Their forecasts range from $34.00 to $41.00. On average, they anticipate Conagra Brands' stock price to reach $36.38 in the next year. This suggests a possible upside of 8.8% 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:
  • Sean M. Connolly, President, Chief Executive Officer & Director
  • Thomas M. McGough, Co-Chief Operating Officer & Executive VP
  • Darren C. Serrao, Co-Chief Operating Officer & Executive VP
  • David S. Marberger, Chief Financial Officer & Executive Vice President
  • Mindy Simon, Chief Information Officer

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 shareholders include Vanguard Group Inc. (11.59%), BlackRock Inc. (7.80%), State Street Corp (4.54%), Price T Rowe Associates Inc. MD (4.27%), Macquarie Group Ltd. (3.86%) and American Century Companies Inc. (2.24%). 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, 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 Price T Rowe Associates Inc. MD, Franklin Resources Inc., Macquarie Group Ltd., State of Michigan Retirement System, Cibc World Markets Corp, Wells Fargo & Company MN, Bank of New York Mellon Corp, and Gabelli Funds LLC. Company insiders that have sold Conagra Brands company stock in the last year include Colleen Batcheler, Jana Partners Llc, 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 bought by a variety of institutional investors in the last quarter, including Amundi, BlackRock Inc., American Century Companies Inc., Level Four Advisory Services LLC, State Street Corp, Morgan Stanley, Morgan Stanley, and Payden & Rygel. 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 $33.43.

How much money does Conagra Brands make?

Conagra Brands has a market capitalization of $16.06 billion and generates $11.18 billion in revenue each year. The company earns $1.30 billion in net income (profit) each year or $2.64 on an earnings per share basis.

How many employees does Conagra Brands have?

Conagra Brands employs 18,600 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 9/16/2021 by MarketBeat.com Staff
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