S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83

Conagra Brands Stock Forecast, Price & News

$31.80
+0.03 (+0.09%)
(As of 12/7/2021 04:00 PM ET)
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Today's Range
$31.50
$32.03
50-Day Range
$30.45
$34.66
52-Week Range
$30.44
$39.09
Volume
2.87 million shs
Average Volume
3.56 million shs
Market Capitalization
$15.25 billion
P/E Ratio
12.82
Dividend Yield
3.93%
Beta
0.83
30 days | 90 days | 365 days | Advanced Chart
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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.

Headlines

Conagra Brands (NYSE:CAG) Sets New 52-Week Low at $30.45
November 30, 2021 |  americanbankingnews.com
Conagra Brands Recalls Birds Eye Broccoli Tots
November 28, 2021 |  rttnews.com
Conagra Brands (NYSE:CAG) Hits New 12-Month Low at $31.86
November 17, 2021 |  americanbankingnews.com
Reddi-wip Asks "How Do You Reddi-wip?" in New Online Sweepstakes
November 16, 2021 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
CUSIP
20588710
Employees
18,600
Year Founded
1919

Sales & Book Value

Annual Sales
$11.18 billion
Cash Flow
$3.59 per share
Book Value
$17.97 per share

Profitability

Net Income
$1.30 billion
Pretax Margin
11.52%

Debt

Price-To-Earnings

Miscellaneous

Free Float
469,617,000
Market Cap
$15.25 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/06/2021
Ex-Dividend
10/29/2021
Dividend Payable
12/01/2021
Today
12/08/2021
Next Earnings (Estimated)
1/06/2022
Fiscal Year End
5/31/2022

Social Links


MarketRank

Overall MarketRank

2.80 out of 5 stars

Consumer Staples Sector

26th out of 184 stocks

Food & Kindred Products Industry

2nd out of 20 stocks

Analyst Opinion: 3.0Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












Conagra Brands (NYSE:CAG) Frequently Asked Questions

Is Conagra Brands a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last twelve months. There are currently 1 sell rating, 8 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.

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

Conagra Brands' stock was trading at $26.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CAG stock has increased by 18.6% and is now trading at $31.80.
View which stocks have been most impacted by COVID-19
.

When is Conagra Brands' next earnings date?

Conagra Brands is scheduled to release its next quarterly earnings announcement on Thursday, January 6th 2022.
View our earnings forecast for Conagra Brands
.

How were Conagra Brands' earnings last quarter?

Conagra Brands, Inc. (NYSE:CAG) posted its quarterly earnings results on Wednesday, October, 6th. The company reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. The firm earned $2.65 billion during the quarter, compared to analysts' expectations of $2.53 billion. Conagra Brands had a trailing twelve-month return on equity of 13.92% and a net margin of 10.80%. Conagra Brands's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.70 earnings per share.
View Conagra Brands' earnings history
.

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

Conagra Brands announced a quarterly dividend on Wednesday, September 29th. Shareholders of record on Monday, November 1st will be paid a dividend of $0.3125 per share on Wednesday, December 1st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Friday, October 29th.
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 3.93%. Conagra Brands has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Conagra Brands is 50.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Conagra Brands will have a dividend payout ratio of 47.35% 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 Thursday, October, 28th. The company provided earnings per share (EPS) guidance of $2.500-$2.500 for the period, compared to the Thomson Reuters consensus estimate of $2.460. The company issued revenue guidance of -.

What price target have analysts set for CAG?

10 Wall Street analysts have issued twelve-month price objectives for Conagra Brands' stock. Their forecasts range from $34.00 to $41.00. On average, they anticipate Conagra Brands' share price to reach $36.56 in the next twelve months. This suggests a possible upside of 15.0% 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.

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), Walt Disney (DIS), Cisco Systems (CSCO), NVIDIA (NVDA), 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 Capital World Investors (12.26%), BlackRock Inc. (8.08%), Macquarie Group Ltd. (4.21%), American Century Companies Inc. (2.70%), LSV Asset Management (1.97%) and Geode Capital Management LLC (1.81%). 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 Arrowstreet Capital Limited Partnership, Assetmark Inc., Deutsche Bank AG, Morgan Stanley, Vigilant Capital Management LLC, KBC Group NV, DekaBank Deutsche Girozentrale, and Robeco Institutional Asset Management B.V.. 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 purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, American Century Companies Inc., Macquarie Group Ltd., BlackRock Inc., Brandywine Global Investment Management LLC, NN Investment Partners Holdings N.V., Russell Investments Group Ltd., and Renaissance Technologies LLC. 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 $31.80.

How much money does Conagra Brands make?

Conagra Brands has a market capitalization of $15.25 billion and generates $11.18 billion in revenue each year. The company earns $1.30 billion in net income (profit) each year or $2.48 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?

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, via email at [email protected], or via fax at 402-595-4709.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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