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NYSE:CAG - Conagra Brands Stock Price, Forecast & News

$29.23
-0.36 (-1.22 %)
(As of 02/25/2020 01:57 AM ET)
Today's Range
$28.90
Now: $29.23
$29.34
50-Day Range
$29.23
MA: $32.15
$33.52
52-Week Range
$22.15
Now: $29.23
$35.59
Volume3.68 million shs
Average Volume4.35 million shs
Market Capitalization$14.22 billion
P/E Ratio17.72
Dividend Yield2.87%
Beta0.91
Conagra Brands, Inc, together with its subsidiaries, operates as a 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. Read More…

Industry, Sector and Symbol

Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
CUSIP20588710
Phone312-549-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.54 billion
Cash Flow$2.49 per share
Book Value$15.35 per share

Profitability

Net Income$678.30 million

Miscellaneous

Employees18,000
Market Cap$14.22 billion
Next Earnings Date3/19/2020 (Estimated)
OptionableOptionable

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Conagra Brands (NYSE:CAG) Frequently Asked Questions

What is Conagra Brands' stock symbol?

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

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

Conagra Brands announced a quarterly dividend on Tuesday, December 10th. Investors of record on Friday, January 31st will be given a dividend of $0.2125 per share on Tuesday, March 3rd. This represents a $0.85 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend is Thursday, January 30th. View Conagra Brands' Dividend History.

How were Conagra Brands' earnings last quarter?

Conagra Brands Inc (NYSE:CAG) released its earnings results on Thursday, December, 19th. The company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.57 by $0.06. The company earned $2.82 billion during the quarter, compared to the consensus estimate of $2.80 billion. Conagra Brands had a return on equity of 12.50% and a net margin of 7.62%. The company's quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.67 EPS. View Conagra Brands' Earnings History.

When is Conagra Brands' next earnings date?

Conagra Brands is scheduled to release their next quarterly earnings announcement on Thursday, March 19th 2020. View Earnings Estimates for Conagra Brands.

What guidance has Conagra Brands issued on next quarter's earnings?

Conagra Brands updated its FY20 earnings guidance on Monday, February, 17th. The company provided earnings per share (EPS) guidance of $2.00-2.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.08. The company issued revenue guidance of +10.0-10.5% to $10.49-10.54 billion, compared to the consensus revenue estimate of $10.71 billion.

What price target have analysts set for CAG?

15 brokerages have issued twelve-month target prices for Conagra Brands' stock. Their forecasts range from $29.00 to $40.00. On average, they anticipate Conagra Brands' stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets for Conagra Brands.

What is the consensus analysts' recommendation for Conagra Brands?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Conagra Brands.

Has Conagra Brands been receiving favorable news coverage?

Media stories about CAG stock have trended neutral on Tuesday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Conagra Brands earned a news sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Conagra Brands.

Are investors shorting Conagra Brands?

Conagra Brands saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 23,200,000 shares, a decrease of 5.3% from the January 15th total of 24,500,000 shares. Based on an average daily volume of 4,500,000 shares, the short-interest ratio is presently 5.2 days. Currently, 4.8% of the company's shares are sold short. View Conagra Brands' Current Options Chain.

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 AT&T (T), General Electric (GE), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Pfizer (PFE), Walt Disney (DIS), Home Depot (HD), NVIDIA (NVDA) and Boeing (BA).

Who are Conagra Brands' key executives?

Conagra Brands' management team includes the folowing people:
  • Mr. Sean M. Connolly, Pres, CEO & Director (Age 54)
  • Mr. David S. Marberger, Exec. VP & CFO (Age 54)
  • Mr. Thomas M. McGough, Co-COO & Exec. VP (Age 54)
  • Mr. Darren C. Serrao, Co-COO & Exec. VP (Age 52)
  • Ms. Colleen R. Batcheler, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45)

Who are Conagra Brands' major shareholders?

Conagra Brands' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wealth Quarterback LLC (42.31%), Capital World Investors (6.09%), State Street Corp (4.51%), FMR LLC (2.33%), Bank of New York Mellon Corp (1.58%) and Geode Capital Management LLC (1.57%). Company insiders that own Conagra Brands stock include Colleen Batcheler, Craig P Omtvedt, David S Marberger, Jana Partners Llc, Joie A Gregor, Richard H Lenny, Robert G Wise, Ruth Ann Marshall, Sean Connolly, Stephen G Butler, Steven F Goldstone, Thomas K Brown and Thomas M Mcgough. View Institutional Ownership Trends for Conagra Brands.

Which major investors are selling Conagra Brands stock?

CAG stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Bank of New York Mellon Corp, FMR LLC, UBS Asset Management Americas Inc., Phoenix Holdings Ltd., California Public Employees Retirement System, Sasco Capital Inc. CT and Sei Investments Co.. Company insiders that have sold Conagra Brands company stock in the last year include Colleen Batcheler, Jana Partners Llc, Richard H Lenny, Ruth Ann Marshall and Thomas M Mcgough. View Insider Buying and Selling for Conagra Brands.

Which major investors are buying Conagra Brands stock?

CAG stock was bought by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Capital World Investors, Franklin Resources Inc., Payden & Rygel, LSV Asset Management, Jennison Associates LLC, Geode Capital Management LLC and Schafer Cullen Capital Management Inc. Company insiders that have bought Conagra Brands stock in the last two years include Craig P Omtvedt, David S Marberger, Joie A Gregor, Sean Connolly and Thomas K Brown. View Insider Buying and Selling for Conagra Brands.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Conagra Brands' stock price today?

One share of CAG stock can currently be purchased for approximately $29.23.

How big of a company is Conagra Brands?

Conagra Brands has a market capitalization of $14.22 billion and generates $9.54 billion in revenue each year. The company earns $678.30 million in net income (profit) each year or $2.01 on an earnings per share basis. Conagra Brands employs 18,000 workers across the globe.View Additional Information About Conagra Brands.

What is Conagra Brands' official website?

The official website for Conagra Brands is http://www.conagrabrands.com/.

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]


MarketBeat Community Rating for Conagra Brands (NYSE CAG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  553 (Vote Outperform)
Underperform Votes:  645 (Vote Underperform)
Total Votes:  1,198
MarketBeat's community ratings are surveys of what our community members think about Conagra Brands and other stocks. Vote "Outperform" if you believe CAG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/25/2020 by MarketBeat.com Staff

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