NYSE:CAGConagra Brands Stock Price, Forecast & News

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 39.7% and is now trading at $37.45.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last year. There are currently 9 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Conagra Brands is scheduled to release its next quarterly earnings announcement on Thursday, September 24th 2020.
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Conagra Brands Inc (NYSE:CAG) issued its quarterly earnings results on Tuesday, June, 30th. The company reported $0.75 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.66 by $0.09. The company had revenue of $3.29 billion for the quarter, compared to analysts' expectations of $3.13 billion. Conagra Brands had a return on equity of 14.38% and a net margin of 7.60%. The company's quarterly revenue was up 25.8% compared to the same quarter last year. During the same period last year, the business earned $0.36 EPS.
View Conagra Brands' earnings history.

Conagra Brands announced a quarterly dividend on Friday, July 24th. Stockholders of record on Tuesday, August 4th will be given a dividend of $0.2125 per share on Thursday, September 3rd. This represents a $0.85 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date is Monday, August 3rd.
View Conagra Brands' dividend history.

Conagra Brands updated its first quarter earnings guidance on Tuesday, June, 30th. The company provided EPS guidance of $0.54.0.59 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.54.

16 analysts have issued 12 month price objectives for Conagra Brands' stock. Their forecasts range from $29.00 to $41.00. On average, they anticipate Conagra Brands' share price to reach $35.31 in the next year. This suggests that the stock has a possible downside of 5.7%.
View analysts' price targets for Conagra Brands.

Media coverage about CAG stock has trended negative recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 -2.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.
View the latest news about Conagra Brands.

Conagra Brands saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 7,700,000 shares, a decline of 5.4% from the June 30th total of 8,140,000 shares. Based on an average daily trading volume, of 3,380,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.6% of the company's shares are sold short.
View Conagra Brands' Current Options Chain.

Some companies that are related to Conagra Brands include Mondelez International (MDLZ), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Kellogg (K), Tyson Foods (TSN), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Flowers Foods (FLO), Lancaster Colony (LANC), Pilgrim's Pride (PPC), Hain Celestial Group (HAIN) and Seaboard (SEB).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Conagra Brands investors own include Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Walt Disney (DIS), General Electric (GE), AT&T (T), NVIDIA (NVDA), Pfizer (PFE), Home Depot (HD) and QUALCOMM (QCOM).

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

Conagra Brands' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Coho Partners Ltd. (0.88%), Sumitomo Mitsui Trust Holdings Inc. (0.59%), Meyer Handelman Co. (0.13%), New York State Teachers Retirement System (0.13%), Assenagon Asset Management S.A. (0.12%) and Vigilant Capital Management LLC (0.09%). Company insiders that own Conagra Brands stock include Colleen Batcheler, Craig P Omtvedt, David Biegger, David S Marberger, Jana Partners Llc, Joie A Gregor, Richard H Lenny, Robert G Wise, Ruth Ann Marshall, Sean Connolly, 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 Strs Ohio, State of Alaska Department of Revenue, First American Trust FSB, First Trust Advisors LP, F&V Capital Management LLC, All Terrain Financial Advisors LLC, Schafer Cullen Capital Management Inc, and Eos Focused Equity Management L.P.. Company insiders that have sold Conagra Brands company stock in the last year include Colleen Batcheler, David Biegger, Jana Partners Llc, Joie A Gregor, Richard H Lenny, Robert G Wise, Thomas K Brown, and Thomas M Mcgough.
View insider buying and selling activity for Conagra Brands.

CAG stock was bought by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., Capital Management Corp VA, NN Investment Partners Holdings N.V., Pacer Advisors Inc., Coho Partners Ltd., and Reilly Financial Advisors LLC. 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 activity for 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.

One share of CAG stock can currently be purchased for approximately $37.45.

Conagra Brands has a market capitalization of $18.25 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 official website for Conagra Brands is www.conagrabrands.com.

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]