Conagra Brands Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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 Thursday, October 7th 2021.
View our earnings forecast for Conagra Brands.

Conagra Brands, Inc. (NYSE:CAG) issued its quarterly earnings results on Monday, July, 12th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.52 by $0.02. The business earned $2.74 billion during 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 revenue was down 16.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 EPS.
View Conagra Brands' earnings history.

Conagra Brands' stock was trading at $26.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CAG stock has increased by 24.9% and is now trading at $33.49.
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Conagra Brands announced a quarterly dividend on Tuesday, July 13th. Shareholders of record on Tuesday, August 3rd will be given 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 3.73%. The ex-dividend date of this dividend is Monday, August 2nd. This is a positive change from Conagra Brands's previous quarterly dividend of $0.28.
View Conagra Brands' dividend history.

Conagra Brands pays an annual dividend of $1.10 per share and currently has a dividend yield of 3.27%. Conagra Brands does not yet have a strong track record of dividend growth. The dividend payout ratio of Conagra Brands is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Conagra Brands will have a dividend payout ratio of 41.20% next year. This indicates that Conagra Brands will be able to sustain or increase its dividend.
View Conagra Brands' dividend history.

Conagra Brands issued an update on its FY 2022 earnings guidance on Tuesday, July, 27th. The company provided EPS guidance of $2.500-$2.500 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.630. The company issued revenue guidance of -.

7 Wall Street analysts have issued 1 year price objectives for Conagra Brands' shares. Their forecasts range from $34.00 to $41.00. On average, they expect Conagra Brands' share price to reach $36.38 in the next twelve months. This suggests a possible upside of 8.6% 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), The Hershey (HSY), General Mills (GIS), 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 Sanderson Farms (SAFM).
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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 institutional and retail investors. Top institutional shareholders include TCW Group Inc. (0.22%), Vigilant Capital Management LLC (0.11%), Manning & Napier Group LLC (0.06%), Kornitzer Capital Management Inc. KS (0.04%), Oregon Public Employees Retirement Fund (0.04%) and State of Alaska Department of Revenue (0.02%). 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.

CAG stock was sold by a variety of institutional investors in the last quarter, including Raymond James Trust N.A., Kornitzer Capital Management Inc. KS, DAVENPORT & Co LLC, Trust Co. of Oklahoma, Cypress Capital Group, and New England Research & Management Inc.. Company insiders that have sold Conagra Brands company stock in the last year include Colleen Batcheler, David Biegger, Jana Partners Llc, Thomas K Brown, and Thomas M Mcgough.
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CAG stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Brookstone Capital Management, Vigilant Capital Management LLC, IFM Investors Pty Ltd, Camelot Portfolios LLC, Stock Yards Bank & Trust Co., TCW Group Inc., and Oregon Public Employees Retirement Fund. Company insiders that have bought Conagra Brands stock in the last two years include Craig P Omtvedt, and Richard H Lenny.
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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 $33.49.

Conagra Brands has a market capitalization of $16.09 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.

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]