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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The "King Of Quants" sees 10X potential... (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
The "King Of Quants" sees 10X potential... (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Fed's Shocking New Plan to Control Your Money (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The "King Of Quants" sees 10X potential... (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
The "King Of Quants" sees 10X potential... (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Fed's Shocking New Plan to Control Your Money (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The "King Of Quants" sees 10X potential... (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
The "King Of Quants" sees 10X potential... (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Fed's Shocking New Plan to Control Your Money (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
NYSE:CAG

Conagra Brands - CAG Stock Forecast, Price & News

$37.21
+0.64 (+1.75%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$36.49
$37.23
50-Day Range
$35.01
$40.03
52-Week Range
$31.01
$41.30
Volume
3.59 million shs
Average Volume
4.73 million shs
Market Capitalization
$17.74 billion
P/E Ratio
26.39
Dividend Yield
3.55%
Price Target
$40.73

Conagra Brands MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
9.5% Upside
$40.73 Price Target
Short Interest
Healthy
3.05% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.29
Upright™ Environmental Score
News Sentiment
1.21mentions of Conagra Brands in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$2.05 M Sold Last Quarter
Proj. Earnings Growth
3.38%
From $2.66 to $2.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Consumer Staples Sector

61st out of 136 stocks

Food & Kindred Products Industry

6th out of 16 stocks


CAG stock logo

About Conagra Brands (NYSE:CAG) Stock

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 is composed of branded, temperature-controlled food products sold in various retail channels in the United States. The International segment offers branded food products in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses on 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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CAG Stock News Headlines

3 Leading Dividend Stocks Expected To Grow Earnings (CAG)
Interpublic Group, ConAgra and Principal Financial Group are leading dividend stocks showing either strong earnings potential or good chart action, or both.
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
From Betty Crocker to Blue Buffalo, General Mills Looks Strong (CAG)
General Mills management is keenly in tune with its long-term growth drivers — and pressing all the right buttons along the way.
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
StockNews.com Initiates Coverage on Conagra Brands (NYSE:CAG)
See More Headlines
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CAG Company Calendar

Last Earnings
1/05/2023
Ex-Dividend for 3/2 Dividend
1/27/2023
Dividend Payable
3/02/2023
Today
3/26/2023
Next Earnings (Confirmed)
4/05/2023
Fiscal Year End
5/31/2023

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
CUSIP
20588710
Employees
18,000
Year Founded
1919

Price Target and Rating

Average Stock Price Forecast
$40.73
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+9.5%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$888.20 million
Pretax Margin
6.32%

Debt

Sales & Book Value

Annual Sales
$11.54 billion
Cash Flow
$3.21 per share
Book Value
$18.46 per share

Miscellaneous

Free Float
471,951,000
Market Cap
$17.74 billion
Optionable
Optionable
Beta
0.55

Social Links


Key Executives

  • Sean M. Connolly
    President, Chief Executive Officer & Director
  • Thomas M. McGoughThomas M. McGough
    Co-Chief Operating Officer & Executive VP
  • Darren C. SerraoDarren C. Serrao
    Co-Chief Operating Officer & Executive VP
  • David S. Marberger
    Chief Financial Officer & Executive Vice President
  • Tracy Schaefer
    Chief Information Officer & Senior Vice President













CAG Stock - Frequently Asked Questions

Should I buy or sell Conagra Brands stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CAG shares. 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 CAG analyst ratings
or view top-rated stocks.

What is Conagra Brands' stock price forecast for 2023?

11 equities research analysts have issued 12-month price targets for Conagra Brands' shares. Their CAG share price forecasts range from $35.00 to $48.00. On average, they expect the company's share price to reach $40.73 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for CAG
or view top-rated stocks among Wall Street analysts.

How have CAG shares performed in 2023?

Conagra Brands' stock was trading at $38.70 at the beginning of the year. Since then, CAG stock has decreased by 3.9% and is now trading at $37.21.
View the best growth stocks for 2023 here
.

Are investors shorting Conagra Brands?

Conagra Brands saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 14,050,000 shares, an increase of 19.2% from the January 31st total of 11,790,000 shares. Based on an average trading volume of 3,960,000 shares, the short-interest ratio is currently 3.5 days. Approximately 3.0% of the company's shares are short sold.
View Conagra Brands' Short Interest
.

When is Conagra Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 5th 2023.
View our CAG earnings forecast
.

How can I listen to Conagra Brands' earnings call?

Conagra Brands will be holding an earnings conference call on Wednesday, April 5th 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) released its quarterly earnings results on Thursday, January, 5th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.66 by $0.15. The firm had revenue of $3.31 billion for the quarter, compared to the consensus estimate of $3.28 billion. Conagra Brands had a net margin of 5.66% and a trailing twelve-month return on equity of 14.38%. The business's quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 earnings per share.
Read the conference call transcript
.

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

Conagra Brands announced a quarterly dividend on Wednesday, December 21st. Investors of record on Monday, January 30th will be given a dividend of $0.33 per share on Thursday, March 2nd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date of this dividend is Friday, January 27th.
Read our dividend analysis for CAG
.

Is Conagra Brands a good dividend stock?

Conagra Brands (NYSE:CAG) pays an annual dividend of $1.32 per share and currently has a dividend yield of 3.61%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 93.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CAG will have a dividend payout ratio of 48.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAG.

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

Conagra Brands issued an update on its FY 2023 earnings guidance on Thursday, January, 5th. The company provided earnings per share (EPS) guidance of $2.60-$2.70 for the period, compared to the consensus earnings per share estimate of $2.47. The company issued revenue guidance of -.

What is Sean Connolly's approval rating as Conagra Brands' CEO?

381 employees have rated Conagra Brands Chief Executive Officer Sean Connolly on Glassdoor.com. Sean Connolly has an approval rating of 83% among the company's 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 a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (5.70%), Macquarie Group Ltd. (2.90%), American Century Companies Inc. (2.08%), Geode Capital Management LLC (2.03%), LSV Asset Management (1.75%) and Morgan Stanley (1.51%). Insiders that own company stock include Carey Bartell, Colleen Batcheler, Darren Serrao, David Biegger, Emanuel Chirico, Jana Partners Llc, Joie A Gregor, Richard H Lenny, Robert G Wise, Thomas K Brown and Thomas M Mcgough.
View institutional ownership trends
.

How do I buy shares of Conagra Brands?

Shares of CAG stock 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 $37.21.

How much money does Conagra Brands make?

Conagra Brands (NYSE:CAG) has a market capitalization of $17.74 billion and generates $11.54 billion in revenue each year. The company earns $888.20 million in net income (profit) each year or $1.41 on an earnings per share basis.

How many employees does Conagra Brands have?

The company employs 18,000 workers across the globe.

Does Conagra Brands have any subsidiaries?
The following companies are subsidiares of Conagra Brands: Agro Tech Foods, Alexia Foods, American Pie - Assets, Angie's Artisan Treats, Angie's Artisan Treats LLC, Bertolli, Blake's All Natural Foods, Capitol Milling Co., ConAgra Foods AM Holdings LP, ConAgra Foods Enterprise Services Inc., ConAgra Foods Packaged Foods LLC, ConAgra Foods RDM Inc., ConAgra Foods Sales LLC, ConAgra Funding LLC, Conagra Brands Canada Inc., 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.
Read More
How can I contact Conagra Brands?

Conagra Brands' mailing address is 222 W. MERCHANDISE MART PLAZA SUITE 1300, CHICAGO IL, 60654. The official website for the company is www.conagrabrands.com. The company can be reached via phone at (312) 549-5000, via email at ir@conagra.com, or via fax at 402-595-4709.

This page (NYSE:CAG) was last updated on 3/26/2023 by MarketBeat.com Staff