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

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

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 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend is Thursday, January 30th. View Conagra Brands' Dividend History.

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

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

Conagra Brands updated its FY20 earnings guidance on Thursday, December, 19th. The company provided earnings per share (EPS) guidance of $2.07-2.17 for the period, compared to the Thomson Reuters consensus estimate of $2.08. The company issued revenue guidance of $10.72 billion, compared to the consensus revenue estimate of prior $2.08-2.18.

15 equities research analysts have issued 12-month price objectives for Conagra Brands' shares. Their forecasts range from $29.00 to $40.00. On average, they expect Conagra Brands' share price to reach $34.00 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets 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.

Headlines about CAG stock have trended neutral on Wednesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Conagra Brands earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the next several days. View News Stories for Conagra Brands.

Some companies that are related to Conagra Brands include Mondelez International (MDLZ), General Mills (GIS), Tyson Foods (TSN), Hershey (HSY), Hormel Foods (HRL), Kellogg (K), MCCORMICK & CO /SH (MKC), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Seaboard (SEB), Flowers Foods (FLO), Lancaster Colony (LANC) and J & J Snack Foods (JJSF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Conagra Brands investors own include AT&T (T), General Electric (GE), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC), Walt Disney (DIS), Home Depot (HD), Procter & Gamble (PG), Boeing (BA) and Pfizer (PFE).

Conagra Brands' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vigilant Capital Management LLC (0.08%), Howard Capital Management (0.07%), F&V Capital Management LLC (0.06%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.04%) and Tocqueville Asset Management L.P. (0.03%). 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.

CAG stock was sold by a variety of institutional investors in the last quarter, including IFP Advisors Inc, Assenagon Asset Management S.A., Vigilant Capital Management LLC, First Financial Corp IN, First National Bank of Omaha, Sciencast Management LP, Meag Munich Ergo Kapitalanlagegesellschaft MBH and State of Alaska Department of Revenue. 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.

CAG stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Three Peaks Capital Management LLC, Howard Capital Management, FormulaFolio Investments LLC, Leavell Investment Management Inc., Patten & Patten Inc. TN, LFA Lugano Financial Advisors SA and Jones Financial Companies Lllp. 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.

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 $32.29.

Conagra Brands has a market capitalization of $15.71 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.

The official website for Conagra Brands is http://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]