Conagra Brands Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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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Wall Street analysts have given Conagra Brands a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Conagra Brands wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Conagra Brands is scheduled to release its next quarterly earnings announcement on Tuesday, June 29th 2021.
View our earnings forecast for Conagra Brands.

Conagra Brands, Inc. (NYSE:CAG) issued its quarterly earnings data on Wednesday, April, 7th. The company reported $0.59 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.58 by $0.01. The company earned $2.77 billion during the quarter, compared to the consensus estimate of $2.72 billion. Conagra Brands had a trailing twelve-month return on equity of 16.50% and a net margin of 9.67%. Conagra Brands's quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 earnings per share.
View Conagra Brands' earnings history.

Conagra Brands' stock was trading at $26.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CAG stock has increased by 40.0% and is now trading at $37.53.
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Conagra Brands announced a quarterly dividend on Friday, December 11th. Stockholders of record on Friday, January 29th will be given a dividend of $0.275 per share on Wednesday, March 3rd. This represents a $1.10 annualized dividend and a yield of 2.93%. The ex-dividend date is Thursday, January 28th.
View Conagra Brands' dividend history.

Conagra Brands pays an annual dividend of $1.10 per share and currently has a dividend yield of 3.04%. Conagra Brands does not yet have a strock track record of dividend growth. The dividend payout ratio of Conagra Brands is 48.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Conagra Brands will have a dividend payout ratio of 42.15% next year. This indicates that Conagra Brands will be able to sustain or increase its dividend.
View Conagra Brands' dividend history.

Conagra Brands updated its FY22 earnings guidance on Thursday, April, 8th. The company provided earnings per share (EPS) guidance of $2.63-2.73 for the period, compared to the Thomson Reuters consensus estimate of $2.60.

6 equities research analysts have issued 12-month target prices for Conagra Brands' shares. Their forecasts range from $34.00 to $41.00. On average, they expect Conagra Brands' share price to reach $37.00 in the next year. This suggests that the stock has a possible downside of 1.4%.
View analysts' price targets for Conagra Brands or view top-rated stocks among Wall Street analysts.

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), General Mills (GIS), The Hershey (HSY), Tyson Foods (TSN), Hormel Foods (HRL), McCormick & Company, Incorporated (MKC), Kellogg (K), Campbell Soup (CPB), The J. M. Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Lancaster Colony (LANC), Seaboard (SEB) and The Hain Celestial Group (HAIN).
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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 investors include Wedge Capital Management L L P NC (0.18%), LVM Capital Management Ltd. MI (0.04%), F&V Capital Management LLC (0.02%), Old Port Advisors (0.02%), State of Alaska Department of Revenue (0.02%) and First National Bank of Mount Dora Trust Investment Services (0.01%). 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, Ruth Ann Marshall, 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 F&V Capital Management LLC, First National Bank of Mount Dora Trust Investment Services, Pacer Advisors Inc., Old Port Advisors, LVM Capital Management Ltd. MI, and State of Alaska Department of Revenue. Company insiders that have sold Conagra Brands company stock in the last year include Colleen Batcheler, David Biegger, Jana Partners Llc, Joie A Gregor, Robert G Wise, and Thomas M Mcgough.
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CAG stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Everence Capital Management Inc., Fulcrum Equity Management, Home Federal Bank of Tennessee, Phoenix Wealth Advisors, Edge Wealth Management LLC, and Valeo Financial Advisors LLC. Company insiders that have bought Conagra Brands stock in the last two years include Craig P Omtvedt, Joie A Gregor, and Richard H Lenny.
View insider buying and selling activity for Conagra Brands or or view top insider-buying stocks.

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 $37.53.

Conagra Brands has a market capitalization of $18.34 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 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, Birds Eye Foods LLC, Blake's All Natural Foods, Boulder Brands USA Inc., Capitol Milling Co., ConAgra Foods AM Holding S.a.r.l., ConAgra Foods Canada Inc. / Aliments ConAgra Canada Inc., ConAgra Foods Enterprise Services Inc., ConAgra Foods Packaged Foods LLC, ConAgra Foods RDM Inc., ConAgra Foods Sales LLC, ConAgra Funding LLC, Del Monte Canada, Egg Beaters, Elan Nutrition, Fernando's Foods Corporation, Frontera Foods, GoodMark Foods, Holly Ridge Foods Inc., International Home Foods, Kennedy Endeavors Incorporated, Lightlife Foods, Lincoln Snacks, Litton Industries - Emerge, National Pretzel Company, Odom's Tennessee Pride, Pinnacle Foods, Pinnacle Foods Group LLC, 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]