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 declared a quarterly dividend on Tuesday, December 10th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.2125 per share on Tuesday, March 3rd. This represents a $0.85 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date of this dividend is Thursday, January 30th. View Conagra Brands' Dividend History.

Conagra Brands Inc (NYSE:CAG) announced its quarterly earnings data on Thursday, December, 19th. The company reported $0.63 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.57 by $0.06. The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.80 billion. The company's revenue for the quarter was up 18.3% on a year-over-year basis. During the same period last year, the company earned $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 issued an update on its FY20 earnings guidance on Thursday, December, 19th. The company provided EPS guidance of $2.07-2.17 for the period, compared to the Thomson Reuters consensus earnings per share 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 analysts have issued twelve-month price objectives for Conagra Brands' shares. Their forecasts range from $29.00 to $40.00. On average, they expect Conagra Brands' stock price to reach $34.13 in the next twelve months. This suggests a possible upside of 4.4% 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.

News articles about CAG stock have trended somewhat positive on Monday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Conagra Brands earned a news impact score of 1.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Conagra Brands.

Conagra Brands saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 23,200,000 shares, a decline of 5.3% from the January 15th total of 24,500,000 shares. Based on an average daily volume of 4,500,000 shares, the days-to-cover ratio is presently 5.2 days. Currently, 4.8% of the shares of the stock are sold short. View Conagra Brands' Current Options Chain.

Some companies that are related to Conagra Brands include Seaboard (SEB), Dean Foods (DF), Annies (BNNY), B&G Foods (BGS), Calavo Growers (CVGW), Cal-Maine Foods (CALM), Campbell Soup (CPB), Farmer Bros (FARM), Flowers Foods (FLO), General Mills (GIS), Hain Celestial Group (HAIN), Hershey (HSY), Hormel Foods (HRL), J & J Snack Foods (JJSF) and J M Smucker (SJM).

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

Conagra Brands' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.51%), FMR LLC (2.33%), Bank of New York Mellon Corp (1.58%), Bank of America Corp DE (1.26%), Coho Partners Ltd. (0.86%) and UBS Asset Management Americas Inc. (0.73%). 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 First Trust Advisors LP, Bank of New York Mellon Corp, FMR LLC, UBS Asset Management Americas Inc., California Public Employees Retirement System, Sasco Capital Inc. CT, Sei Investments Co. and Eaton Vance Management. 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 bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Payden & Rygel, LSV Asset Management, Jennison Associates LLC, Schafer Cullen Capital Management Inc, Strs Ohio, Toronto Dominion Bank and Cipher Capital LP. 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 $32.69.