S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
Log in
NYSE:CAG

Conagra Brands Stock Forecast, Price & News

$33.93
-0.64 (-1.85 %)
(As of 02/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$33.91
Now: $33.93
$34.69
50-Day Range
$32.91
MA: $34.34
$35.77
52-Week Range
$22.83
Now: $33.93
$39.34
Volume4.56 million shs
Average Volume4.30 million shs
Market Capitalization$16.58 billion
P/E Ratio14.95
Dividend Yield3.18%
Beta0.86
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature controlled food products in various retail channels in the United States. The International segment offers food products in various temperature states in retail and foodservice channels outside of the United States. The Foodservice segment offers food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company sells its products under the Birds Eye, Marie Callender's, Banquet, Healthy Choice, Slim Jim, Reddi-wip, Vlasic, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, Frontera, Chef Boyardee, and Alexia brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.
Conagra Brands logo

Industry, Sector and Symbol

Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
CUSIP20588710
Phone312-549-5000
Employees16,500
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.05 billion
Cash Flow$3.10 per share
Book Value$16.32 per share

Profitability

Net Income$840.10 million

Miscellaneous

Market Cap$16.58 billion
Next Earnings Date3/30/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.06 out of 5 stars

Consumer Staples Sector

33rd out of 300 stocks

Food & Kindred Products Industry

3rd out of 23 stocks

Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
$33.93
-0.64 (-1.85 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CAG News and Ratings via Email

Sign-up to receive the latest news and ratings for CAG and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Conagra Brands (NYSE:CAG) Frequently Asked Questions

Is Conagra Brands a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last year. There are currently 1 sell rating, 6 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street 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.
View analyst ratings for Conagra Brands
or view top-rated stocks.

What stocks does MarketBeat like better than Conagra Brands?

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.
View MarketBeat's top stock picks here.

Are investors shorting Conagra Brands?

Conagra Brands saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 12,480,000 shares, an increase of 29.7% from the January 14th total of 9,620,000 shares. Based on an average daily trading volume, of 3,510,000 shares, the short-interest ratio is currently 3.6 days.
View Conagra Brands' Short Interest
.

When is Conagra Brands' next earnings date?

Conagra Brands is scheduled to release its next quarterly earnings announcement on Tuesday, March 30th 2021.
View our earnings forecast for Conagra Brands
.

How were Conagra Brands' earnings last quarter?

Conagra Brands, Inc. (NYSE:CAG) released its quarterly earnings data on Wednesday, January, 6th. The company reported $0.81 EPS for the quarter, topping the Zacks' consensus estimate of $0.74 by $0.07. The business earned $3 billion during the quarter, compared to analyst estimates of $2.98 billion. Conagra Brands had a trailing twelve-month return on equity of 16.50% and a net margin of 9.67%. The business's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.63 EPS.
View Conagra Brands' earnings history
.

How has Conagra Brands' stock price been impacted by Coronavirus?

Conagra Brands' stock was trading at $26.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CAG shares have increased by 26.6% and is now trading at $33.93.
View which stocks have been most impacted by COVID-19
.

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

Conagra Brands declared a quarterly dividend on Friday, December 11th. Shareholders of record on Friday, January 29th will be paid a dividend of $0.275 per share on Wednesday, March 3rd. This represents a $1.10 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, January 28th.
View Conagra Brands' dividend history
.

Is Conagra Brands a good dividend stock?

Conagra Brands pays an annual dividend of $1.10 per share and currently has a dividend yield of 3.18%. 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.

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

Conagra Brands updated its third quarter 2021 IntraDay earnings guidance on Tuesday, February, 16th. The company provided earnings per share (EPS) guidance of 0.56-0.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.58.

What price target have analysts set for CAG?

9 equities research analysts have issued twelve-month target prices for Conagra Brands' shares. Their forecasts range from $30.00 to $41.00. On average, they anticipate Conagra Brands' share price to reach $35.44 in the next year. This suggests a possible upside of 4.5% from the stock's current price.
View analysts' price targets for Conagra Brands
or view top-rated stocks among Wall Street analysts.

Who are Conagra Brands' key executives?

Conagra Brands' management team includes the following people:
  • Mr. Sean M. Connolly, Pres, CEO & Director (Age 56, Pay $4.25M)
  • Mr. David S. Marberger, Exec. VP & CFO (Age 56, Pay $1.86M)
  • Mr. Thomas M. McGough, Co-COO & Exec. VP (Age 56, Pay $1.74M)
  • Mr. Darren C. Serrao, Co-COO & Exec. VP (Age 54, Pay $1.5M)
  • Ms. Colleen R. Batcheler, Exec. VP, Gen. Counsel & Corp. Sec. (Age 47, Pay $1.45M)
  • Ms. Mindy Simon, Chief Information Officer
  • Mr. Brian Kearney, Head of Investor Relations
  • Mr. Jonathan J. Harris, Chief Communications Officer & Sr. VP (Age 53)
  • Ms. Charisse Brock, Exec. VP & Chief HR Officer (Age 59)
  • Mr. Stephen J. Tibey, Sr. VP of Supply Chain Management (Age 72)

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

381 employees have rated Conagra Brands CEO Sean Connolly on Glassdoor.com. Sean Connolly has an approval rating of 83% among Conagra Brands' employees.

Who are some of Conagra Brands' key competitors?

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), The Walt Disney (DIS), Cisco Systems (CSCO), NVIDIA (NVDA), The 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 shareholders include BlackRock Inc. (6.88%), Price T Rowe Associates Inc. MD (4.75%), Northern Trust Corp (1.20%), Coho Partners Ltd. (1.09%), Bank of New York Mellon Corp (1.08%) and Sumitomo Mitsui Trust Holdings Inc. (0.72%). 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
.

Which major investors are selling Conagra Brands stock?

CAG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, Price T Rowe Associates Inc. MD, Strs Ohio, Edgestream Partners L.P., and Alliancebernstein L.P.. 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, Thomas K Brown, and Thomas M Mcgough.
View insider buying and selling activity for Conagra Brands
or view top insider-selling stocks.

Which major investors are buying Conagra Brands stock?

CAG stock was acquired by a variety of institutional investors in the last quarter, including Sound Shore Management Inc. CT, Coho Partners Ltd., Retirement Systems of Alabama, State of Michigan Retirement System, Morgan Stanley, Assetmark Inc., Wells Fargo & Company MN, and Amundi Pioneer Asset Management Inc.. 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.

How do I buy shares of 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 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 $33.93.

How much money does Conagra Brands make?

Conagra Brands has a market capitalization of $16.58 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.

How many employees does Conagra Brands have?

Conagra Brands employs 16,500 workers across the globe.

What is Conagra Brands' official website?

The official website for Conagra Brands is www.conagrabrands.com.

Where are Conagra Brands' headquarters?

Conagra Brands is headquartered at 222 W. MERCHANDISE MART PLAZA SUITE 1300, CHICAGO IL, 60654.

How can I contact Conagra Brands?

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]


This page was last updated on 2/28/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.