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 given 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 3.00%. The ex-dividend date 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, beating the consensus estimate of $0.57 by $0.06. The firm earned $2.82 billion during the quarter, compared to analyst estimates of $2.80 billion. Conagra Brands had a return on equity of 12.50% and a net margin of 7.62%. The firm's quarterly revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 EPS. 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 Monday, February, 17th. The company provided earnings per share guidance of $2.00-2.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.08. The company issued revenue guidance of +10.0-10.5% to $10.49-10.54 billion, compared to the consensus revenue estimate of $10.71 billion.

15 brokerages 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' stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 19.8% 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.

Media stories about CAG stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Conagra Brands earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect 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 trading volume of 4,500,000 shares, the days-to-cover ratio is currently 5.2 days. Approximately 4.8% of the company's stock are sold short. View Conagra Brands' Current Options Chain.

Some companies that are related to Conagra Brands include Mondelez International (MDLZ), Hershey (HSY), General Mills (GIS), Tyson Foods (TSN), Hormel Foods (HRL), Kellogg (K), MCCORMICK & CO /SH (MKC), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Seaboard (SEB), 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), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Pfizer (PFE), Walt Disney (DIS), Home Depot (HD), NVIDIA (NVDA) and Boeing (BA).

Conagra Brands' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Wealth Quarterback LLC (42.31%), Capital World Investors (6.09%), State Street Corp (4.51%), FMR LLC (2.33%), Bank of New York Mellon Corp (1.58%) and Geode Capital Management LLC (1.57%). 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., Phoenix Holdings Ltd., California Public Employees Retirement System, Sasco Capital Inc. CT and Sei Investments Co.. 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 Wealth Quarterback LLC, Capital World Investors, Franklin Resources Inc., Payden & Rygel, LSV Asset Management, Jennison Associates LLC, Geode Capital Management LLC and Schafer Cullen Capital Management Inc. 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 $28.38.

Conagra Brands has a market capitalization of $13.81 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]