Conagra Brands Stock Forecast, Price & News

Conagra Brands (NYSE:CAG) Frequently Asked Questions

Is Conagra Brands a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conagra Brands in the last year. There are currently 1 sell rating, 8 hold ratings and 1 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.

How has Conagra Brands' stock price been impacted by COVID-19 (Coronavirus)?

Conagra Brands' stock was trading at $26.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CAG shares have increased by 17.0% and is now trading at $31.37.
View which stocks have been most impacted by COVID-19.

When is Conagra Brands' next earnings date?

Conagra Brands is scheduled to release its next quarterly earnings announcement on Thursday, January 6th 2022.
View our earnings forecast for Conagra Brands.

How were Conagra Brands' earnings last quarter?

Conagra Brands, Inc. (NYSE:CAG) issued its earnings results on Wednesday, October, 6th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.01. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.53 billion. Conagra Brands had a net margin of 10.80% and a trailing twelve-month return on equity of 13.92%. The company's quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.70 earnings per share.
View Conagra Brands' earnings history.

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

Conagra Brands announced a quarterly dividend on Wednesday, September 29th. Investors of record on Monday, November 1st will be paid a dividend of $0.3125 per share on Wednesday, December 1st. This represents a $1.25 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend is Friday, October 29th.
View Conagra Brands' dividend history.

Is Conagra Brands a good dividend stock?

Conagra Brands pays an annual dividend of $1.25 per share and currently has a dividend yield of 4.03%. CAG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Conagra Brands has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Conagra Brands is 50.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Conagra Brands will have a dividend payout ratio of 47.35% 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 FY 2022 earnings guidance on Thursday, October, 28th. The company provided earnings per share (EPS) guidance of $2.500-$2.500 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.460. The company issued revenue guidance of -.

What price target have analysts set for CAG?

10 Wall Street analysts have issued 12-month price objectives for Conagra Brands' stock. Their forecasts range from $34.00 to $41.00. On average, they anticipate Conagra Brands' stock price to reach $36.56 in the next year. This suggests a possible upside of 16.5% 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:

• Sean M. Connolly, President, Chief Executive Officer & Director
• Thomas M. McGough, Co-Chief Operating Officer & Executive VP
• Darren C. Serrao, Co-Chief Operating Officer & Executive VP
• David S. Marberger, Chief Financial Officer & Executive Vice President
• Mindy Simon, Chief Information Officer

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?

Some companies that are related to Conagra Brands include Mondelez International (MDLZ), General Mills (GIS), Hershey (HSY), Tyson Foods (TSN), McCormick & Company, Incorporated (MKC), Hormel Foods (HRL), Kellogg (K), J. M. Smucker (SJM), Campbell Soup (CPB), Pilgrim's Pride (PPC), Post (POST), Flowers Foods (FLO), Seaboard (SEB), Sanderson Farms (SAFM) and Lancaster Colony (LANC).
View all of CAG's 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), Walt Disney (DIS), Cisco Systems (CSCO), NVIDIA (NVDA), 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 retail and institutional investors. Top institutional shareholders include Capital World Investors (12.26%), BlackRock Inc. (8.08%), Macquarie Group Ltd. (4.21%), American Century Companies Inc. (2.70%), LSV Asset Management (1.97%) and Geode Capital Management LLC (1.81%). 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, 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 Arrowstreet Capital Limited Partnership, Assetmark Inc., Deutsche Bank AG, Morgan Stanley, Vigilant Capital Management LLC, KBC Group NV, DekaBank Deutsche Girozentrale, and Robeco Institutional Asset Management B.V.. Company insiders that have sold Conagra Brands company stock in the last year include Colleen Batcheler, Jana Partners Llc, 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 Nordea Investment Management AB, American Century Companies Inc., Macquarie Group Ltd., BlackRock Inc., Brandywine Global Investment Management LLC, NN Investment Partners Holdings N.V., Russell Investments Group Ltd., and Renaissance Technologies LLC. Company insiders that have bought Conagra Brands stock in the last two years include Craig P Omtvedt, 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.
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What is Conagra Brands' stock price today?

One share of CAG stock can currently be purchased for approximately $31.37.

How much money does Conagra Brands make?

Conagra Brands has a market capitalization of $15.05 billion and generates $11.18 billion in revenue each year. The company earns $1.30 billion in net income (profit) each year or $2.48 on an earnings per share basis.

How many employees does Conagra Brands have?

Conagra Brands employs 18,600 workers across the globe.

Does Conagra Brands have any subsidiaries?

The following companies are subsidiares of Conagra Brands: Agro Tech Foods, Alexia Foods, Aliments ConAgra Canada Inc., American Pie - Assets, Angie's Artisan Treats, Angie's Artisan Treats LLC, Bertolli, Blake's All Natural Foods, Capitol Milling Co., ConAgra Foods AM Holding S.a.r.l., ConAgra Foods Canada Inc., ConAgra Foods Enterprise Services Inc., ConAgra Foods Packaged Foods LLC, ConAgra Foods RDM Inc., ConAgra Foods Sales LLC, ConAgra Funding LLC, Conagra G&S (CAG) LLC, Conagra G&S (PF) LLC, Conagra R&F (PF) LLC, Del Monte Canada, Egg Beaters, Elan Nutrition, Fernando's Foods Corporation, Frontera Foods, GoodMark Foods, Holly Ridge Foods Inc., International Home Foods, Lightlife Foods, Lincoln Snacks, Litton Industries - Emerge, National Pretzel Company, Odom's Tennessee Pride, Pinnacle Foods, Ralcorp, Sandwich Bros. of Wisconsin, Saroni Sugar & Rice, Signature Foods, TaiMei Potato, Thanasi Foods, Twin City Foods - Assets, and Watts Brothers.

When was Conagra Brands founded?

Conagra Brands was founded in 1919.

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, via email at [email protected], or via fax at 402-595-4709.