Conagra Brands, Inc. (CAG)

NYSE: CAG · IEX Real-Time Price · USD
28.33
+0.03 (0.11%)
At close: Jul 2, 2024, 4:00 PM
28.31
-0.02 (-0.07%)
After-hours: Jul 2, 2024, 7:39 PM EDT
0.11%
Market Cap 13.54B
Revenue (ttm) 12.12B
Net Income (ttm) 952.00M
Shares Out 478.06M
EPS (ttm) 1.99
PE Ratio 14.24
Forward PE 10.71
Dividend $1.40 (4.94%)
Ex-Dividend Date Apr 29, 2024
Volume 3,414,674
Open 28.34
Previous Close 28.30
Day's Range 28.19 - 28.44
52-Week Range 25.16 - 33.77
Beta 0.31
Analysts Hold
Price Target 32.09 (+13.27%)
Earnings Date Jul 11, 2024

About CAG

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states throug... [Read more]

Industry Packaged Foods
Founded 1919
Employees 18,600
Stock Exchange NYSE
Ticker Symbol CAG
Full Company Profile

Financial Performance

In 2023, Conagra Brands's revenue was $12.28 billion, an increase of 6.42% compared to the previous year's $11.54 billion. Earnings were $683.60 million, a decrease of -23.04%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CAG stock is "Hold." The 12-month stock price forecast is $32.09, which is an increase of 13.27% from the latest price.

Price Target
$32.09
(13.27% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Conagra Brands Debuts Dynamic Collection of New Products

More than 50 Meals and Snacks Launching This Summer  CHICAGO , June 26, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America's leading branded food companies, has unveiled an ex...

6 days ago - PRNewsWire

Wall Street's Most Accurate Analysts Spotlight On 3 Risk Off Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: BGSMO
7 days ago - Benzinga

Conagra Brands Enhances its Artificial Intelligence Capabilities with Human-Centered Approach

Collaborations with Microsoft and Ernst & Young LLP (EY) accelerate AI initiatives CHICAGO , June 25, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced it is advancing its artifici...

7 days ago - PRNewsWire

Conagra Brands to Release Fiscal 2024 Fourth Quarter and Full Year Earnings on July 11, 2024

CHICAGO , June 11, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will release its fiscal 2024 fourth quarter and full year results on Thursday, July 11, 2024. A press release and supplemental ...

21 days ago - PRNewsWire

Vlasic Pickles Teams Up with Think Royln for Fashion-Forward Pickleball Collaboration

Limited-Edition Pickleball Clothing and Accessories Available While Supplies Last CHICAGO , May 21, 2024 /PRNewswire/ -- Vlasic® Pickles, a brand of Conagra Brands, Inc. (NYSE: CAG), and Think Royln, ...

6 weeks ago - PRNewsWire

Conagra Brands Brings Snacks for Every Taste to 2024 Sweets & Snacks Expo

Sweet, spicy and savory options highlight new innovation from industry-leading brands CHICAGO , May 13, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America's leading branded fo...

7 weeks ago - PRNewsWire

Vlasic Pickles Launches Playful Pickleball Collaborations with Sprints and Tervis

Limited-Edition Pickleball Gear Now Available While Supplies Last CHICAGO , May 7, 2024 /PRNewswire/ -- Pickleball season is here and Vlasic® Pickles , a brand of Conagra Brands, Inc. (NYSE: CAG), is ...

2 months ago - PRNewsWire

Noelle O'Mara Named Executive Vice President of Conagra Brands

CHICAGO , April 29, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Noelle O'Mara as executive vice president & president, New Platforms and Acquisitions effec...

2 months ago - PRNewsWire

Daily Dividend Report: Lennar, Costco, H.B. Fuller, Fastenal, Conagra

Lennar, one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on M...

Other symbols: COSTFASTFULLEN
2 months ago - Forbes

CONAGRA BRANDS ANNOUNCES QUARTERLY DIVIDEND PAYMENT

CHICAGO , April 11, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that its Board of Directors approved a quarterly dividend payment of $0.35 per share of CAG common stock to be...

2 months ago - PRNewsWire

Conagra Stock Jumps on Strong Earnings as Cost Cuts Offset Sluggish Demand

Conagra Brands (CAG) stock rose Thursday following the release of a quarterly earnings report that beat analyst estimates despite a 2% decrease in sales compared to the year-ago period.

3 months ago - Investopedia

Cramer's Mad Dash: Conagra Brands

CNBC's Jim Cramer delivers his daily Mad Dash.

3 months ago - CNBC Television

Conagra Brands Stock Jumps as Earnings Top Estimates

Conagra also raises its fiscal-year margin outlook.

3 months ago - Barrons

Saporu sees ‘strong value' in Conagra Brands after Q3 earnings

Conagra Brands Inc is trading up in premarket on Thursday after reporting in-line financial results for its fiscal third quarter. This is a developing story.

3 months ago - Invezz

Conagra's stock jumps toward an 8-month high after profit, sales beat expectations and margin outlook raised

Shares of Conagra Brands Inc. CAG, -1.66% jumped 5.5% toward an eight-month high in premarket trading Thursday, after the food brands company reported fiscal third-quarter profit and sales that beat e...

3 months ago - Market Watch

CONAGRA BRANDS REPORTS THIRD QUARTER RESULTS

CHICAGO , April 4, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the third quarter of fiscal year 2024, which ended on February 25, 2024. All comparisons are against...

3 months ago - PRNewsWire

New Street's Delano Saporu on Levi Strauss, Conagra Brands and BlackBerry

Delano Saporu, New Street Advisors founder and CEO, joins 'The Exchange' to discuss how to trade Levi Strauss, Conagra Brands, and BlackBerry.

Other symbols: BBLEVI
3 months ago - CNBC Television

Conagra Brands Releases Fiscal Year 2023 Citizenship Report

Report Details Continued Progress Across Four Strategic Pillars CHICAGO , March 21, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the publication of its 2023 Citizenship Report...

3 months ago - PRNewsWire

Conagra Brands Unveils Meals, Sides and Snacks at Natural Products Expo West 2024

New Foods Combine Convenience, Elevated Ingredients and Delicious Flavor CHICAGO , March 13, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America's leading branded food companie...

3 months ago - PRNewsWire

Conagra Brands to Release Fiscal 2024 Third Quarter Earnings on April 4, 2024

CHICAGO , March 6, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will release its fiscal 2024 third quarter results on Thursday, April 4, 2024. A press release and supplemental materials, incl...

4 months ago - PRNewsWire

Conagra Brands Enters Into a Definitive Agreement to Divest its 51.8% Ownership Stake in Agro Tech Foods Limited

CHICAGO , Feb. 29, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that one of its subsidiaries has entered into a definitive agreement with funds advised by Convergent Finance a...

4 months ago - PRNewsWire

Conagra sees 'opportunity' to sell frozen meals to those on weight loss drugs

U.S. packaged foods firm Conagra Brands sees an "opportunity" to sell more frozen meals, meat snacks and popcorn to people using weight-loss drugs like Ozempic, executive Tom McGough said Tuesday at a...

4 months ago - Reuters

Angie's® BOOMCHICKAPOP® Introduces New Cinnabon® Drizzled Kettle Corn

Cinnabon Ready-to-Eat Popcorn Adds a Pop of Positivity to Your Day CHICAGO , Feb. 20, 2024 /PRNewswire/ -- Angie's ® BOOMCHICKAPOP®, a brand of Conagra Brands, Inc. (NYSE: CAG), has partnered with Cin...

4 months ago - PRNewsWire

CONAGRA BRANDS ANNOUNCES DETAILS OF 2024 CAGNY CONFERENCE PRESENTATION WEBCAST

CHICAGO , Jan. 30, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will present at the 2024 CAGNY (Consumer Analyst Group of New York) Conference on Tuesday, Feb. 20, at 9 a.m. ET.   Sean Connol...

5 months ago - PRNewsWire

Mrs. Butterworth's® and Dunkin'® Partner to Introduce New Glazed Donut Flavored Syrup

New Dunkin' Syrup Makes Breakfast Even Sweeter CHICAGO , Jan. 30, 2024 /PRNewswire/ -- Mrs. Butterworth's®, a brand of Conagra Brands, Inc. (NYSE: CAG), has teamed up with Dunkin' ® to launch the new ...

5 months ago - PRNewsWire