Conagra Brands, Inc. (CAG)

NYSE: CAG · IEX Real-Time Price · USD
29.31
-0.69 (-2.30%)
Apr 12, 2024, 4:00 PM EDT - Market closed
-2.30%
Market Cap 14.01B
Revenue (ttm) 12.12B
Net Income (ttm) 952.00M
Shares Out 478.06M
EPS (ttm) 1.99
PE Ratio 14.73
Forward PE 11.02
Dividend $1.40 (4.78%)
Ex-Dividend Date Apr 29, 2024
Volume 3,014,163
Open 30.02
Previous Close 30.00
Day's Range 29.27 - 30.02
52-Week Range 25.16 - 38.73
Beta 0.39
Analysts Hold
Price Target 32.58 (+11.16%)
Earnings Date Apr 4, 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 12 analysts, the average rating for CAG stock is "Hold." The 12-month stock price forecast is $32.58, which is an increase of 11.16% from the latest price.

Price Target
$32.58
(11.16% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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
3 days 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...

3 days 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.

10 days ago - Investopedia

Cramer's Mad Dash: Conagra Brands

CNBC's Jim Cramer delivers his daily Mad Dash.

10 days ago - CNBC Television

Conagra Brands Stock Jumps as Earnings Top Estimates

Conagra also raises its fiscal-year margin outlook.

10 days 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.

10 days 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...

10 days 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...

10 days 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
11 days 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...

24 days 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...

4 weeks 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...

5 weeks 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...

6 weeks 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...

7 weeks 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...

7 weeks 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...

2 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 ...

2 months ago - PRNewsWire

Celebrate National Popcorn Day with a POP of Fun and Flavour

TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Iconic popcorn snacks from Conagra Brands, Inc., Orville Redenbacher® and Angie's® BOOMCHICKAPOP®, are here to help Canadians break up the winter doldrums by...

3 months ago - GlobeNewsWire

Snacks Are Pricey, but We Just Keep Eating

Carrefour and PepsiCo bicker over price increases but many food companies raised prices as inflation rose with limited damage to sales volume.

Other symbols: CPBHSYKDPKOMDLZPEP
3 months ago - Barrons

Levi Strauss & Co. Appoints David Marberger to Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) (NYSE: LEVI) announced today that its board of directors has appointed David Marberger as a member of the board and to serve on the board's ...

Other symbols: LEVI
3 months ago - Business Wire

Three-Stock Lunch: American Express, Walgreens and Conagra

Victoria Greene, founder and CIO at G Squared Private Wealth, joins 'Power Lunch' to discuss three stocks: American Express, Walgreens and Conagra.

Other symbols: AXPWBA
3 months ago - CNBC Television

Conagra's stock drops as Q2 revenue and 2024 outlook fall short of analyst estimate

Conagra Brands Inc.'s stock CAG, -0.85% was down by 2.4% in premarket trading on Thursday after the food giant's second-quarter revenue and 2024 profit outlook fell short of analyst estimates, despite...

3 months ago - Market Watch

Conagra Brands Reports Second Quarter Results

CHICAGO , Jan. 4, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the second quarter of fiscal year 2024, which ended on November 26, 2023. All comparisons are against...

3 months ago - PRNewsWire

Here are the 20 worst-performing stocks among the S&P 500 in 2023

The U.S. stock market staged a remarkable rally in 2023, but 173 stocks in the S&P 500 were still down for the year.

Other symbols: AESALBBMYDGDVNELENPH
3 months ago - Market Watch

Conagra Brands Employees Raise More Than $500,000 During Annual "United for Change" Campaign

Funds support United Way, addressing root causes of poverty and important social issues that resonate with the diverse interests of employees. CHICAGO , Dec. 20, 2023 /PRNewswire/ -- Conagra Brands an...

4 months ago - PRNewsWire