Conagra Brands, Inc. (CAG)
Market Cap | 14.32B |
Revenue (ttm) | 12.05B |
Net Income (ttm) | 347.20M |
Shares Out | 478.21M |
EPS (ttm) | 0.72 |
PE Ratio | 41.58 |
Forward PE | 11.36 |
Dividend | $1.40 (4.68%) |
Ex-Dividend Date | Aug 1, 2024 |
Volume | 3,518,359 |
Open | 29.50 |
Previous Close | 29.53 |
Day's Range | 29.44 - 29.98 |
52-Week Range | 25.16 - 33.23 |
Beta | 0.31 |
Analysts | Hold |
Price Target | 31.00 (+3.54%) |
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 four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. 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 ... [Read more]
Financial Performance
In 2024, Conagra Brands's revenue was $12.05 billion, a decrease of -1.84% compared to the previous year's $12.28 billion. Earnings were $347.20 million, a decrease of -49.21%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CAG stock is "Hold." The 12-month stock price forecast is $31.0, which is an increase of 3.54% from the latest price.
News
Conagra Brands Recognized as "Best Place to Work for Disability Inclusion" for 2024
CHICAGO , July 16, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America's leading branded food companies, today announced it has been recognized as one of the "Best Places to Wo...
ConAgra Analysts Slash Their Forecasts Following Weak Sales
Conagra Brands, Inc. CAG reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates.
Conagra Brands projects lower annual sales, profit on tepid demand recovery
Conagra Brands forecast annual revenue and profit below analysts' estimates on Thursday, as cash-strapped consumers turned to cheaper pantry staples for their at-home meals.
Conagra Brands Stock Falls as it Warns About a Challenging Consumer Environment
Conagra Brands (CAG) shares fell Thursday as the processed food giant gave weaker-than-expected guidance amid what it called a “difficult consumer environment.”
PEP, CAG Revenue Miss, DRI Narrows, ON Downgrade
PepsiCo (PEP) falls after revenue miss. Conagra (CAG) also ticks lower after a revenue miss and a downbeat profit outlook.
Conagra Beat Earnings Estimates. Why The Stock Is Taking a Tumble.
The snack brands owner reported adjusted earnings per share of 61 cents, beating Wall Street's call for 57 cents.
Conagra's stock slumps after revenue miss, downbeat profit outlook
Shares of Conagra Brands Inc. CAG, +0.24% sank 3.5% toward a four-month low in premarket trading Thursday, after the branded foods company reported fiscal fourth-quarter revenue that fell shy of forec...
Conagra Brands forecasts annual organic sales below estimates on tepid demand
Conagra Brands forecast annual organic sales below estimates on Thursday as cash-strapped shoppers turned to cheaper alternatives for their at-home meals as high living costs continued to weigh on sal...
Conagra Brands Reports Fourth Quarter Results and Quarterly Dividend
CHICAGO , July 11, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the fourth quarter and full year fiscal year 2024, which ended on May 26, 2024. All comparisons are ...
Earnings Exchange: Pepsi, Conagra, & Delta
Jeff Kilburg, CEO of KKM Financial, joins CNBC's 'The Exchange' to discuss three stocks: Pepsi, Conagra, and Delta Airlines.
Top Wall Street Forecasters Revamp Conagra Brands Expectations Ahead Of Q4 Earnings
Conagra Brands, Inc. CAG will release its fiscal 2024 fourth quarter financial results, before the opening bell on Thursday, July 11.
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...
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...
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...
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 ...
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, ...
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...
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 ...
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...
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...
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...
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.
Cramer's Mad Dash: Conagra Brands
CNBC's Jim Cramer delivers his daily Mad Dash.
Conagra Brands Stock Jumps as Earnings Top Estimates
Conagra also raises its fiscal-year margin outlook.
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.