Conagra Brands, Inc. (CAG)
| Market Cap | 16.40B |
| Revenue (ttm) | 11.37B |
| Net Income (ttm) | 1.04B |
| Shares Out | 479.88M |
| EPS (ttm) | 2.15 |
| PE Ratio | 15.90 |
| Forward PE | 12.76 |
| Dividend | $1.25 (3.66%) |
| Ex-Dividend Date | Apr 28, 2022 |
| Volume | 837,594 |
| Open | 34.27 |
| Previous Close | 33.94 |
| Day's Range | 33.86 - 34.38 |
| 52-Week Range | 30.06 - 36.97 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 36.66 (+7.2%) |
| Earnings Date | Jul 14, 2022 |
About CAG
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature-controlled food products in various retail channels in the United States. The International segment offers food products in various tempera... [Read more...]
Financial Performance
In 2021, Conagra Brands's revenue was $11.18 billion, an increase of 1.18% compared to the previous year's $11.05 billion. Earnings were $1.30 billion, an increase of 54.60%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for CAG stock is "Buy." The 12-month stock price forecast is 36.66, which is an increase of 7.24% from the latest price.
News
Gardein® Launches New Pea & Wheat Plant-Based Chick'n
Bring on the flavour! More delicious ways to enjoy plant-based products have arrived in Canada Bring on the flavour! More delicious ways to enjoy plant-based products have arrived in Canada
CONAGRA BRANDS RECOGNIZED AS ONE OF THE 50 MOST COMMUNITY-MINDED COMPANIES IN THE UNITED STATES FOR THE FOURTH CONSEC...
CHICAGO , June 16, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced it has been named an honoree of The Civic 50, which recognizes the 50 most community-minded companies in the nati...
CONAGRA BRANDS ANNOUNCES DETAILS OF FISCAL 2022 FOURTH QUARTER EARNINGS RELEASE, WEBCAST AND CONFERENCE CALL
CHICAGO , June 9, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will host a webcast and conference call to review its fiscal 2022 fourth quarter results on Thursday, July 14, 2022, at 9:30 a.m. ...
Conagra Brands Celebrates Employee-Led Sustainable Development Awards Program
Employee sustainability initiatives generate nearly $9 million in company savings CHICAGO , June 3, 2022 /PRNewswire/ -- In celebration of World Environment Day on June 5, Conagra Brands (NYSE: CAG) ann...
CONAGRA BRANDS NAMES CAREY BARTELL EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND CORPORATE SECRETARY
CHICAGO , June 2, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Carey Bartell to executive vice president, general counsel and corporate secretary, effective J...
Conagra Brands (CAG) Troubled by Inflation in Cost of Goods
Conagra Brands (CAG) has been encountering cost of goods sold inflation for a while now. Gross inflation is likely to be roughly 16% in fiscal 2022.
Conagra Brands Showcases Stellar Snacks Line-up at 2022 Sweets & Snacks Expo
An Industry leader to highlight new and popular offerings from a range of powerhouse brands CHICAGO , May 23, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America's leading brande...
Swiss Miss, Cinnamon Toast Crunch Debut New Cinnamilk Hot Drink Mix
Two Iconic Brands Combine for New Delicious Beverage Experience CHICAGO , May 17, 2022 /PRNewswire/ -- Is the delectable, flavored milk at the end your favorite part of eating a bowl of cereal? If so, S...
Angie's BOOMCHICKAPOP Creates First-Ever Popcorn-Cut Diamond Just in Time for Wedding Season
Popcorn Brand Partners with Luxury Jewelry Designer Stephanie Gottlieb to Launch Popcorn-Cut Diamond Ring Perfect for Popping the Question CHICAGO , May 17, 2022 /PRNewswire/ -- With an estimated 2.5 mi...
GARDEIN UNVEILS NEW ADDITIONS TO ULTIMATE PLANT-BASED COLLECTION
New Plant-based Saus'ge and Chick'n Wings Highlight Latest Delicious Offerings CHICAGO , May 10, 2022 /PRNewswire/ -- Gardein's Ultimate Plant-based line is about to get even better. Gardein, a brand of...
It's time to bake some memories: New Duncan Hines EPIC™ Baking Kits are a perfect way for Canadians to celebrate miss...
TORONTO, May 09, 2022 (GLOBE NEWSWIRE) -- Duncan Hines®, a brand of Conagra Brands, Inc. (NYSE: CAG) is thrilled to launch the new Duncan Hines EPIC™ Baking Kits this spring with a Canada-wide “Epic Cel...
Lucy Brady Named Brand President of Grocery & Snacks for Conagra Brands
CHICAGO, May 4, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Lucy Brady as president of Grocery & Snacks, effective June 15, 2022. In this role, Brady will le...
3 Midcap Dividends That Defy Inflation (and Putin And Xi, Too)
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CONAGRA BRANDS ANNOUNCES QUARTERLY DIVIDEND PAYMENT
CHICAGO , April 14, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that its board of directors approved a quarterly dividend payment of $0.3125 per share of CAG common stock to be...
Melissa Napier Named Senior Vice President of Investor Relations of Conagra Brands
CHICAGO, April 13, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Melissa Napier as senior vice president of Investor Relations, effective April 25, 2022. In th...
Conagra Brands Announces Board of Directors Change
CHICAGO , April 12, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the departure of independent director Scott Ostfeld from its board of directors. Mr. Ostfeld, a partner of JANA ...
Conagra Brands CEO on snack boom amid inflation: 'Our snack business has been on fire'
Conagra Brands CEO Sean Connolly joins Yahoo Finance's Brian Cheung and Emily McCormick to discuss company earnings, the snack boom, inflationary issues, plant-based trends, and the outlook for growth.
Evol® Becomes First Frozen Brand to Offer Carbonfree® Certified Carbon Neutral Meals
New Five Cheese Alfredo Mac with Chicken Among Eight Certified Single-Serve Offerings CHICAGO , April 12, 2022 /PRNewswire/ -- Good food means more than just a delicious meal. For Evol®, a brand of Cona...
Conagra Stock Has More Room to Grow
Consumer packaged foods giant Conagra Brands, Inc. (NYSE: CAG) stock rebounded into its fiscal Q3 2022 earnings.
Conagra says meat snacks and frozen food taking an inflation-related hit from protein and transportation costs
Conagra Brands Inc. says its meat snack and frozen food business is taking a hit from inflation, which is driving up protein, dairy and transportation costs.
Food producer Conagra reports 12% decrease in ad and promotional spending
CNBC's Jim Cramer and the 'Squawk on the Street' team discuss shares of the food producer Conagra following the company's latest quarterly earnings report.
Conagra CEO says in-home eating has remained strong as inflation soars
The "Mad Money" host spoke with Conagra Brands CEO Sean Connolly on Thursday's episode of the show.