Conagra Brands, Inc. (CAG)

NYSE: CAG · IEX Real-Time Price · USD
28.22
+0.15 (0.53%)
Mar 18, 2024, 4:00 PM EDT - Market closed
0.53%
Market Cap 13.42B
Revenue (ttm) 12.17B
Net Income (ttm) 985.10M
Shares Out 478.01M
EPS (ttm) 2.06
PE Ratio 13.70
Forward PE 10.87
Dividend $1.40 (4.96%)
Ex-Dividend Date Jan 29, 2024
Volume 3,532,939
Open 28.05
Previous Close 28.07
Day's Range 27.97 - 28.24
52-Week Range 25.16 - 38.94
Beta 0.41
Analysts Hold
Price Target 32.92 (+16.66%)
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 $32.92, which is an increase of 16.66% from the latest price.

Price Target
$32.92
(16.66% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

5 days 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...

12 days 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...

18 days 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...

27 days 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...

27 days 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...

6 weeks 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 ...

6 weeks 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...

2 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
2 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
2 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
2 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...

2 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...

2 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
2 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...

3 months ago - PRNewsWire

Slim Jim® Reports Its Custom Car Stolen

Brand Calls on Community to Help Spread Awareness with #FindFastMeat CHICAGO , Dec. 19, 2023 /PRNewswire/ -- Slim Jim, America's iconic protein snack, has had its custom Nissan Z, known to fans as Fas...

3 months ago - PRNewsWire

CONAGRA BRANDS ANNOUNCES QUARTERLY DIVIDEND PAYMENT

CHICAGO , Dec. 14, 2023 /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 months ago - PRNewsWire

CONAGRA BRANDS ANNOUNCES DETAILS OF FISCAL 2024 SECOND QUARTER EARNINGS RELEASE, WEBCAST AND CONFERENCE CALL

CHICAGO, Dec. 4, 2023 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will host a webcast and conference call to review its fiscal 2024 second quarter results on Thursday, Jan. 4, 2024, at 9:30 a.m. ...

3 months ago - PRNewsWire

Conagra Brands Canada Introduces Bertolli® Frozen Skillet Meals to Help Canadians Bring the Italian Restaurant Experience Home

TORONTO, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Canadians trust Bertolli® for its rich 150-year heritage that is synonymous with elevated Italian flavours. Now, Conagra Brands Canada, Inc. (NYSE:  CAG) pr...

4 months ago - GlobeNewsWire

Reddi-wip® and Ugly Christmas Sweater® Launch Matching Holiday Sweaters for People & Their Pets

Limited-edition, Cozy Sweater Collection Whips Up Some Extra Fun This Holiday Season CHICAGO , Nov. 15, 2023 /PRNewswire/ -- Reddi-wip, the iconic real cream whipped topping that's a dessert staple du...

4 months ago - PRNewsWire

Canadians can now bring home an elevated Asian restaurant experience with P.F. Chang's Home Menu™ sauces and frozen meals

MISSISSAUGA, Ontario, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Canadians who want an elevated dining experience at home can now enjoy the bold, restaurant-inspired flavours of P.F. Chang's™, the number one A...

4 months ago - GlobeNewsWire

Get Cozy This Hot Cocoa Season With The Swiss Miss® Candier® Candle

The perfect gift for hot cocoa lovers adds an inviting aroma to your home CHICAGO , Nov. 7, 2023 /PRNewswire/ -- Gather your sweaters and fuzzy socks and set the mood with the new Swiss Miss Hot Cocoa...

4 months ago - PRNewsWire

Gardein Challenges Canadians to Share Real Reactions to New SUPRÊME™ Lineup

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Gardein®, a brand of Conagra Brands, Inc., is expanding its line-up of SUPRÊME™ plant-based products for meat alternative options that look, cook and satisfy...

4 months ago - GlobeNewsWire

Conagra Brands Named to Military Times' 2023 Best for Vets: Employers List

CHICAGO, Nov. 6, 2023 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that it has been recognized on the 2023 Best for Vets: Employers list by Military Times. This recognition comes a...

4 months ago - PRNewsWire

Conagra Stock Could Rise 40% If It Recovers To Pre-Inflation Shock Highs

CAG saw its stock trading at around $31 on June 18, 2022, when the Fed kept increasing rates, and now remains down by about 13% from those levels.

5 months ago - Forbes