Conagra Brands, Inc. (CAG)

NYSE: CAG · IEX Real-Time Price · USD
29.94
+0.41 (1.39%)
At close: Jul 26, 2024, 4:00 PM
29.78
-0.16 (-0.53%)
After-hours: Jul 26, 2024, 5:16 PM EDT
1.39%
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]

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

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 Statements

Analyst 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.

Price Target
$31.0
(3.54% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

10 days ago - PRNewsWire

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.

14 days ago - Benzinga

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.

15 days ago - Reuters

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.”

15 days ago - Investopedia

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.

Other symbols: DRIONPEP
15 days ago - Schwab Network

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.

15 days ago - Barrons

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...

15 days ago - Market Watch

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...

15 days ago - Reuters

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 ...

15 days ago - PRNewsWire

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.

Other symbols: PEPDAL
16 days ago - CNBC Television

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.

17 days ago - Benzinga

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...

4 weeks 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
4 weeks 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...

4 weeks 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 ...

6 weeks 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, ...

2 months 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...

2 months 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...

3 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
3 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...

3 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.

4 months ago - Investopedia

Cramer's Mad Dash: Conagra Brands

CNBC's Jim Cramer delivers his daily Mad Dash.

4 months ago - CNBC Television

Conagra Brands Stock Jumps as Earnings Top Estimates

Conagra also raises its fiscal-year margin outlook.

4 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.

4 months ago - Invezz