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Conagra Brands, Inc. (CAG)

NYSE: CAG · IEX Real-Time Price · USD
33.19
-0.16 (-0.48%)
After-hours:Sep 24, 2021 7:44 PM EDT
33.35
0.16 (0.48%)
At close: Sep 24, 4:00 PM
Market Cap16.02B
Revenue (ttm)11.18B
Net Income (ttm)1.30B
Shares Out479.95M
EPS (ttm)2.66
PE Ratio12.54
Forward PE13.53
Dividend$1.04 (3.11%)
Ex-Dividend DateAug 2, 2021
Volume1,639,802
Open33.24
Previous Close33.19
Day's Range33.24 - 33.45
52-Week Range31.76 - 38.73
Beta0.82
AnalystsBuy
Price Target37.00 (+10.9%)
Est. Earnings DateOct 7, 2021

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...

IndustryFood Products
Founded1919
CEOSean Connolly
Employees18,600
Stock ExchangeNYSE
Ticker SymbolCAG
Full Company Profile

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 Statements

Analyst Forecast

According to 16 analysts, the average rating for Conagra Brands stock is "Buy." The 12-month stock price forecast is 37.00, which is an increase of 10.94% from the latest price.

Price Target
$37.00
(10.94% upside)
Analyst Consensus: Buy

News

Input Cost Inflation Turns Things Sour for These Food Stocks

Food companies such as Conagra (CAG), Kellogg (K), The J.M. Smucker (SJM) and TreeHouse Foods (THS) are seeing escalated input costs.

Other symbols:FLOKLWMKCSJMTHS
2 days ago - Zacks Investment Research

Conagra Brands Foundation Awards Grants to 17 Local Nonprofits Through "Nourish Our Community" Program

CHICAGO, Sept. 17, 2021 /PRNewswire/ -- In support of Hunger Action Month and to underscore its commitment to fighting food insecurity, Conagra Brands Foundation has announced the recipients of its annu...

1 week ago - PRNewsWire

Conagra Brands Announces Details Of Fiscal 2022 First Quarter Earnings Release, Webcast And Conference Call

CHICAGO, Sept. 9, 2021 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will host a webcast and conference call to review its fiscal 2022 first quarter results on Thursday, October 7, 2021, at 9:30 a.m.

2 weeks ago - PRNewsWire

Conagra (CAG) Troubled by Escalated Costs & Divestitures

Conagra Brands (CAG) expects cost inflation of 9% in fiscal 2022. The company is also seeing tough comparisons with the year-ago period's initial pandemic-led demand spike.

2 weeks ago - Zacks Investment Research

CONAGRA BRANDS (CAG) Down 0.2% Since Last Earnings Report: Can It Rebound?

CONAGRA BRANDS (CAG) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

3 Risky Picks That Could Pay Off

The three stocks listed below have underperformed the broader market recently. They are also in financial distress, as represented by low Altman Z-Scores, meaning that they face the potential of bankrup...

Other symbols:KSJW
1 month ago - GuruFocus

4 Stocks Insiders Are Selling

When insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock.

Other symbols:CSXCVNASNAP
1 month ago - Benzinga

Conagra Brands Announces Appointment Of Fran Horowitz To Its Board Of Directors

CHICAGO, July 26, 2021 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Fran Horowitz to its board of directors, effective Aug. 2, 2021. With this addition, the Conagr...

1 month ago - PRNewsWire

4 Food Stocks Worth Relishing Despite Industry Challenges

The Zacks Food-Miscellaneous industry is facing headwinds surrounding at-home demand moderation. Nevertheless, portfolio growth efforts have been aiding Mondelez (MDLZ), The J.M.

2 months ago - Zacks Investment Research

7 Consumer Stocks to Buy for Reliable Gains In Any Market

With the market at all-time highs, flavor of the week stock trades are tempting. However, it may be time to cycle into consumer stocks.

Other symbols:CLXELKMOPEPROST
2 months ago - InvestorPlace

BofA Downgrades Conagra Brands On Challenging Year Ahead

Fiscal 2022 is likely to be a transition year for Conagra Brands Inc (NYSE:CAG), as management takes action to combat inflation, against tough COVID-19-related volume comparisons, according to BofA Secu...

2 months ago - Benzinga

ConAgra raising prices to help offset rising costs

ConAgra is cutting its fiscal 2022 outlook due to rising costs, which the food company will try to offset by boosting prices.

2 months ago - Fox Business

Conagra (CAG) Trims Guidance Despite Q4 Earnings & Sales Beat

Conagra's (CAG) fourth-quarter fiscal 2021 earnings and sales decline year over year. Management expects increased cost inflation in fiscal 2022.

2 months ago - Zacks Investment Research

Here's what Conagra Brands' Q4 earnings report tells us

Conagra Brands Inc (NYSE: CAG) said on Tuesday its sales came in weaker than last year in the fiscal fourth quarter. Earnings and revenue, however, topped Wall Street estimates.

2 months ago - Invezz

Daily Dividend Report: Conagra Brands, Fastenal, Baxter International, AON, Duke Energy

The Company's new quarterly dividend payment of $0.3125 per share of Conagra common stock will be paid on September 2, 2021 to stockholders of record as of the close of business on August 3, 2021.

Other symbols:AONBAXDUKFAST
2 months ago - Forbes

PepsiCo and Conagra plan to battle rising costs with higher prices

PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.

Other symbols:PEP
2 months ago - CNBC

Conagra Shares Fall After Downbeat FY22 Outlook

Consumer packaged goods company Conagra Brands Inc (NYSE: CAG) reported fourth quarter FY21 sales of $2.73 billion, a 16.68% fall year-on-year, beating the consensus of $2.71 billion. Grocery & Snacks s...

2 months ago - Benzinga

Conagra Brands cuts annual profit forecast on cost pressures

(Reuters) -Conagra Brands Inc lowered its full-year profit forecast on Tuesday, as the packaged foods company expects to take a hit from higher commodity prices and shipping logjams.

2 months ago - Reuters

Conagra Brands: Q4 Earnings Insights

Shares of Conagra Brands (NYSE:CAG) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share decreased 28.00% over the past year to $0.54, which beat the estimate ...

2 months ago - Benzinga

Conagra Brands Reports Strong FY21 Fourth Quarter And Full-Year Results

CHICAGO, July 13, 2021 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the fourth quarter and full fiscal year 2021, which ended on May 30, 2021. All comparisons are against ...

2 months ago - PRNewsWire

Big Week Ahead for Q2 Earnings, Economic Data

Q2 earnings season unofficially begins this week, with reports anticipated from some of the biggest companies on Wall Street.

Other symbols:BACCDALGSJPMMSPEPUNH
2 months ago - Zacks Investment Research

Markets Await Earnings and Economic Data

Markets Await Earnings and Economic Data

Other symbols:BACCDALGSJPMMSPEPUNH
2 months ago - Zacks Investment Research

Conagra Brands's Earnings: A Preview

On Tuesday, July 13, Conagra Brands (NYSE:CAG) will release its latest earnings report. Decipher the announcement with Benzinga's help.

2 months ago - Benzinga

Conagra Set to Kick Off Another Earnings Season Next Week

The shares of Conagra Brands Inc (NYSE:CAG) are flat this afternoon, last seen down 0.1% at $36.15.

2 months ago - Schaeffers Research

Conagra Brands (CAG) to Post Q4 Earnings: What to Expect?

Conagra's (CAG) fourth-quarter fiscal 2021 results are likely to reflect softness in its Foodservice business. Pandemic-induced expenses and cost inflation remain other concerns.

2 months ago - Zacks Investment Research