Conagra Brands, Inc. (CAG)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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.
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...
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...
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...
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...
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 ...
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. ...
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...
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...
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...
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...
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...
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...
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.