Conagra Brands, Inc. (NYSE:CAG – Free Report) – Equities researchers at Zacks Research reduced their FY2025 earnings per share (EPS) estimates for shares of Conagra Brands in a note issued to investors on Thursday, January 2nd. Zacks Research analyst V. Bagree now expects that the company will earn $2.45 per share for the year, down from their prior estimate of $2.60. The consensus estimate for Conagra Brands’ current full-year earnings is $2.58 per share. Zacks Research also issued estimates for Conagra Brands’ Q1 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.64 EPS, FY2026 earnings at $2.53 EPS, Q1 2027 earnings at $0.56 EPS and FY2027 earnings at $2.66 EPS.
A number of other equities research analysts have also recently weighed in on CAG. Barclays cut their price target on Conagra Brands from $33.00 to $32.00 and set an “overweight” rating on the stock in a report on Monday, December 23rd. Bank of America reduced their price target on Conagra Brands from $31.00 to $29.00 and set a “neutral” rating for the company in a research report on Friday, December 20th. Citigroup lowered their price target on Conagra Brands from $31.00 to $29.00 and set a “neutral” rating on the stock in a report on Wednesday, December 11th. JPMorgan Chase & Co. decreased their target price on shares of Conagra Brands from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $29.00 price target on shares of Conagra Brands in a research report on Friday, December 20th. Seven research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $30.56.
Conagra Brands Trading Down 0.1 %
Shares of NYSE:CAG opened at $27.65 on Monday. The company has a quick ratio of 0.33, a current ratio of 0.94 and a debt-to-equity ratio of 0.86. The company’s 50-day moving average price is $27.81 and its 200 day moving average price is $29.42. The company has a market cap of $13.20 billion, a PE ratio of 26.84, a P/E/G ratio of 2.91 and a beta of 0.29. Conagra Brands has a fifty-two week low of $26.21 and a fifty-two week high of $33.24.
Conagra Brands (NYSE:CAG – Get Free Report) last issued its earnings results on Thursday, December 19th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02. Conagra Brands had a return on equity of 13.71% and a net margin of 4.14%. The firm had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same period last year, the company earned $0.71 earnings per share. The firm’s revenue for the quarter was down .4% on a year-over-year basis.
Conagra Brands Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Monday, January 27th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date of this dividend is Monday, January 27th. Conagra Brands’s payout ratio is 137.25%.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Everence Capital Management Inc. grew its holdings in shares of Conagra Brands by 14.2% in the 4th quarter. Everence Capital Management Inc. now owns 18,350 shares of the company’s stock worth $509,000 after acquiring an additional 2,280 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Conagra Brands by 0.6% in the third quarter. Principal Financial Group Inc. now owns 573,789 shares of the company’s stock worth $18,660,000 after buying an additional 3,597 shares during the period. Inspire Trust Co. N.A. increased its position in shares of Conagra Brands by 14.7% in the third quarter. Inspire Trust Co. N.A. now owns 85,587 shares of the company’s stock worth $2,783,000 after acquiring an additional 11,000 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Conagra Brands in the 3rd quarter valued at approximately $196,000. Finally, Sanctuary Advisors LLC boosted its stake in Conagra Brands by 526.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 167,181 shares of the company’s stock worth $5,437,000 after purchasing an additional 140,512 shares during the period. Institutional investors own 83.75% of the company’s stock.
Conagra Brands Company Profile
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.
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