Conagra Brands (NYSE:CAG) Releases FY 2026 Earnings Guidance

Conagra Brands (NYSE:CAG) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.700-1.85 for the period, compared to the consensus estimate of 1.810. The company issued revenue guidance of -.

Conagra Brands Stock Down 0.7%

Shares of CAG opened at $17.80 on Friday. The company’s 50-day moving average price is $17.68 and its 200 day moving average price is $19.02. Conagra Brands has a 12-month low of $16.60 and a 12-month high of $28.51. The company has a current ratio of 1.06, a quick ratio of 0.44 and a debt-to-equity ratio of 0.81. The firm has a market cap of $8.51 billion, a P/E ratio of 10.11 and a beta of -0.01.

Conagra Brands (NYSE:CAG) last announced its quarterly earnings results on Friday, December 19th. The company reported ($1.39) earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($1.83). Conagra Brands had a net margin of 7.42% and a return on equity of 11.72%. The company had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3 billion. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. On average, sell-side analysts forecast that Conagra Brands will post 2.35 earnings per share for the current year.

Conagra Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Tuesday, January 27th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 7.9%. The ex-dividend date is Tuesday, January 27th. Conagra Brands’s dividend payout ratio (DPR) is currently 79.55%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank Of Canada reissued a “sector perform” rating and set a $22.00 target price on shares of Conagra Brands in a research note on Thursday, October 2nd. Wells Fargo & Company cut their price target on shares of Conagra Brands from $20.00 to $19.00 and set an “equal weight” rating on the stock in a research note on Friday, December 12th. UBS Group reduced their price target on shares of Conagra Brands from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. JPMorgan Chase & Co. dropped their price objective on shares of Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Conagra Brands in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $20.25.

Insider Transactions at Conagra Brands

In other Conagra Brands news, SVP Melissa C. Napier sold 13,011 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $17.19, for a total transaction of $223,659.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Conagra Brands

Several institutional investors have recently modified their holdings of CAG. CIBC Private Wealth Group LLC increased its holdings in Conagra Brands by 43.6% in the third quarter. CIBC Private Wealth Group LLC now owns 4,840 shares of the company’s stock valued at $89,000 after buying an additional 1,470 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in shares of Conagra Brands in the 3rd quarter valued at about $2,926,000. Wilmington Savings Fund Society FSB raised its position in shares of Conagra Brands by 50.0% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 6,725 shares of the company’s stock worth $123,000 after acquiring an additional 2,241 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in Conagra Brands by 394.2% during the third quarter. Sunbelt Securities Inc. now owns 11,672 shares of the company’s stock worth $214,000 after purchasing an additional 9,310 shares during the last quarter. Finally, Captrust Financial Advisors increased its stake in Conagra Brands by 5.0% in the third quarter. Captrust Financial Advisors now owns 146,908 shares of the company’s stock valued at $2,690,000 after purchasing an additional 6,972 shares during the last quarter. 83.75% of the stock is owned by hedge funds and other institutional investors.

About Conagra Brands

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.