B&G Foods (NYSE:BGS) Releases FY 2026 Earnings Guidance

B&G Foods (NYSE:BGS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.575-0.675 for the period, compared to the consensus estimate of 0.570. The company issued revenue guidance of $1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

B&G Foods Stock Down 9.1%

BGS opened at $3.33 on Friday. B&G Foods has a fifty-two week low of $1.99 and a fifty-two week high of $6.38. The business has a 50-day moving average of $2.71 and a 200-day moving average of $4.02. The company has a debt-to-equity ratio of 5.74, a current ratio of 2.84 and a quick ratio of 1.09. The company has a market capitalization of $270.60 million, a PE ratio of 5.83 and a beta of 0.56.

B&G Foods (NYSE:BGS) last announced its quarterly earnings results on Tuesday, November 10th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.15 by $0.06. B&G Foods had a positive return on equity of 13.02% and a negative net margin of 4.70%. The business had revenue of $459.78 million during the quarter, compared to analysts’ expectations of $435.00 million. During the same quarter in the previous year, the business posted $0.15 EPS. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities research analysts forecast that B&G Foods will post 0.63 EPS for the current fiscal year.

B&G Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 26th. Shareholders of record on Thursday, December 31st will be paid a $0.0950 dividend. The ex-dividend date is Thursday, December 31st. This represents a $0.38 dividend on an annualized basis and a yield of 11.4%. B&G Foods’s payout ratio is -36.19%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BGS. Evercore set a $4.50 price target on shares of B&G Foods in a report on Wednesday, August 12th. Jefferies Financial Group set a $4.00 price objective on shares of B&G Foods in a report on Wednesday, July 22nd. Weiss Ratings raised shares of B&G Foods from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday. Barclays cut their target price on B&G Foods from $4.50 to $3.00 and set an “equal weight” rating on the stock in a report on Friday, October 16th. Finally, TD Cowen reduced their price target on B&G Foods from $4.00 to $3.00 and set a “sell” rating for the company in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Sell” and an average target price of $3.62.

Top B&G Foods Stories

Investors following BGS have been watching these stories:

• Positive Sentiment: Volume and margins supported growth: Higher sales volumes, portfolio changes and improved margins helped results. Coverage also pointed to acquisitions and asset sales as contributors to margins, with management emphasizing cash generation and debt reduction. The Motley Fool: Why B&G Foods Stock Soared Today
• Positive Sentiment: Deleveraging target: The company aims to reduce leverage to below 6x by mid-2027, a potential positive if stronger cash flow helps it meet that goal. B&G Foods targets leverage below 6x by mid-2027
• Negative Sentiment: Debt remains a key risk: The leverage-reduction goal underscores the importance of execution; B&G Foods still needs to generate cash and reduce debt while delivering on its raised forecast.

About B&G Foods

B&G Foods, Inc. is a packaged-foods company that manufactures, markets and distributes branded shelf-stable and frozen foods. Its products include vegetables, Mexican foods, hot cereals, spices, seasonings, sauces, baking ingredients and other grocery staples. The company’s brands include Green Giant shelf-stable vegetables, Ortega, Cream of Wheat, Maple Grove Farms and Mrs. Dash. B&G Foods sells its products primarily in the United States, Canada and Puerto Rico through grocery retailers and other channels.