Conagra Brands, Inc. (CAG)
| Market Cap | 13.70B |
| Revenue (ttm) | 12.28B |
| Net Income (ttm) | 1.08B |
| Shares Out | 477.97M |
| EPS (ttm) | 2.25 |
| PE Ratio | 12.74 |
| Forward PE | 10.86 |
| Dividend | $1.40 (4.89%) |
| Ex-Dividend Date | Jan 29, 2024 |
| Volume | 3,200,990 |
| Open | 28.53 |
| Previous Close | 28.57 |
| Day's Range | 28.47 - 28.78 |
| 52-Week Range | 25.16 - 41.30 |
| Beta | 0.59 |
| Analysts | Hold |
| Price Target | 33.75 (+17.76%) |
| Earnings Date | Jan 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 $33.75, which is an increase of 17.76% from the latest price.
News
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. ...
3 undervalued food stocks to be grateful for this holiday season
With the S&P 500 index less than 300 points from setting a new all-time high, many equity valuations are as stretched as a waistband after Thanksgiving dinner. Look no further than some of the year's ...
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...
Is Conagra Brands a Savvy Buy or a Value Trap?
The classic definition of a value trap is a stock or investment that appears to be trading at a cheap price and has valuation metrics such as its price-to-earnings (P/E) ratio that signals it has been...
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.
Vlasic Pickles and Frank's RedHot® Debut New Hot and Spicy Kosher Dill Pickles
Three New Offerings Combine Vlasic Signature Crunch and Frank's RedHot Heat CHICAGO , Oct. 10, 2023 /PRNewswire/ -- Get ready for the hottest news in pickles! Vlasic®, a brand of Conagra Brands, Inc. ...
Food Stocks Are Falling. Don't Blame Ozempic.
Packaged-food stocks are in the red as of late, and it may indicate that consumers are shifting to fresh produce, meat, deli, and bakery products.
Conagra Brands reports dip in frozen food sales in earnings call
Conagra Brands (CAG) reported mixed first-quarter earnings on October 5, with adjusted earnings per share topping expectations. Conagra CEO Sean Connolly relayed falling frozen foods sales to investor...
Conagra Sees Consumers Shift Away From Ready-to-Eat Toward Cooking
Amid ongoing financial challenges, Conagra Brands is seeing consumers' desire to save on food spending finally outweigh their demand for convenience, with a shift towards cooking from scratch. The foo...
Conagra CEO Sean Connolly goes one-on-one with Jim Cramer
Sean Connolly, Conagra CEO, joins 'Mad Money' host Jim Cramer to talk Q1 earnings, shifting consumer behavior and more.
Snack-maker Conagra may tweak portions as weight-loss drugs alter appetites
Slim Jim beef jerky maker Conagra Brands said on Thursday it may consider changing portion sizes of its snacks if the rising use of weight-loss drugs results in changes to food consumption patterns.
Conagra's stock climbs after profit tops expectations but sales comes up shy
Shares of Conagra Brands Inc. rose 2.3% in premarket trading Thursday, after the food brands company reported a fiscal first-quarter adjusted profit that rose above expectations, while sales fell a bi...
CONAGRA BRANDS REPORTS FIRST QUARTER RESULTS
CHICAGO , Oct. 5, 2023 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the first quarter of fiscal year 2024, which ended on August 27, 2023. All comparisons are against th...
Conagra Brands Announces Quarterly Dividend Payment
CHICAGO , Oct. 4, 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 p...
3 Reliable Growing Dividends Near Rock-Bottom Prices
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