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

Conagra Brands (NYSE:CAG) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.700-1.850 for the period, compared to the consensus earnings per share estimate of 1.720. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Morgan Stanley restated an “overweight” rating on shares of Conagra Brands in a research report on Wednesday. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Conagra Brands from $19.00 to $18.00 and set a “hold” rating on the stock in a research note on Monday, December 22nd. Wells Fargo & Company lifted their target price on Conagra Brands from $18.00 to $20.00 and gave the company an “equal weight” rating in a research note on Tuesday. Stifel Nicolaus dropped their price target on Conagra Brands from $21.00 to $19.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. Finally, JPMorgan Chase & Co. cut their price target on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating on the stock in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $19.07.

Conagra Brands Stock Down 0.4%

Conagra Brands stock opened at $18.82 on Thursday. Conagra Brands has a 52 week low of $15.96 and a 52 week high of $28.51. The stock has a market cap of $9.00 billion, a price-to-earnings ratio of -85.52 and a beta of -0.01. The company’s 50-day moving average price is $17.86 and its two-hundred day moving average price is $18.18. The company has a current ratio of 0.89, a quick ratio of 0.28 and a debt-to-equity ratio of 0.80.

Conagra Brands (NYSE:CAG) last posted its quarterly earnings data on Friday, December 19th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.01. Conagra Brands had a negative net margin of 0.87% and a positive return on equity of 10.59%. The business had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $3 billion. During the same period last year, the firm posted $0.70 earnings per share. The business’s revenue was down 6.8% on a year-over-year basis. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. On average, analysts expect that Conagra Brands will post 2.35 EPS for the current fiscal year.

Conagra Brands Dividend Announcement

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. The ex-dividend date is Tuesday, January 27th. This represents a $1.40 annualized dividend and a dividend yield of 7.4%. Conagra Brands’s dividend payout ratio (DPR) is -636.36%.

Institutional Investors Weigh In On Conagra Brands

A number of institutional investors and hedge funds have recently bought and sold shares of CAG. Corient Private Wealth LLC boosted its position in shares of Conagra Brands by 8.1% during the 4th quarter. Corient Private Wealth LLC now owns 240,129 shares of the company’s stock valued at $4,157,000 after purchasing an additional 18,061 shares in the last quarter. Alberta Investment Management Corp acquired a new stake in Conagra Brands during the fourth quarter valued at approximately $1,343,000. EP Wealth Advisors LLC bought a new stake in Conagra Brands during the fourth quarter worth approximately $289,000. Mackenzie Financial Corp boosted its holdings in Conagra Brands by 15.6% during the fourth quarter. Mackenzie Financial Corp now owns 109,732 shares of the company’s stock worth $1,909,000 after buying an additional 14,846 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Conagra Brands by 47.5% in the fourth quarter. NewEdge Advisors LLC now owns 164,664 shares of the company’s stock worth $2,850,000 after buying an additional 53,005 shares during the last quarter. 83.75% of the stock is owned by institutional investors and hedge funds.

Conagra Brands Company Profile

Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.

Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.