Conagra Brands (NYSE:CAG) Issues FY 2027 Earnings Guidance

Posted by Francis Steltz on Oct 1st, 2026

Conagra Brands (NYSE:CAG – Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.400-1.500 for the period, compared to the consensus EPS estimate of 1.440. The company issued revenue guidance of -.

Conagra Brands Stock Down 5.5%

Shares of NYSE CAG opened at $13.35 on Thursday. The stock has a market capitalization of $6.39 billion, a P/E ratio of -3.34 and a beta of -0.01. Conagra Brands has a one year low of $12.53 and a one year high of $20.32. The firm’s 50 day simple moving average is $15.23 and its two-hundred day simple moving average is $14.60. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.90 and a quick ratio of 0.31.

Conagra Brands (NYSE:CAG – Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.13. Conagra Brands had a negative net margin of 16.99% and a positive return on equity of 10.44%. The firm had revenue of $2.60 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period in the previous year, the business posted $0.39 EPS. The business’s quarterly revenue was down 1.4% on a year-over-year basis. Conagra Brands has set its FY 2027 guidance at 1.400-1.500 EPS. As a group, analysts expect that Conagra Brands will post 1.45 EPS for the current fiscal year.

Conagra Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 5th will be paid a $0.1750 dividend. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $0.70 annualized dividend and a yield of 5.2%. Conagra Brands’s payout ratio is currently -17.50%.

Analyst Ratings Changes

Several research firms have issued reports on CAG. Barclays upped their price target on shares of Conagra Brands from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Evercore set a $13.00 price objective on Conagra Brands in a report on Tuesday. JPMorgan Chase & Co. boosted their target price on Conagra Brands from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Morgan Stanley dropped their target price on Conagra Brands from $15.00 to $13.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Finally, UBS Group raised their price target on Conagra Brands from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $14.13.

View Our Latest Stock Report on Conagra Brands

Key Headlines Impacting Conagra Brands

Here are the key news stories impacting Conagra Brands this week:

Positive Sentiment: Conagra reported adjusted first-quarter earnings of $0.41 per share, ahead of analysts’ roughly $0.28–$0.31 expectations, while revenue of $2.60 billion also slightly exceeded forecasts. Lower SG&A costs, equity income and resilient demand for pantry staples such as Slim Jim helped support results. Conagra Brands beats first-quarter profit and sales estimates
Positive Sentiment: Management reaffirmed fiscal 2027 adjusted EPS guidance of $1.40 to $1.50 and expects an adjusted operating margin of 10.0% to 10.5%. Net debt also declined year over year, and recent insider purchases may provide a modest confidence signal. Conagra Brands Reports First Quarter Results
Neutral Sentiment: Reported net income rose to $174 million, or $0.36 per share, from $164.5 million, or $0.34 per share, a year earlier. However, reported operating profit fell 22.7%, gross profit declined 3.4%, and free cash flow was negative $128 million, highlighting execution and cash-generation risks. Conagra Brands First-Quarter Earnings Results
Negative Sentiment: Revenue declined 1.4% year over year, with organic sales down 1.1% and weaker volumes in the Grocery & Snacks and Refrigerated & Frozen segments. Investors appear to be treating the profit beat as cost-driven rather than evidence of a durable sales recovery. Conagra shares fall as sales decline, overshadowing first-quarter profit beat
Negative Sentiment: A recent analysis argues that Conagra’s roughly 5% dividend yield and low valuation do not offset declining sales, high leverage and uncertainty around the turnaround. This reinforces concerns that the stock may remain under pressure until organic growth and margins improve. Conagra Brands: A 5% Yield And Low Multiple Cannot Hide A Struggling Turnaround

About Conagra Brands

(Get Free Report)

Conagra Brands, Inc is a packaged food company headquartered in Chicago, Illinois. The company develops, produces and markets branded food products sold through grocery stores, mass merchandisers, club stores, convenience stores, foodservice operators and e-commerce channels.

Its portfolio includes frozen, refrigerated, grocery and snack products. Well-known brands include Birds Eye, Healthy Choice, Marie Callender’s, Banquet, Duncan Hines, Reddi-wip, Slim Jim, Hunt’s, Chef Boyardee, Orville Redenbacher’s, Vlasic, PAM and Angie’s BOOMCHICKAPOP.