Conagra Brands (NYSE:CAG) Releases Earnings Results, Misses Expectations By $1.83 EPS

Conagra Brands (NYSE:CAG) announced its quarterly earnings results on Friday. The company reported ($1.39) EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($1.83), FiscalAI reports. 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 during the quarter, compared to the consensus estimate of $3 billion. Conagra Brands updated its FY 2026 guidance to 1.700-1.85 EPS.

Conagra Brands Price Performance

CAG stock opened at $17.80 on Friday. The stock has a 50-day moving average price of $17.68 and a two-hundred day moving average price of $19.02. Conagra Brands has a 1 year low of $16.60 and a 1 year high of $28.51. The stock has a market cap of $8.51 billion, a PE ratio of 10.11 and a beta of -0.01. The company has a current ratio of 1.06, a quick ratio of 0.44 and a debt-to-equity ratio of 0.81.

Conagra Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Tuesday, January 27th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, January 27th. This represents a $1.40 dividend on an annualized basis and a yield of 7.9%. Conagra Brands’s dividend payout ratio is presently 79.55%.

Insider Buying and Selling at Conagra Brands

In other news, SVP Melissa C. Napier sold 13,011 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was 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 available through this link. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Conagra Brands

Institutional investors have recently bought and sold shares of the company. CYBER HORNET ETFs LLC acquired a new position in Conagra Brands during the 2nd quarter worth approximately $26,000. MUFG Securities EMEA plc bought a new stake in shares of Conagra Brands in the second quarter worth $29,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Conagra Brands in the third quarter worth $33,000. Brown Brothers Harriman & Co. boosted its holdings in Conagra Brands by 334.1% during the third quarter. Brown Brothers Harriman & Co. now owns 2,722 shares of the company’s stock worth $50,000 after purchasing an additional 2,095 shares during the last quarter. Finally, Employees Retirement System of Texas bought a new position in Conagra Brands in the third quarter valued at $69,000. Institutional investors own 83.75% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on CAG. Zacks Research raised shares of Conagra Brands from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 2nd. JPMorgan Chase & Co. decreased their price target on shares of Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Tuesday. Wells Fargo & Company lowered their price objective on shares of Conagra Brands from $20.00 to $19.00 and set an “equal weight” rating for the company in a research report on Friday, December 12th. UBS Group dropped their price objective on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Finally, Morgan Stanley boosted their target price on Conagra Brands from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Conagra Brands presently has a consensus rating of “Reduce” and a consensus price target of $20.25.

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.