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

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

Conagra Brands Stock Down 0.8%

Shares of Conagra Brands stock opened at $19.78 on Tuesday. The business has a fifty day simple moving average of $17.80 and a 200 day simple moving average of $18.17. The stock has a market cap of $9.46 billion, a PE ratio of -89.89 and a beta of -0.01. The company has a quick ratio of 0.28, a current ratio of 0.89 and a debt-to-equity ratio of 0.80. Conagra Brands has a 12 month low of $15.96 and a 12 month high of $28.51.

Conagra Brands (NYSE:CAG) last issued its earnings results on Friday, December 19th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The firm had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $3 billion. Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The company’s revenue was down 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.70 earnings per share. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. Research analysts predict that Conagra Brands will post 2.35 EPS for the current year.

Conagra Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Tuesday, January 27th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, January 27th. Conagra Brands’s dividend payout ratio is presently -636.36%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CAG. Wells Fargo & Company reduced their price target on shares of Conagra Brands from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Monday, January 5th. JPMorgan Chase & Co. 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 Tuesday, December 16th. Royal Bank Of Canada decreased their target price on Conagra Brands from $22.00 to $20.00 and set a “sector perform” rating for the company in a research note on Monday, December 22nd. Wall Street Zen downgraded Conagra Brands from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. Finally, Zacks Research cut Conagra Brands from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. One research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $18.86.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Two Sigma Investments LP grew its position in Conagra Brands by 239.6% in the third quarter. Two Sigma Investments LP now owns 8,347,163 shares of the company’s stock valued at $152,837,000 after purchasing an additional 5,889,542 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Conagra Brands by 245.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 7,734,061 shares of the company’s stock worth $141,611,000 after buying an additional 5,495,503 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Conagra Brands by 216.2% in the 3rd quarter. AQR Capital Management LLC now owns 7,459,654 shares of the company’s stock valued at $135,318,000 after acquiring an additional 5,100,424 shares in the last quarter. Qube Research & Technologies Ltd increased its position in shares of Conagra Brands by 241.9% in the third quarter. Qube Research & Technologies Ltd now owns 5,915,490 shares of the company’s stock valued at $108,313,000 after acquiring an additional 4,185,486 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Conagra Brands by 69.5% during the second quarter. Ameriprise Financial Inc. now owns 10,145,798 shares of the company’s stock worth $207,685,000 after acquiring an additional 4,160,542 shares in the last quarter. Institutional investors and hedge funds own 83.75% of the company’s stock.

About Conagra Brands

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.