B&G Foods (NYSE:BGS) Releases FY 2026 Earnings Guidance

B&G Foods (NYSE:BGS) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.575-0.675 for the period, compared to the consensus earnings per share estimate of 0.560. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

B&G Foods Price Performance

Shares of BGS stock traded up $0.04 during trading on Tuesday, hitting $3.44. The company had a trading volume of 2,733,100 shares, compared to its average volume of 2,127,945. The stock’s 50-day moving average is $3.82 and its two-hundred day moving average is $4.56. The stock has a market capitalization of $278.82 million, a price-to-earnings ratio of -3.58 and a beta of 0.50. The company has a quick ratio of 1.42, a current ratio of 2.99 and a debt-to-equity ratio of 4.96. B&G Foods has a 52 week low of $3.35 and a 52 week high of $6.38.

B&G Foods (NYSE:BGS) last announced its earnings results on Tuesday, August 11th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The business had revenue of $383.27 million during the quarter, compared to analyst estimates of $394.92 million. B&G Foods had a negative net margin of 4.23% and a positive return on equity of 9.67%. B&G Foods has set its FY 2026 guidance at 0.575-0.675 EPS. As a group, analysts predict that B&G Foods will post 0.57 EPS for the current fiscal year.

B&G Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be given a $0.095 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.38 annualized dividend and a yield of 11.1%. B&G Foods’s payout ratio is -39.58%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BGS shares. Jefferies Financial Group set a $4.00 price target on B&G Foods in a research report on Wednesday, July 22nd. Barclays decreased their price objective on B&G Foods from $6.00 to $5.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 21st. Finally, Weiss Ratings downgraded B&G Foods from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $4.38.

Institutional Investors Weigh In On B&G Foods

Several institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its stake in B&G Foods by 502.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,443 shares of the company’s stock worth $31,000 after purchasing an additional 6,207 shares during the period. Triumph Capital Management purchased a new position in shares of B&G Foods in the third quarter worth $34,000. Federated Hermes Inc. purchased a new stake in B&G Foods during the 2nd quarter valued at $35,000. Integrated Wealth Concepts LLC bought a new stake in B&G Foods in the 3rd quarter worth $45,000. Finally, NCM Capital Management LLC bought a new stake in B&G Foods in the 3rd quarter worth $46,000. 66.15% of the stock is currently owned by hedge funds and other institutional investors.

B&G Foods Company Profile

B&G Foods, Inc is a packaged foods holding company that develops, markets and distributes a diversified portfolio of branded shelf-stable and frozen food products. Headquartered in Parsippany, New Jersey, the company serves retail and foodservice customers across the United States and Canada. Through its network of manufacturing facilities, third-party co-packers and distribution partners, B&G Foods supplies grocery chains, mass merchandisers, club stores and e-commerce platforms.

The company’s product portfolio spans multiple categories, including vegetables, beans, soups, sauces and condiments, snacks, cereals and refrigerated or frozen offerings.