Zacks Research Lifts Earnings Estimates for Conagra Brands

Conagra Brands, Inc. (NYSE:CAG) – Stock analysts at Zacks Research upped their Q4 2025 earnings per share (EPS) estimates for shares of Conagra Brands in a research report issued to clients and investors on Wednesday, October 16th. Zacks Research analyst V. Bagree now forecasts that the company will post earnings per share of $0.65 for the quarter, up from their prior estimate of $0.62. The consensus estimate for Conagra Brands’ current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Conagra Brands’ FY2027 earnings at $2.72 EPS.

CAG has been the subject of a number of other reports. Bank of America cut their price target on Conagra Brands from $34.00 to $33.00 and set a “neutral” rating for the company in a research note on Thursday, October 3rd. Citigroup reduced their target price on shares of Conagra Brands from $32.00 to $30.00 and set a “neutral” rating for the company in a research note on Friday, June 28th. Wells Fargo & Company increased their price target on shares of Conagra Brands from $30.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Thursday. Barclays reduced their price objective on shares of Conagra Brands from $34.00 to $33.00 and set an “overweight” rating for the company in a research note on Friday, July 12th. Finally, The Goldman Sachs Group started coverage on shares of Conagra Brands in a research report on Monday, August 12th. They set a “buy” rating and a $36.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $31.63.

Conagra Brands Price Performance

Shares of NYSE:CAG opened at $30.31 on Friday. The firm has a market cap of $14.49 billion, a price-to-earnings ratio of 41.52, a P/E/G ratio of 3.01 and a beta of 0.32. Conagra Brands has a 1 year low of $26.62 and a 1 year high of $33.24. The company has a current ratio of 0.94, a quick ratio of 0.33 and a debt-to-equity ratio of 0.86. The business has a fifty day simple moving average of $31.15 and a 200 day simple moving average of $30.29.

Conagra Brands (NYSE:CAG) last posted its quarterly earnings results on Wednesday, October 2nd. The company reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.07). Conagra Brands had a return on equity of 13.71% and a net margin of 4.14%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.84 billion. Conagra Brands’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period last year, the company earned $0.66 earnings per share.

Conagra Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Thursday, October 31st will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.62%. The ex-dividend date is Thursday, October 31st. Conagra Brands’s dividend payout ratio is currently 191.78%.

Insider Transactions at Conagra Brands

In other Conagra Brands news, COO Thomas M. Mcgough sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $30.29, for a total value of $1,211,600.00. Following the sale, the chief operating officer now owns 161,443 shares of the company’s stock, valued at $4,890,108.47. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.88% of the stock is currently owned by corporate insiders.

Institutional Trading of Conagra Brands

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Advisors Network LLC acquired a new stake in Conagra Brands during the fourth quarter worth about $266,000. HighPoint Advisor Group LLC acquired a new stake in shares of Conagra Brands during the 4th quarter worth approximately $259,000. Nomura Holdings Inc. bought a new stake in shares of Conagra Brands during the fourth quarter valued at approximately $277,000. Mather Group LLC. acquired a new position in shares of Conagra Brands in the first quarter valued at $65,000. Finally, Massmutual Trust Co. FSB ADV lifted its position in Conagra Brands by 31.3% in the first quarter. Massmutual Trust Co. FSB ADV now owns 2,502 shares of the company’s stock worth $74,000 after purchasing an additional 596 shares during the period. 83.75% of the stock is currently owned by institutional investors and hedge funds.

Conagra Brands Company Profile

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.