Conagra Brands (NYSE:CAG) Stock Has Consensus Target Price of $14.10 According to Analysts

Conagra Brands (NYSE:CAG) has received an average rating of “Reduce” from the eighteen analysts that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $14.10.

A number of research firms recently weighed in on CAG. Royal Bank Of Canada lowered their price target on shares of Conagra Brands from $16.00 to $14.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 16th. Morgan Stanley decreased their target price on shares of Conagra Brands from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. Barclays lifted their price objective on Conagra Brands from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft boosted their price objective on Conagra Brands from $12.00 to $13.00 and gave the stock a “hold” rating in a research note on Friday, September 18th. Finally, Sanford C. Bernstein reiterated an “underperform” rating and set a $12.00 price target (down from $16.00) on shares of Conagra Brands in a report on Wednesday, June 3rd.

Key Conagra Brands News

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

• Positive Sentiment: Conagra declared a quarterly dividend of $0.175 per share, payable December 3 to shareholders of record November 5. The $0.70 annualized payout represents an approximately 4.8% yield based on the referenced share price and supports the stock’s income appeal. Conagra Brands Announces Quarterly Dividend Payment
• Positive Sentiment: Management says artificial intelligence and health-focused consumer trends are influencing snack choices, which could create opportunities for Conagra to refine products and marketing around evolving demand. Conagra says AI and health trends are influencing US snack choices
• Neutral Sentiment: RBC and UBS both expect fiscal Q1 results to be roughly in line with consensus. That reduces the likelihood of a near-term earnings surprise, while investors will look for details on sales trends, profitability and forward guidance. Conagra Brands Likely to Post In-Line Fiscal Q1 Results, RBC Says Conagra Brands Q1 Likely to be In-Line, UBS Says
• Neutral Sentiment: Analysts and previews are emphasizing the upcoming earnings report as a potential turning point for Conagra’s turnaround, particularly whether cost controls and operational initiatives can lift margins. Conagra Brands Q1 FY27 Preview Conagra Brands: The Next Earnings Report Could Change Everything
• Negative Sentiment: The largely cautious, in-line earnings outlook provides limited evidence of an immediate recovery. Investors remain concerned that weak operating performance could persist unless the company delivers stronger margins or guidance in the report. Insights Into Conagra Brands Q1 Wall Street Projections

Conagra Brands Trading Down 2.4%

Shares of CAG stock opened at $14.32 on Tuesday. The stock’s fifty day moving average is $15.29 and its two-hundred day moving average is $14.69. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.31 and a current ratio of 0.90. The firm has a market capitalization of $6.85 billion, a P/E ratio of -3.58 and a beta of -0.01. Conagra Brands has a fifty-two week low of $12.53 and a fifty-two week high of $20.32.

Conagra Brands (NYSE:CAG) last announced its earnings results on Wednesday, July 15th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.01. The company had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Conagra Brands had a negative net margin of 16.99% and a positive return on equity of 10.44%. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.56 EPS. Conagra Brands has set its FY 2027 guidance at 1.400-1.500 EPS. Research analysts expect that Conagra Brands will post 1.45 earnings per share for the current fiscal year.

Conagra Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 5th will be paid a dividend of $0.1750 per share. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $0.70 annualized dividend and a yield of 4.9%. Conagra Brands’s dividend payout ratio (DPR) is -17.50%.

Institutional Investors Weigh In On Conagra Brands

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bell Investment Advisors Inc increased its position in shares of Conagra Brands by 156.9% during the first quarter. Bell Investment Advisors Inc now owns 1,685 shares of the company’s stock valued at $26,000 after acquiring an additional 1,029 shares during the last quarter. Harbour Investments Inc. lifted its stake in Conagra Brands by 80.4% during the fourth quarter. Harbour Investments Inc. now owns 1,573 shares of the company’s stock worth $27,000 after purchasing an additional 701 shares in the last quarter. Rakuten Securities Inc. boosted its position in shares of Conagra Brands by 339.7% during the second quarter. Rakuten Securities Inc. now owns 2,273 shares of the company’s stock worth $31,000 after buying an additional 1,756 shares during the period. Ascentis Independent Advisors purchased a new position in shares of Conagra Brands during the first quarter worth $38,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Conagra Brands during the second quarter worth $41,000. Hedge funds and other institutional investors own 83.75% of the company’s stock.

About Conagra Brands

Conagra Brands, Inc is a packaged food company that develops, manufactures and markets branded and private-label food products primarily in North America. Its portfolio spans frozen meals and sides, snacks, shelf-stable foods, condiments, refrigerated foods and cooking products, serving retail grocery, foodservice and other distribution channels.

Its well-known brands include Birds Eye, Healthy Choice, Banquet, Marie Callender’s, Duncan Hines, Reddi-wip, Slim Jim, Vlasic, Hunt’s and PAM.