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

B&G Foods (NYSE:BGS) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.575-0.675 for the period, compared to the consensus estimate of 0.610. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Evercore set a $5.00 price objective on B&G Foods in a report on Wednesday, March 4th. Barclays upped their price objective on B&G Foods from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Tuesday, April 14th. Finally, TD Cowen reaffirmed a “sell” rating on shares of B&G Foods in a report on Wednesday, March 4th. Three equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $4.88.

B&G Foods Price Performance

Shares of BGS traded down $0.01 during trading hours on Tuesday, hitting $5.09. 2,218,241 shares of the company were exchanged, compared to its average volume of 2,042,034. The company has a market cap of $408.88 million, a price-to-earnings ratio of -9.42 and a beta of 0.58. B&G Foods has a fifty-two week low of $3.67 and a fifty-two week high of $6.38. The company has a quick ratio of 1.43, a current ratio of 3.32 and a debt-to-equity ratio of 4.30. The firm’s fifty day moving average is $5.25 and its 200 day moving average is $4.80.

B&G Foods (NYSE:BGS) last released its earnings results on Tuesday, May 12th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $365.13 million for the quarter, compared to analyst estimates of $398.81 million. B&G Foods had a positive return on equity of 8.43% and a negative net margin of 2.37%.B&G Foods has set its FY 2026 guidance at 0.575-0.675 EPS. On average, equities analysts anticipate that B&G Foods will post 0.54 earnings per share for the current fiscal year.

B&G Foods Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 14.9%. The ex-dividend date of this dividend was Tuesday, March 31st. B&G Foods’s dividend payout ratio is -140.74%.

Insider Buying and Selling

In related news, Director David L. Wenner sold 19,500 shares of the company’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $5.19, for a total transaction of $101,205.00. Following the completion of the sale, the director directly owned 787,566 shares in the company, valued at $4,087,467.54. This represents a 2.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Andrew D. Vogel sold 20,000 shares of the company’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $5.19, for a total value of $103,800.00. Following the sale, the executive vice president owned 50,679 shares of the company’s stock, valued at approximately $263,024.01. This represents a 28.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 50,821 shares of company stock worth $266,138 in the last ninety days. 5.30% of the stock is owned by insiders.

Institutional Investors Weigh In On B&G Foods

Large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its stake in B&G Foods by 502.2% during the second 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 acquired a new stake in B&G Foods in the third quarter valued at approximately $34,000. Federated Hermes Inc. acquired a new stake in B&G Foods in the second quarter valued at approximately $35,000. Integrated Wealth Concepts LLC acquired a new stake in B&G Foods in the third quarter valued at approximately $45,000. Finally, NCM Capital Management LLC acquired a new stake in B&G Foods in the third quarter valued at approximately $46,000. Institutional investors and hedge funds own 66.15% of the company’s stock.

About B&G Foods

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.