Zacks Research Forecasts Lower Earnings for Conagra Brands

Conagra Brands, Inc. (NYSE:CAG) – Zacks Research lowered their Q2 2025 earnings per share estimates for shares of Conagra Brands in a research report issued on Wednesday, October 16th. Zacks Research analyst V. Bagree now forecasts that the company will post earnings per share of $0.69 for the quarter, down from their previous estimate of $0.71. The consensus estimate for Conagra Brands’ current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Conagra Brands’ Q3 2025 earnings at $0.73 EPS, FY2025 earnings at $2.60 EPS, Q1 2026 earnings at $0.58 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.72 EPS, FY2026 earnings at $2.65 EPS and Q1 2027 earnings at $0.59 EPS.

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

A number of other analysts have also commented on CAG. Citigroup decreased their target price on Conagra Brands from $32.00 to $30.00 and set a “neutral” rating for the company in a research report on Friday, June 28th. The Goldman Sachs Group began coverage on Conagra Brands in a report on Monday, August 12th. They set a “buy” rating and a $36.00 price objective for the company. BNP Paribas upgraded Conagra Brands to a “strong-buy” rating in a report on Thursday, October 3rd. Royal Bank of Canada reissued a “sector perform” rating and issued a $29.00 price target on shares of Conagra Brands in a research report on Thursday, October 3rd. Finally, Evercore ISI dropped their target price on Conagra Brands from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, July 12th. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Conagra Brands presently has a consensus rating of “Hold” and an average target price of $31.63.

Conagra Brands Trading Up 2.0 %

CAG opened at $30.31 on Thursday. The company has a fifty day moving average price of $31.15 and a two-hundred day moving average price of $30.29. Conagra Brands has a 1-year low of $26.62 and a 1-year high of $33.24. The company has a market cap of $14.49 billion, a P/E ratio of 41.52, a price-to-earnings-growth ratio of 3.01 and a beta of 0.32. The company has a current ratio of 0.94, a quick ratio of 0.33 and a debt-to-equity ratio of 0.86.

Conagra Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Thursday, October 31st will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.40 dividend on an annualized basis and a yield of 4.62%. Conagra Brands’s dividend payout ratio (DPR) is currently 191.78%.

Insiders Place Their Bets

In related news, COO Thomas M. Mcgough sold 40,000 shares of the stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $30.29, for a total transaction of $1,211,600.00. Following the completion of the transaction, the chief operating officer now owns 161,443 shares in the company, valued at approximately $4,890,108.47. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.88% of the company’s stock.

Hedge Funds Weigh In On Conagra Brands

Institutional investors and hedge funds have recently bought and sold shares of the company. Innealta Capital LLC bought a new position in shares of Conagra Brands during the 2nd quarter worth $25,000. Chilton Capital Management LLC bought a new position in Conagra Brands during the second quarter worth about $25,000. Hexagon Capital Partners LLC increased its stake in shares of Conagra Brands by 82.8% in the third quarter. Hexagon Capital Partners LLC now owns 927 shares of the company’s stock worth $30,000 after purchasing an additional 420 shares in the last quarter. Whittier Trust Co. raised its position in shares of Conagra Brands by 144.4% in the first quarter. Whittier Trust Co. now owns 1,415 shares of the company’s stock valued at $42,000 after purchasing an additional 836 shares during the period. Finally, LRI Investments LLC bought a new stake in Conagra Brands during the 1st quarter valued at $42,000. 83.75% of the stock is owned by institutional investors.

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.