Conagra Brands (NYSE:CAG) Updates FY 2026 Earnings Guidance

Conagra Brands (NYSE:CAG) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.700-1.850 for the period, compared to the consensus earnings per share estimate of 1.720. The company issued revenue guidance of -.

Conagra Brands Trading Down 4.4%

NYSE:CAG opened at $18.89 on Wednesday. Conagra Brands has a 1 year low of $15.96 and a 1 year high of $28.51. The business has a fifty day moving average of $17.83 and a 200-day moving average of $18.17. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.28 and a current ratio of 0.89. The stock has a market cap of $9.04 billion, a price-to-earnings ratio of -85.86 and a beta of -0.01.

Conagra Brands (NYSE:CAG) last announced its earnings results on Friday, December 19th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. Conagra Brands had a negative net margin of 0.87% and a positive return on equity of 10.59%. The firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3 billion. During the same quarter in the prior year, the firm posted $0.70 EPS. Conagra Brands’s revenue was down 6.8% compared to the same quarter last year. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. Equities analysts predict that Conagra Brands will post 2.35 earnings per share for the current year.

Conagra Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Tuesday, January 27th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Tuesday, January 27th. Conagra Brands’s dividend payout ratio is presently -636.36%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. UBS Group reaffirmed a “neutral” rating and issued a $20.00 price target on shares of Conagra Brands in a research report on Friday. Deutsche Bank Aktiengesellschaft lowered their price objective on Conagra Brands from $19.00 to $18.00 and set a “hold” rating on the stock in a research note on Monday, December 22nd. JPMorgan Chase & Co. dropped their price target on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Tuesday, December 16th. Zacks Research cut shares of Conagra Brands from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Finally, Stifel Nicolaus cut their target price on shares of Conagra Brands from $21.00 to $19.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $19.00.

Conagra Brands News Summary

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

• Positive Sentiment: Management reaffirmed fiscal 2026 EPS guidance (FY26: $1.70–$1.85) and emphasized strong cash generation, which supports dividend and deleveraging plans. Conagra Reaffirms 2026 Outlook
• Positive Sentiment: An analyst at Wells Fargo raised the price target to $20 and kept an equal-weight rating, indicating modest upside from current levels and signaling some confidence in near-term valuation support. Wells Fargo Adjusts Price Target
• Neutral Sentiment: Conagra presented prepared remarks at the CAGNY conference outlining strategy and upcoming product innovations for 2026; the content helps visibility but contained no new financial surprises. CAGNY Prepared Remarks Transcript
• Neutral Sentiment: Corporate release ahead of the CAGNY presentation reiterated the guidance and previewed new product launches for calendar 2026 — helpful for pipeline visibility but not an immediate earnings driver. PR Newswire: Reaffirms Fiscal 2026 Guidance
• Negative Sentiment: Market reaction was negative: investors cited sector-wide headwinds and said the business update didn’t change concerns about soft demand and margin pressure, prompting sellers despite the guidance reaffirmation. Conagra Falls Despite Reaffirming Guidance
• Negative Sentiment: Commentary and coverage noted the company’s recent revenue weakness and slim margin profile (recent quarter: revenue miss and year-over-year decline), which reduces confidence that near-term sales momentum will accelerate. Why Conagra Brands Stock Sank Today

Institutional Trading of Conagra Brands

Institutional investors and hedge funds have recently bought and sold shares of the stock. EP Wealth Advisors LLC grew its position in shares of Conagra Brands by 3.3% in the second quarter. EP Wealth Advisors LLC now owns 23,984 shares of the company’s stock valued at $491,000 after purchasing an additional 772 shares in the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of Conagra Brands by 3.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 25,135 shares of the company’s stock valued at $435,000 after acquiring an additional 788 shares during the period. Public Employees Retirement System of Ohio lifted its stake in Conagra Brands by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 148,681 shares of the company’s stock worth $2,722,000 after acquiring an additional 922 shares during the period. NewEdge Advisors LLC boosted its position in Conagra Brands by 4.2% during the 1st quarter. NewEdge Advisors LLC now owns 23,541 shares of the company’s stock valued at $628,000 after acquiring an additional 954 shares in the last quarter. Finally, Scotia Capital Inc. increased its stake in shares of Conagra Brands by 1.3% in the 3rd quarter. Scotia Capital Inc. now owns 74,317 shares of the company’s stock worth $1,361,000 after acquiring an additional 970 shares in the last quarter. 83.75% of the stock is currently owned by institutional investors and hedge funds.

Conagra Brands Company Profile

Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.

Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.