Conagra Brands (CAG) Stock Overview
Operates as a branded consumer packaged goods food company primarily in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
CAG Community Fair Values
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Analyst Price Targets
Conagra Brands, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.28 |
| 52 Week High | US$20.32 |
| 52 Week Low | US$12.53 |
| Beta | -0.047 |
| 1 Month Change | 8.51% |
| 3 Month Change | -3.90% |
| 1 Year Change | -25.12% |
| 3 Year Change | -57.10% |
| 5 Year Change | -58.31% |
| Change since IPO | 4,682.16% |
Recent News & Updates
Seeking Alpha • 11h
Conagra Brands: Cutting The Dividend Was The Right Thing To Do
Summary Conagra Brands, Inc. reported Q4 '26 earnings earlier today. Net organic sales were flat following a 1.6% decline in volume entirely offset by a 1.6% increase in price/mix. Based on the newly released guidance for fiscal 2027, net organic sales are expected to decline between 1% and 3%, and adjusted operating margins are expected to contract further to around 10%. This would mark the fourth consecutive year of organic net sales declines and margin compression. To provide some context, the company's operating margins were in excess of 15% in 2023. Conagra currently trades at ~8.4x the forward earnings expected in fiscal 2028. With this kind of valuation multiple, a significant amount of bad news is already incorporated in the price. With the 50% dividend cut announced today, CAG will now be focused on strengthening its balance sheet by bringing its net leverage ratio closer to the target of 3.0x adjusted EBITDA. This is compared to the 3.8x EBITDA reported at the end of Q4-26. Read the full article on Seeking Alpha
Narrative Update • Jul 15
CAG: Dividend Reset Risk Will Define Cautious Outlook Under New Leadership
Conagra Brands' fair value estimate has been reduced from $14.00 to $12.00 as analysts trim price targets across the sector, citing higher cost inflation, softer consumption trends, limited pricing power, dividend reset risk, and a wide range of potential outcomes under incoming leadership. Analyst Commentary Street research on Conagra Brands has turned more cautious, with a series of price target cuts and at least one downgrade pointing to concerns around earnings resilience, dividend sustainability, and the execution risk tied to an incoming CEO.Recent updates
Seeking Alpha • 11h
Conagra Brands: Cutting The Dividend Was The Right Thing To Do
Summary Conagra Brands, Inc. reported Q4 '26 earnings earlier today. Net organic sales were flat following a 1.6% decline in volume entirely offset by a 1.6% increase in price/mix. Based on the newly released guidance for fiscal 2027, net organic sales are expected to decline between 1% and 3%, and adjusted operating margins are expected to contract further to around 10%. This would mark the fourth consecutive year of organic net sales declines and margin compression. To provide some context, the company's operating margins were in excess of 15% in 2023. Conagra currently trades at ~8.4x the forward earnings expected in fiscal 2028. With this kind of valuation multiple, a significant amount of bad news is already incorporated in the price. With the 50% dividend cut announced today, CAG will now be focused on strengthening its balance sheet by bringing its net leverage ratio closer to the target of 3.0x adjusted EBITDA. This is compared to the 3.8x EBITDA reported at the end of Q4-26. Read the full article on Seeking AlphaNarrative Update • Jul 15
CAG: Dividend Reset Risk Will Define Cautious Outlook Under New Leadership
Conagra Brands' fair value estimate has been reduced from $14.00 to $12.00 as analysts trim price targets across the sector, citing higher cost inflation, softer consumption trends, limited pricing power, dividend reset risk, and a wide range of potential outcomes under incoming leadership. Analyst Commentary Street research on Conagra Brands has turned more cautious, with a series of price target cuts and at least one downgrade pointing to concerns around earnings resilience, dividend sustainability, and the execution risk tied to an incoming CEO.
Narrative Update • Jul 01
CAG: CEO Earnings Rebase And Dividend Reset Will Support Future Re Rating
Conagra Brands’ analyst price target has been revised lower, with the fair value estimate moving from about $20.52 to $19.60 as analysts factor in weaker profit margins, ongoing cost inflation, limited pricing power, dividend reset risk, and uncertainty around the new CEO’s earnings rebase and FY27 outlook. Analyst Commentary Across recent research, coverage of Conagra Brands has leaned cautious, but there are still a few constructive signals that matter if you are weighing the stock’s risk and reward.
Narrative Update • Jun 17
CAG: Inflation Pressures And Dividend Risk Will Test Future Margin Discipline
Conagra Brands' analyst price target has been reduced by about $0.82 to roughly $14.59, as analysts factor in higher cost inflation, pressure on FY27 outlooks, and concerns around the dividend and broader packaged food headwinds. Analyst Commentary Recent research on Conagra Brands points to a mixed setup, with most analysts trimming price targets and reassessing expectations for profitability, dividend sustainability, and long term growth as cost pressures and changing consumer trends weigh on packaged foods.Narrative Update • Jun 03
CAG: Future Margin Discipline And Cash Flow Conversion Will Support Re Rating
Analysts have reduced the Conagra Brands fair value estimate by about $0.59 to $15.42. This reflects lower Street price targets in the $13 range as expectations are reset around softer demand, inflation pressures, and modestly adjusted growth and margin assumptions.Narrative Update • May 16
CAG: Future Cash Flow Conversion And Margin Discipline Will Support Upside Potential
Conagra Brands' analyst price target has been revised down by $2.75 to $16.01 as analysts factor in a lower fair value estimate, a slightly higher discount rate, modestly softer profit margin and P/E assumptions, and recent waves of target cuts and rating changes across the Street. Analyst Commentary Recent research on Conagra Brands clusters around two clear themes.Narrative Update • May 02
CAG: Cash Generation And Guidance Reaffirmation Will Support Future Re Rating
Analysts have reduced the implied fair value for Conagra Brands to about $20.52 from $22.48, reflecting a series of lower Street price targets alongside updated assumptions for revenue growth, profit margins, P/E multiples, and a slightly higher discount rate. Analyst Commentary Recent Street research on Conagra Brands shows a cluster of reduced price targets, offset by a smaller group of more constructive calls.Narrative Update • Apr 17
CAG: Higher Leverage And Tight Dividends Will Shape Cautious Future Returns
Analysts have trimmed their average price target on Conagra Brands, with reductions from multiple firms resulting in a lower consolidated target in the low to mid $10s. They cite valuation concerns, slightly softer revenue growth assumptions, and sector wide caution on earnings and leverage, even as profit margin expectations edge higher and the assumed future P/E multiple shifts modestly.Narrative Update • Apr 03
CAG: Higher Leverage And Tight Dividends Will Pressure Future Share Returns
Analysts have trimmed the Conagra Brands fair value estimate to $14.00 from $17.00, reflecting a series of reduced Street price targets as they factor in updated assumptions for growth, profitability, and a lower future P/E multiple. Analyst Commentary Street research around Conagra Brands has turned more cautious, with a series of price target cuts pointing to increased scrutiny on valuation, execution, and growth assumptions.Narrative Update • Mar 19
CAG: Future Cash Flow And Margin Discipline Will Drive Upside Potential
The updated analyst price target for Conagra Brands reflects a modest trim in fair value to about $18.75 from roughly $19.05, as analysts factor in slightly higher discount rates, a small pullback in profit margin assumptions, and a marginally lower future P/E multiple, even as some recent research has modestly adjusted estimates and price targets across the packaged food peer group. Analyst Commentary Recent research on Conagra Brands reflects a split view, with some firms trimming ratings and targets while others highlight reaffirmed guidance and modest estimate boosts relative to packaged food peers.Narrative Update • Mar 05
CAG: Impairment Resets And Stronger Cash Conversion Will Support Future Re Rating
The updated analyst price target for Conagra Brands reflects a modestly higher fair value estimate of about $22.48. This figure is supported by analysts' refreshed views on revenue growth, profit margins, and modest estimate increases following recent sector conferences and research updates.Narrative Update • Feb 18
CAG: Fair Value View Will Hinge On Cash Flow And Margin Execution
Analysts have nudged their price targets on Conagra Brands higher, with moves such as Morgan Stanley's shift from $18 to $19 and Wells Fargo's move from $18 to $20. They cited modest estimate revisions after recent CAGNY conference updates and Conagra's reaffirmed guidance with stronger free cash flow conversion expectations.Narrative Update • Feb 04
CAG: Fair Value View Will Rely On Margin Execution And Cash Returns
Analysts have reduced their price target on Conagra Brands by roughly US$1. This reflects updated views on fair value, discount rates, revenue growth, profit margins, and future P/E assumptions cited in recent research.Narrative Update • Jan 21
CAG: Impairment Resets Will Support Future Margin And Earnings Multiple Recovery
Analysts have slightly lowered their price target for Conagra Brands, trimming it by about US$0.50 as they factor in updated fair value estimates, a modestly higher discount rate, and revised assumptions around revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research on Conagra Brands points to a more nuanced stance, with some analysts trimming targets but still highlighting reasons to stay constructive on the story.Narrative Update • Jan 07
CAG: Impairment Charges Will Set Stage For Stronger Profitability Ahead
Analysts have trimmed their price target on Conagra Brands to about US$22.72 from roughly US$25.53, reflecting updated assumptions around revenue growth, profit margins, discount rates, and future P/E expectations. What's in the News Conagra Brands reported US$968 million in non cash goodwill and brand impairment charges for the second quarter ended November 23, 2025, tied to a sustained decline in the company’s share price and market capitalization (Key Developments).Narrative Update • Dec 23
CAG: Future Returns Will Balance Margin Improvements With Modest Revenue Headwinds
Analysts have trimmed their price target on Conagra Brands by approximately $1 per share. They cited a slightly higher discount rate and lower expected revenue contraction, partially offset by improved profit margin forecasts and a lower anticipated future P/E multiple.Narrative Update • Dec 09
CAG: Share Repurchases Will Support Future Upside Despite Modest Revenue Outlook
Analysts have slightly adjusted their price target on Conagra Brands upward to approximately $20.22 per share. This change reflects modest tweaks to their discount rate, long term revenue expectations, and projected profitability and valuation multiples.Narrative Update • Nov 25
CAG: Share Repurchases And Guidance Reaffirmation Will Drive Future Upside Potential
Analysts have slightly lowered their price target for Conagra Brands from $20.58 to $20.22, citing adjustments in projected revenue growth and profit margins. What's in the News Conagra Brands completed the repurchase of 783,450 shares for $15 million, bringing total buybacks to over 137 million shares since 2010 (Key Developments).Analysis Article • Oct 28
Conagra Brands (NYSE:CAG) Has Announced A Dividend Of $0.35
Conagra Brands, Inc.'s ( NYSE:CAG ) investors are due to receive a payment of $0.35 per share on 26th of November. This...Analysis Article • Oct 03
Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35
The board of Conagra Brands, Inc. ( NYSE:CAG ) has announced that it will pay a dividend of $0.35 per share on the 26th...Narrative Update • Sep 25
Stable Supply Chains And Productivity Will Deliver Future Success
Conagra Brands’ price target was revised slightly lower to $20.58 as analysts responded to weak Q4 results, underwhelming FY26 guidance, and persistent category headwinds, while maintaining a cautious outlook pending evidence of improved execution. Analyst Commentary Company reported weak Q4 results and issued FY26 guidance that was well below consensus, with performance impacted by inflationary pressures and tariffs.Narrative Update • Aug 27
Stable Supply Chains And Productivity Will Deliver Future Success
Analysts have lowered Conagra Brands’ price target to $20.93, citing weak Q4 results, a disappointing FY26 outlook, and persistent inflationary and demand headwinds that outweigh positive brand investments. Analyst Commentary Bearish analysts cite Conagra’s weak Q4 performance and an FY26 outlook that misses Street estimates, prompting widespread price target reductions.Seeking Alpha • Apr 27
Conagra Brands: Changing Markets And Stagnated Growth Ask For A Sell
Summary Conagra Brands has seen a significant decline, with a 25.78% drop since 2020, and is rated as a SELL due to stagnated financial growth. The company's recent Q3 earnings were disappointing, with revenue down 6.30% YOY and all major segments showing declines. Despite a high dividend yield of 5.55%, the dividend growth is unsustainable given the low FCF CAGR and above 50.00% payout ratio. Conagra is overvalued with an intrinsic value of $19.45, 22.14% lower than its current price, indicating low future potential. Read the full article on Seeking AlphaSeeking Alpha • Apr 11
Conagra Brands: Likely To Miss FY26 EPS Estimates
Summary I give a 'Sell' rating for Conagra Brands due to expected margin pressures from tariffs and input cost inflation, risking earnings growth. CAG's 3Q25 earnings were weak, with organic sales declining 5.2% y/y and gross margin contracting by 390 bps y/y to 24.8%. Tariffs on key inputs like tinplate steel and palm oil pose significant risks, with limited time for the Company to mitigate these impacts. Despite trading at a low 10x forward P/E, I believe the market underestimates the tariff impact, posing downside risks to earnings and valuation. Read the full article on Seeking AlphaSeeking Alpha • Mar 23
Conagra: Continued Headwinds But With An Attractive Valuation And Solid Dividend Yield
Summary Conagra Brands has continued to face increasing pressures, including inflation, weight loss trends, and regulatory pressures. The company has cut its earnings outlook for FY 2025 on the back of these headwinds. Despite challenges, Conagra's valuation is attractive, with a dividend yield of around 5.5%. Read the full article on Seeking AlphaSeeking Alpha • Jan 31
Conagra: High-Yield Turnaround Trading At A Deep Discount
Summary Conagra Brands offers a high 5.4% dividend yield, well-covered by a 55% payout ratio, presenting an attractive entry point for value and income investors. Despite recent challenges, CAG shows signs of a turnaround with improving shipment volumes, organic sales growth, and a rising market share in its portfolio. CAG's focus on innovation, such as the GLP-1-friendly Healthy Choice line, positions it well to capitalize on emerging consumer trends and drive future growth. Trading at a discounted forward PE of 10.6 compared to its historical average of 15.8, CAG presents a promising candidate for potential market-beating total returns. Read the full article on Seeking AlphaSeeking Alpha • Dec 20
Conagra Brands: Still A Buy For Income
Summary Conagra Brands remains a strong dividend-paying stock, yielding 5.3%, despite recent stagnation and inflationary pressures affecting the food industry. Recent earnings beat estimates with $3.2 billion in revenue, showing stabilizing volumes and a slight increase in organic net sales. Segment performance varied, with gains in Grocery & Snacks but declines in Refrigerated & Frozen, International, and Foodservice segments. Guidance updated with organic net sales expected to be flat to down 1.5% and adjusted EPS at $2.47. Read the full article on Seeking AlphaSeeking Alpha • Dec 11
Conagra Brands: 11% FCF Yield, Attractive At A 10-11x P/E Heading Into Earnings
Summary Consumer Staples stocks, including Conagra Brands, have underperformed relative to the S&P 500, with depressed P/E multiples among many blue-chip names. I rate Conagra Brands as a buy, seeing it undervalued despite technical chart issues and recent disappointing quarterly earnings. Key risks include rising interest rates, food commodity inflation, and a weaker global macroeconomic environment, but CAG's high free cash flow yield is a positive. Technically, CAG holds long-term support at $25 with potential for a rally to $33, contingent on improved RSI momentum and easing inflation pressures. Read the full article on Seeking AlphaShareholder Returns
| CAG | US Food | US Market | |
|---|---|---|---|
| 7D | 3.3% | 4.0% | -0.9% |
| 1Y | -25.1% | -4.8% | 19.1% |
Return vs Industry: CAG underperformed the US Food industry which returned -4.8% over the past year.
Return vs Market: CAG underperformed the US Market which returned 19.1% over the past year.
Price Volatility
| CAG volatility | |
|---|---|
| CAG Average Weekly Movement | 4.6% |
| Food Industry Average Movement | 5.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CAG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CAG's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1919 | 17,400 | John Brase | www.conagrabrands.com |
Conagra Brands, Inc., together with its subsidiaries, operates as a branded consumer packaged goods food company primarily in the United States. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.
Conagra Brands, Inc. Fundamentals Summary
| CAG fundamental statistics | |
|---|---|
| Market cap | US$6.92b |
| Earnings (TTM) | -US$1.92b |
| Revenue (TTM) | US$11.28b |
0.6x
P/S Ratio-3.6x
P/E RatioIs CAG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CAG income statement (TTM) | |
|---|---|
| Revenue | US$11.28b |
| Cost of Revenue | US$8.58b |
| Gross Profit | US$2.70b |
| Other Expenses | US$4.62b |
| Earnings | -US$1.92b |
Last Reported Earnings
May 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -4.00 |
| Gross Margin | 23.95% |
| Net Profit Margin | -16.99% |
| Debt/Equity Ratio | 110.5% |
How did CAG perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield-35%
Payout RatioDoes CAG pay a reliable dividends?
See CAG dividend history and benchmarks| Conagra Brands dividend dates | |
|---|---|
| Ex Dividend Date | Jul 30 2026 |
| Dividend Pay Date | Sep 02 2026 |
| Days until Ex dividend | 12 days |
| Days until Dividend pay date | 46 days |
Does CAG pay a reliable dividends?
See CAG dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/17 21:25 |
| End of Day Share Price | 2026/07/17 00:00 |
| Earnings | 2026/05/31 |
| Annual Earnings | 2026/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Conagra Brands, Inc. is covered by 31 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Lazar | Barclays |
| Donald McLee | Berenberg |
| Alexia Howard | Bernstein |