Conagra Brands Future Growth

Future criteria checks 1/6

Conagra Brands is forecast to grow earnings and revenue by 8.2% and 1.5% per annum respectively. EPS is expected to grow by 8.7% per annum. Return on equity is forecast to be 13.5% in 3 years.

Key information

8.2%

Earnings growth rate

8.7%

EPS growth rate

Food earnings growth	9.4%
Revenue growth rate	1.5%
Future return on equity	13.5%
Analyst coverage	Good
Last updated	16 Apr 2024

Recent future growth updates

Recent updates

Here's Why Shareholders Should Examine Conagra Brands, Inc.'s (NYSE:CAG) CEO Compensation Package More Closely

Sep 08

We Think Conagra Brands (NYSE:CAG) Is Taking Some Risk With Its Debt

Aug 27

Conagra: Growing Dividends And Market Share

Aug 17

Conagra: Attractive Valuation For This Dividend Grower

Jul 27

Conagra Brands (NYSE:CAG) Will Pay A Larger Dividend Than Last Year At $0.35

Jul 22

Conagra: Cautiously Reconsider This Stock (Rating Upgrade)

Jul 09

Conagra: Our Investment Thesis Became Less Bullish, Rating Downgrade

Jun 23

Is There An Opportunity With Conagra Brands, Inc.'s (NYSE:CAG) 38% Undervaluation?

May 26

Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden

May 08

Conagra Brands, Inc.'s (NYSE:CAG) Intrinsic Value Is Potentially 79% Above Its Share Price

Feb 14

Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden

Jan 30

Conagra Brands Q2 2023 Earnings: Still A Tasty Play

Jan 06

Earnings week ahead: Constellation Brands, Conagra, Walgreens and more

Dec 30

Conagra: High Leverage And Rich Valuation, Hold For Now

Dec 20

Conagra Is Not A Bargain, But Rather A Value Trap

Dec 11

Are Investors Undervaluing Conagra Brands, Inc. (NYSE:CAG) By 34%?

Nov 06

We Think Conagra Brands (NYSE:CAG) Is Taking Some Risk With Its Debt

Oct 09

5 stocks to watch on Thursday: Peloton, Levi Strauss, Conagra and more

Oct 06

Earnings week ahead: Levi Strauss, Constellation Brands, Tilray, Conagra Brands and more

Sep 30

Conagra Brands: Attractive Yield And Growing

Aug 08

Conagra Brands' (NYSE:CAG) Dividend Will Be Increased To $0.33

Jul 26

Conagra Is Coping With Inflationary Headwinds

Jul 20

ConAgra Brands Q4 2022 Earnings Preview

Jul 13

Earnings and Revenue Growth Forecasts

NYSE:CAG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
5/31/2026	12,435	1,300	1,228	1,644	12
5/31/2025	12,207	1,305	1,296	1,618	16
5/31/2024	12,077	1,187	1,771	2,318	16
2/25/2024	12,118	952	1,419	1,823	N/A
11/26/2023	12,172	985	1,164	1,552	N/A
8/27/2023	12,277	1,081	795	1,175	N/A
5/28/2023	12,277	684	633	995	N/A
2/26/2023	12,214	805	761	1,128	N/A
11/27/2022	12,041	682	818	1,213	N/A
8/28/2022	11,787	575	866	1,301	N/A
5/29/2022	11,536	888	713	1,177	N/A
2/27/2022	11,365	1,039	677	1,151	N/A
11/28/2021	11,223	1,102	707	1,189	N/A
8/29/2021	11,159	1,205	808	1,323	N/A
5/30/2021	11,185	1,299	962	1,468	N/A
2/28/2021	11,733	1,191	1,505	2,006	N/A
11/29/2020	11,517	1,114	1,489	1,957	N/A
8/30/2020	11,343	995	1,512	1,920	N/A
5/31/2020	11,054	840	1,473	1,843	N/A
2/23/2020	10,380	765	893	1,276	N/A
11/24/2019	10,532	803	888	1,291	N/A
8/25/2019	10,095	676	864	1,238	N/A
5/26/2019	9,538	680	772	1,126	N/A
2/24/2019	8,891	624	556	868	N/A
11/25/2018	8,179	730	534	795	N/A
8/26/2018	7,969	820	618	913	N/A
5/27/2018	7,938	794	703	954	N/A
2/25/2018	7,834	877	912	1,171	N/A
11/26/2017	7,821	708	N/A	1,054	N/A
8/27/2017	7,736	595	N/A	986	N/A
5/28/2017	7,827	537	N/A	1,170	N/A
2/26/2017	8,018	263	N/A	1,367	N/A
11/27/2016	8,236	150	N/A	1,449	N/A
8/28/2016	8,507	115	N/A	1,492	N/A
5/29/2016	8,664	113	N/A	1,259	N/A
2/28/2016	9,737	465	N/A	1,479	N/A
11/29/2015	10,445	609	N/A	1,415	N/A
8/30/2015	11,227	745	N/A	1,340	N/A
5/31/2015	9,034	438	N/A	1,505	N/A
2/22/2015	12,771	116	N/A	1,341	N/A
11/23/2014	13,811	128	N/A	1,404	N/A
8/24/2014	14,891	124	N/A	1,636	N/A
5/25/2014	11,838	612	N/A	1,569	N/A
2/23/2014	16,448	751	N/A	1,599	N/A
11/24/2013	16,334	647	N/A	1,516	N/A
8/25/2013	15,840	653	N/A	1,254	N/A
5/26/2013	13,469	685	N/A	1,412	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAG's forecast earnings growth (8.2% per year) is above the savings rate (2.3%).

Earnings vs Market: CAG's earnings (8.2% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: CAG's earnings are forecast to grow, but not significantly.

Revenue vs Market: CAG's revenue (1.5% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: CAG's revenue (1.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CAG's Return on Equity is forecast to be low in 3 years time (13.5%).

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Conagra Brands Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Conagra Brands, Inc. Provides Earnings Guidance for the Fiscal Year 2024

Price target decreased by 12% to US$31.72

Conagra Brands, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2024

Price target decreased by 7.4% to US$38.21

Price target increased to US$41.65

Conagra Brands, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Recent updates

Third quarter dividend of US$0.35 announced

Now 21% undervalued

Conagra: Not Too Old To Make My Dividend Stock List, Buy Rating

Conagra Brands' (NYSE:CAG) Earnings Offer More Than Meets The Eye

Conagra Brands, Inc. Approves Quarterly Dividend, Payable on May 30, 2024

Earnings Tell The Story For Conagra Brands, Inc. (NYSE:CAG)

Third quarter 2024 earnings: EPS misses analyst expectations

Conagra Brands, Inc. Provides Earnings Guidance for the Fiscal Year 2024

Conagra Q3 Earnings Preview: A Focus On Frozen Foods And Volume Improvement

Returns At Conagra Brands (NYSE:CAG) Are On The Way Up

Conagra Brands: A Strong Dividend Performer Poised For Growth

Conagra Brands, Inc. to Report Q3, 2024 Results on Apr 04, 2024

Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt

Mrs. Butterworth's and Dunkin' Partner to Introduce New Glazed Donut Flavored Syrup

Conagra Brands: Value-Priced Dividend Play

Upcoming dividend of US$0.35 per share at 4.9% yield

Second quarter 2024 earnings: EPS misses analyst expectations

Conagra Brands Q2 Earnings: Positive Volume Trends Despite Top Line Pressure

Conagra: Frozen In Value Range

Conagra Brands (NYSE:CAG) Is Reinvesting At Lower Rates Of Return

Conagra Brands, Inc. Approves Quarterly Dividend, Payable on February 29, 2024

Conagra Brands, Inc. to Report Q2, 2024 Results on Jan 04, 2024

Why Conagra Is A Top-Tier Value Play For 2024 And Beyond

Upcoming dividend of US$0.35 per share at 5.2% yield

Conagra: Buy Alert For Dividend, Defensive And Value Investors

Conagra's Selloff Opened Up A Good Buying Opportunity

Price target decreased by 12% to US$31.72

Conagra Brands, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2024

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

New Conagra Brands Snacks Heat Up 2023 NACS Show

High number of new directors

Conagra Brands: If Only Cheap Were Enough Of A Reason

Conagra Brands Announces Appointment of Francisco Fraga to Its Board of Directors

Conagra Brands: The Parts Are Worth More Than The Whole

Here's Why Shareholders Should Examine Conagra Brands, Inc.'s (NYSE:CAG) CEO Compensation Package More Closely

Conagra Brands, Inc. to Report Q1, 2024 Results on Oct 05, 2023

We Think Conagra Brands (NYSE:CAG) Is Taking Some Risk With Its Debt

Conagra: Growing Dividends And Market Share

Conagra Brands, Inc., Annual General Meeting, Sep 14, 2023

Co-COO & Executive VP notifies of intention to sell stock

Conagra Brands, Inc. Appoints William Eric Johnson to Serve as Senior Vice President, Corporate Controller (Principal Accounting Officer)

Conagra: Attractive Valuation For This Dividend Grower

President exercised options and sold US$745k worth of stock

Conagra Brands (NYSE:CAG) Will Pay A Larger Dividend Than Last Year At $0.35

Conagra Brands Announces Sizzling Summer Line-Up of New Products

Upcoming dividend of US$0.35 per share at 4.2% yield

Price target decreased by 7.4% to US$38.21

New major risk - Dividend sustainability

Full year 2023 earnings: EPS misses analyst expectations

Conagra: Cautiously Reconsider This Stock (Rating Upgrade)

Conagra Brands, Inc. Announces Executive Changes

Conagra: Our Investment Thesis Became Less Bullish, Rating Downgrade

Conagra Brands, Inc., Recalls Frozen Beef Shepherd's Pie Products Due to Possible Foreign Matter Contamination

Conagra Brands, Inc. to Report Q4, 2023 Results on Jul 13, 2023

Is There An Opportunity With Conagra Brands, Inc.'s (NYSE:CAG) 38% Undervaluation?

Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden

Upcoming dividend of US$0.33 per share at 3.5% yield

Insider notifies of intention to sell stock

Co-COO & Executive VP notifies of intention to sell stock

Third quarter 2023 earnings: EPS exceeds analyst expectations

Conagra Brands, Inc.'s (NYSE:CAG) Intrinsic Value Is Potentially 79% Above Its Share Price

Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden

Conagra Brands, Inc. Debuts Delicious Collection of New Products

Upcoming dividend of US$0.33 per share

Insider recently sold US$2.0m worth of stock

Price target increased to US$41.65

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Conagra Brands, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Conagra Brands Q2 2023 Earnings: Still A Tasty Play