Conagra Brands (NYSE:CAG) Receives Consensus Rating of “Reduce” from Brokerages

Conagra Brands (NYSE:CAG) has received a consensus recommendation of “Reduce” from the fourteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $20.25.

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Tuesday, December 16th. The Goldman Sachs Group decreased their target price on shares of Conagra Brands from $18.00 to $16.00 and set a “sell” rating for the company in a research note on Monday, November 24th. Wells Fargo & Company dropped their price target on Conagra Brands from $20.00 to $19.00 and set an “equal weight” rating on the stock in a research report on Friday, December 12th. UBS Group reduced their price objective on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Conagra Brands in a report on Wednesday, October 8th.

Trending Headlines about Conagra Brands

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

• Positive Sentiment: Board approved a $0.35 quarterly dividend (7.9% yield), supporting income investors and providing a floor for the stock. Dividend Announcement
• Neutral Sentiment: Q2 reported EPS was $0.45, narrowly beating the consensus $0.44, but revenue was $2.98B (below the ~$3.0B estimate) — a mixed print that removes upside surprise but avoids a clear miss. Quarterly Results
• Neutral Sentiment: Management maintained full‑year sales and profit forecasts, signaling confidence in the plan despite near‑term pressure. That stability is neutral — it prevents a pessimistic reset but offers limited upside. Reuters: Maintains Forecasts
• Negative Sentiment: Company took a large $968M impairment in Q2, weighing on reported results and investor sentiment; such charges can raise questions about portfolio strength and near‑term cash flow optics. MSN: $968M Impairment
• Negative Sentiment: Organic net sales declined (~3%) and total revenue fell ~6.8% year‑over‑year, reflecting softer volumes as consumers pull back — a demand weakness that could pressure margins and growth expectations. Zacks: Sales Decline
• Negative Sentiment: The firm set FY‑2026 EPS guidance at $1.70–$1.85 (slightly below street consensus ~ $1.81) and some analysts have trimmed targets (JPMorgan lowered its price target), which adds downward pressure on the stock. Analyst PT Cut

Conagra Brands Trading Down 2.6%

NYSE CAG opened at $17.35 on Friday. The firm has a market capitalization of $8.30 billion, a PE ratio of -78.84 and a beta of -0.01. The stock’s 50 day moving average is $17.65 and its 200 day moving average is $18.96. Conagra Brands has a twelve month low of $16.60 and a twelve month high of $28.51. The company has a quick ratio of 0.44, a current ratio of 1.06 and a debt-to-equity ratio of 0.81.

Conagra Brands (NYSE:CAG) last posted its quarterly earnings data on Friday, December 19th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Conagra Brands had a return on equity of 11.72% and a net margin of 7.42%.The business had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $3 billion. During the same quarter in the prior year, the company earned $0.70 earnings per share. The firm’s quarterly 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. Research analysts forecast that Conagra Brands will post 2.35 earnings per share for the current fiscal year.

Conagra Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Investors 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 8.1%. The ex-dividend date of this dividend is Tuesday, January 27th. Conagra Brands’s dividend payout ratio is -636.36%.

Insiders Place Their Bets

In other Conagra Brands news, SVP Melissa C. Napier sold 13,011 shares of Conagra Brands stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $17.19, for a total value of $223,659.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Conagra Brands

A number of institutional investors have recently made changes to their positions in CAG. AIA Group Ltd lifted its position in Conagra Brands by 238.9% in the 3rd quarter. AIA Group Ltd now owns 205,954 shares of the company’s stock valued at $3,771,000 after acquiring an additional 145,191 shares in the last quarter. Allworth Financial LP raised its stake in shares of Conagra Brands by 69.0% in the third quarter. Allworth Financial LP now owns 12,161 shares of the company’s stock worth $223,000 after purchasing an additional 4,966 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Conagra Brands by 32.0% during the third quarter. IFP Advisors Inc now owns 209,446 shares of the company’s stock valued at $3,869,000 after purchasing an additional 50,776 shares in the last quarter. Groupama Asset Managment boosted its position in shares of Conagra Brands by 31.5% during the third quarter. Groupama Asset Managment now owns 23,112 shares of the company’s stock valued at $423,000 after buying an additional 5,533 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Conagra Brands by 15.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,021,478 shares of the company’s stock worth $55,323,000 after buying an additional 408,597 shares in the last quarter. Hedge funds and other institutional investors own 83.75% of the company’s stock.

About Conagra Brands

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.