Analysts Issue Forecasts for Conagra Brands FY2026 Earnings

Conagra Brands (NYSE:CAG) – Analysts at Zacks Research cut their FY2026 earnings per share (EPS) estimates for Conagra Brands in a note issued to investors on Wednesday, April 15th. Zacks Research analyst Team now expects that the company will post earnings per share of $1.70 for the year, down from their prior forecast of $1.72. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Conagra Brands’ current full-year earnings is $2.35 per share. Zacks Research also issued estimates for Conagra Brands’ Q4 2026 earnings at $0.47 EPS, Q2 2027 earnings at $0.49 EPS, Q3 2027 earnings at $0.40 EPS, Q4 2027 earnings at $0.45 EPS, FY2027 earnings at $1.74 EPS, Q1 2028 earnings at $0.44 EPS, Q2 2028 earnings at $0.50 EPS, Q3 2028 earnings at $0.42 EPS and FY2028 earnings at $1.82 EPS.

Conagra Brands (NYSE:CAG) last issued its quarterly earnings data on Wednesday, April 1st. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Conagra Brands had a negative net margin of 0.39% and a positive return on equity of 10.15%. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 EPS.

Other research analysts also recently issued research reports about the stock. Stifel Nicolaus lowered their price target on shares of Conagra Brands from $19.00 to $17.00 and set a “hold” rating for the company in a report on Thursday, April 2nd. TD Cowen lowered their price target on shares of Conagra Brands from $18.00 to $14.00 and set a “hold” rating for the company in a report on Wednesday, March 25th. Barclays lowered their price target on shares of Conagra Brands from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, April 2nd. JPMorgan Chase & Co. lowered their price target on shares of Conagra Brands from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Friday, March 20th. Finally, Morgan Stanley lowered their price target on shares of Conagra Brands from $19.00 to $17.00 and set an “equal weight” rating for the company in a report on Thursday, April 2nd. One research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $16.07.

Conagra Brands Stock Up 4.3%

Shares of NYSE:CAG opened at $14.70 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.30 and a debt-to-equity ratio of 0.79. Conagra Brands has a 12 month low of $14.04 and a 12 month high of $25.77. The company has a 50-day moving average price of $17.14 and a 200 day moving average price of $17.50. The company has a market cap of $7.03 billion, a price-to-earnings ratio of -146.94 and a beta of 0.04.

Conagra Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Thursday, April 30th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $1.40 annualized dividend and a yield of 9.5%. Conagra Brands’s dividend payout ratio (DPR) is presently -1,400.00%.

Insider Activity

In other news, Director Richard H. Lenny acquired 25,000 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was acquired at an average price of $14.34 per share, with a total value of $358,500.00. Following the completion of the purchase, the director directly owned 229,340 shares in the company, valued at approximately $3,288,735.60. This trade represents a 12.23% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John J. Mulligan acquired 17,500 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was purchased at an average cost of $14.31 per share, with a total value of $250,425.00. Following the purchase, the director owned 20,728 shares of the company’s stock, valued at $296,617.68. The trade was a 542.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.57% of the stock is owned by company insiders.

Institutional Trading of Conagra Brands

Several institutional investors have recently added to or reduced their stakes in the company. WealthPlan Investment Management LLC lifted its stake in Conagra Brands by 5.3% in the fourth quarter. WealthPlan Investment Management LLC now owns 10,920 shares of the company’s stock worth $189,000 after purchasing an additional 548 shares during the last quarter. Sutton Place Investors LLC lifted its stake in Conagra Brands by 1.9% in the third quarter. Sutton Place Investors LLC now owns 31,196 shares of the company’s stock worth $571,000 after purchasing an additional 585 shares during the last quarter. International Private Wealth Advisors LLC lifted its stake in Conagra Brands by 4.9% in the fourth quarter. International Private Wealth Advisors LLC now owns 13,153 shares of the company’s stock worth $228,000 after purchasing an additional 609 shares during the last quarter. All Terrain Financial Advisors LLC lifted its stake in Conagra Brands by 0.3% in the fourth quarter. All Terrain Financial Advisors LLC now owns 176,971 shares of the company’s stock worth $3,063,000 after purchasing an additional 609 shares during the last quarter. Finally, Blair William & Co. IL lifted its stake in Conagra Brands by 0.5% in the third quarter. Blair William & Co. IL now owns 136,235 shares of the company’s stock worth $2,494,000 after purchasing an additional 633 shares during the last quarter. Institutional investors own 83.75% of the company’s stock.

Trending Headlines about Conagra Brands

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

• Positive Sentiment: Two directors bought stock at ~\$14.31–\$14.34 per share (John J. Mulligan purchased 17,500 shares; Richard H. Lenny purchased 25,000 shares), signaling insider confidence and supporting the rally. Mulligan Form 4 Lenny Form 4
• Neutral Sentiment: BTIG initiated coverage with a neutral recommendation — a formal analyst presence can boost liquidity and attention but the neutral stance is not a directional endorsement. BTIG Initiates Coverage
• Neutral Sentiment: Conagra recently announced a quarterly dividend of $0.35 (ex-dividend April 30), producing a headline-high yield that may attract income-focused buyers even as underlying profitability remains under pressure. MarketBeat CAG profile
• Negative Sentiment: Zacks Research cut EPS estimates across multiple quarters and fiscal years (FY2026–FY2028), and retains a “Hold” rating — the downgrades lower near‑term earnings expectations and add downward pressure on valuation.
• Negative Sentiment: Several sell/hold analysts have trimmed price targets in recent weeks (Sanford Bernstein, Wells Fargo, Stifel, TD Cowen, Deutsche Bank), keeping consensus sentiment cautious and the street target nearer to the mid‑teens. Why CAG is up today

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.