Conagra Brands
About: Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the US retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.
Employees: 18,500
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]
1.47% more ownership
Funds ownership: 84.31% [Q3] → 85.78% (+1.47%) [Q4]
3% less funds holding
Funds holding: 858 [Q3] → 828 (-30) [Q4]
10% less repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 314
12% less first-time investments, than exits
New positions opened: 114 | Existing positions closed: 129
13% less capital invested
Capital invested by funds: $13.1B [Q3] → $11.4B (-$1.71B) [Q4]
14% less call options, than puts
Call options by funds: $70.3M | Put options by funds: $82M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
2%
downside
Avg. target
$26
1%
downside
High target
$27
2%
upside
5 analyst ratings
0 positive
0%
5 neutral
100%
0 negative
0%
Morgan Stanley Megan Alexander 53% 1-year accuracy 9 / 17 met price target | 2%upside $27 | Equal-Weight Initiated | 24 Mar 2025 |
JP Morgan Ken Goldman 50% 1-year accuracy 6 / 12 met price target | 2%downside $26 | Neutral Maintained | 6 Mar 2025 |
Goldman Sachs Leah Jordan 64% 1-year accuracy 7 / 11 met price target | 2%downside $26 | Neutral Maintained | 25 Feb 2025 |
Stifel Matthew Smith 52% 1-year accuracy 13 / 25 met price target | 2%downside $26 | Hold Maintained | 19 Feb 2025 |
Wells Fargo Chris Carey 47% 1-year accuracy 21 / 45 met price target | 2%upside $27 | Equal-Weight Maintained | 18 Feb 2025 |
Financial journalist opinion
Based on 8 articles about CAG published over the past 30 days
Negative
Zacks Investment Research
3 days ago
Analysts Estimate Conagra Brands (CAG) to Report a Decline in Earnings: What to Look Out for
Conagra Brands (CAG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
1 week ago
Forget The S&P 500 - Buy These 3 Dividend Stocks Instead
Market uncertainty, driven by inflation, geopolitical risks, and Fed actions, has heightened volatility. My earlier warnings about these risks have largely played out in 2025. The S&P 500's overreliance on a few tech giants has skewed performance. Diversifying into undervalued dividend stocks can improve risk/reward in this shaky environment. I've shifted focus to dividend-focused ETFs and undervalued stocks with strong growth potential. While risks remain, this strategy aims to balance stability and long-term returns.
Positive
Seeking Alpha
1 week ago
Conagra: Continued Headwinds But With An Attractive Valuation And Solid Dividend Yield
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%.
Positive
Seeking Alpha
2 weeks ago
Buy 7 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills
Seven of the ten lowest-priced BBB "Safer" dividend stocks, including Altria, Verizon, and Conagra, meet the dogcatcher ideal of dividends from $1000 invested exceeding single share prices. Analysts project 15.22% to 43.43% net gains for top-ten BBB dividend dogs by March 2026, with U.S. Bancorp and KeyCorp leading. Five BBB stocks, such as KeyCorp and Truist, show negative free cash flow margins, making them unsafe buys despite high yields.
Negative
The Motley Fool
2 weeks ago
Why You Should Stay Away From These 3 Stocks Even as They Rally During the Market's Swoon
The Nasdaq Composite's (NASDAQINDEX: ^IXIC) drop into correction territory got investors worried. The S&P 500's (SNPINDEX: ^GSPC) fall to correction levels this week seems to have confirmed their concerns.
Neutral
Reuters
2 weeks ago
Exclusive: US food giants PepsiCo, Conagra seek to exempt some imports from tariffs, trade group says
Major packaged food makers including Quaker Oats and Folgers coffee asked U.S. President Donald J. Trump for targeted exemptions from tariffs on imports like cocoa and fruit, according to a letter seen by Reuters.
Positive
Schwab Network
2 weeks ago
"Don't Fear Recession," Balance Big Tech with Defense Stocks
Dale Smothers calls the current market sell-off a "10% correction" that is healthy for the markets. He tells investors it's okay to buy into lower price action but not to go all in on names like Nvidia (NVDA), Microsoft (MSFT) and Apple (AAPL).
Neutral
PRNewsWire
3 weeks ago
Conagra Brands to Release Fiscal 2025 Third Quarter Earnings on April 3, 2025
CHICAGO , March 4, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will release its fiscal 2025 third quarter results on Thursday, April 3, 2025. A press release and supplemental materials, including pre-recorded remarks, will be issued that morning prior to a 30-minute live question-and-answer session with the investment community at 9:30 a.m.
Neutral
Zacks Investment Research
4 weeks ago
BRFS or CAG: Which Is the Better Value Stock Right Now?
Investors with an interest in Food - Miscellaneous stocks have likely encountered both BRF (BRFS) and Conagra Brands (CAG). But which of these two stocks offers value investors a better bang for their buck right now?
Positive
The Motley Fool
1 month ago
3 Dividend Stocks With Yields Over 5% to Buy Now and Boost Your Passive Income Stream
The benefits of investing in dividend stocks can feel modest when the major market indexes are notching all-time highs. But the passive income they provide can be an excellent supplement to your finances no matter what equity prices are doing.
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