Analysts Set Expectations for Conagra Brands Q2 Earnings

Conagra Brands, Inc. (NYSE:CAG) – Stock analysts at Zacks Research dropped their Q2 2025 earnings per share estimates for shares of Conagra Brands in a research report issued to clients and investors on Wednesday, October 16th. Zacks Research analyst V. Bagree now anticipates that the company will earn $0.69 per share for the quarter, down from their prior estimate of $0.71. The consensus estimate for Conagra Brands’ current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Conagra Brands’ Q3 2025 earnings at $0.73 EPS, FY2025 earnings at $2.60 EPS, Q1 2026 earnings at $0.58 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.72 EPS, FY2026 earnings at $2.65 EPS and Q1 2027 earnings at $0.59 EPS.

Several other equities analysts have also commented on the stock. Citigroup lowered their price objective on shares of Conagra Brands from $32.00 to $30.00 and set a “neutral” rating for the company in a research report on Friday, June 28th. Royal Bank of Canada reiterated a “sector perform” rating and set a $29.00 price objective on shares of Conagra Brands in a research report on Thursday, October 3rd. The Goldman Sachs Group began coverage on shares of Conagra Brands in a research report on Monday, August 12th. They set a “buy” rating and a $36.00 price objective for the company. Stifel Nicolaus lowered their price objective on shares of Conagra Brands from $32.00 to $30.00 and set a “hold” rating for the company in a research report on Friday, July 12th. Finally, Evercore ISI lowered their target price on shares of Conagra Brands from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Friday, July 12th. Six research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Conagra Brands presently has an average rating of “Hold” and an average price target of $31.63.

Conagra Brands Price Performance

CAG stock opened at $30.32 on Thursday. Conagra Brands has a 52 week low of $26.62 and a 52 week high of $33.24. The company has a quick ratio of 0.33, a current ratio of 0.94 and a debt-to-equity ratio of 0.86. The company has a fifty day simple moving average of $31.15 and a two-hundred day simple moving average of $30.29. The firm has a market capitalization of $14.49 billion, a P/E ratio of 41.53, a price-to-earnings-growth ratio of 3.01 and a beta of 0.32.

Conagra Brands (NYSE:CAG) last released its quarterly earnings data on Wednesday, October 2nd. The company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.07). Conagra Brands had a net margin of 4.14% and a return on equity of 13.71%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.84 billion. During the same quarter last year, the business earned $0.66 EPS. Conagra Brands’s revenue for the quarter was down 3.8% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CAG. Marshall Wace LLP increased its stake in Conagra Brands by 1,362.6% in the 2nd quarter. Marshall Wace LLP now owns 2,406,743 shares of the company’s stock worth $68,400,000 after buying an additional 2,242,186 shares during the period. Federated Hermes Inc. increased its stake in Conagra Brands by 20.5% in the 2nd quarter. Federated Hermes Inc. now owns 11,013,503 shares of the company’s stock worth $313,004,000 after buying an additional 1,871,238 shares during the period. AMF Tjanstepension AB purchased a new position in Conagra Brands during the 1st quarter valued at about $47,980,000. Squarepoint Ops LLC increased its position in Conagra Brands by 148.2% during the 2nd quarter. Squarepoint Ops LLC now owns 2,535,116 shares of the company’s stock valued at $72,048,000 after purchasing an additional 1,513,726 shares during the period. Finally, Miller Howard Investments Inc. NY increased its position in Conagra Brands by 523.8% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 1,446,775 shares of the company’s stock valued at $41,117,000 after purchasing an additional 1,214,859 shares during the period. Hedge funds and other institutional investors own 83.75% of the company’s stock.

Insider Transactions at Conagra Brands

In related news, COO Thomas M. Mcgough sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $30.29, for a total value of $1,211,600.00. Following the transaction, the chief operating officer now owns 161,443 shares of the company’s stock, valued at $4,890,108.47. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.88% of the company’s stock.

Conagra Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Thursday, October 31st will be issued a $0.35 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.40 annualized dividend and a dividend yield of 4.62%. Conagra Brands’s dividend payout ratio (DPR) is presently 191.78%.

About Conagra Brands

Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.