MARKET COMPOSITE
CAG - Conagra Brands Inc8:00:02 PM 4/19/2024
Price
$30.62
+ 0.26 (0.86%)
Conagra Brands, Inc. is an American packaged foods company headquartered in Chicago, Illinois. Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. Conagra was founded in 1919 by Frank Little and Alva Kinney, who brought together four grain mills as Nebraska Consolidated Mills with its head Grand Island, Nebraska. The headquarters were moved to Omaha in 1922. The company ran at a profit until 1936, when Kinney retired. In 1940, the company began producing flour at its own mill, and in 1942 ventured into the livestock feed business. That year president R. S. Dickinson opened the company's first out-of-state facility in Alabama with a flour mill and animal feed plant.
Financials
Quarterly financials
(USD)Feb 2024Q/Q
Revenue3B-5%
Gross Profit858.8MM-
Cost Of Revenue2.2B-8%
Operating Income578.4MM+6%
Operating Expenses280.4MM-
Net Income308.6MM+8%
G&A387.4MM-3%
Amortization13.4MM+1%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    The company says it can meet its business needs by making its products in fewer facilities.

    Recently, Zacks.com users have been paying close attention to Conagra Brands (CAG). This makes it worthwhile to examine what the stock has in store.

    Let’s three stocks that could surpass the market returns by 2026. These businesses are involved in different industries, leading in consumer staples, industrials and consumer discretionary. However, they are all connected by the potency of solid growth, even in harsh market conditions. The first skillfully navigates through shifting consumer tastes with a diverse portfolio demonstrating resilience. Its strong brand and strategic positioning have allowed steady growth despite demand swings. Conve

    Conagra Brands, Inc. (NYSE: CAG) today announced that its Board of Directors approved a quarterly dividend payment of $0.35 per share of CAG common stock to be paid on May 30, 2024 to stockholders of record as of the close of business on April 30, 2024. Conagra Brands, Inc. has paid consecutive quarterly dividends since January 1976.

    The packaged food giant said it regularly evaluates its production network to ensure it is “operating as effectively and efficiently as possible” in order to remain competitive.

    Americans relying on government benefits to buy food and other essentials are slashing spending, prompting food makers like Kraft-Heinz and Conagra Brands to overhaul their products and strategies following years of price hikes. "We expect reduced SNAP [food stamp] benefits will be a headwind," Dollar Tree CEO Richard Dreiling said during a March 13 earnings call. Dreiling was referring to the U.S. government's supplemental nutrition assistance program (SNAP), which provides benefits to low-in...

    Conagra Brands, Inc. (NYSE:CAG) Q3 2024 Earnings Call Transcript April 4, 2024 Conagra Brands, Inc. beats earnings expectations. Reported EPS is $0.69, expectations were $0.65. CAG isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and welcome to the […]

    Americans relying on government benefits to buy food and other essentials are slashing spending, prompting food makers like Kraft-Heinz and Conagra Brands to overhaul their products and strategies following years of price hikes. "We expect reduced SNAP [food stamp] benefits will be a headwind," Dollar Tree CEO Richard Dreiling said during a March 13 earnings call. Dreiling was referring to the U.S. government's supplemental nutrition assistance program (SNAP), which provides benefits to low-in...

    Conagra Brands showcases market leadership and strategic initiatives amidst challenging economic conditions in its third-quarter earnings call.

    ConAgra Brands Inc (NYSE: CAG) reported better-than-expected third-quarter financial results on Thursday. On the heels of that news, some investors may be eyeing potential gains from the company’s dividends. Currently, ConAgra Brands — owner of brands like Reddi-wip, Healthy Choice and Marie Callender's — offers an annual dividend yield of 4.57%. That's a quarterly dividend amount of 35 cents per share ($1.40 a year). So, how can investors exploit its dividend yield to pocket a regular $500 mont