Stocks · Consumer Defensive · Packaged Foods
Conagra Brands, Inc. CAG
$13.36 +1.21% Close, Oct 2, 2026 · NYSE · Market cap $6.39B
Next earnings report: Dec 18, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-3.98, down 326.1% year over year.
- Operating margin narrowed to -15.1% from 12.1% a year earlier.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 25%
- EPS growth (TTM, YoY)Bottom 3%
- FCF growth (TTM, YoY)Bottom 27%
- Revenue growth, 3-year CAGRBottom 17%
- Revenue growth accelerationTop 37%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 7%
- Gross marginBottom 28%
- Operating marginBottom 7%
- Accruals (lower is better)Top 8%
- Interest coverBottom 10%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 10%
- Free-cash-flow yieldTop 14%
- EBITDA / enterprise valueBottom 3%
- Sales / enterprise valueTop 20%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 34%
- 6-month returnBottom 34%
- 1-year return vs S&P 500Bottom 28%
- Distance from 52-week highBottom 39%
- Trend checklist (0–4)Bottom 22%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 38%
- Consecutive EPS beatsTop 45%
- Share of analysts rating BuyBottom 13%
- Upside to consensus price targetBottom 14%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 35%
- Maximum drawdown, 3 yearsBottom 32%
- Beta vs S&P 500 (lower is better)Top 5%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -2.9% | -1.8% | ↑ |
| EPS growth (YoY) | -267.4% | -326.1% | ↓ |
| Gross margin | 25.4% | 23.8% | ↓ |
| Operating margin | 12.1% | -15.1% | ↓ |
| FCF margin | 10.0% | 7.8% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -1.8% | -2.9% | ↑ | Bottom 25% |
| EPS growth (TTM, YoY) | -326.1% | -267.4% | ↓ | Bottom 3% |
| Gross margin | 23.8% | 25.4% | ↓ | Bottom 28% |
| Operating margin | -15.1% | 12.1% | ↓ | Bottom 7% |
| Net margin | -17.0% | 7.4% | ↓ | — |
| Free-cash-flow margin | 7.8% | 10.0% | ↓ | — |
| Return on invested capital | -12.3% | — | Bottom 7% | |
| Revenue growth, 3-year CAGR | -2.8% | — | Bottom 17% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -19.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -8.7 pp
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -4.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 10.48%
- Net buyback yield (TTM)
- 0.71%
- Shareholder yield
- 11.19%
- Share count change, 1 year
- +0.1%
- Share count change, 3-year CAGR
- +0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 30, 2026 (filed Sep 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +11.9%
- Average 2-day reaction, last 8
- -1.1%
- Positive 20 days after report
- 1 of 7
Analysts
- Consensus price target
- $14.10
- Target vs current price
- +5.5%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 24%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 30, 2026 | +44.4% | -4.9% | — | — | — |
| Jul 15, 2026 | +2.9% | -0.4% | +4.9% | +5.5% | — |
| Apr 1, 2026 | -2.9% | -1.3% | -0.9% | -9.5% | -10.4% |
| Dec 19, 2025 | +3.2% | -2.5% | -3.1% | -3.5% | -12.6% |
| Oct 1, 2025 | +16.8% | +5.4% | +3.3% | -1.3% | -6.7% |
| Jul 10, 2025 | -3.4% | -4.4% | -6.6% | -7.1% | -5.9% |
| Apr 3, 2025 | -2.7% | +1.5% | -2.6% | -8.3% | -22.4% |
| Dec 19, 2024 | +3.7% | -2.0% | +0.7% | -6.1% | -5.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 30, 2026 | $0.41 | $0.28 | +44.4% | $2.60B |
| Jul 15, 2026 | $0.47 | $0.46 | +2.9% | $2.88B |
| Apr 1, 2026 | $0.39 | $0.40 | -2.9% | $2.79B |
| Dec 19, 2025 | $0.45 | $0.44 | +3.2% | $2.98B |
| Oct 1, 2025 | $0.39 | $0.33 | +16.8% | $2.63B |
| Jul 10, 2025 | $0.56 | $0.58 | -3.4% | $2.78B |
| Apr 3, 2025 | $0.51 | $0.52 | -2.7% | $2.84B |
| Dec 19, 2024 | $0.70 | $0.68 | +3.7% | $3.20B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 9.1× | — | — | — |
| EV / Sales | 0.61× | — | — | Top 20% |
| Free-cash-flow yield | 13.72% | — | — | Top 14% |
| Earnings yield | -29.79% | — | — | Bottom 10% |
P/E over the past five years
Range 8.2× – 39.4× since Aug 29, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -30.8%
- Earnings per share growth (TTM)
- -326.1%
- Change in P/E multiple
- -62.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +1.3%
- 200-day average slope (20 days)
- -1.8%
- Distance from 50-day average
- -11.9%
- Distance from 200-day average
- -14.4%
- RSI (14)
- 25.7
- Relative volume
- 1.45×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 30.9%
- Volatility vs own 5-year history
- 89th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- -0.01
- Correlation with S&P 500
- -0.00
- Current drawdown from 1-year high
- -33.3%
- Maximum drawdown, 3 years
- -61.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 6, 2023 | Jun 3, 2026 | -69.3% | 853 days | Not yet recovered |
| Jun 4, 2021 | Mar 11, 2022 | -22.7% | 194 days | 200 days (Dec 27, 2022) |
| Oct 12, 2020 | Jan 12, 2021 | -13.4% | 63 days | 47 days (Mar 22, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $6.39B
- EPS, diluted (TTM)
- -$3.98
- Revenue (TTM)
- $11.24B
- Dividend yield
- 10.48%
- 52-week range
- $12.53 – $20.32
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $11.54B | $12.28B | $12.05B | $11.61B | $11.28B |
| Gross profit | $2.84B | $3.26B | $3.33B | $3.00B | $2.70B |
| Operating income | $1.35B | $1.08B | $852.8M | $1.36B | -$1.63B |
| Net income | $888.2M | $683.6M | $347.2M | $1.15B | -$1.92B |
| EPS (diluted) | $1.84 | $1.42 | $0.72 | $2.41 | -$4.00 |
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.20B | $2.84B | $2.78B | $2.63B | $2.98B | $2.79B | $2.88B | $2.60B |
| Net income | $284.5M | $145.1M | $256.0M | $164.5M | -$663.6M | $199.8M | -$1.62B | $174.3M |
| EPS (diluted) | $0.59 | $0.30 | $0.53 | $0.34 | -$1.39 | $0.42 | -$3.37 | $0.36 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.18B | $995.4M | $2.02B | $1.69B | $1.40B |
| Capital expenditure | -$464.4M | -$362.2M | -$388.1M | -$389.3M | -$423.4M |
| Free cash flow | $712.9M | $633.2M | $1.63B | $1.30B | $978.7M |
| Dividends paid | -$581.8M | -$623.8M | -$659.3M | -$669.2M | -$669.7M |
| Net share buybacks | -$61.3M | -$147.7M | -$13.8M | -$84.6M | -$35.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $371.6M
- Total assets
- $16.12B
- Total liabilities
- $9.72B
- Total debt
- $820.0M
- Net debt
- $448.4M
- Shareholders’ equity
- $6.40B
As of Aug 30, 2026 (filed Sep 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Nov 5, 2026 | $0.18 | Dec 3, 2026 |
| Jul 30, 2026 | $0.18 | Sep 2, 2026 |
| Apr 30, 2026 | $0.35 | Jun 3, 2026 |
| Jan 27, 2026 | $0.35 | Feb 26, 2026 |
| Oct 30, 2025 | $0.35 | Nov 26, 2025 |
| Jul 30, 2025 | $0.35 | Aug 28, 2025 |
| Apr 28, 2025 | $0.35 | May 29, 2025 |
| Jan 27, 2025 | $0.35 | Feb 27, 2025 |
Short interest
- Shares sold short
- 40,286,287
- Days to cover
- 3.72
- Change vs previous report
- -14.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 10, 2016
- 257-for-200
- Oct 2, 1997
- 2-for-1
- Dec 2, 1991
- 3-for-2
- Dec 4, 1989
- 3-for-2
- Dec 2, 1986
- 2-for-1