With the stock price down nearly 34% in 2025 so far, Conagra Brands, Inc. (NYSE:CAG) is included among the The 10 Best Beaten Dividend Stocks to Buy Right Now.
On October 2, RBC Capital reaffirmed its Sector Performance Rating and $22.00 CAG price target following the company’s latest quarter results. The firm described the report as “better than feared,” noting that both revenue and margins exceeded market expectations. Although Conagra Brands, Inc. (NYSE:CAG)’s revenue decreased 4.11%over the last twelve months, the company continues to maintain a healthy gross profit margin of 25.6%.
RBC noted that the company’s recent margin and revenue gains were supported in part by favorable momentum in business spending, but this benefit is likely to reverse in the next quarter. The company also warned that profitability could remain under pressure for the rest of the year due to high input costs, especially in protein.
While RBC believes Conagra Brands, Inc.’s (NYSE:CAG) full-year guidance is achievable, it also noted risks to the expected growth acceleration in the last half of the fiscal year, pointing to consumer spending trends and pricing dynamics as potential headwinds.
Conagra Brands, Inc. (NYSE:CAG) continues to maintain a strong dividend record, having paid uninterrupted quarterly dividends since January 1976. The company currently distributes $0.35 per share each quarter and has a dividend yield of 7.66%, as of October. 16.
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