B&G Foods (NYSE:BGS) Updates FY 2026 Earnings Guidance

B&G Foods (NYSE:BGS) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.575-0.675 for the period, compared to the consensus earnings per share estimate of 0.610. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

B&G Foods Stock Down 0.1%

Shares of B&G Foods stock traded down $0.01 during trading on Tuesday, hitting $5.09. The company’s stock had a trading volume of 2,168,286 shares, compared to its average volume of 2,041,532. The company has a debt-to-equity ratio of 4.30, a quick ratio of 1.43 and a current ratio of 3.32. The company has a fifty day simple moving average of $5.25 and a two-hundred day simple moving average of $4.80. The company has a market capitalization of $408.88 million, a PE ratio of -9.42 and a beta of 0.58. B&G Foods has a 52 week low of $3.67 and a 52 week high of $6.38.

B&G Foods (NYSE:BGS) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08. The business had revenue of $365.13 million during the quarter, compared to analyst estimates of $398.81 million. B&G Foods had a negative net margin of 2.37% and a positive return on equity of 8.43%. B&G Foods has set its FY 2026 guidance at 0.575-0.675 EPS. Equities research analysts predict that B&G Foods will post 0.54 earnings per share for the current year.

B&G Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 14.9%. The ex-dividend date was Tuesday, March 31st. B&G Foods’s dividend payout ratio (DPR) is currently -140.74%.

Analyst Ratings Changes

A number of analysts have weighed in on BGS shares. Barclays raised their price objective on shares of B&G Foods from $5.00 to $6.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 14th. Evercore set a $5.00 price objective on shares of B&G Foods in a research note on Wednesday, March 4th. Finally, TD Cowen restated a “sell” rating on shares of B&G Foods in a research note on Wednesday, March 4th. Three investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, B&G Foods presently has an average rating of “Reduce” and an average target price of $4.88.

Insider Buying and Selling

In related news, EVP Martin C. Schoch sold 11,321 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $5.40, for a total value of $61,133.40. Following the transaction, the executive vice president owned 34,347 shares of the company’s stock, valued at approximately $185,473.80. This trade represents a 24.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director David L. Wenner sold 19,500 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $5.19, for a total transaction of $101,205.00. Following the completion of the transaction, the director directly owned 787,566 shares in the company, valued at approximately $4,087,467.54. The trade was a 2.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 50,821 shares of company stock valued at $266,138. 5.30% of the stock is owned by insiders.

Institutional Investors Weigh In On B&G Foods

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in B&G Foods by 502.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,443 shares of the company’s stock worth $31,000 after acquiring an additional 6,207 shares during the period. Triumph Capital Management bought a new stake in B&G Foods during the 3rd quarter worth approximately $34,000. Federated Hermes Inc. bought a new stake in B&G Foods during the 2nd quarter worth approximately $35,000. Integrated Wealth Concepts LLC bought a new stake in B&G Foods during the 3rd quarter worth approximately $45,000. Finally, NCM Capital Management LLC bought a new stake in B&G Foods during the 3rd quarter worth approximately $46,000. Institutional investors own 66.15% of the company’s stock.

B&G Foods Company Profile

B&G Foods, Inc is a packaged foods holding company that develops, markets and distributes a diversified portfolio of branded shelf-stable and frozen food products. Headquartered in Parsippany, New Jersey, the company serves retail and foodservice customers across the United States and Canada. Through its network of manufacturing facilities, third-party co-packers and distribution partners, B&G Foods supplies grocery chains, mass merchandisers, club stores and e-commerce platforms.

The company’s product portfolio spans multiple categories, including vegetables, beans, soups, sauces and condiments, snacks, cereals and refrigerated or frozen offerings.