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

B&G Foods (NYSE:BGS) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.575-0.675 for the period, compared to the consensus EPS estimate of 0.560. 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 Performance

Shares of BGS stock opened at $3.44 on Wednesday. The company has a current ratio of 2.99, a quick ratio of 1.42 and a debt-to-equity ratio of 4.96. B&G Foods has a 12-month low of $3.35 and a 12-month high of $6.38. The business’s 50 day moving average is $3.81 and its two-hundred day moving average is $4.56. The company has a market capitalization of $278.82 million, a P/E ratio of -3.58 and a beta of 0.49.

B&G Foods (NYSE:BGS) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $383.27 million during the quarter, compared to analysts’ expectations of $394.92 million. B&G Foods had a positive return on equity of 9.67% and a negative net margin of 4.23%.The business’s revenue was down 9.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.04 earnings per share. B&G Foods has set its FY 2026 guidance at 0.575-0.675 EPS. Analysts expect that B&G Foods will post 0.57 EPS for the current fiscal year.

B&G Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 11.1%. The ex-dividend date of this dividend is Wednesday, September 30th. B&G Foods’s payout ratio is presently -39.58%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on BGS shares. Barclays reduced their price objective on shares of B&G Foods from $6.00 to $5.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 21st. Weiss Ratings lowered shares of B&G Foods from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. Finally, Jefferies Financial Group set a $4.00 target price on shares of B&G Foods in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $4.38.

B&G Foods News Roundup

Here are the key news stories impacting B&G Foods this week:

• Positive Sentiment: Full-year EPS guidance was raised or maintained above expectations: B&G Foods guided to fiscal 2026 adjusted EPS of $0.575–$0.675, above the analyst consensus of $0.560. Revenue guidance of approximately $1.7–$1.8 billion was broadly in line with expectations. B&G Foods FY 2026 guidance
• Positive Sentiment: Profitability and cash flow improved in the second quarter: Operating profit rose 57% to $34.6 million, while operating cash flow increased 32.3% year over year to $23.6 million. The company also reported quarterly EPS of $0.06, matching consensus estimates. B&G Foods second-quarter financial results
• Neutral Sentiment: Portfolio changes complicate year-over-year comparisons: Results include the College Inn and Kitchen Basics acquisition, the Green Giant U.S. frozen divestiture, and a new co-manufacturing agreement. These transactions may support the company’s strategic focus but make reported sales trends more difficult to interpret. B&G Foods portfolio changes
• Negative Sentiment: Revenue materially missed expectations: Second-quarter sales fell 9.7% year over year to about $383.3 million, below analysts’ roughly $394.9 million forecast. The decline reinforces concerns about weak demand and ongoing pressure on the company’s brands. B&G Foods misses second-quarter sales expectations
• Negative Sentiment: Financial risk and management uncertainty remain overhangs: B&G Foods has a debt-to-equity ratio of approximately 4.96 and a negative net margin. CEO Kenneth C. “Casey” Keller is also retiring, creating additional uncertainty during a period of declining sales. B&G Foods CEO retirement announcement

Institutional Investors Weigh In On B&G Foods

A number of large investors have recently modified their holdings of BGS. Northwestern Mutual Wealth Management Co. grew 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 valued at $31,000 after acquiring an additional 6,207 shares in the last quarter. Triumph Capital Management acquired a new position in shares of B&G Foods during the 3rd quarter worth approximately $34,000. Federated Hermes Inc. purchased a new stake in shares of B&G Foods in the second quarter valued at approximately $35,000. Integrated Wealth Concepts LLC purchased a new stake in shares of B&G Foods in the third quarter valued at approximately $45,000. Finally, NCM Capital Management LLC acquired a new stake in shares of B&G Foods in the third quarter valued at approximately $46,000. Hedge funds and other institutional investors own 66.15% of the company’s stock.

About B&G Foods

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.