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

B&G Foods (NYSE:BGS) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.575-0.675 for the period, compared to the consensus earnings per share estimate of 0.570. The company issued revenue guidance of $1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

B&G Foods Stock Up 30.3%

Shares of NYSE:BGS opened at $3.47 on Wednesday. The stock has a market capitalization of $281.72 million, a P/E ratio of -3.89 and a beta of 0.56. The stock’s 50-day moving average price is $2.71 and its 200-day moving average price is $4.02. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 5.08. B&G Foods has a 12-month low of $1.99 and a 12-month high of $6.38.

B&G Foods (NYSE:BGS) last released its earnings results on Tuesday, November 10th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.06. The company had revenue of $459.78 million during the quarter, compared to analyst estimates of $435.00 million. B&G Foods had a positive return on equity of 10.74% and a negative net margin of 4.00%. B&G Foods’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.15 EPS. On average, equities analysts anticipate that B&G Foods will post 0.57 earnings per share for the current year.

B&G Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 26th. Shareholders of record on Thursday, December 31st will be paid a $0.0950 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 11.0%. The ex-dividend date of this dividend is Thursday, December 31st. B&G Foods’s payout ratio is -42.70%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. TD Cowen lowered their price objective on B&G Foods from $4.00 to $3.00 and set a “sell” rating for the company in a research report on Wednesday, August 12th. Weiss Ratings downgraded shares of B&G Foods from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, October 8th. Evercore set a $4.50 target price on shares of B&G Foods in a research note on Wednesday, August 12th. Barclays lowered their price target on shares of B&G Foods from $4.50 to $3.00 and set an “equal weight” rating for the company in a report on Friday, October 16th. Finally, Jefferies Financial Group set a $4.00 price target on shares of B&G Foods in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Sell” and a consensus price target of $3.62.

B&G Foods News Roundup

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

• Positive Sentiment: Third-quarter adjusted EPS was $0.21, topping the $0.15 consensus estimate, while sales of $459.8 million exceeded the $435 million estimate and grew 4.7% year over year. B&G Foods Reports Financial Results for Third Quarter 2026
• Positive Sentiment: The company lifted its 2026 net-sales outlook to $1.76 billion–$1.8 billion, signaling improved expectations for the full year. It also aims to bring leverage below 6x by mid-2027, a potentially favorable longer-term step if achieved. B&G Foods targets lower leverage and lifts sales outlook
• Neutral Sentiment: The leverage target is forward-looking; investors will likely watch for evidence that B&G Foods can execute on debt reduction while sustaining sales growth.

B&G Foods Company Profile

B&G Foods, Inc. is a branded food company headquartered in Parsippany, New Jersey. The company manufactures, sells and distributes a portfolio of shelf-stable, frozen and specialty food products through grocery stores, mass merchandisers, club stores, foodservice distributors and e-commerce channels. Its products include vegetables, beans, pickles, condiments, sauces, spices, seasonings, baking products, hot cereals, snacks and frozen foods. B&G Foods’ brand portfolio has included Ortega Mexican foods, Cream of Wheat, Mrs. Dash, Maple Grove Farms, Polaner, Cary’s, Las Palmas, Underwood and B&G pickles, among other consumer food brands.