Conagra Brands clears index switch, shares now tracked in S&P SmallCap 600

Conagra Brands moves out of the S&P 500 and into the S&P SmallCap 600, a marked shift that reshapes how the food maker’s shares are positioned in U.S. equity benchmarks.

By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-24, 12:14.

Conagra Brands (US2058871029) has been reassigned from the S&P 500 to the S&P SmallCap 600, according to index data referenced by MarketScreener. The packaged foods group continues to trade on the NYSE under the ticker CAG, giving U.S. investors continuity of venue.

What the index move shows

MarketScreener notes that S&P Dow Jones Indices moved Conagra Brands out of the large cap S&P 500 basket and into the S&P SmallCap 600 on June 23, 2026. Index changes of this type typically reflect shifts in market capitalization and eligibility criteria rather than short-term operating decisions.

Data on Arincen puts Conagra’s market capitalization at around 6.4 billion USD, consistent with small-cap categorization in the U.S. equity universe. At the same time, the shares closed at 13.43 USD on June 23, 2026, up roughly 4.5 percent on the day in NYSE trading.

Analyst consensus and earnings timing

An overview of ratings compiled by MarketScreener shows several major houses - including Deutsche Bank, Evercore ISI, Morgan Stanley and JPMorgan - currently holding neutral stances on Conagra Brands. Recent notes in early June reiterated Hold or equivalent ratings, underlining a cautious but not bearish view on the stock.

According to an update based on PR Newswire, Conagra is scheduled to release its fiscal 2026 fourth quarter and full-year results in early July, with Wall Street watching guidance and dividend policy closely. The same source cites 14 analyst opinions with a distribution of one Buy, twelve Hold and one Sell, pointing to a clear majority in the Hold camp.

How Conagra Brands makes its money

Conagra Brands generates most of its revenue in North America through branded consumer packaged foods across frozen meals, snacks and grocery staples. Well-known labels include Slim Jim in meat snacks, underlining its number one share in that category, and several frozen food brands where it ranks second in the U.S. behind Nestlé.

Where the shares trade today

The Conagra Brands shares (US2058871029) last traded on June 23, 2026 on the NYSE at 13.43 USD, based on Arincen's delayed quote data. That pricing implies a market capitalization of roughly 6.43 billion USD, according to the same source.

Key data on the Conagra Brands shares

• Company: Conagra Brands, Inc.
• ISIN: US2058871029
• WKN: 861259
• Ticker: CAG
• Trading venue: NYSE
• Price (as of 2026-06-23, 22:03): 13.43 USD
• Market cap: 6.43 billion USD (as of 2026-06-23)
• Sector / industry: Packaged foods and meats
• Index membership: S&P SmallCap 600
• Next earnings date: 2026-07-09

Disclaimer: This text is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any financial instrument. Historical performance is not a reliable indicator of future results.