Constellation Brands (STZ) Stock Price, News & Analysis

$261.95
+1.25 (+0.48%)
(As of 05/10/2024 ET)
Today's Range
$260.21
$263.00
50-Day Range
$248.02
$272.07
52-Week Range
$223.01
$274.87
Volume
503,179 shs
Average Volume
1.05 million shs
Market Capitalization
$47.93 billion
P/E Ratio
27.93
Dividend Yield
1.54%
Price Target
$298.55

Constellation Brands MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
14.0% Upside
$298.55 Price Target
Short Interest
Healthy
1.85% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.79
Upright™ Environmental Score
News Sentiment
0.97mentions of Constellation Brands in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$6.04 M Sold Last Quarter
Proj. Earnings Growth
10.58%
From $13.51 to $14.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.47 out of 5 stars

Consumer Staples Sector

15th out of 138 stocks

Beverages Industry

1st out of 12 stocks

STZ stock logo

About Constellation Brands Stock (NYSE:STZ)

Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands. It also offers wine under the Cook's California Champagne, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, Robert Mondavi Winery, Schrader, and The Prisoner Wine Company brands; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. The company provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.

STZ Stock Price History

STZ Stock News Headlines

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See More Headlines
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Company Calendar

Ex-Dividend for 2/22 Dividend
2/07/2024
Dividend Payable
2/22/2024
Last Earnings
4/11/2024
Ex-Dividend for 5/17 Dividend
5/02/2024
Today
5/12/2024
Dividend Payable
5/17/2024
Next Earnings (Estimated)
7/05/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
Distillers & Vintners
CUSIP
21036P10
Employees
10,600
Year Founded
1945

Price Target and Rating

Average Stock Price Target
$298.55
High Stock Price Target
$320.00
Low Stock Price Target
$260.00
Potential Upside/Downside
+14.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
20 Analysts

Profitability

Net Income
$1.73 billion
Pretax Margin
22.30%

Debt

Sales & Book Value

Annual Sales
$10.71 billion
Cash Flow
$14.61 per share
Book Value
$55.02 per share

Miscellaneous

Free Float
153,352,000
Market Cap
$47.93 billion
Optionable
Optionable
Beta
0.95

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STZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Constellation Brands stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last twelve months. There are currently 2 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" STZ shares.
View STZ analyst ratings
or view top-rated stocks.

What is Constellation Brands' stock price target for 2024?

20 brokers have issued 12-month target prices for Constellation Brands' shares. Their STZ share price targets range from $260.00 to $320.00. On average, they expect the company's share price to reach $298.55 in the next year. This suggests a possible upside of 14.0% from the stock's current price.
View analysts price targets for STZ
or view top-rated stocks among Wall Street analysts.

How have STZ shares performed in 2024?

Constellation Brands' stock was trading at $241.75 at the beginning of the year. Since then, STZ stock has increased by 8.4% and is now trading at $261.95.
View the best growth stocks for 2024 here
.

Are investors shorting Constellation Brands?

Constellation Brands saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,590,000 shares, an increase of 32.1% from the March 15th total of 1,960,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.5% of the shares of the company are sold short.
View Constellation Brands' Short Interest
.

When is Constellation Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 5th 2024.
View our STZ earnings forecast
.

How were Constellation Brands' earnings last quarter?

Constellation Brands, Inc. (NYSE:STZ) released its quarterly earnings results on Thursday, April, 11th. The company reported $2.26 earnings per share for the quarter, topping analysts' consensus estimates of $2.10 by $0.16. The firm earned $2.14 billion during the quarter, compared to the consensus estimate of $2.09 billion. Constellation Brands had a trailing twelve-month return on equity of 23.06% and a net margin of 16.13%. Constellation Brands's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.98 earnings per share.
Read the conference call transcript
.

How often does Constellation Brands pay dividends? What is the dividend yield for Constellation Brands?

Constellation Brands declared a quarterly dividend on Thursday, April 11th. Investors of record on Friday, May 3rd will be paid a dividend of $1.01 per share on Friday, May 17th. This represents a $4.04 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a positive change from the stock's previous quarterly dividend of $0.89.
Read our dividend analysis for STZ
.

Is Constellation Brands a good dividend stock?

Constellation Brands (NYSE:STZ) pays an annual dividend of $4.04 per share and currently has a dividend yield of 1.55%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STZ will have a dividend payout ratio of 27.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STZ.

What guidance has Constellation Brands issued on next quarter's earnings?

Constellation Brands updated its FY 2025 earnings guidance on Thursday, April, 11th. The company provided earnings per share (EPS) guidance of 13.500-13.800 for the period, compared to the consensus EPS estimate of 13.440. The company issued revenue guidance of $10.6 billion-$10.7 billion, compared to the consensus revenue estimate of $10.6 billion.

What is Bill Newlands' approval rating as Constellation Brands' CEO?

21 employees have rated Constellation Brands Chief Executive Officer Bill Newlands on Glassdoor.com. Bill Newlands has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Constellation Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Constellation Brands investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Micron Technology (MU), Home Depot (HD), Johnson & Johnson (JNJ), Cisco Systems (CSCO).

Who are Constellation Brands' major shareholders?

Constellation Brands' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.49%), Bank of New York Mellon Corp (0.56%), Swiss National Bank (0.27%), Westfield Capital Management Co. LP (0.23%), Raymond James & Associates (0.21%) and Sumitomo Mitsui Trust Holdings Inc. (0.21%). Insiders that own company stock include 2015 Business Holdings Lp Rht, Business Holdings Lp Ajb, Daniel J Mccarthy, Ernesto M Hernandez, Family Foundation Sands, Garth Hankinson, James A Jr Sabia, James O Bourdeau, Jeremy S G Fowden, Kaneenat Kristann Carey, Michael Mcgrew, Michael Mcgrew, Richard Sands, Robert Lee Hanson, Robert Sands, Thomas Michael Kane, Wildstar Partners Llc and William A Newlands.
View institutional ownership trends
.

How do I buy shares of Constellation Brands?

Shares of STZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:STZ) was last updated on 5/12/2024 by MarketBeat.com Staff

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