Constellation Brands (NYSE:STZ) Releases FY 2026 Earnings Guidance

Key Points

• Constellation Brands updated its FY 2026 earnings guidance with EPS expectations between 11.300-11.600, notably lower than the consensus estimate of 12.630.
• The company's recent quarterly earnings report showed an EPS of $3.22, missing analysts' estimates, and a revenue decrease of 5.5% year-over-year.
• A number of analysts have revised their price targets, with Wells Fargo lowering theirs from $210.00 to $196.00, while Truist Financial raised their target from $190.00 to $215.00.

Constellation Brands (NYSE:STZ - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 11.300-11.600 for the period, compared to the consensus estimate of 12.630. The company issued revenue guidance of -.

Analyst Ratings Changes

Several brokerages have weighed in on STZ. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Constellation Brands from $182.00 to $158.00 and set a "hold" rating on the stock in a report on Wednesday. BNP Paribas downgraded shares of Constellation Brands from a "hold" rating to a "strong sell" rating in a report on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of Constellation Brands from $170.00 to $182.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. Piper Sandler boosted their target price on shares of Constellation Brands from $165.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, June 6th. Finally, The Goldman Sachs Group lowered their target price on shares of Constellation Brands from $225.00 to $196.00 and set a "buy" rating on the stock in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $194.36.

Constellation Brands Trading Down 0.4%

STZ stock traded down $0.59 during mid-day trading on Thursday, reaching $145.90. 2,757,260 shares of the stock traded hands, compared to its average volume of 2,152,833. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.68 and a current ratio of 1.07. Constellation Brands has a one year low of $144.81 and a one year high of $261.06. The stock has a market capitalization of $25.72 billion, a PE ratio of -61.05, a PEG ratio of 0.44 and a beta of 0.67. The business has a 50-day moving average price of $167.43 and a two-hundred day moving average price of $175.39.

Constellation Brands (NYSE:STZ - Get Free Report) last posted its quarterly earnings results on Tuesday, July 1st. The company reported $3.22 EPS for the quarter, missing analysts' consensus estimates of $3.45 by ($0.23). The company had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.57 billion. Constellation Brands had a positive return on equity of 31.41% and a negative net margin of 4.11%.The company's revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.57 earnings per share. Constellation Brands has set its FY 2026 guidance at 12.600-12.900 EPS. Equities research analysts expect that Constellation Brands will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Wednesday, July 30th were issued a $1.02 dividend. The ex-dividend date was Wednesday, July 30th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.8%. Constellation Brands's dividend payout ratio is presently -170.71%.

Insider Activity at Constellation Brands

In related news, EVP James O. Bourdeau sold 821 shares of the company's stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $169.00, for a total value of $138,749.00. Following the completion of the sale, the executive vice president directly owned 9,438 shares of the company's stock, valued at $1,595,022. This represents a 8.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 12.45% of the company's stock.

Institutional Trading of Constellation Brands

A number of hedge funds have recently added to or reduced their stakes in STZ. Ameriprise Financial Inc. lifted its position in shares of Constellation Brands by 650.6% during the second quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company's stock valued at $287,889,000 after buying an additional 1,533,961 shares during the last quarter. Worldquant Millennium Advisors LLC lifted its position in shares of Constellation Brands by 1,249.7% during the second quarter. Worldquant Millennium Advisors LLC now owns 476,702 shares of the company's stock valued at $77,550,000 after buying an additional 441,382 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in shares of Constellation Brands during the second quarter valued at about $21,065,000. EP Wealth Advisors LLC lifted its position in shares of Constellation Brands by 1,966.8% during the second quarter. EP Wealth Advisors LLC now owns 122,187 shares of the company's stock valued at $19,877,000 after buying an additional 116,275 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its position in shares of Constellation Brands by 594.6% during the second quarter. Quantinno Capital Management LP now owns 92,316 shares of the company's stock valued at $15,018,000 after buying an additional 79,026 shares during the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.

About Constellation Brands

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.