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

Key Points

• Constellation Brands has updated its FY 2026 earnings guidance, projecting earnings per share between $11.300 and $11.600, slightly lower than the consensus estimate of $11.470.
• The company announced a quarterly dividend of $1.02 per share along with an annualized yield of 2.9%, set to be paid on November 13th.
• Research analysts have adjusted their price targets for Constellation Brands, with Goldman Sachs lowering its price objective from $196.00 to $168.00 while maintaining a "buy" rating.

Constellation Brands (NYSE:STZ - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 11.300-11.600 for the period, compared to the consensus earnings per share estimate of 11.470. The company issued revenue guidance of -.

Constellation Brands Price Performance

Shares of STZ opened at $141.52 on Wednesday. The company has a market cap of $24.77 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 0.42 and a beta of 0.66. Constellation Brands has a 1-year low of $131.20 and a 1-year high of $245.31. The company's fifty day simple moving average is $146.60 and its 200 day simple moving average is $166.06. The company has a current ratio of 1.08, a quick ratio of 0.54 and a debt-to-equity ratio of 1.26.

Constellation Brands (NYSE:STZ - Get Free Report) last issued its earnings results on Thursday, February 23rd. The company reported $3.12 earnings per share for the quarter. The business had revenue of $2.32 billion for the quarter. Constellation Brands had a net margin of 11.88% and a return on equity of 29.82%. On average, research analysts forecast that Constellation Brands will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Shareholders of record on Thursday, October 30th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, October 30th. Constellation Brands's payout ratio is 59.56%.

Wall Street Analysts Forecast Growth

STZ has been the subject of a number of research analyst reports. The Goldman Sachs Group reduced their price objective on shares of Constellation Brands from $196.00 to $168.00 and set a "buy" rating for the company in a research report on Thursday, October 2nd. Sanford C. Bernstein reduced their target price on shares of Constellation Brands from $225.00 to $195.00 and set an "outperform" rating for the company in a research report on Thursday, September 4th. BNP Paribas Exane cut shares of Constellation Brands from a "neutral" rating to an "underperform" rating and set a $123.00 target price for the company. in a research report on Wednesday, September 3rd. Morgan Stanley reduced their target price on shares of Constellation Brands from $176.00 to $160.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 7th. Finally, Raymond James Financial raised shares of Constellation Brands to a "strong-buy" rating in a research report on Monday, July 7th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $186.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Smartleaf Asset Management LLC raised its stake in Constellation Brands by 15.2% during the second quarter. Smartleaf Asset Management LLC now owns 972 shares of the company's stock worth $157,000 after acquiring an additional 128 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Constellation Brands by 22.0% during the second quarter. Geneos Wealth Management Inc. now owns 992 shares of the company's stock worth $161,000 after acquiring an additional 179 shares in the last quarter. Brighton Jones LLC raised its stake in Constellation Brands by 23.0% during the fourth quarter. Brighton Jones LLC now owns 1,001 shares of the company's stock worth $221,000 after acquiring an additional 187 shares in the last quarter. Visionary Wealth Advisors raised its stake in Constellation Brands by 21.8% during the second quarter. Visionary Wealth Advisors now owns 1,643 shares of the company's stock worth $267,000 after acquiring an additional 294 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its stake in Constellation Brands by 7.8% during the second quarter. Benjamin Edwards Inc. now owns 5,030 shares of the company's stock worth $818,000 after acquiring an additional 363 shares in the last quarter. Institutional investors and hedge funds own 77.34% of the company's stock.

Constellation Brands Company Profile

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.

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