Roth Capital Has Negative Outlook for STZ FY2026 Earnings

Constellation Brands Inc (NYSE:STZ - Free Report) - Investment analysts at Roth Capital lowered their FY2026 earnings estimates for shares of Constellation Brands in a research note issued on Wednesday, July 9th. Roth Capital analyst W. Kirk now forecasts that the company will earn $12.77 per share for the year, down from their previous estimate of $12.92. Roth Capital currently has a "Buy" rating and a $239.00 target price on the stock. The consensus estimate for Constellation Brands' current full-year earnings is $13.50 per share. Roth Capital also issued estimates for Constellation Brands' Q4 2026 earnings at $2.27 EPS.

Several other research firms have also issued reports on STZ. Wells Fargo & Company lowered their target price on shares of Constellation Brands from $210.00 to $196.00 and set an "overweight" rating on the stock in a research note on Wednesday, June 25th. Roth Mkm lowered their price target on Constellation Brands from $284.00 to $256.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Deutsche Bank Aktiengesellschaft cut their price objective on Constellation Brands from $191.00 to $185.00 and set a "hold" rating for the company in a research report on Thursday, June 5th. Bank of America increased their target price on Constellation Brands from $180.00 to $182.00 and gave the company a "neutral" rating in a research report on Thursday, July 3rd. Finally, BMO Capital Markets reduced their price objective on shares of Constellation Brands from $260.00 to $215.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Eleven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $213.74.

Constellation Brands Stock Performance

STZ traded down $7.73 during midday trading on Friday, hitting $164.47. 3,671,576 shares of the company were exchanged, compared to its average volume of 2,536,695. The company's 50 day simple moving average is $175.56 and its 200 day simple moving average is $181.10. Constellation Brands has a 1-year low of $159.35 and a 1-year high of $261.06. The firm has a market capitalization of $29.28 billion, a price-to-earnings ratio of -68.81, a price-to-earnings-growth ratio of 10.42 and a beta of 1.75. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 1.30.

Constellation Brands (NYSE:STZ - Get Free Report) last issued its quarterly earnings results on Tuesday, July 1st. The company reported $3.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.45 by ($0.23). Constellation Brands had a negative net margin of 4.11% and a positive return on equity of 31.41%. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same quarter in the previous year, the company posted $3.57 EPS. The company's revenue for the quarter was down 5.5% compared to the same quarter last year.

Constellation Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 14th. Investors of record on Wednesday, July 30th will be paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.48%. The ex-dividend date is Wednesday, July 30th. Constellation Brands's payout ratio is -170.71%.

Insider Transactions at Constellation Brands

In related news, EVP Samuel J. Glaetzer sold 3,150 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $188.54, for a total transaction of $593,901.00. Following the sale, the executive vice president directly owned 3,126 shares in the company, valued at approximately $589,376.04. This represents a 50.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 12.45% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Constellation Brands

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Berkshire Hathaway Inc acquired a new position in shares of Constellation Brands during the 4th quarter worth about $1,242,976,000. Vanguard Group Inc. boosted its holdings in Constellation Brands by 18.6% in the first quarter. Vanguard Group Inc. now owns 18,417,604 shares of the company's stock valued at $3,379,999,000 after purchasing an additional 2,882,817 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Constellation Brands by 127.9% in the first quarter. Wellington Management Group LLP now owns 4,480,788 shares of the company's stock valued at $822,314,000 after purchasing an additional 2,514,517 shares in the last quarter. Norges Bank purchased a new position in Constellation Brands in the fourth quarter valued at approximately $445,883,000. Finally, D1 Capital Partners L.P. raised its holdings in Constellation Brands by 186.6% during the fourth quarter. D1 Capital Partners L.P. now owns 1,527,689 shares of the company's stock worth $337,619,000 after purchasing an additional 994,639 shares in the last quarter. 77.34% of the stock is currently owned by institutional investors and hedge funds.

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.