Free Trial
LON:DGE

Diageo (DGE) Share Price, News & Analysis

GBX 2,470
-36.00 (-1.44%)
(As of 12:40 PM ET)
Today's Range
2,463.50
2,545
50-Day Range
2,359
2,565.50
52-Week Range
2,165.60
3,268.50
Volume
3.35 million shs
Average Volume
8.92 million shs
Market Capitalization
£54.83 billion
P/E Ratio
1,885.50
Dividend Yield
3.24%
Price Target
GBX 3,008

Diageo MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
21.8% Upside
GBX 3,008 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.84
Upright™ Environmental Score
News Sentiment
0.56mentions of Diageo in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
£858,066 Bought Last Quarter
Proj. Earnings Growth
N/A

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.

0.82 out of 5 stars

DGE stock logo

About Diageo Stock (LON:DGE)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Cîroc, Buchanan's, Casamigos, J&B, and Ketel One brands. The company operates in the United States, the United Kingdom, Turkey, Australia, Korea, India, Greater China, Brazil, Mexico, South Africa, Nigeria, and internationally. Diageo plc was incorporated in 1886 and is headquartered in London, the United Kingdom.

DGE Stock Price History

DGE Stock News Headlines

Diageo plc (LON:DGE) Insider Javier Ferrán Buys 339 Shares
Trump Warns Gov. Can Confiscate Your Money. CBDC's give Gov. absolute
Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
Javier Ferrán Acquires 339 Shares of Diageo plc (LON:DGE) Stock
‘Britain’s Warren Buffett’ just sold this FTSE 100 stock
Trump Warns Gov. Can Confiscate Your Money. CBDC's give Gov. absolute
Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
Diageo falls Tuesday, still outperforms market
Down 25%! Is it time to give up on this failing FTSE 100 share?
See More Headlines
Receive DGE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Diageo and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/31/2019
Ex-Dividend for 10/17 Dividend
8/29/2024
Today
9/13/2024
Dividend Payable
10/17/2024

Industry, Sector and Symbol

Industry
Beverages - Wineries & Distilleries
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
30,269
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 3,008
High Stock Price Target
GBX 3,640
Low Stock Price Target
GBX 2,400
Potential Upside/Downside
+21.8%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
£3.87 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£20.27 billion
Cash Flow
GBX 68.69 per share
Book Value
GBX 452 per share

Miscellaneous

Outstanding Shares
2,220,000,000
Free Float
N/A
Market Cap
£54.83 billion
Optionable
Not Optionable
Beta
0.36
Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report

Key Executives

  • Ms. Debra Ann Crew (Age 54)
    CEO & Executive Director
    Comp: $198k
  • Ms. Yvonne Harrison
    Corporate Information Officer
  • Mr. Thomas Bailey Shropshire Jr.
    General Counsel & Company Secretary
  • Ms. Cristina Diezhandino (Age 57)
    Chief Marketing Officer
  • Louise Prashad
    Chief HR Officer
  • Mr. John O'Keeffe (Age 52)
    President of Asia Pacific, Global Travel & India
  • Mr. John Thomas Kennedy (Age 59)
    President of Europe
  • Mr. Edward Pilkington
    Chief Marketing & Innovation Officer of Diageo North America
  • Mr. Dayalan Nayager (Age 43)
    President of Africa & Chief Commercial Officer
  • Mr. Ewan Andrew
    President of Global Supply Chain & Procurement and Chief Sustainability Officer

Should I Buy Diageo Stock? DGE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Diageo plc:

  • Diageo plc has consistently increased its dividend payouts, with the latest dividend being $0.63 per share, representing a yield of 1.92%. This indicates a strong commitment to rewarding shareholders.
  • Recent insider buying activity by key executives like Lavanya Chandrashekar and Javier Ferrán could signal confidence in the company's future performance, which may be viewed positively by investors.
  • Analysts have set a target price of GBX 3,008 ($39.55) for Diageo plc, suggesting potential for stock price appreciation based on market expectations.
  • Despite market fluctuations, Diageo plc has maintained a stable financial position with a low debt-to-equity ratio, ensuring financial stability and resilience in uncertain economic conditions.
  • Diageo plc's stock performance has shown resilience, with a 52-week high of GBX 3,268.50 ($42.98), indicating potential for capital gains for investors.

Cons

Investors should be bearish about investing in Diageo plc for these reasons:

  • Diageo plc's payout ratio is currently high at 6,230.77%, which may raise concerns about the sustainability of the dividend payments in the long term, potentially impacting investor returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these Diageo pros and cons to contact@marketbeat.com.

DGE Stock Analysis - Frequently Asked Questions

How have DGE shares performed this year?

Diageo's stock was trading at GBX 2,856 at the beginning of 2024. Since then, DGE stock has decreased by 13.5% and is now trading at GBX 2,470.
View the best growth stocks for 2024 here
.

How were Diageo's earnings last quarter?

Diageo plc (LON:DGE) released its quarterly earnings results on Thursday, January, 31st. The company reported $77.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $70.80 by $6.20. Diageo had a trailing twelve-month return on equity of 35.04% and a net margin of 19.09%.

How do I buy shares of Diageo?

Shares of DGE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Diageo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Diageo investors own include Diageo (DEO), HSBC (HSBA), Associated British Foods (ABF), Intelsat (I), GSK (GSK), Barclays (BARC) and Unilever (ULVR).

This page (LON:DGE) was last updated on 9/13/2024 by MarketBeat.com Staff

From Our Partners