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Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
LON:DGE

Diageo (DGE) Share Price, News & Analysis

GBX 2,934
+4.00 (+0.14%)
(As of 06:14 AM ET)
Today's Range
2,912.50
2,936
50-Day Range
2,685.50
3,027
52-Week Range
2,676
3,779.50
Volume
269,792 shs
Average Volume
3.32 million shs
Market Capitalization
£65.43 billion
P/E Ratio
1,811.11
Dividend Yield
2.76%
Price Target
GBX 3,308.33

Diageo MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
12.8% Upside
GBX 3,308.33 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.84
Upright™ Environmental Score
News Sentiment
0.30mentions of Diageo in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
£45,367 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.

0.53 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
JPMorgan Chase & Co. Reiterates Neutral Rating for Diageo (LON:DGE)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Heineken dilutes beer’s merrier future
Jefferies Keeps Their Hold Rating on Diageo (DGEAF)
Diageo (DGE) Shares Fall on Weak H1 Performance
See More Headlines
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Company Calendar

Last Earnings
1/31/2019
Ex-Dividend for 4/17 Dividend
2/29/2024
Today
3/04/2024
Dividend Payable
4/17/2024

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 3,308.33
High Stock Price Target
GBX 3,950
Low Stock Price Target
GBX 2,500
Potential Upside/Downside
+12.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
£4.26 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£21.64 billion
Cash Flow
GBX 81.48 per share
Book Value
GBX 437 per share

Miscellaneous

Outstanding Shares
2,230,000,000
Free Float
N/A
Market Cap
£65.34 billion
Optionable
Not Optionable
Beta
0.32
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Key Executives

  • Ms. Debra A. Crew (Age 53)
    CEO & Executive Director
    Comp: $198k
  • Ms. Lavanya Chandrashekar (Age 52)
    CFO & Director
    Comp: $1.6M
  • 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

Should I Buy Diageo Stock? DGE Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Diageo was last updated on Saturday, March 2, 2024 at 4:16 PM.

Pros

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

  • Diageo plc has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's diverse product portfolio, including popular brands like Johnnie Walker and Guinness, provides stability and potential for growth in various market conditions.
  • Diageo plc has a solid track record of paying dividends to its shareholders, offering a reliable income stream for investors.
  • Recent market trends show an increasing demand for premium spirits, a segment where Diageo plc has a strong presence, potentially leading to higher profitability.
  • The current stock price of Diageo plc is trading at an attractive valuation compared to its industry peers, presenting a potential value opportunity for investors.

Cons

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

  • Diageo plc faces risks related to changing consumer preferences and regulatory challenges in the alcoholic beverage industry, which could impact its sales and profitability.
  • The company's exposure to currency fluctuations due to its global operations may pose a risk to its financial performance and earnings stability.
  • Increased competition in the spirits and beverage market could pressure Diageo plc's market share and margins, affecting its overall growth prospects.
  • Uncertainties surrounding global economic conditions and trade policies may impact Diageo plc's international sales and expansion strategies.
  • Investors should consider the potential impact of any future changes in tax regulations or government policies on Diageo plc's financial position and operations.














DGE Stock Analysis - Frequently Asked Questions

Should I buy or sell Diageo stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DGE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DGE, but not buy additional shares or sell existing shares.
View DGE analyst ratings
or view top-rated stocks.

What is Diageo's stock price target for 2024?

5 Wall Street research analysts have issued 12-month target prices for Diageo's shares. Their DGE share price targets range from GBX 2,500 to GBX 3,950. On average, they predict the company's share price to reach GBX 3,308.33 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for DGE
or view top-rated stocks among Wall Street analysts.

How have DGE shares performed in 2024?

Diageo's stock was trading at GBX 2,856 on January 1st, 2024. Since then, DGE stock has increased by 2.7% and is now trading at GBX 2,934.
View the best growth stocks for 2024 here
.

How were Diageo's earnings last quarter?

Diageo plc (LON:DGE) released its earnings results on Thursday, January, 31st. The company reported $77.00 EPS for the quarter, topping the consensus estimate of $70.80 by $6.20. Diageo had a trailing twelve-month return on equity of 36.41% and a net margin of 19.67%.

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

Diageo declared a dividend on Tuesday, January 30th. Stockholders of record on Thursday, February 29th will be paid a dividend of GBX 0.41 per share on Wednesday, April 17th. This represents a yield of 1.12%. The ex-dividend date is Thursday, February 29th. The official announcement can be viewed at this link.
Read our dividend analysis for DGE
.

Is Diageo a good dividend stock?

Diageo (LON:DGE) pays an annual dividend of GBX 81 per share and currently has a dividend yield of 2.74%. The dividend payout ratio is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DGE.

What other stocks do shareholders of Diageo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Diageo investors own include Diageo (DEO), HSBC (HSBA), Associated British Foods (ABF), Intelsat (I), GSK (GSK), Barclays (BARC), Unilever (ULVR), Fossil Group (FOSL), Grafton Group (GFTU) and Bank of America (BAC).

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.

This page (LON:DGE) was last updated on 3/5/2024 by MarketBeat.com Staff