Diageo - DEO Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DEO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DEO, but not buy additional shares or sell existing shares.
View DEO analyst ratings or view top-rated stocks.

Diageo's stock was trading at $220.14 on January 1st, 2022. Since then, DEO shares have decreased by 13.1% and is now trading at $191.39.
View the best growth stocks for 2022 here.

Diageo saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 947,900 shares, a decline of 7.1% from the October 15th total of 1,020,000 shares. Based on an average daily volume of 335,300 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.2% of the company's shares are short sold.
View Diageo's Short Interest.

Diageo declared a semi-annual dividend on Thursday, August 4th. Stockholders of record on Friday, August 26th will be paid a dividend of $2.2775 per share on Tuesday, October 25th. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Thursday, August 25th. This is a boost from the stock's previous semi-annual dividend of $1.57.
Read our dividend analysis for DEO.

Diageo (NYSE:DEO) pays an annual dividend of $4.18 per share and currently has a dividend yield of 2.18%. The dividend payout ratio is 51.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DEO will have a dividend payout ratio of 46.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DEO.

724 employees have rated Diageo Chief Executive Officer Ivan Menezes on Glassdoor.com. Ivan Menezes has an approval rating of 94% among the company's employees. This puts Ivan Menezes in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diageo investors own include AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Walt Disney (DIS), Verizon Communications (VZ), Wells Fargo & Company (WFC), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO) and Chevron (CVX).

Diageo trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEO."

Diageo's stock is owned by a number of institutional and retail investors. Top institutional investors include London Co. of Virginia (0.30%), Royal Bank of Canada (0.20%), Confluence Investment Management LLC (0.15%), Massachusetts Financial Services Co. MA (0.15%), Dimensional Fund Advisors LP (0.14%) and Jarislowsky Fraser Ltd (0.13%).

Shares of DEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DEO stock can currently be purchased for approximately $191.39.

Diageo (NYSE:DEO) has a market capitalization of $108.99 billion and generates $19.43 billion in revenue each year. The company earns $4.32 billion in net income (profit) each year or $8.19 on an earnings per share basis.

The company employs 28,137 workers across the globe.

Diageo's mailing address is LAKESIDE DRIVE PARK ROYAL, LONDON X0, NW10 7HQ. The official website for the company is www.diageo.com. The company can be reached via phone at 442089786000, via email at investor.relations@diageo.com, or via fax at 44-20-8978-8501.