Diageo Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Diageo stock.
View analyst ratings for Diageo or view top-rated stocks.

Wall Street analysts have given Diageo a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Diageo wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Diageo saw a drop in short interest during the month of July. As of July 15th, there was short interest totaling 377,100 shares, a drop of 40.4% from the June 30th total of 632,500 shares. Based on an average daily trading volume, of 366,600 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the company's stock are short sold.
View Diageo's Short Interest.

Diageo is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Diageo.

Diageo's stock was trading at $131.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DEO shares have increased by 50.4% and is now trading at $197.59.
View which stocks have been most impacted by COVID-19.

Diageo declared a semi-annual dividend on Tuesday, February 2nd. Investors of record on Friday, February 26th will be given a dividend of $1.5348 per share on Tuesday, April 13th. This represents a yield of 2.1%. The ex-dividend date is Thursday, February 25th. This is an increase from Diageo's previous semi-annual dividend of $1.36.
View Diageo's dividend history.

Diageo pays an annual dividend of $3.05 per share and currently has a dividend yield of 1.56%. The dividend payout ratio of Diageo is 55.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Diageo will have a dividend payout ratio of 43.57% next year. This indicates that Diageo will be able to sustain or increase its dividend.
View Diageo's dividend history.

13 brokerages have issued twelve-month price objectives for Diageo's shares. Their forecasts range from $164.00 to $225.00. On average, they anticipate Diageo's share price to reach $193.50 in the next year. This suggests that the stock has a possible downside of 2.1%.
View analysts' price targets for Diageo or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Diageo include LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY), The Coca-Cola (KO), PepsiCo (PEP), Pernod Ricard (PDRDY), Ambev (ABEV), Keurig Dr Pepper (KDP), Constellation Brands (STZ.B), Constellation Brands (STZ), Coca-Cola Amatil (CCLAY), The Duckhorn Portfolio (NAPA), Vintage Wine Estates (VWE), Pacific Ventures Group (PACV), Crimson Wine Group (CWGL), Better Choice (BTTR) and Splash Beverage Group (SBEV).
View all of DEO's competitors.

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), The 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 shareholders include Confluence Investment Management LLC (0.15%), DAVENPORT & Co LLC (0.08%), Grandfield & Dodd LLC (0.03%), Scout Investments Inc. (0.01%), Saybrook Capital NC (0.01%) and JLB & Associates Inc. (0.01%).

DEO stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Avalon Investment & Advisory, Old Port Advisors, Salvus Wealth Management LLC, Saybrook Capital NC, Whittier Trust Co. of Nevada Inc., Confluence Investment Management LLC, and TIAA FSB.

DEO stock was bought by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, Atwater Malick LLC, Grandfield & Dodd LLC, JLB & Associates Inc., Gofen & Glossberg LLC IL, Eagle Global Advisors LLC, First PREMIER Bank, and Red Door Wealth Management LLC.

Shares of DEO 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 $197.59.

Diageo has a market capitalization of $115.54 billion and generates $14.82 billion in revenue each year. The company earns $1.78 billion in net income (profit) each year or $5.50 on an earnings per share basis.

Diageo employs 28,490 workers across the globe.

The following companies are subsidiares of Diageo: Aviation Gin, Belsazar, Brandhouse Beverages, Casamigos tequila, Chalone Wine Group, Diageo Brands B.V., Diageo Capital plc, Diageo Finance plc, Diageo Great Britain Limited, Diageo Investment Corporation, Diageo Ireland, Diageo North America Inc., Diageo Scotland Limited, Ketel One Worldwide, Meta Abo Brewery Share Company, Mey, Mey İçki Sanayi ve Ticaret A.Ş, Seedlip, Sichuan Chengdu Shuijingfang Group Company, Stirrings LLC, Tequila Don Julio SA de CV, The Old Bushmills Distillery Co, United National Breweries, United Spirits Limited, United Spirits Limited, and Ypióca Agroindustrial.

Diageo was founded in 1997.

The official website for Diageo is www.diageo.com.

Diageo is headquartered at LAKESIDE DRIVE PARK ROYAL, LONDON X0, NW10 7HQ.

Diageo's mailing address is LAKESIDE DRIVE PARK ROYAL, LONDON X0, NW10 7HQ. The company can be reached via phone at 442089786000 or via email at [email protected]