Diageo Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last year. There are currently 2 sell ratings, 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Diageo stock. 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.
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Wall Street analysts have given Diageo a "Hold" 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's stock was trading at $131.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DEO stock has increased by 44.5% and is now trading at $189.75.
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Diageo declared a semi-annual dividend on Tuesday, February 2nd. Stockholders of record on Friday, February 26th will be paid a dividend of $1.5348 per share on Tuesday, April 13th. This represents a yield of 2.1%. The ex-dividend date of this dividend 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 1.61%. 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 45.80% next year. This indicates that Diageo will be able to sustain or increase its dividend.
View Diageo's dividend history.

17 analysts have issued 12-month price targets for Diageo's stock. Their forecasts range from $123.00 to $164.00. On average, they expect Diageo's share price to reach $143.50 in the next twelve months. This suggests that the stock has a possible downside of 24.4%.
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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), Crimson Wine Group (CWGL), Willamette Valley Vineyards (WVVI), Jones Soda (JSDA), Long Blockchain (LBCC), Eastside Distilling (EAST) and Home Bistro (GRTDD).
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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 UBS Group AG (0.41%), London Co. of Virginia (0.27%), Markel Corp (0.23%), Clearbridge Investments LLC (0.23%), Royal Bank of Canada (0.21%) and The Manufacturers Life Insurance Company (0.18%).

DEO stock was sold by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Schafer Cullen Capital Management Inc, DAVENPORT & Co LLC, UBS Group AG, Weitz Investment Management Inc., 683 Capital Management LLC, Gardner Russo & Quinn LLC, and Parcion Private Wealth LLC.

DEO stock was acquired by a variety of institutional investors in the last quarter, including AKO Capital LLP, Cullen Capital Management LLC, BlackRock Inc., Goldman Sachs Group Inc., Clearbridge Investments LLC, Capital International Investors, HS Management Partners LLC, and Roffman Miller Associates Inc. PA.

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 $189.75.

Diageo has a market capitalization of $111.00 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 27,788 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 44-20-8978-6000 or via email at [email protected]