Diageo Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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.
View MarketBeat's top stock picks here.

Diageo saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 419,400 shares, a decline of 34.2% from the August 15th total of 637,300 shares. Based on an average daily trading volume, of 348,100 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the company's shares are short sold.
View Diageo's Short Interest.

Diageo's stock was trading at $131.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DEO stock has increased by 44.0% and is now trading at $189.11.
View which stocks have been most impacted by COVID-19.

Diageo declared a semi-annual dividend on Thursday, August 5th. Stockholders of record on Friday, August 27th will be paid a dividend of $2.4803 per share on Wednesday, October 13th. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, August 26th. This is a boost from Diageo's previous semi-annual dividend of $1.53.
View Diageo's dividend history.

Diageo pays an annual dividend of $4.94 per share and currently has a dividend yield of 2.64%. Diageo does not yet have a strong track record of dividend growth. The dividend payout ratio of Diageo is 75.54%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Diageo will have a dividend payout ratio of 61.14% next year. This indicates that Diageo will be able to sustain or increase its dividend.
View Diageo's dividend history.

12 equities research analysts have issued 12-month price objectives for Diageo's stock. Their forecasts range from $164.00 to $225.00. On average, they expect Diageo's share price to reach $193.50 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price.
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), Keurig Dr Pepper (KDP), Ambev (ABEV), Constellation Brands (STZ.B), Constellation Brands (STZ), Coca-Cola Amatil (CCLAY), The Duckhorn Portfolio (NAPA), Vintage Wine Estates (VWE), Crimson Wine Group (CWGL), Better Choice (BTTR), Splash Beverage Group (SBEV) and Jones Soda (JSDA).
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 variety of institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (0.89%), Bank of America Corp DE (0.81%), Wells Fargo & Company MN (0.53%), FMR LLC (0.38%), Morgan Stanley (0.35%) and Morgan Stanley (0.35%).

DEO stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Nuance Investments LLC, Charles Schwab Investment Management Inc., Brown Brothers Harriman & Co., Public Employees Retirement Association of Colorado, Capital International Investors, Bank of America Corp DE, and Bank of America Corp DE.

DEO stock was acquired by a variety of institutional investors in the last quarter, including AKO Capital LLP, Bank of Montreal Can, Liberty Wealth Management LLC, Citadel Advisors LLC, FMR LLC, Envestnet Asset Management Inc., Wolverine Trading LLC, and Clearbridge Investments 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.
Compare Top Brokerages Here.

One share of DEO stock can currently be purchased for approximately $189.11.

Diageo has a market capitalization of $120.97 billion and generates $17.80 billion in revenue each year. The company earns $3.58 billion in net income (profit) each year or $6.54 on an earnings per share basis.

Diageo employs 28,025 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].