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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom

Constellation Brands (STZ) Stock Price, News & Analysis

$257.31
-0.47 (-0.18%)
(As of 04/17/2024 ET)
Today's Range
$257.08
$259.23
50-Day Range
$242.55
$272.07
52-Week Range
$221.81
$274.87
Volume
1.53 million shs
Average Volume
1.28 million shs
Market Capitalization
$47.04 billion
P/E Ratio
27.43
Dividend Yield
1.38%
Price Target
$298.55

Constellation Brands MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
16.0% Upside
$298.55 Price Target
Short Interest
Healthy
1.54% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.79
Upright™ Environmental Score
News Sentiment
0.76mentions of Constellation Brands in the last 14 days
Based on 80 Articles This Week
Insider Trading
Selling Shares
$4.16 M Sold Last Quarter
Proj. Earnings Growth
10.89%
From $13.50 to $14.97 Per Share

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.

4.49 out of 5 stars

Consumer Staples Sector

24th out of 131 stocks

Beverages Industry

2nd out of 12 stocks

STZ stock logo

About Constellation Brands Stock (NYSE:STZ)

Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Victoria, Vicky Chamoy, and Pacifico brands. It also offers wine under the Cook's California Champagne, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, Robert Mondavi Winery, Schrader, and The Prisoner Wine Company brands; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. The company was founded in 1945 and is headquartered in Victor, New York.

STZ Stock Price History

STZ Stock News Headlines

MarketBeat Week in Review – 4/8 - 4/12 (STZ)
The latest inflation readings moved stocks lower as investors reconsidered what higher-for-longer interest rates mean for corporate earnings and stock valuation
Bullish Earnings Means More of the Same for Constellation Brands
Constellation Brands Inc. NYSE: STZ stock is up 2.4% in early trading after the adult beverages company reported a double beat in its fourth quarter 2023 earnings report. Revenue of $2.14 billion topped estimates for $2.10 billion.
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5 Best AI Stocks to Invest In Investors are getting very rich in AI stocks right now. Wall Street legend is giving away the name and ticker of the little-known AI stock Wall Street is currently buying hand-over-fist.
Bullish Earnings Means More of the Same for Constellation Brands
Constellation Brands is moving higher after a double beat driven by higher beer sales and positioning STZ stock to reach all-time highs
Constellation Brands (NYSE:STZ) Upgraded by Argus to "Buy"
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5 Best AI Stocks to Invest In Investors are getting very rich in AI stocks right now. Wall Street legend is giving away the name and ticker of the little-known AI stock Wall Street is currently buying hand-over-fist.
Company News for Apr 12, 2024
See More Headlines
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Company Calendar

Ex-Dividend for 2/22 Dividend
2/07/2024
Dividend Payable
2/22/2024
Last Earnings
4/11/2024
Today
4/18/2024
Ex-Dividend for 5/17 Dividend
5/02/2024
Dividend Payable
5/17/2024
Next Earnings (Estimated)
7/05/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
Distillers & Vintners
CUSIP
21036P10
Employees
10,700
Year Founded
1945

Price Target and Rating

Average Stock Price Target
$298.55
High Stock Price Target
$320.00
Low Stock Price Target
$260.00
Potential Upside/Downside
+16.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
20 Analysts

Profitability

Net Income
$1.73 billion
Pretax Margin
22.30%

Debt

Sales & Book Value

Annual Sales
$10.71 billion
Cash Flow
$14.48 per share
Book Value
$55.05 per share

Miscellaneous

Free Float
153,221,000
Market Cap
$47.04 billion
Optionable
Optionable
Beta
0.97

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Should I Buy Constellation Brands Stock? STZ Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Constellation Brands, Inc.:

  • Constellation Brands, Inc. has a diverse portfolio of popular beer, wine, and spirits brands, including Corona Extra, Modelo Especial, and Kim Crawford, which have strong consumer recognition and loyalty.
  • The company has a strong presence in multiple countries, such as the United States, Canada, Mexico, New Zealand, and Italy, providing geographic diversification and exposure to different markets.
  • Constellation Brands, Inc. has been focusing on innovation, introducing new products like Corona Hard Seltzer to cater to changing consumer preferences and trends in the alcoholic beverage industry.
  • Recent financial reports indicate positive revenue growth and profitability for Constellation Brands, Inc., reflecting a healthy financial performance and potential for future returns.
  • With a competitive dividend yield and a history of consistent dividend payments, investing in Constellation Brands, Inc. can provide investors with a steady income stream along with potential capital appreciation.

Cons

Investors should be bearish about investing in Constellation Brands, Inc. for these reasons:

  • The alcoholic beverage industry is subject to regulatory risks and changing consumer preferences, which could impact sales and profitability for companies like Constellation Brands, Inc.
  • Constellation Brands, Inc. faces competition from both traditional and emerging players in the alcoholic beverage market, which may affect market share and pricing power.
  • Fluctuations in raw material prices, such as barley for beer production or grapes for wine, can impact production costs and margins for Constellation Brands, Inc.
  • The stock price of Constellation Brands, Inc. may be influenced by macroeconomic factors, market volatility, and industry-specific events, leading to potential fluctuations in investment value.
  • Investing in individual stocks like Constellation Brands, Inc. carries inherent risks related to company-specific performance, market conditions, and unforeseen events that could impact investment returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Constellation Brands pros and cons to contact@marketbeat.com.

STZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Constellation Brands stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last twelve months. There are currently 2 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" STZ shares.
View STZ analyst ratings
or view top-rated stocks.

What is Constellation Brands' stock price target for 2024?

20 equities research analysts have issued 12 month price targets for Constellation Brands' shares. Their STZ share price targets range from $260.00 to $320.00. On average, they expect the company's stock price to reach $298.55 in the next year. This suggests a possible upside of 16.0% from the stock's current price.
View analysts price targets for STZ
or view top-rated stocks among Wall Street analysts.

How have STZ shares performed in 2024?

Constellation Brands' stock was trading at $241.75 at the beginning of the year. Since then, STZ stock has increased by 6.4% and is now trading at $257.31.
View the best growth stocks for 2024 here
.

Are investors shorting Constellation Brands?

Constellation Brands saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,590,000 shares, an increase of 32.1% from the March 15th total of 1,960,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the short-interest ratio is currently 2.2 days. Approximately 1.5% of the company's shares are sold short.
View Constellation Brands' Short Interest
.

When is Constellation Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 5th 2024.
View our STZ earnings forecast
.

How were Constellation Brands' earnings last quarter?

Constellation Brands, Inc. (NYSE:STZ) announced its quarterly earnings data on Thursday, April, 11th. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.16. The company had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.09 billion. Constellation Brands had a net margin of 16.13% and a trailing twelve-month return on equity of 23.06%. The firm's revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.98 earnings per share.
Read the conference call transcript
.

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

Constellation Brands declared a quarterly dividend on Thursday, April 11th. Investors of record on Friday, May 3rd will be given a dividend of $1.01 per share on Friday, May 17th. This represents a $4.04 annualized dividend and a yield of 1.57%. The ex-dividend date is Thursday, May 2nd. This is a positive change from the stock's previous quarterly dividend of $0.89.
Read our dividend analysis for STZ
.

Is Constellation Brands a good dividend stock?

Constellation Brands (NYSE:STZ) pays an annual dividend of $3.56 per share and currently has a dividend yield of 1.38%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STZ will have a dividend payout ratio of 23.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STZ.

What guidance has Constellation Brands issued on next quarter's earnings?

Constellation Brands updated its FY 2025 earnings guidance on Thursday, April, 11th. The company provided earnings per share guidance of 13.500-13.800 for the period, compared to the consensus earnings per share estimate of 13.440. The company issued revenue guidance of $10.6 billion-$10.7 billion, compared to the consensus revenue estimate of $10.6 billion.

What is Bill Newlands' approval rating as Constellation Brands' CEO?

21 employees have rated Constellation Brands Chief Executive Officer Bill Newlands on Glassdoor.com. Bill Newlands has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Constellation Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Constellation Brands investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Micron Technology (MU), Home Depot (HD), Johnson & Johnson (JNJ), Cisco Systems (CSCO).

Who are Constellation Brands' major shareholders?

Constellation Brands' stock is owned by many different retail and institutional investors. Top institutional investors include Fort Pitt Capital Group LLC (0.19%), Douglas Lane & Associates LLC (0.13%), Wealth Enhancement Advisory Services LLC (0.12%), Confluence Investment Management LLC (0.08%), Artemis Investment Management LLP (0.05%) and Massmutual Trust Co. FSB ADV (0.03%). Insiders that own company stock include 2015 Business Holdings Lp Rht, Business Holdings Lp Ajb, Daniel J Mccarthy, Ernesto M Hernandez, Family Foundation Sands, Garth Hankinson, James A Jr Sabia, James O Bourdeau, Jeremy S G Fowden, Kaneenat Kristann Carey, Richard Sands, Robert Lee Hanson, Robert Sands, Thomas Michael Kane, Wildstar Partners Llc, William A Newlands and William A Newlands.
View institutional ownership trends
.

How do I buy shares of Constellation Brands?

Shares of STZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:STZ) was last updated on 4/18/2024 by MarketBeat.com Staff

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