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Constellation Brands (STZ) Stock Price, News & Analysis

$253.50
-1.12 (-0.44%)
(As of 06/14/2024 ET)
Today's Range
$251.54
$254.44
50-Day Range
$243.97
$268.31
52-Week Range
$227.50
$274.87
Volume
711,386 shs
Average Volume
1.19 million shs
Market Capitalization
$46.39 billion
P/E Ratio
27.03
Dividend Yield
1.59%
Price Target
$298.20

Constellation Brands MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
17.6% Upside
$298.20 Price Target
Short Interest
Healthy
2.34% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.79
Upright™ Environmental Score
News Sentiment
1.32mentions of Constellation Brands in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$12.58 M Sold Last Quarter
Proj. Earnings Growth
10.35%
From $13.53 to $14.93 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.

4.33 out of 5 stars

Consumer Staples Sector

31st out of 133 stocks

Beverages Industry

4th 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 Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, 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. The company provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.

STZ Stock Price History

STZ Stock News Headlines

STZ May 2024 247.500 put
STZ Jul 2024 270.000 put
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See More Headlines

Company Calendar

Last Earnings
4/11/2024
Ex-Dividend for 5/17 Dividend
5/02/2024
Dividend Payable
5/17/2024
Today
6/14/2024
Next Earnings (Confirmed)
7/03/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
Distillers & Vintners
CUSIP
21036P10
Employees
10,600
Year Founded
1945

Price Target and Rating

Average Stock Price Target
$298.20
High Stock Price Target
$320.00
Low Stock Price Target
$260.00
Potential Upside/Downside
+17.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
19 Analysts

Profitability

Net Income
$1.73 billion
Pretax Margin
22.30%

Debt

Sales & Book Value

Annual Sales
$10.71 billion
Cash Flow
$14.60 per share
Book Value
$55.02 per share

Miscellaneous

Free Float
160,671,000
Market Cap
$46.39 billion
Optionable
Optionable
Beta
0.89

Social Links

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 has consistently increased its dividend payout, indicating financial stability and potential for income generation for investors. The current dividend yield of 1.59% is attractive for income-focused investors.
  • Positive analyst ratings and price target upgrades suggest strong growth potential for the company, making it an appealing investment opportunity.
  • Recent insider transactions, such as institutional investors adding stakes in the company, can signal confidence in Constellation Brands' future performance, which may be a positive indicator for investors.
  • Constellation Brands' revenue growth of 7.1% compared to the previous year demonstrates the company's ability to increase sales, which could lead to higher stock prices and returns for investors.
  • With a consensus target price of $298.55, analysts foresee further upside potential in Constellation Brands' stock, making it an attractive investment option for capital appreciation.

Cons

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

  • Constellation Brands' dividend payout ratio (DPR) of 43.07% indicates that a significant portion of earnings is distributed as dividends, potentially limiting reinvestment for growth and expansion.
  • While the stock has received positive analyst ratings, the high target prices set by analysts may already be factored into the current stock price, leading to limited short-term upside potential for investors.
  • Increased competition in the alcoholic beverage industry could impact Constellation Brands' market share and profitability, posing a risk to investors looking for stable returns.
  • Market volatility and economic uncertainties may affect consumer spending on premium alcoholic beverages, which could impact Constellation Brands' sales and stock performance.
  • Investors should consider the current stock price in relation to the company's financial health and growth prospects to determine if it aligns with their investment goals and risk tolerance.
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 Saturday, June 8, 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?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last year. There are currently 2 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street 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?

19 Wall Street research analysts have issued 1-year target prices 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 $298.20 in the next twelve months. This suggests a possible upside of 17.6% 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 start of the year. Since then, STZ stock has increased by 4.9% and is now trading at $253.50.
View the best growth stocks for 2024 here
.

When is Constellation Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 3rd 2024.
View our STZ earnings forecast
.

How can I listen to Constellation Brands' earnings call?

Constellation Brands will be holding an earnings conference call on Wednesday, July 3rd at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Constellation Brands' earnings last quarter?

Constellation Brands, Inc. (NYSE:STZ) issued its quarterly earnings results on Thursday, April, 11th. The company reported $2.26 EPS for the quarter, beating analysts' consensus estimates of $2.10 by $0.16. The business 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 last year, the firm earned $1.98 EPS.
Read the conference call transcript
.

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

Constellation Brands announced a quarterly dividend on Thursday, April 11th. Shareholders 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 1.59%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost 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 $4.04 per share and currently has a dividend yield of 1.60%. The dividend payout ratio is 43.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STZ will have a dividend payout ratio of 27.06% 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 issued an update on its FY 2025 earnings guidance on Thursday, April, 11th. The company provided EPS guidance of 13.500-13.800 for the period, compared to the consensus 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.49%), Capital International Investors (6.39%), Capital World Investors (4.94%), Capital Research Global Investors (1.35%), Price T Rowe Associates Inc. MD (1.22%) and Janus Henderson Group PLC (1.20%). 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, Michael Mcgrew, Michael Mcgrew, Richard Sands, Robert Lee Hanson, Robert Sands, Thomas Michael Kane, Wildstar Partners Llc 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 6/14/2024 by MarketBeat.com Staff

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