Constellation Brands, Inc, together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Light, Corona Premier, Corona Familiar Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands, as well as Funky Buddha, Four Corners, and Ballast Point brands.
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Industry, Sector and Symbol
Industry Beverages
Sub-IndustryDistillers & Vintners
SectorConsumer Staples
Phone585-678-7100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$8.88 billion
Profitability
Miscellaneous
Employees9,800
Next Earnings Date1/8/2020 (Estimated)
OptionableOptionable
Constellation Brands (NYSE:STZ) Frequently Asked Questions
What is Constellation Brands' stock symbol?
Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."
How often does Constellation Brands pay dividends? What is the dividend yield for Constellation Brands?
Constellation Brands declared a quarterly dividend on Wednesday, October 2nd. Shareholders of record on Friday, November 8th will be given a dividend of $0.75 per share on Friday, November 22nd. This represents a $3.00 annualized dividend and a yield of 1.51%. The ex-dividend date is Thursday, November 7th. View Constellation Brands' Dividend History.
How will Constellation Brands' stock buyback program work?
Constellation Brands declared that its Board of Directors has authorized a share buyback plan on Saturday, January 6th 2018, which permits the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.
How were Constellation Brands' earnings last quarter?
Constellation Brands, Inc. (NYSE:STZ) announced its quarterly earnings results on Thursday, October, 3rd. The company reported $2.72 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.60 by $0.12. The firm earned $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Constellation Brands had a net margin of 8.59% and a return on equity of 14.66%. The business's quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.87 earnings per share. View Constellation Brands' Earnings History.
When is Constellation Brands' next earnings date?
What guidance has Constellation Brands issued on next quarter's earnings?
Constellation Brands issued an update on its FY20 earnings guidance on Thursday, October, 3rd. The company provided earnings per share (EPS) guidance of $9.00-9.20 for the period, compared to the Thomson Reuters consensus estimate of $8.51.
What price target have analysts set for STZ?
23 brokers have issued 12 month price objectives for Constellation Brands' shares. Their predictions range from $174.00 to $274.00. On average, they anticipate Constellation Brands' stock price to reach $224.20 in the next year. This suggests a possible upside of 13.2% from the stock's current price. View Analyst Price Targets for Constellation Brands.
What is the consensus analysts' recommendation for Constellation Brands?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last year. There are currently 8 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Constellation Brands.
What are Wall Street analysts saying about Constellation Brands stock?
Here are some recent quotes from research analysts about Constellation Brands stock:
- 1. According to Zacks Investment Research, "Constellation Brands has outperformed the industry in the past six months, driven by a robust surprise trend that continued in first-quarter fiscal 2020. It has reported positive earnings surprise in 17 of the last 18 quarters, with sales beat in the last six quarters. Moreover, strength in its beer business due to higher shipment volumes and depletions is driving the top line. Also, the company is poised to gain from constant brand-building efforts, pipeline of innovations and the Canopy Growth investment. However, persistent softness in its wine & spirits segment remains a concern. A soft view for this segment due to impacts from the sale of 30 brands to Gallo is also concerning. Further, higher interest expense projections for fiscal 2020, including $105 million related to the financing of the Canopy deal may hurt the bottom line." (9/23/2019)
- 2. Jefferies Financial Group Inc analysts commented, "STZ’s CAGNY pres. was upbeat on the runway for growth in beer (> 70% of EBIT); however, mgmt. wanted to level set expectations in key areas (beer OM %, near-term EPS dilution from wine divest./WEED). STZ’s med-term target for ~10% EPS CAGR was reiterated despite likely declines in FY20. We trim our PT to $255/concede shares likely to tread water near-term, though see beer biz as one of best in CPG and valuation as attractive at ~13.5x EV/EBITDA (ex-Canopy)." (2/21/2019)
- 3. Pivotal Research analysts commented, "We are convinced that CGC is the best way to play the rapidly growing cannabis market and investors should begin to fully reflect that value and CGC’s prospects, rather than penalizing STZ for the cash carrying costs of the investment, in our view. This makes STZ a truly compelling BUY. VALUATION: Constellation trades at 15.8x our estimate of EV/EBITDA, no doubt as “cheap” as STZ has been in the past five years. If one takes the POV that CGC could double to a $20 billion market cap in 18-24 months (our personal view) then Constellation will have a $10 billion investment as an add-back to EV and thus on the basis of core EBITDA of around $3,000, could trade at 20x that or over $300 based on FY20 EBITDA and the equity value of CGC. We’ve haircut that today but still view it as a more likely than not scenario." (1/9/2019)
Has Constellation Brands been receiving favorable news coverage?
News coverage about STZ stock has trended very negative on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Constellation Brands earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Constellation Brands.
Are investors shorting Constellation Brands?
Constellation Brands saw a decline in short interest in September. As of September 30th, there was short interest totalling 7,430,000 shares, a decline of 5.9% from the August 30th total of 7,900,000 shares. Based on an average trading volume of 1,080,000 shares, the short-interest ratio is presently 6.9 days. Approximately 4.7% of the company's stock are sold short. View Constellation Brands' Current Options Chain.
Who are some of Constellation Brands' key competitors?
Some companies that are related to Constellation Brands include Diageo (DEO), AMBEV S A/S (ABEV), PERNOD RICARD S/ADR (PDRDY), Keurig Dr Pepper (KDP), Brown-Forman (BF.B), COCA COLA AMATI/ADR (CCLAY), Crimson Wine Group (CWGL), Eastside Distilling (EAST), Willamette Valley Vineyards (WVVI), Jones Soda Co. ( USA ) (JSDA), Long Blockchain (LBCC), Truett-Hurst (THST), Pacific Ventures Group (PACV) and Constellation Brands (STZ.B).
What other stocks do shareholders of Constellation Brands own?
Who are Constellation Brands' key executives?
Constellation Brands' management team includes the folowing people:
- Mr. Robert S. Sands II, Exec. Chairman (Age 60)
- Mr. William A. Newlands, Pres, CEO & Director (Age 60)
- Dr. Richard Sands, Exec. Vice Chairman (Age 68)
- Mr. David Eric Klein, Exec. VP & CFO (Age 55)
- Mr. Ricardo Bartra, Sr. VP & Chief Technology Officer
Who are Constellation Brands' major shareholders?
Constellation Brands' stock is owned by a number of of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (0.16%), Patten & Patten Inc. TN (0.04%), Vigilant Capital Management LLC (0.04%), Welch & Forbes LLC (0.03%), Assenagon Asset Management S.A. (0.03%) and Grassi Investment Management (0.03%). Company insiders that own Constellation Brands stock include Barry A Fromberg, Christopher Stenzel, David Eric Klein, James A Jr Sabia, James A Locke III, Jeremy S G Fowden, Richard Sands, Robert Sands, Thomas J Mullin and Thomas Michael Kane. View Institutional Ownership Trends for Constellation Brands.
Which major investors are selling Constellation Brands stock?
STZ stock was sold by a variety of institutional investors in the last quarter, including TIAA FSB, Exane Derivatives, Gateway Investment Advisers LLC, Lau Associates LLC, First Personal Financial Services, Patten & Patten Inc. TN, Crossmark Global Holdings Inc. and Riverview Trust Co. Company insiders that have sold Constellation Brands company stock in the last year include Barry A Fromberg, David Eric Klein, James A Jr Sabia, Jeremy S G Fowden, Richard Sands, Robert Sands and Thomas Michael Kane. View Insider Buying and Selling for Constellation Brands.
Which major investors are buying Constellation Brands stock?
STZ stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of Alaska Department of Revenue, Douglas Lane & Associates LLC, Three Peaks Capital Management LLC, Verde Servicos Internacionais S.A., Toth Financial Advisory Corp, IMS Capital Management and Legacy Private Trust Co.. View Insider Buying and Selling for Constellation Brands.
How do I buy shares of Constellation Brands?
Shares of STZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Constellation Brands' stock price today?
One share of STZ stock can currently be purchased for approximately $198.02.
How big of a company is Constellation Brands?
Constellation Brands has a market capitalization of $37.95 billion and generates $8.88 billion in revenue each year. The company earns $3.44 billion in net income (profit) each year or $9.28 on an earnings per share basis. Constellation Brands employs 9,800 workers across the globe.View Additional Information About Constellation Brands.
What is Constellation Brands' official website?
How can I contact Constellation Brands?
Constellation Brands' mailing address is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. The company can be reached via phone at 585-678-7100 or via email at [email protected]
MarketBeat Community Rating for Constellation Brands (NYSE STZ)
MarketBeat's community ratings are surveys of what our community members think about Constellation Brands and other stocks. Vote "Outperform" if you believe STZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
