Constellation Brands, Inc. (STZ)

NYSE: STZ · IEX Real-Time Price · USD
258.68
+1.37 (0.53%)
Apr 18, 2024, 4:00 PM EDT - Market closed
0.53%
Market Cap 47.29B
Revenue (ttm) 9.82B
Net Income (ttm) 1.56B
Shares Out 182.80M
EPS (ttm) 8.61
PE Ratio 30.04
Forward PE 20.50
Dividend $4.04 (1.56%)
Ex-Dividend Date May 2, 2024
Volume 1,146,377
Open 257.82
Previous Close 257.31
Day's Range 257.52 - 260.97
52-Week Range 221.81 - 274.87
Beta 0.94
Analysts Strong Buy
Price Target 295.74 (+14.33%)
Earnings Date Apr 11, 2024

About 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 Neighbo... [Read more]

IPO Date Jan 1, 1987
Employees 10,700
Stock Exchange NYSE
Ticker Symbol STZ
Full Company Profile

Financial Performance

In 2022, STZ's revenue was $9.45 billion, an increase of 7.16% compared to the previous year's $8.82 billion. Losses were -$71.00 million, 75.7% more than in 2021.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for STZ stock is "Strong Buy." The 12-month stock price forecast is $295.74, which is an increase of 14.33% from the latest price.

Price Target
$295.74
(14.33% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Constellation Brands moves itself further away from cannabis grower Canopy Growth's business

Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further distance itself from struggling Canadian cannabis producer Canopy Growth Corp., following...

Other symbols: CGC
9 hours ago - Market Watch

Constellation Brands Announces Conversion of Common Shares and Exchange of Promissory Note Into Exchangeable Shares of Canopy Growth Corporation

VICTOR, N.Y., April 18, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that its indirect, wholly-owned subsidiaries, Greenstar Can...

13 hours ago - GlobeNewsWire

Committee stocks on the move: Salesforce, Cisco, Constellation, Coupang, Intel and Rollins

The Investment Committee discuss their stocks that are on the move.

Other symbols: CPNGCRMCSCOINTCROL
3 days ago - CNBC Television

Constellation Brands CEO: Q4 results capped off a 'great year'

Constellation Brands (STZ) reported fourth quarter results that exceeded analyst expectations on both profit and sales. CEO of Constellation Brands Bill Newlands joins The Morning Brief to discuss the...

6 days ago - Yahoo Finance

47 out of 50 states are up over double digits for Pacifico, says Constellation Brands CEO

Constellation Brands President and CEO Bill Newlands joins 'Mad Money' host Jim Cramer to talk Modelo's recent sales growth, the state of the beer and spirits industry, and more.

7 days ago - CNBC Television

Constellation Brands CEO Bill Newlands sits down with Jim Cramer

Constellation Brands President and CEO Bill Newlands joins 'Mad Money' host Jim Cramer to talk Modelo's recent sales growth, the state of the beer and spirits industry, and more.

7 days ago - CNBC Television

Constellation Brands CEO explains sales weakness in wine and spirits: 'We spread ourselves a little too thin'

Constellation Brands CEO Bill Newlands told CNBC's Jim Cramer on Thursday how the company plans to improve its wine and spirits division.

7 days ago - CNBC

Three Stock Lunch: CarMax, Constellation Brands, and Zions Bancorp

David Trainer, New Constructs CEO, joins 'Power Lunch' to give Trainer's investing take on three stocks: CarMax, Constellation Brands, and Zions Bancorp.

Other symbols: KMXZION
7 days ago - CNBC Television

Constellation Brands Stock Jumps on Q4 Earnings Beat, Dividend Hike

Constellation Brands (STZ) stock rose in early trading Thursday as the beverage company reported better-than-expected fourth-quarter fiscal 2024 earnings, driven by a rise in beer sales.

7 days ago - Investopedia

Cramer's Mad Dash: Constellation Brands

CNBC's Jim Cramer delivers his daily Mad Dash.

7 days ago - CNBC Television

Corona beer maker Constellation Brands forecasts annual profit above estimates

Constellation Brands forecast annual profit above Wall Street expectations on Thursday, banking on resilient demand for its core beer brands despite sticky inflation.

7 days ago - Reuters

Constellation Brands' earnings beat buoyed by beer as wine and spirits stay weak

Shares of Constellation Brands Inc. STZ, +0.74% were rallying about 2% in premarket trading Thursday after the seller of beer and wine logged an earnings beat for its latest quarter. The company repor...

7 days ago - Market Watch

Constellation Brands tops Street estimates for Q4

Constellation Brands Inc is trading up in premarket on Thursday after coming in ahead of Street estimates for its fiscal fourth quarter. This is a developing story.

7 days ago - Invezz

Constellation Brands Reports Fiscal Year and Fourth Quarter 2024 Financial Results and Fiscal Year 2025 Outlook

VICTOR, N.Y., April 11, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its fiscal year and fourth quarter 2024 financial results an...

7 days ago - GlobeNewsWire

Constellation Might Need More Than Strong Beer Sales

The company is still seeing weakness in its wine and spirit sales.

8 days ago - Barrons

Jefferies' Ed Mundy breaks down the generational shift from beer to spirits

Ed Mundy, Jefferies managing director, joins 'Power Lunch' to discuss spirits outselling beer again in 2023, and what it means for the alcohol industry.

Other symbols: BUDDEOTAP
14 days ago - CNBC Television

Constellation defeats InBev appeal over Corona, Modelo seltzer branding

A U.S. appeals court on Monday upheld a jury's verdict that Constellation Brands' Corona and Modelo hard seltzers do not violate the trademark rights of Anheuser Busch InBev's Grupo Modelo, the maker ...

Other symbols: BUD
24 days ago - Reuters

Here's why AllianceBernstein's Jim Tierney favors ADP

Jim Tierney, AllianceBernstein CIO, joins 'Power Lunch' to discuss how the Fed's next move would impact the market and financials.

Other symbols: ADPCOOSCHW
4 weeks ago - CNBC Television

Happy St. Patrick's Day! Top 3 alcohol stocks to cheer for right now

The day of shamrocks, wearing green and making merry is upon us – it's officially St. Patrick's Day. So, we thought we'd get into the spirit of things by rounding up the three cheeriest alcohol stocks...

Other symbols: DEO
4 weeks ago - Invezz

Constellation Brands Appoints Sam Glaetzer to Lead Company's Wine & Spirits Division

Industry Veteran Brings Nearly 30 Years of Commercial and Operational Experience to Help Fuel Next Wave of Growth for Company's Wine & Spirits Business Industry Veteran Brings Nearly 30 Years of Comme...

5 weeks ago - GlobeNewsWire

Constellation Brands to Report Full Fiscal Year and Fourth Quarter 2024 Financial Results; Host Conference Call April 11, 2024

VICTOR, N.Y., March 07, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its full fiscal year a...

6 weeks ago - GlobeNewsWire

Constellation Brands Announces Election of Christopher J. Baldwin as New Independent Board Chair

VICTOR, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced the election of Christopher J. Baldwin of CVC Advisors (U.S....

2 months ago - GlobeNewsWire

Spirits sales beat out beer and wine for second straight year, despite little growth

Americans are still spending on spirits, but new data from DISCUS sheds light on where and how much they are spending.

Other symbols: DEOLVMUY
2 months ago - CNBC

Alcohol trends and stocks for investors to watch

Spirits are gaining their share in the US alcohol market as consumer demographics — both men and women — are diversifying their palettes and becoming more open to what they drink. Nadine Sarwat, Berns...

Other symbols: ABEVBUDSAMTAP
2 months ago - Yahoo Finance

Constellation Brands Prices Offering of Senior Notes

VICTOR, N.Y., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that it priced the public offering of $400.0 million aggrega...

3 months ago - GlobeNewsWire