Constellation Brands, Inc. (STZ)
| Market Cap | 44.14B |
| Revenue (ttm) | 9.79B |
| Net Income (ttm) | 1.52B |
| Shares Out | 183.66M |
| EPS (ttm) | 8.37 |
| PE Ratio | 28.27 |
| Forward PE | 18.49 |
| Dividend | $3.56 (1.50%) |
| Ex-Dividend Date | Nov 2, 2023 |
| Volume | 1,192,818 |
| Open | 239.90 |
| Previous Close | 240.31 |
| Day's Range | 233.50 - 240.49 |
| 52-Week Range | 208.12 - 273.65 |
| Beta | 1.02 |
| Analysts | Strong Buy |
| Price Target | 286.95 (+21.25%) |
| Earnings Date | Jan 5, 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]
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 StatementsAnalyst Forecast
According to 20 analysts, the average rating for STZ stock is "Strong Buy." The 12-month stock price forecast is $286.95, which is an increase of 21.25% from the latest price.
News
Constellation Brands to Report Third Quarter Fiscal 2024 Financial Results; Host Conference Call January 5, 2024
VICTOR, N.Y., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its third quarter ended...
Constellation Brands to Present at the 2023 Morgan Stanley Global Consumer and Retail Conference on December 5, 2023
VICTOR, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Fin...
Constellation Brands Announces Expiration of Canopy Growth Warrants
VICTOR, N.Y., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today the expiration of all its warrants (“Warrants”) to purchase ...
Constellation Brands to Outline Strategic Foundation for Continued Growth at 2023 Investor Day
Beer Business Medium-Term ~7-9% Net Sales Growth and ~39-40% Operating Margins Outlook Unchanged Wine & Spirits Business Now Expects Medium-Term ~1-3% Net Sales Growth and ~25-26% Operating Margins Co...
Constellation Brands Issues 2023 ESG Impact Report and Announces Enhanced Water Withdrawal Restoration Target Benefitting Local Communities
Having surpassed its prior target ahead of plan, Constellation further advances water stewardship efforts; shares progress against core commitments for environmental stewardship and social impact.
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Modelo Sale Success Propels Constellation Brands In The Market
Constellation Brands Inc. NYSE: STZ, distributor of best-selling beer Modelo, fell flat after the company's second-quarter earnings report on October 5.
Constellation brands earnings boosted by beer sales, company doing, 'something rare,' Analyst says
Constellation Brands' (STZ) reported fiscal second quarter earning that topped analyst estimates on both the top and bottom lines. The beverage company's results got a boost from beer sales, especiall...
Fears of weight loss drugs hurting alcohol sales are 'overblown': Constellation Brands CEO
Constellation Brands (STZ) reported second quarter results that topped estimates. When it comes to the consumer starting to watch their wallets, Constellation Brands President and CEO Bill Newlands sa...
Constellation Brands CEO: Pacifico 'could easily be' as big as Modelo
2023 has been a breakout year for Constellation Brands (STZ), the beer brand behind Corona and the recently-crowned top-selling U.S. beer Modelo. Constellation Brands President and CEO Bill Newlands j...
Jim Cramer sees a major catalyst ahead for Corona maker Constellation Brands stock
Constellation Brands' (STZ) investor day next month could have major implications for its stock price, CNBC's Jim Cramer said Friday.
Cramer's Mad Dash: Constellation Brands
CNBC's Jim Cramer delivers his daily Mad Dash.
Constellation Brands CEO Bill Newlands sits down with Jim Cramer
Constellation Brands CEO Bill Newlands joins 'Mad Money' host Jim Cramer to talk quarterly earnings, consumer trends, which sectors of the alcohol business are doing well and more.
We're not afraid to buy back stock, says Constellation Brands CEO Bill Newlands
Constellation Brands CEO Bill Newlands joins 'Mad Money' host Jim Cramer to talk quarterly earnings, consumer trends, which sectors of the alcohol business are doing well and more.
Constellation Brands CEO touts beer performance post earnings
Constellation Brands CEO Bill Newlands highlighted the past quarter's success in beer brands in an interview with CNBC's Jim Cramer.
Constellation Brands Beer Sales Soar, but Wine and Spirit Demand Slumps
Constellation Brands (STZ) posted better-than-expected quarterly results and raised its guidance as its beer business benefitted from the backlash faced by rival Anheuser-Busch Inbev (BUD) over its pa...
Constellation Brands: Budget-Strapped Consumers Are Buying Less Alcohol, More Often
As consumers deal with inflation and other economic challenges, Constellation Brands is seeing shoppers make more frequent alcohol purchases but buying less per trip. The beer, wine and spirits compan...
Modelo parent boosts outlook after Bud Light controversy
The maker of Modelo and Corona beer, Constellation Brands, boosted its financial outlook as it continues to benefit from the backlash over Bud Light's Dylan Mulvaney marketing campaign.
Constellation Brands earnings: Company is doing something 'a bit rare,' analyst says
Constellation Brands' (STZ) reported fiscal second quarter earning that topped analyst estimates on both the top and bottom lines. The beverage company's results got a boost from beer sales, especiall...
Constellation Brands beats earnings estimates
CNBC's Brandon Gomez reports on news from Constellation Brands.
Constellation Brands has ‘brighter days ahead' after Q2 earnings
Constellation Brands Inc (NYSE: STZ) lost about 2.0% today even though it reported market-beating results for its fiscal second quarter. Constellation saw weakness in wine and spirits The stock is tre...
Constellation Brands beats on earnings as Modelo-fueled beer momentum continues
Revenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.
Constellation Brands Raises Profit Estimate on Strong Modelo Sales
Constellation Brands expects fiscal 2024 adjusted earnings of between $12 and $12.20 a share.
Constellation Brands' stock sinks 2% after drinks giant offers guidance that lags conensus
Constellation Brands Inc.'s stock STZ, +0.41% fell 2% in premarket trade Thursday, after the distributor of Corona beer and Kim Crawford wines posted better-than-expected earnings for its fiscal secon...