constellation brands news today

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VICTOR, N.Y. and SAN FRANCISCO,Oct. 06, 2022(GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSENYSEThe New York Stock Exchange is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world’s largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily tra…en.wikipedia.org: STZ and STZ.B), a leading beverage alcohol company, announced today that it has reached an agreement with The Wine Group to divest a portion of its mainstream and premium wine portfolio, including Cooper Thief, Crafters Union, The Dreaming Tree, Monkey Bay, 7 Moons, and Charles Smith Wines.

Is Constellation Brands a good stock?

Constellation Brands ( NYSE: STZ) is a good bet as investors look to belly up to alcoholic beverage stocks, according to Wedbush analyst Gerald Pascarelli. He explained that while the industry has been hit by a number of disruptions in terms of consumer taste and macroeconomic trends, a reversion to historical norms is likely on the way.

What is Constellation Brands’ 2022 ESG impact report?

Constellation Brands’ 2022 Environmental, Social, and Governance (ESG) Impact Report highlights notable progress made in its key ESG focus areas: serving as good stewards of the environment; enhancing social equity within its industry and communities; and promoting responsible beverage alcohol consumption.

Can Constellation Brands survive a recession?

These investments should pave the way for faster growth and improving margins for many years down the road. In the meantime, shareholders can continue collecting dividends by simply holding the stock. Sure, Constellation Brands’ business would be sensitive to a recession, should one develop over the next few quarters.

Why is constellation investing $5 billion in Mexico?

Those resources give the management team flexibility to continue investing in high-return projects like its brewery expansion in Mexico. Constellation plans to spend over $5 billion on that project through the next three fiscal years.

What is marketbeat community ratings?

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.

How much dividend does Constellation pay?

Constellation Brands pays an annual dividend of $0.93 per share and currently has a dividend yield of 1.34%. Constellation Brands does not yet have a strong track record of dividend growth. The dividend payout ratio of Constellation Brands is 9.33%. This payout ratio is at a healthy, sustainable level, below 75%.

What is the STZ symbol?

Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."

What is the consensus rating for Constellation Brands?

Constellation Brands has received a consensus rating of Buy. The company’s average rating score is 2.71, and is based on 13 buy ratings, 7 hold ratings, and no sell ratings.

What is Constellation Brands?

Constellation Brands, Inc. engages in the production, marketing, and distribution of beer, wine, and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other, and Canopy. The Beer segment includes imported and craft beer brands. The Wine and Spirits segment sells wine brands across all categories-table wine, sparkling wine, and dessert wine-and across all price points. The Corporate Operations and Other segment comprises costs of executive management, corporate development, corporate finance, human resources, internal audit, investor relations, legal, public relations, and information technology. The Canopy segment consists of canopy equity method Investments. The company was founded by Marvin Sands in 1945 and is headquartered in Victor, NY.

When will Constellation Brands release its earnings?

Constellation Brands is scheduled to release its next quarterly earnings announcement on Thursday, October 7th 2021. View our earnings forecast for Constellation Brands.

constellation brands etf

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286.04

Why invest in Constellation Brands?

At Constellation Brands (NYSE: STZ and STZ.B), we create products that help people connect and celebrate, elevating good times so they can enjoy life to the fullest. We’re driven to think beyond today and invest in tomorrow with a portfolio of powerhouse products that meet consumer preferences, now, and a strong pipeline for the future.

Can Constellation Brands survive a recession?

These investments should pave the way for faster growth and improving margins for many years down the road. In the meantime, shareholders can continue collecting dividends by simply holding the stock. Sure, Constellation Brands’ business would be sensitive to a recession, should one develop over the next few quarters.

Why is constellation investing $5 billion in Mexico?

Those resources give the management team flexibility to continue investing in high-return projects like its brewery expansion in Mexico. Constellation plans to spend over $5 billion on that project through the next three fiscal years.

Why did constellation report a net loss?

The company reported a big net loss for the period that was mainly driven by noncash adjustments related to its ownership of Canopy Growth stock. In that context, cash flow is a better metric to follow to judge Constellation’s potential returns.

constellation beverage stock

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221.99

Is Constellation Brands winning with beers?

Constellation Brands is winning with beers Constellation Brands is dominating in the beer category. Depletions, a measure of sales to consumers, was up 9% year over year on top of solid growth a year ago. Its Corona franchise expanded despite lots of competition, but Modelo and Pacifico led the way higher.

What does Constellation Brands do for a living?

Constellation Brands, Inc. engages in the production, marketing and distribution of beer, wine and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other and Canopy. The Beer segment includes imported and craft beer brands.

What is Constellation Brands’ Q-factor score?

The Q-Factor Score represents an expectation for how a stock will perform in a given month. Constellation Brands, Inc. engages in the production, marketing and distribution of beer, wine and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other and Canopy.

Can Constellation Brands survive a recession?

These investments should pave the way for faster growth and improving margins for many years down the road. In the meantime, shareholders can continue collecting dividends by simply holding the stock. Sure, Constellation Brands’ business would be sensitive to a recession, should one develop over the next few quarters.

Monster Beverage And Constellation Brands Merger Could Shake Up The Beverage Landscape

The possible merger of Monster Beverage and Constellation Brands would bring two leaders in their space under one roof and could change the beverage space for good.

Mixed Earnings Reports From Walgreens, Constellation Brands, ConAgra, And Bed Bath & Beyond

The VIX rose above 20 as the strengthening dollar could become a drag on large multinational companies.

Corona Beer Maker Constellation Supports Launch Of New CBD Beverage, Combining Two Portfolio Brands

Exclusive details about the new CBD water line created by Karma Water, Canopy Growth and Constellation Brands.

Two Lane Beer From Luke Bryan Relaunches With Constellation Brands

Country superstar and current American Idol judge Luke Bryan is relaunching his collaborative beer project with Constellation Brands.

Constellation Brands Could See Full Recovery To Pre-Covid Level

We believe there may be a decent opportunity with Constellation Brands stock (NYSE: STZ) at the present time. STZ trades at $182 currently and is in fact down 3% so far this year. It traded at a pre-Covid high of $205 in February, and it is still 11% below that level now. STZ stock has gained…

Investing in Constellation Brands, Inc. Stock

Constellation Brands, Inc. is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Its segments include Beer, Wine and Spirits, Corporate Operations and Other and Canopy.

Latest Constellation Brands, Inc. ( STZ) Stock News

As of February 08, 2022, Constellation Brands, Inc. had a $44.8 billion market capitalization, compared to the Brewers median of $12637.1 billion, Constellation Brands, Inc.’s stock is down 4.1% in 2022, up 0.1% in the previous five trading days and down 0.6% in the past year. Currently, Constellation Brands, Inc.’s price-earnings ratio is .

Grading Constellation Brands, Inc. Stock

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, making sense of financial ratios, reading income statements and analyzing recent stock movement.

Other Constellation Brands, Inc. Grades

In addition to Value, Momentum and Quality, A+ Investor also provides grades for Growth and Estimate Revisions.

Constellation Brands, Inc. Stock: Bottom Line

Overall, Constellation Brands, Inc. stock has a Value Grade of D, Momentum Grade of B and Quality Grade of B.
Whether this is a good investment depends on your goals and risk tolerance.

STZ Stock Overview

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.

Valuation

Is Constellation Brands undervalued compared to its fair value and its price relative to the market?

Future Growth

How is Constellation Brands forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

Dividend

What is Constellation Brands’s current dividend yield, its reliability and sustainability?

Management

How experienced are the management team and are they aligned to shareholders interests?

Ownership

Who are the major shareholders and have insiders been buying or selling?