Constellation Brands (NYSE:STZ) Announces Quarterly Earnings Results

Constellation Brands (NYSE:STZ) released its quarterly earnings data on Tuesday. The company reported $3.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.45 by ($0.23), Zacks reports. Constellation Brands had a positive return on equity of 31.15% and a negative net margin of 4.11%. The business had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the company earned $3.57 EPS. Constellation Brands’s revenue was down 5.5% on a year-over-year basis. Constellation Brands updated its FY 2026 guidance to 12.600-12.900 EPS.

Constellation Brands Trading Up 4.5%

NYSE:STZ opened at $173.94 on Thursday. The company has a market cap of $30.96 billion, a PE ratio of -72.78, a P/E/G ratio of 9.20 and a beta of 0.67. The business’s 50 day moving average is $177.66 and its two-hundred day moving average is $184.47. The company has a quick ratio of 0.56, a current ratio of 0.92 and a debt-to-equity ratio of 1.30. Constellation Brands has a 52 week low of $159.35 and a 52 week high of $264.45.

Constellation Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, April 29th were paid a dividend of $1.02 per share. The ex-dividend date was Tuesday, April 29th. This represents a $4.08 annualized dividend and a yield of 2.35%. This is a boost from Constellation Brands’s previous quarterly dividend of $1.01. Constellation Brands’s dividend payout ratio is presently -800.00%.

Insider Buying and Selling at Constellation Brands

In related news, EVP Samuel J. Glaetzer sold 3,150 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $188.54, for a total transaction of $593,901.00. Following the sale, the executive vice president directly owned 3,126 shares of the company’s stock, valued at approximately $589,376.04. This represents a 50.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 12.45% of the company’s stock.

Institutional Trading of Constellation Brands

A hedge fund recently raised its stake in Constellation Brands stock. Brighton Jones LLC increased its holdings in Constellation Brands Inc (NYSE:STZ) by 23.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,001 shares of the company’s stock after buying an additional 187 shares during the period. Brighton Jones LLC’s holdings in Constellation Brands were worth $221,000 as of its most recent filing with the SEC. Institutional investors own 77.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on STZ shares. The Goldman Sachs Group set a $225.00 price target on shares of Constellation Brands and gave the stock a “buy” rating in a research report on Friday, June 27th. BMO Capital Markets lowered their target price on Constellation Brands from $260.00 to $215.00 and set an “outperform” rating for the company in a research note on Friday, April 11th. Truist Financial upgraded Constellation Brands from a “hold” rating to a “buy” rating and raised their target price for the company from $190.00 to $215.00 in a report on Wednesday, May 7th. Bank of America decreased their price target on Constellation Brands from $195.00 to $180.00 and set a “neutral” rating for the company in a report on Wednesday, June 18th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Constellation Brands from $170.00 to $182.00 and gave the company a “neutral” rating in a research note on Thursday. Eleven analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $212.65.

Constellation Brands Company Profile

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.