NYSE:DEO

Diageo (DEO) Stock Forecast, Price & News

$178.12

+0.95 (+0.54%)

(As of 05/18/2023 ET)

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Today's Range: $176.84
▼
$178.33
50-Day Range: $169.46
▼
$189.25
52-Week Range: $160.09
▼
$194.04

Volume: 456,789 shs
Average Volume: 403,463 shs
Market Capitalization: $100.45 billion

P/E Ratio: 20.20
Dividend Yield: 1.71%
Price Target: N/A

Diageo MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
0.32% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.29
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.99%
From $8.18 to $8.67 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.66 out of 5 stars

Consumer Staples Sector

133rd out of 138 stocks

Beverages Industry

13th out of 13 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Diageo.

2.0

Short Interest

Percentage of Shares Shorted
0.32% of the float of Diageo has been sold short.
Short Interest Ratio / Days to Cover
Diageo has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in Diageo has recently increased by 5.95%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Diageo pays a meaningful dividend of 1.70%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Diageo does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Diageo is 34.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Diageo will have a dividend payout ratio of 35.06% next year. This indicates that Diageo will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DEO.

2.9

News and Social Media Coverage

News Sentiment
Diageo has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Diageo this week, compared to 3 articles on an average week.
Search Interest
8 people have searched for DEO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
6 people have added Diageo to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Diageo insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 9.04% of the stock of Diageo is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Diageo are expected to grow by 5.99% in the coming year, from $8.18 to $8.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Diageo is 20.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Diageo is 20.20, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 15.74.
Price to Earnings Growth Ratio
Diageo has a PEG Ratio of 2.81. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Diageo has a P/B Ratio of 8.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Diageo (NYSE:DEO) Stock

Diageo Plc engages in the production and distribution of alcoholic beverages. Its brands include Johnnie Walker, Crown Royal, JeB, Buchanan's, Windsor and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness. It operates through the following geographical segments: North America; Europe and Turkey; Africa; Latin America and Caribbean; Asia Pacific; ISC; and Corporate and Other. The company was founded on October 21, 1886 and is headquartered in London, the United Kingdom.

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DEO Stock News Headlines

May 17, 2023 | americanbankingnews.com

Diageo plc (NYSE:DEO) Sees Significant Growth in Short Interest

May 16, 2023 | americanbankingnews.com

Diageo (NYSE:DEO) Cut to "Hold" at StockNews.com

May 18, 2023 | Altimetry (Ad)

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May 12, 2023 | msn.com

Diageo dips after Jefferies moves to the sidelines with a ratings drop to Hold

May 12, 2023 | americanbankingnews.com

Jefferies Financial Group Lowers Diageo (NYSE:DEO) to Hold

May 7, 2023 | americanbankingnews.com

Diageo (NYSE:DEO) & Real Brands (OTCMKTS:RLBD) Critical Survey

May 5, 2023 | americanbankingnews.com

Brokerages Set Diageo plc (NYSE:DEO) PT at $3,962.50

April 27, 2023 | americanbankingnews.com

Comparing Diageo (NYSE:DEO) and Real Brands (OTCMKTS:RLBD)

May 18, 2023 | Stansberry Research (Ad)

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April 21, 2023 | americanbankingnews.com

Morgan Stanley Increases Diageo (NYSE:DEO) Price Target to GBX 3,700

April 15, 2023 | americanbankingnews.com

Diageo plc Expected to Earn FY2023 Earnings of $8.11 Per Share (NYSE:DEO)

April 10, 2023 | americanbankingnews.com

Brokerages Set Diageo plc (NYSE:DEO) PT at $4,034.44

April 8, 2023 | americanbankingnews.com

Barclays Lowers Diageo (NYSE:DEO) Price Target to GBX 4,890

April 4, 2023 | seekingalpha.com

Diageo: A Consumer Staple Winner For FCF

April 1, 2023 | americanbankingnews.com

Short Interest in Diageo plc (NYSE:DEO) Increases By 32.8%

March 13, 2023 | finance.yahoo.com

Crown Royal Celebrates The Local Rodeo Community and Champions Its Royal Riders at Houston Rodeo

February 10, 2023 | finance.yahoo.com

Diageo reports increasing spirits sales, overtaking beer in alcohol market

January 30, 2023 | finance.yahoo.com

SEAGRAM'S 7 CROWN AMERICAN BLENDED WHISKEY AND COMEDIAN ILIZA SHLESINGER CELEBRATE REGULARS AND THEIR DRINKING SPOTS IN NEW "IT'S YOUR SPOT" CAMPAIGN

January 26, 2023 | finance.yahoo.com

Diageo Shares Drop As North America Growth Slows

January 17, 2023 | finance.yahoo.com

Diageo buys Don Papa Rum in $473 million deal

January 12, 2023 | finance.yahoo.com

BUD or DEO: Which Is the Better Value Stock Right Now?

November 8, 2022 | finance.yahoo.com

4 Stocks to Watch Despite the Hardships in the Alcohol Industry

October 20, 2022 | finance.yahoo.com

Top Research Reports for Intuit, Diageo & Sony

October 20, 2022 | morningstar.co.uk

IN BRIEF: Diageo launches USD2 billion bonds for - Morningstar

October 19, 2022 | prnewswire.com

TEQUILA DON JULIO ULTIMA RESERVA RETURNS FOR A LIMITED TIME ONLY WITH THE RELEASE OF AN EXCLUSIVE SECOND BOTTLING OF DON JULIO GONZÁLEZ'S FINAL AGAVE HARVEST - PR Newswire

October 17, 2022 | cbsnews.com

$1M gift to Miami Dade College from beverage giant Diageo will fund endowment, boost aid to minority students - CBS News

October 13, 2022 | prnewswire.com

Crown Royal Peach and Social Studies Collaborate with Colu Henry to Create 'A Royal Good Time', a Limited-Edition Entertainment Kit Perfect for At-Home Fall Gatherings - PR Newswire

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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DEO Company Calendar

Ex-Dividend for 4/18 Dividend: 3/02/2023
Dividend Payable: 4/18/2023
Today: 5/18/2023
Fiscal Year End: 6/30/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Beverages
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NYSE:DEO
CUSIP: N/A
CIK: 835403
Web: www.diageo.com
Phone: 442079479100
Fax: 44-20-8978-8501
Employees: 28,137
Year Founded: 1997

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 21.69
P/E Growth: 2.81
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 1.63
Current Ratio: 1.57
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $19.43 billion
Price / Sales: 5.15
Cash Flow: $8.78 per share
Price / Cash Flow: 20.20
Book Value: $20.28 per share
Price / Book: 8.75

Miscellaneous

Outstanding Shares: 563,920,000
Free Float: N/A
Market Cap: $100.06 billion
Optionable: Optionable
Beta: 0.67

Social Links

Key Executives

Ivan M. Menezes
Chief Executive Officer & Executive Director

Debra Ann Crew
Chief Operating Officer

Lavanya Chandrashekar
Chief Financial Officer & Executive Director

Andy Ryan
Finance Director-Digital & Technology

David Cutter
Chief Sustainability Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

DEO Stock - Frequently Asked Questions

Should I buy or sell Diageo stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" DEO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DEO, but not buy additional shares or sell existing shares.
View DEO analyst ratings or view top-rated stocks.
How have DEO shares performed in 2023?: Diageo's stock was trading at $178.19 at the beginning of the year. Since then, DEO stock has decreased by 0.5% and is now trading at $177.30.
View the best growth stocks for 2023 here.
Are investors shorting Diageo?: Diageo saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,780,000 shares, an increase of 6.0% from the April 15th total of 1,680,000 shares. Based on an average daily trading volume, of 391,300 shares, the short-interest ratio is currently 4.5 days. Currently, 0.3% of the company's shares are sold short.
View Diageo's Short Interest.
How often does Diageo pay dividends? What is the dividend yield for Diageo?: Diageo declared a semi-annual dividend on Tuesday, February 28th. Shareholders of record on Friday, March 3rd will be given a dividend of $1.5187 per share on Tuesday, April 18th. This represents a yield of 2.06%. The ex-dividend date of this dividend is Thursday, March 2nd. This is a positive change from the stock's previous semi-annual dividend of $1.43.
Read our dividend analysis for DEO.
Is Diageo a good dividend stock?: Diageo (NYSE:DEO) pays an annual dividend of $3.04 per share and currently has a dividend yield of 1.70%.
Read our dividend analysis for DEO.
What is Ivan Menezes' approval rating as Diageo's CEO?: 724 employees have rated Diageo Chief Executive Officer Ivan Menezes on Glassdoor.com. Ivan Menezes has an approval rating of 94% among the company's employees. This puts Ivan Menezes in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Diageo own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Diageo investors own include AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Walt Disney (DIS), Verizon Communications (VZ), Wells Fargo & Company (WFC), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO) and Chevron (CVX).

What is Diageo's stock symbol?: Diageo trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEO."
Who are Diageo's major shareholders?: Diageo's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (0.92%), FMR LLC (0.61%), Clearbridge Investments LLC (0.42%), UBS Group AG (0.37%), Charles Schwab Investment Management Inc. (0.36%) and London Co. of Virginia (0.30%).
How do I buy shares of Diageo?: Shares of DEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Diageo's stock price today?: One share of DEO stock can currently be purchased for approximately $177.30.
How much money does Diageo make?: Diageo (NYSE:DEO) has a market capitalization of $99.98 billion and generates $19.43 billion in revenue each year.
How many employees does Diageo have?: The company employs 28,137 workers across the globe.
Does Diageo have any subsidiaries?: The following companies are subsidiares of Diageo: Aviation Gin, Belsazar, Brandhouse Beverages, Casamigos tequila, Chalone Wine Group, Diageo Brands B.V., Diageo Capital plc, Diageo Finance plc, Diageo Great Britain Limited, Diageo Investment Corporation, Diageo Ireland, Diageo North America Inc., Diageo Scotland Limited, Ketel One Worldwide, Meta Abo Brewery Share Company, Mey, Mey İçki Sanayi ve Ticaret A.Ş, Seedlip, Sichuan Chengdu Shuijingfang Group Company, Stirrings LLC, Tequila Don Julio SA de CV, The Old Bushmills Distillery Co, United National Breweries, United Spirits Limited, United Spirits Limited, and Ypióca Agroindustrial.
Read More
How can I contact Diageo?: Diageo's mailing address is LAKESIDE DRIVE PARK ROYAL, LONDON X0, NW10 7HQ. The official website for the company is www.diageo.com. The company can be reached via phone at 442079479100, via email at investor.relations@diageo.com, or via fax at 44-20-8978-8501.

This page (NYSE:DEO) was last updated on 5/18/2023 by MarketBeat.com Staff

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