STZ - Constellation Brands, Inc.

NYSE - NYSE Delayed Price. Currency in USD
197.02
-0.27 (-0.14%)
At close: 4:02PM EDT
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Previous Close197.29
Open197.13
Bid197.38 x 1100
Ask197.57 x 900
Day's Range196.00 - 198.60
52 Week Range150.37 - 227.35
Volume843,439
Avg. Volume1,073,006
Market Cap37.697B
Beta (3Y Monthly)1.12
PE Ratio (TTM)49.34
EPS (TTM)3.99
Earnings DateJan. 7, 2020 - Jan. 13, 2020
Forward Dividend & Yield3.00 (1.52%)
Ex-Dividend Date2019-08-12
1y Target Est226.95
Trade prices are not sourced from all markets
  • GlobeNewswire

    Modelo Partners with Anderson .Paak and iHeartMedia for Concerts Benefitting Refugees, Immigrants and Americans In Need

    Modelo, the beer brewed with The Fighting Spirit™, proudly announces it has teamed up with Anderson .Paak for the Modelo Fighting Chance Concert Series, an iHeartRadio production. Together, along with music fans, they are raising money for the International Rescue Committee (IRC) to help refugees, immigrants and Americans in need achieve their full potential. Modelo and iHeartMedia will give four lucky fans an opportunity to win VIP trips to New York to see Anderson .Paak in concert at Brooklyn Steel on November 17.

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  • Cannabis Scandal Radar: Is Tilray Next?
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  • Canopy Growth: Constellation’s Presence Can’t Be Ignored!
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    Canopy Growth: Constellation’s Presence Can’t Be Ignored!

    On Thursday, Canopy Growth announced that Constellation’s CFO David Klein will be the new chairman of its board effective immediately.

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  • Canopy Growth: Good Investment for Constellation Brands?
    Market Realist

    Canopy Growth: Good Investment for Constellation Brands?

    Despite the losses, Constellation Brands still has an optimistic outlook for Canopy Growth. The company is happy with Canopy Growth’s progress.

  • Is Sean 'Diddy' Combs getting into the cannabis business?
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  • Zacks

    Jobs Report Brings 1.4% Gains to End a Crazy Week

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  • Thomson Reuters StreetEvents

    Edited Transcript of STZ earnings conference call or presentation 3-Oct-19 2:30pm GMT

    Q2 2020 Constellation Brands Inc Earnings Call

  • GlobeNewswire

    Constellation Brands to Live Stream Wine and Spirits Investor Presentation on October 8, 2019

    VICTOR, N.Y., Oct. 04, 2019 -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Robert Hanson, president, wine and.

  • Company News For Oct 4, 2019
    Zacks

    Company News For Oct 4, 2019

    Companies in the news are: STZ, BBBY, PEP, CBIO

  • Market Exclusive

    Market Morning: Lam Cracks Down, Alibaba FlyZoo Hotel, Seltzer Spiked, HP Cuts

    She Won’t Go Like a Lam To the Slaughter Hong Kong’s Beijing-appointed chief executive Carrie Lam has invoked emergency powers that allow her to, among other things, insist that protesters stop wearing masks, so as to be able to identify them later in order to arrest them. The protesters who are wearing the masks aren’t […]The post Market Morning: Lam Cracks Down, Alibaba FlyZoo Hotel, Seltzer Spiked, HP Cuts appeared first on Market Exclusive.

  • GlobeNewswire

    Constellation Brands Promotes Mallika Monteiro to Executive Vice President and Chief Growth & Strategy Officer

    Constellation Brands, Inc. (NYSE:STZ and STZ.B), a leading beverage alcohol company, today announced that Mallika Monteiro has been promoted to Executive Vice President and Chief Growth & Strategy Officer. As part of her expanded responsibilities, Monteiro will be responsible for consumer and category insights, innovation and new product development across beer, wine and spirits, as well as the company’s strategy development and business transformation functions. Monteiro will also serve as a member of Constellation’s Executive Management Committee.

  • Constellation Shares Tumble as Cannabis Investment Hinders Q2 Earnings
    Zacks

    Constellation Shares Tumble as Cannabis Investment Hinders Q2 Earnings

    Constellation Brands (STZ) released Q2 earnings before the opening bell.

  • Cannabis Roundup: STZ, CURLF, MMNFF, and ACB
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    Cannabis Roundup: STZ, CURLF, MMNFF, and ACB

    Today, the US markets were trading in the green on the expectation of rate cuts. The cannabis ETFs and the majority of cannabis stocks were also up today.

  • More U.S. Tariffs, October Economic Worries and a New Strong Buy Stock - Free Lunch
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  • Constellation Brands' Q2 earnings weighed down by Canopy Growth losses
    The Canadian Press

    Constellation Brands' Q2 earnings weighed down by Canopy Growth losses

    Constellation Brands Inc. is "pleased" with Canopy Growth Corp.'s progress even though the alcohol giant's latest quarterly results were weighed down by millions in losses and a writedown in connection with its significant stake in the cannabis producer.Chief executive Bill Newlands' positive tone is a change from comments on Canopy made during its previous quarter that preceded the ousting of Canopy co-founder and co-chief executive Bruce Linton in July.He told analysts Thursday that Constellation was "looking forward" to the launch of next-generation cannabis products in Canada in the coming months, "when Canopy will unveil their portfolio of value-added higher-margin products," including drinks, edibles and vapes.Newlands added that Canopy's team in the U.S. has been "actively developing" its range of CBD products and related market plans, and has been working to secure the production resources needed to have these items in the U.S. market by the end of the cannabis company's fiscal year on March 31, 2020."New CBD product offerings include skin care and cosmetics, therapeutic creams, beverages, edibles, oils and softgels," he said on a conference call. "Overall, we're pleased with the progress of the Canopy team and what they have done in the last few months."The U.S.-based producer of Corona beer reported a loss per share of US$2.77 or earnings of US$2.72 per share on an adjusted basis for what was the second quarter of its 2020 financial year. That surpassed the US$2.60 per share in earnings expected by analysts, said the financial markets data firm Refinitiv.Constellation, which is Canopy's largest shareholder, said it earned US$2.91 per share on a comparable basis, excluding the pot producer's equity losses.Constellation recognized a total loss of US$484.4 million in the quarter as its share of Canopy Growth's equity losses and related activities, or a loss of US$54.7 million on a comparable basis.It also recognized a US$839-million decrease in the fair value of its Canopy investments during the quarter ended Aug. 31. Constellation also noted that it has recognized a US$757-million unrealized net gain on a reported basis since its initial Canopy investment in November 2017.Constellation's shares in New York closed down about six per cent to US$194.26, up from as low as US$191.02. Canopy shares gained $1.81 or 6.2 per cent to $31.14 in trading on the Toronto Stock Exchange.Constellation's latest financial results are the first since the Modelo beer maker said in June that it was not pleased with the pot producer's earnings in which it reported a wider-than-expected fourth-quarter net loss attributable to shareholders despite a jump in revenue."However, we continue to aggressively support Canopy on a more focused, long-term strategy to win markets and form factors that matter while paving a clear path to profitability," Newlands told analysts in June. In August, Canopy reported a $1.28-billion loss or $3.70 per share for the three months ended June 30, mainly due to a non-cash loss of $1.18 billion on the extinguishment of warrants held by Constellation.Constellation says it recognizes its earnings or losses in connection with Canopy on a two-month lag. Newlands also said Thursday that he was "excited" to see that the U.S. House of Representatives recently passed the SAFE Banking Act with a wide majority. The bill, which still requires additional approvals, would grant legal cannabis businesses at the state level access to banking in the U.S., where pot remains an illegal substance at the federal level.Canopy has struck a deal to acquire U.S. cannabis company Acreage Holdings and enter the U.S. market, once federally permissible."While this bill also needs senate approval, it would deliver access to traditional banking services to thousands of legal cannabis businesses in the U.S. and shows positive momentum in the legalization debate moving forward," Newlands said.This report by The Canadian Press was first published Oct. 3, 2019.Companies in this story: (TSX:WEED)Armina Ligaya, The Canadian Press

  • Zacks

    Constellation Brands (STZ) Beats on Q2 Earnings, Updates View

    Constellation Brands (STZ) posts robust second-quarter fiscal 2020 results. Further, it revises earnings view for the fiscal year.

  • PepsiCo not yet ready to get into surging cannabis beverage market: CFO
    Yahoo Finance

    PepsiCo not yet ready to get into surging cannabis beverage market: CFO

    PepsiCo continues to evaluate cannabis-infused drinks, says the company's chief financial officer.

  • Constellation weighed down by Canopy, Weak quarter at Bed Bath & Beyond, Uber launches marketplace for temps
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    Constellation weighed down by Canopy, Weak quarter at Bed Bath & Beyond, Uber launches marketplace for temps

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  • Is the Options Market Predicting a Spike in Constellation Brands (STZ) Stock?
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    Is the Options Market Predicting a Spike in Constellation Brands (STZ) Stock?

    Investors need to pay close attention to Constellation Brands (STZ) stock based on the movements in the options market lately.

  • Stocks - Wall Street Flat to Lower at Open; ISM Data on Tap
    Investing.com

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  • Alibaba, Bonanza Creek Energy, Constellation Brands and Canopy Growth highlighted as Zacks Bull and Bear of the Day
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  • Constellation Brands (STZ) Q2 Earnings and Revenues Beat Estimates
    Zacks

    Constellation Brands (STZ) Q2 Earnings and Revenues Beat Estimates

    Constellation Brands (STZ) delivered earnings and revenue surprises of 4.21% and 0.11%, respectively, for the quarter ended August 2019. Do the numbers hold clues to what lies ahead for the stock?