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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
LON:DGE

Diageo (DGE) Share Price, News & Analysis

GBX 2,925.50
-12.50 (-0.43%)
(As of 03/28/2024 ET)
Today's Range
2,921.50
2,951
50-Day Range
2,685.50
3,027
52-Week Range
2,676
3,779.50
Volume
2.47 million shs
Average Volume
3.54 million shs
Market Capitalization
£65.24 billion
P/E Ratio
1,976.69
Dividend Yield
2.77%
Price Target
GBX 3,308.33

Diageo MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
13.1% Upside
GBX 3,308.33 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.84
Upright™ Environmental Score
News Sentiment
0.26mentions of Diageo in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
£855,835 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.41 out of 5 stars

DGE stock logo

About Diageo Stock (LON:DGE)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Cîroc, Buchanan's, Casamigos, J&B, and Ketel One brands. The company operates in the United States, the United Kingdom, Turkey, Australia, Korea, India, Greater China, Brazil, Mexico, South Africa, Nigeria, and internationally. Diageo plc was incorporated in 1886 and is headquartered in London, the United Kingdom.

DGE Stock Price History

DGE Stock News Headlines

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Company Calendar

Last Earnings
1/31/2019
Ex-Dividend for 4/17 Dividend
2/29/2024
Today
3/28/2024
Dividend Payable
4/17/2024

Industry, Sector and Symbol

Industry
Beverages - Wineries & Distilleries
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
30,269
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 3,308.33
High Stock Price Target
GBX 3,950
Low Stock Price Target
GBX 2,500
Potential Upside/Downside
+13.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
£4.26 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£21.64 billion
Cash Flow
GBX 81.35 per share
Book Value
GBX 437 per share

Miscellaneous

Outstanding Shares
2,230,000,000
Free Float
N/A
Market Cap
£65.24 billion
Optionable
Not Optionable
Beta
0.33
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Key Executives

  • Ms. Debra Ann Crew (Age 54)
    CEO & Executive Director
    Comp: $198k
  • Ms. Lavanya Chandrashekar (Age 52)
    CFO & Director
    Comp: $1.6M
  • Ms. Yvonne Harrison
    Corporate Information Officer
  • Mr. Thomas Bailey Shropshire Jr.
    General Counsel & Company Secretary
  • Ms. Cristina Diezhandino (Age 57)
    Chief Marketing Officer
  • Louise Prashad
    Chief HR Officer
  • Mr. John O'Keeffe (Age 52)
    President of Asia Pacific, Global Travel & India
  • Mr. John Thomas Kennedy (Age 59)
    President of Europe
  • Mr. Edward Pilkington
    Chief Marketing & Innovation Officer of Diageo North America
  • Mr. Dayalan Nayager (Age 43)
    President of Africa & Chief Commercial Officer

Should I Buy Diageo Stock? DGE Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Diageo was last updated on Tuesday, March 26, 2024 at 10:26 PM.

Pros

Here are some ways that investors could benefit from investing in Diageo plc:

  • Diageo plc engages in the production, marketing, and sale of a wide range of alcoholic beverages, providing diversification within the beverage industry.
  • The company operates internationally, tapping into various markets and potentially reducing risks associated with regional economic fluctuations.
  • Diageo plc offers a portfolio of well-known brands like Johnnie Walker, Guinness, and Smirnoff, which have established consumer loyalty and recognition.
  • Recent financial reports indicate a strong performance, with revenue growth and profitability, potentially indicating a stable investment opportunity.
  • Considering the current stock price and market trends, investing in Diageo plc may present a value opportunity for investors seeking growth potential.

Cons

Investors should be bearish about investing in Diageo plc for these reasons:

  • Regulatory changes in the alcoholic beverage industry could impact Diageo plc's operations and profitability, leading to uncertainties for investors.
  • Fluctuations in currency exchange rates may affect the company's financial performance, especially considering its international presence.
  • Competitive pressures within the beverage industry could challenge Diageo plc's market share and pricing strategies, impacting its revenue growth.
  • Changes in consumer preferences towards healthier lifestyles and non-alcoholic beverages may pose a long-term threat to Diageo plc's product portfolio.
  • Market volatility and economic uncertainties could influence investor sentiment towards Diageo plc, affecting stock price movements in the short term.

DGE Stock Analysis - Frequently Asked Questions

Should I buy or sell Diageo stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DGE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DGE, but not buy additional shares or sell existing shares.
View DGE analyst ratings
or view top-rated stocks.

What is Diageo's stock price target for 2024?

5 brokerages have issued 1 year target prices for Diageo's stock. Their DGE share price targets range from GBX 2,500 to GBX 3,950. On average, they expect the company's stock price to reach GBX 3,308.33 in the next year. This suggests a possible upside of 13.1% from the stock's current price.
View analysts price targets for DGE
or view top-rated stocks among Wall Street analysts.

How have DGE shares performed in 2024?

Diageo's stock was trading at GBX 2,856 at the beginning of the year. Since then, DGE shares have increased by 2.4% and is now trading at GBX 2,925.50.
View the best growth stocks for 2024 here
.

How were Diageo's earnings last quarter?

Diageo plc (LON:DGE) posted its quarterly earnings data on Thursday, January, 31st. The company reported $77.00 EPS for the quarter, beating analysts' consensus estimates of $70.80 by $6.20. Diageo had a net margin of 19.67% and a trailing twelve-month return on equity of 36.41%.

How often does Diageo pay dividends? What is the dividend yield for Diageo?

Diageo declared a dividend on Tuesday, January 30th. Investors of record on Thursday, February 29th will be given a dividend of GBX 0.41 per share on Wednesday, April 17th. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, February 29th. The official announcement can be accessed at this link.
Read our dividend analysis for DGE
.

Is Diageo a good dividend stock?

Diageo (LON:DGE) pays an annual dividend of GBX 81 per share and currently has a dividend yield of 2.80%. The dividend payout ratio is 5,472.97%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DGE.

What other stocks do shareholders of Diageo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Diageo investors own include Diageo (DEO), HSBC (HSBA), Associated British Foods (ABF), Intelsat (I), GSK (GSK), Barclays (BARC), Unilever (ULVR), Fossil Group (FOSL), Grafton Group (GFTU) and Bank of America (BAC).

How do I buy shares of Diageo?

Shares of DGE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:DGE) was last updated on 3/28/2024 by MarketBeat.com Staff

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