Should I buy or sell Diageo stock right now?

5 Wall Street equities research 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 equities research 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 shares. Their DGE share price targets range from GBX 2,500 to GBX 3,600. On average, they anticipate the company's stock price to reach GBX 3,180 in the next year. This suggests a possible upside of 14.8% 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 start of the year. Since then, DGE shares have decreased by 3.0% and is now trading at GBX 2,770. View the best growth stocks for 2024 here .

How were Diageo's earnings last quarter?

Diageo plc (LON:DGE) released its quarterly earnings data on Thursday, January, 31st. The company reported $77.00 EPS for the quarter, beating the consensus estimate 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 dividend 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 2.92%. The dividend payout ratio is 5,436.24%. 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 .

LON:DGE

Diageo (DGE) Share Price, News & Analysis

→ REVEALED: Elon Musk’s Secret A.I. Facility? (From InvestorPlace) (Ad)

Free DGE Stock Alerts

GBX 2,746

-24.00 (-0.87%)

(As of 04:32 AM ET)

Compare

Today's Range: 2,744
▼
2,772.82
50-Day Range: 2,770
▼
3,027
52-Week Range: 2,676
▼
3,779.50

Volume: 464,638 shs
Average Volume: 3.49 million shs
Market Capitalization: £61.24 billion

P/E Ratio: 1,842.95
Dividend Yield: 2.95%
Price Target: GBX 3,180

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades Sustainability

Get Diageo alerts:

Diageo MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 14.8% Upside
GBX 3,180 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.84
Upright™ Environmental Score
News Sentiment: 1.03
Based on 12 Articles This Week
Insider Trading: Acquiring Shares
£2.84 M 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.

0.76 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Diageo has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Diageo has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for DGE.

0.8

Dividend Strength

Dividend Yield
Diageo pays a meaningful dividend of 2.92%, 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 5,436.24%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Diageo has received a -246.35% net impact score from Upright. The largest negative impact of Diageo in category "Physical diseases" seems to be driven mostly by its "Vodka", "Beer", "Tequila", "Brandy", and "Whiskey" products. See details.
Environmental Sustainability
The Environmental Impact score for Diageo is -1.84.

3.4

News and Social Media Coverage

News Sentiment
Diageo has a news sentiment score of 1.03. 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 is a higher news sentiment than the 0.31 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Diageo this week, compared to 3 articles on an average week.
Search Interest
2 people have searched for DGE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Diageo to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Diageo insiders have bought more of their company's stock than they have sold. Specifically, they have bought £28,398.92 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 0.13% of the stock of Diageo is held by insiders.
Percentage Held by Institutions
62.42% of the stock of Diageo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Diageo is 1,859.06, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Diageo is 1,859.06, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 242.55.
Price to Earnings Growth Ratio
Diageo has a PEG Ratio of 1.64. 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 6.34. 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

Ad InvestorPlace

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

Click here to see the details.

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

30 days | 90 days | 365 days | Advanced Chart

DGE Stock News Headlines

April 11, 2024 | insidertrades.com

Diageo plc (LON:DGE) Insider Acquires £141.50 in Stock

April 10, 2024 | insidertrades.com

Karen Blackett Purchases 702 Shares of Diageo plc (LON:DGE) Stock

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 15, 2024 | msn.com

2 FTSE 100 stocks I’d put 100% of my money in for passive income

April 14, 2024 | msn.com

With 10 years to retirement, here’s what I’d do to start earning passive income

April 12, 2024 | msn.com

Collapsing by up to 64% in a year, here are the FTSE 100’s dogs!

April 12, 2024 | msn.com

Down 23% in a year! Can the Diageo share price regain £30 in 2024?

April 11, 2024 | finance.yahoo.com

Bulleit Frontier Whiskey 12-Year-Old Rye returns after five years

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 10, 2024 | americanbankingnews.com

Diageo plc (LON:DGE) Insider Karen Blackett Purchases 702 Shares of Stock

April 8, 2024 | finance.yahoo.com

BALCONES DISTILLING CELEBRATES THE SOLAR ECLIPSE WITH LAUNCH OF MIRADOR ECLIPSE AMERICAN SINGLE MALT

April 7, 2024 | msn.com

How I’d build a second income for £8 a day

April 5, 2024 | msn.com

2 superb FTSE 100 shares I’d buy before the next bull market!

April 4, 2024 | finance.yahoo.com

SEAGRAM'S 7 CROWN AMERICAN BLENDED WHISKEY PARTNERS WITH AMERICAN CORNHOLE LEAGUE AS OFFICIAL WHISKEY SPONSOR

April 4, 2024 | msn.com

UK's FTSE 100 pressured by stronger pound; miners climb

April 3, 2024 | msn.com

£10,000 in savings? This dividend growth stock could return £1,000 a year in passive income

April 1, 2024 | msn.com

The ISA deadline’s approaching fast. Here are 3 things to do now

March 26, 2024 | msn.com

This stock that Warren Buffett owns recently hit 52-week lows. Should I buy it?

March 22, 2024 | msn.com

3 of the best FTSE 100 stocks I’d buy as a beginner investor

March 19, 2024 | uk.finance.yahoo.com

Is the Diageo share price coiled to rebound?

March 19, 2024 | msn.com

Diageo says John Manzoni to replace Ferran as chairperson

March 18, 2024 | msn.com

Does the beaten-down Diageo share price make it a no-brainer buy?

March 6, 2024 | nasdaq.com

FOCUS-Challenging China's national drink is tall order for Western liquor makers

March 4, 2024 | tmcnet.com

DIAGEO ANNOUNCES ITS FIRST EXPERIENCE WITH APPLE VISION PRO TO BRING TEQUILA CULTURE TO FANS AROUND THE WORLD

February 28, 2024 | msn.com

These 2 shares are Dividend Aristocrats. Which should I buy this March?

February 24, 2024 | investing.com

Analysis-Beer time? Investors tempted by brewers as spirits sales falter

February 23, 2024 | nasdaq.com

Beer time? Investors tempted by brewers as spirits sales falter

See More Headlines

Receive DGE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Diageo and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 1/31/2019
Ex-Dividend for 4/17 Dividend: 2/29/2024
Today: 4/15/2024
Dividend Payable: 4/17/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Consumer Defensive
Industry: Beverages - Wineries & Distilleries
Sub-Industry: N/A
Current Symbol: LON:DGE
CUSIP: N/A
CIK: N/A
Web: www.diageo.com
Phone: +44-20-89786000
Fax: N/A
Employees: 30,269
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 3,180
High Stock Price Target: GBX 3,600
Low Stock Price Target: GBX 2,500
Potential Upside/Downside: +14.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 1.49
Trailing P/E Ratio: 1,858.63
Forward P/E Ratio: 14.87
P/E Growth: 1.64
Net Income: £4.26 billion
Net Margins: 19.67%
Pretax Margin: N/A
Return on Equity: 36.41%
Return on Assets: 8.63%

Debt

Debt-to-Equity Ratio: 190.59
Current Ratio: 1.58
Quick Ratio: 0.62

Sales & Book Value

Annual Sales: £21.64 billion
Price / Sales: 2.85
Cash Flow: GBX 77.01 per share
Price / Cash Flow: 35.96
Book Value: GBX 437 per share
Price / Book: 6.34

Miscellaneous

Outstanding Shares: 2,230,000,000
Free Float: N/A
Market Cap: £61.76 billion
Optionable: Not Optionable
Beta: 0.32

A Guide To High-Short-Interest Stocks

MarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy Diageo Stock? DGE Pros and Cons Explained

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 industry.
The company offers a variety of well-known brands like Johnnie Walker, Guinness, and Smirnoff, which have strong market presence and consumer loyalty.
Diageo plc operates in multiple countries globally, allowing for geographical diversification and exposure to different markets.
With a history dating back to 1886, Diageo plc has a long-standing reputation and experience in the alcoholic beverages industry.
Current stock price of Diageo plc reflects a stable performance and potential for growth in the future.

Cons

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

Regulatory changes in the alcoholic beverages industry could impact Diageo plc's operations and profitability.
Economic downturns or fluctuations in consumer preferences may affect the demand for Diageo plc's products.
Competition within the alcoholic beverages market is intense, leading to potential pricing pressures and market share challenges for Diageo plc.
Currency exchange rate fluctuations can impact Diageo plc's international operations and financial performance.
Changes in global trade policies or geopolitical tensions may pose risks to Diageo plc's supply chain and distribution networks.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Diageo pros and cons to contact@marketbeat.com.

DGE Stock Analysis - Frequently Asked Questions

Should I buy or sell Diageo stock right now?: 5 Wall Street equities research 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 equities research 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 shares. Their DGE share price targets range from GBX 2,500 to GBX 3,600. On average, they anticipate the company's stock price to reach GBX 3,180 in the next year. This suggests a possible upside of 14.8% 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 start of the year. Since then, DGE shares have decreased by 3.0% and is now trading at GBX 2,770.
View the best growth stocks for 2024 here.
How were Diageo's earnings last quarter?: Diageo plc (LON:DGE) released its quarterly earnings data on Thursday, January, 31st. The company reported $77.00 EPS for the quarter, beating the consensus estimate 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 dividend 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 2.92%. The dividend payout ratio is 5,436.24%. 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 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Diageo (DGE) Share Price, News & Analysis

Diageo MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Diageo Stock (LON:DGE)

DGE Stock Price History

DGE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy Diageo Stock? DGE Pros and Cons Explained

Pros

Cons

DGE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™