DEO - Diageo plc

NYSE - Nasdaq Real Time Price. Currency in USD
169.33
-0.46 (-0.27%)
As of 3:07PM EST. Market open.
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Previous Close169.79
Open169.66
Bid169.27 x 800
Ask169.34 x 900
Day's Range169.17 - 169.80
52 Week Range141.82 - 176.22
Volume163,040
Avg. Volume306,520
Market Cap98.67B
Beta (5Y Monthly)0.11
PE Ratio (TTM)26.44
EPS (TTM)6.40
Earnings DateN/A
Forward Dividend & Yield4.18 (2.46%)
Ex-Dividend DateAug 06, 2019
1y Target Est185.23
  • How startup Seedlip is capitalizing on the alcohol-free trend
    Yahoo Finance Video

    How startup Seedlip is capitalizing on the alcohol-free trend

    According to new IWSR research, wine consumption declined for the first time in 25 years. And a non-alcoholic spirits brand is aiming to capitalize on that trend with investor Diageo. Seedlip Founder Ben Branson joins Yahoo Finance's Zack Guzman & Kristin Myers, along with Kindur CEO Rhian Horgan to discuss.

  • Younger generations prefer wine, spirits over beer
    Yahoo Finance Video

    Younger generations prefer wine, spirits over beer

    The holidays bring about the busiest time for the $44 billion spirits industry, but it could be even busier this year thanks to the preference of millennials and gen z to drink wine and liquor instead of beer. Grey Goose's Martin de Dreuille joins Yahoo Finance to discuss the industry trends, how French tariffs could affect the brand's business, and more.

  • Century-Old Brands: Betting on Long-Lived Assets, Pt. 2
    GuruFocus.com

    Century-Old Brands: Betting on Long-Lived Assets, Pt. 2

    More iconic brands from overseas that have weathered the test of time Continue reading...

  • Love At First Sip! In A Union Of Two Pop-Culture Favorites, Smirnoff Becomes The Official Hard Seltzer Of Bachelor Nation
    PR Newswire

    Love At First Sip! In A Union Of Two Pop-Culture Favorites, Smirnoff Becomes The Official Hard Seltzer Of Bachelor Nation

    (Final) roses are red,And in a Bachelor Nation debut,Smirnoff Seltzer has a few Rosé optionsfor you!

  • Captain Morgan Comes Through For Its Crew With Free Tickets To Gasparilla For Fellow 'Morgans'
    PR Newswire

    Captain Morgan Comes Through For Its Crew With Free Tickets To Gasparilla For Fellow 'Morgans'

    The 2020 Gasparilla Pirate Fest is a good day to be a pirate – or to just be named Morgan. Captain Morgan is always looking out for its crew, and this year the spiced rum is coming through with free Gasparilla Pirate Fest Scully VIP Hospitality tickets for up to 10 'Morgans' and two members of their crew (21 or over). The VIP tickets include access to the parade route and hospitality area just south of Howard Avenue on Bayshore Boulevard with a picnic-style buffet lunch. It's the easiest plunder in the history of the high seas.

  • Is Diageo plc's (LON:DGE) CEO Pay Fair?
    Simply Wall St.

    Is Diageo plc's (LON:DGE) CEO Pay Fair?

    Ivan Menezes has been the CEO of Diageo plc (LON:DGE) since 2013. First, this article will compare CEO compensation...

  • Brown-Forman: A Well-Moated Business Riding the Global Megatrend of Premiumization
    GuruFocus.com

    Brown-Forman: A Well-Moated Business Riding the Global Megatrend of Premiumization

    Iconic brands, industry tailwind, moderate risks Continue reading...

  • Diageo (DEO) Rises 22% in a Year: Will It Sustain Momentum?
    Zacks

    Diageo (DEO) Rises 22% in a Year: Will It Sustain Momentum?

    Diageo (DEO) displays solid momentum on strong fundamentals as well as innovation and expansion initiatives.

  • Evaluating Diageo plc’s (LON:DGE) Investments In Its Business
    Simply Wall St.

    Evaluating Diageo plc’s (LON:DGE) Investments In Its Business

    Today we'll evaluate Diageo plc (LON:DGE) to determine whether it could have potential as an investment idea...

  • A Festive Warning for World's Favorite Liquor
    Bloomberg

    A Festive Warning for World's Favorite Liquor

    (Bloomberg Opinion) -- Growing up in the U.K. in the 1980s, the Christmas season was associated with particular foods and drinks. Pies made from fruit “mincemeat”; the same dried fruits cooked into Christmas pudding; grandparents passing round glasses of sherry.Believe it or not, that nostalgic memory hints at a long-term risk to the most bullish corner of the global liquor market: China’s sorghum-based firewater, baijiu.The past few years have seen extraordinary growth for baijiu makers. Kweichow Moutai Co., the maker of the most prestigious brand, overtook Diageo Plc to become the world’s biggest distiller by market capitalization in 2017. Now it’s in a whole other league, overtaking even Anheuser-Busch InBev SA and PepsiCo Inc. on that measure and within spitting distance of taking Coca-Cola Co.’s crown as the world’s largest beverage company.What’s more, this success has been built on the back not of a valuation bubble, but of relatively pedestrian assumptions about earnings. Kweichow Moutai is on a lower price-earnings multiple than Brown-Forman Corp., Davide Campari-Milano SpA and Remy Cointreau SA. Luzhou Laojiao Co. is cheaper on that measure than any major western distiller.What could possibly put a cloud on the horizon of this thriving market? The most serious looming risk is embodied in those nostalgic memories of a British Christmas: demographics.Throughout baijiu’s boom, it’s struggled to shake the perception that it’s primarily a drink for older men. Its former image as an unofficial currency of corrupt government officials has receded since a campaign against official graft in the early years of President Xi Jinping’s reign. Still, the connotations of rich older men exchanging drunken toasts remain, even if the drinkers in the stereotype are now more likely to be employed in the private than the public sector.“Many young people still think that baijiu isn't for them, that no matter the flavor, it's not a drink for the young,” according to a China Daily article this year. “Drinking baijiu is increasingly seen as a dated behavior by younger Chinese uninterested in banquets and bravado,” wrote Jing Daily, a site specializing in the Chinese luxury market.That association with oldsters is a problem Spain’s sherry industry has been enduring for several decades. In the 1970s and 1980s, exports to the U.K., the Netherlands and the U.S. boomed in an unprecedented manner, to the point that bodega conglomerate Rumasa was reported to account for as much as 2% of Spanish GDP.Since then it’s been in long-term decline. Sherry’s core consumers outside Spain have reached a more abstemious age or died out, while younger drinkers shun a product they associate with their grandparents. For all that many wine connoisseurs sing its praises and lament sherry’s fall from grace, it’s hard to see the glory days returning.This trajectory is a common one in the alcohol business, which lives and dies on the changing demographics of its consumers. One reason Japan’s brewers have been so desperate to acquire overseas businesses while Vietnamese ones have been M&A targets is that beer is drunk by thirsty workers, and Japan’s labor force is declining while Vietnam’s is rising. The same goes for clear spirits like baijiu. Its success is hard to separate from the fact that China’s population of men aged 40 to 60 increased by more than half over the past two decades, adding about 78 million people to the core baijiu-drinking market. That demographic is set to stagnate over the coming decade, though, before beginning an accelerating decline after 2030.To the extent that the industry is making any inroads with women and younger people, it’s in lower-cost, lighter-flavored “rice aroma” products where margins are tighter. The giant listed baijiu-makers specialize in the complex, higher-cost “sauce aroma” and “strong aroma” varieties such as Maotai and Luzhou Laojiao, which is quite a different product.This needn’t be the end of the world. The drinks market’s best defense against unfavorable demographics is “premiumization” — counting not on a larger number of consumers, but a small group paying more and more. Premiumization is already the strategy of the high-end listed baijiu companies, so there's no reason they can’t keep going with it.Still, chasing the luxury market is notoriously expensive in marketing terms, and baijiu makers for years have been able to rely on a product that sells itself.Major distillers typically dedicate a third or more of their revenue to selling, general and administrative costs — mostly marketing and distribution. Baijiu makers are far more thrifty, one reason their profit margins are so much fatter than those of peers. As their core demographic ages out of its drinking habit, though, they’re likely to have to spend more and more converting younger drinkers.Every cellar manager knows that liquors can get better with age, but the process of maturation has to be carefully monitored and cultivated if the precious drink isn’t to turn into drain-cleaner. Marketing departments of baijiu companies will have to be no less careful over the coming decades maintaining the shine on their storied brands. To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • George Dickel Bottled in Bond Named Whisky Advocate's "Whisky of the Year"
    PR Newswire

    George Dickel Bottled in Bond Named Whisky Advocate's "Whisky of the Year"

    Last week, Whisky Advocate announced George Dickel Bottled in Bond as the 2019 "Whisky of the Year." This recognition follows the whisky's May release and General Manager and Distiller Nicole Austin's first innovation since joining the Cascade Hollow Distilling Company in 2018.

  • Diageo North America Receives A 2019 Supply & Demand Chain Executive Green Supply Chain Award For Third Consecutive Year
    PR Newswire

    Diageo North America Receives A 2019 Supply & Demand Chain Executive Green Supply Chain Award For Third Consecutive Year

    Diageo North America, a global leader in beverage alcohol, received a 2019 Supply & Demand Chain Executive Green Supply Chain Award. Supply & Demand Chain Executive magazine covers the entire end-to-end global supply chain across vertical markets.

  • Urbem's 'Wonderful Business' Series: Diageo
    GuruFocus.com

    Urbem's 'Wonderful Business' Series: Diageo

    A moaty bet on premiumization Continue reading...

  • Smirnoff Ice Partners With Luxury Home Goods Brand Cremsiffino To Create Must-Have Gifts For This Year's Holiday Gift Exchange
    PR Newswire

    Smirnoff Ice Partners With Luxury Home Goods Brand Cremsiffino To Create Must-Have Gifts For This Year's Holiday Gift Exchange

    Dare to gift the unexpected to family and friends this holiday season! Today, Cremsiffino, the premium imported home goods brand and Smirnoff Ice, announced that they are teaming up for an out-of-the-box product collaboration that is sure to spice up your holiday white elephant parties.

  • Johnnie Walker and Funny Lady Mindy Kaling Team Up to Bring Holiday Spirits to a New Level
    PR Newswire

    Johnnie Walker and Funny Lady Mindy Kaling Team Up to Bring Holiday Spirits to a New Level

    Award-winning actress Mindy Kaling and Johnnie Walker, the number one Scotch Whisky brand in the world, have teamed up this holiday season to bring maximum cheer. Using her comedic way with words, Mindy has created original holiday messages that can be engraved on bottles of the iconic Johnnie Walker Blue Label.

  • Hedge Funds Are Betting On Diageo plc  (DEO)
    Insider Monkey

    Hedge Funds Are Betting On Diageo plc (DEO)

    Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]

  • A winemaker is wooing millennials as Americans back away from the bar
    Yahoo Finance

    A winemaker is wooing millennials as Americans back away from the bar

    David Duncan, Silver Oak Cellars CEO, told Yahoo Finance his brand is actually increasing in popularity with millennials.

  • Crown Royal Regal Apple Unveils The Royal Court At Miami Art Week
    PR Newswire

    Crown Royal Regal Apple Unveils The Royal Court At Miami Art Week

    During Miami Art Week, Crown Royal Regal Apple brought the freshness by creating and unveiling The Royal Court on Thursday, in partnership with 4X All-Star Jimmy Butler and Miami artist D'ana of COVL. The Royal Court is a beloved neighborhood basketball court which was refurbished and turned into a remarkable piece of art that the whole community will enjoy for years to come. It will bridge together the intersections of art and culture, while inspiring a fresh new wave of crisp creativity and self-expression.

  • The Zacks Analyst Blog Highlights: ExxonMobil, Starbucks, Diageo, Fidelity National Information Services and Colgate-Palmolive
    Zacks

    The Zacks Analyst Blog Highlights: ExxonMobil, Starbucks, Diageo, Fidelity National Information Services and Colgate-Palmolive

    The Zacks Analyst Blog Highlights: ExxonMobil, Starbucks, Diageo, Fidelity National Information Services and Colgate-Palmolive

  • Top Stock Reports for ExxonMobil, Starbucks & Diageo
    Zacks

    Top Stock Reports for ExxonMobil, Starbucks & Diageo

    Top Stock Reports for ExxonMobil, Starbucks & Diageo

  • Bulleit Unveils Limited-Edition Art in a Bottle Collection at Miami Art Week As Part of Frontier Works Project, Available for Purchase Today
    PR Newswire

    Bulleit Unveils Limited-Edition Art in a Bottle Collection at Miami Art Week As Part of Frontier Works Project, Available for Purchase Today

    Last night, Bulleit revealed a limited-edition Art in a Bottle Collection at the Bulleit 3D Printed Frontier Experience as part of its partnership with Red Dot Miami and Spectrum Miami during Miami Art Week. The collection is the next installment of the Bulleit Frontier Works project, where Bulleit is once again collaborating with friends on the cultural frontier to push the boundaries of their craft, this time by creating art inspired by innovation.

  • Should You Be Tempted To Sell Diageo plc (LON:DGE) Because Of Its P/E Ratio?
    Simply Wall St.

    Should You Be Tempted To Sell Diageo plc (LON:DGE) Because Of Its P/E Ratio?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • MarketWatch

    Diageo upgraded by RBC to outperform

    Diageo , the alcoholic beverage giant, was upgraded to outperform from sector perform by RBC Capital Markets. "Not only is Diageo growing revenue faster than most consumer staples companies, but it's doing so in its more highly priced, higher margin categories which bodes will for its ambition to be a reliable compounder of growth," the broker said, as it also lifted its price target to 3500 pence from 3100 pence.

  • Diageo Launches Holiday Social Media Campaign Encouraging Consumers To Never Drive Impaired
    PR Newswire

    Diageo Launches Holiday Social Media Campaign Encouraging Consumers To Never Drive Impaired

    NEW YORK, Nov. 21, 2019 /PRNewswire/ -- Diageo North America unveils its new #JOINTHEPACT social media campaign in an effort to prevent drunk driving during the holiday season and support the company's global ambition to collect 50 million pledges to never drive impaired. Leveraging hard-hitting statistics about the effects of drunk driving, underpinned by the value of "freedom" as a powerful message, the campaign encourages consumers to exercise their own right to make important life-saving choices, including a pledge to never drive impaired.

  • Move Over Pumpkin Spice - Captain Morgan Gingerbread Spiced Is Here For The Holidays
    PR Newswire

    Move Over Pumpkin Spice - Captain Morgan Gingerbread Spiced Is Here For The Holidays

    NEW YORK, Nov. 21, 2019 /PRNewswire/ -- 'Tis the season for everyone's favorite holiday treats and traditions – peppermint and poinsettias, egg nogs and yule logs, even fruitcakes and baked hams – but it's hard to think of a flavor with more power to transport someone back to their fondest holiday memories than gingerbread. With a snow-frosted cap and textured label that mimics a gingerbread cookie, Captain Morgan Gingerbread Spiced is distilled with the sweet and warming taste of gingerbread for a deliciously seasonal spiced taste that the whole crew will love. Just like any holiday indulgence, moderation is the way to go when enjoying Captain Morgan Gingerbread Spiced.