DEO - Diageo plc

NYSE - NYSE Delayed Price. Currency in USD
162.05
+0.71 (+0.44%)
At close: 4:02PM EST
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Previous Close161.34
Open162.51
Bid0.00 x 1200
Ask0.00 x 900
Day's Range161.65 - 162.86
52 Week Range137.24 - 176.22
Volume269,719
Avg. Volume340,125
Market Cap94.435B
Beta (3Y Monthly)0.12
PE Ratio (TTM)25.30
EPS (TTM)6.40
Earnings DateN/A
Forward Dividend & Yield4.18 (2.59%)
Ex-Dividend Date2019-08-08
1y Target Est181.27
  • 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.

  • Celebrate Halloween with Captain Morgan's 'Sugar & Spice Mule'
    Yahoo Finance Video

    Celebrate Halloween with Captain Morgan's 'Sugar & Spice Mule'

    Yahoo Finance's Zack Guzman, Kristin Myers and Dealbreaker Executive Editor Thornton McEnery taste test a spooky cocktail just in time for Halloween.

  • 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.

  • 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 […]

  • 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.

  • Bloomberg

    Dan Snyder Makes a Bundle Mismanaging the Redskins

    (Bloomberg Opinion) -- It’s a grim time in Washington, and not just because of the impeachment hearings. The Washington Redskins, for decades the city’s most beloved institution, are simply awful.So far this season, they’re 1-9, and with six games left, they’ll be lucky to win another. Last Sunday they were thoroughly outplayed by the lowly New York Jets, losing 31-17. That loss prompted the Washington Post’s great sportswriter Thomas Boswell to declare that, with the Washington Nationals winning the World Series this year and the Washington Capitals the Stanley Cup in 2018, Washington no longer lives and dies by the Redskins.The game photograph that accompanied Boswell’s column showed something that has rarely been seen at Redskins games: lots and lots of empty seats.Everyone in Washington knows exactly who to blame for this state of affairs: 54-year-old billionaire owner Dan Snyder. After making his fortune with a marketing business (he eventually sold it for $2.1 billion), Snyder bought the Redskins in 1999 for $750 million. In the subsequent 20 years, they’ve had six winning seasons, eight last-place finishes, and exactly two playoff victories — and the last one was in 2005.Snyder has hired bad coaches and fired good ones. He’s made terrible free-agent signings. He would sometimes dictate to his coaches who to bench and who to play. In early October, when Snyder fired head coach Jay Gruden five games into the season, Mark Cannizzaro, the New York Post’s pro football columnist, wrote, “If the Redskins owner truly wanted what was best for his franchise, he would have fired himself.”But why would he? Despite Snyder’s 20-year record of football ineptitude, he’s made a boatload of money as the team’s owner. Last year, according to Forbes, which publishes annual rankings of sports franchises, the Redskins had $120 million in operating income(1)on $493 million in revenue. Among the 32 teams in the National Football League, only six teams earned more. Forbes also ranks the Redskins the seventh-most-valuable franchise, with an estimated valuation of $3.2 billion. (The Dallas Cowboys are ranked first with a $5.5 billion valuation.) Last year, despite another losing record, the team still rose 10% in value, according to Forbes.Which leads to the obvious question: Does it even matter whether Snyder — or any other pro football owner — has a winning team or a losing one? From a financial standpoint, the answer, plainly, is no. As the sports consultant Marc Ganis told me, “NFL teams don’t lose money.”This is in large part because the NFL has a “share the wealth” philosophy. (Or to put it the way the late Cleveland Browns owner Art Modell once did, the NFL is run “by a bunch of fat-cat Republicans who vote socialist on football.”) The NFL has multiyear, multibillion-dollar contracts with CBS, NBC, Fox, ESPN and DirecTV. That money is equally divided among the 32 teams, along with certain marketing and licensing deals negotiated by the NFL. In 2018 that pool of money amounted to $8.1 billion, or $255 million per team.The biggest expense for any team is player contracts. But don’t forget the salary cap, which places a limit on how much any NFL team can collectively pay all the players on its roster. It is currently $188.2 million. Michael Ozanian, who compiles the sports franchise rankings at Forbes, told me that when you include insurance, pensions and the like, most teams pay well over $200 million in salary-related expenses. Even so, the national TV contract alone more than covers the owners’ biggest expense.Then there’s gate revenue. In the National Basketball Association and Major League Baseball, the home team keeps all the money generated from ticket sales. In the NFL, the visiting team gets 40 percent of the gate. The Redskins, for instance, had $43 million in gross ticket sales last year, and netted $28.5 million after giving the visiting teams their cut.All told, about 75% of the revenue that a team gets comes via money that is shared among all the teams. That still means that the other 25% has to be self-generated. Here is where you would think the Redskins would have a problem, given the way they’ve alienated their fans.But you would be wrong. One of the first things Snyder did after buying the team was cut a $205 million, 27-year deal with FedEx Corp. to change the name of the team’s stadium in Landover, Maryland, from Jack Kent Cooke Stadium to FedEx Field. (Cooke owned the team from 1974 until his death in 1997.) Snyder has since plastered FedEx Field with corporate sponsorships. In 2002, he cut a deal with Diageo Plc, the big liquor company, to put billboards in FedEx Field; they were strategically located to make sure that TV cameras would have to show them.The median ticket price for a Redskins game is $235. By one estimate, when you throw in parking and food, two people will pay $567 to attend a game, the ninth-highest cost for attending a league game. Snyder charges for fans to attend preseason practices (he charges for parking, too). He has come up with all kinds of schemes to extract fees from fans: fees to cut the security line on game day, for instance, or to get season tickets ahead of people who had signed up earlier. Indeed, all those empty seats may be held by season ticket holders who decided not to bother going to the game.One area where revenue has fallen for the Redskins is their haul from premium seating and luxury suites. In 2016 and 2017, that number was around $70 million, according to league data. More recently, it has dropped to around $65 million. It is hard to know whether that’s a function of the Redskins’ losing ways or the result of the elimination of the 50% tax deduction for client entertainment expenses that was part of the 2018 tax bill (corporations have traditionally liked booking suites to entertain clients).Of course, what smart team owners understand is that the best way to field a winning team is to hire really good football minds — and get out of their way. Robert Kraft, the owner of the New England Patriots, was a meddler like Snyder in the early years of his ownership. But once he hired Bill Belichick as his head coach, he stopped getting involved in most football decisions.Twenty years in, it seems unlikely Snyder will ever learn that lesson. Redskins fans loathe him and most other NFL owners view him as a lightweight. But given the NFL’s business model, none of this matters. Most likely, Snyder will keep wrecking a once-great franchise while he keeps raking in the profits. Why should he change when there’s no consequence?(1) Forbes defines operating income as earnings before interest, taxes, depreciation and amortization.To contact the author of this story: Joe Nocera at jnocera3@bloomberg.netTo contact the editor responsible for this story: Timothy L. O'Brien at tobrien46@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Joe Nocera is a Bloomberg Opinion columnist covering business. He has written business columns for Esquire, GQ and the New York Times, and is the former editorial director of Fortune. His latest project is the Bloomberg-Wondery podcast "The Shrink Next Door."For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • You Know What Has Three Commas in It? Tres Comas Añejo Tequila and Technically, Russ Hanneman's Bank Account
    PR Newswire

    You Know What Has Three Commas in It? Tres Comas Añejo Tequila and Technically, Russ Hanneman's Bank Account

    SILICON VALLEY, Calif., Nov. 20, 2019 /PRNewswire/ -- Without risk, there can be no reward. In collaboration with HBO and Silicon Valley, Three Comma Club member Russ Hanneman has released Tres Comas Añejo Tequila, the only tequila acceptable for billionaires.

  • Do Institutions Own Diageo plc (LON:DGE) Shares?
    Simply Wall St.

    Do Institutions Own Diageo plc (LON:DGE) Shares?

    Every investor in Diageo plc (LON:DGE) should be aware of the most powerful shareholder groups. Institutions often own...

  • Diageo Sponsors International Roll Out Of Creative Equals Returner Scheme To Support 100 Women To Return To The Creative Industries
    PR Newswire

    Diageo Sponsors International Roll Out Of Creative Equals Returner Scheme To Support 100 Women To Return To The Creative Industries

    NEW YORK, Nov. 11, 2019 /PRNewswire/ -- Diageo has announced sponsorship of the Creative Equals Returner scheme #CreativeComeback for the second year, funding a multi-market roll-out to address the lack of women represented in top creative leadership roles around the world. The program will run in London, New York and Mumbai in 2020 with the objective of supporting 100 women back into the creative industries following a career break of a year or more. The expansion follows the success of the first program which saw 58 women complete the course in London and Manchester 2019, with the majority returning to the creative industries following completion.

  • Moody's

    Diageo Investment Corporation -- Moody's affirms Diageo's A3 ratings; stable outlook

    Moody's Investors Service, ("Moody's") has today affirmed the A3 long-term issuer and P-2 short-term ratings of Diageo PLC and of its guaranteed subsidiaries (together "Diageo" or "the group"). Moody's has also affirmed the A3 senior unsecured long-term rating of the debt issued by the group as well as the P-2 rating assigned to its commercial paper.

  • Diageo North America Employees Assemble 12,000 Care Packages For Deployed Military
    PR Newswire

    Diageo North America Employees Assemble 12,000 Care Packages For Deployed Military

    NORWALK, Conn., Nov. 7, 2019 /PRNewswire/ -- In an early celebration of Veteran's Day, Diageo hosted its fourth annual Military Service Appreciation Day, bringing together employees, non-profit partners and community members to show appreciation for those serving in the military. As part of the celebration and to support Crown Royal's Purple Bag Project, hundreds of employees across Diageo's sites in Miami, Florida; New York City, New York; Norwalk, Connecticut; Plainfield, Illinois; and Relay, Maryland came together to assemble 12,000 care packages for American troops serving in the armed forces. "Military Service Appreciation Day enables our people and charitable partners to come together and give back to those serving our country," said Deirdre Mahlan, President, Diageo North America.

  • Stock Up On Stock Ale: The Next Bulleit Barrel-Aged Beer From The Guinness Open Gate Brewery In Baltimore
    PR Newswire

    Stock Up On Stock Ale: The Next Bulleit Barrel-Aged Beer From The Guinness Open Gate Brewery In Baltimore

    BALTIMORE, Nov. 7, 2019 /PRNewswire/ -- Ever since its gates officially opened in 2018, the Guinness Open Gate Brewery in Baltimore has made it clear that, in addition to brewing everything from IPAs to sours to stouts, a particular focus was going to be placed on barrel-aged beers. Continuing to make good on that promise, Guinness today announces its second nationally available barrel-aged beer: Guinness Stock Ale Aged in Bulleit Bourbon Barrels. The announcement comes on International Stout Day – a holiday near and dear to the hearts of Guinness brewers in Baltimore and Dublin alike.

  • Captain Morgan With The Assist: Fellow 'Morgans' Will Get Free Tickets To The 2019 MLS Cup In Seattle
    PR Newswire

    Captain Morgan With The Assist: Fellow 'Morgans' Will Get Free Tickets To The 2019 MLS Cup In Seattle

    SEATTLE, Nov. 5, 2019 /PRNewswire/ -- The 2019 Major League Soccer (MLS) season has been nothing short of thrilling; records were broken, legends said goodbye and new stars emerged. The 2019 MLS Cup promises to cap off the year in a similar fashion, and Captain Morgan wants to help fans join the fun and experience the action up close. As an official partner of MLS and sponsor of the 2019 MLS Cup, the spiced rum is promising up to 10 'Morgans' free tickets for them and up to two friends (21 or over) to watch the Seattle Sounders take on Toronto FC at CenturyLink Field on November 10th.

  • Game of Thrones® Fans And Whisky Enthusiasts Can Now Complete Their Coveted Limited Edition Single Malt Scotch Whisky Collection With The Introduction Of The Ninth And Final Offering Fit For A King
    PR Newswire

    Game of Thrones® Fans And Whisky Enthusiasts Can Now Complete Their Coveted Limited Edition Single Malt Scotch Whisky Collection With The Introduction Of The Ninth And Final Offering Fit For A King

    NEW YORK, Nov. 5, 2019 /PRNewswire/ -- DIAGEO and HBO® are proud to introduce the final piece of the exclusive Game of Thrones Limited Edition Single Malt Scotch Whisky Collection – Six Kingdoms - Mortlach Single Malt Scotch Whisky Aged 15 Years. Inspired by the finale of HBO's iconic series, the ninth and final bottling in the Game of Thrones Limited Edition Single Malt Scotch Whisky Collection pays tribute to the fate of Westeros, whose long-held Seven Kingdoms ultimately became six at the conclusion of the show's climactic battle for the Iron Throne.

  • Cheers To Not-So-Silent Nights: Smirnoff And Laverne Cox Deck The Halls With Cocktails And Mischief In New Holiday Campaign
    PR Newswire

    Cheers To Not-So-Silent Nights: Smirnoff And Laverne Cox Deck The Halls With Cocktails And Mischief In New Holiday Campaign

    To kick off the Holiday season with fun and mischief, Smirnoff just unveiled the brand's latest campaign starring Emmy-nominated actress and LGBTQIA+ advocate Laverne Cox. The Holiday campaign, which lives across TV, digital and social, features Cox charismatically floating through a festive and over-the-top party where Smirnoff steals the show by embracing the unexpected and offering something for everyone (of legal drinking age, of course). The party features Smirnoff in unexpected ways including a festive Holiday tree made of Smirnoff No. 21 green apple martinis, a Smirnoff Kissed Caramel Moscow Mule cocktail hidden underneath a fruitcake, a beautifully wrapped bottle of Smirnoff ICE and a naughty and nice pairing – indulgent Chinese takeout and zero sugar Smirnoff Seltzer Raspberry Rosé1.

  • Johnnie Walker, The World's Number One Scotch Whisky, Unveils Vibrant New Look For Iconic Keep Walking Campaign
    PR Newswire

    Johnnie Walker, The World's Number One Scotch Whisky, Unveils Vibrant New Look For Iconic Keep Walking Campaign

    NEW YORK, Nov. 4, 2019 /PRNewswire/ -- The pioneering legacy of Johnnie Walker was built on challenging conventions and inspiring people to stretch their boundaries. Today, the brand reveals a vibrant creative world as part of its Keep Walking campaign, inviting a new generation of whisky drinkers to taste more out of life and explore the rich possibilities of their world with Johnnie Walker. Within the new campaign, created by Anomaly, Johnnie Walker comes to life through a bold new visual identity that celebrates the sensorial dynamism of its blends, conveys a range of cocktails and occasions, and breaks down traditional Scotch conventions creating a desire to discover and explore the brand in a whole new way.

  • Ambev Stock: 3 Significant Risks, 3 Reasons to Buy Anyway
    InvestorPlace

    Ambev Stock: 3 Significant Risks, 3 Reasons to Buy Anyway

    Ambev (NYSE:ABEV) stock presents a conundrum for investors. The long-term drop in the equity and the dividend may point to a potential bargain. However, political and business headwinds in Brazil point to significant challenges. Deciding whether to buy Ambev stock, investors must weigh these benefits against both the risk and their risk tolerance.Source: Anton Garin / Shutterstock.com Most Americans have few reasons to know Ambev. The Sao Paulo-based brewery is a subsidiary of Interbrew International, a subsidiary of Anheuser-Busch InBev (NYSE:BUD). For most residents of the U.S., their familiarity with the company likely revolves around Labatt Blue, a familiar brand for those who visit Canada. Outside of the Canadian connection, Ambev operates in Latin America, primarily in its home market of Brazil. 3 Notable Risks of Ambev StockThis unfamiliarity with AmBev stock likely extends to its significant risks. For one, Ambev faces ongoing political turmoil in its home country. The company is currently contending with an antitrust complaint filed by competitors in Brazil. A group of 110 resellers and distributors alleges that ABEV has used its market position to push abusive commercial policies. If found guilty, AmBev could face a fine ranging from 0.1% to 20% of its revenue.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlso, in 2015, Ambev was tied to the Operation Car Wash corruption scandal in Brazil. However, Ambev products faced a massive tax increase that year, despite charges that the firm made "inappropriate payments" to two former Brazilian presidents to prevent the hike. However, the increase went into effect despite the allegation. To Vince Martin's point, that would either point to the company's innocence or highlight how poorly the firm has mastered the art of bribery. * 7 Stocks to Buy in November Secondly, Vince Martin also makes another great point about the Brazil beer market itself. Brazil was the only one of the company's regions to decline in the first six months of the year. It also accounts for more than half of company profits. Many blame an emerging craft beer scene amid overall growth in the beer market. However, this may have begun to recover as the Brazil region saw modest revenue growth in the third quarter.Third, ABEV stock has experienced a downtrend since peaking at more than $9 per share in early 2013. After recovering to the $7.25 per share range in March 2018, the stock tanked, falling below $4 per share by the end of that year. It has spent about 18 months trading in a range and sells for around $4.30 per share as of the time of this writing.These risks increase the uncertainty surrounding ABEV stock. As of now, the company supports a forward price-earnings (PE) ratio of around 20.5. This might seem high for a company expected to post no profit growth this year and a 10.5% earnings increase in 2020. 3 Reasons to Buy ABEVHowever, ABEV stock offers some reward for the risks. First, the current dividend yield stands at 5.2%, assuming the expected 24 cent per share gets paid. The company pays a varied dividend on a non-consistent basis. It seems especially inconsistent as it has not yet made a payout in 2019.Secondly, the aforementioned 20.5 forward PE comes in much lower than the multiple for Constellation Brands (NYSE:STZ) and Diageo (NYSE:DEO). It also offers a higher dividend yield than Molson Coors (NYSE:TAP). While not the cheapest alcoholic beverage equity, it offers some unique benefits for investors willing to invest.Third, revenue also continues to hold up well. In the recent quarterly report, profits fell by 15.8% year-over-year due to higher income taxes. However, overall revenue increased by 5.9%. The only region to experience a decline was Canada, where they face more intense competition from craft beer. It also saw its highest growth in the Latin America south region, which prospers despite the economic turmoil in Argentina. Should I Buy ABEV Stock?Investors have good reasons to both avoid or take a chance on ABEV stock. The risks associated with the legal and business environment in Brazil may give investors second thoughts about buying at current levels. However, it has offered a generous, if volatile dividend. It also trades well compared to other alcoholic beverage peers. Growth in some regions also points to its resilience.As customers and Ambev adapt to the higher taxes, I expect profit growth to resume. Moreover, given the revenue growth, I expect the downward move in ABEV stock to break at some point. For those wanting a beverage stock and do not mind the risk, they should consider Ambev stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Buy-and-Hold Stocks to Play Investing's Biggest Trends * 7 Stocks to Buy in November * 5 Strong Buy Stocks Under $5 With Massive Upside Potential The post Ambev Stock: 3 Significant Risks, 3 Reasons to Buy Anyway appeared first on InvestorPlace.