STZ-B - Constellation Brands, Inc.

NYSE - Nasdaq Real-time price. Currency in USD
173.37
-3.69 (-2.08%)
At close: 10:42AM EDT
Stock chart is not supported by your current browser
Previous close177.06
Open175.73
Bid0.00 x 1800
Ask0.00 x 1400
Day's range173.37 - 175.73
52-week range107.51 - 211.39
Volume279
Avg. volume526
Market cap32.709B
Beta (5Y monthly)0.92
PE ratio (TTM)N/A
EPS (TTM)-0.06
Earnings dateN/A
Forward dividend & yield2.72 (1.54%)
Ex-dividend date04 May 2020
1y target estN/A
  • Cannabis company Canopy has a decade-long tailwind: Analyst
    Yahoo Finance

    Cannabis company Canopy has a decade-long tailwind: Analyst

    Shares of Canopy growth (CGC) are trading 30% lower since its latest quarterly results last week. However one analyst sees share as undervalued for the Canadian cannabis company which has shifted from medical to more recreational sales when that market was legalized in Canada almost two years ago. “Although we expect the medical market to shrink because of recreational legalization, we forecast more than 10% average annual growth for the entire Canadian market through 2030, driven by the conversion of black-market consumers into the legal market and new cannabis consumers,” analyst Kristoffer Inton wrote in a note to investors.

  • Could Canopy Growth Be a Millionaire-Maker Stock?
    Motley Fool

    Could Canopy Growth Be a Millionaire-Maker Stock?

    Canopy Growth (NYSE: CGC) shares aren't anywhere close to their levels in late 2018 and early 2019 as the Canadian adult-use recreational marijuana market was first launching. If Canopy can remain a top leader in the industry, it could be able to deliver more impressive gains in the future than it has in the past. There's no question that Canopy has plenty of growth opportunities.

  • GlobeNewswire

    Constellation Brands and E. & J. Gallo Further Revise Wine and Spirits Agreement in Connection With Federal Trade Commission Review Process

    Constellation’s Mission Bell facility is excluded from the transaction in response to concerns related to the production of the brands excluded from the December 2019 revised agreement. The transaction price is revised to approximately $1.03 billion, of which $250 million is an earnout based on divested brand performance over a two-year period. The transaction is expected to close in the second quarter of fiscal 2021, subject to FTC review.

  • 4 Reasons Why Canopy Growth Could Bounce Back in 2020
    Motley Fool

    4 Reasons Why Canopy Growth Could Bounce Back in 2020

    The pot stock's been struggling over the past year, but there are plenty of reasons to be optimistic about its future.

  • Constellation Brands (STZ) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Constellation Brands (STZ) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Constellation Brands (STZ) closed at $179.38, marking a +1.68% move from the previous day.

  • Better Buy: Costco vs. Constellation Brands
    Motley Fool

    Better Buy: Costco vs. Constellation Brands

    Headquartered in Victor, New York, Constellation Brands describes itself as the "fastest-growing, large consumer product goods company in the U.S. at retail." After a substantial investment in Canadian cannabis company Canopy Growth, Constellation is working toward being the leader in cannabis-infused beverages and other products. On April 3, Constellation Brands released fiscal-year 2020 results.

  • GlobeNewswire

    Constellation Brands to Present at the 2020 RBC Capital Markets Global Consumer and Retail Virtual Conference on May 27, 2020

    VICTOR, N.Y., May 20, 2020 -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial.

  • Constellation Brands (STZ) Gains As Market Dips: What You Should Know
    Zacks

    Constellation Brands (STZ) Gains As Market Dips: What You Should Know

    Constellation Brands (STZ) closed at $168.90 in the latest trading session, marking a +0.23% move from the prior day.

  • Hard seltzer sales tripled in 2019. Molson Coors is playing catch up with a secret weapon: Vitamin C
    Yahoo Finance

    Hard seltzer sales tripled in 2019. Molson Coors is playing catch up with a secret weapon: Vitamin C

    Molson Coors is launching its hard seltzer Vizzy to take on White Claw.

  • 2 Top Canopy Growth Executives Leave Company
    Motley Fool

    2 Top Canopy Growth Executives Leave Company

    Top management changes are in the cards at Canopy Growth (NYSE: CGC). The company said that its chief operating officer Andre Fernandez and chief commercial officer Dave Bigioni are no longer employed there, after mutually agreeing with Canopy Growth to depart. Both Fernandez and Bigioni were veterans of the corporate world prior to their tenures at Canopy Growth.

  • 5 Reasons Canopy Growth Still Isn't a Buy
    Motley Fool

    5 Reasons Canopy Growth Still Isn't a Buy

    The biggest marijuana stock in the world by market cap has a long way to go before it becomes investment-worthy.

  • Better Marijuana Stock to Buy: Cronos Group or Canopy Growth?
    Motley Fool

    Better Marijuana Stock to Buy: Cronos Group or Canopy Growth?

    Over the last 20 months, they have been impacted by valuation issues, a thriving black market, lower than expected demand, high inventory levels, mounting losses, health issues from the vaping scandals, and much more. The investor euphoria that surrounded cannabis stocks when Canada legalized marijuana for recreational use seems like a distant dream. The marijuana sector is still at a nascent stage and is expected to grow at a rapid pace in the upcoming decade.

  • Constellation Brands (STZ) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Constellation Brands (STZ) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Constellation Brands (STZ) closed at $164.68, marking a -0.83% move from the previous day.

  • Constellation Brands Just Upped Its Stake In Canopy Growth. Here's Why The Pot Stock Is A Buy
    Motley Fool

    Constellation Brands Just Upped Its Stake In Canopy Growth. Here's Why The Pot Stock Is A Buy

    Constellation Brands (NYSE: STZ) has given Canopy Growth (NYSE: CGC) a renewed strong vote of confidence. On May 1, the company known for its Corona beers announced that it would be exercising warrants which would give Constellation a 38.6% stake in the cannabis company. In 2018, it invested another $4 billion into Canopy Growth.

  • Better Marijuana Stock: Canopy Growth vs. Cresco Labs
    Motley Fool

    Better Marijuana Stock: Canopy Growth vs. Cresco Labs

    Which stock wins in a battle between the top Canadian cannabis producer and one of the leading U.S. cannabis operators?

  • Corona beer sales on fire during the coronavirus pandemic: Constellation Brands CEO
    Yahoo Finance

    Corona beer sales on fire during the coronavirus pandemic: Constellation Brands CEO

    Constellation Brands CEO Bill Newlands joins Yahoo Finance to discuss the state of the beer industry amidst the COVID-19 pandemic.

  • Mexico Is Running Out of Beer, But Keeps Brewing Corona For Americans
    Bloomberg

    Mexico Is Running Out of Beer, But Keeps Brewing Corona For Americans

    (Bloomberg) -- Mexico’s beer lovers have had a hard time finding stocked shelves after the government deemed the industry non-essential and ordered it shut.But Constellation Brands Inc., the company that brews Modelo brands like Corona in Mexico and sells them in the U.S. market, is continuing its operations in the country amid the coronavirus pandemic.Last week, the operator of Latin America’s largest chain of convenience stores said its Oxxo stores could run out of beer in the next 10 days as Mexican breweries run by Anheuser-Bush InBev SA’s Grupo Modelo and Heineken NV have been shut for weeks. Constellation Brands, which has two plants in northern Mexico, has kept them going.“We’ve had ongoing discussions with the Mexican government and continue to operate in compliance with the law,” said spokesman Michael McGrew in an email response to questions. The company has significantly reduced its production activities and the number of people on site at its facilities, he said.Beer production isn’t authorized under current sanitary restrictions, Deputy Health Minister Hugo Lopez-Gatell said in an April 10 news conference. Health officials declined to comment about Constellation’s ongoing production, and Labor Ministry officials didn’t immediately respond to a request for comment.President Andres Manuel Lopez Obrador declared a national health emergency at the end of March and called for a halt to non-essential activities that included most manufacturing.Under current conditions, Constellation Brands only has inventory for about 40 days, which seems insufficient for popular configurations, according to a research note by MKM analyst Bill Kirk.(Updates with no comment from government in fifth paragraph and research note in last paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • 3 Reasons Constellation Brands Just Upped Its Stake in Canopy Growth
    Motley Fool

    3 Reasons Constellation Brands Just Upped Its Stake in Canopy Growth

    Anyone thinking that Constellation Brands (NYSE: STZ) was starting to regret its multibillion-dollar investment in Canopy Growth (NYSE: CGC) just found out how far off base they were. Constellation announced on May 1 that it had exercised nearly 18.9 million warrants to buy another 5.1% of Canopy Growth's outstanding shares for $245 million Canadian, which translates to close to US$174 million. Canopy Growth has been a major drag on Constellation's financial performance every quarter since the big adult beverage company invested $4 billion in the Canadian cannabis producer in 2018.

  • Stock Market Wrap-Up: Buffett Talks Pot, but Here's Who's Buying Marijuana Stock
    Motley Fool

    Stock Market Wrap-Up: Buffett Talks Pot, but Here's Who's Buying Marijuana Stock

    The stock market had a solid day on Monday, recovering from early losses to post modest gains by the end of the session. The Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) all managed to gain ground, albeit by the slightest of margins in the case of the Dow. At the annual Berkshire Hathaway shareholder meeting, Warren Buffett talked for hours about his company, the stock market, and the American experience.

  • Weekly Cannabis Stock News: Constellation Ups the Ante on Canopy Growth
    Motley Fool

    Weekly Cannabis Stock News: Constellation Ups the Ante on Canopy Growth

    By exercising a set of warrants, the alcoholic beverages maker now holds almost 40% of the cannabis company.

  • Constellation Brands Lifts Its Stake in Canopy Growth to Nearly 40%
    Motley Fool

    Constellation Brands Lifts Its Stake in Canopy Growth to Nearly 40%

    The alcoholic beverage maker has been steadily increasing its share of the cannabis company since late 2017.

  • GlobeNewswire

    Constellation Brands Exercises Warrants to Acquire Shares in Canopy Growth, Reinforcing Confidence in Canopy Growth’s Ability to Win Long-Term in Emerging Cannabis Industry

    Constellation Brands, Inc. (“Constellation Brands”) (NYSE:STZ and STZ.B), a leading beverage alcohol company, and Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED, NYSE: CGC), a leading diversified cannabis company, today announced the exercise by Greenstar Canada Investment Limited Partnership, an indirect, wholly-owned subsidiary of Constellation Brands, of an aggregate of 18,876,901 warrants to purchase common shares of Canopy Growth. The warrants, which were originally issued on November 2, 2017, were exercised at an exercise price of C$12.9783 per common share for an aggregate of approximately C$245 million. Upon issuance, the common shares represented approximately 5.1% of the issued and outstanding common shares of Canopy Growth.

  • Should You Think About Buying Constellation Brands, Inc. (NYSE:STZ) Now?
    Simply Wall St.

    Should You Think About Buying Constellation Brands, Inc. (NYSE:STZ) Now?

    Let's talk about the popular Constellation Brands, Inc. (NYSE:STZ). The company's shares saw a significant share price...

  • Better Marijuana Stock: Canopy Growth vs. Tilray
    Motley Fool

    Better Marijuana Stock: Canopy Growth vs. Tilray

    Both cannabis companies have big-name partners. But one has a lot more of what's most important right now.