Diageo (DEO) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DEO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DEO, but not buy additional shares or sell existing shares.
View DEO analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued 12 month price objectives for Diageo's stock. Their DEO share price forecasts range from $2,920.00 to $4,500.00. On average, they anticipate the company's share price to reach $3,893.33 in the next year. This suggests a possible upside of 2,170.7% from the stock's current price.
View analysts price targets for DEO or view top-rated stocks among Wall Street analysts.

Diageo's stock was trading at $178.19 on January 1st, 2023. Since then, DEO stock has decreased by 3.8% and is now trading at $171.46.
View the best growth stocks for 2023 here.

Diageo saw a drop in short interest in July. As of July 15th, there was short interest totaling 1,480,000 shares, a drop of 8.6% from the June 30th total of 1,620,000 shares. Based on an average daily volume of 371,100 shares, the days-to-cover ratio is presently 4.0 days. Currently, 0.3% of the company's shares are short sold.
View Diageo's Short Interest.

Diageo declared a semi-annual dividend on Tuesday, August 8th. Stockholders of record on Friday, August 25th will be given a dividend of $2.5089 per share on Tuesday, October 17th. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, August 24th. This is a boost from the stock's previous semi-annual dividend of $1.43.
Read our dividend analysis for DEO.

ETFs with the largest weight of Diageo (NYSE:DEO) stock in their portfolio include Avantis Responsible International Equity ETF (AVSD) and Avantis International Equity ETF (AVDE).Dimensional International Core Equity 2 ETF (DFIC).

Diageo (NYSE:DEO) pays an annual dividend of $3.03 per share and currently has a dividend yield of 1.79%.
Read our dividend analysis for DEO.

724 employees have rated Diageo Chief Executive Officer Ivan Menezes on Glassdoor.com. Ivan Menezes has an approval rating of 94% among the company's employees. This puts Ivan Menezes in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diageo investors own include AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Walt Disney (DIS), Verizon Communications (VZ), Wells Fargo & Company (WFC), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO) and Chevron (CVX).

Diageo trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEO."

Diageo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Brown Brothers Harriman & Co. (0.20%), Confluence Investment Management LLC (0.15%), Dimensional Fund Advisors LP (0.15%), Jarislowsky Fraser Ltd (0.13%), DAVENPORT & Co LLC (0.10%) and Raymond James & Associates (0.10%).

Shares of DEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DEO stock can currently be purchased for approximately $171.46.

Diageo (NYSE:DEO) has a market capitalization of $96.37 billion and generates $17.11 billion in revenue each year.

The company employs 28,137 workers across the globe.

Diageo's mailing address is LAKESIDE DRIVE PARK ROYAL, LONDON X0, NW10 7HQ. The official website for the company is www.diageo.com. The company can be reached via phone at 442079479100, via email at investor.relations@diageo.com, or via fax at 44-20-8978-8501.