Definitive Analysis
Definitive Analysis

Get Full Access

See Pricing Start Free Trial

Constellation Brands, Inc. (STZ)

Company Dividend Discount ModelIndustry: Beverages - Wineries & DistilleriesSector: Consumer Defensive

Valuation Snapshot

Stable Growth$79.97 - $132.12$103.09
Multi-Stage$98.36 - $107.49$102.84
Blended Fair Value$102.96
Current Price$151.26
Upside-31.93%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS5.15%0.00%4.093.653.293.203.213.183.122.241.761.35
YoY Growth--11.93%11.25%2.57%-0.35%1.02%2.06%39.39%26.98%30.42%0.00%
Dividend Yield--2.29%1.46%1.35%1.30%1.35%1.84%1.77%1.00%0.96%0.88%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,222.70
(-) Cash Dividends Paid (M)724.30
(=) Cash Retained (M)498.40
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)244.54152.8491.70
Cash Retained (M)498.40498.40498.40
(-) Cash Required (M)-244.54-152.84-91.70
(=) Excess Retained (M)253.86345.56406.70
(/) Shares Outstanding (M)178.90178.90178.90
(=) Excess Retained per Share1.421.932.27
LTM Dividend per Share4.054.054.05
(+) Excess Retained per Share1.421.932.27
(=) Adjusted Dividend5.475.986.32
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate2.12%3.12%4.12%
Fair Value$79.97$103.09$132.12
Upside / Downside-47.13%-31.85%-12.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,222.701,260.801,300.091,340.601,382.371,425.451,468.21
Payout Ratio59.24%65.39%71.54%77.70%83.85%90.00%92.50%
Projected Dividends (M)724.30824.44930.121,041.581,159.081,282.901,358.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate2.12%3.12%4.12%
Year 1 PV (M)748.36755.69763.02
Year 2 PV (M)766.37781.45796.68
Year 3 PV (M)779.01802.12825.69
Year 4 PV (M)786.90818.18850.38
Year 5 PV (M)790.58830.06871.10
PV of Terminal Value (M)13,724.5214,409.8215,122.22
Equity Value (M)17,595.7518,397.3319,229.09
Shares Outstanding (M)178.90178.90178.90
Fair Value$98.36$102.84$107.49
Upside / Downside-34.98%-32.01%-28.94%

High-Yield Dividend Screener

« Prev Page 16 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
HWBKHawthorn Bancshares, Inc.2.27%$0.7724.18%
UTMDUtah Medical Products, Inc.2.27%$1.2835.35%
DKSDICK'S Sporting Goods, Inc.2.26%$4.5238.61%
EMLThe Eastern Company2.26%$0.4437.05%
SBCFSeacoast Banking Corporation of Florida2.26%$0.7143.09%
WMKWeis Markets, Inc.2.26%$1.4535.88%
0JYA.LMarathon Petroleum Corporation2.25%$3.7274.60%
FSBCFive Star Bancorp2.25%$0.8029.79%
IBMInternational Business Machines Corporation2.25%$6.5678.75%
0KYZ.LSBA Communications Corporation2.24%$4.3254.40%
BPOPPopular, Inc.2.24%$2.8224.06%
MFINMedallion Financial Corp.2.24%$0.2312.50%
MSMorgan Stanley2.24%$4.0740.12%
FXNCFirst National Corporation2.23%$0.5586.28%
BACBank of America Corporation2.22%$1.2431.97%
SSBSouthState Corporation2.22%$2.0930.58%
VLGEAVillage Super Market, Inc.2.22%$0.7720.42%
WWWWolverine World Wide, Inc.2.22%$0.4137.79%
CCBGCapital City Bank Group, Inc.2.21%$0.9326.22%
CGThe Carlyle Group Inc.2.20%$1.3476.25%
NHINational Health Investors, Inc.2.20%$1.6954.58%
VNOVornado Realty Trust2.20%$0.7315.58%
BANCBanc of California, Inc.2.19%$0.4332.44%
EBTCEnterprise Bancorp, Inc.2.19%$0.8726.66%
RHPRyman Hospitality Properties, Inc.2.19%$2.0957.31%
CDPCOPT Defense Properties2.18%$0.6045.15%
FDSFactSet Research Systems Inc.2.18%$6.2039.64%
ISBAIsabella Bank Corporation2.18%$1.1044.52%
WHWyndham Hotels & Resorts, Inc.2.18%$1.6437.28%
EFSCEnterprise Financial Services Corp2.17%$1.1722.34%
ETHGrayscale Ethereum Mini Trust2.17%$0.6434.57%
SEMSelect Medical Holdings Corporation2.17%$0.3236.19%
BFSTBusiness First Bancshares, Inc.2.16%$0.5620.21%
CWBCCommunity West Bancshares2.16%$0.4826.89%
EHTHeHealth, Inc.2.16%$0.095.60%
TPLTexas Pacific Land Corporation2.16%$6.4231.02%
CBSHCommerce Bancshares, Inc.2.15%$1.1226.40%
COLMColumbia Sportswear Company2.15%$1.2035.55%
HTHHilltop Holdings Inc.2.15%$0.7328.46%
NATHNathan's Famous, Inc.2.15%$1.9835.76%
RCKYRocky Brands, Inc.2.15%$0.6222.50%
BDXBecton, Dickinson and Company2.14%$4.1771.28%
CICigna Corporation2.14%$5.9626.01%
FBIZFirst Business Financial Services, Inc.2.14%$1.1518.19%
JBSSJohn B. Sanfilippo & Son, Inc.2.14%$1.4926.50%
JNPRJuniper Networks, Inc.2.14%$0.8682.37%
POOLPool Corporation2.14%$4.9244.68%
CSCOCisco Systems, Inc.2.13%$1.6262.56%
CSTRCapStar Financial Holdings, Inc.2.13%$0.4330.48%
HTLFHeartland Financial USA, Inc.2.13%$1.3869.73%