Constellation Brands Reports Fiscal 2026 Results, Raises Dividend
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Constellation Brands ( (STZ) ) just unveiled an update.
On April 8, 2026, Constellation Brands reported its fiscal 2026 results and declared a quarterly cash dividend of $1.03 per share for Class A Common Stock and $0.93 per share for Class 1 Convertible Common Stock, payable May 14, 2026 to shareholders of record on April 29, 2026. For fiscal 2026, the company posted net sales of $9.1 billion, reported EPS of $9.61 and comparable EPS of $11.82, generated $2.7 billion in operating cash flow and $1.8 billion in free cash flow, returned more than $1.6 billion to shareholders mainly via $924 million in buybacks, and saw its Beer Business remain the top dollar share gainer in U.S. tracked channels despite modest shipment and depletion declines and margin pressure from lower volumes and higher aluminum costs.
In the fourth quarter ended February 28, 2026, Constellation’s beer segment delivered net sales growth of just over 1% and depletion growth of 0.6%, with strength in Pacifico and Victoria offsetting softer trends in Modelo Especial and Corona Extra, while the remaining Wine & Spirits portfolio outperformed the broader wine category and achieved more than 8% depletion growth. Management highlighted disciplined execution in a challenging environment, maintained investment‑grade leverage near 3x, modestly raised the dividend, and continued capacity investments in modular brewing, signaling an intent to support long‑term beer growth and sustain shareholder returns even as overall annual net sales and operating margins declined year over year.
The most recent analyst rating on (STZ) stock is a Hold with a $151.00 price target. To see the full list of analyst forecasts on Constellation Brands stock, see the STZ Stock Forecast page.
Spark’s Take on STZ Stock
According to Spark, TipRanks’ AI Analyst, STZ is a Neutral.
Score is driven by solid financial quality (strong margins and cash generation) and supportive technical momentum (price above major moving averages with positive MACD). The rating is held back by inconsistent earnings/leverage across periods, near-term volume and margin pressures highlighted on the earnings call, and a relatively high P/E despite a moderate dividend yield.
To see Spark’s full report on STZ stock, click here.
More about Constellation Brands
Constellation Brands, Inc. is a beverage alcohol company with a primary focus on the U.S. beer, wine, and spirits markets. Its portfolio includes leading imported beer brands such as Modelo and Corona, along with a streamlined wine and spirits business that targets higher-performing labels following recent divestitures in that segment.
Average Trading Volume: 2,203,643
Technical Sentiment Signal: Sell
Current Market Cap: $26.68B
For an in-depth examination of STZ stock, go to TipRanks’ Overview page.
