Molson Coors Beverage (NYSE:TAP) Releases FY 2025 Earnings Guidance

Key Points

• Molson Coors Beverage has updated its FY 2025 earnings guidance, projecting EPS of 5.360-5.540, which is below the consensus estimate of 5.961.
• The company reported a quarterly earnings per share of $2.05, exceeding expectations, while also announcing a quarterly dividend of $0.47 per share with a yield of 3.8%.
• In trading, Molson Coors stock rose 0.8% to $48.99, with a market cap of approximately $9.90 billion and a consensus rating of "Hold" from analysts.

Molson Coors Beverage (NYSE:TAP - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 5.360-5.540 for the period, compared to the consensus EPS estimate of 5.961. The company issued revenue guidance of $11.2 billion-$11.3 billion, compared to the consensus revenue estimate of $11.4 billion.

Molson Coors Beverage Stock Up 0.8%

TAP stock traded up $0.38 during trading on Tuesday, reaching $48.99. 3,188,777 shares of the stock were exchanged, compared to its average volume of 2,447,224. The firm's 50 day moving average is $50.21 and its 200 day moving average is $55.28. The firm has a market cap of $9.90 billion, a P/E ratio of 9.88, a price-to-earnings-growth ratio of 2.92 and a beta of 0.67. The company has a current ratio of 0.89, a quick ratio of 0.59 and a debt-to-equity ratio of 0.46. Molson Coors Beverage has a twelve month low of $46.94 and a twelve month high of $64.66.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.15. Molson Coors Beverage had a net margin of 7.74% and a return on equity of 8.59%. During the same quarter in the prior year, the business earned $1.92 EPS. The business's quarterly revenue was down 1.6% on a year-over-year basis. As a group, research analysts forecast that Molson Coors Beverage will post 6.35 EPS for the current year.

Molson Coors Beverage Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Friday, September 5th will be issued a dividend of $0.47 per share. The ex-dividend date is Friday, September 5th. This represents a $1.88 annualized dividend and a yield of 3.8%. Molson Coors Beverage's payout ratio is 37.83%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Roth Capital set a $71.00 price objective on shares of Molson Coors Beverage and gave the stock a "buy" rating in a research report on Tuesday, May 20th. Barclays cut their price objective on shares of Molson Coors Beverage from $57.00 to $53.00 and set an "equal weight" rating for the company in a report on Tuesday, July 15th. Sanford C. Bernstein cut their target price on Molson Coors Beverage from $65.00 to $55.00 and set a "market perform" rating for the company in a research note on Wednesday, July 9th. UBS Group lowered their target price on shares of Molson Coors Beverage from $59.00 to $53.00 and set a "neutral" rating on the stock in a research note on Thursday, July 17th. Finally, Morgan Stanley reduced their price target on shares of Molson Coors Beverage from $63.00 to $58.00 and set an "equal weight" rating for the company in a research report on Friday, May 9th. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $58.87.

Insider Transactions at Molson Coors Beverage

In other news, Director Geoffrey E. Molson sold 1,333 shares of the business's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $56.29, for a total value of $75,034.57. Following the transaction, the director owned 27,595 shares of the company's stock, valued at approximately $1,553,322.55. The trade was a 4.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.71% of the company's stock.

Hedge Funds Weigh In On Molson Coors Beverage

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Woodline Partners LP grew its position in Molson Coors Beverage by 38.7% during the first quarter. Woodline Partners LP now owns 14,546 shares of the company's stock valued at $885,000 after buying an additional 4,056 shares during the period. United Services Automobile Association acquired a new position in Molson Coors Beverage in the 1st quarter valued at about $215,000. Caxton Associates LLP purchased a new stake in shares of Molson Coors Beverage during the 1st quarter valued at approximately $202,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company's stock worth $49,000 after purchasing an additional 198 shares during the period. Hedge funds and other institutional investors own 78.46% of the company's stock.

About Molson Coors Beverage

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.

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