NASDAQ:COKE

Coca-Cola Consolidated (COKE) Stock Forecast, Price & News

$636.32

-7.11 (-1.11%)

(As of 09/29/2023 ET)

Compare

Today's Range: $635.25
▼
$646.77
50-Day Range: $624.05
▼
$741.60
52-Week Range: $410.06
▼
$745.53

Volume: 20,992 shs
Average Volume: 38,407 shs
Market Capitalization: $5.96 billion

P/E Ratio: 12.52
Dividend Yield: 0.31%
Price Target: N/A

Coca-Cola Consolidated MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.56% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.49
Upright™ Environmental Score
News Sentiment: 0.36
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.44 out of 5 stars

Consumer Staples Sector

125th out of 134 stocks

Bottled & Canned Soft Drinks Industry

5th out of 7 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Coca-Cola Consolidated.

4.0

Short Interest

Percentage of Shares Shorted
1.56% of the float of Coca-Cola Consolidated has been sold short.
Short Interest Ratio / Days to Cover
Coca-Cola Consolidated has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Coca-Cola Consolidated has recently decreased by 0.14%, indicating that investor sentiment is improving.

0.8

Dividend Strength

Dividend Yield
Coca-Cola Consolidated has a dividend yield of 0.31%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Coca-Cola Consolidated has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Coca-Cola Consolidated is 3.93%. This payout ratio is at a healthy, sustainable level, below 75%.

0.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Coca-Cola Consolidated has received a -82.90% net impact score from Upright. The largest negative impact of Coca-Cola Bottling Co. Consolidated in category "Physical diseases" seems to be driven mostly by its "Sugar-sweetened soft drinks", "Sugar-sweetened flavoured water", and "Energy drinks" products. See details.
Environmental Sustainability
The Environmental Impact score for Coca-Cola Consolidated is -1.49.

2.4

News and Social Media Coverage

News Sentiment
Coca-Cola Consolidated has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Coca-Cola Consolidated this week, compared to 5 articles on an average week.
Search Interest
Only 13 people have searched for COKE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
9 people have added Coca-Cola Consolidated to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Coca-Cola Consolidated insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 39.64% of the stock of Coca-Cola Consolidated is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Coca-Cola Consolidated is 12.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.10.
Price to Earnings Ratio vs. Sector
The P/E ratio of Coca-Cola Consolidated is 12.52, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.74.
Price to Book Value per Share Ratio
Coca-Cola Consolidated has a P/B Ratio of 5.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Coca-Cola Consolidated (NASDAQ:COKE) Stock

Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, such as sparling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mixes the fountain syrup with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company distributes products for various other beverage brands that include Dr Pepper and Monster Energy. It sells and distributes its products directly to grocery stores, mass merchandise stores, club stores, convenience stores, and drug stores; and restaurants, schools, amusement parks, and recreational facilities, as well as through vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina.

COKE Price History

30 days | 90 days | 365 days | Advanced Chart

COKE Stock News Headlines

September 15, 2023 | dividendstocks.com

Dividend Yield: Why it Matters (COKE)

September 8, 2023 | marketbeat.com

7 Best Blue Chip Stocks to Buy Now (COKE)

Blue-chip stocks are the stocks of well-known, high-quality industry leaders. Learn more about our top picks for the best blue chip stocks to buy now.

September 30, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

September 27, 2023 | msn.com

Coke has a new AI-generated soda flavor and people hate it so much

September 24, 2023 | seekingalpha.com

COKE: Double-Digit Upside In 2023, Looking Forward.

September 18, 2023 | insidermonkey.com

5 Countries where Pepsi or Coca-Cola is Not Sold

September 17, 2023 | msn.com

Coca-Cola: Why I'm Turning Bullish Even As Fear Strike Investors (Rating Upgrade)

September 17, 2023 | msn.com

Coca-Cola has Created a Futuristic Soft Drink Using Artificial Intelligence

September 30, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

September 16, 2023 | msn.com

The impact of a single Coca-Cola is astonishing: Here's what happens to your body in 60 minutes

September 15, 2023 | msn.com

Future flavours: Coca-Cola launches its AI-designed drink for Y3K

September 13, 2023 | yahoo.com

Coca-Cola's AI-generated soda tastes like marketing

September 13, 2023 | msn.com

Coke invites you to taste the future with AI-created mystery flavor

September 12, 2023 | forbes.com

The Bitter Aftertaste Of Coca-Cola’s ‘Neutral’ Marketing Strategy

September 11, 2023 | washingtonpost.com

UN says Colombia's coca crop at all-time high as officials promote new drug policies

September 11, 2023 | fool.com

How to Invest in Coca-Cola Stock (NYSE:KO)

September 8, 2023 | bizjournals.com

Coca-Cola bottling plant in Rancho Cucamonga slated to be demolished for expansion

September 6, 2023 | msn.com

Why doesn’t Clint Eastwood drink Coca-Cola or allow the brand to appear in his movies?

August 31, 2023 | forbes.com

Should You Pick Merck Stock Over Coca-Cola?

August 29, 2023 | msn.com

Who owns Dr Pepper? Coca Cola or Pepsi? The answer may surprise you

August 29, 2023 | theglobeandmail.com

10 Best Consumer Staples ETFs

August 17, 2023 | finance.yahoo.com

We Think Coca-Cola Consolidated (NASDAQ:COKE) Might Have The DNA Of A Multi-Bagger

August 15, 2023 | marketwatch.com

Coca-Cola Co. stock falls Tuesday, still outperforms market

August 8, 2023 | technews.tmcnet.com

Coca-Cola Beverages Florida, LLC partners with Florida Prepaid College Foundation to Launch $2.8M Scholarship Program

August 4, 2023 | markets.businessinsider.com

Deutsche Bank Remains a Buy on Coca-Cola Europacific Partners (CCEP)

August 4, 2023 | markets.businessinsider.com

Kepler Capital Remains a Hold on Coca-Cola Europacific Partners (CCEP)

August 3, 2023 | finance.yahoo.com

Coca-Cola Consolidated Inc (COKE): A Strong Contender in the Non-Alcoholic Beverage Industry ...

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COKE Company Calendar

Ex-Dividend for 8/11 Dividend: 7/27/2023
Last Earnings: 8/02/2023
Dividend Payable: 8/11/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/07/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Bottled & canned soft drinks
Sub-Industry: Soft Drinks
Sector: Consumer Staples
Current Symbol: NASDAQ:COKE
CUSIP: 19109810
CIK: 317540
Web: www.cokeconsolidated.com
Phone: (980) 392-8298
Fax: 704-551-4646
Employees: 17,000
Year Founded: 1902

Profitability

EPS (Most Recent Fiscal Year): $50.83
Trailing P/E Ratio: 12.52
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $430.16 million
Net Margins: 7.34%
Pretax Margin: 9.81%
Return on Equity: 49.77%
Return on Assets: 15.65%

Debt

Debt-to-Equity Ratio: 0.44
Current Ratio: 1.74
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $6.20 billion
Price / Sales: 0.96
Cash Flow: $67.12 per share
Price / Cash Flow: 9.48
Book Value: $118.99 per share
Price / Book: 5.35

Miscellaneous

Outstanding Shares: 9,370,000
Free Float: 9,374,000
Market Cap: $5.96 billion
Optionable: Not Optionable
Beta: 0.83

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Key Executives

Mr. J. Frank Harrison III (Age 68)
Chairman & CEO
Comp: $14.63M

Mr. Umesh M. Kasbekar (Age 65)
Consultant & Non-Exec. Vice Chairman
Comp: $450k

Mr. David Michael Katz (Age 54)
Pres, COO & Director
Comp: $4.61M

Mr. Fredrick Scott Anthony (Age 59)
Exec. VP & CFO
Comp: $2.31M

Mr. E. Beauregarde Fisher III (Age 54)
Exec. VP, Gen. Counsel & Sec.
Comp: $2.61M

Mr. Robert G. Chambless (Age 57)
Exec. VP of Franchise Beverage Operations
Comp: $2.77M

Mr. Matthew Joseph Blickley (Age 41)
Sr. VP of Financial Planning & Chief Accounting Officer

Mr. Nathaniel Brent Tollison
Sr. VP of Public Affairs, Communications & Sustainability and Assistant to the Pres

Ms. Christine A. Motherwell (Age 44)
Sr. VP of HR

Mr. Donell W. Etheridge (Age 54)
Exec. VP of Product Supply Operations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

COKE Stock - Frequently Asked Questions

How have COKE shares performed in 2023?: Coca-Cola Consolidated's stock was trading at $512.36 on January 1st, 2023. Since then, COKE shares have increased by 24.2% and is now trading at $636.32.
View the best growth stocks for 2023 here.
When is Coca-Cola Consolidated's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our COKE earnings forecast.
How were Coca-Cola Consolidated's earnings last quarter?: Coca-Cola Consolidated, Inc. (NASDAQ:COKE) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported $18.43 earnings per share (EPS) for the quarter. The company had revenue of $1.74 billion for the quarter. Coca-Cola Consolidated had a trailing twelve-month return on equity of 49.77% and a net margin of 7.34%.
How often does Coca-Cola Consolidated pay dividends? What is the dividend yield for Coca-Cola Consolidated?: Coca-Cola Consolidated announced a quarterly dividend on Friday, July 14th. Stockholders of record on Friday, July 28th will be given a dividend of $0.50 per share on Friday, August 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend is Thursday, July 27th.
Read our dividend analysis for COKE.
What ETFs hold Coca-Cola Consolidated's stock?: ETFs with the largest weight of Coca-Cola Consolidated (NASDAQ:COKE) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), SRH U.S. Quality ETF (SRHQ), American Century STOXX U.S. Quality Growth ETF (QGRO), Hartford Multifactor Small Cap ETF (ROSC), Franklin U.S. Small Cap Multifactor Index ETF (FLQS), T. Rowe Price Small-Mid Cap ETF (TMSL) and Mid Cap US Equity Select ETF (RNMC).
Is Coca-Cola Consolidated a good dividend stock?: Coca-Cola Consolidated (NASDAQ:COKE) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.31%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 3.93%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for COKE.

What is J. Frank Harrison III's approval rating as Coca-Cola Consolidated's CEO?: 581 employees have rated Coca-Cola Consolidated Chief Executive Officer J. Frank Harrison III on Glassdoor.com. J. Frank Harrison III has an approval rating of 70% among the company's employees. 53.0% of employees surveyed would recommend working at Coca-Cola Consolidated to a friend.
What other stocks do shareholders of Coca-Cola Consolidated own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Coca-Cola Consolidated investors own include AT&T (T), Intel (INTC), Coca-Cola (KO), Verizon Communications (VZ), Chevron (CVX), JPMorgan Chase & Co. (JPM), McDonald's (MCD), Netflix (NFLX), NVIDIA (NVDA) and Exxon Mobil (XOM).
What is Coca-Cola Consolidated's stock symbol?: Coca-Cola Consolidated trades on the NASDAQ under the ticker symbol "COKE."
How do I buy shares of Coca-Cola Consolidated?: Shares of COKE 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.
Compare Top Brokerages Here.
What is Coca-Cola Consolidated's stock price today?: One share of COKE stock can currently be purchased for approximately $636.32.
How much money does Coca-Cola Consolidated make?: Coca-Cola Consolidated (NASDAQ:COKE) has a market capitalization of $5.96 billion and generates $6.20 billion in revenue each year. The company earns $430.16 million in net income (profit) each year or $50.83 on an earnings per share basis.
How many employees does Coca-Cola Consolidated have?: The company employs 17,000 workers across the globe.
How can I contact Coca-Cola Consolidated?: Coca-Cola Consolidated's mailing address is 4100 COCA COLA PLAZA, CHARLOTTE NC, 28211. The official website for the company is www.cokeconsolidated.com. The company can be reached via phone at (980) 392-8298 or via fax at 704-551-4646.

This page (NASDAQ:COKE) was last updated on 9/30/2023 by MarketBeat.com Staff

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