NASDAQ:COKE

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

$668.77

+3.10 (+0.47%)

(As of 06/8/2023 ET)

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Today's Range: $664.69
▼
$675.00
50-Day Range: $519.85
▼
$692.23
52-Week Range: $405.03
▼
$694.20

Volume: 55,301 shs
Average Volume: 37,513 shs
Market Capitalization: $6.27 billion

P/E Ratio: 13.82
Dividend Yield: 0.30%
Price Target: N/A

Coca-Cola Consolidated MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.75% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.49
Upright™ Environmental Score
News Sentiment: 0.59
Based on 8 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.

1.38 out of 5 stars

Consumer Staples Sector

124th out of 139 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
1.75% 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 2.2, 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 0.72%, indicating that investor sentiment is improving.

0.8

Dividend Strength

Dividend Yield
Coca-Cola Consolidated has a dividend yield of 0.30%, 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 4.13%. 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.

2.0

News and Social Media Coverage

News Sentiment
Coca-Cola Consolidated has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Coca-Cola Consolidated this week, compared to 5 articles on an average week.
Search Interest
Only 16 people have searched for COKE on MarketBeat in the last 30 days. This is a decrease of -48% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Coca-Cola Consolidated to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% 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 36.33% 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 13.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Coca-Cola Consolidated is 13.82, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 16.00.
Price to Book Value per Share Ratio
Coca-Cola Consolidated has a P/B Ratio of 5.62. 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. engages in the production, marketing, and distribution of nonalcoholic beverages. Its products include sparkling and still beverages as well as energy products and noncarbonated beverages such as bottled water, tea, ready to drink coffee, enhanced water, juices, and sports drinks. It operates through the Nonalcoholic Beverages, and All Other segments. The company was founded by J. B. Harrison in 1902 and is headquartered in Charlotte, NC.

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COKE Stock News Headlines

June 1, 2023 | marketbeat.com

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monday.com Surges on Price and Volume after Blowout Results (COKE)

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June 8, 2023 | Behind the Markets (Ad)

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May 8, 2023 | marketbeat.com

Is the Market Reacting Too Negatively to Pinterest Earnings? (COKE)

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June 8, 2023 | cbsnews.com

Coca-Cola is launching a new limited-edition flavor for gamers June 12

June 8, 2023 | americanbankingnews.com

Coca-Cola Consolidated (NASDAQ:COKE) Shares Gap Down to $692.23

June 8, 2023 | msn.com

Coca-Cola Consolidated: Let's Check Results Because They're Excellent, I Say 'Buy'

June 6, 2023 | sports.yahoo.com

Coca-Cola 600 betting: Chastain undervalued; sharps buy low on Ford

June 8, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

May 31, 2023 | msn.com

Why Coca-Cola, Costco, and Starbucks Are No-Brainer Buys Right Now

May 30, 2023 | msn.com

Blaney follows Newgarden example to celebrate with Coca-Cola 600 crowd

May 29, 2023 | msn.com

Blaney follows Newgarden example to celebrate Coca-Cola 600 win with crowd

May 29, 2023 | msn.com

Coca-Cola 600 postponed until Monday due to weather, NASCAR says

May 28, 2023 | sports.yahoo.com

NASCAR 2023 Coca-Cola 600: What will happen next?

May 26, 2023 | msn.com

What to Watch: 2023 Coca-Cola 600

May 24, 2023 | businesswire.com

O’Charley’s Launches ‘$5 Pit Stop’ Promotion and NASCAR® Sweepstakes with Coca-Cola Company

May 17, 2023 | entrepreneur.com

Why Investors Are Buying Coca-Cola (COKE) This Week

May 12, 2023 | msn.com

Coca-Cola workers have health insurance back, union president says they are ready to go back on strike

May 11, 2023 | msn.com

Striking Coca-Cola workers to return to work

May 9, 2023 | yahoo.com

With truckers in demand, Coca-Cola United gives big rigs to training programs

May 9, 2023 | msn.com

Coca-Cola Consolidated workers go on strike

May 6, 2023 | americanbankingnews.com

Critical Contrast: Reed's (NYSE:REED) & Coca-Cola Consolidated (NASDAQ:COKE)

May 4, 2023 | msn.com

Coca-Cola Consolidated GAAP EPS of $12.57, revenue of $1.57B

May 4, 2023 | marketwatch.com

10-Q: COCA-COLA CONSOLIDATED, INC.

May 3, 2023 | apnews.com

Coca-Cola Bottling: Q1 Earnings Snapshot

May 3, 2023 | finance.yahoo.com

Coca-Cola Consolidated Reports First Quarter 2023 Results

May 2, 2023 | foxnews.com

Coca-Cola shareholders vote down proposal that targets pro-life states

See More Headlines

COKE Price History

30 days | 90 days | 365 days | Advanced Chart

COKE Company Calendar

Last Earnings: 11/08/2021
Ex-Dividend for 5/12 Dividend: 4/27/2023
Dividend Payable: 5/12/2023
Today: 6/08/2023
Next Earnings (Estimated): 8/01/2023
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): $48.40
Trailing P/E Ratio: 13.78
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $430.16 million
Net Margins: 7.14%
Pretax Margin: 9.54%
Return on Equity: 49.66%
Return on Assets: 14.44%

Debt

Debt-to-Equity Ratio: 0.58
Current Ratio: 1.67
Quick Ratio: 1.25

Sales & Book Value

Annual Sales: $6.37 billion
Price / Sales: 0.98
Cash Flow: $65.65 per share
Price / Cash Flow: 10.16
Book Value: $118.99 per share
Price / Book: 5.61

Miscellaneous

Outstanding Shares: 9,374,000
Free Float: 9,374,000
Market Cap: $6.25 billion
Optionable: Not Optionable
Beta: 0.91

Social Links

Key Executives

J. Frank Harrison
Chairman & Chief Executive Officer

David Michael Katz
President, Chief Operating Officer & Director

F. Scott Anthony
Chief Financial Officer & Executive Vice President

E. Beauregarde Fisher
Secretary, Executive VP & General Counsel

Morgan Harrison Everett
Vice Chairman & Senior Vice President

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 at the beginning of the year. Since then, COKE shares have increased by 30.2% and is now trading at $667.03.
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, August 1st 2023.
View our COKE earnings forecast.
How were Coca-Cola Consolidated's earnings last quarter?: Coca-Cola Consolidated, Inc. (NASDAQ:COKE) announced its earnings results on Monday, November, 8th. The company reported $10.09 EPS for the quarter, beating the consensus estimate of $7.86 by $2.23. The firm earned $1.46 billion during the quarter. Coca-Cola Consolidated had a net margin of 7.14% and a trailing twelve-month return on equity of 49.66%.
How often does Coca-Cola Consolidated pay dividends? What is the dividend yield for Coca-Cola Consolidated?: Coca-Cola Consolidated declared a quarterly dividend on Friday, April 14th. Shareholders of record on Friday, April 28th will be given a dividend of $0.50 per share on Friday, May 12th. This represents a $2.00 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, April 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 DWA Consumer Staples Momentum ETF (PSL), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Janus Henderson Small Cap Growth Alpha ETF (JSML), Hartford Multifactor Small Cap ETF (ROSC), Invesco S&P MidCap Quality ETF (XMHQ), Syntax Stratified MidCap ETF (SMDY) and First Trust Mid Cap Growth AlphaDEX Fund (FNY).
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 0.30%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.13%. 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."
Who are Coca-Cola Consolidated's major shareholders?: Coca-Cola Consolidated's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.81%), Proficio Capital Partners LLC (2.03%), Dimensional Fund Advisors LP (1.95%), State Street Corp (1.67%), Diversified Trust Co (1.59%) and AQR Capital Management LLC (1.08%).
View institutional ownership trends.
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 $667.03.
How much money does Coca-Cola Consolidated make?: Coca-Cola Consolidated (NASDAQ:COKE) has a market capitalization of $6.25 billion and generates $6.37 billion in revenue each year. The company earns $430.16 million in net income (profit) each year or $48.40 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 6/8/2023 by MarketBeat.com Staff

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