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

Coca-Cola Consolidated's stock was trading at $512.36 at the beginning of the year. Since then, COKE shares have increased by 4.5% and is now trading at $535.26.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our COKE earnings forecast.

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) issued its quarterly earnings data on Monday, November, 8th. The company reported $10.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.86 by $2.23. The business had revenue of $1.46 billion for the quarter. Coca-Cola Consolidated had a trailing twelve-month return on equity of 47.62% and a net margin of 6.94%.

Coca-Cola Consolidated announced a quarterly dividend on Wednesday, December 7th. Stockholders of record on Friday, January 27th will be given a dividend of $3.50 per share on Friday, February 10th. This represents a $14.00 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date is Thursday, January 26th. This is an increase from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for COKE.

ETFs with the largest weight of Coca-Cola Consolidated (NASDAQ:COKE) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Janus Henderson Small Cap Growth Alpha ETF (JSML), Invesco S&P MidCap Quality ETF (XMHQ), Hartford Multifactor Small Cap ETF (ROSC), First Trust Mid Cap Growth AlphaDEX Fund (FNY), Syntax Stratified MidCap ETF (SMDY) and Franklin U.S. Small Cap Multifactor Index ETF (FLQS).

Coca-Cola Consolidated (NASDAQ:COKE) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.38%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.37%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for COKE.

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.

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).

Coca-Cola Consolidated trades on the NASDAQ under the ticker symbol "COKE."

Coca-Cola Consolidated's stock is owned by many different retail and institutional investors. Top institutional investors include T. Rowe Price Investment Management Inc. (3.09%), Dimensional Fund Advisors LP (1.95%), Diversified Trust Co (1.59%), Price T Rowe Associates Inc. MD (1.07%), Geode Capital Management LLC (0.97%) and AQR Capital Management LLC (0.72%).
View institutional ownership trends.

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.
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One share of COKE stock can currently be purchased for approximately $535.26.

Coca-Cola Consolidated (NASDAQ:COKE) has a market capitalization of $5.02 billion and generates $6.20 billion in revenue each year. The company earns $430.16 million in net income (profit) each year or $45.77 on an earnings per share basis.

The company employs 17,000 workers across the globe.

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.