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S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches

Coca-Cola (KO) Stock Price, News & Analysis

$59.53
-0.49 (-0.82%)
(As of 03/1/2024 ET)
Today's Range
$59.34
$59.90
50-Day Range
$58.32
$61.25
52-Week Range
$51.55
$64.99
Volume
10.89 million shs
Average Volume
13.42 million shs
Market Capitalization
$256.72 billion
P/E Ratio
24.00
Dividend Yield
3.09%
Price Target
$67.00

Coca-Cola MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
12.5% Upside
$67.00 Price Target
Short Interest
Healthy
0.54% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.36
Upright™ Environmental Score
News Sentiment
0.66mentions of Coca-Cola in the last 14 days
Based on 36 Articles This Week
Insider Trading
Selling Shares
$23.64 M Sold Last Quarter
Proj. Earnings Growth
7.12%
From $2.81 to $3.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Consumer Staples Sector

43rd out of 138 stocks

Beverages Industry

3rd out of 12 stocks


KO stock logo

About Coca-Cola Stock (NYSE:KO)

The Coca-Cola Company is one of the world’s most recognized brands. Founded in 1886, the company today is vastly different from its creator's original intent. The original formula was invented by John Stith Pemberton as a health drink, energy boost, and patent medicine following his time in the Civil War. The name is derived from two of the original ingredients coca leaves and kola nuts, although those ingredients are not used today, and was intended to be sold in pharmacies.

Pemberton sold his formula and brand in 1889 to Asa Griggs Candler who then embarked on a nationwide advertising campaign. By 1895 Coca-Cola was being sold in every state in the union and it wouldn’t be long before the beverage was being enjoyed worldwide. By 1889 the company was operating under a franchised distribution system that is still in effect today.

Today, the Coca-Cola Company primarily makes syrups that are shipped to bottler/distributors who command exclusive territories. The Coca-Cola Company retains ownership of the largest US bottler, Coca-Cola Refreshments but there are many others around the world. Coca-Cola Femsa, of which The Coca-Cola Company owns 28%, is located in Mexico and is the world’s largest bottler of Coca-Cola

The Coca-Cola Company is headquartered in Atlanta, Georgia, and operates as a beverage company worldwide with sales in over 200 countries. The company manufactures, markets, and sells various nonalcoholic beverages and has expanded well beyond soda and pop. After years of expansion and acquisitions, The Coca-Cola Company is represented in verticals from sparkling soft drinks to flavored water, enhanced water, sports beverages, juice, dairy, tea, and coffee. Brands under the Coca-Cola umbrella include Fanta, Fresca, Schweppes, Sprite, Dasani, Gold Peak, Minute Maid, Simply, BODYARMOR, FUZE TEA, and Powerade brands.

The Coca-Cola Company first went public in 1919 and it began paying a dividend in 1920. The company has raised its dividend every year since 1962 making it a Dividend King. To put the company’s growth and scale into perspective, one share of KO purchased at the IPO price of $40 was worth nearly $10 million in 2012 and the stock price has nearly doubled since then. Underwriters of the original IPO received $100,000 worth of shares in compensation for the deal and were able to sell it for $2 billion at that time. The Coca-Cola Company is also a component of the Dow Jones Industrial Average holding its position from 1932 to 1935 and from 1987 to the present.

 

KO Stock Price History

KO Stock News Headlines

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Keurig Dr Pepper's NASDAQ: KDP share price fell following the Q4 results and guidance for 2024, setting up the next buying opportunity. The market is down but aligning with a bottoming pattern while the business reaches an inflection point.
Keurig-Dr Pepper stock: Time to take another sip? (KO)
Keurig Dr Pepper had a mixed quarter and gave soft guidance but forecasts growth will continue and margins widen: cash flow and capital returns are healthy.
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The Coca-Cola Company is ready to bubble higher
The Coca-Cola Company is at an inflection point and may move substantially higher in the first half of 2024 due to valuation, growth and yield.
Coca-Cola reports better-than-expected Q4 sales despite lower US demand
Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the U.S. The Atlanta-based beverage giant said Tuesday its revenue rose 7% to $10.8 billion for the October-December period
Coke hopes to excite younger drinkers with new raspberry-flavored Coca-Cola Spiced
From Flamin’ Hot Cheetos to Sweet Heat Starburst, America’s snacks are getting spicier
Coca-Cola: Top-Rated dividend stock breaks out ahead of earnings
Coca-Cola (NYSE: KO) has surged almost 8% in 3 months and now looks poised for a breakout as it surpasses short-term resistance and diverges from its key SMAs.
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.
3 Warren Buffett Stocks to Hold Forever
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Is Coca-Cola Stock a Buy Right Now?
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Last Earnings
2/13/2024
Today
3/02/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Next Earnings (Estimated)
4/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
Soft Drinks
CUSIP
19121610
Employees
79,100
Year Founded
1892

Price Target and Rating

Average Stock Price Target
$67.00
High Stock Price Target
$74.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+12.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$10.71 billion
Pretax Margin
28.31%

Debt

Sales & Book Value

Annual Sales
$45.75 billion
Cash Flow
$2.92 per share
Book Value
$6.37 per share

Miscellaneous

Outstanding Shares
4,312,456,000
Free Float
4,269,331,000
Market Cap
$256.72 billion
Optionable
Optionable
Beta
0.59

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Should I Buy Coca-Cola Stock? KO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Coca-Cola was last updated on Thursday, February 29, 2024 at 3:15 AM.

Pros

Here are some ways that investors could benefit from investing in Coke:

  • Coca-Cola has a strong global presence and brand recognition, providing stability and potential for growth in various markets.
  • The company has a diversified product portfolio, including nonalcoholic beverages like water, coffee, and tea, reducing dependency on a single product category.
  • Recent innovations in healthier beverage options and sustainability efforts align with changing consumer preferences, potentially driving future sales growth.
  • Stable dividend payments over the years make Coca-Cola an attractive option for income-oriented investors.
  • Current stock price is relatively stable, offering a potential entry point for investors seeking a reliable long-term investment.

Cons

Investors should be bearish about investing in Coke for these reasons:

  • The beverage industry is highly competitive, with increasing health concerns leading to potential shifts in consumer preferences away from sugary drinks.
  • Fluctuations in commodity prices, such as sugar and aluminum, can impact Coca-Cola's production costs and profit margins.
  • Currency exchange rate fluctuations in international markets where Coca-Cola operates can affect the company's financial performance.
  • Regulatory changes related to sugar taxes or environmental policies may pose challenges to Coca-Cola's operations and profitability.
  • Changing consumer trends towards healthier lifestyles may require continuous innovation and adaptation, adding pressure on Coca-Cola's product development and marketing strategies.














KO Stock Analysis - Frequently Asked Questions

Should I buy or sell Coca-Cola stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coca-Cola in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KO shares.
View KO analyst ratings
or view top-rated stocks.

What is Coca-Cola's stock price target for 2024?

7 Wall Street research analysts have issued 1-year target prices for Coca-Cola's stock. Their KO share price targets range from $60.00 to $74.00. On average, they expect the company's share price to reach $67.00 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price.
View analysts price targets for KO
or view top-rated stocks among Wall Street analysts.

How have KO shares performed in 2024?

Coca-Cola's stock was trading at $58.93 at the start of the year. Since then, KO stock has increased by 1.0% and is now trading at $59.53.
View the best growth stocks for 2024 here
.

When is Coca-Cola's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our KO earnings forecast
.

How were Coca-Cola's earnings last quarter?

The Coca-Cola Company (NYSE:KO) released its earnings results on Tuesday, February, 13th. The company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.01. The company earned $10.80 billion during the quarter, compared to analysts' expectations of $10.68 billion. Coca-Cola had a trailing twelve-month return on equity of 42.50% and a net margin of 23.42%. The company's revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 earnings per share.
Read the conference call transcript
.

How often does Coca-Cola pay dividends? What is the dividend yield for Coca-Cola?

Coca-Cola announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Friday, March 15th will be given a dividend of $0.485 per share on Monday, April 1st. This represents a $1.94 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.46.
Read our dividend analysis for KO
.

Is Coca-Cola a good dividend stock?

Coca-Cola (NYSE:KO) pays an annual dividend of $1.94 per share and currently has a dividend yield of 3.03%. The company has been increasing its dividend for 63 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 78.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KO will have a dividend payout ratio of 64.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KO.

What guidance has Coca-Cola issued on next quarter's earnings?

Coca-Cola issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 2.800-2.830 for the period, compared to the consensus EPS estimate of 2.810. The company issued revenue guidance of -.

What is James Quincey's approval rating as Coca-Cola's CEO?

797 employees have rated Coca-Cola Chief Executive Officer James Quincey on Glassdoor.com. James Quincey has an approval rating of 92% among the company's employees. This puts James Quincey in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Coca-Cola own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Coca-Cola investors own include AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Walt Disney (DIS), Exxon Mobil (XOM), Intel (INTC), Pfizer (PFE), Procter & Gamble (PG), Cisco Systems (CSCO) and JPMorgan Chase & Co. (JPM).

Who are Coca-Cola's major shareholders?

Coca-Cola's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.58%), Charles Schwab Investment Management Inc. (1.43%), Norges Bank (1.10%), Northern Trust Corp (0.99%), Price T Rowe Associates Inc. MD (0.94%) and Legal & General Group Plc (0.87%). Insiders that own company stock include Alfredo Rivera, Beatriz R Perez, Brian John Smith, Carolyn Everson, Henrique Braun, Herbert A Allen III, James Quincey, Jennifer K Mann, Jennifer K Mann, John Murphy, Kathy Loveless, Manuel Arroyo, Mark Randazza, Monica Howard Douglas, Nancy Quan, Nikolaos Koumettis and Stephen Furlong.
View institutional ownership trends
.

How do I buy shares of Coca-Cola?

Shares of KO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Coca-Cola have any subsidiaries?
The following companies are subsidiares of Coca-Cola: Atlantic Industries, BA Sports Nutrition LLC, BODYARMOR Sports Nutrition, Barlan Inc., Barq's, Beverage Financial Centre Unlimited Company, C.H.I. Limited, CCHBC Grouping Inc., Coca-Cola Beverages Africa, Coca-Cola Beverages Africa Proprietary Limited, Coca-Cola Beverages Company Limited, Coca-Cola Beverages Philippines Inc., Coca-Cola Beverages Vietnam Ltd., Coca-Cola Company Limited, Coca-Cola Holdings Limited, Coca-Cola Holdings UK Limited, Coca-Cola Indochina Pte Ltd, Coca-Cola Industrias Limitada —, Coca-Cola Industrias Sociedad de Responsabilidad Limitada, Coca-Cola Investment Limited, Coca-Cola Ltd., Coca-Cola Midi S.A.S., Coca-Cola Oasis LLC, Coca-Cola Overseas Parent Limited LLC, Coca-Cola Refreshments USA LLC, Coca-Cola South Asia Holdings Inc., Coca-Cola de Chile S.A., Columbia Pictures Entertainment, Costa Limited, Dulux CBAI 2003 B.V., Energy Brands Inc., European Refreshments Unlimited Company, Fairlife, Fresh Trading Limited, Fuze Beverage, Glaceau, Hindustan Coca-Cola Beverages Private Limited, Hindustan Coca-Cola Holdings Private Limited, Hindustan Coca-Cola Overseas Holdings Pte. Limited, MAA Investimentos e Participacoes Societarias Ltda, MOJO Beverages, Minute Maid, Nidan Soki, Organic & Raw Trading Co, Pacific Refreshments Pte. Ltd., Recofarma Industria do Amazonas Ltda., Red Life Reinsurance Limited, Red Re Captive Insurance Company Inc., Refreshment Product Services Inc., Servicios Integrados de Administracion y Alta Gerencia S. de R.L. de C.V., Servicios y Productos para Bebidas Refrescantes S.R.L., The Coca-Cola Export Corporation, The Coca-Cola Trading Company LLC, The Inmex Corporation, Tropico, Varoise de Concentres S.A.S., Zico, and fairlife LLC.
Read More
This page (NYSE:KO) was last updated on 3/2/2024 by MarketBeat.com Staff