S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
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Powerball jackpot rises to $1.04 billion after another drawing without a big winner
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66,000% upside on tiny biotech? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
66,000% upside on tiny biotech? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
66,000% upside on tiny biotech? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
66,000% upside on tiny biotech? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Followed 111 TimesTop Followed
NYSE:KO

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

$55.98
+0.17 (+0.30%)
(As of 09/29/2023 ET)
Compare
Today's Range
$55.62
▼
$56.27
50-Day Range
$55.81
▼
$63.07
52-Week Range
$54.01
▼
$64.99
Volume
12.27 million shs
Average Volume
14.91 million shs
Market Capitalization
$242.08 billion
P/E Ratio
23.04
Dividend Yield
3.29%
Price Target
$68.33
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Coca-Cola MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
22.1% Upside
$68.33 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
0.87mentions of Coca-Cola in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$19.47 M Sold Last Quarter
Proj. Earnings Growth
7.22%
From $2.63 to $2.82 Per Share

Overall MarketRank™

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

2.38 out of 5 stars

Consumer Staples Sector

63rd out of 135 stocks

Beverages Industry

5th out of 12 stocks

See Top Rated MarketRank™ Stocks Here

KO stock logo

About Coca-Cola (NYSE:KO) Stock

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 Price History

KO Stock News Headlines

September 26, 2023 | marketbeat.com
3 Warren Buffett Stocks that are Moving into the Buy Zone (KO)
Even Buffett stocks have not been immune from the recent market sell-off which creates an opportunity in these three stocks which are trading at a discount
September 20, 2023 | marketbeat.com
5 NYSE-Listed Emerging Market Stocks For Income Investors (KO)
Emerging markets could be spotlighted in 2024 due to outsized growth; here are 5 emerging market stocks that pay dividends and trade on US exchanges
October 1, 2023 | Goldco (Ad)
Ben Stein FREE Report: How Americans Are RUINING Retirement
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September 15, 2023 | dividendstocks.com
Dividend Yield: Why it Matters (KO)
September 15, 2023 | marketbeat.com
Name A Better Trio Than These Underrated High Potential Stocks (KO)
The deal of the decade came before Christmas for investors looking to get high growth for very little risk. Analysts agree that this master play is worth a shot
September 12, 2023 | marketbeat.com
High Yield, Low Beta Stocks to Buy for the Next Market Meltdown
The market is set up for a fall, and it may start soon, as soon as the CPI data is released. These low-beta stocks are poised to outperform and pay dividends
September 8, 2023 | marketbeat.com
7 Best Blue Chip Stocks to Buy Now (KO)
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 29, 2023 | finance.yahoo.com
The Coca-Cola Company (NYSE:KO) Shares Could Be 25% Below Their Intrinsic Value Estimate
October 1, 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.
September 26, 2023 | finance.yahoo.com
Coca-Cola (KO) Stock Moves -0.82%: What You Should Know
September 26, 2023 | seekingalpha.com
Coca-Cola: Consider This Dividend Stabilizer For Your Portfolio
September 25, 2023 | investing.com
Coca-Cola Co DRC (KO)
September 25, 2023 | msn.com
3M, Coca-Cola share losses lead Dow's 88-point drop
September 25, 2023 | benzinga.com
Why Coca-Cola Stock Is Moving
September 24, 2023 | finance.yahoo.com
Big Hedge Fund Bets on Exxon, Domino’s, and Coke Stock
September 22, 2023 | finance.yahoo.com
1 No-Brainer Dividend Stock to Buy for Less Than $60
September 22, 2023 | finance.yahoo.com
The Coca-Cola Company Announces Timing of Third Quarter 2023 Earnings Release
September 22, 2023 | americanbankingnews.com
James Quincey Sells 92,029 Shares of The Coca-Cola Company (NYSE:KO) Stock
September 21, 2023 | seekingalpha.com
The Unfizzing Pop: Coca-Cola's Stock Underperformance (Rating Downgrade)
September 21, 2023 | msn.com
Coca-Cola Short Seller Says Dominance Fizzles In Face Of Bubbly Upstarts, Weight Loss Drugs
September 21, 2023 | stocknews.com
Coca-Cola (KO) and 2 More Beverage Stocks – Buy or Sell?
September 21, 2023 | finance.yahoo.com
Return Trends At Coca-Cola (NYSE:KO) Aren't Appealing
September 21, 2023 | benzinga.com
Coca-Cola Chairman and CEO Acquires 92,029 Shares After Exercising Company Stock Options
September 21, 2023 | finance.yahoo.com
3 Beaten-Down Dow Stocks to Buy Before They Pop
September 21, 2023 | finance.yahoo.com
Prediction: This Is Where Coca-Cola Stock Could Be in 5 Years
September 20, 2023 | msn.com
Coca-Cola: Economic Castle Continues To Grow, With $106.1B In Brand Value (Rating Upgrade)
September 19, 2023 | benzinga.com
This Is What Whales Are Betting On Coca-Cola
See More Headlines
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KO Company Calendar

Ex-Dividend for 7/3 Dividend
6/15/2023
Dividend Payable
7/03/2023
Last Earnings
7/26/2023
Ex-Dividend for 10/2 Dividend
9/14/2023
Today
10/01/2023
Dividend Payable
10/02/2023
Next Earnings (Confirmed)
10/24/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Beverages
Sub-Industry
Soft Drinks
Sector
Consumer Staples
Current Symbol
NYSE:KO
CUSIP
19121610
CIK
21344
Web
www.coca-colacompany.com
Phone
(404) 676-2121
Fax
404-676-6792
Employees
82,500
Year Founded
1892

Price Target and Rating

Average Stock Price Forecast
$68.33
High Stock Price Forecast
$74.00
Low Stock Price Forecast
$59.00
Forecasted Upside/Downside
+22.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$2.43
Trailing P/E Ratio
23.04
Forward P/E Ratio
21.29
P/E Growth
3.27
Net Income
$9.54 billion
Net Margins
23.81%
Pretax Margin
29.17%
Return on Equity
43.06%
Return on Assets
11.83%

Debt

Debt-to-Equity Ratio
1.29
Current Ratio
1.14
Quick Ratio
0.95

Sales & Book Value

Annual Sales
$43.00 billion
Price / Sales
5.63
Cash Flow
$2.80 per share
Price / Cash Flow
20.01
Book Value
$5.97 per share
Price / Book
9.38

Miscellaneous

Outstanding Shares
4,324,350,000
Free Float
4,281,102,000
Market Cap
$242.08 billion
Optionable
Optionable
Beta
0.55

Social Links

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Key Executives

  • Mr. James Robert B. QuinceyMr. James Robert B. Quincey (Age 58)
    Chairman & CEO
    Comp: $8.2M
  • Mr. John MurphyMr. John Murphy (Age 61)
    Pres & CFO
    Comp: $3.71M
  • Mr. Manuel Arroyo Prieto (Age 55)
    Chief Marketing Officer
    Comp: $2.97M
  • Mr. Mark RandazzaMr. Mark Randazza (Age 57)
    VP, Assistant Controller & Chief Accounting Officer
  • Ms. Nancy W. QuanMs. Nancy W. Quan (Age 57)
    Sr. VP and Chief Technical & Innovation Officer
  • Mr. Neeraj Tolmare
    Global Chief Information Officer
  • Ms. Robin Halpern
    VP & Global Head of Investor Relations
  • Ms. Monica Howard DouglasMs. Monica Howard Douglas (Age 50)
    Sr. VP & Gen. Counsel
  • Ms. Beatriz R. PerezMs. Beatriz R. Perez (Age 53)
    Sr. VP & Global Chief of Communications, Sustainability and Strategic Partnerships Officer
  • Ms. Lisa V. ChangMs. Lisa V. Chang (Age 54)
    Sr. VP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













KO Stock - Frequently Asked Questions

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

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coca-Cola in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research 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 forecast for 2023?

12 analysts have issued 1 year target prices for Coca-Cola's shares. Their KO share price forecasts range from $59.00 to $74.00. On average, they predict the company's stock price to reach $68.33 in the next year. This suggests a possible upside of 22.1% 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 2023?

Coca-Cola's stock was trading at $63.61 at the beginning of the year. Since then, KO stock has decreased by 12.0% and is now trading at $55.98.
View the best growth stocks for 2023 here.

When is Coca-Cola's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our KO earnings forecast.

How can I listen to Coca-Cola's earnings call?

Coca-Cola will be holding an earnings conference call on Tuesday, October 24th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Coca-Cola's earnings last quarter?

The Coca-Cola Company (NYSE:KO) released its quarterly earnings data on Wednesday, July, 26th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.72 by $0.06. The business had revenue of $12 billion for the quarter, compared to the consensus estimate of $11.74 billion. Coca-Cola had a net margin of 23.81% and a trailing twelve-month return on equity of 43.06%. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 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 declared a quarterly dividend on Wednesday, July 19th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.46 per share on Monday, October 2nd. This represents a $1.84 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for KO.

What ETFs hold Coca-Cola's stock?

ETFs with the largest weight of Coca-Cola (NYSE:KO) stock in their portfolio include iShares U.S. Consumer Staples ETF (IYK), Consumer Staples Select Sector SPDR Fund (XLP), Fidelity MSCI Consumer Staples Index ETF (FSTA), Vanguard Consumer Staples ETF (VDC), First Trust Nasdaq Food & Beverage ETF (FTXG), ProShares Ultra Consumer Staples (UGE), iShares Global Consumer Staples ETF (KXI) and iShares Core High Dividend ETF (HDV).

Is Coca-Cola a good dividend stock?

Coca-Cola (NYSE:KO) pays an annual dividend of $1.84 per share and currently has a dividend yield of 3.30%. The company has been increasing its dividend for 62 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 75.72%. 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 65.25% 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 FY23 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $2.60-$2.63 for the period, compared to the consensus EPS estimate of $2.61.

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).

What is Coca-Cola's stock symbol?

Coca-Cola trades on the New York Stock Exchange (NYSE) under the ticker symbol "KO."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Coca-Cola's stock price today?

One share of KO stock can currently be purchased for approximately $55.98.

How much money does Coca-Cola make?

Coca-Cola (NYSE:KO) has a market capitalization of $242.08 billion and generates $43.00 billion in revenue each year. The company earns $9.54 billion in net income (profit) each year or $2.43 on an earnings per share basis.

How many employees does Coca-Cola have?

The company employs 82,500 workers across the globe.

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
How can I contact Coca-Cola?

Coca-Cola's mailing address is ONE COCA COLA PLAZA, ATLANTA GA, 30313. The official website for the company is www.coca-colacompany.com. The company can be reached via phone at (404) 676-2121, via email at koinvestorrelations@coca-cola.com, or via fax at 404-676-6792.

This page (NYSE:KO) was last updated on 10/1/2023 by MarketBeat.com Staff

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