Coca-Cola - KO Stock Forecast, Price & News

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coca-Cola in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KO shares.
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18 Wall Street research analysts have issued 1-year price targets for Coca-Cola's stock. Their KO share price forecasts range from $59.00 to $76.00. On average, they anticipate the company's share price to reach $67.55 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price.
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Coca-Cola's stock was trading at $63.61 at the beginning of 2023. Since then, KO stock has decreased by 4.3% and is now trading at $60.90.
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Coca-Cola saw a decline in short interest in February. As of February 28th, there was short interest totaling 20,170,000 shares, a decline of 15.8% from the February 13th total of 23,950,000 shares. Based on an average daily volume of 12,900,000 shares, the short-interest ratio is currently 1.6 days. Approximately 0.5% of the shares of the stock are sold short.
View Coca-Cola's Short Interest.

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

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

The Coca-Cola Company (NYSE:KO) posted its quarterly earnings data on Tuesday, February, 14th. The company reported $0.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.45. The business earned $10.10 billion during the quarter, compared to the consensus estimate of $9.92 billion. Coca-Cola had a net margin of 22.19% and a trailing twelve-month return on equity of 42.35%. Coca-Cola's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 earnings per share.
Read the conference call transcript.

Coca-Cola declared a quarterly dividend on Thursday, February 16th. Shareholders of record on Friday, March 17th will be paid a dividend of $0.46 per share on Monday, April 3rd. This represents a $1.84 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Thursday, March 16th. This is a positive change from the stock's previous quarterly dividend of $0.44.
Read our dividend analysis for KO.

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), Vanguard Consumer Staples Fund (VDC), Fidelity MSCI Consumer Staples Index ETF (FSTA), First Trust Nasdaq Food & Beverage ETF (FTXG), ProShares Ultra Consumer Staples (UGE), iShares MSCI Water Management Multisector ETF (IWTR) and Invesco Dynamic Food & Beverage ETF (PBJ).

Coca-Cola (NYSE:KO) pays an annual dividend of $1.84 per share and currently has a dividend yield of 3.05%. 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 83.64%. 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 65.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KO.

Coca-Cola issued an update on its FY23 earnings guidance on Tuesday, February, 14th. The company provided earnings per share guidance of $2.58-$2.60 for the period, compared to the consensus EPS estimate of $2.56.

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.

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).

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

Coca-Cola's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Morgan Stanley (1.83%), Geode Capital Management LLC (1.75%), Charles Schwab Investment Management Inc. (1.34%), Moneta Group Investment Advisors LLC (1.34%), Norges Bank (1.07%) and Price T Rowe Associates Inc. MD (0.74%). Insiders that own company stock include Alfredo Rivera, Beatriz R Perez, Brian John Smith, Carolyn Everson, David B Weinberg, Henrique Braun, Herbert A Allen III, James Quincey, Jennifer K Mann, Jennifer K Mann, John Murphy, Kathy Loveless, Lisa Chang, Mark Randazza, Monica Howard Douglas, Nancy Quan, Nikolaos Koumettis, Robert Edward Long and Stephen Furlong.
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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.
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One share of KO stock can currently be purchased for approximately $60.90.

Coca-Cola (NYSE:KO) has a market capitalization of $263.47 billion and generates $43.00 billion in revenue each year. The company earns $9.54 billion in net income (profit) each year or $2.20 on an earnings per share basis.

The company employs 82,500 workers across the globe.

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.