Free Trial

Molson Coors Beverage (TAP) Stock Price, News & Analysis

$54.33
+0.32 (+0.59%)
(As of 07/26/2024 ET)
Today's Range
$53.98
$54.92
50-Day Range
$49.53
$56.47
52-Week Range
$49.19
$70.89
Volume
1.63 million shs
Average Volume
1.93 million shs
Market Capitalization
$11.51 billion
P/E Ratio
10.87
Dividend Yield
3.24%
Price Target
$60.47

Molson Coors Beverage MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
11.3% Upside
$60.47 Price Target
Short Interest
Healthy
4.52% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.96
Upright™ Environmental Score
News Sentiment
0.55mentions of Molson Coors Beverage in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.94%
From $5.58 to $5.80 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.

4.26 out of 5 stars

Consumer Staples Sector

30th out of 136 stocks

Malt Beverages Industry

1st out of 3 stocks

TAP stock logo

About Molson Coors Beverage Stock (NYSE:TAP)

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Five Trail, Hop Valley brands, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

TAP Stock Price History

TAP Stock News Headlines

Retail store Coors beer side view
Tap Into Molson Coors Stock: A Top Beverage Value Play
Molson Coors Beverage Co. NYSE: TAP stock recently fell to 52-week lows as it struggled to maintain any bounce attempts. The negative trajectory took over its price action ever since releasing its Q1 2024 earnings report.
Retail store Coors beer side view
Tap Into Molson Coors Stock: A Top Beverage Value Play
Molson Coors Beverage Co. (NYSE: TAP) stock recently fell to 52-week lows as it struggled to maintain any bounce attempts. The negative trajectory took over its
Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.
Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.
Jade Global is Now HIPAA Compliant
See More Headlines
Receive TAP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Molson Coors Beverage and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 6/21 Dividend
6/07/2024
Dividend Payable
6/21/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Ex-Dividend for 9/20 Dividend
8/30/2024
Dividend Payable
9/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Malt beverages
Sub-Industry
Brewers
CUSIP
60871R20
Employees
16,500
Year Founded
1786

Price Target and Rating

Average Stock Price Target
$60.47
High Stock Price Target
$77.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+11.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
15 Analysts

Profitability

Net Income
$948.90 million
Pretax Margin
10.00%

Debt

Sales & Book Value

Annual Sales
$13.88 billion
Cash Flow
$8.92 per share
Book Value
$62.86 per share

Miscellaneous

Free Float
206,130,000
Market Cap
$11.51 billion
Optionable
Optionable
Beta
0.81

Social Links

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Mr. Gavin D. K. Hattersley (Age 61)
    President, CEO & Director
    Comp: $5M
  • Ms. Tracey I. JoubertMs. Tracey I. Joubert (Age 57)
    Chief Financial Officer
    Comp: $2.41M
  • Ms. Natalie Maciolek (Age 45)
    Chief Legal & Government Affairs Officer and Secretary
    Comp: $656.56k
  • Mr. Sergey K. Yeskov (Age 47)
    President & CEO of Molson Coors EMEA APAC
    Comp: $1.23M
  • Ms. Michelle E. St. Jacques (Age 46)
    Chief Commercial Officer
    Comp: $1.95M
  • Ms. Roxanne M. Stelter (Age 47)
    VP, Controller, Chief Accounting Officer & Principal Accounting Officer
  • Greg Tierney
    Vice President of FP&A and Investor Relations
  • Mr. Adam Collins
    Chief Communications & Corporate Affairs Officer
  • Ms. Sofia Colucci
    Chief Marketing Officer
  • Mr. Dave Osswald
    Chief People & Diversity Officer

TAP Stock Analysis - Frequently Asked Questions

How have TAP shares performed this year?

Molson Coors Beverage's stock was trading at $61.21 at the beginning of the year. Since then, TAP shares have decreased by 11.2% and is now trading at $54.33.
View the best growth stocks for 2024 here
.

How were Molson Coors Beverage's earnings last quarter?

Molson Coors Beverage (NYSE:TAP) issued its earnings results on Tuesday, April, 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.21. The firm's revenue for the quarter was up 10.7% on a year-over-year basis.
Read the conference call transcript
.

What is Gavin Hattersley's approval rating as Molson Coors Beverage's CEO?

30 employees have rated Molson Coors Beverage Chief Executive Officer Gavin Hattersley on Glassdoor.com. Gavin Hattersley has an approval rating of 63% among the company's employees. This puts Gavin Hattersley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does Molson Coors Beverage have any subsidiaries?

The following companies are subsidiaries of Molson Coors Beverage: Alwater Brewery, Clearly Komucha, Starbev Netherlands, 3230600 Nova Scotia Company, CBC Holdco 2 LLC, CBC Holdco 3 Inc., CBC Holdco LLC, and more.

Who are Molson Coors Beverage's major shareholders?

Molson Coors Beverage's top institutional investors include Bank of New York Mellon Corp (0.86%), Wedge Capital Management L L P NC (0.33%), Raymond James & Associates (0.30%) and Wilsey Asset Management Inc. (0.25%). Insiders that own company stock include Tracey Joubert, Geoffrey E Molson, James A Winnefeld Jr and Louis Vachon.
View institutional ownership trends
.

How do I buy shares of Molson Coors Beverage?

Shares of TAP 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.

What other stocks do shareholders of Molson Coors Beverage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Molson Coors Beverage investors own include AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Bank of America (BAC), Intel (INTC), CVS Health (CVS) and Walt Disney (DIS).

This page (NYSE:TAP) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners