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

-0.22 (-0.41%)
(As of 05/24/2024 ET)
Today's Range
50-Day Range
52-Week Range
1.36 million shs
Average Volume
2.19 million shs
Market Capitalization
$11.34 billion
P/E Ratio
Dividend Yield
Price Target

Molson Coors Beverage MarketRank™ Stock Analysis

Analyst Rating
2.07 Rating Score
22.5% Upside
$65.53 Price Target
Short Interest
5.34% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.71mentions of Molson Coors Beverage in the last 14 days
Based on 13 Articles This Week
Insider Trading
Proj. Earnings Growth
From $5.69 to $5.92 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.

4.13 out of 5 stars

Consumer Staples Sector

30th out of 126 stocks

Malt Beverages Industry

2nd 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

Jade Global is Now HIPAA Compliant
7 Dividend Stocks to Buy at a 52-Week Low
Molson Coors: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 6/21 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Malt beverages
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
15 Analysts


Net Income
$948.90 million
Pretax Margin


Sales & Book Value

Annual Sales
$13.88 billion
Cash Flow
$8.73 per share
Book Value
$62.92 per share


Free Float
Market Cap
$11.34 billion

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Key Executives

  • Mr. Gavin D. K. Hattersley (Age 61)
    President, CEO & Director
    Comp: $5M
  • Ms. 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

Should I buy or sell Molson Coors Beverage stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TAP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TAP, but not buy additional shares or sell existing shares.
View TAP analyst ratings
or view top-rated stocks.

What is Molson Coors Beverage's stock price target for 2024?

15 analysts have issued 1 year target prices for Molson Coors Beverage's shares. Their TAP share price targets range from $53.00 to $77.00. On average, they expect the company's stock price to reach $65.53 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price.
View analysts price targets for TAP
or view top-rated stocks among Wall Street analysts.

How have TAP shares performed in 2024?

Molson Coors Beverage's stock was trading at $61.21 at the beginning of 2024. Since then, TAP stock has decreased by 12.6% and is now trading at $53.50.
View the best growth stocks for 2024 here

When is Molson Coors Beverage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our TAP earnings forecast

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, beating the consensus estimate of $0.74 by $0.21. The company earned $2.60 billion during the quarter, compared to the consensus estimate of $2.50 billion. Molson Coors Beverage had a trailing twelve-month return on equity of 9.47% and a net margin of 7.66%. Molson Coors Beverage's quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.54 EPS.
Read the conference call transcript

How often does Molson Coors Beverage pay dividends? What is the dividend yield for Molson Coors Beverage?

Molson Coors Beverage declared a quarterly dividend on Thursday, May 16th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.44 per share on Friday, June 21st. This represents a $1.76 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date is Friday, June 7th.
Read our dividend analysis for TAP

Is Molson Coors Beverage a good dividend stock?

Molson Coors Beverage (NYSE:TAP) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.28%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TAP will have a dividend payout ratio of 29.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TAP.

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 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.

What other stocks do shareholders of Molson Coors Beverage own?

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

Who are Molson Coors Beverage's major shareholders?

Molson Coors Beverage's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.23%), Capital International Investors (4.57%), LSV Asset Management (2.98%), Bank of New York Mellon Corp (0.93%), Jupiter Asset Management Ltd. (0.72%) and Ilex Capital Partners UK LLP (0.37%). Insiders that own company stock include Geoffrey E Molson, James A Winnefeld Jr, Louis Vachon and Tracey Joubert.
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.

Does Molson Coors Beverage have any subsidiaries?
The following companies are subsidiares of Molson Coors Beverage: 3230600 Nova Scotia Company, Alwater Brewery, CBC Holdco 2 LLC, CBC Holdco 3 Inc., CBC Holdco LLC, Clearly Komucha, Coors Brewing Company d/b/a Molson Coors International , Coors International Holdco 2 ULC, Golden Acquisition, MillerCoors LLC, MillerCoors USA LLC, Molson Canada 2005, Molson Coors (Barbados) SRL, Molson Coors (UK) Holdings LLP, Molson Coors Brewing Company (UK) Limited, Molson Coors Callco ULC, Molson Coors Canada Holdco ULC, Molson Coors Canada Inc., Molson Coors Europe Holdings B.V., Molson Coors Holdco Inc., Molson Coors Holdings Limited, Molson Coors International General ULC, Molson Coors International LP, Molson Coors Netherlands B.V. f/k/a Starbev Netherlands B.V., Molson ULC f/k/a Molson Inc., Newco3 Inc., Pivovary Staropramen s.r.o. f/k/a Molson Coors Czech s.r.o., and Starbev Netherlands.
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This page (NYSE:TAP) was last updated on 5/26/2024 by Staff

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