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Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

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

$62.13
+0.23 (+0.37%)
(As of 12/7/2023 ET)
Compare
Today's Range
$61.50
$62.16
50-Day Range
$56.75
$63.57
52-Week Range
$48.49
$70.90
Volume
1.01 million shs
Average Volume
1.85 million shs
Market Capitalization
$13.40 billion
P/E Ratio
54.03
Dividend Yield
2.64%
Price Target
$65.65

Molson Coors Beverage MarketRank™ Stock Analysis

Analyst Rating
Hold
2.12 Rating Score
Upside/​Downside
5.7% Upside
$65.65 Price Target
Short Interest
Bearish
3.71% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.71
Upright™ Environmental Score
News Sentiment
1.09mentions of Molson Coors Beverage in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.27%
From $5.29 to $5.41 Per Share

Overall MarketRank

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

1.68 out of 5 stars

Consumer Staples Sector

97th out of 117 stocks

Malt Beverages Industry

4th out of 4 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, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel's, 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 Lager, Molson Dry, Molson Export, 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 headquartered in Golden, Colorado.

TAP Stock Price History

TAP Stock News Headlines

Beer consumption declines with many shifting to cannabis
Recent Reports Are A Wake-Up Call For Investors
As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
Should Value Investors Buy Molson Coors (TAP) Stock?
The Latest Analyst Ratings for Molson Coors Beverage
Molson Coors Confident in Keeping Market Share
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Last Earnings
11/02/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Today
12/07/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/20/2024

Industry, Sector and Symbol

Industry
Malt beverages
Sub-Industry
Brewers
CUSIP
60871R20
Employees
16,600
Year Founded
1786

Price Target and Rating

Average Stock Price Target
$65.65
High Stock Price Target
$77.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+5.7%
Consensus Rating
Hold
Rating Score (0-4)
2.12
Research Coverage
17 Analysts

Profitability

Net Income
$-175,300,000.00
Pretax Margin
3.82%

Debt

Sales & Book Value

Annual Sales
$11.54 billion
Cash Flow
$11.28 per share
Book Value
$59.71 per share

Miscellaneous

Free Float
210,500,000
Market Cap
$13.40 billion
Optionable
Optionable
Beta
0.92

Social Links

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Key Executives

  • Mr. Gavin D. K. Hattersley (Age 60)
    President, CEO & Director
    Comp: $2.89M
  • Ms. Tracey I. Joubert (Age 56)
    Chief Financial Officer
    Comp: $1.58M
  • Mr. Sergey K. Yeskov (Age 46)
    President & CEO of Molson Coors EMEA APAC
    Comp: $1.1M
  • Ms. Michelle E. St. Jacques (Age 45)
    Chief Commercial Officer
    Comp: $1.19M
  • Ms. Anne-Marie Wieland D'Angelo (Age 46)
    Consultant
    Comp: $957.43k
  • Ms. Roxanne M. Stelter (Age 46)
    VP, Controller, Chief Accounting Officer & Principal Accounting Officer
  • Greg Tierney
    Vice President of FP&A and Investor Relations
  • Ms. Natalie Maciolek
    Chief Legal & Government Affairs officer
  • Mr. Adam Collins
    Chief Communications & Corporate Affairs Officer
  • Ms. Sofia Colucci
    Chief Marketing Officer














TAP Stock Analysis - Frequently Asked Questions

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

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last twelve months. There are currently 2 sell ratings, 11 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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?

17 analysts have issued 12-month price targets for Molson Coors Beverage's shares. Their TAP share price targets range from $49.00 to $77.00. On average, they anticipate the company's share price to reach $65.65 in the next twelve months. This suggests a possible upside of 5.7% 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 2023?

Molson Coors Beverage's stock was trading at $51.52 at the beginning of the year. Since then, TAP shares have increased by 20.6% and is now trading at $62.13.
View the best growth stocks for 2023 here
.

When is Molson Coors Beverage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our TAP earnings forecast
.

How were Molson Coors Beverage's earnings last quarter?

Molson Coors Beverage (NYSE:TAP) announced its earnings results on Thursday, November, 2nd. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.39. The company earned $3.30 billion during the quarter, compared to analyst estimates of $3.24 billion. Molson Coors Beverage had a trailing twelve-month return on equity of 9.16% and a net margin of 1.86%.

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, November 9th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.41 per share on Friday, December 15th. This represents a $1.64 annualized dividend and a yield of 2.64%. The ex-dividend date is Thursday, November 30th.
Read our dividend analysis for TAP
.

Is Molson Coors Beverage a good dividend stock?

Molson Coors Beverage (NYSE:TAP) pays an annual dividend of $1.64 per share and currently has a dividend yield of 2.65%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 142.61%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TAP will have a dividend payout ratio of 30.31% 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 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.

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 number of institutional and retail investors. Top institutional investors include LSV Asset Management (3.02%), Clarkston Capital Partners LLC (2.16%), AQR Capital Management LLC (1.61%), Morgan Stanley (1.60%), Invesco Ltd. (1.43%) and Bank of New York Mellon Corp (0.96%). Insiders that own company stock include Geoffrey E Molson, James A Winnefeld Jr, Louis Vachon and Simon Cox.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/8/2023 by MarketBeat.com Staff

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