NYSE:TAP - Molson Coors Brewing Stock Price, Forecast & News

Molson Coors Brewing trades on the New York Stock Exchange (NYSE) under the ticker symbol "TAP."

Molson Coors Brewing declared a quarterly dividend on Thursday, November 21st. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.57 per share on Friday, December 13th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend is Friday, November 29th. View Molson Coors Brewing's Dividend History.

Molson Coors Brewing Co (NYSE:TAP) issued its earnings results on Wednesday, October, 30th. The company reported $1.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.46 by $0.02. The company earned $2.84 billion during the quarter, compared to analyst estimates of $2.87 billion. Molson Coors Brewing had a net margin of 1.19% and a return on equity of 6.86%. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.84 earnings per share. View Molson Coors Brewing's Earnings History.

Molson Coors Brewing is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Molson Coors Brewing.

Molson Coors Brewing will be holding an earnings conference call on Wednesday, February 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 brokerages have issued 12 month price targets for Molson Coors Brewing's stock. Their forecasts range from $50.00 to $63.00. On average, they expect Molson Coors Brewing's stock price to reach $54.60 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for Molson Coors Brewing.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Brewing in the last year. There are currently 5 sell ratings, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Molson Coors Brewing.

Media coverage about TAP stock has trended positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Molson Coors Brewing earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Molson Coors Brewing.

Molson Coors Brewing saw a increase in short interest in December. As of December 31st, there was short interest totalling 12,210,000 shares, an increase of 11.7% from the December 15th total of 10,930,000 shares. Based on an average daily volume of 1,780,000 shares, the short-interest ratio is currently 6.9 days. Currently, 7.1% of the company's shares are sold short. View Molson Coors Brewing's Current Options Chain.

Some companies that are related to Molson Coors Brewing include CARLSBERG AS/S (CABGY), Kirin (KNBWY), TSINGTAO BREWER/S (TSGTY), San Miguel (SMGBY), Boston Beer (SAM), Compania Cervecerias Unidas (CCU), Craft Brew Alliance (BREW), New Age Beverages (NBEV), Big Rock Brewery (BRBMF) and Athena Silver (AHNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Molson Coors Brewing investors own include AT&T (T), Starbucks (SBUX), Walt Disney (DIS), Home Depot (HD), Visa (V), CVS Health (CVS), Johnson & Johnson (JNJ), Netflix (NFLX), Boeing (BA) and PepsiCo (PEP).

Molson Coors Brewing's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Centre Asset Management LLC (0.07%), State of Alaska Department of Revenue (0.03%), Manning & Napier Group LLC (0.03%), Sage Capital Advisors llc (0.03%), Nisa Investment Advisors LLC (0.01%) and Fluent Financial LLC (0.01%). Company insiders that own Molson Coors Brewing stock include Brian Tabolt, Krishnan Anand, Mark Hunter, Peter H Coors and Simon Cox. View Institutional Ownership Trends for Molson Coors Brewing.

TAP stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Nisa Investment Advisors LLC, Centre Asset Management LLC, State of Alaska Department of Revenue, Cypress Capital Group, Zeke Capital Advisors LLC and IFM Investors Pty Ltd. Company insiders that have sold Molson Coors Brewing company stock in the last year include Brian Tabolt, Mark Hunter and Simon Cox. View Insider Buying and Selling for Molson Coors Brewing.

TAP stock was bought by a variety of institutional investors in the last quarter, including Sage Capital Advisors llc, Fluent Financial LLC, Red Spruce Capital LLC, Alpine Global Management LLC, Trinity Legacy Partners LLC, Manning & Napier Group LLC, Accurate Investment Solutions Inc. and Greylin Investment Mangement Inc.. View Insider Buying and Selling for Molson Coors Brewing.

Shares of TAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TAP stock can currently be purchased for approximately $56.62.

Molson Coors Brewing has a market capitalization of $12.25 billion and generates $13.34 billion in revenue each year. The company earns $1.12 billion in net income (profit) each year or $5.04 on an earnings per share basis. Molson Coors Brewing employs 17,750 workers across the globe.View Additional Information About Molson Coors Brewing.

The official website for Molson Coors Brewing is http://www.molsoncoors.com/.

Molson Coors Brewing's mailing address is 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202. The company can be reached via phone at 303-927-2337 or via email at [email protected]