NYSE:TAP

Molson Coors Beverage Stock Forecast, Price & News

$52.28
-0.89 (-1.67 %)
(As of 04/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$52.23
Now: $52.28
$53.22
50-Day Range
$44.95
MA: $49.94
$54.01
52-Week Range
$32.11
Now: $52.28
$56.10
Volume1.52 million shs
Average Volume2.52 million shs
Market Capitalization$11.33 billion
P/E Ratio19.43
Dividend YieldN/A
Beta1.14
Molson Coors Beverage Co. is a holding company, which engages in the production and sale of beer. It operates through the following segments: North America and Europe. The North America segment operates in the U.S., Canada and various countries in the Caribbean, Latin, and South America. The Europe segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa, and Asia Pacific. The company was founded in 1786 and is headquartered in Golden, CO.
Molson Coors Beverage logo

Industry, Sector and Symbol

Industry Malt beverages
Sub-IndustryBrewers
CUSIP60871R20
Phone(303) 279-6565
Employees17,000
Year Founded1786

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.01 billion
Cash Flow$8.58 per share
Book Value$63.21 per share

Profitability

Net Income$241.70 million

Miscellaneous

Market Cap$11.33 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableOptionable

Headlines

Molson Coors launches sales of its latest beer
April 7, 2021 |  bizjournals.com
Molson Coors Beverage (NYSE:TAP) Price Target Raised to $61.00
March 31, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.24 out of 5 stars

Consumer Staples Sector

120th out of 299 stocks

Malt Beverages Industry

6th out of 15 stocks

Analyst Opinion: 1.1Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
$52.28
-0.89 (-1.67 %)
(As of 04/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive TAP News and Ratings via Email

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

speech bubbles
speech bubbles











Molson Coors Beverage (NYSE:TAP) Frequently Asked Questions

Is Molson Coors Beverage a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last year. There are currently 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Molson Coors Beverage stock. 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 analyst ratings for Molson Coors Beverage
or view top-rated stocks.

What stocks does MarketBeat like better than Molson Coors Beverage?

Wall Street analysts have given Molson Coors Beverage a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Molson Coors Beverage wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Molson Coors Beverage's next earnings date?

Molson Coors Beverage is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Molson Coors Beverage
.

How can I listen to Molson Coors Beverage's earnings call?

Molson Coors Beverage will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Molson Coors Beverage's earnings last quarter?

Molson Coors Beverage (NYSE:TAP) posted its earnings results on Wednesday, February, 10th. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by $0.37. The business had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.41 billion. Molson Coors Beverage had a net margin of 4.86% and a trailing twelve-month return on equity of 7.35%.
View Molson Coors Beverage's earnings history
.

How has Molson Coors Beverage's stock been impacted by COVID-19 (Coronavirus)?

Molson Coors Beverage's stock was trading at $40.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TAP stock has increased by 27.7% and is now trading at $52.28.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for TAP?

13 Wall Street analysts have issued 1 year target prices for Molson Coors Beverage's shares. Their forecasts range from $31.00 to $62.00. On average, they expect Molson Coors Beverage's stock price to reach $49.75 in the next twelve months. This suggests that the stock has a possible downside of 4.8%.
View analysts' price targets for Molson Coors Beverage
or view top-rated stocks among Wall Street analysts.

Who are Molson Coors Beverage's key executives?

Molson Coors Beverage's management team includes the following people:
  • Gavin D. K. Hattersley, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Tracey I. Joubert, Chief Financial Officer (LinkedIn Profile)
  • Roxanne Stelter, Chief Accounting Officer, VP & Controller
  • Brenda Davis, Chief Integration Officer
  • Rahul Goyal, Chief Strategy Officer (LinkedIn Profile)

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

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

Who are some of Molson Coors Beverage's key competitors?

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), The Walt Disney (DIS), Altria Group (MO), Starbucks (SBUX) and Wells Fargo & Company (WFC).

What is Molson Coors Beverage's stock symbol?

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

Who are Molson Coors Beverage's major shareholders?

Molson Coors Beverage's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.11%), New York State Teachers Retirement System (0.11%), Polaris Wealth Advisory Group LLC (0.09%), Country Club Trust Company n.a. (0.08%), Oregon Public Employees Retirement Fund (0.08%) and Chevy Chase Trust Holdings Inc. (0.08%). Company insiders that own Molson Coors Beverage stock include Andrew Thomas Molson, Brian Tabolt, James A Winnefeld Jr, Louis Vachon, Mark Hunter, Peter H Coors and Simon Cox.
View institutional ownership trends for Molson Coors Beverage
.

Which institutional investors are selling Molson Coors Beverage stock?

TAP stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Chevy Chase Trust Holdings Inc., Pacer Advisors Inc., New York State Teachers Retirement System, Sentry Investment Management LLC, State of Alaska Department of Revenue, DORCHESTER WEALTH MANAGEMENT Co, and YHB Investment Advisors Inc.. Company insiders that have sold Molson Coors Beverage company stock in the last year include Andrew Thomas Molson, and Simon Cox.
View insider buying and selling activity for Molson Coors Beverage
or view top insider-selling stocks.

Which institutional investors are buying Molson Coors Beverage stock?

TAP stock was purchased by a variety of institutional investors in the last quarter, including Polaris Wealth Advisory Group LLC, Sound Income Strategies LLC, DnB Asset Management AS, Retirement Systems of Alabama, Cypress Capital Group, Royal London Asset Management Ltd., Red Spruce Capital LLC, and Oregon Public Employees Retirement Fund. Company insiders that have bought Molson Coors Beverage stock in the last two years include James A Winnefeld Jr, and Louis Vachon.
View insider buying and selling activity for Molson Coors Beverage
or or view top insider-buying stocks.

How do I buy shares of Molson Coors Beverage?

Shares of TAP 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.

What is Molson Coors Beverage's stock price today?

One share of TAP stock can currently be purchased for approximately $52.28.

How much money does Molson Coors Beverage make?

Molson Coors Beverage has a market capitalization of $11.33 billion and generates $13.01 billion in revenue each year. The company earns $241.70 million in net income (profit) each year or $4.54 on an earnings per share basis.

How many employees does Molson Coors Beverage have?

Molson Coors Beverage employs 17,000 workers across the globe.

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.

When was Molson Coors Beverage founded?

Molson Coors Beverage was founded in 1786.

What is Molson Coors Beverage's official website?

The official website for Molson Coors Beverage is www.molsoncoors.com.

Where are Molson Coors Beverage's headquarters?

Molson Coors Beverage is headquartered at 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202.

How can I contact Molson Coors Beverage?

Molson Coors Beverage's mailing address is 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202. The company can be reached via phone at (303) 279-6565 or via email at [email protected]


This page was last updated on 4/23/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.