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

$52.50
+0.62 (+1.20 %)
(As of 08/19/2019 04:00 PM ET)
Today's Range
$51.95
Now: $52.50
$52.84
50-Day Range
$50.23
MA: $54.42
$56.87
52-Week Range
$49.92
Now: $52.50
$69.13
Volume1.48 million shs
Average Volume1.71 million shs
Market Capitalization$11.36 billion
P/E Ratio10.42
Dividend Yield3.16%
Beta0.79
Molson Coors Brewing Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. The company sells various products under the Blue Moon, Coors Banquet, Coors Light, Miller Genuine Draft, Miller Lite, Hamm's, Icehouse, Keystone, Mickey's, Miller64, Miller High Life, Milwaukee's Best, Olde English, Steel Reserve, Grolsch, Hop Valley, Leinenkugel's, Peroni Nastro Azurro, Pilsner Urquell, Revolver, Saint Archer, Sol, Terrapin, Crispin, Smith & Forge, Arnold Palmer Spiked, Henry's Hard, Redd's, and Steel Reserve Alloy Series brands. Read More…

Industry, Sector and Symbol

Industry Malt beverages
Sub-IndustryBrewers
SectorConsumer Staples
CUSIP60871R20
Phone303-927-2337

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.34 billion
Cash Flow$9.3750 per share
Book Value$65.38 per share

Profitability

Net Income$1.12 billion

Miscellaneous

Employees17,750
Market Cap$11.36 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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Molson Coors Brewing (NYSE:TAP) Frequently Asked Questions

What is Molson Coors Brewing's stock symbol?

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

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

Molson Coors Brewing declared a quarterly dividend on Thursday, July 18th. Investors of record on Friday, August 30th will be paid a dividend of $0.57 per share on Friday, September 13th. This represents a $2.28 annualized dividend and a yield of 4.34%. The ex-dividend date of this dividend is Thursday, August 29th. This is a boost from Molson Coors Brewing's previous quarterly dividend of $0.41. View Molson Coors Brewing's Dividend History.

How were Molson Coors Brewing's earnings last quarter?

Molson Coors Brewing Co (NYSE:TAP) issued its earnings results on Wednesday, July, 31st. The company reported $1.52 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.65 by $0.13. The business had revenue of $2.95 billion for the quarter, compared to analyst estimates of $3.03 billion. Molson Coors Brewing had a return on equity of 7.33% and a net margin of 6.85%. The company's revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.88 EPS. View Molson Coors Brewing's Earnings History.

When is Molson Coors Brewing's next earnings date?

Molson Coors Brewing is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Molson Coors Brewing.

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

Molson Coors Brewing will be holding an earnings conference call on Wednesday, October 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for TAP?

12 equities research analysts have issued twelve-month price objectives for Molson Coors Brewing's shares. Their predictions range from $50.00 to $80.00. On average, they expect Molson Coors Brewing's stock price to reach $62.9091 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Price Targets for Molson Coors Brewing.

What is the consensus analysts' recommendation for Molson Coors Brewing?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Brewing in the last year. There are currently 4 sell ratings, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Molson Coors Brewing.

What are Wall Street analysts saying about Molson Coors Brewing stock?

Here are some recent quotes from research analysts about Molson Coors Brewing stock:
  • 1. According to Zacks Investment Research, "Although Molson Coors lagged the industry in the past month due to its soft top and bottom line results in first-quarter 2019, its portfolio premiumization efforts and robust innovation pipeline bode well to bolster growth in the future. Moreover, the company’s restructuring initiatives to reduce overhead costs and boost profitability bode well. Despite strong pricing gains across all segments, the company’s sales and earnings missed estimates in the first quarter owing to soft volume, adverse currency and cost inflation in all segments. The company estimates softness in the U.S. beer industry, higher input costs and adverse currency to remain deterrents in 2019. Nonetheless, the company’s bottom line gained from global net pricing in all segments, lower G&A expenses and cost savings as well as lower interest expenses, which led to a year over year increase." (5/2/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "TAP’s 4Q18 results fell short with revs/EBITDA -5% / -4% below Street est., w/sales below Street est." (2/12/2019)

Has Molson Coors Brewing been receiving favorable news coverage?

News stories about TAP stock have been trending negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Molson Coors Brewing earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Molson Coors Brewing.

Are investors shorting Molson Coors Brewing?

Molson Coors Brewing saw a increase in short interest in July. As of July 31st, there was short interest totalling 9,790,300 shares, an increase of 17.8% from the June 30th total of 8,313,600 shares. Based on an average daily trading volume, of 1,650,000 shares, the days-to-cover ratio is currently 5.9 days. Approximately 5.7% of the shares of the company are sold short. View Molson Coors Brewing's Current Options Chain.

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

What other stocks do shareholders of Molson Coors Brewing own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Molson Coors Brewing investors own include Starbucks (SBUX), Home Depot (HD), Johnson & Johnson (JNJ), AT&T (T), Cisco Systems (CSCO), CVS Health (CVS), Altria Group (MO), Alibaba Group (BABA), Visa (V) and Constellation Brands (STZ).

Who are Molson Coors Brewing's key executives?

Molson Coors Brewing's management team includes the folowing people:
  • Mr. Mark R. Hunter, Pres, CEO & Director (Age 56)
  • Ms. Tracey I. Joubert, Chief Financial Officer (Age 52)
  • Mr. Celso L. White, Chief Supply Chain Officer (Age 57)
  • Mr. Gavin D. K. Hattersley, Pres & CEO of MillerCoors LLC (Age 56)
  • Mr. Simon J. Cox, Pres & CEO of Molson Coors Europe (Age 51)

Who are Molson Coors Brewing's major shareholders?

Molson Coors Brewing's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.69%), BlackRock Inc. (7.13%), Independent Franchise Partners LLP (4.08%), LSV Asset Management (1.77%), Putnam Investments LLC (1.22%) and Invesco Ltd. (1.20%). Company insiders that own Molson Coors Brewing stock include Krishnan Anand, Mark Hunter, Peter H Coors, Simon Cox and Tracey Joubert. View Institutional Ownership Trends for Molson Coors Brewing.

Which major investors are selling Molson Coors Brewing stock?

TAP stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Quest Capital Management Inc. ADV, Bank of America Corp DE, Teacher Retirement System of Texas, Strs Ohio, QV Investors Inc., Becker Capital Management Inc. and Candriam Luxembourg S.C.A.. Company insiders that have sold Molson Coors Brewing company stock in the last year include Krishnan Anand, Mark Hunter and Simon Cox. View Insider Buying and Selling for Molson Coors Brewing.

Which major investors are buying Molson Coors Brewing stock?

TAP stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., AQR Capital Management LLC, Vanguard Group Inc., Nuveen Asset Management LLC, Canada Pension Plan Investment Board, Clarkston Capital Partners LLC, Independent Franchise Partners LLP and Russell Investments Group Ltd.. View Insider Buying and Selling for Molson Coors Brewing.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Molson Coors Brewing's stock price today?

One share of TAP stock can currently be purchased for approximately $52.50.

How big of a company is Molson Coors Brewing?

Molson Coors Brewing has a market capitalization of $11.36 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.

What is Molson Coors Brewing's official website?

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

How can I contact Molson Coors Brewing?

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]


MarketBeat Community Rating for Molson Coors Brewing (NYSE TAP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  398 (Vote Outperform)
Underperform Votes:  422 (Vote Underperform)
Total Votes:  820
MarketBeat's community ratings are surveys of what our community members think about Molson Coors Brewing and other stocks. Vote "Outperform" if you believe TAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TAP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2019 by MarketBeat.com Staff

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