S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20

Molson Coors Beverage Stock Forecast, Price & News

$46.84
+1.09 (+2.38%)
(As of 12/6/2021 12:00 AM ET)
Add
Compare
Today's Range
$46.33
$48.16
50-Day Range
$43.55
$49.21
52-Week Range
$42.46
$61.48
Volume
1.75 million shs
Average Volume
1.98 million shs
Market Capitalization
$10.16 billion
P/E Ratio
N/A
Dividend Yield
2.97%
Beta
1.04
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 Molson Coors Beverage and its competitors with MarketBeat's FREE daily newsletter.


Molson Coors Beverage logo

About Molson Coors Beverage

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Malt beverages
Sub-Industry
Brewers
CUSIP
60871R20
Employees
17,000
Year Founded
1786

Sales & Book Value

Annual Sales
$11.72 billion
Cash Flow
$8.49 per share
Book Value
$62.32 per share

Profitability

Net Income
$-949 million
Pretax Margin
-1.73%

Debt

Price-To-Earnings

Miscellaneous

Free Float
211,698,000
Market Cap
$10.16 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend
12/02/2021
Today
12/07/2021
Dividend Payable
12/15/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/10/2022

Social Links


MarketRank

Overall MarketRank

2.58 out of 5 stars

Consumer Staples Sector

48th out of 183 stocks

Malt Beverages Industry

2nd out of 6 stocks

Analyst Opinion: 3.0Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -












Molson Coors Beverage (NYSE:TAP) Frequently Asked Questions

Is Molson Coors Beverage a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 2 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.

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

Molson Coors Beverage's stock was trading at $40.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TAP stock has increased by 14.4% and is now trading at $46.84.
View which stocks have been most impacted by COVID-19
.

When is Molson Coors Beverage's next earnings date?

Molson Coors Beverage is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for Molson Coors Beverage
.

How were Molson Coors Beverage's earnings last quarter?

Molson Coors Beverage (NYSE:TAP) posted its quarterly earnings results on Wednesday, October, 27th. The company reported $1.75 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.53 by $0.22. The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.91 billion. Molson Coors Beverage had a positive trailing twelve-month return on equity of 6.22% and a negative net margin of 3.69%. The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.62 earnings per share.
View Molson Coors Beverage's earnings history
.

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 11th. Investors of record on Friday, December 3rd will be paid a dividend of $0.34 per share on Wednesday, December 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Thursday, December 2nd.
View Molson Coors Beverage's dividend history
.

Is Molson Coors Beverage a good dividend stock?

Molson Coors Beverage pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.97%.
View Molson Coors Beverage's dividend history.

What price target have analysts set for TAP?

8 equities research analysts have issued 12 month price targets for Molson Coors Beverage's stock. Their forecasts range from $41.00 to $74.00. On average, they expect Molson Coors Beverage's share price to reach $54.00 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price.
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
  • Tracey I. Joubert, Chief Financial Officer
  • Roxanne Stelter, Chief Accounting Officer, VP & Controller
  • Brenda Davis, Chief Integration Officer
  • Rahul Goyal, Chief Strategy Officer

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.

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).

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.97%), LSV Asset Management (3.20%), Clarkston Capital Partners LLC (2.88%), Invesco Ltd. (1.84%), Geode Capital Management LLC (1.64%) and River Road Asset Management LLC (1.42%). Company insiders that own Molson Coors Beverage stock include Andrew Thomas Molson, James A Winnefeld Jr, Louis Vachon, 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 Two Sigma Advisers LP, Russell Investments Group Ltd., Brandywine Global Investment Management LLC, Morgan Stanley, Hsbc Holdings PLC, Allianz Asset Management GmbH, Barrow Hanley Mewhinney & Strauss LLC, and American Century Companies Inc..
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 BlackRock Inc., LSV Asset Management, Private Management Group Inc., Wedge Capital Management L L P NC, Jupiter Asset Management Ltd., Schroder Investment Management Group, River Road Asset Management LLC, and Barclays PLC. 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 $46.84.

How much money does Molson Coors Beverage make?

Molson Coors Beverage has a market capitalization of $10.16 billion and generates $11.72 billion in revenue each year. The company earns $-949 million in net income (profit) each year or ($2.06) 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, via email at [email protected], or via fax at 302-655-5049.


This page was last updated on 12/7/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
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 about MarketBeat.

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.

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.