NYSE:TAP - Molson Coors Brewing Co Class B Stock Price, Price Target & More

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$62.85 -1.02 (-1.60 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$62.85
Today's Range$62.64 - $64.18
52-Week Range$58.75 - $94.02
Volume4.21 million shs
Average Volume2.12 million shs
Market Capitalization$13.56 billion
P/E Ratio15.33
Dividend Yield2.61%
Beta0.76
Molson Coors Brewing Co Class B logoMolson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally. It sells various products under the Coors Light, Miller Lite, Coors Banquet, the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Keystone, Icehouse, Mickey's, Miller 64, Miller Genuine Draft, Miller High Life, Milwaukee's Best, Hamm's, Olde English 800, Steel Reserve, Crispin, Smith & Forge, Redd's, the Henry's Hard Soda, and Steel Reserve Alloy Series brands. The company also offers various brands, including Molson Canadian, Belgian Moon, Carling, Carling Black Label, Creemore Springs, the Granville Island, Mad Jack, the Miller, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Old Style Pilsner, and the Rickard's family of brands. In addition, it provides its products under the Staropramen, Apatinsko, Astika, Bergenbier, Borsodi, Branik, Jelen, Kamenitza, Niksicko, Noroc, Ostravar, Ozujsko, Sharp's Doom Bar, Worthington's, Cobra, and other brand names. Further, the company imports and sells Hop Valley, Revolver, Saint Archer, Terrapin, Grolsch, Peroni Nastro Azzurro, Pilsner Urquell, Desperados, Dos Equis, Moretti, Sol, Tecate, Carling Strong, Coors, Coors 1873, Coors Extra, Coors Gold, Iceberg 9000, King Cobra, Thunderbolt, and Zima brand products. Additionally, it brews or distributes various brands, such as Amstel Light, Heineken, Murphy's, Newcastle Brown Ale, Strongbow cider, Beck's, Belle-Vue Kriek brands, Hoegaarden, Leffe, Lowenbrau, Löwenweisse, Spaten and Stella Artois, Corona Extra, Rekorderlig, Singha, Blue Moon, Corona, Miller High Life, Molson Canadian, and other Modelo brands, as well as George Killian's Irish Red, the Redd's, and Foster's brands. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company in February 2005. The Company was founded in 1786 and is headquartered in Denver, Colorado.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Malt beverages
Sub-IndustryBrewers
SectorConsumer Staples
SymbolNYSE:TAP
CUSIP60871R20
Phone303-927-2337

Debt

Debt-to-Equity Ratio0.70
Current Ratio0.52
Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio15.33
Forward P/E Ratio12.96
P/E Growth1.8

Sales & Book Value

Annual Sales$13.47 billion
Price / Sales1.01
Cash Flow$8.38 per share
Price / Cash7.50
Book Value$62.37 per share
Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)$4.47
Net Income$1.41 billion
Net Margins10.95%
Return on Equity6.81%
Return on Assets2.93%

Miscellaneous

Employees17,200
Outstanding Shares215,710,000
Market Cap$13,557.63

Molson Coors Brewing Co Class B (NYSE:TAP) Frequently Asked Questions

What is Molson Coors Brewing Co Class B's stock symbol?

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

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

Molson Coors Brewing Co Class B declared a quarterly dividend on Monday, July 16th. Shareholders of record on Friday, August 31st will be paid a dividend of $0.41 per share on Monday, September 17th. This represents a $1.64 annualized dividend and a yield of 2.61%. The ex-dividend date is Thursday, August 30th. View Molson Coors Brewing Co Class B's Dividend History.

How were Molson Coors Brewing Co Class B's earnings last quarter?

Molson Coors Brewing Co Class B (NYSE:TAP) released its quarterly earnings data on Wednesday, May, 2nd. The company reported $0.48 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.78 by $0.30. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.45 billion. Molson Coors Brewing Co Class B had a net margin of 10.95% and a return on equity of 6.81%. The company's revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.76 earnings per share. View Molson Coors Brewing Co Class B's Earnings History.

When is Molson Coors Brewing Co Class B's next earnings date?

Molson Coors Brewing Co Class B is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Molson Coors Brewing Co Class B.

What price target have analysts set for TAP?

12 analysts have issued 12 month price targets for Molson Coors Brewing Co Class B's stock. Their predictions range from $65.00 to $98.00. On average, they expect Molson Coors Brewing Co Class B's share price to reach $80.6667 in the next year. This suggests a possible upside of 28.3% from the stock's current price. View Analyst Ratings for Molson Coors Brewing Co Class B.

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

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Brewing Co Class B in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

Who are Molson Coors Brewing Co Class B's key executives?

Molson Coors Brewing Co Class B's management team includes the folowing people:
  • Mr. Mark R. Hunter, Pres, CEO & Director (Age 55)
  • Ms. Tracey I. Joubert, Chief Financial Officer (Age 51)
  • Mr. Krishnan Anand, Chief Growth Officer (Age 60)
  • Mr. Gavin D. K. Hattersley, Pres & CEO of Millercoors LLC (Age 55)
  • Mr. Peter Joseph Coors, Sr. Mang. of International Craft Brewing Devel. - Supply Chain & Director (Age 41)

Has Molson Coors Brewing Co Class B been receiving favorable news coverage?

News headlines about TAP stock have trended somewhat positive this week, Accern reports. Accern rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Molson Coors Brewing Co Class B earned a media sentiment score of 0.24 on Accern's scale. They also gave media stories about the company an impact score of 44.90 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Molson Coors Brewing Co Class B's major shareholders?

Molson Coors Brewing Co Class B's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Cambiar Investors LLC (0.27%), Deprince Race & Zollo Inc. (0.14%), ZWJ Investment Counsel Inc. (0.11%), NN Investment Partners Holdings N.V. (0.04%), Adams Asset Advisors LLC (0.04%) and Retirement Systems of Alabama (0.04%). Company insiders that own Molson Coors Brewing Co Class B stock include Andrew Thomas Molson, Brian Tabolt, Gavin Hattersley, Geoffrey E Molson, Krishnan Anand, Mark Hunter, Peter H Coors, Simon Cox and Tracey Joubert. View Institutional Ownership Trends for Molson Coors Brewing Co Class B.

Which institutional investors are selling Molson Coors Brewing Co Class B stock?

TAP stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Hartford Investment Management Co., Clinton Group Inc., Nisa Investment Advisors LLC, Huntington National Bank, Municipal Employees Retirement System of Michigan, Confluence Wealth Management LLC and BKD Wealth Advisors LLC. Company insiders that have sold Molson Coors Brewing Co Class B company stock in the last year include Gavin Hattersley, Krishnan Anand, Mark Hunter, Peter H Coors, Simon Cox and Tracey Joubert. View Insider Buying and Selling for Molson Coors Brewing Co Class B.

Which institutional investors are buying Molson Coors Brewing Co Class B stock?

TAP stock was acquired by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, Adams Asset Advisors LLC, Deprince Race & Zollo Inc., NN Investment Partners Holdings N.V., Manning & Napier Group LLC, Thompson Investment Management Inc., Cito Capital Group LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Molson Coors Brewing Co Class B.

How do I buy shares of Molson Coors Brewing Co Class B?

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 Co Class B's stock price today?

One share of TAP stock can currently be purchased for approximately $62.85.

How big of a company is Molson Coors Brewing Co Class B?

Molson Coors Brewing Co Class B has a market capitalization of $13.56 billion and generates $13.47 billion in revenue each year. The company earns $1.41 billion in net income (profit) each year or $4.47 on an earnings per share basis. Molson Coors Brewing Co Class B employs 17,200 workers across the globe.

How can I contact Molson Coors Brewing Co Class B?

Molson Coors Brewing Co Class B'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 Co Class B (NYSE TAP)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  336 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  674
MarketBeat's community ratings are surveys of what our community members think about Molson Coors Brewing Co Class B 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 7/22/2018 by MarketBeat.com Staff

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