Lowest-Rated Stocks NYSE:TAP Molson Coors Beverage - TAP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Molson Coors Beverage Please log in to your account or sign up in order to add this asset to your watchlist. $51.41 -0.89 (-1.70%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$51.20▼$52.5250-Day Range$49.03▼$55.5752-Week Range$46.69▼$60.12Volume1.98 million shsAverage Volume1.69 million shsMarket Capitalization$11.13 billionP/E Ratio22.55Dividend Yield2.84%Price Target$54.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Molson Coors Beverage MarketRank™ ForecastAnalyst RatingHold1.92 Rating ScoreUpside/Downside5.0% Upside$54.00 Price TargetShort InterestBearish4.02% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.07Upright™ Environmental ScoreNews Sentiment0.86Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth5.68%From $3.87 to $4.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.66 out of 5 starsConsumer Staples Sector116th out of 137 stocksMalt Beverages Industry4th out of 4 stocks 1.0 Analyst's Opinion Consensus RatingMolson Coors Beverage has received a consensus rating of Hold. The company's average rating score is 1.92, and is based on 3 buy ratings, 6 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $54.00, Molson Coors Beverage has a forecasted upside of 5.0% from its current price of $51.41.Amount of Analyst CoverageMolson Coors Beverage has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.02% of the float of Molson Coors Beverage has been sold short.Short Interest Ratio / Days to CoverMolson Coors Beverage has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Molson Coors Beverage has recently increased by 6.12%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMolson Coors Beverage pays a meaningful dividend of 2.84%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMolson Coors Beverage has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Molson Coors Beverage is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Molson Coors Beverage will have a dividend payout ratio of 37.16% next year. This indicates that Molson Coors Beverage will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMolson Coors Beverage has received a -211.45% net impact score from Upright. The largest negative impact of Molson Coors Beverage in category "Physical diseases" seems to be driven mostly by its "Beer in a plastic bottle made of virgin materials", "Beer in a glass bottle made of virgin materials", and "Beer in a can made of virgin materials" products. See details.Environmental SustainabilityThe Environmental Impact score for Molson Coors Beverage is -2.07. Previous Next 3.8 News and Social Media Coverage News SentimentMolson Coors Beverage has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Molson Coors Beverage this week, compared to 5 articles on an average week.Search Interest11 people have searched for TAP on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.MarketBeat Follows3 people have added Molson Coors Beverage to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Molson Coors Beverage insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.30% of the stock of Molson Coors Beverage is held by insiders.Percentage Held by Institutions76.24% of the stock of Molson Coors Beverage is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Molson Coors Beverage are expected to grow by 5.68% in the coming year, from $3.87 to $4.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Molson Coors Beverage is 22.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Molson Coors Beverage is 22.55, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 15.90.Price to Earnings Growth RatioMolson Coors Beverage has a PEG Ratio of 3.35. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMolson Coors Beverage has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Molson Coors Beverage (NYSE:TAP) StockMolson Coors Beverage Co. is a holding company, which engages in the production and sale of beer. It operates through the following segments: Americas, and EMEA and APAC. The Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin, and South America. The EMEA and APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the UK, 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.Read More Receive TAP Stock 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. Email Address TAP Stock News HeadlinesJanuary 30, 2023 | marketbeat.comConstellation Brands: Are Consumers Trading Down for Rail Drinks? (TAP)High-end spirits and beverages producer Constellation Brands Inc. (NYSE: STZ) stock has been bouncing around 50-point trading for over a yearFebruary 7, 2023 | msn.comMolson Coors draws cautious first ratings look from Morgan StanleyFebruary 8, 2023 | Vantage Point (Ad)Predict These Market Breakouts with A.I.We’re looking for breakouts using a simple A.I. tool that you've got to see in our Live Free A.I. Market Training. Breakouts can make or break your trading, so it's critical you know how to predict them 1 - 3 days ahead. They happen at any moment, and they're easier to find with A.I. on your side. February 7, 2023 | finance.yahoo.comWhat’s New for Super Bowl 2023? More Booze Ads Share Spotlight With BudFebruary 6, 2023 | finance.yahoo.comSuper Bowl LVII dubbed ‘Betting Bowl or Beer Bowl’ amid Molson Coors-DraftKings team-up: Brand VPsFebruary 3, 2023 | finance.yahoo.comMolson Coors Beverage Stock a Losing Bet for FebruaryFebruary 1, 2023 | finance.yahoo.comMolson Coors Beverage Company's (NYSE:TAP) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?January 30, 2023 | msn.comDraftKings is taking Super Bowl bets on Coors Light and Miller Lite commercialsFebruary 8, 2023 | Vantage Point (Ad)Predict These Market Breakouts with A.I.We’re looking for breakouts using a simple A.I. tool that you've got to see in our Live Free A.I. Market Training. Breakouts can make or break your trading, so it's critical you know how to predict them 1 - 3 days ahead. They happen at any moment, and they're easier to find with A.I. on your side. January 27, 2023 | finance.yahoo.comDraftKings partners with Molson Coors for upcoming Super Bowl adJanuary 27, 2023 | finance.yahoo.comMolson Coors taps DraftKings to let fans bet on Super Bowl adJanuary 27, 2023 | msn.comBeer and spirits sales may be on the downswing - watch these stocksJanuary 25, 2023 | seekingalpha.comMolson Coors Is Poised To ProfitJanuary 24, 2023 | marketwatch.comMolson Coors Beverage Co. Cl B stock rises Tuesday, outperforms marketJanuary 20, 2023 | finance.yahoo.comMolson Coors and Wisconsin Center renew sponsorship agreementJanuary 17, 2023 | finance.yahoo.comMolson Coors serves up teaser for 2023 Super Bowl ad, its first in over 30 yearsJanuary 17, 2023 | finance.yahoo.comMolson Coors Beverage Company to Webcast 2022 Fourth Quarter and Full Year Earnings Conference CallJanuary 11, 2023 | benzinga.comMolson Coors Beverage Stock (NYSE:TAP), Quotes and News SummaryJanuary 10, 2023 | finance.yahoo.comMolson Coors launches nonalcoholic cocktail lineJanuary 10, 2023 | finance.yahoo.comMolson Coors launches non-alcoholic mocktail for dry JanuaryJanuary 10, 2023 | msn.comExclusive: Molson Coors is launching its first-ever zero-proof cocktailJanuary 10, 2023 | finance.yahoo.comMEET ROXIE: THE ZERO-PROOF CANNED COCKTAIL SHAKING UP DRY JANUARYJanuary 6, 2023 | seekingalpha.comMolson Coors is upgraded at Cowen with cheaper beer portfolio seen as an advantageJanuary 3, 2023 | msn.comMolson Coors is on watch after Wells Fargo turns bearishDecember 17, 2022 | thestreet.comMolson Coors Brewing Stock To Go Ex-dividend Tomorrow (TAP)December 15, 2022 | marketwatch.comMolson Coors Beverage Co. Cl B stock falls Thursday, still outperforms marketDecember 14, 2022 | finance.yahoo.comGrubhub: America's top takeout for 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TAP Stock 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. Email Address TAP Company Calendar Last Earnings10/27/2021Ex-Dividend for 12/15 Dividend12/01/2022Dividend Payable12/15/2022Today2/08/2023Next Earnings (Confirmed)2/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Malt beverages Sub-IndustryBrewers SectorConsumer Staples Current SymbolNYSE:TAP CUSIP60871R20 CIK24545 Webwww.molsoncoors.com Phone(303) 279-6565Fax302-655-5049Employees16,300Year Founded1786Price Target and Rating Average Stock Price Forecast$54.00 High Stock Price Forecast$61.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+5.0%Consensus RatingHold Rating Score (0-4)1.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$2.28 Trailing P/E Ratio22.55 Forward P/E Ratio13.28 P/E Growth3.35Net Income$1.01 billion Net Margins3.85% Pretax Margin4.75% Return on Equity5.78% Return on Assets2.88% Debt Debt-to-Equity Ratio0.45 Current Ratio0.77 Quick Ratio0.52 Sales & Book Value Annual Sales$12.45 billion Price / Sales0.89 Cash Flow$7.49 per share Price / Cash Flow6.86 Book Value$62.97 per share Price / Book0.82Miscellaneous Outstanding Shares216,510,000Free Float211,529,000Market Cap$11.13 billion OptionableOptionable Beta0.86 Social Links Key ExecutivesGavin D. K. HattersleyPresident, Chief Executive Officer & DirectorTracey I. JoubertChief Financial OfficerRoxanne StelterVice President & ControllerBrenda DavisChief Integration OfficerRahul GoyalChief Strategy OfficerKey CompetitorsBoston BeerNYSE:SAMCompañía Cervecerías UnidasNYSE:CCUAramarkNYSE:ARMKAlbertsons CompaniesNYSE:ACIService Co. InternationalNYSE:SCIView All CompetitorsInsiders & InstitutionsAMG National Trust BankSold 291 shares on 2/8/2023Ownership: 0.176%Van ECK Associates CorpSold 228 shares on 2/8/2023Ownership: 0.005%InterOcean Capital Group LLCSold 333 shares on 2/8/2023Ownership: 0.003%Crewe Advisors LLCSold 413 shares on 2/8/2023Ownership: 0.000%UBS Group AGBought 100 shares on 2/8/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions TAP Stock - Frequently Asked Questions Should I buy or sell Molson Coors Beverage stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last year. There are currently 4 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TAP shares. 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 TAP analyst ratings or view top-rated stocks. What is Molson Coors Beverage's stock price forecast for 2023? 13 Wall Street research analysts have issued 12-month target prices for Molson Coors Beverage's stock. Their TAP share price forecasts range from $45.00 to $61.00. On average, they expect the company's stock price to reach $54.00 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View analysts price targets for TAP or view top-rated stocks among Wall Street analysts. How have TAP shares performed in 2023? Molson Coors Beverage's stock was trading at $51.52 on January 1st, 2023. Since then, TAP shares have decreased by 0.2% and is now trading at $51.41. View the best growth stocks for 2023 here. When is Molson Coors Beverage's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023. View our TAP earnings forecast. How can I listen to Molson Coors Beverage's earnings call? Molson Coors Beverage will be holding an earnings conference call on Tuesday, February 21st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Molson Coors Beverage's earnings last quarter? Molson Coors Beverage (NYSE:TAP) posted its earnings results on Wednesday, October, 27th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.22. The firm earned $2.82 billion during the quarter, compared to analysts' expectations of $2.91 billion. Molson Coors Beverage had a net margin of 3.85% and a trailing twelve-month return on equity of 5.78%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.62 earnings per share. Read the conference call transcript. 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 10th. Investors of record on Friday, December 2nd will be paid a dividend of $0.38 per share on Thursday, December 15th. This represents a $1.52 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend is Thursday, December 1st. Read our dividend analysis for TAP. Is Molson Coors Beverage a good dividend stock? Molson Coors Beverage (NYSE:TAP) pays an annual dividend of $1.52 per share and currently has a dividend yield of 2.84%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TAP will have a dividend payout ratio of 37.16% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TAP. What is Gavin Hattersley's approval rating as Molson Coors Beverage's CEO? 30 employees have rated Molson Coors Beverage Chief Executive Officer Gavin Hattersley on Glassdoor.com. Gavin Hattersley has an approval rating of 63% among the company'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 retail and institutional investors. Top institutional shareholders include LSV Asset Management (3.51%), River Road Asset Management LLC (0.86%), Private Management Group Inc. (0.39%), Swiss National Bank (0.36%), Bank Julius Baer & Co. Ltd Zurich (0.31%) and Sumitomo Mitsui Trust Holdings Inc. (0.27%). Insiders that own company stock include Andrew Thomas Molson, James A Winnefeld Jr, Louis Vachon, Peter H Coors and Simon Cox. View institutional ownership trends. How do I buy shares of Molson Coors Beverage? Shares of TAP stock 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 $51.41. How much money does Molson Coors Beverage make? Molson Coors Beverage (NYSE:TAP) has a market capitalization of $11.13 billion and generates $12.45 billion in revenue each year. The company earns $1.01 billion in net income (profit) each year or $2.28 on an earnings per share basis. How many employees does Molson Coors Beverage have? The company employs 16,300 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.Read More How can I contact Molson Coors Beverage? Molson Coors Beverage's mailing address is 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202. The official website for the company is www.molsoncoors.com. The company can be reached via phone at (303) 279-6565, via email at mcbcinvestorrelations@molsoncoors.com, or via fax at 302-655-5049. This page (NYSE:TAP) was last updated on 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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