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.
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Industry, Sector and Symbol
Industry Malt beverages
Sub-IndustryBrewers
SectorConsumer Staples
Phone303-927-2337
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$13.34 billion
Profitability
Miscellaneous
Employees17,750
Next Earnings Date2/12/2020 (Confirmed)
OptionableOptionable
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 announced a quarterly dividend on Thursday, November 21st. Investors of record on Monday, December 2nd will be given a dividend of $0.57 per share on Friday, December 13th. This represents a $2.28 annualized dividend and a dividend yield of 4.02%. The ex-dividend date is Friday, November 29th. View Molson Coors Brewing's Dividend History.
How were Molson Coors Brewing's earnings last quarter?
Molson Coors Brewing Co (NYSE:TAP) announced its quarterly earnings data on Wednesday, October, 30th. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.02. The business had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.87 billion. Molson Coors Brewing had a return on equity of 6.86% and a net margin of 1.19%. The company's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.84 EPS. View Molson Coors Brewing's Earnings History.
When is Molson Coors Brewing's next earnings date?
How can I listen to Molson Coors Brewing's earnings call?
Molson Coors Brewing will be holding an earnings conference call on Wednesday, February 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for TAP?
14 equities research analysts have issued 12-month price targets for Molson Coors Brewing's stock. Their forecasts range from $50.00 to $63.00. On average, they expect Molson Coors Brewing's stock price to reach $54.73 in the next year. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Molson Coors Brewing.
What is the consensus analysts' recommendation for Molson Coors Brewing?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Brewing in the last year. There are currently 5 sell ratings, 6 hold ratings and 3 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, "Molson Coors has underperformed the industry year to date due to a dismal surprise trend. Though the company beat earnings estimates in third-quarter 2019, both top and bottom lines declined year over year. This marked its fourth consecutive quarter of negative sales surprise. The top line was impacted by soft volume across all segments, owing to a challenging industry backdrop. This along with inflation, higher underlying effective tax rate and cycling a favorable resolution of a vendor dispute in the United States hurt earnings. However, the company’s revitalization plan, aimed at achieving sustainable sales growth by improving efficiency and unlocking resources to reinvest in business opportunities, bodes well. Its premiumization efforts, robust innovation pipeline and cost-saving efforts also appear encouraging." (11/4/2019)
- 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?
Media headlines about TAP stock have been trending neutral recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Molson Coors Brewing earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the near term. View News Stories for Molson Coors Brewing.
Are investors shorting Molson Coors Brewing?
Molson Coors Brewing saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 12,210,000 shares, an increase of 11.7% from the December 15th total of 10,930,000 shares. Based on an average daily volume of 1,780,000 shares, the days-to-cover ratio is presently 6.9 days. Approximately 7.1% of the company's shares are short sold. 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?
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 a number of of institutional and retail investors. Top institutional investors include Strs Ohio (0.14%), New York State Teachers Retirement System (0.13%), Country Club Trust Company n.a. (0.08%), Centre Asset Management LLC (0.07%), Capital Investment Advisors LLC (0.05%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Molson Coors Brewing stock include Brian Tabolt, Krishnan Anand, Mark Hunter and Simon Cox. 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 Strs Ohio, James Investment Research Inc., Lucia Wealth Services LLC, DNB Asset Management AS, Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC, Centre Asset Management LLC and Meag Munich Ergo Kapitalanlagegesellschaft MBH. Company insiders that have sold Molson Coors Brewing company stock in the last year include Brian Tabolt, 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 bought by a variety of institutional investors in the last quarter, including Sage Capital Advisors llc, Janney Montgomery Scott LLC, Capital Investment Advisors LLC, Fluent Financial LLC, NEXT Financial Group Inc, Red Spruce Capital LLC, Country Club Trust Company n.a. and GFS Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Molson Coors Brewing's stock price today?
One share of TAP stock can currently be purchased for approximately $56.74.
How big of a company is Molson Coors Brewing?
Molson Coors Brewing has a market capitalization of $12.28 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?
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)
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.
