NYSE:TAP

Molson Coors Beverage Stock Forecast, Price & News

$49.70
-0.75 (-1.49 %)
(As of 07/23/2021 12:00 AM ET)
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Today's Range
$49.20
$50.43
50-Day Range
$49.70
$60.74
52-Week Range
$32.11
$61.48
Volume3.00 million shs
Average Volume2.25 million shs
Market Capitalization$10.78 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.11
30 days | 90 days | 365 days | Advanced Chart
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Molson Coors Beverage logo

About Molson Coors Beverage

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is headquartered in Chicago, Illinois.

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MarketRank

Overall MarketRank

1.64 out of 5 stars

Consumer Staples Sector

75th out of 329 stocks

Malt Beverages Industry

4th out of 15 stocks

Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Molson Coors Beverage (NYSE:TAP) Frequently Asked Questions

Is Molson Coors Beverage a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last year. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than Molson Coors Beverage?

Wall Street analysts have given Molson Coors Beverage a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Molson Coors Beverage wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Molson Coors Beverage?

Molson Coors Beverage saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 300 shares, a drop of 100.0% from the June 15th total of 15,570,000 shares. Based on an average daily trading volume, of 1,920,000 shares, the days-to-cover ratio is currently 0.0 days.
View Molson Coors Beverage's Short Interest
.

When is Molson Coors Beverage's next earnings date?

Molson Coors Beverage is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Molson Coors Beverage
.

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

Molson Coors Beverage will be holding an earnings conference call on Thursday, July 29th 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) announced its quarterly earnings data on Thursday, April, 29th. The company reported $0.01 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.12) by $0.13. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.86 billion. Molson Coors Beverage had a positive trailing twelve-month return on equity of 5.91% and a negative net margin of 6.54%.
View Molson Coors Beverage's earnings history
.

How has Molson Coors Beverage's stock price been impacted by Coronavirus (COVID-19)?

Molson Coors Beverage's stock was trading at $40.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TAP stock has increased by 21.4% and is now trading at $49.70.
View which stocks have been most impacted by COVID-19
.

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, July 15th. Stockholders of record on Monday, August 30th will be paid a dividend of $0.34 per share on Friday, September 17th. This represents a $1.36 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Friday, August 27th.
View Molson Coors Beverage's dividend history
.

What price target have analysts set for TAP?

8 brokers have issued twelve-month price objectives for Molson Coors Beverage's stock. Their forecasts range from $43.00 to $74.00. On average, they anticipate Molson Coors Beverage's share price to reach $56.10 in the next year. This suggests a possible upside of 12.9% 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:
  • Mr. Gavin D. K. Hattersley, Pres, CEO & Director (Age 58, Pay $2.37M)
  • Ms. Tracey I. Joubert, Chief Financial Officer (Age 54, Pay $1.41M)
  • Mr. E. Lee Reichert, Chief Legal & Gov. Affairs Officer and Sec. (Age 54, Pay $1.13M)
  • Ms. Michelle E. St. Jacques, Chief Marketing Officer (Age 43, Pay $1.45M)
  • Mr. Simon J. Cox, Pres & CEO of Molson Coors Europe (Age 53, Pay $733.34k)
  • Ms. Roxanne Stelter, VP, Controller, Chief Accounting Officer & Principal Accounting Officer (Age 44)
  • Mr. Dave Osswald, Chief People and Diversity Officer
  • Mr. Kevin Doyle, Pres of U.S. Sales
  • Mr. Brian Erhardt, Chief Supply Chain Officer
  • Mr. Peter John Marino, Pres of Emerging Growth (Age 48)

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.

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

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), The 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 investors include Oregon Public Employees Retirement Fund (0.07%), State of Alaska Department of Revenue (0.04%), Sound Income Strategies LLC (0.02%), IFM Investors Pty Ltd (0.01%), Raymond James Trust N.A. (0.01%) and New Mexico Educational Retirement Board (0.01%). Company insiders that own Molson Coors Beverage stock include Andrew Thomas Molson, Brian Tabolt, James A Winnefeld Jr, Louis Vachon, Peter H Coors and Simon Cox.
View institutional ownership trends for Molson Coors Beverage
.

Which major investors are selling Molson Coors Beverage stock?

TAP stock was sold by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Cypress Capital Group, Sound Income Strategies LLC, DORCHESTER WEALTH MANAGEMENT Co, Raymond James Trust N.A., and Freedman Financial Associates Inc.. Company insiders that have sold Molson Coors Beverage company stock in the last year include Andrew Thomas Molson, and Simon Cox.
View insider buying and selling activity for Molson Coors Beverage
or view top insider-selling stocks.

Which major investors are buying Molson Coors Beverage stock?

TAP stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, IFM Investors Pty Ltd, Brookstone Capital Management, Integrated Investment Consultants LLC, and New Mexico Educational Retirement Board. 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 $49.70.

How much money does Molson Coors Beverage make?

Molson Coors Beverage has a market capitalization of $10.78 billion and generates $11.72 billion in revenue each year. The company earns $-949,000,000.00 in net income (profit) each year or $3.92 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 or via email at [email protected]


This page was last updated on 7/24/2021 by MarketBeat.com Staff
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